Call us on
0161 941 2426
It’s been another week of interesting news and insights from the world of HR. Here’s a handful of those stories that have got everyone in the P3 People Management offices talking this week.
Ah, that dreaded overtime. Across most industries, overtime is unavoidable to get things done and meet tight deadlines. According to research by TUC, employees are completing £33.6 billion worth of unpaid work each year. There are also stats reported by The Mirror that over 5.3 million employees work an extra 7.7 hours each week without pay, amounting to approximately £6,301 over the year. The article contains a list of the top roles when it comes to overtime – here are the top five including the amount of unpaid hours worked per week:
Think tank Resolution Foundation undermines assumptions that Millennials job hop more than older workers. According to its Study, Work, Progress, Repeat report, younger employees are missing out on pay rises of up to 15 per cent by staying with their current employers and that someone born in the mid-80s is half as likely to move job at the age of 25 as someone born a decade earlier. Senior policy analyst at the Resolution Foundation, Laura Gardiner commented that these findings are particularly damaging given this is an age when workers are likely to get the biggest pay rises.
The report also revealed a significant reduction in incremental pay rises, with millennials no longer rewarded for their loyalty. Gardiner said: “It used to be that when you stayed with your employer for more than five years around the age of 30 you would get a pay rise of about 4 per cent a year – now you get around zero in real terms.”
We all know that an excellent cover letter can prove to be the golden ticket in getting your much-desired role. However, selling yourself on just one piece of paper can prove to be a tough task. Luckily, associate director of Michael Page Human Resources, Jake Bradley, offers his top tips in this article on how to create the perfect cover letter, which include:
A piece of advice from the P3PM team is to read your cover letter out loud to make sure the sentences are brief and concise and that the tone is just right so that it’s engaging and conveys your personality.
Today’s job market can be tough, but one lucky 23-year-old managed to hold onto his job and it’s all thanks to his parents. When car spray-painter Tom Maunder was made redundant his mum and dad came to the rescue and actually bought the car body repairs firm, which had gone under and was forced to lay off all of its staff. With no previous experience, the couple took over all of the assets, formed a new company called Scuffed Up, and, most importantly, wasted no time in rehiring their son as a spray-painter. Mrs Maunder said: “We put in a modest bid for the business which we thought would be rejected but, lo and behold, it was accepted. My husband taught some painting at a local college – apart from that we knew very little about spray painting. But we are slowly getting there.” We wish the Maunder family the very best of luck!
“"We have worked with P3 for over 3 years and have found the service we have been given to be invaluable. As a growing organisation, the HR element was taking up more and more of the Board's time. HR are always present at our Board meetings and the time we have saved ourselves allowing this key business function to run smoothly, efficiently and as it should do has paid huge dividends for our growth and our staff retention. Our people and culture have not looked back since we made this decision. "”
Focussing on retaining your talented workforce should be a key priority to keep your organisation ahead of the competition. According to Accounts and Legal, a UK small business accountant, the average cost;
A workplace disaster of any nature can negatively impact your employees’ health, your customer service and possibly damage your brand’s reputation. If your business follows the rule that ‘disasters don’t plan ahead, but;
Get the latest updates from P3 and great advice on how your HR can be improved.