June 19, 2019
The London Office of Innovation and Technology (LOTI) has been officially launched, ushering in what the fifteen councils behind the initiative claim will be a new era of digital transformation. The councils claim that London’s public services will benefit from faster adoption of technology, data and digital skills. The city-wide venture is a collaboration between all 32 London boroughs with the Mayor of London’s backing.
June 18, 2019
Freelancers working on projects now contribute more to the economy than the creative industries, new research from the CRSE (Centre for Research on Self-Employment) claims. The ‘project economy’, made up of freelancers brought in for individual projects such as new products, innovation and infrastructure, contributes approximately £104bn to the UK economy every year, according to the CRSE’s Freelance Project and Gig Economies report. That is more than the £100bn of the creative industries and close to the £110bn contributed by the construction sector. The ‘project economy’ accounts for 73 per cent of the UK’s skilled freelancers – nearly five times the 15 per cent working in the so-called gig economy. More →
June 17, 2019
The Monster Jobs Confidence Index, published for the first time by jobs board Monster.co.uk and the Centre for Economics and Business Research (Cebr), claims that workers and job seekers confidence in the UK labour market has dropped by 10 percent, from 77 percent to 67 percent. The report defines confidence as how an individual feels about their ability to find a suitable job in the short-term, realise their career potential and build a better future for themselves.
June 12, 2019
Over-work, stress and poor work-life balance are undermining attempts to improve the quality of working lives in the UK, new research from the CIPD claims. Over 5,000 people were surveyed for the UK Working Lives Survey, an annual assessment of job quality across seven different categories including pay and benefits, contracts and employment terms, and voice and representation. More →
June 12, 2019
With a rising retirement age and the prediction that by 2020, a third of UK workers will be aged 50 or over, new research from job board Totaljobs and recruitment firm Robert Walters found that many workers in their 50s find their career options and development opportunities are extremely limited.
June 11, 2019
This summer, over half (55 percent) of US employers will offer employees the option to leave work early on Fridays or take the entire day off. The new survey by Gartner claims that so-called flexible Fridays are an example of the sort of perks organisations are offering to gain competitive advantage in attracting and retaining top talent in a labour market which features record low unemployment levels.
May 31, 2019
Over a third of respondents (36 percent) to a new survey report they are commuting for more than 90 minutes a day; yet despite a high demand for employer provisions to help alleviate the stress of the commute such as flexible or remote working and season ticket loans, 43 percent of employees stated that these were not currently offered by their employer. The Commuter Survey from Office Space in Town also claims that among the top commuting complaints were: lengthy journeys (32 percent); overcrowding (27 percent) and delays and frequent cancellations (26.01 percent). With the survey also revealing 75 percent take the commute into account when making their employment decisions, there is a lot that employers could be doing to minimise the negative impact on employee attraction and retention.
May 31, 2019
The last three months have seen steady growth in the number of advertised jobs on offer, despite Brexit uncertainty, according to the latest UK Job Market Report from Adzuna. Pay rates are also on the rise, as average UK advertised salaries have outpaced inflation rates of 2 percent. Compared to the average salary on offer in April 2017 (£32,678), wages have been boosted 9.3 percent. Competition for jobs has also fallen to a record low, with a ratio of 0.21 jobseekers per vacancy in April. This means there are around five times more jobs being advertised than workers looking for new roles, the highest rate recorded since Adzuna began collecting the data seven years ago. Competition for jobs is now significantly lower than the ratio of 0.43 jobseekers per vacancy recorded a year ago, with the talent war showing no signs of letting up.
May 28, 2019
Record numbers of over-70s are choosing work over retirement, according to new analysis from Rest Less, a membership community site in the UK to offer work and volunteering opportunities specifically targeted at the over 50s. Using bespoke data provided to Rest Less by the Office for National Statistics, Rest Less’s analysis claims that the number of over-70s in full or part-time employment has been steadily rising year on year over the past 10 years, reaching a peak of 497,946 in the first quarter of this year – an increase of 286,000 or 135 per cent since 2009. Today, nearly 1 in 12 (8.1 percent) of those in their 70s are working, a significant increase from the 1 in 22 (4.5 percent) there were 10 years ago.
May 28, 2019
Small and medium-sized enterprises (SMEs) have been a significant driver of employment growth in recent years, mainly through the creation of new firms, including in high-growth sectors such as information and communication technologies (ICT). But the new OECD SME and Entrepreneurship Outlook claims to highlight how most SME job creation has been in sectors with below average productivity levels, with SMEs typically paying employees around 20 percent less than large firms. While SMEs are more engaged in new organisational or marketing practices than large firms, and sometimes more innovative in developing new products and processes, many continue to struggle disproportionately with developing the skills and resources needed to navigate the increasing complexity in technologies and markets.
May 23, 2019
Today, the World Green Building Council’s European network, in collaboration with eight cities and partners announced the launch of Build Upon, the next phase of what it claims is the world’s largest collaborative project on building renovation. With cities across the world declaring climate emergencies and climate action high up on the agenda for the European elections, this European Union (EU) funded project will empower cities across Europe to join forces with national governments and industry to decarbonise their existing building stock by 2050 and so increase the proportion of low carbon building across Europe. More →
June 14, 2019
Help on returning to work after cancer
by Christine Husbands • Comment, Wellbeing