Statistics

The upward momentum of chief executive pay and reward in the UK’s largest organisations has reached a crisis point. It does not clearly correlate to personal performance or business outcomes and this is having a significant impact on the motivation levels of the wider workforce, according to new research from the CIPD, the professional body for HR and people development.

In over half (55%) of UK organisations, HR is now an essential part of the development and delivery of the overall business strategy. This is according to research1 from NGA Human Resources, the HR and payroll expert.

According to the Office for National Statistics (ONS), employment levels increased by 207,000 in the three months to October, representing an employment rate of 73.9% with 31.3 million people in work.

The recent ONS Regional Labour Market Report shows that the North is still lagging well behind the South.

UK accountants anticipate sharing a £4 billion bonus pot in the 2015/16 bonus season, an increase of £2 billion annually, according to the latest research from specialist accountancy recruiter Marks Sattin

Doug Monro, co-founder of Adzuna comments:

Among the nearly 20% of employed people who changed jobs in 2014, 33% rated Internet sites as the most effective channel for finding their positions, says a new report from The Boston Consulting Group and Recruit Works Institute

An international study positions the UK as one of the top five countries for IT contractor use, as others, such as the US and China, make plans to follow suit.

One in five people who use an accountant have admitted that they find the language they use either difficult or very difficult to understand, according to research from Pulse Accounting, providers of online accounting services to contractors and freelancers.

Katharine Moxham, spokesperson for Group Risk Development (GRiD) comments: “The productivity puzzle is not just an intangible issue: smaller businesses are now seeing their ability to achieve their growth potential hindered. It’s clear from these results that employers are starting to recognise the importance of acting to combat losses and are implementing a range of measures, which in itself is encouraging, but central to improvement is staff wellbeing.