Search Results for: financial

Majority of Brits struggle to make ends meet

Majority of Brits struggle to make ends meet

According to the latest survey from CV-Library, the majority of Brits admit that they struggle to make ends meet, but over half are still too scared to ask their employer for a pay rise. The study, which surveyed 2,000 British professionals, claims that 18-24 year-olds are the most likely to struggle financially; with 67.7 percent of respondents in this age group finding it hard to make ends meet. This is closely followed by 66.7 percent of 35-44 year-olds and 60.9 percent of 25-35 year-olds.

What’s more, the survey also suggests that 61.3 percent of Brits feel confident about securing a higher paid role elsewhere. Men were most confident about this (64.4 percent of men vs 57 percent of women), as were 25-34 year olds (65.5 percent) and 18-24 year olds (63.8 percent).

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Expectations at work are changing

Expectations at work are changing

New research from Aon, claims that 94 percent of employers believe their employees’ expectations of work experience are changing. In Aon’s Benefits and Trends Survey 2020, employers say their employees expect flexible working hours, the ability to work from home, better awareness and handling of mental health, better approaches to diversity and inclusion and better parental policies. A surprise in this year’s report is the strength of opinion on environmental and sustainability policies, coming in at the seventh most important expectation in its first year in the survey. Fifty-four percent of employers believe that employees want clarity and positivity on this subject.

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What is the evidence for the benefits of basic income?

What is the evidence for the benefits of basic income?

basic incomeThe idea of giving everybody something called basic income – an unconditional, regular income – has become increasingly popular in the last few years, partly because employment has become less secure and people fear that increasing automation may cause job losses across many sectors. (more…)

Flexible offices market in Central London continues to thrive

Flexible offices market in Central London continues to thrive

London flexible officesA new report from Office Freedom claims that Central London is enjoying continued growth in demand for flexible offices, with no sign of slowing. Flexible workspaces have seen a dramatic increase in recent years, with Central London seeing particular interest for flex spaces.  The London’s growing flex appeal report takes a detailed look at Central London flexible workspace trends. (more…)

UK workers are greener at home than in the workplace

UK workers are greener at home than in the workplace

greenerNearly half of UK workers admit to being greener at home than they are in the office, although more and more are realising the importance of green habits, research by Instant Offices has suggested. With the government committed to achieving net zero emissions by 2050, the workspace innovation company has been investigating what more employers can do to help to lead the way by instituting greener practices. (more…)

New EU AI strategy focuses on ethics

New EU AI strategy focuses on ethics

AIThe European Commission has put forward a strategy to promote the development of AI and robotics while putting people first and defending European values and rights. The strategy acknowledges that AI can open up new opportunities for businesses and bring solutions to challenges such as climate change. However, it aims to address the social, legal and ethical impact of new technology. (more…)

Firms doing too little to tackle employee data breaches

Firms doing too little to tackle employee data breaches

data breachesInsider data breaches are a major concern for 97 percent of IT leaders, according to new research. About three quarters believe that employees have put data at risk in the past 12 months accidentally (78 percent) or intentionally (75 percent). When asked about the implications of these breaches, more than two in five said financial damage would be the area of greatest impact. (more…)

Outer-city coworking cuts carbon and commuting

Outer-city coworking cuts carbon and commuting

coworkingEach flexible coworking space created in a smaller town or suburban area reduces carbon emissions by an average of 118 tonnes a year thanks to shorter commutes, an international study has claimed. By allowing people to work closer to home, one coworking space saves the employees based there a total of 7,416 commuting hours per annum on average, the research by independent economists commissioned by Regus says. This not only helps businesses to reduce their carbon footprint but can improve employees’ wellbeing and work-life balance. (more…)

No trade deal Brexit would cost UK £37bn in lost output by end of 2022

No trade deal Brexit would cost UK £37bn in lost output by end of 2022

UK GDP will be £37bn lower by the end 2022 if there is no trade deal with the EU by the end of this year than if trade talks continue beyond the government’s deadline, a report has claimed. The research by Oxford Economics (registration required) also predicts that financial markets would react negatively to a ‘no trade deal Brexit’, with sterling depreciating by 5 percent against the dollar in late 2020. It would drop around 3.5 percent against the euro, as the eurozone would also face reduced growth in this situation. (more…)

Watchdog raises concerns at councils` commercial property investments

Watchdog raises concerns at councils` commercial property investments

commercial property risksSome local authorities in England have invested significant public money in buying commercial property over the past three years with the aim of generating a financial return. Debt has increased for many of these authorities as a result, with a small group seeing significant increases in the amount they owe and the cost of repayment, according to the National Audit Office (NAO). (more…)

Workplace leaders must adapt to a new technological reality

Workplace leaders must adapt to a new technological reality

workplaceI speak with senior workplace leaders daily and those conversations, coupled with our research and that of other people, offer us a striking perspective on the trends and changing nature of the workplace and in particular the impact of technology. Some themes are cropping up time and time again in these conversations and research and point to a new technology-led reality that we must all address. (more…)

Employers face uphill battle to prevent presenteeism

Employers face uphill battle to prevent presenteeism

presenteeismOver the last 12 months, seven in 10 UK business leaders witnessed presenteeism, where someone come into the office when they are unwell, a survey has claimed. The issue is particularly prevalent at certain times of the year, recruitment firm Robert Half suggested, with 71 percent of respondents considering that presenteeism increases during the winter months when colds, flu and other respiratory illnesses are more common.
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