New research from Phoenix Insights, the longevity think tank from Phoenix Group, shows workers aged over 45 in Greater London and the East of England have over 40% more in retirement savings* on average compared with those in the Midlands and the North. Total savings in these regions average less than £98,000 – far below the £248,000 the Pensions and Lifetime Savings Association (PLSA) estimate is needed for a moderate …
MHR, the HR, payroll, and finance expert, has today released data highlighting the importance to, and focus on, workplace training, for UK companies amid a wealth of issues pertaining to recruitment and retention. This news comes as companies face the highest recruitment challenges on record, according to the British Chambers of Commerce. Under their two critical solutions, People First and iTrent, MHR offers an integrated Learning Management System (LMS) that …
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27% of the workforce in the UK is concerned with the rise of AI and how it is anticipated to outperform humans within the next five years. Meanwhile, ChatGPT is estimated to have reached 100 million monthly active users since its launch in January. This major technological development has culminated in 81% of employees considering leaving their jobs for better offers. This shows that leaving a job is often related …
Some manufacturers are opting not to hire young individuals due to concerns about their reliability.
A recent report indicates that an alarming 73 percent of organisations in the United Kingdom are currently grappling with skills shortages! What can be done to help recruitment?