Search Results for: employment

Half of gig workers earn below the minimum wage

Half of gig workers earn below the minimum wage

More than half of gig workers in the UK are paid below the minimum wage, a new study claimsAs the cost of living continues to spiral, a new report shows more than half of gig economy workers in the UK are paid below the minimum wage. The study, led by the University of Bristol, found 52 percent of gig workers doing jobs ranging from data entry to food delivery were earning below the minimum wage. On average respondents were earning £8.97 per hour – around 15 percent below the current UK minimum wage, which rose to £10.42 this month. More than three-quarters (76 percent) of survey respondents also experienced work-related insecurity and anxiety. More →

Chance plays a huge role in career success, report confirms

Chance plays a huge role in career success, report confirms

If you've ever thought that the success or otherwise of a career is a little or largely dependent on getting the right breaks at the right time, new research from academics in the UK and France may confirm itIf you’ve ever thought that the success or otherwise of a career is a little or largely dependent on getting the right breaks at the right time, new research from academics in the UK and France may confirm it. The study examines the role of chance events, whether positive or negative, on managers’ career success across Europe. While positive chance events typically have a positive impact on careers, 71 percent of those having experienced a negative chance event report nevertheless a positive impact on their careers. More →

Around a quarter of jobs will shift over the next five years, WEF report claims

Around a quarter of jobs will shift over the next five years, WEF report claims

Almost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic ForumAlmost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic Forum. Its Future of Jobs Report for 2023 suggests that employers anticipate 69 million new jobs to be created and 83 million eliminated among the 673 million jobs corresponding to the dataset, a net decrease of 14 million jobs, or 2 percent of current employment. The data is an extrapolation of data from 803 employers employing around 11 million people. More →

Half of parents struggling for work life balance

Half of parents struggling for work life balance

A new poll from AA Driving School suggests that around half (51 percent) of British parents find their job prevents them from finding a healthy work life balance, due to childcare and cost of living pressures.A new poll from AA Driving School suggests that around half (51 percent) of British parents find their job prevents them from finding a healthy work life balance, due to childcare and cost of living pressures. Increases to the cost of childcare have driven UK parents to work either additional hours in their current job (18 percent) or even take another job (12 percent) to financially support their family. More →

Reconnecting older workers with the office: have we retired what matters most?

Reconnecting older workers with the office: have we retired what matters most?

If we look at what older workers are actually saying about work and workplaces, there is an appetite for change, says Julie LecoqOlder workers now make up a larger percentage of the workforce than they did two decades ago. Data from Legal and General and the Centre for Economic Research (Cebr) suggests that the number of over 50s in employment has increased by 36 percent in the last 20 years, with 47 percent of this age group predicted to be in employment by 2030. A combination of the increase in retirement age and rising costs of living have made it a necessity for individuals to stay in work longer. From a corporate perspective, the growing skills shortages in a range of sectors has also meant that employers are consistently seeking to attract and retain those in the latter stage of their professional career. More →

Women experience more stress than men when working hours are fragmented, claims new research

Women experience more stress than men when working hours are fragmented, claims new research

Women experience more stress than men when their employment hours are split into different sections during the day, such as with flexitime and working from homeWomen experience more stress than men when their employment hours are split into different sections during the day, such as with flexitime and working from home, new research claims. Zhuofei Lu, of the University of Manchester, analysed survey data recorded during the pandemic in 2020-2021 on 620 British men and women, 40 percent of whom had children. More →

Zürich named as world’s leading smart city in list dominated by Asia and Europe

Zürich named as world’s leading smart city in list dominated by Asia and Europe

Zürich has been named as the world’s leading smart city according to the latest annual Smart City Index published by IMD business schoolZürich has been named as the world’s leading smart city according to the latest annual Smart City Index published by IMD business school. Asian and European cities dominate this year’s top twenty. Among them, IMD names six “super champions” because they have been continuously improving their performance since 2019: Zürich, Oslo, Singapore, Beijing, Seoul and Hong Kong. More →

Three quarters of people who left their pre-covid employer now want to go back

Three quarters of people who left their pre-covid employer now want to go back

According to a new poll from recruiter Robert Walters, almost three quarters of professionals (71 percent) who left their pre-covid employer in search of better pay or working culture say that they are open to returning. Half of the 3,000 people surveyed say that the reasons as to why they left in the first place are no longer applicable. Nearly half (45 percent of workers) who had left their job after lockdown did so for better pay – with a further 35 percent leaving for a better workplace culture or more purpose/fulfilment in their role. More →

Flexible working is the new “work-life currency”, claims new report

Flexible working is the new “work-life currency”, claims new report

A new report, Future of Work Life, from Ericsson Consumer & IndustryLab explores the ways in which employees and employers navigate the current work environment and their views on the future of work shaped by the pandemic, digitalisation and the fluctuating labour market. Almost half (48 percent) of the employees in the study say that they enjoy increased flexibility at work. 52 percent consider flexible work hours or locations as key requirements, and 25 percent say that flexibility is the top priority if they would start to look for a new job. Doing work rather than going to work is seen as central in this new way of thinking about work life. More →

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

The latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobsThe latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs claims. The authors suggest that the technology could replace around a quarter of the work tasks carried out in the US and Europe but may also mean new jobs and a productivity boom. The report claims that the tech could increase total annual value of goods and services produced globally by 7 percent. More →

The UK workplace sector reacts to the Spring Budget 2023

The UK workplace sector reacts to the Spring Budget 2023

The workplace sector in the UK has been reacting to the announcements in the Spring budgetToday the UK’s Chancellor of the Exchequer, Jeremy Hunt presented his Spring Budget to the House of Commons. In it he announced what her referred to as his ‘four pillars’ of industrial and productivity strategy, namely: ‘Enterprise’, ‘Employment’, ‘Education’, and ‘Everywhere’. Perhaps the headline element of this announcement was the creation of twelve new investment zones across the UK as well as incentives for older workers to return to the country’s patchy workforce. This includes£63m for programmes to encourage retirees over 50 back to work, “returnerships” and ‘skills boot camps’. Another headline for the workplace sector was the offer of improved childcare arrangements, especially for the parents of very young children, who will see 30 hours of free childcare expanded to include one and two-year-olds. More →

Unlocking the digital frontier: hiring the next generation of tech talent

Unlocking the digital frontier: hiring the next generation of tech talent

Any business that is looking to grow its consumer base or expand into new markets is likely to be relying on digital technology to a greater extent than ever before both in their operations and management. This also means that the world of employment, both for workers and enterprises, is necessarily evolving too. An inevitable consequence of this evolution has been that those for whom technology has been an essential part of their life and education — so-called digital natives — are in growing demand. More →