Search Results for: employment

November 28, 2016

Surge in overall job vacancies, but consultancy sector bears Brexit brunt ⁰

The number of advertised job vacancies in the UK increased by 2.6 percent to 1,162,342 in October, and according to the latest UK Job Market Report from Adzuna.co.uk, with Christmas on the horizon, employers will be seeking to hire an array of temporary jobseekers to meet a rise in demand. A rise in total advertised vacancies has also been fuelled by employers’ plans to expand and refresh their teams to capitalise on jobseekers intending to make a fresh start or change in career path in the first few months of 2017. However, despite the overall resilient nature of the jobs market, the consultancy sector appears to have taken the brunt of the implications of Brexit. As a result, average advertised salaries are currently down 8.7 percent. This suggests companies are withdrawing from placing as much reliance on temporary staff and freelancers and seeking expertise internally from senior employees who may be more familiar with the nature of the business. This also highlights the importance of employers widening their talent pool and attracting highly skilled workers.

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November 28, 2016

Employers urged to find ways of motivating and retaining older workers ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

Employees over 50 still have a huge amount to offer, and that is why employers need to develop and implement strategies to find ways of managing and retaining them. The results of a three year study – led by Nottingham Trent University with Workplace Innovation Limited – aimed at preventing the loss of vital knowledge, skills and experience of increasingly ageing workforces indicate that measures should be taken by employers to ensure older workers don’t become demotivated and head into early retirement. The first-of-its-kind study follows findings which reveal that by 2030 the number of people aged over 55 in high-income countries will have grown to 500 million. As part of the study, researchers found that interventions which seek to improve job design and the way in which work is organised can lead to better engagement and retention of older workers – as well as producing wider benefits for the business and its employees. The project investigated work-related predictors of retirement for the over 50s, finding that manageable job demands and more control over roles were key factors in delaying a decision to retire.

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November 24, 2016

Millennials prefer the traditional job model to the ‘gig economy’ ⁰

by Sara Bean • Flexible working, News, Workplace

Organisations that offer a range of perks, flexible hours and contract work to attract younger workers may be wasting their time, as it seems millennials prefer a more traditional approach to that of the gig economy. In a survey by the US-based Career Advisory Board of 500 respondents representing a diverse sample of American workers, 91 percent of the millennials surveyed reported they would like to work at a single full-time job rather than embrace the gig economy and 81 percent overall said they would prefer a single position that’s full-time. Of the 81 percent of respondents of all ages who’d prefer a single full-time position, an overwhelming number didn’t mind going into an office, but would like some location flexibility (59 percent). Most surprisingly, millennials were more likely to want to work in an office every day than their older colleagues. And as for special perks like onsite food, wellness perks and day-care, less than 1 percent of respondents preferred special company perks to the more crucial benefits such as medical/dental plans, paid time off and retirement benefits, which rated the most important offerings after competitive salary.

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November 23, 2016

Asian HR executives ready to welcome our new robot overlords ⁰

by Mark Eltringham • News, Technology, Workplace

Asia is set to lead the world in the uptake of artificial intelligence in the workplace and human resources managers expect to be in the vanguard when it comes to managing in the new era. According to a report in the MIT Technology Review, two thirds of HR managers in the region expect to be dealing with AI within five years and nearly three quarters believe the technology will lead to substantial job losses over the same period. Although the report is based on interviews with just 60 executives it highlights a growing awareness among HR managers worldwide that they will have to adjust very soon to a new era in which people are working alongside the next generation of AI. The report also highlights the different perspectives that HR professionals have on the subject compared to the boardroom.

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November 22, 2016

Employers and ambitious employees combine to boost a buoyant job market ⁰

by Sara Bean • News, Workplace

The job market continues to remain buoyant in the face of economic and political uncertainties, and this is matched by a noticeable enthusiasm among employees to move jobs, suggests new research. The Totaljobs Employment Index, which measures activity across the totaljobs website, has shown that job postings on the site were up 7 percent year-on-year (YoY) in October. But this demand seems to have been outstripped by jobseekers’ needs, with the number of applications on the website up 14 percent YoY. This means that despite an increase in vacancies, the number of applications per job has soared 7 percent. This trend continues when looking at the last three months (Aug-Oct) compared with the same period in 2015, as jobs rose 11 percent and applications increased 12 percent. Broken down across the UK, the best performing regions in terms of growth in jobs posted include the North West (up 17 percent), the East Midlands and Wales (both up 13 percent).

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November 18, 2016

HR directors struggle to devise long term digital workplace strategies ⁰

by Sara Bean • News, Technology, Workplace

One of the effects of the UK’s falling unemployment levels is that HR Directors risk becoming so consumed with issues of talent retention and hiring that they are unable to plan effectively and build a long term strategy for their business, especially when it comes to key emerging issues such as the digital workplace. While the latest ONS statistics show that UK unemployment fell by 37,000 to 1.6 million in the three months to September, hitting an 11-year low, in an anonymous survey carried out by The Curve Group, 92 percent of HR Directors say re-designing their organisation in response to the emergence of the digital workplace, new entrants and a flat economy should be their main priority, but only 44 percent feel able to do so.

