Three out of four Brits consider new job or career change as cost of living crisis messes up their lives April 4, 2022 New research shared with City A.M. this morning suggests that a record three out of four workers are considering a new job because of the cost-of-living crisis. Jobs site CV-Library said its study indicated that pay was now the main driver for people thinking of finding different work. Its survey of more than 4,000 professional [...]
Businesses fear losing staff over lack of hybrid working options April 1, 2022 The pandemic has shifted working patterns towards a hybrid office-home balance, with many employers now worried about losing staff without offering both options. With almost 20 per cent of firms now expecting workers back in the office full-time, according to a new report by Poly, many are considering options that offer more flexibility. The report [...]
Government urged to launch public inquiry into P&O scandal April 1, 2022 The government has been urged to launch a public inquiry into the P&O scandal, during which almost 800 workers were made redundant. The Liberal Democrats have written to the cabinet secretary Simon Case calling for immediate action so “families can get the answers they deserve”, after hundreds of people lost their jobs and were plunged [...]
Nearly a quarter of working Brits considering retirement due to pandemic stresses March 15, 2022 Almost a quarter of working Brits are considering retirement as a result of the pandemic, while seven out of 10 would be fine with less social interaction. The toll of restrictions on people’s wellbeing is causing thousands to reconsider career paths in a bid to reduce stress and anxiety. A monthly mental health index published [...]
Number of Brits in jobs up by 275,000 people to record 29.7m March 15, 2022 The number of UK workers on payrolls rose by 275,000 between January and February to a record 29.7 million, the Office for National Statistics said this morning. Grant Fitzner, chief economist at the Office for National Statistics, said: “The labour market continues to recover from the effects of the pandemic, with the number of unemployed [...]
Charity supporting young disabled people into work gets £100k boost from City March 14, 2022 A London charity supporting young disabled people’s job prospects has received a £100,000 boost. Bromley Mencap was given the funding from the City of London Corporation’s charity funder, City Bridge Trust, following unprecedented demand during the pandemic. The organisation received 1,200 new referrals last year – a 100 per cent increase, and will put the money [...]
Automation and decarbonisation could further deepen poverty in London March 14, 2022 Increasing automation and a move to a greener economy could further deepen inequality in the capital post-pandemic. The gap between’s London’s poorest and richest widened during coronavirus, with people claiming unemployment benefit substantially above the national average. As companies seek to recoup lost profits from the pandemic, many are turning to automation of roles, thanks [...]
Four in ten Brits consider job change to counter higher cost of living and rising inflation March 11, 2022 Almost forty per cent of people polled this week have considered changing jobs to counter rising inflation and costs of living. Pressures are showing on people’s wages and mental health, with leading employment board Totaljobs urging employers to support their workers through difficult financial times. In a survey published this week, 37 per cent of [...]
Influx of foreigners: Rapid rise in hiring and relocating overseas talent to the UK due to severe shortage of job candidates February 23, 2022 A severe shortage of job candidates in the UK is fuelling a rapid rise in the number of British employers seeking out international talent to fill their vacancies and offering them more support in their move to a new country and city. Relocation platform PerchPeek told City A.M. this morning that it has seen a 327 per cent [...]
Less time but no pay cut: Wales looking to introduce four day work week February 15, 2022 The Welsh government is mulling to embrace a four day work week for most employees across the British nation. According to Sophie Howe, who is Wales’ future generations commissioner, a shorter work week at full pay would lead to a healthier work-life balance and give productivity a boost, as well as creating 38,000 new jobs [...]