Search Results for: income

People would take a pay cut in exchange for flexible working

People would take a pay cut in exchange for flexible working

Almost half of UK workers would take a 20 percent pay cut if it meant they could spend more time at home with their families, according to new research from www.Hillarys.co.uk.  Over 2,000 workers were asked if they were happy with their work-life balance and almost two thirds (64 percent) stated they were not and would like some form of flexible working to help them. More →

Employers still not doing enough to support working parents

Employers still not doing enough to support working parents

Working Families and Bright Horizons have launched a new report which focuses on flexible working and the reality of flexible jobs from the perspective of working parents in the UK. According to the report, the experience of parents shows that flexible working is widespread, although patchy in some sectors and for some workers. It is beneficial in helping parents get a better work life fit, although it is not a panacea. Issues around job design, workloads and organisational culture undermine some of the benefits of flexibility, and proper management of flexibility to ensure it works is, for many parents, missing. More →

Governments must do more to prepare people for the future of work

Governments must do more to prepare people for the future of work

Governments need to overhaul their approach to employment and jobs to reduce further social and economic tensions, according to a new report from the OECD which explores the future of work. Without rapid action, many people, particularly the low skilled, will be left behind in the fast-changing world of work. The OECD Employment Outlook 2019 is part of the OECD’s Future of Work initiative and the “I am the Future of Work” campaign, which aims to make the future of work better for all, helping to transform learning and social protection systems and reduce inequalities between people and across regions.

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Emerging megacities will outperform developed megacities by 2025

As urban world is moving towards the developing world, GlobalData, a data and analytics company, forecasts that 88 percent of the world megacities will be based in the developing economies of Asia, Europe & Central Asia, Latin America and Middle East & Africa by 2025. Out of 44 megacities in the developing world, GlobalData has identified 26 that will outperform developed cities by 2025. The company forecasts that the share of emerging cities to the world’s gross domestic product (GDP) will increase from 7.2 percent in 2018 to 8.3 percent in 2025 while the share of developed cities to the world GDP will decline from 8.1 percent to 6.8 percent during the period.

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Is there a global lack of support for mental health?

Is there a global lack of support for mental health?

Employers need to be mindful of the significant differences globally in how mental health is viewed and treated, when it comes to managing an international workforce, according to The Health Insurance Group. Disparities in both attitudes to, and treatment of, mental ill-health could make the difference between an international post succeeding or failing, if not understood and managed effectively. More →

Personal financial worries are increasing workplace stress

Personal financial worries are increasing workplace stress

financial stressEmployers need to understand more about the impact of personal financial worries on workplace mental health, but are struggling to agree best practice standards to address the issue, new research from MetLife UK claims. More than six out of 10 (61 percent) senior HR executives have seen a rise in financial wellbeing issues affecting employee mental health and work performance, the nationwide study from MetLife UK suggests. More →

The ladder of life, the death of work, the cane toad of property and some other stuff

The ladder of life, the death of work, the cane toad of property and some other stuff

A large and colourful team of people work together to create a human towerWe start with a question. Why hasn’t the gig economy killed traditional work?, asks Greg Rosalsky and goes on to explain what many people have now realised. The answer, as Greg points out, is that the gig economy doesn’t replace traditional work, never has, and the rise of casual work of this kind has primarily been a way for people to deal with a volatile labour market and shrinking real incomes. Offer them the choice of a decent monthly income, benefits and a contract and most of them will take you up on it.

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Against metrics: how measuring performance by numbers backfires

Against metrics: how measuring performance by numbers backfires

A still from Jacques Tati's film playtime as the protagonist looks out over cubicles in an officeMore and more companies, government agencies, educational institutions and philanthropic organisations are today in the grip of a new phenomenon. I’ve termed it ‘metric fixation’. The key components of metric fixation are the belief that it is possible – and desirable – to replace professional judgment (acquired through personal experience and talent) with numerical indicators of comparative performance based upon standardised data (metrics); and that the best way to motivate people within these organisations is by attaching rewards and penalties to their measured performance. 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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Third of UK employees work way outside contracted hours

Third of UK employees work way outside contracted hours

Third of UK employees work way outside contracted hours

Over 35 percent of employees regularly arrive at work early or stay late, and that younger people are more likely to work longer hours than their older colleagues. The study, conducted by Love Energy Savings discovered that 8 percent of British employees work a staggering 20 hours or more each week than their contracted hours. Of those surveyed, over 40 percent of 18 to 24-year-old employees admit to working more than their contracted hours, a higher number than any other age group; 10 percent of 25 to 34-year-olds admitted to working over 20 hours of overtime per week.

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The future of work will be defined by four models, claims RSA

The future of work will be defined by four models, claims RSA

The RSA’s Future Work Centre has released research that models four ‘futures of work’ by 2035 – and claims to show how out of touch politicians are with changes in the workplace. The report, published in partnership with Arup, claims to avoid the usual sensationalism around topics such as automation, the Internet of Things, surveillance, gig work and AI to establish what workers can expect in the workplace in the near future. The report applies morphological analysis  to generate its four models of work.

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People often feel as if they are kept in the dark about flexible working

People often feel as if they are kept in the dark about flexible working

New research from LinkedIn (registration) claims that a third (36 percent) of UK professionals believe their employer does not do enough to support new parents. The release of the figures comes as LinkedIn claims that 18th March was the day that working families only just start getting paid for the year, once growing childcare costs are taken into account. The survey of 4,000 UK workers suggests that professionals feel they are being left in the dark when it comes to parental policies, with a third (37 percent) not even aware of what support their workplace provides for new parents. More →