Search Results for: employment

Quarter of British workers have a side hustle as well as their main job

Quarter of British workers have a side hustle as well as their main job

by • Flexible working, News, Workplace

Academics at Henley Business School have revealed a growing trend in ‘side hustles’ which shows that as many as 1 in 4 people in the UK are running at least one business project alongside their main day job, contributing an estimated £72 billion to the UK economy. Henley has published a white paper on the emerging side hustle economy. Its study of over 500 business leaders and 1,100 UK adults found the trend is now happening at an unprecedented pace across the UK.  A side hustle is defined as a secondary business or job that brings in, or has potential to bring in, extra income. 73 of people who start a side hustle do so to follow a passion or explore a new challenge, but there are financial benefits too, with side businesses contributing 20 percent to side hustlers’ income.

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New study flags health and wellbeing risks for the self-employed

New study flags health and wellbeing risks for the self-employed

by • News

The Good Life Report, a study by AXA Business Insurance into Britain’s boom in self-employment, claims that tradespeople have better than average mental health but their work style brings increased physical risks, particularly high blood pressure. According to the AXA study of self-employed people, those in the building trades report the best mental wellbeing. Just eight per cent say their work causes them stress – four times lower stress rate than among UK workers overall, and half the stress rate for self-employed people in desk-based jobs.
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The self-employed enjoy higher levels of wellbeing and happiness, but work still needed

The self-employed enjoy higher levels of wellbeing and happiness, but work still needed

by • News, Wellbeing

Policymakers and business leaders must work to improve wellbeing among the self-employed, a new report by the Centre for Research on Self-Employment (CRSE), has said. Instead of exploring self-employed wellbeing through the conventional prism of economic success, the report, The Way to Wellbeing, adopts a new approach. It considers people’s overall life satisfaction, based on their subjective assessments of various aspects of their lives – including jobs, income, health, family life and leisure. The report found that wellbeing was higher among self-employed people by using subjective assessments of different aspects of their lives. This is the first time a major report of its kind has taken a holistic view of wellbeing – looking at jobs, health, family life and leisure – to build an overall picture of life satisfaction, rather than just using a narrow measure of economic success.

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The hype surrounding wellbeing concepts can blind us to their true value

The hype surrounding wellbeing concepts can blind us to their true value

by • Comment, Wellbeing

Digital detox. Does the phrase make you roll your eyes or grab your attention? Lately, you’d be forgiven for thinking that the idea of switching off from technology, particularly your smart phone (if people still call them that as they are so ubiquitous) has become a media fad. A litmus test for this might be how much air time BBC R2 give the subject. Over the past few weeks it has figured a lot, particularly Chris Evans referencing it in a Japanese themed week and a Friday morning interview with the neuroscientist Dr Jack Lewis who shared his tops tips for a digital detox. No doubt the Daily mail is jumping on the bandwagon as well.

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Capability is a common cause for dismissal, but many organisations lack the right policy

Capability is a common cause for dismissal, but many organisations lack the right policy

by • Features, Workplace

‘Capability’ is one of the five fair reasons for dismissal. However, it can be split into two distinct parts; inability to perform the job as a result of incompetence, and inability to perform the job through sickness absence. Some companies blur the two and have one policy to cover both, but I’ve always found that to be confusing. A disciplinary policy should cover poor performance or misconduct. A capability policy describes the process that needs to be followed when someone is either on repetitive short-term leave, or long-term sick leave, to assist with their return to work, or eventual fair dismissal.

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Fathers Day offers a chance to ponder the disadvantages faced by many working dads

Fathers Day offers a chance to ponder the disadvantages faced by many working dads

by • Comment, Flexible working, Wellbeing

Father’s Day – a day when fathers up and down the UK are supposed to feel valued – whether it’s hand print cards from their 2-year old, a pair of socks from their teenager or BBQ accessories from their fully-grown son or daughter. Fathers looking to the government for an offering will be disappointed. Its response to the Women & Equalities Select Committee’s excellent recommendations on fathers and the workplace is the equivalent of a nicely wrapped box with very little in it. For self-employed fathers, the box appears to be empty.

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US companies are waking up to the benefits of caring for employee mental health

US companies are waking up to the benefits of caring for employee mental health

by • Comment, Wellbeing

In 2015, the American Psychological Association chose American Express as the inaugural winner of the Organizational Excellence Award, recognizing successful efforts to integrate psychology and prioritize behavioral health and emotional well-being in the workplace. American Express had an employee assistance program (EAP) for workers dealing with depression and other mental health challenges. The EAP was a telephone-consultation system and only about 4 percent of employees utilized it. After the firm added on-site counselors to meet with employees for free—and rebranded the EAP as part of its “Healthy Living” —the usage rate more than doubled.

