Why your highest-paid workers are the least reliable during the summer June 2, 2015 When the sun comes out next week, keep an eye on your top executives – it turns out they're the ones who are most likely to award themselves a cheeky couple of hours off, new research has shown. The study, by business-to-business market place Approved Index, shows that of those earning the highest salaries – £50,000 [...]
Cambridge, Guildford and Reading: These are the UK cities where getting a job is easiest June 1, 2015 If you want to play the odds when going for a job, you might want to focus on some of the major satellite cities around London. The cities with the highest number of jobs per applicant were found in the south of England. Cambridge had just 0.11 jobseekers per vacancy, while Guildford had 0.15. People living [...]
Professional hiring on the up as salaries in engineering and finance rise May 31, 2015 Finance and accounting staff are in growing demand as Britain’s economic recovery takes off, recruiters at the Association of Professional Staffing Companies (APSCO) revealed today. The number of vacancies for professionals on recruiters’ books is up 16 per cent on the year, with finance and accounting positions up 11 per cent. Salaries for new finance [...]
Competition for UK workers climbs in April as job vacancies rise May 31, 2015 The UK’s job market tightened further in April, with the number of vacancies climbing and the number of jobseekers falling. There were 1,033,435 job vacancies in April, according to figures released today by job search site Adzuna.co.uk. It marks a post-recession high and is 25.6 per cent more than in the same month [...]
Boom in the City as professional services output increases quickly May 28, 2015 Business services firms are seeing a boom on a scale not experienced for almost a decade, with sales volumes rocketing and hiring up, according to a study today from the Confederation of British Industry (CBI). Profits are picking up sharply at accountancy, law and marketing firms, with 39 per cent of business and professional services companies [...]
What was in the 2015 Queen’s Speech, bill-by-bill May 28, 2015 A full employment and welfare benefits bill aiming to create 2m more jobs and 3m more apprenticeships An enterprise bill to cut red tape and help small and medium-sized businesses resolve late payment disputes A personal tax allowance bill raising the personal allowance to £12,500 and linking future increases to the minimum wage A finance bill [...]
Reforming UK executive pay is tortuous, but worthwhile May 27, 2015 Like electing a boss of Fifa whose surname isn’t Blatter or extracting an apology from Thomas Cook, reforming executive pay in the UK is a tortuous process. Vince Cable, the last Business Secretary, had a decent stab at it, introducing a binding vote on pay policies which yielded initial dividends in recalcitrant boardrooms. [...]
Disposable incomes in London lead UK despite financial crash May 27, 2015 London’s disposable incomes are highest at £22,516 on average Disposable incomes in London pulled further ahead of those in the rest of the country over the past 15 years, official figures showed yesterday, despite the capital being the epicentre of the financial crisis. Spending power across the UK has grown enormously since 1997, with [...]
Prudential says men can expect to earn their first million by 50 – 19 years before female colleagues May 27, 2015 A man on average income will earn his first million nearly two decades before an average female worker, according to new analysis from Prudential out today. The insurance company crunched the numbers from the latest Office for National Statistics (ONS) survey of hours and earnings, finding that male workers earn £1m by the time they [...]
Queen’s Speech 2015: Let’s hope the Tories are saving the radicalism for the Budget May 27, 2015 We were told we’d never see such a sight again. Majorities were a thing of the past, they said, and coalition politics was here to stay. And yet there it was yesterday – resplendent in all the finery and pageantry that the British state can muster – a legislative programme for a majority Tory government. [...]