Search Results for: salary

Organisations with supportive approach most likely to attract talent

Organisations with supportive approach most likely to attract talent

Employers must raise their offering to meet the demands of millennials, as they reach a pivotal time in their careers and demand their employers stand for a purpose. This is according to the 2018 Organisational Wellbeing & Talent Insights Report from Gallagher which finds that to have any impact with this audience, organisations must demonstrate a strong employer value proposition. This is essentially, ‘how you want to be seen’; a set of values lived by workers, driven from the top down. The best organisations match these goals by becoming ‘destination employers’ that are able to win over talent with a more supportive approach. More →

Gig economy set to boom to meet growing need for digital skills

Gig economy set to boom to meet growing need for digital skills

Gig economy set to boom to meet increasing need for digital skillsOver a quarter of businesses plan to hire temporary or contract staff in the next 12 months to help plug skills shortages created by digitalisation as more than half of CEOs are concerned about a lack of digital skills within their organisation. This is according to the Robert Half 2019 Salary Guide which argues that technology is reshaping businesses; with two in five UK organisations (38 percent) considering digitalisation as the main evolving force in the workplace today. This shift has created demand for a new set of skills, such as DevOps, data visualisation, data management and analytics. While softer skills such as resilience, adaptability and critical thinking remain key characteristics in potential employees, a third (31 percent) of employers state that a candidate’s technical skillset is their most important consideration when making a new hire. Around 1.6 million1 (28 percent) UK businesses plan to hire temporary or contract staff in the next twelve months, to combat the lack available talent required, which is creating a critical skills gaps in the workplace.

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UK skills and labour shortage being driven by a fall in non-EU migrants

UK skills and labour shortage being driven by a fall in non-EU migrants

UK skills and labour shortage being driven by a fall in non-EU migrantsA sudden reversal in the growth in the number of both EU and non-EU migrants in employment in the UK could hit employer plans to take on more staff and worsen skills and labour shortages, according to the latest quarterly Labour Market Outlook from the CIPD and The Adecco Group. While the 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 remained extremely positive at +22 (compared to +23 in Q3 2018), among employers which currently have vacancies, seven in ten (70 percent) report that at least some of their vacancies are proving hard-to-fill, higher than in Summer 2018 (66 percent) and Spring 2018 (61 percent).  More →

Will technology prove a threat or a godsend in the new workplace?

Will technology prove a threat or a godsend in the new workplace?

In the past decade, the business landscape has fundamentally shifted with the emergence of companies like Uber and Netflix, in addition to the rapid growth of large technology companies such as Apple and Amazon. Underlying this shift is the constant evolution and implementation of technology into the workplace. In a recent report, the World Economic Forum stated that digitisation could add a staggering $100 trillion to businesses by 2025.

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Lack of motivation at work impacts both performance and mental health

Lack of motivation at work impacts both performance and mental health

Lack of motivation at work impacts both performance and mental healthOver seven in ten UK employees want their employers to do more to motivate them claims a new study from Reward Gateway which suggests  that some of the alarming effects that being unmotivated has on employees included a worsening in mood (60 percent); reduction in productivity levels (48 percent); declining mental health (46 percent) and a reduction in quality of work (40 percent).  Over a quarter (26 percent) say their relationships with family and friends suffer and 2 in 10 admit to drinking more alcohol when lacking motivation.

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Employers struggling to attract skills needed for digitalised workplace

Employers struggling to attract skills needed for digitalised workplace

Employers struggling to attract skills needed for digitalised workplaceMore than half of CEOs (53 percent) admit they can’t find candidates with the necessary skills to help them navigate an increasingly digitalised business landscape a new survey from Robert Half has claimed. These include data analysis and digital skills, as well as softer skills such as resilience, adaptability to change and critical thinking. This means that nearly five million UK SMEs, the equivalent to four out of every five (82 percent) small and medium-sized companies, are struggling to attract the skills they need. As a result, many are being forced to offer salary packages higher than originally expected to recruit the right talent. More →

Fall in number of employees who feel motivated at work

Fall in number of employees who feel motivated at work

Fall in number of employees who feel motivated at work Employee motivation levels appear to be the decline, with 29 percent of employees surveyed saying they were not motivated at work in 2017 compared to just 18 percent who said the same in 2016 the research report, “Living to Work” has claimed. Motivates Inc. has commissioned its employee motivation research for the past three years, surveying over 2,000 UK employees in full-time employment. The full data shows like-for-like how employees are feeling in the workplace and what hygiene factors have affected behaviours year-on-year. According to the latest data 71 percent of UK employees were motivated in 2017, which on its own shows a positive result, yet when you look at the motivational statistics from 2016 the data actually shows the percentage of motivated employees has dropped by 11 percent in just one year. That’s 220 more employees in an organisation of 2,000 who are not feeling good about their job.

