Search Results for: labour market

September 1, 2015

Government announces plans to improve national levels of fair pay ⁰

by Sara Bean • Legal news, News, Workplace

A package of measures designed to improve levels of fair pay have been announced by the Government today; including doubling the penalties for non-payment of the National Minimum Wage and the new National Living Wage; increasing the enforcement budget and setting up a new team in HMRC to take forward criminal prosecutions for those who deliberately do not comply. A new team of compliance officers in HMRC will investigate the most serious cases of employers not paying the National Minimum Wage and National Living Wage when it is introduced in April 2016. This team will have the power to use all available sanctions, including penalties, prosecutions and naming and shaming the most exploitative employers. Employers who fail to pay staff at least the minimum wage they are legally entitled to will have to pay double what they do now.

August 4, 2015

Employers must support older workers with chronic ill health ⁰

by Sara Bean • Legal news, News, Wellbeing, Workplace

As a recent profile in the Guardian Magazine of workers in their 70s, 80s and 90s illustrated, people who work well into old age are still viewed as remarkable. Yet by 2020, a third of the UK’s workforce will be more than 50 years old. Following the scrapping of the Default Retirement Age, more than 1.4m people in the UK are working after state retirement age, of whom around 300,000 are aged over 70. Now the Health at Work Policy Unit of Lancaster University’s Work Foundation has issued a White Paper, ‘Living Long, Working Well: Supporting older workers with health conditions to remain active at work’, which warns that 42 per cent of over 50s have often manageable chronic illnesses that – if left unsupported by employers, could undermine their productivity, increase their absence from work or even force them out of work altogether.

July 8, 2015

Productivity starts with people, advises CIPD ahead of today’s Budget

by Sara Bean • Flexible working, News, Workplace

Investing in people’s development and offering flexible working practices can help organisations boost productivity. This is according to research by the CIPD published ahead of today’s budget, which the Chancellor has said will put the emphasis on improving UK productivity. The report: Productivity: Getting the Best out of People, explores the factors that help to explain why some businesses have higher productivity than others and finds that there are clear links between productivity and how people are managed at work. The report finds that performance tends to be higher in businesses where there is a focus on higher quality products or services rather than only on low cost and where workplace culture is clearly aligned with the future direction of the business. Investment in workforce training and an intelligent approach to the implementation of ‘smart’ or agile working practices also has a positive impact.

March 16, 2015

Multi generational workplace could boost economy by £25 billion

by Mark Eltringham • Flexible working, Legal news, News, Workplace

The Government has published a new report which describes the challenges faced by the UK’s over 50s in the workplace and sets out ways in which more of them can stay or move into work. The report is the culmination of eight months’ work by a team led by the Government’s ‘ageism tsar’ Ros Altmann and highlights why action is needed based primarily on the twin issues of demographic change and increasing life expectancy. The report, Retain, Retrain, Recruit, recommends action that would help older workers thrive and ensure individuals, industry and the economy can reap the financial and social benefits of a multi generational workplace. The report outlines how businesses could recruit more older workers, retrain existing staff and provide greater flexibility to retain them as well as setting out measures that should be taken to reflect the multi generational workforce in the media and policy making.

March 9, 2015

Men and women have differing views on equal pay and opportunities

by Mark Eltringham • Legal news, News, Workplace

Men and women have differing views on the pay and career opportunities available to female employees in the workplace, according to a report published today by recruitment firm Hays. The report is based on a study of 6,000 employees which found that just under half (45 percent) of women think that equally qualified and capable male and female colleagues are not paid the same compared to around 20 percent of men. The survey also produced an almost identical result when respondents were asked whether the same career opportunities were available to both sexes, with 21 percent of men and 48 percent of women claiming that both genders enjoyed the same opportunities. Overall both sexes agree that quotas are not the best solution to any mismatch with just 9 percent agreeing that they would have a major impact.

March 5, 2015

Majority of UK workers concerned about their ability to retire

by Mark Eltringham • Legal news, News, Workplace

A new report from the Chartered Institute of Personnel and Development claims that the majority of UK workers are concerned that their current pension arrangements won’t allow them to retire. It found that the average employee pension contribution to a workplace-defined contribution pension scheme is currently 5 percent, but most employees think they should be saving almost double that (9 percent). Four in ten (43 percent) think they should be contributing more than 10 percent of their salary to their retirement savings and almost a quarter (22 percent) admitted they didn’t know how much they should be contributing. The shortfall between what employees are paying in and what they think they should be paying is highlighted by the fact that over half of UK workers have considered how they might work past state pension age and one in ten people (13 percent) are worried that they will never be able to afford to leave paid employment.

