Search Results for: economy

Promotion: Where can you find talented freelancers that share your passion?

Promotion: Where can you find talented freelancers that share your passion?

The number of people freelancing around the world is expected to increase significantly from the current estimated 150 million to over 520 million in the next five years. The freelance industry is expected to contribute about US$2.7 trillion by 2025 as more and more businesses and entrepreneurs increasingly rely on online outsourcing to get their work done efficiently. More →

Pandemic threatens the transition to clean energy

Pandemic threatens the transition to clean energy

The coronavirus pandemic risks cancelling out recent progress in transitioning to clean energy, with unprecedented falls in demand, price volatility and pressure to quickly mitigate socioeconomic costs placing the near-term trajectory of the transition in doubt. Policies, roadmaps and governance frameworks for energy transition at national, regional, and global levels need to be more robust and resilient against external shocks, according to the latest edition of World Economic Forum’s Fostering Effective Energy Transition 2020 report published today. More →

Business needs to do more to address lockdown mental health issues

Business needs to do more to address lockdown mental health issues

Mental health and the pandemicEmployers must do more to support the mental health of their staff during the Covid-19 pandemic, as new research suggests up to 23 million people in the UK could be struggling with poor mental wellbeing as a result of the current situation. The research, carried out by not-for-profit healthcare provider Benenden Health, claims that 35 percent of people are thought to be struggling with their mental wellbeing as a result of the pandemic, with many saying support from employers could help ease the stress they’re experiencing day-to-day. More →

Government publishes guidance on how people should safely return to work

Government publishes guidance on how people should safely return to work

The UK Government has issued new guidance to help people return to work safely. Measures include redesigns of all workplaces including offices to maintain social distancing, staggered times of work, the use of as many entrances to a building as possible and changed layouts. The guidelines cover eight workplace settings including construction, offices and contact centres, factories, plants and warehouses and shops. More →

Employee productivity proves remarkably resilient during pandemic

Employee productivity proves remarkably resilient during pandemic

The surge in remote working coupled with the rapid adoption of communications and collaborative technology means many companies have seen no significant change in employee productivity, according to a new report from Willis Towers Watson. Organisations have responded to the rapid disruption caused by the dramatic spread of COVID-19 by finding innovative ways to help their workers cope with the impact of the pandemic, while at the same time preparing for an eventual return to the workplace for many employees, according to the  survey of employers’. More →

Coronavirus crisis drives freelancer confidence to unimagined lows

Coronavirus crisis drives freelancer confidence to unimagined lows

Freelancers’ confidence in their businesses and the wider economy has been driven to record lows by the Coronavirus crisis, according to research by IPSE (the Association of Independent Professionals and the Self-Employed) and PeoplePerHour, Europe’s largest freelance marketplace. Freelancers’ three month confidence in their businesses had already fallen to a six-year low last quarter because of concerns about the changes to IR35 tax regulations. More →

Ridding ourselves of the productivity fetish will help us combat climate change

Ridding ourselves of the productivity fetish will help us combat climate change

Climate action is often about sacrifice: eat less meat, don’t fly, and buy less stuff. These things are essential. But climate action can also be about gain. Many causes of climate change make our lives worse. So transforming our societies to stop climate change offers us the chance to make our lives better. More →

New IR35 rules for self-employed riddled with problems, says government committee

New IR35 rules for self-employed riddled with problems, says government committee

A report into the government’s plan to introduce IR35 reforms to the private sector has concluded that it is so flawed that it should be delayed and reconsidered. The committee concluded the rules are “riddled” with problems and unfairness. The authors conclude that the Government has overlooked the potential impact on the wider labour market, including the so-called gig economy. The Committee also heard that many companies were already nervous about the rules and so making blanket status determinations and laying off contractors. More →

Sleeping habits improve under lockdown, but conspiracy theories abound

Sleeping habits improve under lockdown, but conspiracy theories abound

One of the surprising consequences of the current lockdown for many people is that they are sleeping more soundly. A new study claims that nearly two thirds of people are getting the same amount or more sleep than they were before the UK went into lockdown on March 23rd. However the report also uncovered some troubling attitudes amongst groups of people, even though the majority are informed and behaving as advised. More →

When it comes to the future of work, we only know what we don’t know

When it comes to the future of work, we only know what we don’t know

As the threat and reality of COVID-19 simultaneously sweep the earth, the only certainty is the uncertainty, which is the least favourable place for businesses and individuals. The complexities of this situation cannot be underplayed, with multiple layers to consider, from human health both physical and mental to world economies. Whilst COVID-19 may be a great equaliser in terms of its indiscriminate contagion, the response from governments has varied widely. More →

Loneliness has always been a workplace issue

Loneliness has always been a workplace issue

Loneliness is increasingly recognised as a serious issue in modern society. In the UK, the Office of National Statistics reported that 5 percent of adults feel lonely ‘often’ or ‘always’, with further 16 percent of adults reporting feeling lonely ‘sometimes’, equivalent to approximately 9 million adults suffering from loneliness to some degree. More →

Fall in employment and property values is inevitable

Fall in employment and property values is inevitable

commercial propertyIt is already inevitable that the economic fallout from the COVID-19 pandemic will include a “big hit to commercial property values” and a rise in unemployment in the UK, according to reports from researchers Capital Economics (paywall). The economic research consultancy has downgraded its forecasts for the UK economy and, as a result, is projecting a near 10 percent decline in property values and a rapid but short-lived increase in unemployment. More →