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National Work Life Week research reinforces appeal of flexible hours

National Work Life Week research reinforces appeal of flexible hours

National Work Life Week research reinforces appeal of flexible hoursNational Work Life Week (1st – 5th October 2018) starts today with the aim of encouraging companies to think about their employees’ wellbeing and happiness. To mark the week new research asked British workers about the things they most want from their work. The YouGov survey of 2,000 adults, commissioned by the Oxford Open Learning Trust, found that while money is predictably the biggest motivator behind career choice (64 percent), over half of the respondents cited working hours and flexible working as an important factor (55 percent). More →

Britain should make it easy for high skilled immigrants in the wake of Brexit vote

Britain should make it easy for high skilled immigrants in the wake of Brexit vote

The UK Government should restrict levels of  immigration by low-skilled workers after Brexit, but at the same time make it considerably easier for for medium-skilled and high-skilled workers from around the world, according to a new report from the Migration Advisory Committee. The detailed report was commissioned in July 2017 by Home Secretary Amber Rudd. Its main conclusion is that there is a great deal of hard evidence of the benefit enjoyed by the UK as a result of the migration of highly-skilled migrants and that future policy should reflect this. The study published today, Tuesday, is expected to have a significant effect on the contents of the government’s immigration white paper, due for publication later this year. The report’s conclusions closely match the policy proposals that Home Office officials have outlined to immigration specialists. However, no special preference would be given to EU citizens in the UK’s future immigration system post-Brexit.

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Growing gig economy could be behind buoyant ONS employment figures

Growing gig economy could be behind buoyant ONS employment figures

Gig economy could be behind buoyant ONS employment figuresRecent ONS figures showing a rising employment rate could be inflated by the growth of zero-hour contracts within the gig economy, as the number of UK workers on zero hour contracts having more than tripled since 2012. This is propping up overall employment levels by accounting for almost a quarter of overall employment growth, new data by Adzuna has suggested. With the employment rate currently at a record high of 75.7 percent according to the ONS, Adzuna’s data compares recent growth in the number of people in work overall to the increasing number of zero hour contracts, to ascertain how much these contracts have contributed to the growth.

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Younger workers risk missing out on career opportunities by shunning SMEs

Younger workers risk missing out on career opportunities by shunning SMEs

Younger workers risk missing out on career opportunities by ignoring SMEsYoung people leaving education and looking for work may be missing out on potential employment opportunities by failing to consider Small and Medium Enterprises (SMEs) and the advantages they offer, new research from Santander UK claims. ‘Gen Z’ and Millennials do not believe SMEs offer the same job security or salary as large businesses, meaning just a third (35 percent) of young people leaving education in 2018 want to work for smaller employer, and an even smaller proportion, just one in six (18 percent), want to work for a start-up or micro business. The most popular career aspirations for Generation Z and Millennials are to work for a large firm (51 percent), the public sector (51 percent) or a global multinational (49 percent), because of a perceived lack of job security (56 percent). There is also the belief that SMEs offer a lower salary (46 percent) and fewer opportunities for progression than large companies (33 percent). Yet the majority (70 percent) of SMEs are actively recruiting for entry level roles, whether that be graduates (43 percent), further education leavers (36 percent) or school leavers (35 percent).

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UK labour and skills shortages set to increase as number of EU nationals fall

UK labour and skills shortages set to increase as number of EU nationals fall

Labour and skills shortages in UK set to increase as number of EU applicants fall

A noticeable fall in the flow of EU nationals into the UK has coincided with a drop in the quantity and suitability of job applicants being reported by employers, the latest quarterly Labour Market Outlook from the CIPD and the Adecco Group has revealed. The data suggests that while the short-term outlook for employment remains strong, labour and skills shortages are finally starting to bite, with evidence that the number of applicants per vacancy has dropped across all roles (low, medium and high-skill) since summer 2017. This strong demand for labour is finally increasing recruitment pressures for employers, exacerbated by a ‘supply shock’ of far fewer EU nationals coming into the UK. According to the latest official data, the number of EU-born workers in the UK increased by just 7,000 between Q1 2017 and Q1 2018, compared with an increase of 148,000 from Q1 2016 to Q1 2017. This represents a fall of 95 percent and has fed into a tightening of the labour market. The report also found that while wage growth for the wider workforce is set to remain at around 2 percent for the foreseeable future, new starters and key staff may be more likely to be getting a salary increase.

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