Search Results for: finance

Designing your employee financial wellness program

Designing your employee financial wellness program

For a lot of employers, the idea of an employee financial wellness program can be something of an afterthought. That is, beyond providing fair pay and a clear policy regarding taxation and benefits, it can seem unnecessary to take any other action regarding employee finances. What’s becoming more and more apparent, however, is that employers do need to take a more active approach toward implementing employee financial wellness programs. (more…)

Workers give over one thousand unpaid hours overtime a year to their employers

Workers give over one thousand unpaid hours overtime a year to their employers

OvertimeMillions of Brits give up more than a month of time each year by working additional unpaid hours, totalling five years overtime in their working life, according to new research by Hitachi Personal Finance. In a poll conducted for this year’s National Work Life Week, data suggests how much time Brits are spending working past their contracted hours and what else the nation could be doing with this time. (more…)

COVID-19 driving top talent migration to rural parts of UK

COVID-19 driving top talent migration to rural parts of UK

migrationOver half (52 percent) of UK workers think we will see a “reverse brain drain” of talent migration away from big cities like London and Manchester towards regional areas as a result of COVID-19, according to latest research from the Adecco Group UK and Ireland. (more…)

Everybody needs to be prepared for a new digital workplace

Everybody needs to be prepared for a new digital workplace

digital workplaceGraduates today are largely considered to be the ‘net generation’. Growing up whilst social media accelerated, their years in higher education have been synonymous with digital literacy, even before COVID-19 turned their studies entirely virtual. This monumental move into a digital workplace also echoed throughout the job market. As offices closed in Spring and millions were furloughed across hospitality, retail and travel, demand spiked by 36 percent for roles advertised in the digital tech sector. (more…)

Work-life balance suffers for millions, as remote working increases

Work-life balance suffers for millions, as remote working increases

work-life balanceA new report from Dynata, a data and insights company, raises global concerns about the economy, and a “down but not out” resilience across the UK. The report claims that we are now a nation of home workers (as opposed to shopkeepers), juggling a work-life balance as the end of furlough approaches, and many predict a steep rise in redundancies. Dynata’s Global Trends Report: The Economy Edition surveyed over 9000 people across 9 countries globally, including over 1,000 respondents from the UK. (more…)

An unexpected partnership: How tech and business leaders can learn from each other

An unexpected partnership: How tech and business leaders can learn from each other

One of the biggest issues across technology industries over the last few years has been the failure of business teams, who design and manage processes, to partner effectively with their tech teams to deliver and understand the technology needed to support the business’ vision. (more…)

New support for employees experiencing domestic abuse

New support for employees experiencing domestic abuse

Following a surge in calls from individuals to domestic abuse helplines during lockdown, the CIPD and EHRC have published new guidance for employers, setting out how to recognise and support staff experiencing domestic abuse. A CIPD survey of UK employees claims that just under a quarter (24 percent) are aware of their employer having a policy or support in place on domestic abuse. (more…)

Nature positive cities have potential to transform the world

Nature positive cities have potential to transform the world

COVID-19 recovery packages that include infrastructure development will influence the relationship between cities, humans and nature for the next 30 to 50 years. With the built environment home to half the world’s population and making up 40 percent of global GDP, cities are an engine of global growth and crucial to the economic recovery. (more…)

The value of tech and talent investment through COVID-19

The value of tech and talent investment through COVID-19

Covid-19For middle-market and small businesses, the COVID-19 pandemic is highlighting the vital importance of investing in new technology, facilitating remote work, and maintaining the tech-savvy workforce needed to make it all happen, according to a survey conducted by The Harris Poll for CIT Group Inc. (NYSE: CIT). (more…)

Remote work and the coming race to the bottom

Remote work and the coming race to the bottom

One of the most significant consequences of the 2008 economic crash was a remarkable shift in the nature of employment. The recession led to a surge in the number of people categorised as self-employed. The numbers have been increasing ever since, albeit at a more stable rate. By the end of 2019, the number of self-employed people in the UK exceeded five million people for the first time. That’s fifteen percent of the workforce. (more…)

German trial of universal basic income set to begin

German trial of universal basic income set to begin

A new trial of universal basic income and its effects on people’s wellbeing, work and wealth is set to start next year in Germany. The study will see 120 people receive €1,200 each month for three years, and researchers will compare their experiences with another group of 1,380 people who will not receive the payments. (more…)

US workers under lockdown three times more likely to report mental health issues

US workers under lockdown three times more likely to report mental health issues

According to a recent survey of more than 1,500 US based respondents, workers are now three times more likely to report poor mental health than they were before the pandemic. The study also claims that seventy-five percent of people have experienced burnout at work, with 40 percent saying they’ve experienced burnout during the pandemic specifically. The report suggests that this is not surprising, given that 37 percent of employed respondents are currently working longer hours than usual since the pandemic started. (more…)