May 2, 2022

Why the over 50s are leaving the workforce in huge numbers

by Carlos Carillo-Tudela et al • Features, Wellbeing, Workplace

The UK economy has a problem with its over 50s: following the COVID pandemic, they have been leaving the labour force en masse, causing headaches for businesses and the government. Roughly 300,000 more workers aged between 50 and 65 are now “economically inactive” than before the pandemic, leading a tabloid paper to dub the problem the “silver exodus”. Being economically inactive means that these older workers are neither employed nor looking for a job. Of course, it could simply be that workers saved more during the pandemic and can now afford to retire in comfort earlier than planned. More →

January 23, 2020

Mental health challenges cost employers £45 billion each year

by Neil Franklin • News, Wellbeing

A new report from Deloitte claims that poor mental health costs UK employers up to £45 billion each year. This is a rise of 16 percent since 2016 – an extra £6 billion a year. The research also looks at how employers can tackle this problem, finding that it pays to support employees’ mental wellbeing. On average, for every £1 spent on supporting their people’s mental health, employers get £5 back on their investment in reduced presenteeism, absenteeism and staff turnover. More →

April 18, 2019

Stress in legal profession widely misunderstood, research paper claims

by Neil Franklin • News, Wellbeing

The latest Bellwether research paper titled, ‘Stress in the Legal Profession: Problematic or Inevitable’, published by LexisNexis UK claims that stress is an endemic issue in the legal profession with two thirds of respondents currently experiencing high levels of stress despite the confident ‘business as usual’ industry outlook. Almost 1 in 4 solicitors feel that more could be done to support them in the workplace although 4 in 5 report high levels of job satisfaction and 5 out of 10 consider they have a positive state of mind.

December 7, 2016

Business as usual for recruitment and retention in post-Brexit Britain … for now ⁰

by Oliver Watson • Comment, Flexible working, Legal news, Workplace

On 24 June 2016 Britain voted for Brexit. The shock (and narrow) victory caused country-wide concern among the 48 percent of the voting public that favoured remain – apprehension seemingly justified by the immediate weakening of the pound, Cameron’s resignation and the start of ongoing political in-fighting. Speculation over job losses and potential hiring freezes added to a general sense of uncertainty, leaving some UK workers fearing their job security. Since then however, recruitment experts have somewhat softened their predictions for the UK job market as recent reports of month-on-month vacancy growth and record high employment rates have served to inspire confidence. Five months on, how has job applicant sentiment changed in the UK since the EU referendum vote? And what does this mean for businesses hiring in post-Brexit vote Britain? As part of our ongoing tracking of candidate confidence levels in the job market and their career prospects we analysed the responses of almost 28,000 job applicants across the UK and Republic of Ireland – from all ages, experiences and sector disciplines – to gauge how perspectives might have changed pre- and post-Brexit.

October 28, 2016

Toxic culture at work a leading grievance for unhappy staff ⁰

by Sara Bean • Flexible working, News, Workplace

Nearly a third of UK workers (30 percent) would not describe themselves as happy at work and would move jobs for better benefits and a more pleasant workplace culture, a new survey claims. The report by Perkbox finds that the power of ‘Thank You’ in business is an overlooked and often underestimated resource, yet its influence to elevate moods, increase engagement and uplift productivity is profound. Over two thirds (69 percent) of UK workers polled rate company perks and benefits as important to their overall satisfaction and more than a quarter (26 percent) rate lack of reward and recognition for good work as their number one grievance at work. Yet over half (53 percent) of UK companies do not formally recognise outstanding employees on a regular basis, while 44 percent believe that rewards and recognition are either very or extremely relevant to their business. UK workers also reported that a toxic negative culture at work was their biggest grievance (cited by 21 percent of respondents) while 17 percent highlighted micro management and 15 percent said long hours. In London, nearly half (48 percent) of workers would be likely to switch to a job that offered better benefits and overall women are more likely than men to consider work/life balance an important factor in switching jobs (41 percent vs 35 percent).

January 26, 2016

Unethical employment practices drive ‘Gen S’ professionals away ⁰

by Sara Bean • Environment, Facilities management, News, Workplace

Over half of ‘Gen S’ workers would refuse to work for employers who have a record of using slave labour, generating high levels of pollution, employing unsafe working conditions, poor environmental performance, questionable investments and unethical practices. According to the Institute of Environmental Management & Assessment’s (IEMA) annual Practitioner Survey these people see environmental roles as the career change of choice, with 42 percent of professionals who now work in these roles considering themselves “career changers”. Those entering the profession come from a variety of backgrounds including finance, operations, marketing and communications and R&D. Gen S workers are typically people in their mid-thirties, above average in their qualifications with 45 percent having a Master’s degree or doctorate, looking for more than just a career and earning money, but actively seeking a career which is primarily “ethical” in nature.

August 27, 2013

Employee engagement, not fear, behind the fall in staff turnover

by Sara Bean • Facilities management, Legal news, News, Workplace

Explanations for a marked fall in employee turnover have largely attributed it to the recession, which, it’s been suggested, has led cautious employees to prefer to stay put in a secure position, rather than risk losing their place in an uncertain job market. However new data published today from the CIPD’s Megatrends research project suggests a more positive picture. The proportion of workers leaving their employer at any given time fell by over two fifths between 1998 and 2012, long before the downturn took hold. And the good news for those concerned with improving the quality of the workplace environment is that increased job satisfaction and improved levels of employee engagement could play a significant role.. More →