Pension pots may be rising, but the gender savings gap is widening
The average pension pot of UK employees in large firms is now £120k, a 35% increase on three years ago, according to new Changing Trends of Financial Wellbeing research undertaken by Close Brothers. However, outside of pensions, average savings and investments have fallen 3%, and delving into the detail reveals a widening gender savings gap. […]
Virtual Inclusion in the City, Obstacles and Actions
On March 16th 2020 the UK Prime Minister Boris Johnson started giving the nation daily updates urging its citizens to work from home as part of the COVID-19 response. Even before that date, over in the City of London, many firms had introduced working from home for a large proportion of their workers, expecting that […]
Engaging with Millennials – the future of retail banking
The Millennials are the squeezed generation. Many find themselves adrift in a harsh world of low wage growth, increasing living costs, and an uncertain future influenced by climate change and the imminent automation of jobs. It’s not all doom and gloom however… Millennials may actually be on the cusp of the greatest inter-generational transfer of […]
Missing Millions – the training gap in the UK workforce
only 33% of working age people in the UK feel positive about their future career prospects 34% of respondents have either not received workplace training in the last five years or have never had any such training – equating to 17.8 million people with outdated skills. 31.3 million people (60% of respondents) feel their skills […]
Internal politics are biggest workplace struggle say study respondents
Earlier this month, Roar Training asked nearly 400 people to reflect on their biggest workplace struggles of 2019. What came out of this exercise was the realisation that huge numbers of people are genuinely unhappy at work, for reasons that are easily managed. Scenarios that require collaboration and navigating interpersonal relationships are some of our […]
Gender parity will not be attained this century says WEF
None of us will see gender parity in our lifetimes, and nor likely will many of our children. That’s the sobering finding of the Global Gender Gap Report 2020, which reveals that gender parity will not be attained for 99.5 years. Why gender parity matters Gender parity has a fundamental bearing on whether or not […]
Insuring Women’s Futures, the 6 Moments that Matter
Insuring Women’s Futures is a voluntary, market-led programme established under the Chartered Insurance Institute to improve women’s financial resilience. It brings together a cross-section of business leaders, experts and influencers drawn from policy, regulation, academia and the third sector to support making lasting change. For the past three years, these contributors have shared their insights, […]
Step-change needed for women in senior leadership roles
This year’s Hampton Alexander Review, published today shows the strongest year of progress since targets were first set in 2011: FTSE 100 on track to reach the 33% target for women on boards ahead of the 2020 deadline o FTSE 250 made strong gains during the year and with sustained effort, will also meet the […]
Workplace stress that is deemed as excessive, affects the mental health of 89% of UK employees
One in every eight company employees in the UK has taken time off work for stress in the last year. Conducted by the Dolan Contractor Group, experts in contractor payroll and accountancy, the Stress in the Workplace study gathered responses from employees of 140 companies across the UK. Respondents were asked about the causes of […]
Public Affairs industry should take women as seriously as men
Inaugural WiPA survey reveals there is still more to do. Research published by Women in Public Affairs (WiPA) and Opinium Research reveals that the Public Affairs industry isn’t working for many women. WiPA is calling on the industry to do more. 1 in 4 (27%) women in the sector say they have experienced sexual harassment […]
We cannot wait until 2090 for gender balance on executive committees
Another wasted year Despite the Government setting a target of 33% women in leadership roles at FTSE 350 companies by 2020, and despite a flow of formal reviews, The fourth consecutive report, Women Count, produced by Pipeline shows there has been little to no progress. This independent report of the FTSE 350 has found that: […]
UK employees moving to flexible workplaces to improve mental health
2 in 5 employees in the UK plan to improve their mental health by moving to a company with flexible working Nearly 40% of people who have flexible working state it has given marked improvements in their mental health, Wildgoose survey finds. Wildgoose − experts in team building and workforce morale − conducted a survey […]
Research reveals key behaviours of leaders that advance women in organisations
It’s about what managers and leaders do everyday The catalyst for elevating women in organisations comes down to what managers and leaders do every day according to a new study published by talent development and transition company Lee Hecht Harrison. The daily behaviours of the people managers who are known champions of female talent have […]
Women view gender-diversity progress differently from men
KPMG has just released its sixth Women in Alternative Investments report: The Call to Act, and it reveals a number of key improvements being made across the industry regarding gender diversity, but also sheds light on a gap between men and women regarding how much progress they believe is being made. Some of the key […]
UK workplace culture stalls women’s careers
UK workplace culture stalls women’s careers say three in four women and two in five men reports year-long study involving almost 6,000 UK employees. Everyday examples of unintentionally gender biased behaviour in workplace culture are stalling women’s careers, according to a year-long study released on 13 February 2019 by Murray Edwards College, University of Cambridge. […]
Hospitality, travel and leisure sector improves gender diversity
