One of the hardest-hit industries is hospitality, which is facing renewed restrictions and fears over the end of furlough. “Furlough support is about to end and we are moving onto a Job Support Scheme that will not work for many of our businesses. Our sector is being forced to operate […]
workers
Retirements in peril as Covid hits finances of one in three older workers
The pandemic is wrecking millions of older workers’ retirement dreams as crashing stock markets and a wage slump make it impossible for them to give up work, the Institute for Fiscal Studies (IFS) has warned. Huge numbers of pensioners could find themselves significantly worse off than planned in retirement, the IFS […]
Hormel’s record-setting virtual pizza party woos fans, benefits frontline workers
Dive Brief: Hormel sought the Guinness World Records title for the most users in a virtual pizza party video gathering, the company announced on Friday, later tweeting that it had set the record. The Zoom chat came during Hormel Foods Spirit Week, which celebrates plant workers and staffers working during […]
Workers trickle back to the office as coronavirus fears reign
Major firms such as Standard Life Aberdeen and NatWest have told workers to stay home until 2021, while Barclays and HSBC have said many will not be expected back into Canary Wharf until October. On Thursday, analysts warned that the new ban on gatherings of over six people could harm […]
New York City faces ghost town future as workers stay away
Figures released this week by United Vans showed people flooding out of the Empire State during the pandemic, as 67pc of all long-distance moves were made by people leaving and only 33pc were by people moving in. According to a report from New World Wealth and Webster Pacific, the combined wealth in […]
The eight steps firms must take to get Covid-conscious workers back into the office
Employers need to recognise that workers will be “reticent” to return which means they will have to have “a stringent strategy in place to protect staff and address concerns,” said Ann Francke, chief executive of the Chartered Management Institute. “This will be best achieved through consulting with staff and ensuring […]
JPMorgan and Linklaters signal end of the daily commute for City workers
Meanwhile Linklaters has told employees worldwide that they will be allowed to spend between 20pc and 50pc of their time working remotely once all Covid-19 restrictions have been lifted, as long as they tell their bosses in advance and are able to get the job done. Employees who come to the […]
Cities feel the strain as workers defy PM’s call to return to offices
Analysts warned city economies were suffering from the home working boom. Allan Monks, UK economist at JP Morgan, said the impact of remote working on face-to-face services was a “major concern” for the economy. “Many people are no longer travelling to major cities, where there are many services that feed […]
Meet the workers fighting back against bosses who spy on them while working from home
Yet despite the rapid adoption of software designed to spy on staff, few people are comfortable with the change. More than 70pc of staff said the trend was likely to erode trust between them and their employers. That may help explain why now some employees are fighting back against corporate surveillance software with their own tools designed […]
One in five workers at risk from over-50s lockdown
“The consequences for the economy as a whole would be no less severe, since the over-50s now comprise almost a third of the national workforce. Bringing many of their careers to a premature end would lead to a significant loss of output and remove a great deal of talent and […]