But those further on in their working lives are also open to change, with 13 percent of over 55s considering a new career. The research also highlighted the barriers which put people off changing careers. The loss of income whilst training towards a new profession was cited as a key issue by 43 percent of those asked. Other reasons include the fear of feeling too old (40 percent), a lack of qualifications (28 percent), family commitments (27 percent), and the fear of failure (25 percent).
Contributor: Claire Limon, Director of Learning and Acquisition - Openwork, | Published: 11 January 2020
The menopause can happen naturally between 45 and 55 years of age or as late as mid-60s. The average age to reach menopause is 51 although it can happen naturally much earlier or as a result of surgery, serious illness and medication. Symptoms can include hot flushes, night sweats, sleep disturbance, headaches or worsening migraines, poor concentration or memory problems, emotional symptoms – depression, anxiety, panic attacks and mood changes – weight and skin changes, urinary symptoms or joint pain.
Contributor: Dawn Pike, Head of HR | Published: 9 January 2020
The average credit card debt of those polled is £2,966, with men (£3,138) owing over £300 more than women (£2,793). Respondents aged between 35 and 44 years have an average debt of £4,076 vs £1,784 for 16-24 year olds.
Contributor: Salman Haqqi, personal finance expert - money.co.uk | Published: 8 January 2020
“Irrespective of any review into the roll-out, which may be announced in the Queens Speech, clients should not be complacent given scale of this challenge. Businesses now have a few short months to get ready for incoming changes to IR35 legislation but it seems that many may be ill-prepared.
Contributor: Article by Tania Bowers, General Counsel - APSCo | Published: 5 January 2020
As 2019 draws to a close and a new year and new decade awaits us, a number of changes to taxation legislation are due to be implemented in 2020. These taxation changes are due to affect those with rental property or second homes as well as impacting estates liable for inheritance tax.
Contributor: David Redfern, Managing Director - DSR Tax Claims Ltd | Published: 3 January 2020
“The UK’s unemployment rate stands at just 3.8%, and while this is good news for workers, it can make attracting staff difficult for employers, public and private sector alike, as they have to work harder to woo recruits away from their current jobs.
Contributor: Bill Richards, UK Managing Director - Indeed | Published: 29 December 2019
More and more businesses are starting to use freelancers which gives individuals more opportunities to find contract employment that can supplement or even replace their original career. Freelancers benefit from the flexibility of working hours and working environment, which allows them to work from anywhere, however, some places are more freelancer-friendly than others. So which cities around the world offer the best work and lifestyle for freelancers?
Contributor: Iwona Polog, Head of Growth - AppJobs | Published: 28 December 2019
“This is not simply a problem on smaller sites, even the largest sites have the potential for modern day slavery. Major contractors simply don’t know who is supplying labour on their sites, how they have been recruited and if they are being coerced.
Contributor: Jerry Swain, National Officer for Construction - Unite | Published: 26 December 2019
The poll of 2,000 workers in fulltime employment in professional roles was commissioned by Vita Health Group, a leading UK provider of mental health solutions and will raise fresh fears about the stigma many attached to mental health issues in the workforce. In total, 42 per cent of workers said that revealing a mental health issue would ‘destroy’ their career and prevent them from receiving a pay rise.
Contributor: Derrick Farrell, CEO - Vita Health Group | Published: 25 December 2019
Neil Carberry, Chief Executive of the REC, said: “Many employers have been sitting on their hands for the past few months, putting off hiring until the outlook was clearer. Now that some of the fog has lifted, both business and the new government can put their plans into action. What we need to see from the government are policies that will help make great work happen – the first priority will be to secure our managed exit from the EU. This is also not a time to be making sweeping and incomplete changes to how we treat flexible workers – the government should bring forward the review of IR35 it promised on the campaign trail, and delay implementation.
Contributor: Neil Carberry, Chief Executive - REC | Published: 23 December 2019
