Search Results for: financial

London crowned the most desirable city in the world to work

London crowned the most desirable city in the world to work

LondonA new study on recruitment and workforce trends has crowned London as the world’s most desirable city to work in, with the UK capital holding onto the top spot, despite uncertainty around Brexit and the ongoing Covid-19 pandemic. (more…)

Two thirds of small businesses predict return to business as usual in 2021

Two thirds of small businesses predict return to business as usual in 2021

businessesThere is real optimism amongst small businesses owners that their businesses will return to pre-COVID normality by the end of the year, claims Tide. In a study conducted amongst small business leaders (of up to 50 employees), over two thirds (64 percent) agreed it was likely that with the successful vaccine roll-out their businesses could get back to normal before the end of 2021. (more…)

UK workers put in £24 billion worth of unpaid overtime during the pandemic

UK workers put in £24 billion worth of unpaid overtime during the pandemic

overtimeUK employers claimed £24 billion of free labour last year because of workers doing unpaid overtime, according to new analysis published by the TUC. More than three million people did unpaid overtime in 2020, putting in an average of 7.7 unpaid hours a week. On average, that’s equivalent to £7,300 a year of wages going unpaid for work done. (more…)

Employment intentions at their strongest in a year

Employment intentions at their strongest in a year

employmentUK employers are reporting their strongest employment intentions in a year, the latest CIPD/Adecco Labour Market Outlook claims. The survey’s net employment intentions figure, which measures the difference between the proportion of employers expecting to add jobs and those planning to cut positions, rose to +11 this quarter – its highest in a year. This compares to -1 in the previous quarter. (more…)

A new mindset on climate change is emerging from the pandemic

A new mindset on climate change is emerging from the pandemic

wellbeing and climate changeOf all the opportunities for positive change driven by the pandemic, the most important may be the least talked about. And that’s in spite of the fact that both workers and organisations as well as governments and other bodies around the world are aware and in favour of it and its consequences are most far reaching, affecting us all. It is, of course, the chance to do something significant about climate change and the environment. (more…)

Employees are bearing up, but nerves are frayed

Employees are bearing up, but nerves are frayed

employeesAccording to new data from  Glint, despite the odds, employees were happier at work at the end of 2020 than they were at the end of 2019, but feelings of burnout remain worryingly high. Looking at aggregated data from 9 million employee-engagement survey responses from companies around the world, Glint’s latest analysis claims that employee happiness at work rose 5.4 percent in December 2020, compared to December 2019. (more…)

Two million people in the UK have not worked for at least six months

Two million people in the UK have not worked for at least six months

Almost two million workers were unemployed or fully furloughed in January – and had been for at least six months – highlighting the scale of lasting damage to the UK’s labour force that will need to be addressed in the Budget, according to major new research published today by the Resolution Foundation. Long Covid in the labour market – supported by the Health Foundation – examines the state of the labour market during the current lockdown, the cumulative impact of the longer than expected crisis so far, and workers’ prospects for the months ahead as the economy starts to recover. (more…)

AI fosters a happier and more productive workforce, research claims

AI fosters a happier and more productive workforce, research claims

AIBusinesses using artificial intelligence (AI) solutions benefit from a happier and more efficient workforce, claims new research from Fountech Solutions. A survey of more than 750 decision-makers within UK businesses highlights the employee and organisational benefits of deploying artificial intelligence (AI) solutions. (more…)

More than half of UK workers planning to take on a side hustle

More than half of UK workers planning to take on a side hustle

workersOver half (54 percent) of UK workers say they are more open to taking on a side hustle or freelance work since the Covid-19 pandemic, according to new research from Fiverr. Over 2 in 5 (44 percent) agree they are more open to it, due to the flexibility that working from home has given them. (more…)

We must seize the chance to go full circle on sustainable office design

We must seize the chance to go full circle on sustainable office design

The circular economy is the ‘holy grail’. Few people would deny the ambition of keeping resources in use for as long as possible, extracting the maximum value from them, then recovering and regenerating products and materials at the end of each service life. Is this achievable within the furniture and furnishings sector? Many manufacturers and suppliers can justifiably boast impressive ‘green’ credentials, such as manufacturing techniques, the use of innovative and sustainable materials as well as recyclability of products. The production and supply of new furnishings doesn’t address, however, the short and longer term issues relating to sustainability. ‘Cradle to cradle’ is a great concept – but who is responsible? (more…)

The best places to live for work-life balance

The best places to live for work-life balance

work-life balanceAs Brits continue to spend an extensive amount of time at home, the importance of maintaining a good work-life balance has never been so vital. For their 2021 Work-Life Balance Index, money.co.uk have delved through ONS data to uncover where in Britain is best situated for its residents to achieve a good work-life balance. (more…)

Mental health related workplace absenteeism costs soared to £14bn in 2020

Mental health related workplace absenteeism costs soared to £14bn in 2020

mental healthThe impact of the nation’s deteriorating mental health from Covid-19 lockdowns and other restrictions cost UK businesses £14bn last year, according to a study by Westfield Health. The cost of absenteeism from work due to mental health reasons increased last year by £1.3bn from 2019’s totals as work from home, travel restrictions, furlough and pay cuts changed the workplace for millions of people across the UK. (more…)