Search Results for: salary

Many people would take a pay cut for more flexible working and shorter hours

Many people would take a pay cut for more flexible working and shorter hours

by • Flexible working, News

Two thirds of British workers would be prepared to take a pay cut for an overall better job according to a poll from the hiring platform Indeed. A survey of over 5,000 workers for its Better Work 2023 report found a desire for greater flexibility and less time at work is driving this trend, with a four-day work week (28 percent), a better work life balance (25 percent) and more flexible working opportunities (17 percent) the most likely factors to encourage Brits to take a pay cut.  The mean pay cut workers surveyed are willing to take is 9.2 percent. Given the average salary for UK workers is £33,000, that means the average worker is willing to take a pay cut of £3,036 per annum for a better job. (more…)

Is the Flexible Working Bill a game changer or paper tiger?

Is the Flexible Working Bill a game changer or paper tiger?

by • Comment, Flexible working

The need for more flexible working arrangements has been heard and employees are getting what they want – right? As LinkedIn data has shown, demand for work flexible working is high. And it outpaces the current availability of remote work offers. In the UK alone, listings for remote jobs have increased by 277 percent. Job postings for hybrid or remote positions received an increase in applications (189 percent) over in-office roles. People want to work remotely for various reasons. So they can live in their chosen home rather than in a tiny flat in London without sacrificing their career. So they can care for family – children, parents, grandparents. The demand for flexible work is driven by a desire for balance. The need has been clearly voiced – and the workforce is hungry for new modes of work. Looking at this background – the cheerful response to the passing of the bill is understandable. (more…)

Digital nomads are starting to price out local communities around the world

Digital nomads are starting to price out local communities around the world

by • Cities, Comment, Flexible working

Remote working: how a surge in digital nomads is pricing out local communities around the world. For eight years I have studied digital nomadism, the millennial trend for working remotely from anywhere around the world. I am often asked if digital nomads are driving gentrification. Before COVID upended the way we work, I would usually tell journalists that the numbers were too small for a definitive answer. Most digital nomads were travelling and working illegally on tourist visas. It was a niche phenomenon. Three years into the pandemic, however, I am no longer sure. (more…)

Most UK workers now expect to retire at 62 years old

Most UK workers now expect to retire at 62 years old

by • News, Workplace

A new poll of people aged between 35 and 55 suggests that most workers expect to retire at around 62 years old, four years earlier than the UK state pension age of 66.  The report called Providing for tomorrow today: understanding an ageing workforce was commissioned by law firm Osborne Clarke.  It surveyed employees aged 35-55 working in seven industry sectors across the UK. The report claims to identify workers’ current and future employment and retirement expectations and the impact these may have, not only on the shape of the future UK workforce, but also on employers in the industry sectors surveyed. (more…)

Think tank seeks funding for Universal Basic Income trial

Think tank seeks funding for Universal Basic Income trial

by • News, Workplace

A universal basic income will be trialled in England for the first time, with thirty people set to be paid £1,600 per month over a two-year period regardless of personal circumstanceA universal basic income may be trialled in England for the first time, with thirty people set to be paid £1,600 per month over a two-year period regardless of personal circumstances. Researcher Autonomy is seeking funding for the pilot scheme, which it claims “has the potential to simplify the welfare system and tackle poverty in Britain”. People will be drawn from two locations in England to participate, with the scheme testing the effects of basic salary being paid to everyone regardless of wealth or job. (more…)

Resenteeism. Destructive, contagious and in your workplace right now

Resenteeism. Destructive, contagious and in your workplace right now

by • Comment, SF, Wellbeing, Workplace

Don’t ignore it the phenomenon of resenteeism. It can destroy new initiatives, progression and development in a heartbeat. You measure absenteeism. You are aware of presenteeism. But what are you doing about the new kid on the block – resenteeism? This occurs when employees stay in a job despite being fundamentally unhappy. They don’t want to be at work and when they are there, they actively resent it. Increasingly employees are fed up, across varying sectors, and showing some common threads or ‘symptoms’ of resenteeism. One of the most noticeable, and frustrating for employers, is employees resenting being asked to do their job. (more…)

