Employee engagement
impacts businesses

According to Gallup’s report, highly engaged business units achieve 59% less turnover. Successful employers offer attractive benefits schemes to create an effective chain reaction. A collaborative work environment creates a productive and satisfied workforce, which facilitates businesses to increase their profits, enhance their growth and gain the competitive edge.

Employee engagement
impacts businesses

According to Gallup’s report, highly engaged business units achieve 59% less turnover. Successful employers offer attractive benefits schemes to create an effective chain reaction. A collaborative work environment creates a productive and satisfied workforce, which facilitates businesses to increase their profits, enhance their growth and gain the competitive edge.

£70B The UK’s annual loss in productivity due to disengaged employees

(Clear Review, 2019)

59% Less turnover is
achieved by highly
engaged business units

(Clear Review, 2019)

72% Employees would work harder with a comprehensive staff appreciation programme

(Clear Review, 2019)

Up to 22% Employees can be more productive when they’re engaged, motivated and work efficiently

(Clear Review, 2019)

£70B The UK’s annual loss in productivity due to disengaged employees

(Clear Review, 2019)

59% Less turnover is
achieved by highly
engaged business units

(Clear Review, 2019)

72% Employees would work harder with a comprehensive staff appreciation programme

(Clear Review, 2019)

Up to 22% Employees can be more productive when they’re engaged, motivated and work efficiently

(Clear Review, 2019)

£70B The UK’s annual loss in productivity due to disengaged employees

(Clear Review, 2019)

59% Less turnover is
achieved by highly
engaged business units

(Clear Review, 2019)

72% Employees would work harder with a comprehensive staff appreciation programme

(Clear Review, 2019)

Up to 22% Employees can be more productive when they’re engaged, motivated and work efficiently

(Clear Review, 2019)

UK Employment by Industry

According to the Office for National Statistics (ONS), we compare the number of non-seasonally adjusted jobs in the UK by industry between Q4 2017 and Q4 2019, which are as follows:

UK Employment by Industry

According to the Office for National Statistics (ONS), we compare the number of non-seasonally adjusted jobs in the UK by industry between Q4 2017 and Q4 2019, which are as follows:

Future Workforce Updates CUS

Workforces need to be resilient by embracing change, fostering diverse cultures and age groups while keeping abreast of the latest technologies to achieve success.

14% may disappear & 32% may change radically
Existing jobs will be affected by automation in the next 15-20 years.
Millennials will comprise the largest share of the workforce
between 2020 and 2030.
The world urban population is expected
to increase by 2050.

Future Workforce Updates CUS

Workforces need to be resilient by embracing change, fostering diverse cultures and age groups while keeping abreast of the latest technologies to achieve success.

14% may disappear & 32% may change radically. Existing jobs will be affected by automation in the next 15-20 years.
Millennials will comprise the largest share of the workforce between 2020 and 2030.
The world urban population is expected to increase by 2050.

Future Workforce Updates CUS

Workforces need to be resilient by embracing change, fostering diverse cultures and age groups while keeping abreast of the latest technologies to achieve success.

14% may disappear & 32% may change radically
Existing jobs will be affected by automation in the next 15-20 years.
Millennials will comprise the largest share of the workforce
between 2020 and 2030.
The world urban population is expected
to increase by 2050.

Forecasting the UK Labour Market

The Warwick Institute for Employment Research has created a comprehensive assessment of the UK labour market, which compares the employment levels between 2014 and the projections for 2024 regarding the nine broader groups of the Standard Occupational Classification 2010.

This wealthy source of data defines which occupations will be, or won’t be, in demand while offering insights for training providers to focus on the relative skills.

Forecasting the UK Labour Market

The Warwick Institute for Employment Research has created a comprehensive assessment of the UK labour market, which compares the employment levels between 2014 and the projections for 2024 regarding the nine broader groups of the Standard Occupational Classification 2010.

This wealthy source of data defines which occupations will be, or won’t be, in demand while offering insights for training providers to focus on the relative skills.