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November 15, 2016

‘Western’ millennials rate sense of purpose most important job criterion ⁰

by Sara Bean • News, Technology, Workplace

A sense of purpose remains the top priority among ‘Western’ millennials from the United States, United Kingdom, Germany and France; but in the largest emerging economies, including China and India, salary and career advancement remain the most important job criteria, according to the Global Shapers Annual Survey for 2016. While the US, UK and Canada lead the list among young people who would like to live abroad to advance their careers, the United Arab Emirates and China are the most preferred emerging-market countries, the survey from the World Economic Forum survey claims. They came in at 11th and 12th place, respectively, ahead of the Scandinavian countries, all other BRICS (Brazil, Russia, India, China and South Africa) countries and Singapore. One reason for the strong performance of the UAE may be the good prospects for landing a job in the country. While 34 percent of millennials globally identified the lack of economic opportunity and employment as one of the three most serious issues affecting their country – making it the biggest issue of concern after corruption –only one in 10 of the UAE respondents said they see unemployment as a serious issue.

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November 14, 2016

Vast majority of UK employers are against a ‘hard Brexit’ finds CIPD ⁰

by Sara Bean • Knowledge, Legal news, News, Workplace

The implications of Brexit are raising concerns over a reduction in employers’ intentions to invest in their staff and its effects on access to migrant labour. As a result, according to the latest quarterly CIPD/Adecco Group Labour Market Outlook, while employment growth looks set to continue in the UK, there are signs that this is beginning to slow and that real wages are likely to fall during 2017 for many employees. The data shows that the net employment balance, while remaining in positive territory at +22, based on the difference between the share of employers expanding their workforce and the share of employers reducing their workforce, has shown a slight negative decline from the previous quarter’s figure of +27. Although 42 percent of employers believe that future restrictions on EU labour could damage their UK operations, just 15 percent have started to prepare for this eventuality; which is probably why the vast majority are against a ‘hard Brexit’.

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November 10, 2016

Nearly half of HR professionals don’t feel up-to-speed with new workplace legislation ⁰

by Neil Franklin • News, Workplace

New research from identity data intelligence firm GBG claims there are a startling number of HR professionals (41 percent) who are struggling to keep up with new and changing workplace legislation. Recent changes to UK law, such as those made to the Right To Work in the Immigration Act and Modern Day Slavery Act are met with anxiety by 34 percent of respondents. Only 26 percent feel prepared and just 4 percent feel optimistic that the changes will be advantageous for their organisation. Despite half of HR professionals not feeling prepared to handle legislation changes, 62 percent believe it’s their primary responsibility. Almost one in five (18 percent) said it was their manager’s obligation and 9 percent believed the Board should be in charge of monitoring for change.

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November 8, 2016

UK cities now outperforming pre-crisis peak on key socio-economic indicators ⁰

by Neil Franklin • Cities, News

The majority of UK cities and Local Enterprise Partnership (LEP) areas are now outperforming their pre-financial crisis peak, according to the latest 2016 Good Growth for Cities index, produced by PwC and the think-tank, Demos. However, a number of cities that have previously scored highly terms of jobs, incomes and business start-ups are beginning to experience growing pressures on housing affordability, transportation and work-life balance. The report also warns that the elements of the Good Growth index could be impacted by Brexit, with housing, jobs and income potentially seeing the largest effects. However, it also points to post-Brexit opportunities including revised trade relations and regulations and the potential of new markets beyond the EU. Published today, the fifth annual Good Growth for Cities index measures the performance of 42 of the UK’s largest cities, England’s Local Enterprise Partnerships LEPs and the new Combined Authorities against a basket of categories defined by the public and business as key to local socio-economic success.

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November 4, 2016

Corporate responsibility now essential to attract and retain millennials ⁰

by Sara Bean • Flexible working, News, Workplace

Corporate social responsibility is no longer seen as more than a nice to have, with those working within the built environment for example, appreciating the role it has in reducing greenhouse gases. But it is also being increasingly seen as a positive way of attracting and engaging the right talent. Now according to a new survey carried out in the US, meaningful engagement around CSR is becoming a business – and bottom line – imperative, impacting a company’s ability to appeal to, retain and inspire Millennial talent. Three-quarters (76 percent) of Millennials consider a company’s social and environmental commitments when deciding where to work and nearly two-thirds (64 percent) won’t take a job if a potential employer doesn’t have strong corporate social responsibility (CSR) practices, according to the 2016 Cone Communications Millennial Employee Engagement Study. Because the millennial generation are the most likely to blend their personal and working lives, it’s more important to them than other generations to view their job as a way to make a positive impact on society, the study suggests.

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November 2, 2016

Calming office space and flexible hours best ways to combat workplace stress ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace, Workplace design

More flexible hours, a more caring attitude from management, a welcoming office design and space away from the desk to take a break are much more effective ways to reduce workplace stress than expensive office overhauls or the provision of mindfulness classes, a new survey claims. A study into the measures that help reduce stress conducted by Cascade HR, explored what workers feel bosses can do to reduce their stress levels, and found that introducing flexible working hours (47 percent), early finishes on Fridays (39 percent) and a caring, friendly management style (38 percent) would have the biggest impact. The research also revealed the physical aspects of the workplace which employees believe employers could change or introduce to improve their occupational mental health. In fact, the workplace being clean and tidy was the factor that workers felt could go the furthest to reducing their stress (35 percent), while almost 1 in 3 felt having music playing would help to keep their stress at bay; as would simply having a space away from desks in which to chill out (29 percent) or to eat (27 percent) during breaks.

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