Flexible working and its benefits are enjoyed most by highest paid workers

Flexible working and its benefits are enjoyed most by highest paid workers

by • Flexible working, News

Low paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 reportLow paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 report from advocacy group Flexibility Works. Just half (51 percent) of workers surveyed for the report earning less than £20,000 a year work flexibly, compared with eight in ten (80 percent) workers earning more than £50,000. The figures are from an analysis of flexible working in Scotland, which is supported by the Scottish Government and The Hunter Foundation. (more…)

Majority of employees see themselves as cogs in corporate machinery

Majority of employees see themselves as cogs in corporate machinery

by • News, Workplace

A significant majority (85 percent) of employees feel like they are just a cog in the machinery of their organisation and 43 percent have no idea how their performance contributes to business success, according to a new survey of employee experience and expectations. According to the new study [registration] from Oracle, HR leaders are struggling to keep up with changing employee expectations and this can have dire consequences for businesses. The survey of 1,000 employees and HR leaders across the United Kingdom (UK) found that despite current economic uncertainty, worker expectations are higher than ever, and HR leaders need help to get the employee experience right or risk losing profits and market share. (more…)

The need for reimagination in an age of uncertainty

The need for reimagination in an age of uncertainty

by • Comment, Everything Omni

Since we are now very much in the age of uncertainty being the new certainty, with all the old playbooks out the window and no cookie cutter approach in the ways we work, since one size doesn’t fit all – what the hell do we do?Since we are now very much in the age of uncertainty being the new certainty, with all the old playbooks out the window and no cookie cutter approach in the ways we work, since one size doesn’t fit all – what the hell do we do? Curl up in a ball and die? Go into panic mode and go around shouting ‘We’re doomed! We’re doomed’ manically? Or just ostrich the problem and hope it all goes away or at least reverts back to how it was before? (more…)

The six skills managers will need for the future of work

The six skills managers will need for the future of work

by • Comment, Flexible working, Technology

When it comes to the future of work, we need new guidelines for building change-ready and vulnerable leadership.Conversations around how work and leadership will change in the coming years have inevitably been accelerated by the pandemic. Companies all over the world have been urged to seek new digital tools, solutions and methods for communicating, making decisions, and activating projects remotely. The companies that emerged most successfully from the Covid era were those that, despite all the uncertainty at the time, decided to adapt and view the pandemic as an opportunity for change rather than an obstacle. When it comes to the future of work, we need new guidelines for building change-ready and vulnerable leadership. (more…)

One in four people will work from abroad this year, and many won’t tell their employer

One in four people will work from abroad this year, and many won’t tell their employer

by • Flexible working, News

One in four (23 percent) UK office workers plan to take advantage of remote working to log on from abroad in 2023, with a third (32 percent) doing so against company rules, according to new research by the risk management and insurance broker, Gallagher. The survey of more than 2,000 UK office workers claims that the dramatic increase in hybrid working post pandemic now extends to a “work from anywhere” culture. But employees choosing to locate themselves overseas brings risk implications for their employer, as well as themselves. (more…)

Employers brace for ‘talent exodus’ as people seek better pay

Employers brace for ‘talent exodus’ as people seek better pay

by • News, Workplace

56 percent of employees in the UK are looking to move jobs in the first half of the year, with 49 percent selecting better pay as the primary reasonOver half (58 percent) of employers in the UK believe that they will lose staff in the next six months as they seek to earn more by moving jobs, according to a new poll. According to the survey by talent services company, Morgan McKinley for its 2023 Salary Guide, 56 percent of employees in the UK are looking to move jobs in the first half of the year, with 49 percent selecting better pay as the primary reason, followed by ‘better career growth and development opportunities’ (17 percent). (more…)

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