Search Results for: talent

Age discrimination in the workplace remains an issue

Age discrimination in the workplace remains an issue

age discriminationMore than a third (37 percent) of employees aged 45 and over believe that age discrimination is an issue where they work, according to a new analysis from Aviva. Those aged 55 to 59 feel this most strongly (41 percent). One in five (19 percent) feel younger colleagues are favoured over older generations, while 19 percent believe their age has become a barrier to career progression and development. However, over half (53 percent) of employees aged 60 and over are not ready to retire, increasing to 61 percent for people still working past the age of 65. (more…)

Employers need to better understand flexible working

Employers need to better understand flexible working

Employers need to better understand needs of Gen Z candidatesEmployers 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.

(more…)

Increase in number of FTSE 100 CEOs from tech backgrounds

Increase in number of FTSE 100 CEOs from tech backgrounds

Digital disruption leads to rise in FTSE 100 CEOs from tech backgroundsDigital disruption has led to a rise in the number of FTSE 100 CEOs with a background in technology, but age, education and gender diversity remain stagnant, claim the results of the annual Robert Half FTSE 100 CEO Tracker. It shows that the proportion of FTSE 100 CEOs with a background in technology has increased by 27 percent in the last year, with 14 percent of CEOs now having a background in the sector. (more…)

People and employers have different perceptions of tech

People and employers have different perceptions of tech

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…)

Employers are up skilling existing staff as vacancies get harder to fill

Employers are up skilling existing staff as vacancies get harder to fill

Employers are up skilling existing staff to counteract hard to fill vacanciesEmployers 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:

  • Two in five employers (43 percent) are upskilling existing staff to offset hard to fill vacancies
  • 23 percent are hiring more apprentices
  • 19 percent are recruiting from outside the UK
  • 1 in 7 (16 percent) are lowering their recruitment standards

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.







This field is required.

Rural innovation policies need to reflect differences within communities

Rural innovation policies need to reflect differences within communities

rural innovationPolicies aimed at encouraging rural innovation should take into account the differences between entrepreneurs and how they view where they live, according to a new study. Researchers at the University of East Anglia (UEA) and De Montfort University have found that meanings attached to where someone lives are shaped by previous experiences, and this in turn influences their innovation strategies and entrepreneurial activity. (more…)

Workers value employers with right approach to sustainability

Workers value employers with right approach to sustainability

HP has published a new study underscoring the importance of sustainable business practices in recruiting, hiring and retaining top talent. It suggests that employees are more productive, motivated and engaged when working for an employer who is leading the charge in social responsibility. The global, 20,000-participant survey suggests that 61 percent believe sustainability is mandatory for businesses. Of those interviewed, 56 percent believe that ignoring environmental impact in the workplace is as bad as ignoring diversity and inclusion. (more…)

Retention of EU workers no more difficult for many UK employers

Retention of EU workers no more difficult for many UK employers

More than half of UK companies say the referendum result hasn’t affected their ability to retain EU staff so far, according to  research from REED. Despite this positive news, the poll of nearly 500 UK senior professionals for its research revealed that a third singled out getting access to EU workers as the biggest issue for their organisation around Brexit. However, there is also strong support for getting access to the EU market (44 per cent) with 70 per cent of those asked wanting a close relationship with the EU when and if the UK leaves the EU. (more…)

People with epilepsy twice as likely as average to be unemployed

People with epilepsy twice as likely as average to be unemployed

EpilepsyIn the UK approximately 1 in 100 people (600,000) have a diagnosis of epilepsy, yet despite anti-discrimination legislation, people with epilepsy in the UK are more than twice as likely as those without the condition to be unemployed. That is the main conclusion of a report from IES which included a literature review, interviews with for experts in employment support, clinical practice and applied research, interviews with six employers of different sizes across a range of industries and two focus groups of individuals with varied symptoms and employment histories. (more…)

Team activities more engaging for young professionals

Team activities more engaging for young professionals

Team activities designed to boost morale and strengthen relationships, are more successful in engaging younger talent than individual ones, a new report suggests. The research carried out by Perkbox and Talentpool claims that employer recruitment techniques are adapting incentives accordingly in a bid to attract top young talent, as young professionals today seem to like to prioritise ‘team’ over ‘individual’ in all of their everyday working practices. (more…)

Vast majority of accountants think there’s been a cultural shift in the profession

Vast majority of accountants think there’s been a cultural shift in the profession

Accountant at work cultural shiftSage 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…)

The impact of technology, cyber-risk and the future of corporate real estate

The impact of technology, cyber-risk and the future of corporate real estate 0

It’s no surprise to say that technology is having a significant impact on the workplace and the use of corporate real estate. The fast pace of change has seen technology impact all aspects of business, government and culture, as well as personal life, with a constant flow of new innovations and solutions helping us to do things more quickly and efficiently. Equally, technology also provides a challenge to business and, more specifically, corporate operations, with a whole array of disruptive technologies.

(more…)