AI skills gap deepens across genders and generations
A new report by global HR firm Randstad reveals that while 75 percent of companies are adopting artificial intelligence (AI), only 35 percent of employees received any AI training in the past year. This limited access to AI skills training, particularly among women and older workers, poses a challenge as the demand for AI-related roles […]
Half of managers with children consider quitting over ‘parent guilt’
New research by Avilio, a productivity and performance coaching provider, has found that half of managers who are also parents are considering leaving their roles due to challenges balancing work with family responsibilities. The study was conducted through an independent survey of 739 UK managers, including 392 parents. Among respondents, 72 percent of managers report […]
Most managers fail to notice employee dissatisfaction
More than half of managers are failing to notice employee dissatisfaction at work, a report has found. Research by UKG revealed that workplace culture drivers such as staff morale and job satisfaction are poor, with three in five (60%) of UK frontline workers unhappy with their current employee experience. The global HR, payroll and workforce […]
A new study shows that nearly 1 in 4 UK SME’s consider remote working to be a major cybersecurity concern.
Markel Direct, a specialist insurer for small businesses, conducted a study that revealed nearly one-fourth of SMEs were concerned about the security of remote working environments. In the survey, 500 SME owners were asked to describe their challenges in cyber security. The results showed that 23% of SMEs are concerned about remote working. The survey […]
Budget-related cost increases are threatening more sectors
Following the increase in employer’s costs announced by the chancellor, more sectors have expressed concern about the impact on business. The price increases are threatening to close hairdressers and nurseries, who say they will be forced into the red and lose their profitability. The budget increases the employer’s national insurance rate by 1.2% from 13.8% […]
As vacancies continue to decline, wage growth has slowed slightly.
According to official statistics on the labour market, wage growth has continued to decline in the three-month period ending September. However, it is not falling as quickly as expected. According to the Office for National Statistics, the UK’s pay growth, excluding bonuses, was 4.8% for the three-month period ending September. This is slightly lower than […]
Why employees do not want to work in a “family” environment
Businesses love that they give people the opportunity to become part of their workplace family. They want to feel connected to all the warm feelings and to know that their recruits will be part of an enjoyable team. Most people spend more time with their family at home than at work, so a sense that […]
Herbert Smith Freehills & Kramer Levin Law Firms to Merge
Herbert Smith Freehills announced plans to merge US firm Kramer Levin, making it one of the top 20 law firms worldwide. Both firms say that the strength and scale of Herbert Smith Freehills in the UK, Asia-Pacific, and EMEA plus Kramer Levin’s reputation in the US will create an outstanding offering for their clients. Herbert […]
More than half of UK Employers Under Pressure to Increase Pay
A new study reveals that more than half of UK businesses (53%) have seen wage costs increase over the last 12 months. According to a study by SD Worx, 44% of employers are facing the greatest payroll challenge – rising wage pressure – even though the Office for National Statistics’ data shows that the pay […]
Direct Line cuts 550 jobs worldwide
Direct Line Insurance Group announced that it will be cutting 550 jobs globally due to the difficult trading conditions. The business will lose 5% of the global workforce as a result of the motor insurance division not performing to expectations. The British insurer claims that the cost-savings will be PS50 million by 2025. This includes […]