Showing posts with label Employee News. Show all posts
Showing posts with label Employee News. Show all posts

Wednesday, 14 August 2013

Employment confidence is building every day

Coming on the back of last weeks’ news that construction is the leading sector showing growth in the jobs market, Pin Board is pleased to bring yet more encouraging news, as a new survey from the Recruitment & Employment Confederation (REC) indicates that over 56% of employers will hire more permanent staff during the next three months.  

This news confirms the feedback we have been receiving from our clients since Easter, and it finally seems the whole labour market is now feeling confident enough to start recruiting for growth. 

The latest JobsOutlook survey from the REC is based on the responses of 600 employees from the public, private and non-profit sectors and from a range of industries and organisation sizes. The survey also revealed that 49% of employers plan to increase their permanent workforce over the next four to twelve months.

REC director Tom Hadley says the survey shows that businesses “are more optimistic about the future than they were 12 months ago”.

The jobs market in England was given a further boost from the findings in the inaugural Job Confidence Index, commissioned by the National Careers Service. The results based on a study of more than 4,000 people in England, carried out by ICM Research, gives an overall job confidence score of 51.8 out of 100 (50 indicates neutral job sentiment). 

It seems that everywhere you look the balance is leaning towards a positive future, rather than the negative outlook shown earlier in the year.

Employees have understandably been concerned about the lack of stability in their current roles, and have also been reluctant to take the plunge and look for a new job. However, this feeling is beginning to change. 

The survey reveals that 74% have become more confident or maintained the same level of confidence in their ability to keep their current role or find a new job over the next three months.

Even more encouraging is that three-fifths of employed people feel that it would take them fewer than six months to find a new job that they wanted if they were made redundant, with 38% feeling they would need no more than three months.

The construction industry was also given a boost in the latest Markit/CIPS Construction Purchasing Managers’ Index which showed that the construction industry was in its third consecutive month of increased orders, and showing it highest level of activity for over three years.

The construction industry has felt the full impact of the recession over the last 5-6 years, and really deserves to reap the benefit of a sustained recovery. 

Pinnacle Consulting is a specialist construction sales and marketing recruitment agency, that actively supports manufacturers, merchants and distributors of building products and materials to find them high quality employees. If you are looking to add to your team, or if you are ready to start the next stage of your career development, contact us today on 01480 405225.





Image courtesy of adamr / FreeDigitalPhotos.net

Thursday, 14 February 2013

Longevity in a job: What can we learn from Alex Ferguson & Arsene Wenger?

Longevity in a job is now less prevalent and one of the reasons is that it’s difficult to achieve continued success and have a fresh approach over a prolonged period of time with the same employer.

People who excel at their jobs will either thrive with their existing employer or develop their career at another company. However if you do stay with the same employer, how can you ensure sustained success?

Football can provide us with valuable analogies, so let’s take a look at two of the longest serving managers in the game: Arsene Wenger and Alex Ferguson. Despite both being very successful over a long period of time, one has maintained success to the present day and one is living on his past successes. What can we learn from them? 

Our guide to achieve sustained success:

Change and evolve
Don’t think you’ve cracked it and that what you do will always work - it won’t. Make sure you are open to new systems, technology and thinking. In football this might be training, diet, formations, fitness analysis and backroom team structure. In business, this might be information technology, sales methods, market focus, product development/range, promotional activity or packaging, literature and support services. How many times have you heard someone ask the question: “Why do we do that?” and the answer is “We’ve always done it.” Make sure you know what you’re trying to achieve.

You need to find time to discover new ideas and concepts to avoid being locked in a photograph of better times. You also need to accept that others can help in the areas you’re weak or offer fresh thinking - eg for Arsenal’s defensive strategy and personnel. You could also compare the coaching staff set-up to highlight this point:  the strategy of Ferguson to change his coach every few years keeps things fresh and people motivated, as well as bringing in new ideas. It should not be a revolving door, but a sensible introduction of new team members or change of focus to add value to your business. 

