Average salaries for new jobs increase by 28.9% in the UK
Employee Benefits – 7 December
Between November 2017 and November 2018, average salaries for new jobs have increased by 28.9% in the UK. These figures have been taken from job market data compiled by the recruitment website CV Library. There may be a correlation between the struggles Businesses are facing to recruit and the increase in salaries.
Drive to employ ex-offenders attracts over 120 businesses
Gov.UK – 6 December
Justice Secretary, David Gauke, has revealed more than 120 businesses have registered to work with ex-offenders in the last six months following a recent drive. Rehabilitating ex-offenders through work and job opportunities is said to cut the cost of reoffending by £15 billion each year.
Employees with early onset dementia face discrimination at work
People Management – 27 November
A recent study into the management of employees who develop dementia between the ages of 30 and 65, has revealed a lack of support from employers and the potential for early dismissal. Those in lower paid or manual jobs were most affected in the workplace.
Deliveroo ‘riders’ denied pension rights
Professional Pensions – 6 December
The High Court has dismissed arguments that Deliveroo ‘riders’ are ‘workers’ in a judicial review by the Independent Workers Union of Great Britain (IWGB). Unlike other similar ‘gig’ economy cases, Deliveroo riders could not accept work or pass work on to other riders, meaning they did not qualify for ‘worker’ status.
Dashboards to allow pension consolidation
FT Adviser – 6 December
Robert Jenrick, the Exchequer Secretary to the Treasury, has stated that the planned pension dashboard will allow savers to ‘consolidate their pension pots’, although this will not be available in the initial phase. The dashboard is due to launch next year and will allow savers to view their pension and any investments their money is involved with.
Two-fifths of younger workers are putting off saving for retirement
Employee Benefits – 30 November
According to research by Blackrock, 44% of workers between the ages of 25-34 have put off saving for retirement, and less than a third of respondents are putting 15% or more into their pensions. Whilst auto-enrolment has ensured many young people are paying into a pension, according to the head of UK DC at Blackrock, this is not enough to ensure a comfortable retirement.