March 2, 2021
Search Results for: furlough
March 2, 2021
Two thirds of small businesses predict return to business as usual in 2021
by Jayne Smith • Business, News
There 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 →
February 26, 2021
UK workers put in £24 billion worth of unpaid overtime during the pandemic
by Jayne Smith • News, Working lives
UK 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 →
February 22, 2021
Employment intentions at their strongest in a year
by Jayne Smith • Business, News
UK 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 →
February 18, 2021
Two million people in the UK have not worked for at least six months
by Neil Franklin • Business, News
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 →
February 18, 2021
Self-employed workers and side hustlers to drive the UK’s economic recovery
by Jayne Smith • Business, News
Research released by Mettle and YouGov estimates that the UK’s growing self-employed and side hustler movement will contribute an estimated £125 billion in turnover to the UK’s economic recovery in 2021. Furthermore, small and medium-sized businesses (with 1-49 employees) are estimated to contribute approximately £310.46 billion. More →
February 17, 2021
New social enterprise aims to bring work back to unemployed people with disabilities
by Freddie Steele • Company news
Two and a half million Brits are expected to be unemployed this year after the fall out of the pandemic. A concern for many has been how disabled people will fare with the aftermath. The unemployment rate for people with disabilities is more than twice those who are able bodied. More →
February 12, 2021
Mental health related workplace absenteeism costs soared to £14bn in 2020
by Jayne Smith • Business, News, Wellbeing
The 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 →
February 3, 2021
COVID-19 is having an unequal impact on the mental health of workers
by Brendan Street • Comment, Wellbeing
When the COVID-19 crisis hit the UK in March 2020, many commented that the virus didn’t discriminate and that its impact would be felt equally by everyone. However, as highlighted in Nuffield Health’s recent whitepaper, the mental health impact of the virus – rising from financial worries, anxiety around health and the direct impact of COVID-19 – has hit some groups harder than others. More →
February 2, 2021
Staff mental health identified as key challenge in 2021
by Jayne Smith • News, Wellbeing, Working culture
As a new year comes into view, many SMEs in the UK are concerned about the mental health of their staff as much as their ability to drive revenue, new research claims. The new survey conducted by Hiscox, asked 1,000 SME business decision-makers from across the UK about their experiences during 2020 and their subsequent outlook into 2021. More →
January 28, 2021
Half of employees ‘just going through the motions’ as redundancies hit morale
by Jayne Smith • News, Wellbeing, Working lives
Mass redundancies across the UK are having a huge impact on the discretionary effort employees are willing to undertake on behalf of their employer, according to research from career transition firm Randstad Risesmart UK. More →
February 4, 2021
When business leaders open up about mental health, we all benefit
by Richard Goold • Comment, Wellbeing