Spring 2020: Upcoming Investments

On March 11th, the Chancellor of the Exchequer to Parliament presented the very first UK budget after its official separation from the European Union. Throughout the transition period, which will end on December 31st 2020, almost all EU rules will still be in effect. Government funding to support public services and the UK economy in general, includes:

Departments’ day-to-day spending: increased by around £30 billion a year from 2021/22. Some of which is met through the direct benefit of not making payments to the EU budget as a member state.
NHS: extra £6 billion over this Parliament.
Department’s capital spending: increased by around £14 billion a year in 2020/21 – 2023/24 and over £22 billion in 2024/25. Other, more specific, capital spending was also announced.
Roads: £27 billion investment in English strategic roads between 2020 and 2025.
Urban transport: £4.2 billion for five-year, integrated transport settlements for eight city regions.
A £2.5 billion National Skills Fund to improve the technical skills of adults.
Broadband: £5 billion to support the rollout of gigabit capable broadband in the most difficult to reach 20% of the country.
Housing: additional £9.5 billion for the Affordable Homes Programme, from 2021/22 to build affordable homes across England.
Flooding: the Government will double the amount it invests in the flood and coastal defence programme in England to £5.2 billion over six years.
R&D: plans to increase public R&D investment to £22 billion per year by 2024/25.

Mental Health
Impact on UK businesses

Mental health can have a severe impact on employees. Employers can experience negative consequences, such as reduced productivity and increased staff turnover, which cost businesses financially. Investing in a mentally healthy workforce, through medical benefits and wellbeing resources, is cost-effective and good for business.

£35 billion was the amount that mental
health problems in UK workforce
cost employers last year

Source: Centre for Mental Health

£1,300 is the amount per employee
that mental health costs the
UK economy

Source: Centre for Mental Health

£35 billion was the amount that mental
health problems in UK workforce
cost employers last year

Source: Centre for Mental Health

£1,300 is the amount per employee
that mental health costs the
UK economy

Source: Centre for Mental Health

£35 billion was the amount that mental
health problems in UK workforce
cost employers last year

Source: Centre for Mental Health

£1,300 is the amount per employee
that mental health costs the
UK economy

Source: Centre for Mental Health

Workplace Absence Costs

Sickness absence and health in the workplace is a crucial issue for employers. In addition to lost productivity, workplace absence has a substantial financial impact on businesses’ bottom line. Offering healthcare and wellbeing benefits can improve the health of your employees both in and out of the workplace.

£56 billion is the amount that sickness absence costs the UK economy each year, including lost time, management costs and productivity losses
Source: Personnel Today (2019)
141.4 million working days were lost because of sickness or injury in the UK during 2018, the equivalent of 4.4 days per worker
Source: ONS Report (2019)
£554 per employee is the estimated annual cost of sickness absence for UK businesses, based on data published in the latest research report from the
Chartered Institute of Personnel and Development (CIPD)
Source: Chartered Institute of Personnel and Development (CIPD) (2020)
Four of the most common reasons for sickness absence in 2018 were minor illnesses (including coughs and colds), musculoskeletal problems (including back pain and neck and upper limb problems), “other” conditions (including accidents, poisonings and diabetes), and mental health conditions (including stress, depression and anxiety)
Source: ONS Report (2019)
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Head Office: Oak House Reeds Crescent, Watford WD24 4QP
Registered Office: Wynyard Park House, Wynyard Avenue, Wynyard, TS22 5TB
Get in touch

© 2020 Centralus Corporation Limited. All Rights Reserved. Centralus is the trading name of Centralus Corporation Limited, a company registered in England & Wales

with company registration number 09560385 and registered office address at Wynyard Park House, Wynyard Avenue, Wynyard, TS22 5TB.

Where to find us
https://www.centralus.co.uk/wp-content/uploads/2020/04/img-footer-map1.png
Head Office: Oak House Reeds Crescent, Watford WD24 4QP
Registered Office: Wynyard Park House, Wynyard Avenue, Wynyard, TS22 5TB

© 2020 Centralus Corporation Limited. All Rights Reserved. Centralus is the trading name of Centralus Corporation Limited, a company registered in England & Wales with company registration number 09560385 and registered office address at Wynyard Park House, Wynyard Avenue, Wynyard, TS22 5TB.

Contact us
Where to find us
https://www.centralus.co.uk/wp-content/uploads/2020/04/img-footer-map1.png
Head Office: Oak House Reeds Crescent, Watford WD24 4QP
Registered Office: Wynyard Park House, Wynyard Avenue, Wynyard, TS22 5TB
Get in touch

© 2020 Centralus Corporation Limited. All Rights Reserved. Centralus is the trading name of Centralus Corporation Limited, a company registered in England & Wales with company registration number 09560385 and registered office address at Wynyard Park House, Wynyard Avenue, Wynyard, TS22 5TB.