Search Results for: salary

Hybrid working is now more about when work is done, rather than where

Hybrid working is now more about when work is done, rather than where

The defining issue in workplace flexibility and hybrid working is now time rather than locationA new report from Owl Labs suggests that the debate over where people work is being replaced by questions about when they work. The firm’s 2025 State of Hybrid Work report argues that the defining issue in workplace flexibility and hybrid working is now time rather than location. The study, based on a survey of 2,000 US workers, claims that almost half of respondents believe they do not have enough flexibility in their working hours. Thirty seven percent said they would turn down a job that did not provide flexible scheduling, an increase compared to last year. Around a quarter said they would find a four day week more attractive than a traditional arrangement, with many indicating they would be willing to take a pay cut in exchange for greater control over their time. On average, workers said they would give up around eight to nine percent of their salary to secure more flexible hours or a reduced working week. (more…)

Return to office policies now more common, but raise people’s expectation of better workplaces

Return to office policies now more common, but raise people’s expectation of better workplaces

The news that Microsoft has introduced a formal hybrid working policy has sparked the usual pointless to and fro on social media about return to office policies, but it would seem for a growing number of firms and their employees, the debate is overThe news that Microsoft has introduced a formal hybrid working policy has sparked the usual pointless to and fro on social media about return to office policies, but it would seem for a growing number of firms and their employees, the debate is over. According to new global research from JLL, 72 percent of employees now view attendance requirements in a positive light, but this shift comes with heightened expectations for workplace quality, flexibility and wellbeing. (more…)

Does your employee benefits package have a marketing problem?

Does your employee benefits package have a marketing problem?

Despite many businesses investing heavily in employee benefits, many of these perks fail to deliver their full potential. Here's what to do about itDespite many businesses investing heavily in employee benefits, many of these perks fail to deliver their full potential. According to the 2025 Drewberry Employee Benefits and Workplace Satisfaction Survey, just 12 percent of UK employees report being truly satisfied with their benefits package. This gap in satisfaction isn’t always about the benefits themselves, but is often a failure of communication. This latest research shows that while benefits may be in place, just 36 percent of employees fully understand what’s on offer. Even fewer regularly engage with these benefits. (more…)

Poorly designed and managed workplaces costing the UK over £70 billion a year, report claims

Poorly designed and managed workplaces costing the UK over £70 billion a year, report claims

A new report suggests that the quality of workplace environments could have a significant impact on the UK’s economic performance.A new report suggests that the quality of workplace environments could have a significant impact on the UK’s economic performance. According to a new report published by facilities management company MITIE, ineffective workspaces may be costing the economy up to £71.4 billion in GDP each year. The study claims to highlight how various physical and environmental workplace factors can affect employee productivity. (more…)

Firms scale back recruitment plans in wake of National Insurance hike

Firms scale back recruitment plans in wake of National Insurance hike

Nearly half of all companies across the UK are scaling back recruitment plans because of the hike in employers’ National Insurance which comes into effect on April 6thNearly half of all companies across the UK are scaling back recruitment plans because of the hike in employers’ National Insurance which comes into effect on April 6th, according to a new poll by Reed. The survey found that 46 per cent of firms said that recruitment decisions would be impacted due to the tax increase, with many reporting that they were already not hiring or postponing recruitment. Reed say the findings demonstrate the negative impact the increase in employer’s NI is having on the labour market, which has already seen vacancies fall for a record period. (more…)

Young men and boys lagging behind female contemporaries in pay and other ways

Young men and boys lagging behind female contemporaries in pay and other ways

Young women are now consistently out-earning their male counterparts for the first time, according to a new report that warns of a growing crisis among young menYoung women are now consistently out-earning their male counterparts for the first time, according to a new report that warns of a growing crisis among young men. The Centre for Social Justice (CSJ) think tank has published findings showing that women aged 16 to 24 in both white-collar and blue-collar jobs are earning nearly 10 percent more than men of the same age. The report, titled Lost Boys, highlights how young men are falling behind in education and employment, with growing feelings of isolation and lack of purpose. (more…)

How employee benefits offer value for money

How employee benefits offer value for money

Every pound spent on employee benefits is a pound that could boost your profits. That's why it's vital to ensure your benefits package aligns perfectly with what your employees need and valueIf you want to provide great employee benefits but are constrained by budget, there are some company perks that not only keep your employees happy, but can also provide serious value for money. Whether it’s leveraging tax-efficient Salary Sacrifice schemes or taking a more holistic approach such as flexible working, it’s definitely possible to offer great benefits while boosting your bottom line. (more…)

If you want to get ahead in your career, get in to the office, report argues

If you want to get ahead in your career, get in to the office, report argues

Businesses are increasingly likely to prioritise workers willing to come into the office for pay rises and promotions, according to new researchBusinesses are increasingly likely to prioritise workers willing to come into the office for pay rises and promotions, according to a new poll from Reed Group. A year ago Reed.co.uk, which deals with over 30 million job applications a year, predicted that employers would increasingly mandate days in the office and would prioritise what it called the ‘in-person premium’. (more…)

Want to hold on to people? Pay them enough

Want to hold on to people? Pay them enough

In spite of all the chatter about the so-called Great Resignation whether people decide to stay with an employer still largely depends on payIn spite of all the chatter about the so-called Great Resignation and Quiet Quitting, whether people decide to stay with or leave an employer still largely depends on whether they think they are paid enough. According to a new poll from SD Worx, pay remains the number one reason employees will stay with a company or leave. For the report, SD Worx surveyed 5,000 businesses and 18,000 employees in 18 countries across Europe, including the UK, France, Germany, Italy, Spain and Belgium. (more…)

US law firms make up two thirds of global law firm office leasing activity

US law firms make up two thirds of global law firm office leasing activity

Together, US cities accounted for 69 percent of overall H1 law firm office leasing activity in the world’s largest legal marketsNew York accounted for a third of all leasing activity globally in the legal sector in the first half of 2024, says Savills, equating to over 1.4 million sq ft of space, out of a total of 4.3 million sq ft across the world’s 15 largest legal markets, reflecting its position as the world’s principal legal hub. Together, US cities accounted for 69 percent of overall H1 law firm office leasing activity in the world’s largest legal markets, reflecting the dominance of American firms in the sector overall, as well as the tendency for US legal offices to have a lower occupancy density and thereby requiring more space, according to Savills. (more…)

UK startups economy relies on high quality immigration

UK startups economy relies on high quality immigration

A new report highlights the significant role that high-quality immigration plays in driving business growth and innovationNew data suggests that 39 percent of Britain’s top 100 fastest-growing companies were founded by individuals born outside the United Kingdom, even though immigrants make up less than 15 percent of the overall population. The research, conducted by think tank The Entrepreneurs Network and supported by Fragomen, highlights the significant role that high-quality immigration plays in driving business growth and innovation. Previous research from 2019 showed an even higher proportion, with 49 percent of Britain’s top 100 fastest-growing companies having a foreign-born founder.
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A large pay gap between business leaders and staff is bad news for businesses

A large pay gap between business leaders and staff is bad news for businesses

Employees may be less productive and have more negative emotional experiences at work when there is a large pay gap between them and those in leadership rolesEmployees may be less productive and have more negative emotional experiences at work when there is a large pay gap between them and those in leadership roles, a new study shows. The ‘vertical pay gap’ between leaders and other employees has been found to have risen markedly over the past five decades. (more…)