This year’s Women in Hospitality, Travel and Leisure 2020 Review shows improvement on gender diversity over the past year. New analysis of gender diversity in the hospitality, travel and leisure sector shows the industry has made positive progress in the past year to address the number of women in senior positions. While improvements have been […]
Promotion chances are reduced for part-time parents
The UK’s working parents are penalised for working part-time and suffer from poorly-designed jobs that force them to work extra hours, according to a major new study published today by Working Families and Bright Horizons. Part-time penalty leaves mothers behind The 2019 Modern Families Index reveals that parents working part time – most of whom […]
Flexible working megatrends
Flexible working is not easily defined. This is because it is often seen by what it isn’t – not the 9-to-5, not the daily commute to a central workplace – as opposed to by what it is. Nevertheless, people think they know it when they see it, and as a result certain working patterns or […]
1 in 4 workplace harassment perpetrators are customers or clients
2 in 5 UK Business Directors Lack Workplace Harassment Training, study finds Leading ethics and compliance software and services company NAVEX Global® highlighted research finding more than 44 percent of UK business directors have never received training on workplace harassment, and 21 percent have only received one training session, according to the report available here. […]
When it comes to women on boards it’s time to move on from one-and-done
Half the appointments to board positions in the FTSE350 will have to be filled by women over the next two years Figures in this year’s Hampton-Alexander Review report, reveal that the companies which make up the FTSE100 index are on track to hit the 2020 target (women occupying one-third of Board places) with more than […]
Portfolio Management Dominated by white, middle class, straight men
Unique research identifies the barriers to diversity in portfolio management, what the industry is currently doing to improve diversity, and analyses what needs to be done to accelerate change. New Financial’s latest report, Diversity in Portfolio Management, looks at what it is about the asset management industry – and portfolio management specifically – that makes […]
Majority of men believe childcare is a joint responsibility
Currently, in the UK, nine in ten households with dependent children have working parents. During 2018, over 10,000 male and female employees reported about their experiences, attitudes and aspirations in relation to balancing professional employment with personal caring responsibilities for both children and adults. The resulting Equal Lives report published by Santander UK in partnership […]
Ivanti research shows over 60% of Women Working in Tech Feel They Aren’t Taken Seriously
Start tackling the challenge by paying women fairly… A new global survey of women working in technology by IT software specialist Ivanti has found that 63 percent of women feel gender bias continues to damage their professional opportunities and undermine their work environments. Having suggestions dismissed, being constantly interrupted in meetings and being overlooked for […]
FRC report says more companies should treat diversity as part of business strategy
The majority of the UK’s largest companies have adopted policies on boardroom diversity but their reporting to stakeholders needs to improve. Research conducted for the Financial Reporting Council (FRC) by the University of Exeter Business School shows that only 15% of FTSE100 companies fully complied with the UK Corporate Governance Code’s provision on diversity reporting […]
100% of UK employers have published gender pay gap data
Three out of four employers pay their male staff more on average than their female staff All 10,000 UK employers that the Government has identified as having over 250 workers have now published their gender pay gap data which show that more than three out of four in scope UK companies pay their male staff […]
Five-point plan to tackle sexual harassment in the workplace
The Government, regulators and employers are failing in their responsibilities to tackle sexual harassment in the workplace, says the Women and Equalities Committee in their report, following a wide-ranging six-month inquiry. The Committee finds that sexual harassment at work is widespread and commonplace but there has been a failure to tackle unlawful behaviours, despite the Government’s […]
Alpha-male culture prevents women from progressing in financial services
Abolish ‘alpha-male’ culture in finance and encourage the progression of women to senior levels says a Treasury Committee report calling for the reform of bonus negotiations and promotion of flexible working. Key recommendations Assess bonuses against clear criteria to abolish ‘alpha-male’ culture Remove stigma of flexible working by senior men leading by example Encourage firms to publish strategies […]
Executive ranks of top UK firms lack females
Despite progress in female representation on non-executive board positions, this year’s Female FTSE Board Index Female compiled by Cranfield University School of Management has identified the continued lack of women in executive roles on boards of the UK’s leading companies. In a 48-page detailed analysis, experts from the school’s International Centre for Women Leaders […]
Progress on getting more women onto executive committees too slow
Progress is flatlining at 16% The Women Count 2018 Report published in July by The Pipeline unpacks the status of women in FTSE 350 firms, the number of women on executive committees, and the correlation between female representation and economic performance. It finds that businesses where at least 25% of decision-makers are women significantly outperform […]
Fathers say they’d take pay cut for better work-life balance
Fathers should be helped and encouraged to work flexibly to reduce the impact that having children has on women’s careers, says think tank. The Social Market Foundation (SMF) said that cultural barriers to men working part time help force mothers into career choices that have long-term costs for their employment levels and wages. In a […]