Thinking of expanding your business? Just how much does it cost for a company to hire a new employee? Find out the average cost of hiring a new team member and compare the cost of a graduate, and experienced candidate.
[Read more…] about How Much Does It Cost To Hire Someone In The UK? Graduate vs Experience
For years many cities around the world have attempted to close the gap with the USA and Silicon Valley. We’ve looked at the best cities to work and live in for young innovators and ranked them according to different metrics.
From broadband speed to average salaries, find the world’s rising tech hubs below:
| City | Internet Index | Business Index | Living Index | FULL WEIGHTED INDEX |
|---|---|---|---|---|
| Boulder | 6.67 | 6.80 | 8.72 | 7.39 |
| Houston | 7.00 | 6.48 | 7.61 | 7.03 |
| Atlanta | 4.66 | 7.30 | 8.15 | 6.70 |
| St. Louis | 6.62 | 5.13 | 7.42 | 6.39 |
| Stockholm | 5.37 | 4.24 | 9.32 | 6.31 |
| Tel Aviv | 2.49 | 6.91 | 8.35 | 5.92 |
| Helsinki | 3.91 | 3.43 | 9.46 | 5.60 |
| Jerusalem | 2.54 | 5.80 | 7.34 | 5.23 |
| Montreal | 3.26 | 5.00 | 7.13 | 5.13 |
| Kuala Lumpur | 4.57 | 6.16 | 4.51 | 5.08 |
| Bangalore | 3.17 | 8.20 | 2.63 | 4.67 |
| Ottawa | 3.97 | 3.38 | 6.38 | 4.57 |
| Malta | 3.24 | 2.53 | 6.78 | 4.18 |
| Quebec City | 3.97 | 5.00 | 3.43 | 4.13 |
| Shenzen | 1.49 | 5.01 | 5.87 | 4.12 |
| Sao Paulo | 2.09 | 4.24 | 5.26 | 3.87 |
| Tallinn | 3.21 | 3.78 | 4.48 | 3.82 |
| Lisbon | 3.10 | 2.31 | 4.87 | 3.43 |
| Santiago | 1.56 | 3.79 | 4.48 | 3.28 |
| Johannesburg | 1.25 | 2.76 | 4.68 | 2.90 |
| Colombo | 1.47 | 4.75 | 1.66 | 2.63 |
| Lagos | 1.12 | 1.45 | 2.34 | 1.64 |
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Across many industries companies of all shapes and sizes offer benefits for their employees. But how does the opinion of the British public compare to what businesses are actually doing for most of their workers?
Companies set up benefits for their employees to keep them happy. We asked people what they currently receive but also what they would value over a pay rise.
| Perk | % Who Pick As The Best Perk They Currently Get | % Who Pick This As The Perk They Most Want | Examples |
|---|---|---|---|
| Employee discount | 19.61% | 11.05% | Harrods - 33% off all items |
| Additional holiday / Sabbatical / Flexible working hours | 18.82% | 26.28% | Virgin - Unlimited Holiday |
| Training Budget | 11.82% | 3.06% | Barclays - Interview Assistance for Prospective Employees |
| Food / Drink | 11.25% | 9.18% | Google - Free Catering |
| Wellness (yoga, massages, bring your dog) / Health / Maternity / Paternity | 10.38% | 10.54% | MADE.com - Bring Your Dog To Work |
| Events / Away Days / Dress-Down Fridays | 10.31% | 5.36% | JustEat - Resident DJ for Office Parties |
| Insurance | 9.01% | 10.80% | Allen and Overy - On-Site Doctor and Dentist |
| Travel / Company car | 5.98% | 16.41% | Audi - Company Car |
| Luxuries | 2.81% | 7.31% | Cogeco Peer 1 - Office Pub, Treehouse, Putting Green |
Is the UK happy with the extra benefits their employer provide? We’ve asked males and females across the country to rate their perks.
How happy are you with the benefits you currently receive at work?
| Choice | Female | Male |
|---|---|---|
| Very happy | 13.86% | 18.37% |
| Somewhat happy | 45.43% | 42.05% |
| Neither happy nor unhappy | 26.55% | 25.44% |
| Somewhat unhappy | 11.80% | 10.60% |
| Very unhappy | 2.36% | 3.53% |
As you go through life, your priorities change and so too will the benefits you look for from your employer. A lot is said about each generation, but what do they prioritise in terms of their working benefits?
We asked: “If you were looking to apply for a new job, which of the following perks offered by a company would most increase the likelihood of you applying for a job with them?”
| Perk | Gen Z (18-24) | Millenials (25-38) | Gen X (39-52) | Baby Boomers (53-60) |
|---|---|---|---|---|
| £4,000 housing contributions | 28.76% | 21.74% | 15.94% | 14.98% |
| Sabbatical - Up to 6 weeks paid leave | 23.53% | 19.48% | 22.11% | 21.71% |
| £1,200 to spend on exercise/fitness related products | 11.11% | 14.43% | 7.77% | 5.81% |
| One years parental leave | 11.11% | 10.78% | 3.19% | 1.53% |
| Health Insurance / Death-in-service | 9.80% | 10.61% | 22.51% | 26.61% |
| Paid Volunteering Opportunities | 7.84% | 5.91% | 7.17% | 3.06% |
| New company car every 4 months | 4.58% | 5.22% | 10.36% | 8.87% |
| None of the above / not sure | 3.27% | 11.83% | 10.96% | 17.43% |
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Over 32 million people in the UK are currently employed, but in which professions do the nation face shortages?
We’ve researched job demand in the UK by the key sectors listed by the Visa Bureau. This shows where to head if you work in industries like finance, education and healthcare.
[Read more…] about 2018 UK Skills Shortage & Demand By Region
At the time of writing, (4 Jan 2018) the total value of the cryptocurrency market was roughly $759 billion, according to coinmarketcap.com.
While this is still far less than the total value of all mined gold on earth, estimated to be worth around $7.5 trillion, it is far more than the reserves of any single country’s Central Bank.