- Skills shortages an issue for two-thirds of employers during recession, CIPD finds
Skills shortages have persisted during the recession, with more than two-thirds of employers struggling to recruit due to a lack of specialist skills.
The Resourcing and Talent Planning survey by the Chartered Institute of Personnel and...
- Euro could hit parity with dollar
The euro's woes continued yesterday after it plummeted against a basket of currencies, tumbling to a 14 month low against the US dollar ($1.2738), a 6 month low against the British pound (1.1846) and a lifetime low against the Swiss Franc (1....
- Sickness absence drops to lowest level on record during the recession
The recession has led to the lowest sickness absence levels on record, but is still costing business £16.8bn a year, new research has revealed.
Employees took on average 6.4 days off sick last year, which amounted to 180 million lost...
- The next generation Finance Director
The role of the finance manager is fundamentally changing.
But organisations are still hamstrung by manual purchasing processes and a delegation of authority across the business which is making strong cost control hard to achieve.
- Recession fears recede as GDP figures expected to show growth
Official data due today on the UK's economic growth is expected to show the country avoided a double-dip recession.
The first estimate of first-quarter growth for 2010 is tipped to measure 0.4%, matching the last quarter at the end of 2009...
- Investment in learning and development gives long-term competitive edge
Learning and development budgets have been an easy target during the recession, but cutting spending now will have long-term implications, delegates at the CIPD's HRD conference were told.
"The easy thing is to cut L&D, but I'm quite...
- UK inflation rises sharply in March
The rate of inflation surged in March, with both official measures showing a sharp increase on the previous month, economists have confirmed.
The Office for National Statistics published monthly inflation data this morning. This showed...
- UK firms remain wary despite elevated recruitment figures
The UK’s top 25 firms are back in recruitment mode, with an estimated 2,133 people having been brought on board to UK offices in 2009-10 alone.
However, the total number of hires is still exceeded by the 2,370 people firms made redundant...
- Workers ready to quit when recession lifts
Employers have been warned that workers are likely to jump ship when the economy improves after research found almost six million workers felt unfulfilled in their job.
A survey of more than 1,000 adults found one in five rarely or never...
- Recession sees fixed fees become par for the course
News that hourly rates have fallen by up to a third has reignited the debate about how companies pay for legal services.
The annual rates survey, published in The Lawyer last week, revealed that top firms are engaged in a price war as they...
- Firms continue to plan Christmas parties, says CIPD
Most companies are set to go ahead with a Christmas party this year despite financial pressures caused by the recession, according to a CIPD poll.
Almost a quarter (24 per cent) of the 1,100 HR professionals polled said they would be...
- UK top 10 suffer steep Q1 fee income drop as slowdown hits biggest firms hardest
Deloitte research finds largest law firms saw 7.7% annual fall in turnover in first quarter of 2009-10
Fee income across the UK's top 10 law firms fell faster during the first quarter of 2009-10 than across the rest of the top 100,...
- Public spending cuts would cause mass unemployment, TUC warns
Public spending cuts would result in a "double-quick double dip" recession, the TUC has warned.
General secretary Brendan Barber said a 10% spending cut in public sector posts would result in more than 700,000 employees losing their jobs...
- Staff willing to take pay and holiday cuts to help firms during downturn
Two-thirds of employees would take a pay cut, work fewer hours, work more unpaid hours, and reduce their holidays to help their company succeed during the economic downturn, a survey has revealed.
A survey by communications giant Orange...
- SJ Berwin delays partners' quarterly profit payments
SJ Berwin has not paid out any quarterly profit distributions to partners since last November, Legal Week has learned.
The top 20 firm, which saw profits per equity partner fall by nearly 50% during 2008-09 to £410,000, made its last...