National Apprenticeship Week: Transforming skills
As National Apprenticeship Week comes to an end, Nichola examines the importance of skills and how a greater focus on skills than predefined roles creates a dynamic and flexible workforce. As highlighted in the World Economic Forum’s recent Future of Jobs report, the current economic environment presents significant challenges to both businesses and workers. The […]
JP Morgan faces desk shortages after office return mandate
JP Morgan’s London headquarters is struggling with desk shortages after demanding that its 22,000 UK workers return to work. The Telegraph reports that despite a company directive to stop working from home, the Canary Wharf offices of the investment bank cannot accommodate all its 14,000 London-based employees. The bank operates seven offices across the UK. […]
How to deal with the challenges of remote working in 2025
All sectors continue to focus on the facilitation of remote and hybrid working. Although this provides employees with much-needed flexibility, leading platforms and infrastructure have a way to go to be truly optimal in the long run. If workers are left alone for too long, they may feel disconnected from their projects and daily operations. […]
Elizabeth Line train drivers to vote for strike on 27 February
The Elizabeth Line train drivers will strike for four days in the next few weeks over a pay dispute. Aslef members will be on strike for the following dates: Thursday, 27 February, Sat, 1 March, Sat, 8 March, and Monday, 10 March. The drivers on the line rejected a pay rise of 4.5% cents. On […]
Barclays doubles CEO salary and gives shares to 90 000 staff
Barclays doubled the CEO’s salary to PS10.5m, while its top performers shared a bonus pot worth PS1.9bn. After revealing an increase in profits before tax in 2024, the high-street lending company will also award shares worth PS500 each to 90,000. According to the firm’s accounts, CS Venkatakrishnan was awarded PS4.64m by 2023. This means that […]
The Federal Employee Deferred Resignation Programme closes
The Trump administration announced that it will no longer accept entries for a controversial scheme called ‘deferred resigning’, which offered federal employees financial incentives to quit their jobs. The “buyout” program, designed to reduce the number of US Government jobs and encourage employees to return to work, provided an eight-month pay for those who chose […]
HMP Fosse Way removes employment barriers for former inmates
Max Rumley is the head of Serco’s reoffending reduction program at HMP Fosse, where he discusses how an operations management operation run by prisoners shows off the benefits of employing and training ex-offenders. Ex-offenders face a particularly difficult time finding work, as many UK recruiters report a decline in job vacancies by 2025. What is […]
Goldman Sachs ends diversity rule as it ‘served its purpose’
Goldman Sachs has scrapped an internal diversity rule that required companies to have at least two diverse board members, one of whom had to be a woman, before the bank would advise on their stock market flotation. Vice Chair Richard Gnodde stated that the policy, introduced in 2020, had “served its purpose” by encouraging businesses […]
Software company launches cloud-based payroll system
HR, payroll and benefits software provider Ciphr has unveiled its new real-time payroll software, designed to simplify payroll processing for the private sector. Ciphr payroll has been created by payroll professionals, for payroll professionals. A revamped and upgraded version of the technology underpinning Shape payroll, which Ciphr acquired last year, the new platform boasts […]
AI and automation are top priorities for HR professionals
AI is being adopted by HR departments. 74 percent are using AI tools or plan to do so. 60 percent of the HR professionals view AI and automation as their highest strategic priority in the next two-year period. These findings come from Avature’s new study, State of the HR Landscape by 2025. This survey surveyed […]