Hi everyone, here are the main HR and employment law stories making the news today. Just click on the titles to see the full article.
Some of Britain’s largest companies will need to recruit or promote 40 per cent more women into senior positions if firms are to meet new targets and help make the UK a global leader in gender diversity.
Figures out today from the government-backed Hampton-Alexander Review, an independent study into the number of women in senior positions within business, show that progress has been made at board level, but the review set challenging new targets among senior leadership roles.
The number of women holding board-level positions within FTSE 100 companies has more than doubled since 2011, putting them on target to ensure that at least one third of board positions are held by women by 2020. There are only seven female chief executives in the FTSE 100, including Alison Brittain of Whitbread.
But the review also announced an extension of the voluntary 33 per cent target to senior levels within all FTSE 350 firms, and called on businesses to do more to improve gender diversity.
Barclays, Waitrose and the MacMillan Unit at Christchurch Hospital, are just a handful of businesses to be commended for their commitment to employee development by Her Royal Highness, The Princess Royal, at a ceremony at St James’s Palace last week.
Now in its second year, The Princess Royal Training Awards, delivered by the City & Guilds Group, highlight the value of training and skills, celebrating examples of best practice.
On Thursday, Princess Anne welcomed her guests, outlining that the higher number of applicants for the award this year, was encouraging. She said: “We want to set the bar high, as it reflects on the need for our skills to be relevant in today’s workplace.” In order to plug the highly cited skills gap, she emphasises the importance of sharing learning with each other and the wider community, commending those committed to and enthusiastic about development.
One of those firms, who successfully demonstrated the impact of training on productivity and the business, is Waitrose. The supermarket firm was commended for their innovation of a game, designed to improve stock management behaviours, reduce waste and improve profitability.
Despite almost two-thirds (65%) of British employees saying they would consider an extended leave away from work, it seems they are unlikely to take such a break and instead risk burn-out.
New independent research commissioned by travel specialists Opodo.co.uk compared Britain with other nations across Europe and the USA, which reveals that British workers are lagging behind employees from other countries when it comes to flexible working hours and benefits like extended leave such as ‘sabbaticals’.
UK employees are among the other European nationals most likely to be allowed extended leave by their current employer, with one in five (20%) polled in Britain saying their workplace allows them to take this break.