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Work-Life Balance around the World
Global management consulting firm Hay Group has delved into its database of employee surveys to explore how people feel about their work/life balance as well as the support they receive from employers. More than two-thirds (39%) of respondents don’t believe they have a good balance between their work and personal lives. Above: Responses to the … Continue reading
The Grad Job Market in UK – Not fully recovered despite drop in unemployment
The recent annual Destination of Leavers of Higher Education survey confirmed that graduates who left university last summer entered a rather better jobs market than their peers from the year before. As the Higher Education Statistics Agency (HESA) shows with this chart, the overall employment rate for UK and EU graduates from a full-time first … Continue reading
The world’s 300 largest pension funds – Total assets grew by over 6% in 2013
Total assets of the world’s largest 300 pension funds grew by over 6% in 2013 (compared to around 10% in 2012) to reach a new high of almost US$15 trillion (up from US$14 trillion in 2012). The P&I / Towers Watson global 300 research is conducted in conjunction with Pensions & Investments, a leading US … Continue reading
Greece – Alpha Bank to cut 15 percent of jobs
Alpha Bank, Greece’s fourth biggest lender, opened a voluntary redundancy offer on Monday with a view to cutting 15 percent of its workforce to cut costs under a restructuring plan approved by the EU Commission, an official at the bank said on Monday. All four of Greece’s top banks have been restructuring but Alpha’s bigger … Continue reading
South Korea – Unemployment up at 3.5 per cent in August
South Korea’s unemployment rate inched up in August as agriculture and banking sectors continued shedding jobs, government data showed on Friday (Sep 12). The seasonally adjusted jobless rate rose to 3.5 per cent, up from the previous month’s 3.4 per cent, Statistics Korea said. via S Korea unemployment inches up in August – Channel NewsAsia.
Canada – Labour productivity rose 1.8% in Q2
Labour productivity of Canadian businesses rose 1.8% in the second quarter, after edging down 0.1% in the first quarter… In the United States, labour productivity of American businesses rose 0.6% in the second quarter, following a 1.3% decline in the first quarter. For Canadian businesses, labour costs per unit of production increased 0.3% in the second quarter, one-third of the … Continue reading
Boomers vs Youth on the Worplace – No crowding out but, tension at the individual level
In a series of recent client notes, consulting firm Mercer urges companies to recognize the tension between young and old at work, and to plan for baby boom workers to hang on to their jobs. “For those who choose to retire, many are going to realize … they don’t have enough money to sustain themselves, … Continue reading
Employees – Less than half believe employers are open and upfront
More than half of us don’t believe our employers are open and upfront with us. This disturbing news comes to us from the American Psychological Association’s 2014 Work and Well-Being Survey, which finds nearly 1 in 4 workers don’t trust their employers, 1 in 3 reported their employers aren’t always honest or truthful, and less … Continue reading
GenY – Not all that different in what they value in work
The assumed gulf between the attitudes and values of the millennials versus the nonmillennials[: as ]it turns out, GenY is generally not all that different in what they value in work. The gist of our millennial misunderstanding is that we assume that, as keyed in and digitally fluent as they are, millennials don’t necessarily, well, … Continue reading
Youth Unemployment – The Microsoft YouthSpark initiative
When we launched Microsoft YouthSpark in 2012, we set out to create education, employment and entrepreneurship opportunities for 300 million young people over the course of three years. Working together with governments, businesses and more than 350 youth-serving nonprofit organizations, after two years we have created opportunities for 227 million young people in more than … Continue reading
US Demography – Half of Americans single
Single Americans make up more than half of the adult population for the first time since the government began compiling such statistics in 1976. Some 124.6 million Americans were single in August, 50.2 percent of those who were 16 years or older, according to data used by the Bureau of Labor Statistics in its monthly … Continue reading
Australia August 2014 Job Report – The largest monthly increase in jobs on record
The largest monthly increase in jobs on record has pushed the unemployment rate back down to 6.1 per cent. An estimated 121,000 jobs were added in August, which is well ahead of any previous monthly jobs gain recorded in ABS figures that go back to 1978. Economists had expected the unemployment rate to fall back … Continue reading
US – July saw the most workers quit since mid-2008
The U.S. Labor Department reported that July saw the most workers quit since mid-2008. This healthy trend hints that employees are becoming increasingly confident in their career prospects and the greater economy, willing to trade some stability for new opportunities. About 2.52 million workers quit their jobs in July — the most since June 2008 … Continue reading
Maps – Median age of every country in the world
Using data from the CIA Factbook, we’ve created the graphics below to show you the median age of every country in the world. There are 1.2 billion people between the ages of 15 and 24 in the world today — and that means that many countries have populations younger than ever before. Chosen excerpts by … Continue reading
Tertiary-educated individuals are likely to earn twice as much as the median worker finds OECD (video)
Access to education continues to expand worldwide but the socio-economic divisions between tertiary-educated adults and the rest of society are growing. Governments must do more to ensure that everyone has the same opportunity to a good education early in life, according to a new OECD report. Education at a Glance 2014 says that educational mobility has … Continue reading
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