Hybrid working is here to stay: Young talent decline job offers that do not include hybrid options Future of work A flexible work culture is now a key consideration for most young workers when choosing a job. In fact, talented young people will not join companies that are inflexible about how their employees choose to work, a new study suggests. More than half of 18- to 34-year-olds surveyed by the business finance lender Sonovate said [...]
Half of all Londoners say working from home is damaging the capital’s businesses Over half of London office workers would be prepared to work from home less in order to help struggling businesses recover from the impact of the pandemic, according to new research, shared with City A.M. today. In fact, over three quarters (76 per cent) of the capital’s office workers felt that it was important to [...]
Hybrid working: Discrimination and lack of career progression vs banter and lunches Hybrid workers embrace anytime working and say their office culture has changed forever. While many workers have reaped the benefits, working from home has not been a smooth transition for everyone. Concerns over discrimination, career progression, and noise weigh on employees’ minds. Also the lines between anytime working and being ‘always on’ are blurring with [...]
Exclusive: Team work, customer service and product quality biggest casualties of the pandemic October 21, 2021 As workers have returned to the office, many companies are looking to break bad habits that have been formed during the Covid-19 pandemic. Working together and team collaboration, or rather the lack of, may be one of those. More than wo fifths of UK employees said their company became a less appealing place to work [...]
Many employees confused: Despite hybrid working, many people struggle to juggle work and home life October 20, 2021 The current “one-size-fits-all” solution is not meeting the complex needs of the modern workforce, with people struggling to juggle work and home life, according to a new report. Employees are confused about what work-life balance means for them and are calling for firms to agree a new definition of the term. Research by jobs site [...]
WeWork to trade from Thursday after BowX merger October 20, 2021 Office-space provider WeWork is expected to start trading on the New York Stock Exchange from Thursday after a $9bn merger with special-purpose acquisition company (Spac) BowX Acquisition. As reported by the Financial Times, WeWork’s $9bn market evalutation is a fraction of the initial $47bn at which was listed before tanking its initial listing in 2019. [...]
UK green jobs’ revolution needs to be 25 times faster to hit 2030 target says job site October 20, 2021 The UK green jobs’ revolution needs to be 25 times faster if it wants to hit the government’s 2030 target, admonished job site Indeed. In a research published today, Indeed has showed that green job vacancies are at 0.2 per cent, around 2,000 roles per million job postings, despite rising by 13 per cent between [...]
Number of remote working vacancies drops 24 per cent after peaking at 130,000 October 20, 2021 After climbing to an all-time high of 130,000 in June, the number of remote working vacancies advertised has fallen to 99,000 in August, according to new data shared with City A.M. today. This is a significant drop of 24 per cent following months of climbing and suggests that businesses are returning to pre-pandemic ways of [...]
Home away from home offices: Employees ears are not burning, but the 2-ply toilet roll might be October 19, 2021 Boris Johnson’s recent announcement that “you have got to be able to come in [to the office] … and know what everybody is talking about … otherwise you are going to be gossiped about and you are going to lose out”, has caused a mixed outpouring of bemusement, derision and mirth. “How can anyone [...]
The future of work in a post-Covid investment industry October 19, 2021 Disruptions resulting from Covid-19 have forced businesses to adapt and create new models of work. Although some industries may return to something resembling their pre-pandemic operating model, the investment industry has already crossed a threshold. That is the view of Kunal Kapoor, CFA, who participated in a webinar entitled ‘The War for Talent and the [...]