Search Results for: employment

July 12, 2019

Regional productivity gaps at near record high

Differences in typical household incomes across the UK’s regions and nations have halved since their 1990 peak, but differences in productivity remain close to record highs, according to new research published by the Resolution Foundation. The report, Mapping Gaps, examines the relative economic performance of UK regions and nations since the 1960s, and the extent to which this has driven differences in household living standards. The report notes that regional inequality is a hot topic – particularly since the EU referendum exposed huge voting divides between London, Scotland and Northern Ireland, and the rest of the UK – and that the UK is one of the most unequal countries in the OECD when it comes to the relative economic performance of its regions and nations.

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July 11, 2019

Diversifying hiring practices to bridge the skills gap

by Jennifer Warawa • Comment, Workplace

Talent scarcity and the skills gap have become very real concerns in the UK. We are currently in a period of high employment, and at the same time, uncertainty surrounding Brexit has caused a reduction in immigrant labour, reducing the talent pool further. For accountancy, the skills gap issue is even more acute because it is already an industry with a very limited talent pool. When asked to describe an accountant, it is likely that many of us would describe a very similar person. For a variety of reasons, accountancy as a profession attracts a very specific group – often male, university educated, usually from a Russell Group university. Hiring from such a small pool means that the squeeze on talent is even tighter in this sector. (more…)

July 10, 2019

The growing problem of work separation anxiety

by Jenni Wilson • Comment, Flexible working, Wellbeing

While it’s stated full-time working hours in the UK should be around 38-40 hours per week, today’s hyperconnected world means it’s easier than ever to be ‘on the clock’ outside this timeframe. Constant access to emails and the corresponding ‘telepressure’ to respond quickly to customers and colleagues means the line between ‘work time’ and ‘me time’ is blurred. This has led to the coining of a new term for the rising epidemic of stress linked to this need to be connected to work. It’s called work separation anxiety.

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July 9, 2019

No more cold turkey as part time workforce age rises

by Jayne Smith • News, Workplace

New data from Rest Less claims that there are 3.4 million over 50s working part time today, an increase of 912,000 in a decade. The UK’s part time workforce age is rising, as is being driven by the over 50s more than any other age group, according to new analysis from Rest Less, a jobs, volunteering and advice site for the over 50s. (more…)

July 8, 2019

Companies need to be more honest about employer branding

by Jayne Smith • News, Workplace

Almost a third of employees have left a job because the culture wasn’t what they expected so firms need to address their employer branding. The research from pre-hire assessment specialists, ThriveMap, claims that 32 percent of employees have left a job because the culture wasn’t what they thought it would be when they joined the organisation. When asked what was different from what they expected, 56 percent said it was the behaviour of senior leaders, 53 percent said it was the behaviour of colleagues and 51 percent cited everyday management. These figures indicate that a significant proportion of companies are not being completely honest around their employer brand and selling candidates an untruthful picture of what their organisation is really like.

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July 3, 2019

Gig economy and freelance workers would prefer secure work

by Neil Franklin • Flexible working, News

Freelancers, the self employed and workers in the so-called gig economy may like the flexibility but they would prefer a steady job, according to new research from the Centre for Economic Performance (CEP). The rise of non-traditional work arrangements is not due to workers wanting or demanding these jobs, but rather because they have no other choice the report concludes. What’s more, workers would agree to earn less in order to increase their employment security. The results come from analysis of data from over 4,000 UK and US workers, who were surveyed on their current work arrangements and the job attributes they most want. (more…)

July 2, 2019

More people than ever plan to work past 65 but health fears remain

by Neil Franklin • News, Wellbeing, Workplace

According to ONS statistics, nearly three quarters (71 percent), or 23 million UK based employees, plan to work beyond the age of 65, but two in five of these (41 percent) – equivalent to 9.5 million workers – are concerned their health will make it difficult to do so, according to new research from Canada Life Group Insurance. Over a quarter (27 percent) of UK employees think their boss views older workers as a ‘hassle’ because of these possible health struggles. This highlights the potential for poor health to act as a barrier to employment and retention of older workers. Employees also believe their boss perceives older workers as stuck in their ways (30 percent) and technologically inept (30 percent). Among the biggest concerns of those intending to work beyond the age of 65 is that they will be treated differently because their boss or colleagues perceive them as being ‘old’. (more…)

June 27, 2019

We are running out of time to find the meaning of work

by Mark Eltringham • Comment, Flexible working, Technology, Wellbeing, Workplace design

Last week’s report from the IFS detailing the ongoing rise in the numbers of working poor in the UK highlights just how dysfunctional work can be in the modern era. While depictions of work in the media tend to consist of diverse Millennials clustering around a single laptop in the sun-dappled offices of tech firms, or chilling on the Chesterfield in a coworking space, the reality for many people is somewhat different. (more…)

June 27, 2019

Bosses overwhelmingly in favour of flexible working

by Neil Franklin • Flexible working, News

Businesses that fail to accommodate staff looking to set their own work schedule in some way will struggle to attract and retain talent, claims new research from Vistage. The research suggests that nearly two-thirds (73 percent) of UK CEOs and business leaders believe organisations that fail to offer flexible working to employees will face a struggle to attract talent. More than half (59 percent) of respondents said they’ve already written flexible working options into standard employment contracts. A further 36 percent say it’s either something they’re looking at or would consider in the future. (more…)

June 26, 2019

Jobs upheaval as world adapts to era of automation

by Mark Eltringham • AI, News, Technology

A new report from the Economist Intelligence Unit and UiPath claims that organisations around the world currently making extensive use of automation technologies, with 67 percent of UK business executives claiming to be satisfied satisfied with the results of their automation initiatives, 48 percent describing their organisation’s progress with automation as advanced, and 73 percent expecting their company’s operating costs to improve as a result of automating business processes. It is published on the same day as another report suggests that up to 20 million manufacturing jobs could be lost to robots across the world’s leading economies by 2030, replaced by a range of new jobs. (more…)

June 26, 2019

Flexible working is the new measure of success

by Ben Chatfield • Comment, Flexible working

Professional bragging rights were once the preserve of top earners. Those with massive salaries, huge bonuses, and in some cases, even bigger egos. Money equals success – technology has shifted that long held view. Today flexible working, in terms of hours, location and role, has become an embraced reality and chief workplace priority. Technology has blurred the lines between work and life. The new “digitally native” workforce now expect a flexibility and access in every aspect of their lives. More than ever, work is seen as an adventure which is to be explored, rather than accepted. (more…)

June 19, 2019

London councils form office of technology and innovation

by Neil Franklin • Cities, News, Technology

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.