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Archive for June, 2014

Employment is not the traditional anymore

Monday, June 16th, 2014

20140526_152000I was at the latest Bank of England Inflation Briefing last month and the official report confirms that employment, as we used to know it, has changed.

It is no longer a full time permanent role, but much more fluid in its context.

Employment rose by 240,000 in the three  months to February 2014. That followed a rise of 280,000 in the three months to November 2013. and importantly, over half of the increase in the six months to February was accounted for by self-employment, which rose by almost 300,000. There are of course, many reasons for this trend, but a trend it is.

Employment itself can also mean part-time and temporary; part -time and ‘permanent’; full time and temporary or permanent and any combination of the above. I think what is important to see is the different ways paid work is evolving. Senior managers¬†need to understand and combine the needs of the business with the opportunities both inside and outside the company to employ the right talent in a way that generates advantages to both.

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