July 3, 2020 11:27 amPublished by EmilyLeave your thoughts
Financial worries are costing employers billions a year in lost productivity, low employee retention rates and recruitment costs, and many aren’t paying attention to it. We all know what it feels like to worry about money. Almost half of us find money worries to be the most stressful part of life (PWC). With money worries… View Article
June 16, 2020 4:05 pmPublished by EmilyLeave your thoughts
Not having effective employee retention strategies is costing businesses more than they might first think. The average staff attrition rate for businesses in the UK is at 15%. An Oxford Economics report estimates the average cost of recruiting, hiring and training a member of staff to be £25,181. It’s a figure that may appear high…. View Article
June 12, 2020 3:52 pmPublished by EmilyLeave your thoughts
The crisis is shared, but its burden is not. The Resolution Foundation has published a new policy briefing guide that sets out “A new settlement for the low paid – Beyond the minimum wage to dignity and respect.” The report highlights how lower paid workers are three times as likely to have lost their jobs… View Article
June 8, 2020 3:58 pmPublished by EmilyLeave your thoughts
We now have a clear road map to recovery and all being well could be back to some normality in June. This provides unique challenges for the future of HR to make sure their workplaces are safe and that their staff are confident to come back to work, after a period of increased strain, especially… View Article
June 5, 2020 3:56 pmPublished by EmilyLeave your thoughts
The financial resilience of your staff is more important than ever. The outbreak has turned the working world upside down. Things may never return to what we might call ‘normal’. What this presents for organisations around the world is a new challenge when trying to engage with their staff. Without traditional forms of communication and… View Article
June 1, 2020 3:12 pmPublished by EmilyLeave your thoughts
Fuller’s, the premium pubs and hotels business, has teamed up with Wagestream to help build team members financial resilience and provide the ability to draw up to 30% of their earned wages in advance with income streaming. The service will be available to all 5,000 team members in over 200 Fuller’s Managed Pubs and Hotels… View Article
May 29, 2020 2:14 pmPublished by EmilyLeave your thoughts
It’s clear to see that the impact of the virus has had, and will continue to have, a transformative effect on the way we work and businesses operate. Many will be moving to a remote workforce and engaging with remote workers is going to be crucial in making that successful. Businesses looking to build employee… View Article
February 26, 2020 2:36 pmPublished by EmilyLeave your thoughts
Following the launch of this year’s NHS Staff Survey results, which revealed a continuing rise in workplace stress – 40% reported feeling unwell as a result of work related stress in 2020 compared to 39.8% 2019 – leading international provider of workforce and resource planning solutions, Allocate Software, has partnered with Wagestream to launch Allocate… View Article
February 20, 2020 1:26 pmPublished by EmilyLeave your thoughts
Under post-Brexit plans from the government, low-skilled workers will find it hard to get visas to work in Britain. A new points system is to be put in place that will require new entrants to meet a minimum of 70 points before they can get a sponsored visa. As a part of the plan, the… View Article
February 3, 2020 4:11 pmPublished by EmilyLeave your thoughts
Can you think of any major aspect of human life that hasn’t become faster or more efficient in the last 100 years? Chances are, you can’t. Living has come a long way, but there’s one thing, that over the last 100 years, has actually gotten slower for the end user, one thing that we all… View Article
January 20, 2020 10:14 amPublished by EmilyLeave your thoughts
You might have heard some of the chat about Blue Monday – hailed to be the most depressing day of the year. It typically falls on the third Monday in January, where Christmas debt, SAD (seasonal affective disorder) and January blues all result in a perfect storm that has the potential to make even the… View Article
January 16, 2020 9:56 amPublished by EmilyLeave your thoughts
In March 2014 I was interviewed by the Financial Times where I highlighted my concerns about the demographic shifts taking place in leading global economies. Shifts which will inevitably lead to a point where the demand for workers outstrips supply. Today, this ‘workforce cliff’ is widely recognised and the ability of organisations to attract and retain key… View Article
