Morrisons to cut sick pay for unvaccinated staff amid rising costs September 10, 2021 Morrisons, the fourth biggest UK supermarket, will cut sick pay for unvaccinated employees who need to self-isolate in a bid to limit the “biblical costs” of the pandemic, according to reports. The news comes as the supermarket readies itself to be auctioned off next month and after it reported a slide in interim profit before [...]
Lloyd’s chief: City firms owe it to younger employees to get back to office September 10, 2021 The City of London has a duty to get employees back to the office so that younger staff don’t miss out on career development and learning from their seniors, the Lloyd’s of London chief executive has said. John Neal, who heads up the insurance giant, called for more people to return to the Square Mile [...]
Facebook accused of gender discrimination in job adverts September 9, 2021 Campaign groups have accused Facebook of breaking UK equality laws by allegedly allowing businesses to target job ads based on gender. Campaign group Global Witness submitted complaints to the Equality and Human Rights Commission (EHRC) and Information Commissioner, after finding that posts for jobs, traditionally associated with particular genders such as mechanics or psychologists, were [...]
Exclusive: Young professionals back the office over the living room September 9, 2021 London’s young professionals would rather work full time in an office than either permanently from home or in a “hybrid” arrangement, new data has found. According to new data from LinkedIn, shared exclusively with City A.M., 44 per cent of those aged 16 to 34 would choose to be in their actual offices for all [...]
Costa Coffee lifts wages by 5 per cent amid staff shortages September 9, 2021 Costa Coffee has boosted pay by 5 per cent and announced 2000 job vacancies as staff shortages hit the hospitality sector. From 1 October, the company’s 14,500-strong staff will be given a pay rise as the company prepares for a busy festive season. Fully trained baristas will see their pay go up by 64p per [...]
KPMG wants nearly a third of staff to be from working class backgrounds September 9, 2021 In a first for a large business in Britain, KPMG has set a target for 29 per cent of its UK partners and directors to come from a working class background by 2030, the company said in an announcement today. Currently less than a quarter of KPMG’s partners, and a fifth of its directors, are [...]
Exclusive: Home improvement boom gives SME construction a 35 per cent lockdown boost September 9, 2021 The home improvement boom experienced during three strict lockdowns has led to a 35 per cent increase in sales for SMEs in construction, according to new data that was shared exclusively with City A.M. today. Figures from almost a quarter of a million invoices recorded by 915 trade SMEs has shown that the average invoice value [...]
Six questions to figure out if your money is working as hard as you are September 8, 2021 | Sponsored At home, in the office, or in a mixture of the two – wherever you work, it’s a fair bet you’ve worked harder than ever over the past year or so. But is your money putting the hard yards in too? Making your money work harder could help you reach your goals more quickly and [...]
Three brilliant roles to apply for this week September 8, 2021 Are you looking for a new job at the moment? It’s pretty exciting, but it can also be pretty overwhelming. People always say that looking for a job is like a full time job itself, and we couldn’t agree more. Which is why we want to help where we can. We have a brilliant job [...]
Hybrid working: Out of office… forever? September 8, 2021 | City Talk During lockdowns, many started working from home for the first time. Now, 91% don’t want to go back to the office full-time. With hybrid models of work being adopted by many, Christian Koch talks to leading CAs about the chances of a new workplace revolution… This article first appeared in ICAS’ CA magazine. What does [...]
