Search Results for: pension

UK employment rises but pay rates are squeezed

pay squeeze

The UK employment rate is now higher than in the United States and is well above that in the Eurozone. However, pay levels remain low, with basic pay inflation now at just 1.3 per cent. According to the latest figures from the Office for National Statistics long-term unemployment fell by 15,000 this quarter to its lowest level for nearly a year. Nigel Meager, Director at the Institute for Employment Studies, commented: “The UK stands in contrast to developments in the Eurozone, where employment and unemployment figures are continuing to deteriorate.” (more…)

Flexible working seen as of more benefit to employers than staff

Flexible working

Nine in ten UK professionals think that flexible working will become the dominant employment model – but half think it will be adopted for business reasons rather than to benefit the workforce. According to research from specialist HR recruiter Ortus, just one in ten professionals (12 per cent) actually deem flexible working to be a vital benefit – lower than the proportion who said a free company mobile phone is vital to them. And just 1 in 10 said they thought it was being implemented to help with gender equality. In the survey conducted among 450 professionals across a variety of sectors, 51 one per cent felt the reason behind the growth of flexible working is efficiency and productivity – not to help people manage the number of hours they work. (more…)