Tags: Credit crunch

Recruitment specialist Poolia is advising businesses looking to reduce the impact of mass staff departures predicted by the recent GfK NOP survey to go back to basics and focus on three short-term steps: competitive salary and benefits, flexible working schedules, and a sensible tuition reimbursement plan. “We are already finding more and more candidates looking…

Research from recruitment specialist Poolia shows that, having stayed away or gone home during the credit crunch, antipodean candidates from Australia, New Zealand and South Africa are making a come back to the UK job scene. This is matched by sharp growth in demand from UK employers looking to make up for gaps in local…

How pro-active management can reduce stress levels and sickness absence. by Clive James, Training Development Manager, St John Ambulance. The nation’s stress levels have continued to increase this year with the tough economic climate being a major factor. In Britain work-related stress, depression or anxiety already accounts for approximately 11.4 million reported lost working days…

Worries over the credit crunch, job security, childcare and the late shopping rush could all mount up during the Festive season, so employers are being warned to watch out for symptoms of seasonal stress in their staff. The Institution of Occupational Safety and Health (IOSH), Europe’s largest professional health and safety body, said that those…

The Trade Union Congress (TUC) is urging trustees to fight UK employers’ "slash and burn" approach to pensions. Leader of the group Brendan Barber recently told attendees of the TUC pension trustee conference that everything must be done to safeguard pensions as the UK remains in the grip of the credit crunch. He added that…

As the Met Office warns that a heatwave is on its way, businesses have been advised to ensure they maintain a healthy workforce by keeping their employees cool. Under the current Workplace (Health, Safety & Welfare) Regulations Act 1992, organisations have a duty to maintain a minimum workplace temperature of 16 degrees Celsius in order…

A new form of training has been launched to help companies to train their staff during this tough economic time, without losing them from the office just when their presence is most needed. Career Energy, the UK’s leading careers consultancy, has developed a series of Energiser workshops. This new concept in training involves short, sharp,…

Banks which have survived the credit crunch "have a much stronger case" to offer employee rewards, according to one global management consulting firm. Royal Bank of Scotland and Lloyds Banking Group have revealed plans to reward middle managers despite receiving bailouts from the taxpayer. Following the announcement that banks will offer bonuses to staff as…

As the economic downturn affects businesses, some firms are looking at ways to cut costs, but one company has taken it as an opportunity to invest in its staff in a bid to survive the credit crunch. Halesowen News reported on G John Power, a Halesowen-based firm which manufactures wire and steel, and its decision…

The Chartered Institute for Personnel Development (CIPD) has launched two courses to help human resources (HR) managers cope with challenges in the economic crisis. Practical Employee Relations provides managers with the tools to handle worker relations and strikes in unionised and non-unionised workplaces. The second course, Managing Redundancy, offers the legal knowledge and skills to…

A quarter of UK employers plan to make staff redundant over the next year, a study by a professional body shows. Research by the Chartered Institute of Personnel and Development (CIPD) reveals 26 per cent of firms have plans to make new or additional redundancies. The survey, in conjunction with management consultancy KPMG, found nearly…

Demand for large-scale outsourcing of human resources (HR) functions has fallen, according to research by an advisory firm. The annual growth in the value of HR outsourcing deals has fallen from 50 per cent to 15 per cent from 2007 to 2008, Equaterra says. Firms are trying to reduce short-term costs by making smaller deals…

Businesses may stop employees from working at home or having flexible hours because of the credit crunch, a working union says. However, this would be a mistake because there are benefits for both employees and their businesses of this privilege, the Trade Union Congress (TUC) says. According to research by the organisation, UK commuters travel…