Ferguson spoke recently to academics from the Harvard Business School where he accepted he has had to change and adapt himself to ensure maximum response.

“Players these days have lived more sheltered lives, so they are much more fragile now than 25 years ago. I was very aggressive all those years ago. I am passionate and want to win all the time. But today I’m more mellowed - age does that to you. And I can better handle those more fragile players now.”

Don’t rest on your laurels
Success ends the second you have succeeded. However success and longevity in a job will buy you some credit when things start to slide - if anyone other than Wenger had not won anything in 8 years they would not be in the job - but ultimately it will end in failure if you do not continue to look forward.

Once the spiral starts, your supporters or team lose faith and ignore your vision. The company/department will act as a disparate team, leading to stagnation or failure and your hard work counts for nothing.

Alex Ferguson has always had the attitude that once success has been achieved, enjoy it that day and the next day focus on the next success. You need to ensure others do not catch up with you and it is easier to grow when you are successful. Wenger is finding it hard playing catch-up to attract players to his squad or to encourage them to stay. Clubs are also losing the fear factor when visiting the Emirates.

Ferguson said: “We look at the training sessions as opportunities to learn and improve. The players may think ‘Here we go again’ but it helps to win. The message is simple: we cannot sit still.”

Keep your mind and thinking focused
Don’t find yourself looking over your shoulder, making your thinking unfocused and allowing your position to weaken; it might affect your ability to move in the future.

If something is not working then change it to ensure that it does. It is vital that your thinking is not clouded or stubborn just to make a point, when everyone else can see what’s wrong. Perhaps Wenger’s transfer policy is an example of this: if he had shown more flexibility the team would be much stronger. So, learn from your mistakes with an uncluttered mind that allows sound decision-making.

Above all, make sure you have plans with defined end-goals. However don’t forget that the way to achieve your goals can change.

Demand hard work and excellence from your team
It is vital to show strength and command respect from your team and colleagues. If members of your team develop and succeed it will mean you and your company will too. You will also maximise your team’s potential and your colleagues will respond accordingly and up their game. However, don't be afraid to delegate - I am sure Steve Bould at Arsenal would appreciate having the autonomy to exert his influence and being allowed to flourish in his role as first team coach.

If you show weakness or become complacent this can spread through your team and the extra 10% that keeps you at the top will disappear. If there is a problem, deal with it, don’t let it fester and do damage.

For a manager who is infamous for his “hairdryer” treatment to players, Ferguson knows that it is not all about losing his temper but knows that his authority can’t be undermined: “You can’t always come in shouting and screaming,” he said. “That doesn’t work. No one likes to get criticised.”

“But in the football dressing room, it’s necessary that you point out your players’ mistakes. I do it right after the game. I don’t wait until Monday, I do it, and it’s finished. I’m onto the next match. There is no point in criticising a player forever.

“You can’t ever lose control - not when you are dealing with 30 top professionals who are millionaires. If they misbehave, we fine them, but we keep it indoors. And if anyone steps out of my control, that’s them dead.” (Note: it is not a good idea to kill your employees!).

A team needs support and encouragement, so make sure you do this when they deserve it - it will make them inspired to achieve more. In business this could mean greater sales, resulting in more commission or promotion and in football this could mean more silverware or a better contract. If a team does not show continuous improvement then the consequences could be disastrous. You rely on your team so make sure they perform for you and know that only the best will do. 

Ferguson covered this with the students: “There is no room for criticism on the training field. For a player - and for any human being - there is nothing better than hearing ‘well done’. Those are the two best words ever invented in sports. You don’t need to use superlatives.”

Knowing when the full-time whistle is due
Much of the above begs the question: when is a good time to leave for your career? This is very difficult to get right and it does not often work out how you want it to. 

You might be asked to leave, you might leave when your earning potential is not at its peak, you may have missed opportunities that you should have taken, you might want to achieve more at your current company and stay, or you might want to leave when you could achieve more but go elsewhere for a different kind of challenge. It’s different for everyone, but it is also important to remember that after every failure is a success, even Ferguson has failures. Thank you Marc Overmars!

