Businesses paid out an estimated £3.8 billion to employees who were laid off in 2016/17*, says Hugh James, the Top 100 law firm. Hugh James says that although the value of redundancy payments has declined over the last year, from £4 billion in 2015/16, businesses are still making the decision to pay out high redundancy costs in the short term in order to increase profitability over the long term.
Published: 20 March 2018
Recent labour market statistics published by the Office for National Statistics (ONS), based on data from October-December 2017, show that both the number of unemployment and the number of vacancies have increased while real wage growth is still falling. Contributor Tom Hadley.
Published: 25 February 2018
List of Buzzwords for talent professionals revealed HR and recruitment professionals are highlighting skills and experience over personal strengths.HR and recruitment professionals were using new words like ‘skilled’ and ‘motivated’ to describe themselves. In contrast, ‘focused’ and ‘excellent’ - which featured in fourth and seventh place last year - have dropped off the 2017 list.
Published: 13 February 2018
Freelancing is popular with those adopting the lifestyle, with 60 percent believing it’s a good career move. With the option of flexible hours, working from home and being your own boss, it’s no surprise that many people are turning to freelancing instead of the traditional nine to five for income. In
Published: 11 February 2018
Contributor REC More than a third (35 percent) of respondents think that the country’s economic conditions are getting worse, while only one in five (22 percent) think they are improving. The net balance of hiring and investment decisions has also fallen by two points to nine.
Published: 8 February 2018
According to the Office for National Statistics, UK unemployment fell by 3,000 to 1.44 million from September to November 2017, taking employment to its joint highest level since comparable records began in 1971. But average wages in real terms - compared to inflation - fell by 0.5 percent compared with the previous year.
Published: 6 February 2018
Professional recruitment firms reported that overall vacancy numbers for contract roles dipped by 9 percent in November 2017, while demand for permanent professionals remained largely stable, increasing by 0.4 percent year-on-year, according to new survey data from the Association of Professional Staffing Companies.
Published: 10 January 2018
Poor management is the biggest driver of discontent, with 49 percent of employees citing it as a reason they would ... View Article
Published: 9 January 2018
In the UK, meaningful work emerged as the single largest contributor at 30 percent, 3 points above the global average. Meaningful work ensures that employees’ skills and talents are being fully utilized and there is greater alignment to shared, core values.
Published: 28 December 2017
This is an extremely valuable contribution to the debate about self-employment and the gig economy. For too long, confusion has reigned because of the lack of a clear definition of self-employment, which leads to individuals and businesses being forced to seek clarity through expensive and time-consuming court hearings.
Published: 8 December 2017