Search Results for: labour market

Over 65s will drive half of all jobs growth in coming decade

Over 65s will drive half of all jobs growth in coming decade

New projections from Rest Less, a jobs, volunteering and advice site for the over 50s, claims that workers aged 65 and over are likely to be responsible for at least 50 per cent of all UK employment growth in the next 10 years. The analysis, based on population projections from the Office of National Statistics, makes an assumption that the current employment rate of each age group will remain static, and suggests that with population changes alone, the over 65s are likely to be responsible for 52 per cent of all the UK’s employment growth in the next 10 years, 57 per cent in the next 20 years and as much as 62 per cent by 2060. (more…)

Tech trends to watch that will disrupt 2020 and beyond

Tech trends to watch that will disrupt 2020 and beyond

An eye on tech trendsThe next decade promises to offer both incredible opportunity and challenge for all of us. Technologies like artificial intelligence will no longer be considered new but will instead be at the heart of some huge disruptive changes that will run right through our society. In particular, AI will start to enable the automation of many things that were previously deemed too complex or even too “human”. We’ll see these changes and tech trends at work – traditional professions like accountancy, lawyers and others will over time, see significant portions of what they do be taken over by virtual robots. Vocations such as lorry drivers, taxi drivers and even chefs may disappear as machines are introduced to perform the same function but with more consistent results and less risk. (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…)

Migration of flexible offices to contribute £12 billion to local economies

Migration of flexible offices to contribute £12 billion to local economies

flexible offices in BirminghamThe increasing migration of flexible offices to the outskirts of major UK cities is creating a ‘flex economy’ that could contribute more than £12 billion to local economies in the next decade. That’s according to the first comprehensive socio-economic study of second-city and suburban workspaces. The analysis, conducted by economists on behalf of Regus, claims that as Brexit uncertainty continues to impact the economic landscape, individual flexible workspaces in suburban areas could be a welcome lifeline for local economies.

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Over half of employers are ignorant of the Good Work Plan

Over half of employers are ignorant of the Good Work Plan

good workIn five months’ time, employers will have to adhere to new employment laws proposed in the government’s Good Work Plan. However, the majority of UK businesses are completely unaware that these laws are due to come into effect. A survey by Citation, conducted via OnePoll, has found that 59 percent of British employers do not even know about the Good Work Plan, which proposes a variety of law changes that will come into effect in April 2020. (more…)

HR leaders feel unprepared for the future of work

HR leaders feel unprepared for the future of work

Gartner and the future of workOnly 9 percent of chief human resources officers (CHROs) agree that their organisation is prepared for the future of work, according to a new report from Gartner. The study ties in to Gartner Gartner ReimagineHR conference, which took place last week. It concludes that to address the needs of organisations and workers in the future, HR leaders must focus on five areas of work. It suggests that tackling the future of work should not mean looking at the various changing aspects of work, such as AI, the gig economy and the multigenerational workforce, in silos. Istead, HR leaders should focus on the big picture of what the future of work can and should look like in their organisation. (more…)

The workplace of the future and its tech must work for the good of society

The workplace of the future and its tech must work for the good of society

Effects of diversity and inclusion training remain unclear

Effects of diversity and inclusion training remain unclear

diversity

This week the CIPD and Westminster Business School launched their new report: Diversity management that works: an evidence based review. At a launch event at the EY offices in Canary Wharf, academics and people practitioners convened to discuss the reports findings. They also explored what it means for practice. The research maps out the current evidence on the types of diversity interventions in organisations. It analyses recent scientific evidence and exploring what works. This was then tested with practitioners and professionals who regularly work on diversity and inclusion (D&I) practices within organisations. (more…)

Business rates and employment costs for small firms need overhaul

Business rates and employment costs for small firms need overhaul

The Federation of Small Businesses (FSB) is calling on the Chancellor Sajid Javid to bring forward radical interventions to address an unprecedented long-term slump in small business confidence, slowing economic growth and a widening trade deficit when he publishes the 2019 Autumn Budget on 6 November. In a letter to the Chancellor, the group calls for a major reduction in business rates bills for small firms, as thousands struggle to stay afloat amid spiralling operating costs. (more…)

Young people struggle to find secure and meaningful work

Young people struggle to find secure and meaningful work

young people struggle to find meaningful workThe Institute for Employment Studies (IES) has published new research exploring young people’s experiences of work and the implications for their future health. Many of the issues raised are common across all age groups, but the report argues that they can be especially pronounced and harmful for younger people as they set about finding meaningful work that is also secure and well paid.

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Gender equality progress remains slow in EU, report claims

Gender equality progress remains slow in EU, report claims

gender equalityThe EU continues its snail’s pace when it comes to gender equality progress, according to the latest Gender Equality Index from the European Institute for Gender Equality (EIGE) shows that the EU’s score for gender equality is up just one point to 67.4, since the 2017 edition. Sweden continues to top the EU scoreboard, with 83.6 points, followed by Denmark with 77.5. Greece and Hungary have the most ground to make up, with both scoring less than 52. The biggest improver is Portugal, with an increase of 3.9 points, followed closely by Estonia with 3.1 points. (more…)

Companies should publish their flexible working policies 

Companies should publish their flexible working policies 

flexible working and family lifeNew figures from work-life balance charity Working Families suggests that both parents/carers and best-practice employers alike are overwhelmingly in favour of greater transparency around companies’ flexible working and family-related leave and pay policies. Over 700 parents and carers and 74 Working Families employer members were surveyed.

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