More holidays and a pay rise

The New Economics Foundation is calling for more holidays and a pay rise for the good of the British economy!

This recommendation (and its accompanying report) focuses on ways in which to improve national productivity.

The idea being that if consumers are able to spend more money, and have more time in which to spend it, the demand for products and services will increase. This, in turn, will help bolster business productivity and the wider economy.

Do we need more holidays?

Few employees would decline the opportunity to have more time off. Especially on hearing that Britons receive fewer public holidays than many of their European counterparts.

While the UK minimum stands at 28 days, EU employees receive anywhere from 30 to 40 paid public holidays each year.

This report also reflects employees’ priorities, according to a separate study

When looking for a new job, British people prioritise:

  1. Their salary (98%)
  2. Holiday allowance (91%)
  3. A pension plan (89%)
  4. Promotion opportunities (78%)

Talking of holidays…

Therefore, while the ideas sound welcome, there may be additional issues to tackle in practise! In the meantime, don’t forget to use your jobs research as a chance to review your personal priorities. 



Money worries at work

Are money worries affecting your work? You might not associate financial concerns with recruitment discussions, however, this very topic has become an increasing news theme over recent months…

Most employees experience money worries.

But what does this all have to do with recruitment?

Working towards solutions…

  • This issue presents both a challenge and an opportunity. The more that these discussions take place, the more likely employers are to find ways of supporting their team. While the most innovative companies can make this another staff attraction and retention differentiator.
  • Professionals will also feel less alone in their money worries. Anyone who has concerns that they are unable to discuss with their employer would be wise to contact the Money Advice Service. This is a free, impartial service.
  • On a separate note, if you’ve never really got to grips with your payslip and tax code, this post should help.
  • If you’re wondering whether you could earn more for your career experience and skill-set, speak with your Recruitment Consultant. Regularly researching jobs in your industry can also improve your knowledge of the going market rates.