Return to work: Midweek-only office workers gain a new moniker October 4, 2021 Last Thursday was the busiest day for Farringdon, Canary Wharf, Bank and Monument stations since the pandemic began, as London’s commuters adjust to a new world of hybrid working Almost a hundred thousand people travelled through Bank and Monument stations. And since City workers were encouraged “back to school” from the beginning of September, footfall [...]
Exclusive: Minister is ‘very optimistic’ people will not be told to work from home in winter October 4, 2021 It is unlikely the government will tell people to work from home this winter, London minister Paul Scully has said. Scully told City A.M. today that he was “very optimistic” the government will not have to mandate working from home as a part of its Covid “plan b” for winter. Boris Johnson last month outlined [...]
Tsunami of turnover: Half of UK employers brace themselves for widespread employee ‘burnout’ October 4, 2021 The dramatic changes that the pandemic has brought about is prompting nearly one in two UK employers to prepare themselves for widespread employee ‘burnout’ next year. Nine out of 10 of 300 chief executives and other senior managers surveyed said they were wary about their company’s ability to retain valued staff. Recruiter Robert Half said [...]
London, Paris and New York: The cities that migrate faster to flexible working October 3, 2021 New York, Paris, London, Berlin and Frankfurt are primed for a faster transition to hybrid working, given the comparatively high office costs, already flexible working practices and extended lockdowns earlier this year and in 2020. On the other hand, less flexible working cultures in Mumbai, Shanghai and Ho Chi Minh City mean that any transition [...]
BDO: Hybrid working could bring a needed boost social mobility September 30, 2021 Hybrid working could boost social mobility in the UK, according to new research, as young people from disadvantaged backgrounds favour the pandemic-era model more than those who are wealthier. Over a third of those surveyed from lower-socioeconomic environments think hybrid working can give them a better work-life balance, 10 per cent more than 16 to [...]
Over two thirds of lawyers have battled with mental health problems September 28, 2021 More than two thirds of lawyers in the UK have suffered from mental ill-health, and the majority are at a high risk of burnout, a new report by a lawyer wellbeing charity has found. The report by LawCare, published today, contained the results of a detailed survey of over 1,700 legal professionals across the UK, [...]
Wave of redundancies looming: 70 per cent of UK employers expect job cuts as furlough scheme ends September 27, 2021 Nearly 7 in 10 employers expect to make redundancies within the next year, the majority of which will take place within the coming months, according to new research shared with City A.M. this morning. According to the study from Renovo, 69 per cent of all UK employers anticipate job losses, with 46 per cent of organisations [...]
Taking off: City Airport chief on the return of business travel and the future of the Square Mile September 27, 2021 It’s been a quiet 18 months at London City airport, the Docklands-located airfield beloved of City slickers jetting into Canary Wharf and the Square Mile. Thankfully for chief executive Robert Sinclair, however, those days now look increasingly as if they are over for good. “We’ve certainly seen a material increase in passenger volumes from July [...]
Unilever remote staff must have 24-hour commute to the office September 26, 2021 Unilever has told its remote workers they must not stray too far from the office and should live within a 24-hour commute. The Dove owner has told employees they must be able to come into the office at a day’s notice if required for an emergency meeting. The company has defined a 24-hour trip as [...]
Unilever remote staff must have 24-hour commute to the office – CityAM : CityAM September 26, 2021 Unilever has told its remote workers they must not stray too far from the office and should live within a 24-hour commute. The Dove owner has told employees they must be able to come into the office at a day’s notice if required for an emergency meeting. The company has defined a 24-hour trip as [...]