March 5, 2015

People with mental-health issues should be helped to stay at work, says OECD

by Sara Bean • News, Wellbeing, Workplace

Around 30 percent to 40 percent of all sickness and disability caseloads in OECD countries are related to mental-health problems finds a new OECD report. Fit Mind, Fit Job: From Evidence to Practice in Mental Health and Work reveals that the total cost of mental illness is estimated at around 3.5 percent of GDP in Europe. People with mild to moderate disorders, such as anxiety or depression, are twice as likely to become unemployed. They also run a much higher risk of living in poverty and social marginalisation. But although most people with mental health problems are in work they struggle; with 7 in 10 of them in 21 countries of the European Union reporting that they are underperforming at work. While a heavy workload and stress may add to mental health problems, the evidence shows that staying at work is also part of the solution if appropriate support is provided.

March 3, 2015

Female empowerment within UK workforce on rise but too few in full time jobs

by Sara Bean • Flexible working, News, Workplace

A strengthening economy has helped the UK to rise up to 14^th position out of 27 OECD countries in PwC’s annual Women in Work Index, but it still lags well behind many other countries in overall female economic empowerment. The Nordic countries continue to lead the Index, with Norway maintaining pole position, followed by Denmark and Sweden. These three countries have consistently occupied the top three positions in the Index since 2000 and the reason is that they all have a much fairer balance between genders on managing work and family life. By comparison, although the UK is in the top 10 performing OECD countries on female participation in the labour force, this is negatively impacted due to the low proportion of women in full-time employment; suggesting that flexible working is having a negative impact on many women’s career prospects.

February 20, 2015

Job automation seen as a key digital challenge in new policy report

by Mark Eltringham • News, Public Sector, Technology, Workplace

Whichever party or coalition forms the next UK Government will face a raft of serious challenges with the emerging digital economy, including making plans for the automation of up to a third of existing jobs. That is the main conclusion of a new report published this week by The House of Lords. Make or Break: The UK’s Digital Future, argues that the next 20 years will present the UK with a range of profound challenges and opportunities and it is incumbent on the Government to address them at the earliest opportunity. As well as imminent and well known issues such as the need to roll out ultrafast broadband countrywide and the development of skills and digital clusters, the report also highlights the particular issue of what to do about the claim that up to 35 percent of jobs over the next two decades will be automated.

February 18, 2015

Gender pay gap now in favour of UK women…but only until they’re thirty-five

by Mark Eltringham • Flexible working, News, Workplace

The complexities of the gender pay gap are uncovered in the Office for National Statistics’ most recent report into the UK Labour market. For the first time, the study breaks down pay differentials by both age and sex and shows that women now earn more than their male contemporaries until they are in their thirties when gender pay differentials suddenly, rapidly and permanently go into reverse. Women in full time employment now earn an average 81p more per hour at the age of 30, 58p more at age 34 but then 9p less at age 35. The perhaps inescapable conclusion is that the decision to have children is the key determining factor in deciding pay levels for women in full time work. Crucially, the pay gap remains and even widens throughout the remainders of women’s careers. By the age of 40, men outearn women by an average of £1.64 per hour.

February 17, 2015

Employment confidence is increasing, but so is the pay divide finds CIPD

by Sara Bean • News, Public Sector, Workplace

The UK workforce is seeing an increasing pay divide between employers that can now afford to increase wages by 2 percent or more and those that are stuck in a pay freeze. According to the latest Labour Market Outlook from the CIPD, almost half of the UK workforce saw either a pay freeze or a pay cut (3% pay cut, 39% pay freeze) in the twelve months to December 2014. In contrast, a similar proportion (40%) have received a pay increase of 2 percent or more and less than a fifth (18%) fall in the middle ground of people who have received a pay increase in the 0.1-1.99 percent corridor. As well as identifying a growing pay divide, the report finds employment confidence is set to remain strong over the next three months with around two thirds of employers (65%) planning to recruit new employees.

February 16, 2015

Government launches scheme to attract US tech sector to UK

by Mark Eltringham • News, Property, Technology

The Government has launched a scheme to attract US tech firms to set up or ramp up their businesses in the UK. The tech sector is already worth around £120 billion to the UK and the Government hopes the HQ-UK programme will offer investors a chance to tap into a well-established pool of talent and a business-friendly and low tax economy. The initiative is a joint venture between Tech City, the Department for Business, Innovation and Skills, and the Department for Culture, Media and Sport. HQ-UK will simplify and quicken processes for visa applications and setting up UK bank accounts. The programme will also highlight the UK’s high skilled tech savvy workforce, the Government’s commitment to the development of programming skills in schools and the second largest labour market in the EU.