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Delegates at China’s National People’s Congress voted to pass the Foreign Investment Law, which is aimed at levelling the playing field for local and foreign businesses in China. Coming into effect on 1 January 2020, the move is seen as a signal from China to the US in the context of their ongoing trade negotiations, especially considering the law was passed so quickly after drafting. However, it has been criticised for being too vague and… Read more
A previous jobseeker who turned up a month early for her Skype interview with Microsoft has landed her dream role with the tech giant.
Laura McLean, now 22, went viral after exchanging a series of messages with the firm following her confusion over the date of the job interview to win a 12-month placement.
The student logged into her Skype interview on 18 January 2019, when her interview was in fact scheduled to take place… Read more
Almost half, or 45% of UK workers do not feel comfortable asking their employer for a pay rise, according to survey data from CV-Library.
The survey of 1,200 UK professionals also showed that 31% claimed that they wouldn’t feel comfortable negotiating pay with a new employer either.
Furthermore, according to CV-Library, 61% of UK workers haven’t received a pay rise in the last 12-18 months. Of those who did, 38% received an increase of up… Read more
Employers in 2019 are facing the most challenging job market in recent memory. During the last year alone, unemployment hit a 49-year low, companies added 18% more jobs than in the previous year, and the quit rate hit its highest level since 2001.
Navigating the new hiring reality is driving companies to adapt their established recruiting strategies to better motivate job seekers, emphasizing market-rate compensation, corporate culture and the candidate experience. Implementing these changes requires… Read more
Preparation is essential when it comes to acing a job interview, with the most crucial part of the preparation stage beginning the night before.
Making sure that the paperwork is organised, bags are packed and clothes are laid out are all part of the pre-interview preparation process. With that in mind, Forbes has compiled a list of the top five things that interviewees should do the night before the big day.
1. A good night’s… Read more
Procurement organisations are moving toward gender parity but women have yet to gain a secure hold on the highest levels of the function.
Management consultants Oliver Wyman surveyed more than 300 CPOs in Europe, the US, and Asia across 14 industries, 41% of whom were female.
Its report, Women in procurement: Gender parity is a key to better performance, found numbers are growing. “Sixty percent of CPOs in our survey said that there were more… Read more
The report of the government’s independent review of the Modern Slavery Act is due to be published at the end of the month.
The government commissioned Frank Field MP, Maria Miller MP and Baroness Butler-Sloss to carry out the review with the aim of strengthening current legislation as modern slavery evolves.
Already they have delivered some interim conclusions – notably regarding the transparency of supply chains.
It says: “It is clear the current approach, while… Read more
The ONS has released it labour market economic commentary for the months from November 2018 to January 2019.
The level of employment in the UK increased by 222,000 to a record high of 32.71 million in the three months to January 2019. The UK employment rate was estimated at 76.1%, higher than for a year earlier (75.3%) and the highest figure on record.
The UK unemployment rate was estimated at 3.9%; it has… Read more
The number of seasonally adjusted temporary employees in the UK increased slightly by 0.2% year-over -year to a total of 1.55 million for the three months ended January 2019, according to the latest report published today by the Office of National Statistics (ONS).
The number of temporary employees as a percentage of total employment was 5.6%, steady compared to the same period a year ago.
The ONS figures relate to all temporary workers, not just… Read more
New findings suggest that UK businesses without a flexible workspace policy risk losing out on top talent. That’s according to research conducted by IWG, which shows that 80% of those in the UK would choose a job which offered flexible working over a job that didn’t.
And it seems many would prefer this benefit over other popular perks, as almost a third (28%) said they value being able to choose their work location over an… Read more