Future of Work

Young worker

TWICE AS MANY YOUNGER WORKERS RECEIVE NON SALARY REWARDS AS OLDER WORKERS

When it comes to employee motivation, a one size fits all approach does not work in today’s modern office, made up of millennials, gen x and baby boomers. As employees work longer on into retirement age and millennials enter the workplace, bosses in the UK face the persistent challenge of how to keep three different […]

Financial services

Financial services sector needs new enforcer say MPs

Punishment of banks that break the rules may be better served by a new enforcer in the light of failures surrounding the HBOS collapse, MPs say. Supervision and prosecution of the industry lies with the same watchdog – now the Financial Conduct Authority. This system is “outdated and can be construed as unfair”, warned the […]

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Postal workers to be balloted on strike action over cuts and closures

Postal workers are to be balloted on strike action over job cuts, pension changes and post office closures, the Communication Workers Union says. It says about 3,500 of its members will be balloted on whether to launch industrial action. The ballot will be for staff in Crown offices, supply chain depots and administration sites across […]

31421396 - london - september 5th: the exterior of a william hill betting shop on september the 5th, 2014, in london, england, uk. william hill is the uk's leading bookmakers.

William Hill receives merger offering from two rival gambling companies

UK betting firm William Hill has received a merger offer from rival gambling companies 888 and Rank Group as consolidation in the sector continues. William Hill said it would “listen to and consider” any proposal. However, it was not clear that a combination of William Hill, 888 and Rank would “deliver superior value”, the company […]

Sainsburys11

Sainsbury’s takeover of Home Retail Group gets approval from regulator

Sainsbury’s £1.4 billion takeover of Argos owner Home Retail Group has been approved by the competition regulator. The supermarket chain welcomed the decision by the Competition and Markets Authority on Friday to “unconditionally” clear the acquisition. The (CMA) had said it was looking into whether the tie-up with Home Retail could result in a ”substantial […]

Millenials and men most demanding for customer service

Millenials earned £8k less in their 20’s than the generation before

Millennials could become the first generation to earn less than their predecessors, analysis by a think-tank has found. The Research Foundation found that under-35s have been hit hardest by the recent pay squeeze and earned £8,000 less during their 20s than a typical person in the previous generation – known as generation X. The finding […]