Recent studies have shed light on a concerning trend affecting thousands of employees across the UK—outdated expense management systems are leading to substantial financial losses. According to research conducted by Weavr, these antiquated processes cost office workers millions annually, and the ramifications extend far beyond mere economic inconvenience. The survey, involving more than 500 office workers, unveiled a staggering £690
Despite years of efforts to bridge the gender pay gap in the UK, recent analysis shows that it will take until 2065 for the gap to close, highlighting a concerning reality that progress is still painstakingly slow. A study conducted by pensions and reward company Isio analyzed data from 10,000 companies, revealing that women’s median hourly pay in the 2023-24
A growing consensus is emerging among employers and researchers about the need for stricter enforcement and potential banning of unpaid and underpaid internship schemes. The research conducted by the Sutton Trust highlights several critical issues related to access and equitable distribution of internships, which have become essential for securing desirable job positions. Presently, there is a noticeable class divide that
In today’s highly competitive job market, employers strive to differentiate themselves by offering unique benefits packages to attract and retain top talent. Beyond the essential elements like health insurance, retirement plans, and paid time off, a growing trend includes offering estate planning services as an additional employee perk. This unconventional benefit significantly contributes to the financial well-being of employees and
In 2024, a significant shift has emerged in the landscape of employee bonuses, characterized by an increase in the average bonus amount but a decrease in the overall number of employees receiving them compared to recent years. Companies are strategically directing bonuses towards retaining top-tier talent rather than broadly distributing them across the workforce as seen during the hiring booms
In a major initiative that began in 2024, BetConstruct and Fast Track are expanding their collaboration to introduce an advanced player engagement and CRM solution designed specifically for the Latin American iGaming market. This dynamic partnership aims to leverage AI technology and real-time data, enhancing player retention and crafting personalized experiences. As the Latin American region, including Brazil, is on
In today’s competitive business landscape, maintaining strong customer relationships is crucial for success. Customer Relationship Management (CRM) systems have become indispensable tools for businesses aiming to enhance customer experiences, streamline operations, and drive growth. By leveraging CRM strategies, companies can manage and improve customer interactions, leading to increased satisfaction and loyalty. The evolution of technology has prompted significant advancements in
In a recent report on bonuses for 2024, a complex picture emerges where certain sectors witnessed significant growth in bonuses, while others faced noticeable declines. Although average bonuses have indeed increased in multiple sectors, the overall number of employees receiving these incentives has dropped, indicating a shift in employers’ strategies. For instance, sectors such as Communication and Real Estate saw
The relationship between employees and companies is on the brink of a significant transformation, particularly in the realm of employee benefits. By 2025, this shift is expected to accelerate, driven by employees’ demand for personalized, holistic support that recognizes them as individuals rather than interchangeable parts of the workforce. Employees are seeking benefits tailored to their specific personal and professional
In an ever-evolving market landscape, businesses must harness the full potential of CRM and AI technologies to keep up with rapidly changing consumer trends and expectations. The strategic application of these technologies is crucial for businesses aiming to stay competitive. The report identifies key trends that will shape future consumer behaviors, increasing the necessity for effective CRM and AI integration
The increasing prevalence of burnout among younger workers reveals a significant generational divide in workplace stress and mental health, raising concerns among employers. Recent data from Mental Health UK’s 2025 burnout report indicates a notable decline in the number of young workers willing to discuss stress and difficulties with senior staff. This reluctance has coincided with an alarming rise in
The modern workforce management landscape is progressively tilting towards advanced technological solutions, creating new challenges and opportunities for companies seeking efficient payroll systems. With numerous businesses grappling with the dual demands of robust technology and skilled personnel, the focus has shifted to finding an equilibrium that fosters both efficiency and compliance. This balance is becoming increasingly essential as companies navigate
