By Steve Dunnigan, VP, Lakeside Software
2023 has proven to be a challenging year for business growth, marked by a seven-year high in business insolvencies. As the economy has squeezed, companies across all sectors have had to take cost-cutting measures, including tech giants like Facebook, Google, and X [formerly known as Twitter], who have been forced to downsize their workforce on a global scale.
By Richard Prime, Co-CEO and Co-Founder of Sonovate
With the ongoing skills shortage continuing to present a sizeable challenge to recruitment professionals, the UN’s International Day of Persons with Disabilities (3 December) is a helpful reminder of the need to make our recruitment practices and tools as accessible and disability-friendly as possible.
The latest data from XpertHR shows that the median basic pay award in the three months to the end of October 2023 stands at 6%, half a percentage point higher than in the previous quarter.
Large proportions of the economy will be unaffected by today’s announcements, highlighting the need for a broader plan for growth
Commenting on the Chancellor’s announcement that the National Living Wage will rise, Kate Shoesmith, REC Deputy Chief Executive, said:
Commenting on the government’s Back to Work Plan announced today, Kate Shoesmith, REC Deputy Chief Executive, said:
By Sam Pardey - The HR Depts
Policymakers and employers should focus on inclusive job design to tackle recruitment issues
“Examining Reed.co.uk’s data for October, it’s evident that the pace of salary growth is showing signs of moderation compared to earlier months in 2023. With a year-on-year increase of 5.3 percent, October represents the second slowest growth this year."
The ONS has published its latest labour market statistics this morning. Neil Carberry, REC Chief Executive, said:
Scott Brooks, Technical Strategist at IT solutions provider Cheeky Munkey, provides his expertise.
Commenting on the government’s announcement of a consultation on removing Regulation 7 across all sectors, Neil Carberry, Chief Executive for the REC, said:
The REC welcomes government's move to simplify holiday pay calculation for irregular hours and part-year workers, which would include many agency workers.