Tech sector faces recruiting struggles amidst skills shortage crisis after global layoffs
The tech sector was forced to reorganise twice, at first due to higher demand and then because of inflation, leaving over 55,000 unfilled positions.
Strong UK pay growth boosts chance of Bank of England rate rise
British wages rose faster than anticipated last month, in a move that economists judge may tip the Bank of England towards a further rise in interest rates next month, despite an unexpected increase in joblessness too.
The 2023 Gender Pay Gap report shows little progress has been made
Analysis from the World Economic Forum last year estimated it would take 132 more years to close the gender pay gap - a disparity which has made little progress this year.
Employees with strong connections to their companies adapt better for future job transitions
According to a study, workers who develop a sense of connection with their firm early on perform well during job transitions within the same company.
Whilst hybrid working is here to stay, employees still value time in the office
Hybrid working has seen a permanent increase post-pandemic. Whilst this is important to employees, recent findings from a survey suggest they also value time at the office.
UK recruiters slow pace of pay growth in March, REC survey shows
Britain's labour market showed signs of a slowing in the sharp pace of pay growth in March and a shortage of candidates eased for the first time in two years, according to a survey of recruiters published on Wednesday.
Ways employers can support their employees as real wages continue to fall
As both businesses and individuals suffer from the high cost of living and inflation of 10.4 per cent, employers can support their employees in many ways without breaking the bank.
Why do 71% of UK professionals wish to return to their pre-Covid employers?
Many UK employees are willing to return to their pre-covid employers. However, managers are reluctant to rehire former staff in the current labour crisis.
Environmental concerns pressure IT leaders to improve data storage
A new report by NetApp highlights the financial costs and environmental problems created by surplus data stored by UK firms.
UK companies are turning to contract workers
As the UK grapples with economic instability and a widening skill gap across various sectors, companies are taking a closer look at their hiring strategies and favouring the employment of temporary staff.
Women in the workforce need to show more evidence of skills than men
Research by Mannheim Business School found that observable signals of professional and educational qualifications are more important of women's career advancement than mens.
Analysis-HSBC, Goldman gender pay gaps widen in UK as finance makes slow progress
HSBC, Goldman Sachs, Morgan Stanley and Standard Chartered reported a widening in the gap between what they paid women and men in 2022, according to data reviewed by Reuters.
Jury orders Tesla to pay $3.2 million to Black ex-worker in US race bias case
A federal jury in San Francisco on Monday ordered Tesla Inc to pay about $3.2 million to a Black former employee after the electric-vehicle maker was found to have failed to prevent severe racial harassment at its flagship assembly plant in California.
UK businesses are struggling to improve their finance teams
The increasing importance of data analysis is changing the priorities of finance teams, with 81 per cent of senior decision-makers saying they needed access to better quality data to support the running of their finance function.
Job adverts are high - though the UK economy faces labour and skills shortages
The total number of job adverts remains high as the UK government tries to entice individuals back to work with spring budget measures.
How the UK government anti-drug abuse programs will benefit everyone
Eradicating drug use completely is impossible, but the UK government can do much to minimise the amount that reaches the streets. Businesses are suffering and families are being torn apart.
Is a four-day workweek the answer to a more efficient and healthier work environment?
In a recent survey released by Hays, many employers have stated that they are open to a shorter working week to improve flexibility and their employees' efficiency.
What businesses should know about the Employee Relations Bill
The Employee Relations (Flexible Working) Bill aims to enable more people to request flexible working, giving them the legal right, even though they are not legally entitled to receive it.
Five tips for family businesses as UK skills shortage at record high
The Business Name Generator team has provided five tips for family businesses as research shows four in five UK businesses struggle to find talent.
Is communication the key to retaining talent amongst current economic turmoil?
As worker shortages plague the UK economy amidst a cost of living crisis, new research shows good communication is key to talent retention.
Around 1,400 offshore oil and gas workers in UK threaten strike over better job conditions and pay
The strike call by the offshore oil and gas workers is set to hit several rigs from March 29 and until June 7 in a series of 24, 48 and 72-hour stoppages.
Recent data shows gender pay gap is still prevalent
There is more transparency around gender pay gap reporting, which will help address the gap. However, pay differences persist in both the US and the UK.
UK inflation surprise pressures BoE to raise rates again
British inflation unexpectedly rose to 10.4% in February, pushed up by higher food and drink prices in pubs and restaurants, according to official data which is likely to prompt the Bank of England to raise interest rates on Thursday.
Job seeker confidence 'higher than during the Financial Crash', new research shows
Jobseekers remain optimistic about their job security and career progression prospects, according to the Robert Half Jobs Confidence Index.
Women in power in 2023: New data shows progress but gender-gap still present
The 67th Session of the Commission of the Status of Women this year pushes for gender equality in the digital age, and the empowerment of women across STEM and Politics.
UK employers feel the strain of missing skilled workers
Frustrated with England's education system, Simon Biltcliffe spends a lot of time training new hires at his marketing firm in the "soft skills" he and many employers say the country's sluggish economy badly needs.
Hybrid working is not affecting employees' physical activity levels, according to research
Research shows that the physical and mental health of employees are not negatively impacted by hybrid working, with the Strategic Sales Manager at Banner, Jason Thomas, recommending employers encourage hybrid working.
Britain's early retired resist calls to work, despite higher living costs
In their fifties and deciding there was more to life than work, Liz and Ian Woodbridge quit stressful jobs during the pandemic - part of a cohort of British early retirees now resisting a government call to return, despite rising living costs.
British labour market, and pay growth, slow in February - REC
Britain's labour market showed further signs of cooling as permanent job placements fell for the fifth month in a row in February and pay growth slowed, reflecting employers' concerns about the economy, a survey published on Wednesday showed.
British firefighters accept new pay deal, averting strikes
British firefighters have voted to accept an improved pay offer from fire service employers, their trade union said on Monday, averting the possibility of more disruptive strike action in a critical public service.