Weekend Read: Fostering a company culture in a hybrid world June 26, 2021 After three lockdowns, more than a year of home working and an unprecedented vaccine rollout, firms of all sizes are slowly, cautiously, reopening and welcoming staff back to the office. But this mass return to the traditional workplace will be tough for managers and leaders on a number of levels. Motivation levels may be low, [...]
Pandemic pushes pay raise and promotion anxiety among workers June 25, 2021 The pandemic has stood in the way of employees seeking pay raises and promotions, studies suggest, as lockdowns have knocked personal confidence and rocked company budgets. A survey shared with City PM by Love Energy Savings, which polled 1312 UK employees, found that one in three people are less comfortable asking for a pay increase post-pandemic, compared to [...]
Bow Lane: Party time in EC4 as City celebrates return of office workers June 25, 2021 To celebrate the return of office workers to the Square Mile, the Bow Bells Association organised a street party yesterday in one of the oldest streets in the City, Bow Lane. Opened by the Lord Mayor Alderman William Russell, together with Bow Bells Association chairman James Goolnik, the Bow Bells sounded to start the party, [...]
Exclusive: UK employees work £4.2bn in unpaid overtime every week as free labour soars during pandemic June 23, 2021 The amount of unpaid overtime that each UK worker is doing has jumped to an average of eight hours per week during the pandemic, according to a new study. The ADP Research Institute’s People at Work 2021 study, seen by City PM, found that UK employees are working two hours more unpaid overtime per week [...]
More than eight in 10 UK firms plan on hybrid workforce after the pandemic June 23, 2021 Some 84 per cent of UK businesses plan on having a hybrid, flexible or remote workforce after the pandemic, according to new research. The State of Hybrid Work study, carried out by tech firm Owl Labs and covering 500 business leaders, found that only 16 per cent of companies expect workers to return to the [...]
Back to work call is up to businesses, not the government, CIPD boss says June 22, 2021 The back to work call is up to businesses, not the government, the Chartered Institute of Personnel and Development (CIPD) chief has said today. After Covid-19 completely overhauled traditional workplace life, the question of whether working from home should become a legal right has emerged now that the end to restrictions is on the horizon. [...]
Hospitality hiring crisis drives up wages by 14 per cent as venues turn to temporary workers June 22, 2021 Hiring bottlenecks in the UK’s hospitality sector are prompting pubs and restaurants to turn to temporary staff to keep up with demand. It has also forced companies to increase wages by as much as 14 per cent, according to new research from Indeed Flex, an online marketplace for flexible workers. Analysis of pub, bar and [...]
UK financial sector calls for caution over any work from home law June 21, 2021 How people divide their working hours between home and office should not be forced into law, senior financial services industry officials said today. Britain has hinted that it may legislate to allow employees to work flexibly by dividing their time between the office and home, despite the government previously pushing back against suggestions that it [...]
Workers should be given the right to disconnect after home work, says Labour June 19, 2021 Workers should have a right to disconnect from work at the end of the day to ensure homes do not become round-the-clock offices, Labour has said, as well as a right to work flexibly. Workers should be able to switch off at the end of the day, meaning having a reasonable expectation of not having [...]
Businesses with diverse workforce reap 58 per cent higher revenue, study shows June 9, 2021 UK businesses who treat their employees equally, regardless of race, reported up to 58 per cent higher income than their counterparts, according to a new report released by Henley Business School. The new research highlighted that companies with targeted measures specifically aimed at supporting employees from ethnic minorities recorded better staff output and loyalty, as [...]
