October 7, 2022
Third of firms expect the four-day week to become a reality ‘for most’ in the next ten years
A third of respondent organisations (34 percent) to a CIPD poll think the four-day week will become a reality in the UK for most workers within the next ten years. However, only a small minority of firms have moved towards the four-day week to date by reducing hours without reducing pay for their employees, or plan to do this over the next three years. One in ten (10 percent) organisations report they have reduced working hours without reducing pay for the whole or a significant part of their workforce over the last five years, although of these, under half of employers (42 percent) did so as a result of the furlough scheme. More →
October 5, 2022
Will employees return to the office to save on energy bills this winter?
by Nick Gold • Comment, Flexible working
This winter will be tough for many UK households. Rising energy bills are driving a huge upswing in inflation, causing real incomes to fall as the cost of living goes up. And despite the UK Government’s announcement that energy prices will be ‘capped’ at an average of £2,500 per year, the Bank of England believes inflation will remain high for at least the next two years. According to government estimates, a £2,500 energy bill is almost double the average household’s energy bill in 2021. And as employees continue to work from their home office regularly, energy consumption is likely to rise. More →