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Generation Y would forego salary for work/life balance

Date: 1:22am, 23 Jul 2008

Generation Y – the next generation of workers – want a good work-life balance and are willing to forego salary to have a happier, more varied career

According to a panel discussion of 18-year-old students from several different countries was held at the London Business School on 8th July. It featured Generation Y students, defined as those between 11 and 25. Most said they preferred not to work in multinationals and felt their parents worked too hard.

The seminar was hosted by iOpener, a consultancy based in Oxford that enables organisations to implement strategy and deliver key results by focusing on happiness at work, in conjunction with Talent Plus, a global human resources consultancy firm. The event was attended by several big employers such as Tesco.

The focus was how Generation Y might shape the working patterns of the future.  Read more

Exhausted mums have had enough, says survey

Up to two thirds of working mothers who have children under seven want to leave their jobs, says research from Ukfamily.co.uk, Disney’s new parenting website. The main reasons were exhaustion: 84% felt physically worn out, 68% felt “exhausted” and “emotionally drained” and 80% had less than an hour a day to themselves. Some 57% of the 2,000 parents surveyed thought there wasn’t enough time in the day to fit in “normal family life”. Read more

Nursery place increase as more women work

The number of women working has risen by more than 10% since 1983, according to a survey. The rise – from 43% to 54% of women over 16 – is fuelling a surge in demand for nursery places. The UK’s day nursery market grew by 8% in a year, up from 5% the previous year says Laing & Buisson. The average full-time nursery place costs £143 a week. The company reports that demand for places is now outstripping supply. Read more

Discrimination win for mother of disabled boy

A legal secretary who was refused flexible working to look after her disabled son has won her case at the European Court of Justice. Sharon Coleman claimed discrimination by association – the first case of its kind. The finding will have huge implications for carers in the UK. She said she had been forced to leave her company after it had allowed other parents to work flexibly, but always turned down her requests. She said she was told she was “lazy”. Her son has a rare condition affecting his breathing. Read more

Government proposals ‘obsessed’ with full-time working

The Government’s new welfare reform proposals are obsessed with full-time working, says the campaign group Working Families. Chief executive, Sarah Jackson, said the Government was right to emphasise work as a way out of poverty, but added that the economic downturn could mean full-time jobs were scarce. “Many people currently claiming benefit may be helped back into work with a part-time or flexible working solution,” she said. “Far better that the Government encourage people to take steps back into employment that fit with their caring or health needs, than insist on full time work as the only response to a life on the dole”.

Credit crunch could fuel rise in flexible working  

The credit crunch should encourage firms to increase their flexible work policies if they want to retain their stars, says a leading work/life balance campaigner. Sylvia Hewlett, who founded the Center for Work-Life Policy in the US, says that firms are beginning to realise that flexible work packages can compensate for wage and bonus cuts in the current economic climate. “Time is the new currency,” she told The Times. Read more

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