Search Results for: employment

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

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

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

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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Employers face increasing challenge in finding the right person for the job warns CIPD

Employers face increasing challenge in finding the right person for the job warns CIPD

Employers face increasing challenge in finding the right person for the job warns CIPD

Employment prospects in the UK are improving, as the number of vacancies in the UK economy remain well above historic average levels, but the CIPD is warning that employers’ demand for skills and labour may not be met by supply. The latest Labour Market Outlook from the CIPD and The Adecco Group shows that employers’ near-term employment expectations have risen to a five-year high. This continued growth in demand for labour, while highlighting employer optimism, is set to lead to a further tightening of the UK labour market for employers, making it harder for them to find the skills and labour they need. Almost two-thirds (61 percent) of employers in the survey said that at least some of their vacancies are proving hard to fill.  By comparison, just over half (56 percent) of employers reported that they were currently having difficulty filling vacancies in their organisation during the same period in 2017. In response, more than a quarter (28 percent) said that they are raising wages to tackle their recruitment difficulties. The report authors also suggest that offering staff more flexible work and collaborative spaces could help with recruitment and retention.

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Optimal workplace productivity gains could add £39.8 billion to British and Irish economies

Optimal workplace productivity gains could add £39.8 billion to British and Irish economies

The United Kingdom could reshape its economic future and unlock its share of £39.8 billion in untapped GDP if organisations were to ‘optimise their workplaces’, according to a new study by Ricoh and Oxford Economics, titled The Economy of People (registration required). The UK could achieve a 1.8 percent increase in GDP, equal to £36.8 billion, which could pay for the cost of Brexit twice with change to spare. Similarly, the Irish economy could expand by 1.0 percent, or £3 billion, if businesses commit to creating the optimal office. The findings from The Economy of People are based on forecasts of how productivity in various industries will improve, if investment in workplaces makes them optimal for those that work there and their employers. Surveys and interviews were conducted with employees and executives to uncover how workplace elements, such as culture, physical workspace and technology affect performance and productivity.

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Presenteeism hits record high in UK organisations, linked with stress and depression

Presenteeism hits record high in UK organisations, linked with stress and depression

Presenteeism, defined as people coming into work when they are ill, has more than tripled since 2010, according to the latest CIPD / Simplyhealth Health and Wellbeing at Work report.  According to the study, 86 percent of over 1,000 respondents to the 2018 survey said they had observed presenteeism in their organisation over the last 12 months, compared with 72 percent in 2016 and just 26 percent in 2010. The survey also found that ‘leaveism’, such as people using annual leave to work, is also a growing problem. More than two-thirds of respondents (69 percent) reported that leaveism has occurred in their organisation over the last year.

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Number of working mothers rise by a half in under forty years, claims study

Number of working mothers rise by a half in under forty years, claims study

The past four decades have seen a transformation of the UK’s jobs market and society marked in particular by a decline of the traditional single-earner couple driven mostly by the mothers of young children and partners of higher-earning men. More than three quarters of women aged 25-54 in the UK are in paid work, reaching a record high of 78 percent in 2017. In contrast, fewer than 60 percent were in paid work in the mid-1970s. New analysis by IFS researchers, funded by the Economic and Social Research Council (ESRC), looks at changes in women’s working patterns over the last four decades. It claims that these big social and economic changes are in large part driven by working mothers. In the mid-1970s nearly half of couples with dependent children had just one adult in paid work; that proportion now stands at just 27 percent. The increase in maternal employment has been concentrated among those with children of pre-school or primary-school age, and also among the partners of relatively high-earning men.

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Employers not properly supporting older workers with health conditions

Employers not properly supporting older workers with health conditions

Employers not properly supporting older workers with health conditionsOne in four working people aged 55+ with a health condition are considering leaving work as a negative culture and bureaucratic procedures put many off speaking to their employers until a crisis point. This is according to a new report from Ageing Better, ‘Health warning for employers: supporting older workers with health conditions’, which claims that employers are not properly supporting older workers experiencing long-term physical and mental health conditions. Health is the most important factor affecting older workers’ decisions to stop working before reaching State Pension age. Ageing Better’s research finds that early access to support, small adjustments to the workplace and working patterns, and empathetic management are crucial to enabling people to manage their health at work and remain in employment. But the research also found that workers are often put off speaking to employers until the last moment due to poor workplace culture and overly bureaucratic procedures.

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Nearly half of London Law firms are already utilising AI

Nearly half of London Law firms are already utilising AI

Nearly half of London Law firms are already utilising AIThere have already been warnings from workplace experts that the legal profession isn’t one to choose for those starting out on their careers as it’s ripe for automation, and a new survey claims these changes are happening fast. According to a survey of over a 100 law firms by CBRE, nearly half (48 percent) are already utilising Artificial Intelligence (AI) and a further 41 percent have imminent plans to do so. Of the firms already employing AI, 63 percent of firms are using it for legal document generation and review, and the same proportion for e-discovery. Due diligence (47 percent) and research (42 percent) were also common applications, along with compliance and administrative legal support (each 32 percent). The use of AI will affect employment levels, with the greatest impact predicted at the junior and support levels, where nearly half (45 percent) of firms believing that there will be a reduction in headcount. In contrast, only 7 percent of firms believe that senior headcount levels will be reduced.

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Business leaders struggling to keep up with demands of individuals and technological developments in the workplace

Business leaders struggling to keep up with demands of individuals and technological developments in the workplace

Organisations are struggling to keep pace with workplace shifts including skills gaps, the development of artificial intelligence, the demands of employees and new social expectations, according to the latest Human Capital Trends report from Deloitte. In its 2018 edition, The Rise of the Social Enterprise, Deloitte focuses on the growing expectations of individuals and the pace at which technology is shaping organisations’ human capital priorities.

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Robots will lead to increased productivity without stealing jobs, but wages will fall

Robots will lead to increased productivity without stealing jobs, but wages will fall

AI will take time to lead to higher productivity but it may also depress wagesRobots will not as feared steal people’s jobs and will eventually improve productivity, but they will undercut workers’ contribution sufficiently to depress their wages. According to the third report in Barclays Impact Series, titled Robots at the gate: Humans and technology at work, technology is fundamentally re-shaping the nature of work, and the implications of this re-shaping process will accelerate in coming decades. The report authored by Barclays’ Research team and supported by the Barclays Social Innovation Facility sets today’s technological advancements in the context of historical precedent and argues that robotics and Artificial Intelligence do not portend a jobless future. However, these new technologies have important macroeconomic consequences, such as wage disinflation, which will likely continue in the years or even decades to come. The report also argues that productivity spurts lag behind technological leaps, as it can take years or even decades for an economy to figure out how to best use a new technology. Eventually, economies of scale are reached, consumer behaviour adapts, companies refine their business models and productivity growth finally kicks in. (more…)

Third of fathers lack access to flexible working arrangements, claims study

Third of fathers lack access to flexible working arrangements, claims study

Almost a third of working fathers in the UK lack access to flexible working arrangements, new research says. The British Sociological Association’s annual conference in Newcastle heard this week that 30 percent of employed fathers surveyed could not work part-time, have flexible employment hours or work in a job share. The rate for women without flexible working was lower –10 percent, the researchers, from the UCL Institute of Education, the University of East Anglia, and the National Centre for Social Research (NatCen) found.

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