Businesses face employment compliance risks with the rise of gig workers
Employers may be exposed to employment compliance risks when freelancers and gig workers engage in activities such as outsourcing their assigned tasks.
Rising energy costs have caused 40% of British firms to stop hiring
To mitigate the impact of the rising energy costs, some UK firms have halted their recruitment of new staff, and others are downsizing their workforce.
UK Inflation continues to threaten hospitality businesses despite improved CPI figures
As UK CPI figures show a slight ease in inflation, businesses in the hospitality industry face a tough year ahead with food prices persistently high.
Reducing time to hire remains a key trend in HR tech search
Recent data demonstrate that organisations are still trying to reduce the time-to-hire rate and fill key roles in a short period of time amidst a tight talent market and despite a slowing economy.
How UK gig workers are navigating the dynamics of the unique British labour force
Many gig workers enjoy working on their terms but have to bear the burden of lower wages. However, employers are still turning to the gig sector to cut labour costs.
BuzzFeed to close news operation
Shares in BuzzFeed, known for its viral content and journalism, plunged more than 20 percent on Wall Street following the news.
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.
Wall Street is divided over impact of strong Chinese economic growth
Earlier this week, the US received encouraging economic indicators. However, analysts are considering the pros and cons as Chinese growth also beat expectations.
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.
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.
The Resilience of UK SMEs - How small businesses can navigate economic challenges
Despite the tough economic challenges that have rattled the UK in recent years, opportunities are ripe for UK SMEs to innovate and flourish like never before.
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.
The cost of childcare is driving women out of the workforce
The government is trying to encourage stay-at-home parents to return to full-time work with the new 30 hours of free childcare plan, after the increasing childcare and cost of living forced women out of work.
Wall Street ends mixed with inflation data, earnings on tap
U.S. stock indexes clawed back from steep losses to a mixed close on Monday as investors digested Friday's employment report and prepared for an eventful week of inflation data and bank earnings.
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.
Dollar struggles near 2-month low on weak data; focus on RBNZ
The U.S. dollar was stuck near two-month lows on Wednesday as weak economic data bolstered views that the Federal Reserve is near the end of its monetary tightening cycle.
Gendered perspectives are crucial for women's security in public transport
Having equitable access to transportation can make a big difference in increasing women's productivity and promoting gender equality, according to recent data by Rumbo.
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.
Nepal bans solo travellers from trekking mountains without guides
Nepal has decided to impose more regulations to increase the safety of the thousands of tourists that visit the Himalayan state every year.
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.
Experts claim AI set to eliminate 300 million jobs
Recent advances in technology have taken the world by storm, with companies launching their own versions of artificial intelligence apps for different tasks.
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.
Bank of England raises rates, says inflation set to fade
The Bank of England (BoE) raised interest rates for the 11th time in a row on Thursday, but said a surprise resurgence in inflation would probably fade fast, prompting speculation it had ended its run of hikes.
UK inflation sucker-punches the BoE, while sterling bulls cheer
Bank of England policymakers will not have looked at Wednesday's inflation data with the same enthusiasm as sterling traders, who took advantage of a shock jump to push the pound up, confident that a rate hike this week is now a done deal.
If 70–80 per cent of the rich are self-made – what about the mass of 'ordinary' millionaires?
The National Study of Millionaires found out that 74 per cent of millennials believe that millionaires inherited their money and more than half (52 per cent) of baby boomers think the same.
Pakistan in Economic Purgatory: The Way Out Depends on Human Development
Although it is in the headlines for political turmoil, Pakistan is facing its worst-ever financial crisis. Even officials have uttered the taboo word: Default?
Australia employment rebounds in Feb, jobless drops back to near 50-yr lows
Australia employment rebounded strongly in February after two months of declines, while the jobless rate fell back to near 50-year lows, suggesting the country's labour market remained tight amid a slew of interest rate hikes by the central bank.
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.
As hawkish Fed pricing goes away, bullish dollar calls fade
Emergency measures by the Fed and the U.S. government on Sunday to guarantee bank deposits have failed to reassure markets after Silicon Valley Bank and Signature Bank collapsed.