May 17, 2019
There are 374,000 more employees working from home than 10 years ago, new TUC analysis published today to mark Work Wise UK’s National Work from Home Day implies. The analysis suggests a 27.7 percent increase in the number of homeworkers in the last decade. But not enough bosses are giving their workers the option of homeworking, which could help people to see more of their family and improve work-life balance. More →
May 17, 2019
Older employees are likely to enjoy improved wellbeing, according to a new study from The Myers-Briggs Company. The research claims that workplace wellbeing progressively increases with age and also highlights workplace relationships as one of the most important elements of wellbeing. More →
May 16, 2019
Employers need to better understand the needs of younger candidates, particularly that of flexible working, says Gartner, after its latest Global Labor Market Survey claims that a rise in Gen Z candidate’s regrets is leading to high turnover, low engagement and low productivity. According to the survey, 40 percent of Gen Z respondents reported that they would not repeat their decision to accept the job offer they had accepted and only 51 percent said they could see themselves having a long career at their organisation. More than one-third of candidates who regret their decision intend to leave their position within 12 months.
May 15, 2019
The number of non-EU born workers in employment has increased over the past 12 months due to a tightening labour market, according to statistics published this week by the Office for National Statistics (ONS). Figures show that just over a third of the 364, 000 net annual increase in the number of people in work over the past year has gone to people from outside the European Union, although the number of EU-born citizens in work has also risen. The number of non-EU born citizens in employment has increased by 123, 000 during the past year, while there has been a notable quarterly increase of more than 117,000 EU-born citizens.
May 13, 2019
Employers and employees are at odds over how technology will impact productivity and worker satisfaction, according to a 2019 Talent Trends report Get ahead of the rising expectations of talent (registration) published by Randstad Sourceright. Based on a survey of global human capital leaders, board level executives and working professionals, the report claims that 81 percent of employers are excited about the opportunities artificial intelligence (AI) will present, while working professionals are more sceptical about the tech. Nearly half (44 percent) are concerned about losing their jobs. More →
May 13, 2019
Employers are having to be more flexible to fill vacancies as buoyant demand for staff is creating recruitment challenges. Two in five (41 percent) employers say it has become more difficult to fill vacancies in the past year, while three in five (61 percent) employers said that at least some of their vacancies were proving hard to fill. However, according to the latest Labour Market Outlook from the CIPD and the Adecco Group despite the tightening labour market, this confidence has yet to translate into significant salary increases for all but new starters and those with key skills.
As recruitment and retention challenges grow, employers are changing their recruitment practices and drawing on a wider talent pool to fill vacancies, while putting more focus on training up existing staff.
Gerwyn Davies, senior labour market adviser for the CIPD said: “The majority of UK workers are long overdue a meaningful pay rise. However, many workers will remain disappointed with their pay packets until there are significant and sustained improvements to productivity. Organisations need to give much greater consideration to the obstacles that are preventing their people from performing better at work.
“A greater focus on training, development and better people management is needed to lift the UK out of its current productivity crisis. One upside is that many employers are already investing in developing their existing workforce to plug skills gaps. Strengthening workplace training and recruiting in a more inclusive, flexible way will ultimately deliver higher performing and fairer workplaces.”
[perfectpullquote align=”right” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]“A greater focus on training, development and better people management is needed to lift the UK out of its current productivity crisis.” [/perfectpullquote]
Recruitment outlook – jobs growth set to continue
Britain’s jobs boom is set to continue in the short term. The report’s net employment balance – a measure of the difference between the proportion of employers who expect to increase staff levels and those who expect to decrease staff levels – has increased from +20 to +22. Employment growth will continue to be driven by the private sector which has increased from +22 to +25 in the last quarter. The report shows that confidence is highest in business services (+39), construction (+36), healthcare (+31) and ICT (31 percent).
Skills shortages – employers are having to be more flexible to find candidates
Skills shortages are particularly being seen in professional occupations (e.g. scientists, engineers) where 50 percent of employers report that applicants don’t have the required level of skills needed. In response to skills challenges employers are having to rethink their recruitment practices and draw from a wider talent pool. The Labour Market Outlook found that:
In line with recent ONS data*, the report also found that employers were making greater efforts to hire those aged over 55 (8 percent) and those from disadvantaged groups (6 percent).
Despite rising recruitment and retention pressures, median basic pay expectations in the 12 months to March 2020 remain at 2 percent. However, pay expectations have fallen back in the private sector from 2.5 percent to 2 percent and have risen in the public sector from 1 percent to 1.5 percent.
In addition to hiring challenges, a third of employers (33 percent) said that it has become harder to retain staff in the last 12 months, particularly in the public sector (42 percent). In response, over half (54 percent) of organisations have increased salaries in some capacity and one in four organisations (25 percent) have increased salaries for key staff only.
May 9, 2019
More than two-fifths (45 percent) of workers believe their line manager don’t help morale at work and one in three (32 percent) feel uncomfortable approaching management about work problems, according to a poll published today. The TUC report, Improving Line Management claims that while the majority of UK workers feel supported by their bosses, more than a third (35 percent) don’t think that their line manager treats them and their colleagues fairly. The TUC says the findings expose the patchiness of management training in the UK, as despite being crucial to workers’ well-being and productivity, less than half of UK managers got any training in the last year, according to most recent government statistics.
May 8, 2019
While the use of wearables, Internet of Things (IoT) devices that are worn or inserted as implants, in smart building applications will give people completely new ways of interacting with their surroundings, their potential could be tempered by an increased risk to privacy due to the type and quantity of data being collected. The good news is that, combined with automated building controls, occupants will be able to control and automate their own ‘personal’ environment as well as improve their wellbeing. More →
May 8, 2019
Wrike has published a report From Positivity to Productivity: Exposing the Truth Behind Workplace Happiness (registration), which claims to offer new insights on what makes employees happy in a rapidly changing, digital workplace. The report sets out to challenge what it says are common myths about levels of happiness at work. The happiest employees – those that identify as being “elated” with their job – report diversity is above average in their workplace and say “doing meaningful work” is the most critical factor in their happiness, ranking even higher than compensation. More →
May 2, 2019
The UK can end its contribution to global warming within 30 years by setting an ambitious new target to reduce its greenhouse gas emissions to zero by 2050, the Committee on Climate Change (CCC) has said in a report today. But the habits of people and organisations will have to change dramatically. Ten years after the Climate Change Act became law, now is the right moment to set a more ambitious goal. Achieving a ‘net-zero’ target by the middle of the century is in line with the UK’s commitment under the Paris Agreement; the pact which the UK and the rest of the world signed in 2015 to curb dramatically the polluting gases that cause climate change. More →
May 2, 2019
Sage has released its annual Practice of Now research report, which claims that there is a shifting cultural landscape in the accounting sector driven by evolving client demands and the marketplace. Of the 3,000 accountants surveyed worldwide, 90 percent believe there has been a cultural shift in accountancy as it enters the next decade. This shift is driving significant changes in hiring practices, business services and attitudes toward emerging technologies across the globe. More →
May 3, 2019
Is stress killing creativity and innovation in your organisation?
by Alf Rehn • Comment, Wellbeing
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