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Women and younger people are transforming the UK’s freelance economy

Women and younger people are transforming the UK’s freelance economy

by • Flexible working, News

The workforce is changing as more people swap the security of a 9-to-5 job for the flexibility of freelancing, with key demographics and industries leading the self-employed sector, according to a new study from Instant Offices. ‘Millennials’ and UK workers facing significant lifestyle changes, such as motherhood, or nearing retirement, and are looking for more flexible ways to work. According to the Association of Independent Professionals and the Self-Employed (IPSE), the self-employed sector now includes approximately 4.8 million people, with freelancers comprising 42 percent of that population and 6 percent of the UK workforce as a whole. The IPSE reports that in 2016, freelancers contributed £119 billion to the national economy. This was up from £109 billion in 2015 and experts are predicting that this number will only continue to grow in the years to come.

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War for talent is increasing as recruits have higher expectations than ever of a new job

War for talent is increasing as recruits have higher expectations than ever of a new job

by • News, Workplace

War for talent grows, with recruits having higher expectations than ever of a new jobAs employment levels rise, employers are facing stronger competition to attract and retain staff. Now the latest research suggests there is an escalation in the ‘war for talent’, as nine out of 10 new hires admit they would leave a job that fails to meet expectations within a month. According to research commissioned by Robert Half of 9,000 candidates in 11 countries across four continents, nearly half (47 percent) admit they decide whether they would or wouldn’t accept a position straight after the initial meeting. Highlighting that first impressions count, a further one fifth (20 percent) know if they are interested after the first communication (call/email), while 17 percent typically decide within the first five minutes of the interview.  Less than one in 10 (9 percent) wait until they have completed subsequent interviews to decide and merely 7 percent decide during contractual negotiations. Even once candidates have accepted a role, 91 percent admit they would consider leaving a job within their first month and 93 percent during their probation period.

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Additional 1.5 million people planning to trade the rat race for the gig economy

Additional 1.5 million people planning to trade the rat race for the gig economy

by • Flexible working, News, Technology, Workplace

Rise of the gig economy is transforming the UK employment landscapeMore than 6 million UK adults are already self-employed or working as a contractor in the so-called gig economy, with a further 6 percent of currently  full-time professionals looking to make the transition this year. New research of more than 2,000 UK adults commissioned by WeMa Life claims to reveal how the rise of the gig economy is transforming the UK’s employment landscape, with one in five (19 percent) working adults currently identifying themselves as being a freelancer, sole trader or self-employed. The study found that 71 percent of gig economy workers identified flexibility as the biggest appeal for working on a contractor or temporary basis. Furthermore, having control over the hours and types of jobs undertaken has also empowered a new section of the workforce that were previously unable to access full-time employment – it was uncovered that nearly half (46 percent) of those working in the gig economy do so because they are not in a position to work a full-time job due to other commitments in their life.

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Fewer than half of Australians now work in a traditional job

Fewer than half of Australians now work in a traditional job

by • Flexible working, News, Workplace

Fewer than half of employed Australians now hold a standard, traditional job, according to a new report into the growth of insecure employment published by the Centre for Future Work. The report, The Dimensions of Insecure Work: A Factbook, reviews eleven statistical indicators of the growth in employment insecurity over the last five years: including part-time work, short hours, underemployment, casual jobs, marginal self-employment, and jobs paid minimum wages under modern awards. It defines a standard job as permanent full-time paid work with leave entitlements. According to the authors, all the indicators of job stability have declined since 2012, thanks to a combination of weak labour market conditions, aggressive profit strategies by employers, and passivity by labour regulators.

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Report calls for more support for working carers, including flexible working

Report calls for more support for working carers, including flexible working

by • Flexible working, News, Wellbeing

office design and facilities managementThe UK’s Work and Pensions Committee has published a report detailing recommendations on how working carers can be better supported by both employers and the government. This includes proposals to make the right to request flexible working available from an employee’s first day. The report, Employment support for carers: thirteenth report of session 2017-19, seeks to offer advice on how working carers can be better supported to remain in or enter employment. The report covers recommendations for the existing state benefits system around the carers’ allowance, potential changes to employment policies and also how the government can act as a model employer in this space.

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