Very few manage to reach retirement still achieving sustained success at the same company. “Arsene knows” fans used to say, but it looks like he no longer does and his time is coming to an end. Whereas ‘Fergie time’ looks to continue until he decides to blow his own whistle. Whatever happens these extraordinary men should be an inspiration for us all to achieve our objectives in our professional lives.

As a passionate Arsenal fan it is difficult to admit that Arsene’s judgment is off and a good percentage is of his own making. Perhaps ‘Le Professeur’ is intelligent enough to stop the rot and learn from his mistakes - we will see if he can achieve his greatest success – effective management of himself.

Pinnacle Consulting can provide assistance and career guidance to those looking to develop their career with their existing employer or a new employer. Why not attend one of our PinBuild Career Development Clinics and let us help you map out a career path and stay on the ball in your particular field of expertise. You don’t want to have a relegation year ahead...

Call us on 01480 405225, email us via recruit@pinnacleconsulting.co.uk or look at our website www.pinnacleconsulting.co.uk

Wednesday, 3 October 2012

The biggest change in work place pensions for over 100 years

The biggest change in pensions since the last full Liberal Government over 100 years ago took effect this week with the introduction of the new workplace pension scheme. The workplace pension is designed to supplement the current state pension to try and give millions of low and middle-income earning employees the chance of a better retirement.

These changes will have a great impact on employers and employees over the next few years.

It has been introduced due to the decline in workers’ pension provision as a growing number of employers are not providing or offering anything to their employees and also to recognise that fact that the meager state pension is not enough on its own.

Official figures show that the number of private sector workers paying into a pension is at its lowest since records began in 1953 – in 2011 only 2.9 million private sector workers put money into schemes.

The new workplace pension is being viewed as a step forward to ensure that workers at least have a chance of a stable retirement, although some critics have warned that the new scheme has not gone far enough.

It will affect millions of UK employees. The National Association of Pension Funds (NAPF), said its research shows that only a quarter (24%) of workers earning £14,000 or less save into a workplace pension. The new reform will reach those who have no pension: the young, the low-paid and those working for small businesses.

TUC general secretary Brendan Barber said: "With this Government and the last helping ensure a wide consensus around the reform package, we have some certainty that we are now at the beginning of a pensions new deal. Of course it can and should be made better, but we now have what should be a stable framework."

A simple guide to the new system
The system is expected to work due to its simplicity. The company that you work for chooses a simple pension and they put money in and you put money in – although you do have the option to opt out.

The process started with the biggest employers on 1 October 2012 and will then be staggered over the next few years until 2018. The smallest employers begin auto-enrolment for their staff in January 2015. To see the full auto-enrolment timetable please click here.

Workers will either join their existing employer's scheme, or one of the new group schemes that employers can use e.g. National Employment Savings Trust (NEST).

  • Must be aged 22 to the state pension age
  • Workers not already in a company pension scheme will be enrolled
  • Workers must be earning at least £8,105 a year
  • The contribution they, and their employers, make will be based on their wage - the first £5,564 a year they earn will not be taken into account. Any earnings above £42,475 will also be ignored. Therefore, anything between £5,564 and £42,475 is known as their pensionable pay
  • Staff can opt out

Contributions gradually rise over time - this is to assist both workers and employees in the initial stages of the scheme. The starting figure for staff is a minimum of only 0.8% of their pensionable earnings and on top of that employers will have to pay in 1% of their employees' pensionable earnings, with tax relief contributing another 0.2%.

The levels will eventually rise to 4% from the employee, 3% from their employer and 1% in tax relief, giving a total of 8%.

The contributions will be invested and then when the employee retires, the earliest currently being 55. They will have to buy an annual pension, or annuity, with their accumulated pot.

Full details can be found here
http://www.dwp.gov.uk/policy/pensions-reform/workplace-pension-reforms/