Search Results for: income

Bridging the gap between the reality and perception of engagement

Bridging the gap between the reality and perception of engagement

engagementOrganisations are currently operating against a backdrop of environmental, social, political and technological upheaval. Changes in the way people work, buy, communicate and live their lives abound while the communications narratives become ever more complex. The zeitgeist dictates how an organisation’s purpose and communications should match the growing expectations placed on it by its identity and need to address its engagement with staff and the outside world. (more…)

Uber workers cling to “precarious” existence

Uber workers cling to “precarious” existence

UberPolicy makers should resist claims by Uber that its drivers fall into a middle ground between traditional employees and independent contractors, a new study says. The research report, Profits Uber Everything?, by Rotterdam School of Management, Erasmus University, examines Uber’s argument that its drivers are “independent workers” who are, in some respects, like individuals working for others and in other respects are like independent businesses. The company is only trying to establish this new category to exonerate itself of any responsibility for the workers, the researchers claim. (more…)

Gig economy workers should not all have equal rights

Gig economy workers should not all have equal rights

gig economyPolicy makers should beware of classifying all gig economy workers as “employees”, a new research report has claimed. Such workers vary in age, income and education in a similar way to the traditional workforce and crafting regulations that treat both fully committed and occasional gig workers as one group is unlikely to be an efficient solution, the report from IZA World of Labor contends. (more…)

Firms swap overseas placements for short-term trips

Firms swap overseas placements for short-term trips

overseas placementMany companies are moving away from long-term overseas placements in favour of short-term transfers, a report has suggested. To reduce costs and meet changing business and worker needs, firms are shifting from typical transfers of one to three years to moves of around three to 12 months, KPMG International‘s latest Global Assignment Policies and Practices (GAPP) survey says. Although this shift allows organisations more flexibility, they must implement the necessary processes to remain compliant with immigration and tax rules, the report warns. (more…)

Forget flexible working, unpaid overtime is the new normal

Forget flexible working, unpaid overtime is the new normal

Standing out in a competitive job market isn’t always easy, so some employees may implement various tactics to be more noticeable, including working overtime. Working the occasional overtime shift might not seem like a big deal, but is it? (more…)

No financial incentive to tackle climate change for 90 percent of CEOs, study claims

No financial incentive to tackle climate change for 90 percent of CEOs, study claims

No incentive to tackle climate change?Fewer than 10 percent of UK CEOs have financial incentives in place to be environmentally friendly in their business practices and thus tackle the climate change emergency, according to new research from Vlerick Business School. In fact, the researchers found that only 6 per cent of UK CEOs have in their bonus a KPI focusing on the environment, and less than one per cent have long-term incentives focused on this area. (more…)

Migration adds billions to European economies, report claims

Migration adds billions to European economies, report claims

diversity in hiring can help firms address the skills gapA new study claims that the income from taxation and the benefits of welcoming an educated workforce in EU member states adds up to tens of billions of pounds. According to an analysis by Movinga, the UK gains the most in overall earnings over 10 years with around £20.5 billion, followed by Germany with £16 billion, and France with £10.5 billion. The report claims that the overall earnings and savings from highly skilled migration to the UK over a ten year period in the STEM, Education and Healthcare sectors could cover the annual expenditure of the UK Parliament 37 times over. The overall earnings and savings from highly skilled migration to the UK over a ten year period in the Healthcare sector alone is equivalent to the cost of 37,000 secondary care (emergency) hospital beds per year. (more…)

Half of self-employed people do not know what IR35 is

Half of self-employed people do not know what IR35 is

New research from FreeAgent conducted with 2000 self employed people in the UK, claims that more than half (57 percent) don’t know what IR35 is. The sets of tax legislation encompassed by IR35, designed to combat tax avoidance by workers and the firms hiring them, is unknown to over half of the people most affected by it – the self employed. The legislation, which has been heavily criticised by tax experts and the business community as being poorly conceived, badly implemented by HMRC and causing unnecessary costs and hardships for genuine small businesses, has not been well communicated to self employed people, the research reveals. Tax experts have predicted that IR35 could reduce a worker’s net income by up to 25 percent and Chancellor of the Exchequer, Sajid Javid, recently announced the Conservative Party’s plan to review IR35 as part of its manifesto. (more…)

Knight Frank and Work.Life launch flexible office platform

Knight Frank and Work.Life launch flexible office platform

flexible officeKnight Frank is the latest established property business to launch a flexible office offering. In partnership with flexible office provider Work.Life announce the launch of new flexible managed workspace solution, Yours. A joint venture between Knight Frank and Work.LifeYours claims to “partner with landlords to provide a comprehensive offer, incorporating a sales strategy that addresses both flexible and traditional market demand. The platform streamlines the design and delivery of resalable workspaces, and offers a suite of ongoing services and extras to businesses, including access to Work.Life’s network of coworking spaces and amenities.” (more…)

A side hustle the only way for many young people to make ends meet

A side hustle the only way for many young people to make ends meet

the growing art of the side hustleBritain’s graduate debt crisis means that nearly half of current students and recent graduates (42 percent) have taken up a so-called side hustle or joined the gig economy, in order to combat debt, afford rent and the rising cost of living. One in five (22 percent) also cited having two additional jobs, with the next generation of workers concerned about the overwhelming cost of living. (more…)

Young people mistakenly associate self-employment with more pay and leisure time

Young people mistakenly associate self-employment with more pay and leisure time

self-employmentStudents and school-leavers see self-employment as a route to a higher income, better work-life balance and more family time and so one in five 16 to 21 year olds think they will self-employed at some point, a new analysis from the Office for National Statistics shows. However, other studies from the UK government paint a different picture with people in self-employment generally earning less and working longer hours than their employed contemporaries, but often happy to forgo the certainties of paid work for greater flexibility and control. (more…)

Uber Works may not be as good for workers as it is for businesses

Uber Works may not be as good for workers as it is for businesses

<img src="https://counter.theconversation.com/content/125519/count.gif?distributor=republish-lightbox-advanced" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important" />Uber is still best known as a ride-hailing platform but it has been branching out into other industries. Food (Uber eats), electric scooters and bicycles (Jump), and now shift work with the launch of Uber Works. It is being trialled in Chicago, with plans to launch elsewhere soon, and enables casual workers such as cleaners, bar staff and warehouse workers to find work. (more…)