Surprise drop in top dog pay: Report shows FTSE chiefs taking home less cash in real terms August 16, 2015 Average pay packages for FTSE 100 chief execs fell in real terms over the course of the most recently-recorded year, according to a new report out today. Bosses at British blue chip firms took home an average of £4.96m in 2014, compared with £4.92m in 2013, according to the High Pay Centre think tank. Adjusting [...]
Most UK tech professionals would consider moving abroad: US, Australia and Canada top of the list August 16, 2015 Silicon Roundabout has proved a lure for many UK tech professionals, but maybe the pull of good coffee and free wifi is wearing off. Nearly three quarters in the industry say they would consider moving abroad for work if the right job came up, according to a poll out today. The figures, based on a [...]
Number of confident City workers looking to move jobs doubles in a year August 16, 2015 New figures show workers are becoming more eager to switch jobs, suggesting greater confidence in the economy. The number of professionals looking for new opportunities climbed by 27 per cent in July compared with June, recruiter Morgan McKinley said this morning. While summer tends to see more people looking for vacancies, the 15,866 workers both [...]
The UK 50-plus employment rate has hit a record high August 15, 2015 Britain's workforce is being bolstered by a sea of older workers, with the number of people aged 50 and over in employment at a record high. Official data released earlier this week showed the number of people aged between 50 and 64 who have a job rose by 50,000 in the last quarter. And this [...]
Universities must work more closely with employers if today’s school leavers are going to flourish August 14, 2015 As another generation of young people receive their A level results, record numbers are expected to head to university next month. This is undoubtedly good news as it’s estimated that people with degrees earn around £200,000 more over their lifetime than those who did not attend university. However, it’s important that people embarking upon [...]
Migrant Advisory Committee warns government on changes to salary thresholds for skilled migrants August 13, 2015 The government should think twice before raising the minimum salary requirements for skilled migrant workers, an expert committee said today. The Migration Advisory Committee (MAC), which advises the government on migration issues, published its "early advice" today on reforming so-called "Tier 2" visas for skilled workers. Sir David Metcalf, who chairs the committee, [...]
Work-life balance: There is no wealth but life – and work needs to fit in around that August 13, 2015 Work-life balance has become a common buzzphrase, especially with the ongoing Tube strikes, supposedly sparked by the changes the Night Tube will cause to Tube workers' home and social lives. Like all clichés, it has its roots in something really crucial – but it is my belief that the concept is becoming redundant. Simply [...]
Career boost: Why an MSc will help give you the edge – you’ll benefit from specialised electives and startup support August 13, 2015 In today's competitive climate, there has never been a better time to consider graduate study. A globalised market and grade inflation means that an undergraduate qualification may simply no longer be sufficient, says Mark Taylor, dean of Warwick Business School. In 2013, the Sutton Trust found that “there is a significant wage premium for those [...]
Ignoring A-Level results is not the best way to build a truly diverse workforce August 12, 2015 Today's A-Level results are a welcome release of tension for students, as many begin to contemplate university and their career paths. But are first-rate grades and university degrees still top of the wish list for businesses? A recent poll by KPMG revealed that 80 per cent of UK adults believe that success is driven by [...]
Your work-life balance is getting seriously out of hand: A million small business owners can’t afford to take a single day off work this summer August 12, 2015 Heard the one about work-life balance? You know, how you get to spend time with your friends and family and enjoy the summer while it lasts? Probably not if you're a small business owner or sole trader. A major new study of more than one million people found that a fifth of Britain's entrepreneurs [...]