Search Results for: financial

Black and other minority workers more likely to be in insecure work, claims TUC

Black and other minority workers more likely to be in insecure work, claims TUC

Black and minority ethnic workers are far more likely to be trapped in temporary and insecure work, according to a new TUC analysis published to mark the start of its annual Black Workers Conference. The analysis claims  to show how BME workers are faring worse than white workers in the jobs market. (more…)

Manchester is the number one tech location outside of London

Manchester is the number one tech location outside of London

Neo Manchester hosts a number of tech businessesThe UK’s regional cities are competing harder than ever with London to become the location of choice for the tech sector. According to CBRE’s report ‘Tech Cities:  Exploring tech hotspots in the UK regions’ Manchester ranks number one amongst the top 10 UK tech location outside of London, but Scotland features highly with Glasgow and Edinburgh in second and third position respectively. Birmingham has risen three places, from seventh to fourth position but smaller conurbations such as such as Reading, Oxford, Cambridge, Southampton, Brighton and Bracknell also feature, based on their concentrations of tech employment, tech businesses and high education levels. More cities are competing for the very top spots in the ranking

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Signs that somebody is about to quit are there nine months in advance

Signs that somebody is about to quit are there nine months in advance

The first signs that an employee is considering quitting appear clearly nine months before they actually depart, with declining loyalty as a key indicator, claims a study called The 9-month warning: understanding why people quit—before it’s too late (registration) from Peakon. Based on more than 33 million employee survey responses across 125 countries, the study also claims that the key factors that drive a person to quit include unchallenging work, the inability to discuss pay and no clear path for career/personal growth. In most cases, people quit because of poor managers, not because of colleagues or company culture, the study suggests. (more…)

Navigating organisations through digital transformation

Navigating organisations through digital transformation

It’s hard to escape the digital disruption that is reshaping not only the world we live in, but the fundamental way that businesses operate. Greater levels of data exchange and automation are creating new layers of innovation, shifting functional workflows to agile systems. And to prosper in this upheaval, leaders must look at how they can support their company’s ability to adapt and identify new opportunities to embrace these changes.

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Overhaul of shared parental leave is already overdue, claims TUC

Overhaul of shared parental leave is already overdue, claims TUC

Father and son walk on beach showing need for shared parental leaveThe TUC is calling for an overhaul of shared parental leave legislation just four years after its introduction. Last year only 9,200 new parents took shared parental leave – just 1 percent of those eligible to do so. The TUC believes take-up is low because the scheme is so low-paid (£145.18 per week) making it unaffordable for most fathers. It claims that large numbers of dads in insecure work, such as agency workers and those on zero-hours contracts, are not eligible for it. And currently men and women who are self-employed don’t get any shared leave rights at all. (more…)

London, Paris and Stockholm lead ranks of European coworking hotspots

London, Paris and Stockholm lead ranks of European coworking hotspots

Epicenter Coworking Space in StockholmLondon, Paris and Stockholm are among the major cities featured in a new research report from Cushman & Wakefield (registration) into the coworking and flexible office sectors, which pinpoints future demand and the next likely growth hotspots across Europe. According to the report, coworking’s rapid expansion in recent years has quickly disrupted global office markets. The report charts the current state of the sector, the emergence of flexible working space across continental Europe and where future growth will occur. (more…)

Procurement fraud rampant in UK businesses

Procurement fraud rampant in UK businesses

smartphone with procurement appProcurement fraud is widespread in the UK and the country lags behind many countries in its detection capabilities, new research from SAS claims. British companies, on average, lose significantly more money to procurement fraud, and the country is far more reliant on ineffective manual detection techniques than other nations.Procurement fraud occurs when employees and suppliers behave fraudulently during the contract bidding process or over the course of the contract. This can range from employees colluding with their preferred vendor to give unfair advantage during procurement, to suppliers submitting multiple invoices for a single item. While procurement fraud is a serious crime that carries a jail sentence in many countries, perpetrators are often willing to take the risk for personal revenge or financial gain. (more…)

Need for employee resilience heightened in a time of constant change

Need for employee resilience heightened in a time of constant change

Challenges facing UK businesses in the next five years have heightened the need for employee resilience, according to new research from recruitment specialist Robert Half UK. As businesses adapt to an ongoing period of change, more than nine in 10 (94 percent) CFOs think developing resilience amongst their employees will be important over the next two to five years, with 43 percent citing this as very important. This is critical to almost all (97 percent) CFOs from London-based businesses – the UK’s financial hub. (more…)

Millions more people say they would like to work as freelancers

Millions more people say they would like to work as freelancers

gig workerThe so-called gig economy is likely to increase dramatically over the next few years, new research suggests. Along with over 8 million people who currently work on a freelance basis, over 5 million more say they would like to go freelance. The data collated by Direct Line for Business claims that 5.3 million people (10 per cent) dream of becoming their own boss in the future, by embracing a career as a freelancer. This is in addition to the 8.6 million (16 per cent) who currently freelance and are either full time self-employed or carry out contract work alongside their main jobs.

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London office market saw more investment than any other global city in 2018

London office market saw more investment than any other global city in 2018

London office market saw more investment than any other global city in 2018Alongside the uncertainty surrounding Brexit there have been many predictions that London will be particularly hard-hit by the economic fallout. However, a new analysis by savoystewart.co.uk of Knight Frank’s The London Report 2019 proposes London will continue to attract the interest of occupiers and investors alike. The research suggests that London saw greater volumes of commercial real estate investment than any other global city in 2018 – with over £16 billion of transactions. (more…)

New centre will assess potential for bias in algorithmic decision-making

New centre will assess potential for bias in algorithmic decision-making

The potential for bias in the use of algorithms in crime and justice, financial services, recruitment and local government will be investigated by the UK government’s new Centre for Data Ethics and Innovation (CDEI). The CDEI will explore the potential for bias in existing systems and to support fairer decision-making. This may include increasing opportunities for those in the job market in existing recruitment and financial services systems. It will also explore opportunities to boost innovation in the digital economy. (more…)

Interiors are not enough to win the war for talent

Interiors are not enough to win the war for talent

I often refer to Google and Facebook in my blog, due to their influence on workplace design. Many consider them to be workplace interior’s holy grail. But today’s big employers are competing with one another on a much broader set of principles. Cool interiors alone just won’t cut it. Zürich, like many European cities is home to a large number of global brands, with bustling financial services and tech sectors. I regularly hear of people with multiple job offers taking a job with a lower salary, rather than accepting a role in a company that doesn’t reflect their ideals. This decision can be influenced by office design and facilities, career development options, corporate culture and much more. (more…)