The UK job market has experienced significant challenges throughout 2023, marked by a drastic reduction in job vacancies across various sectors.A total of 226,000 fewer vacancies were recorded from October to December 2023 compared to the same period in 2022.Transport and storage industries faced the highest decline in vacancies, with a reduction of 36.5%.Information and communication, arts and entertainment, and financial services also saw substantial decreases in job openings.Economic factors such as inflation and rising operational costs have been major contributors to the downturn in vacancies.The UK job market has been under considerable pressure over the past year, experiencing a…
Author: Sam Allcock
Exploring the challenges and strategies for engaging employees in remote and hybrid work settings.Increasing hybrid and remote work models prompt leaders to question how to maximise employee potential.A significant decline in work attitudes, with many viewing jobs as mere money-making means, highlights the need for change.Human-centred leadership emerges as crucial for enhancing employee motivation and creating a positive workplace.Intrinsic motivation, driven by autonomy, competence, and relatedness, is essential for employee satisfaction.As organisations increasingly adopt hybrid and remote work setups, leaders are confronted with the pivotal question of how to harness the best from their workforce. The shift in working conditions…
Valentine’s Day brings romance into focus, and the workplace is not immune to cupid’s arrows.A study by Runway East reveals that 45% of office workers have met a significant partner in the office.40% of employees believe they know two colleagues who would make a perfect couple, highlighting the office as a matchmaking hub.Flexible workspaces increase the chances of meeting new people, enhancing romantic prospects in the workplace.Office romances are often more successful than those initiated through friends or digital platforms.As Valentine’s Day sparks thoughts of romance, it becomes evident that the office environment plays a crucial role in the love…
The phenomenon of ‘ghosting’ is not limited to dating but has infiltrated the job market, affecting both employers and jobseekers.Recent research reveals that an overwhelming 86% of job applicants have no-showed for interviews without any prior notice.Particularly among younger generations, ghosting has become a common practice, with varying motivations between Gen Z and Millennials.Employers face significant challenges due to this trend, affecting hiring efficiency and team wellbeing.The misalignment between employer strategies and jobseeker expectations is a key factor driving ghosting in the workplace.The phenomenon known as ‘ghosting’, wherein individuals cease all communication without explanation, has extended beyond personal relationships into…
Navigating the complexities of modern business demands effective leadership, akin to a compass in uncharted waters. Korn Ferry Assessments have emerged as crucial tools in identifying and nurturing these leaders.Renowned for their comprehensive evaluation, these assessments provide organisations with insights into leadership qualities and potential.A range of tools such as questionnaires and simulations aids in identifying strengths and areas for development.Korn Ferry Assessments enhance leadership development programmes by offering tailored learning and focused development.These assessments are instrumental in succession planning, allowing for informed, unbiased decision-making.Navigating the complexities of modern business demands effective leadership, akin to a compass in uncharted waters.…
A recent survey highlights the need for better rewards and benefits in the workplace.Twenty percent of employees are seeking improved rewards from their employers.Twenty-three percent of respondents desire enhanced benefits options.A majority, 80%, feel more valued with tangible rewards.Employers exploring gift options must consider employee preferences.Ensuring employees feel valued and appreciated is vital for fostering trust and loyalty within the workplace. A survey conducted by Blackhawk Network illustrates a significant demand for improved rewards and benefits. Specifically, 20% of surveyed employees expressed a desire for enhanced rewards, while 23% called for better benefits options. Additionally, an overwhelming 80% indicated that…
Sainsbury’s unveils a strategy update focused on food, loyalty, and investment to boost profits and efficiency.Building on its ‘Food First’ plan, Sainsbury’s aims to enhance customer engagement by expanding its food range across more stores.The retailer plans to revamp its loyalty programme, Nectar, to offer a more integrated and rewarding shopping experience.Sainsbury’s seeks to increase Argos’ presence and customer interaction by enhancing product offerings and digital capabilities.A £1bn cost-saving initiative will fuel technological advancements, focusing on automation and improved customer service.Sainsbury’s has unveiled its new strategy, aiming to elevate its performance by prioritising food offerings, the Nectar loyalty programme, and…
Andrew Jackson Solicitors LLP has strengthened its contentious probate team with the addition of Mandy Anfield as a consultant.Mandy Anfield is widely recognised for her expertise in property disputes and contested probate claims.With an extensive career, she is known for navigating complex will disputes and inheritance act claims.Her appointment reinforces the firm’s commitment to providing high standards of service and value.Her reputation is backed by Hugh Smith, highlighting her proactive and client-focused approach.Andrew Jackson Solicitors LLP has announced the appointment of Mandy Anfield as a consultant in their contentious probate team. This move signifies the firm’s commitment to bolstering their…
The joint Advice Guidance Boundary Review aims to tackle the advice gap, aiding individuals in financial decision-making.FCA and Government proposals seek to empower employees with better financial support and understanding.Employers increasingly offer financial education and guidance programmes in the workplace.One-to-one guidance and educational seminars are proving beneficial for employee financial literacy.Due diligence on financial service providers ensures quality and regulatory compliance for workplace guidance.The joint Advice Guidance Boundary Review, initiated by the FCA and the Government, is focused on bridging the ‘advice gap’. This gap signifies the challenges individuals face in recognising the necessity of financial support. The proposals presented…
The concept of a four-day workweek has sparked debate and interest among businesses and employees alike.Recent controversies highlight governmental opposition to this practice, while some councils report positive outcomes.Surveys indicate a strong employee preference for reduced working hours due to benefits like improved work-life balance.Case studies from companies such as Awin and Tyler Grange showcase increased productivity and employee satisfaction.However, industry-specific challenges suggest the four-day workweek may not be universally applicable.Recent political controversies have arisen regarding town hall practices, leading to government warnings against adopting a four-day workweek. Despite governmental reluctance, certain councils have experienced benefits such as enhanced recruitment…