Indeed Flex’s survey of UK workers found that despite high demand for a weekly top-up in wages, only 15% of employees are paid every seven days, with 5% paid fortnightly. More than three quarters (77%) of people receive their salary in one lump sum every month.
As hiring slows across the globe and businesses face doing more with less, companies are prioritising skills development to remain agile and retain talent amidst economic uncertainty.
20.5% of the 1,700 surveyed reported that the recent freezing weather had made them change their working patterns and go into the office, rather than working from home. The reasons why were as follows:
Employers continue to turn to temporary staff to fill jobs in the face of economic uncertainty and labour shortages, according to new Recruitment & Employment Confederation (REC) data.
While there may be some caution from employers in the face of uncertainty, overall the jobs market remains robust judging by the demand for new staff. The number of active job vacancy postings across the UK has remained robust since mid-August 2022. Active job adverts went above 1.5 million in mid-December 2022 and remained there in the first week of January, according to the Recruitment & Employment Confederation (REC) and Lightcast’s latest Labour Market Tracker.
Concerns around recession, inflation, and high operating costs are causing distress to UK small businesses as they enter this year, according to new SME Outlook 2023 research from iwoca – one of Europe’s largest small business lenders
