Great Repeal Bill on leaving EU needs to ‘fully protect’ worker rights, says TUC
Mar30

Great Repeal Bill on leaving EU needs to ‘fully protect’ worker rights, says TUC

A white paper on the Great Repeal Bill will be published today following the trigger of Article 50. The bill is necessary to fill the legal gap after the UK leaves the EU and will repeal the European Communities Act which says EU law is supreme to the UK’s. This means that laws and regulations made while the UK was part of the EU will continue to apply, but they will become British laws rather than EU ones. It will also set out...

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The HR World reacts to the triggering of Article 50 – Live Feed
Mar29

The HR World reacts to the triggering of Article 50 – Live Feed

The Prime Minister, Teresa May, has today written formally to the EU to trigger Article 50, the UK’s formal exit from the European Union, saying: “This is a historic moment from which there can be no turning back.” Today triggers a 2 year exit period of formal negotiations of the terms of the ‘divorce’. We have received much comment from the HR World – and will continue to update this feed...

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82% of workers in the City of London tempted to move roles due to salary or benefits packages on offer elsewhere
Mar29

82% of workers in the City of London tempted to move roles due to salary or benefits packages on offer elsewhere

Only two-fifths (41%) say firms have indicated they will receive a bonus in 2017, whilst last year 59% received a bonus More women than men received a bonus in 2016, 62% compared to 57%, and are more optimistic than male colleagues about this year’s outlook Hays warns that financial services firms cannot rely on salaries alone to retain staff during these uncertain times   As Theresa May triggers Article 50, City firms are bracing for...

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As Article 50 triggered, will the exodus begin?  Top companies already leaving London, warns Morgan McKinley
Mar29

As Article 50 triggered, will the exodus begin? Top companies already leaving London, warns Morgan McKinley

Teresa May has today signed the Article 50 letter to start the Brexit process – however, top city jobs in London’s financial hub are already starting to leave the capital, warn specialist financial sector recruiters Morgan McKinley. February saw almost a quarter drop in City jobs available, month-on-month. While the year-on-year drop was more moderate, at 17%, it’s clear the jobs market remains under stress. Among the main...

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Business as usual during Brexit process
Mar24

Business as usual during Brexit process

Prime Minister Theresa May has announced that she will trigger Article 50 on Wednesday 29th March, starting the two year process of Britain’s withdrawal from the EU. While there is a lot of uncertainty ahead as the country’s exit from the EU is negotiated, ELAS legal services manager Geoff Isherwood says, for now, it is business as usual. He says: “During the Brexit process all current laws and regulations will remain in place....

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Staff retention is ‘a bigger concern than Brexit’ among HR leaders
Mar24

Staff retention is ‘a bigger concern than Brexit’ among HR leaders

Businesses are more concerned about retaining and developing staff in the next six months than the potential impact of Brexit, according to a poll of over 3,000 senior HR professionals carried out by Alexander Mann Solutions. In its survey, the global talent acquisition and management specialist found that 23% of companies are most concerned about how to retain top staff without large financial incentives. In comparison, just 9%...

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CIPD: a third of UK adults fear their financial situation will get worse in 2017
Mar16

CIPD: a third of UK adults fear their financial situation will get worse in 2017

Rising inflation and stagnant pay has left many people struggling financially, with just 15% of the population saying they are living comfortably. A third (32%) of adults aged 18-70 surveyed believe their financial situation will get worse over the next 12 months according to new research published by the CIPD, the professional body for HR and people development. The survey also reveals that while 15% of UK adults say that they are...

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Darkening skies or opportunities ahead for HR leaders?
Mar16

Darkening skies or opportunities ahead for HR leaders?

The Institute for Employment Studies (IES) has published its annual collection of articles addressing today’s pressing issues for organisations. In acknowledgement of current turbulent times, the team of researchers and consultants have pulled together existing research and their own insights from working with organisations, offering their reflections on how leaders and HR practitioners can successfully navigate the imminent...

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TUC analysis details risk to NHS and social care in England from loss of EU workers
Mar09

TUC analysis details risk to NHS and social care in England from loss of EU workers

145,200 NHS and adult social care workers in England risk losing their right to live and work in the UK after Brexit Services in London, South East and East of England most vulnerable to loss of vital staff Government should unilaterally confirm right to remain in the UK for EU residents, says TUC The TUC has published analysis that provides a regional breakdown of where NHS and adult social care services are most reliant on workers...

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APSCo: evidence shows increasing use of contractors in financial services sector, permanent roles declining
Mar09

APSCo: evidence shows increasing use of contractors in financial services sector, permanent roles declining

Permanent placements show 1% decline year-on-year Contract placements increase by 2% Contractor placements in Finance increase by 24% Average salaries dip by 1.3% Permanent placements dip Professional recruitment firms reported that overall placement numbers for permanent roles dipped by 1% in January 2017, while contractor placements simultaneously increased by 2% year-on-year, according to new survey data from the Association of...

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Graduate talent pool already getting shallower as almost a third of UK international students reconsider staying and working in the UK
Feb23

Graduate talent pool already getting shallower as almost a third of UK international students reconsider staying and working in the UK

A poll of over 2,300 students has found that almost a third (29%) of UK-based international students have changed their post-graduation plans as a direct result of the Brexit vote. The survey, conducted by student-focused market research company trendence UK, showed that many international students who were intending to find employment in the UK after graduation are now considering employment either in their home country or elsewhere...

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Financial jobs see cautious start to the year amid relocation worries
Feb14

Financial jobs see cautious start to the year amid relocation worries

  With an 81% increase in jobs available and an 83% increase in professionals seeking jobs, the supply and demand of jobs and professionals is a balanced and welcome start to the new year. Nevertheless, January 2016 saw a 115% increase in jobs, making this year’s spike muted in comparison. “If the January jobs surge isn’t in the triple digits, something’s off”, said Hakan Enver, Operations Director, Morgan McKinley Financial...

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CIPD: Early signs of fall in supply of EU nationals contributing to skills and labour shortages in key sectors of the UK economy
Feb14

CIPD: Early signs of fall in supply of EU nationals contributing to skills and labour shortages in key sectors of the UK economy

While the short-term outlook for employment remains strong, labour and skills shortages are starting to bite in UK sectors that employ a high number of EU nationals, according to the latest Labour Market outlook from the CIPD and The Adecco Group. The report suggests that, despite a near record number of vacancies (748,000 according to the latest ONS data), UK employers are struggling to fill roles with the right candidates as a...

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Brexit: UK sailing into a workforce crisis unless migration, automation and productivity are well managed, warns Mercer
Feb09

Brexit: UK sailing into a workforce crisis unless migration, automation and productivity are well managed, warns Mercer

UK’s future workforce size will undermine multiple business sectors 4 migration and aging scenarios are ‘wake-up call’ for businesses Business should prioritise “analysis, automation and accessibility” The Mercer Report has indicated that future changes to migration levels into the UK will exacerbate the financial stresses and strains caused by the UK’s aging workforce unless companies invest heavily in automation, those sectors of...

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As finance jobs relocate, the Paris v Frankfurt talent war for ‘Brefugees’ begins
Feb02

As finance jobs relocate, the Paris v Frankfurt talent war for ‘Brefugees’ begins

‘Brefugee’, noun, UK, informal – a worker who is to be displaced by Brexit A new talent war is hotting up between two European cities competing for the banking jobs that are expected to move to Europe because of Brexit: 13,200 workers will be relocated from London to the EU Combined, these bankers and traders earn an estimated 1.6 € billion a year Frankfurt and Paris are the most eligible EU cities Frankfurt offers...

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