Search Results for: pay ratio

Progress for women in work back at 2017 levels due to COVID-19

Progress for women in work back at 2017 levels due to COVID-19

progressProgress for women in work could be back at 2017 levels by the end of this year as a result of the COVID-19 pandemic, according to analysis conducted for PwC’s annual Women in Work Index, which measures female economic empowerment across 33 OECD countries. (more…)

Employment intentions at their strongest in a year

Employment intentions at their strongest in a year

employmentUK employers are reporting their strongest employment intentions in a year, the latest CIPD/Adecco Labour Market Outlook claims. The survey’s net employment intentions figure, which measures the difference between the proportion of employers expecting to add jobs and those planning to cut positions, rose to +11 this quarter – its highest in a year. This compares to -1 in the previous quarter. (more…)

New social enterprise aims to bring work back to unemployed people with disabilities

New social enterprise aims to bring work back to unemployed people with disabilities

Two and a half million Brits are expected to be unemployed this year after the fall out of the pandemic. A concern for many has been how disabled people will fare with the aftermath. The unemployment rate for people with disabilities is more than twice those who are able bodied. (more…)

The best places to live for work-life balance

The best places to live for work-life balance

work-life balanceAs Brits continue to spend an extensive amount of time at home, the importance of maintaining a good work-life balance has never been so vital. For their 2021 Work-Life Balance Index, money.co.uk have delved through ONS data to uncover where in Britain is best situated for its residents to achieve a good work-life balance. (more…)

Older executives are coping with WFH challenges better than younger leaders

Older executives are coping with WFH challenges better than younger leaders

executivesSenior executives aged 55+ have fared better than ‘millennial’ leaders (aged under 35) during the global pandemic. ABBYY’s COVID-19 Technology and Business Process Report claims that since the pandemic, executives of all ages have experienced huge challenges – in the UK alone, 81 percent of senior decision-makers struggled, particularly with collaborating with colleagues remotely (37 percent), motivation to work (29 percent) and productivity (26 percent). (more…)

Working parents present new and important challenges for employers

Working parents present new and important challenges for employers

working parentsWith primary and secondary schools closed to the majority of pupils as of 5 January 2021, many working parents have found themselves with an impossible task. How to juggle a full day of home schooling with a full day of work, all whilst in lockdown?  (more…)

Salary tops employee priority list as UK workers focus on self-preservation

Salary tops employee priority list as UK workers focus on self-preservation

salaryAs businesses attempt to stay afloat amid the fluctuating circumstances in the UK, research claims that UK employees are increasingly placing salary packages as the most important factor when it comes to career management. The research by SD Worx, examined what employees in Belgium, Germany, France, the Netherlands and the United Kingdom consider important in the context of their work. (more…)

The UK’s digital divide is closing considerably slower than official targets

The UK’s digital divide is closing considerably slower than official targets

digital divideNew data analysis by web design and development agency Rouge Media, claims the digital divide in the UK is closing considerably slower than official targets. In the Government’s 2014 “Digital Inclusion Strategy”, the target was set to reduce the number of people offline by 25 percent every 2 years. And by the end of 2020, everyone who can be digitally capable, will be. (more…)

Giving CEOs financial incentives seems to damage long-term profitability

Giving CEOs financial incentives seems to damage long-term profitability

IncentivesThe greater stress companies put on financial incentives and financial performance in bonus systems for CEOs, the more negative the impact is on the firm’s financial performance, claims new research from Vlerick Business School. These findings come from a research study into the top 600 European firms and their CEOs remuneration. (more…)

Trust is hard to find in the workplace, report suggests

Trust is hard to find in the workplace, report suggests

workplaceAs the world prepares to close the book on the unprecedented events of 2020 and looks ahead to 2021 with renewed hope and optimism, global research from The Workforce Institute at UKG explores the importance of elevating trust to a foundational imperative to create high-performing workplace cultures that better serve customers and their communities. (more…)

Maternity leave causes women to lose out on £3.2 billion

Maternity leave causes women to lose out on £3.2 billion

Maternity leaveWomen taking maternity leave collectively lose out on £3.2bn worth on earnings, a fall of nearly half their average annual salary, claims new research from Direct Line Life Insurance. (more…)

Unused office space could cost London businesses almost £13 billion

Unused office space could cost London businesses almost £13 billion

Office spaceUnused office space after coronavirus could cost London-based businesses almost £13 billion according to a new report by Space Three Two, a new office timeshare marketplace born out of lockdown. According to a survey of London office workers, employees want to spend an average of 2.7 days back in the office once all Covid-19 restrictions have been lifted. 1 in 10 workers said didn’t want to go back to the office at all. (more…)