NEWS - EDUCATION & CAREERS
The employment rate in the UK continues to be at a high at 74.8 per cent, according to the Labour Force Survey from the Office for National Statistics (ONS).
Figures showed that the number of employed people increased between November 2016 and January 2017 and continued to rise between February and April 2017.Read more >>
Research from investment managers M&G Investments found that financial literacy is a vital life skill, with more than 50 per cent of parents believing that schools have an important part to play in financial education.
The research surveyed over 500 parents and 360 grandparents, exploring their views on financial education. It found that 28 per cent of parents believe that children should take responsibility when it comes to understanding money, whilst over 25 per cent think that grandparents should have a role to play in their grandchildren’s financial education.Read more >>
Research by innovative training platform Course Library has shown that online learning and career progression opportunities could help people to overcome a career slump.
The research surveyed 1,200 people aged between 18 and 64 and found that 80.6 per cent of workers in the UK have experienced a career slump, with over 32 per cent believing that this is due to a lack of career progression.Read more >>
Demand for HR professionals and recruitment specialists increased in March 2017, up by 4 per cent and 12 per cent respectively from March 2016, according to data from the Association of Professional Staffing Companies (APSCo).
The data identified the top sectors for job growth within HR over the past 12 months, with advertising seeing the highest growth at 34 per cent, followed by media at 33 per cent.Read more >>
Research from Aviva has shown a continued need for financial education across the UK, with over 60 per cent of Brits saying that they wish they had learnt more about financial matters earlier in life.
The research, which surveyed 2,166 people in the UK, showed the impact that a lack of financial knowledge has had on Brits, with over 40 per cent still being affected by financial mistakes that they made in the past.Read more >>
The number of job vacancies in the UK has reached its highest level since 2015, according to figures from jobsite Adzuna.
The UK Job Market Report showed that 1,179,586 job openings are now being advertised, with just 0.44 jobseekers for every vacancy, creating an opportunity for people to change their job or explore other employment options.Read more >>
Employers should consider offering a higher salary in order to attract the right candidates for jobs, according to recruitment agency Select Appointments.
The advice comes after recent research from the Recruitment & Employment Confederation (REC) found that over 40 per cent of employers have had to increase salaries to attract suitable candidates for jobs.Read more >>
Barclays is to create 100 new jobs as part of the bank’s plan to expand its private banking business and attract wealthy clients.
The new roles come three years after Barclays ended its first expansion plan, which was launched in 2010.Read more >>
The UK unemployment rate has fallen to its lowest level in 42 years, according to the latest figures from the Office for National Statistics (ONS).
The figures showed a drop of 4.6 per cent in the UK’s unemployment rate, with the number of people out of work falling by 53,000 to 1.54 million in the three months leading up to March.Read more >>
Student and graduate recruitment app Debut has launched a national petition calling for the government to make it a requirement for employers to provide interview feedback for candidates.
The petition, which is part of Debut’s #FightForFeedback campaign, comes after research from the app found that over 80 per cent of candidates who have attended an interview have not received feedback.Read more >>
The top 12 degree subjects for getting a job have been revealed in new research from the Telegraph.
The data, which was obtained using the latest information from the Telegraph’s university course finder and originally sourced from The Higher Education Statistics Agency (HESA) for 2014-2015, ranks the top degrees for jobs, with subjects such as business and technology featuring on the list.Read more >>
New research from CV-Library has found that professionals in London are the most keen to impress a new employer, with over 65 per cent of workers in the city saying that they aspire to impress their boss for as long as they are with the company.
The research surveyed 1,000 workers in the UK and revealed the steps that Londoners are taking to impress their new employer, with effectively managing their workload being the top approach at 22.4 per cent.Read more >>
Research from conference calling specialists Powwownow has found that 18 to 24-year-olds in London are the most likely to consider flexible working (85 per cent).
The company’s survey of 2,000 working professionals found that business leaders in London allow their staff to have a total of three hours and 31 minutes away from the office a week, compared to the average time of two hours and 34 minutes in the rest of the UK.Read more >>
The UK is to receive another challenger bank as Chicago-headquartered Iam Bank plans to expand and roll out online services, branches and financial workshops to consumers.
The company, which has dubbed itself the “Apple store” of banking, will be the first bank of its kind to offer learning and therapy-based financial workshops to help educate consumers on their financial decisions.
Read more >>
Barclays Bank is to offer employment opportunities across the UK, with 1,750 IT roles set to be made available at the company’s services centre.
The majority of the job roles will be based in the North West, but the company will also be offering employment opportunities in London.Read more >>
In the past, most MBA graduates have chosen to become consultants in professional services firms or to work in banking after completing their education. However, this trend is changing.
With fintechs on the rise, students find them appealing; they are able to work in a fast-moving, innovative environment and see the results of their efforts - something they can’t often experience in the world of consulting.
Read more >>
UK researchers have found that the brain is more stimulated when a person goes to university or takes up a leadership role at their workplace.
They believe that this can make people less prone to brain-related illnesses, such as dementia.Read more >>
Banks are no longer worried about Britain leaving the EU, according to London-based finance headhunting firm Robert Walters. The recruiter stated that the banks are on a hiring spree across the UK, and this has prompted the company’s net fees to increase by 27 per cent in the first three months of 2017.
CEO, Robert Walters, stated that banks are positive about the UK now and are showing signs of commitment. They are looking for staff in specialised fields, such as investment management, cyber security, compliance and change management. There appears to be a great demand for specialists in these fields.Read more >>
New figures from the Office for National Statistics (ONS) have revealed the average earnings for jobs across the UK.
The ONS surveyed 21,563,000 people in the UK to calculate the salaries of over 400 jobs, with roles such as chief executives, sales accounts and business development managers being amongst the highest-paid positions.Read more >>
The Institute for Public Policy Research (IPPR) is calling for more support for disadvantaged graduates to enable them to have better access to internships.
A report from the think tank, titled The Inbetweeners: The New Role of Internships in the Graduate Labour Market, found that whilst there are as many as 70,000 internships on offer, many of the positions do not offer meaningful learning opportunities.Read more >>
Investment banks in London are hiring more staff for specialised finance job roles, indicating that they are no longer concerned over Brexit, according to employment agency Robert Walters.
The agency revealed that banks in the city are looking for staff to fill permanent roles in areas such as finance control, risk and compliance and change management.Read more >>
Over three quarters of young people believe that apprenticeships help to improve skills and boost their career prospects, according to youth charity YMCA’s Work in Progress report.
The report, which has been released ahead of the Government’s new Apprenticeship Levy, also found that four in five young people would recommend taking an apprenticeship.Read more >>
Research from employee engagement company Personal Group has found that entrepreneurs in the UK feel happier and more motivated than people who work full-time.
The research surveyed 800 employees, including 124 self-employed workers, and found that over 60 per cent of those who are self-employed look forward to going to work.Read more >>
New research from training platform Course Library has shown a strong connection between training and development opportunities and job satisfaction.
The research, which surveyed 1,000 workers aged between 18 and 64 in the UK, found that almost half are happy in their current job.Read more >>
New research from Hitachi Capital has shown that there will be a jobs boost in the SME sector, with one in six small businesses set to recruit new staff by the end of April this year.
The company’s quarterly British Business Barometer, which surveyed SME decision-makers from 11 regions, found that 20 per cent of businesses that are less than five years old are planning to take on new staff by April.Read more >>