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          Workers lukewarm on the ‘New Deal for



          Working People’





          ●  Less than half (40%) of UK workers feel the      are unsure if aspects of the New Deal were
            New Deal for Working People will positively       already available to them. This suggests that
            impact them, while 44% believe it will have       employers could see a limited impact of the
            no impact                                         potentially costly changes unless they better

          ●  Many (36% on average) don’t understand           communicate with staff.
            their employers’ existing position on various     Making the investment pay for all
            aspects of the deal
                                                              Skills and productivity remain of significant
          Employees are broadly lukewarm about                concern for the growth of the UK economy.
          the New Deal for Working People, recently           The study revealed that labour productivity,
          published in the King’s Speech as the               measured by output per hour worked, fell by
          Employment Rights Bill, but many are                0.3% on an annual basis in Q2 of this year.
          unaware of their current employer’s stance
          and offering. That’s according to the latest        According to Robert Half, this suggests that
          Robert Half Jobs Confidence Index (JCI) –           skills are still a big problem for the UK. As a
          an economic confidence tracker produced in          result, a thoughtful discussion with all parties
          partnership with the Centre for Economics           – including businesses – is needed to ensure
          and Business Research (Cebr).                       the UK aligns resources in the most effective
                                                              way for all to keep pace with the global
          Limited impact expected                             economy.

          According to the data, less than half (40%)         As Matt Weston, Senior Managing Director
          of the UK workforce anticipates that the New        UK & Ireland, at Robert Half explained, skills
          Deal for Working People will have a positive        create an economy that will benefit workers
          impact on their daily lives, while almost half      and businesses, boosting productivity, wages
          (44%) are uncertain as to the impact of the         and GDP in the longer term:
          proposals. Just 9% said it would have a             “We welcome any changes that boost the
          negative impact on their working lives.             wellbeing of the workforce, however it is

          It should also be noted that the younger            interesting to note that such a large proportion
          generation is more optimistic about the             of UK employees are largely lukewarm to the
          potential impact of the New Deal, with 51% of       impact that the New Deal will have on their
          those aged 18-34 indicating that it will have a     job. While we expect that younger workers
          positive effect.                                    are more likely to welcome change given that

          However, the data suggests that there is a          they will be employed for a longer period, the
          lack of clarity around existing access to many      fact that so many are unclear as to what their
          of the measures. According to the data, over        employer currently offers suggests a level of
          a third (36% on average) of UK workers              mis-communication exists.”






          September 2024                                                                                 19
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