Castle Business and HR News Round Up - November
Published 25 November 2014
Our roundup of the latest business and HR news making headway in the press. This month offers some bleak news for those working in our aerospae industry while supermarket chain Aldi offers hope for the job marketing thanks to a major investment in the UK. Ther are also some thought provoking articles on how technology will threaten our lower skilled job roles and continueing gap in pay between the genders.
New research suggests ten million British jobs could be taken over by computers and robots over the next 20 years, wiping out more than one in three roles. It is said that low-paid, repetitive positions are most likely to go, with people earning less than £30,000 a year five times more likely to see their jobs taken over by machines than those paid £100,000. Read more
Discount supermarket chain Aldi has announced plans to create 35,000 new jobs in Britain.
A proposed £600m investment, which would include a doubling of its store numbers to 1,000, was confirmed as the Prime Minister visited its UK headquarters in Warwickshire. Read More
The Saturday job is becoming a thing of the past for most young people as they increasingly rely on the bank of mum and dad instead. Fewer than one in six 16 and 17-year-olds now have a part-time job outside their studies and there is concern they are missing out on experiencing life in the workplace. Read more
Engineering group Rolls-Royce has said it is planning to cut 2,600 jobs over the next 18 months.
It said most of the jobs would go in its aerospace division, with most of the posts being shed in 2015. It is not clear where the cuts will be made from Rolls-Royce's global workforce of 55,000, 24,000 of whom are in the UK. However, the Unite union told the BBC there would be 800-1200 engineering jobs cut in Derby and Bristol. Read More
It has been more than four decades since the Equal Pay Act was introduced in 1970, but the enduring difference between male and female wages effectively means that, relative to men, women stop earning as of the 4th of November and work the rest of the year for free. Read More