Nearly a third of Brits admit to moonlighting, new research has found.
A survey of more than 1,400 people by personal finance specialist The Motley Fool found that 7% of respondents have two jobs as well as their regular day job.
Nearly half of moonlighters (47%) work for extra money, while a quarter believe their talents are not properly recognised in their regular day job. Nearly one in five said they moonlight to broaden their horizons.
Most moonlighters keep their employers in the dark about their behaviour. Seven in 10 respondents said their main employer is unaware of their other jobs, with 43% admitting that holding multiple jobs was forbidden by their bosses.
Staff in Northern Ireland are the most likely to moonlight, followed by Wales, while people in the East Midlands are content with just one job.
David Kuo, head of personal finance at the firm, said: “While money is not necessarily the primary objective for some moonlighters, it is for almost half the people…
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CBI director-general Richard Lambert is “easier to deal with” than predecessor Digby Jones, according to arch-rival the TUC.
Sarah Veale, head of equality and employment rights at the TUC, told Personnel Today that Lambert had a better relationship with the union umbrella body than Jones.
Lambert, who spent 35 years as a journalist at the Financial Times, took over at the helm of employers’ body the CBI last year, and will speak at the TUC’s annual congress in Brighton next month.
Veale said: “We find Lambert easier to deal with than his predecessor.
“He has a much more sophisticated approach to employment relations than Digby did, and doesn’t automatically take a default negative stance on issues.”
Jones took up a position as skills envoy for the government last December, helping to launch the Leitch skills pledge in June. He then left that job – despite admitting it was only half done – to become minister of trade promotion under new prime minister Gordon Brown.
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The NHS has blamed generous pension arrangements for the £80m cost of making less than 800 people redundant in last year’s shake-up of strategic health authorities (SHA).
It spent £82.9m slashing 764 jobs as it slashed the number of SHAs – which co-ordinate care and deliver government health policy – from 28 to 10 to cut red tape.
The average senior manager redundancy package was in excess of £350,000, the BBC learned through the Freedom of Information Act.
An NHS Employers spokesperson said: “The payments are on such a scale because, historically, people who were made redundant were eligible to have their pensions paid early and topped up by up to 10 years’ service if they were over 50 years old.
“We have recently introduced new redundancy arrangements in line with the new age discrimination legislation, which will end redundancy retirements with topping up of service, are fairer for staff, and will be more affordable for employers.”
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Thousands of job cuts are expected in the UK’s financial sector as a result of the volatile equity and credit markets, economists have warned.
Up to 5,000 positions could be lost, along with annual bonuses in the wake of a turbulent time in London’s financial district over recent weeks, according to Jonathan Said, a senior economist at the Centre for Economics and Business Research.
“We are looking at job losses across industries including hedge funds, private equity, investment banks, those working in structured funds,” Said told the BBC.
He said losses would be known when the impact of the financial market was revealed. “But roughly, in the next six months, we predict up to 5,000 job cuts across banks, private equity firms, hedge funds, stockbrokers and other financial groups as they try to cut their losses,” he added.
Said also forecast a decline in City bonuses by up to 15% in 2007. Last year, bonuses in London’s financial centre increased by 18% to a record £8.8bn.
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Four shop stewards are to go on a hunger strike in protest at their treatment by the Transport and General Workers union (TG).
The men are part of a group of 22 employees who were sacked from a security firm at Belfast International Airport five years ago, and who were awarded £600,000 in compensation for unfair dismissal.
An industrial tribunal found the staff had been unfairly dismissed after going on strike in a pay dispute with their employer ICTS. It also ruled four shop stewards had been unlawfully discriminated against.
Gordon McNeill and three other stewards - Madan Gupta, Chris Bowyer and Malcolm Spencer - claim they did not get the backing of their union for the legal strike, and now plan to go on a hunger strike, beginning tomorrow.
McNeill told BBC News: “Unfortunately our trade union, for whatever reason, did not take the decision to take the matter on and move it forward,” he said.
“We have had to battle for five years. We need answers to questions from our…
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| Aug 27, 2007 04:37 PM
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