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News from the UK and around the world
UK Population to be Largest in EU
Britain's population will hit 72.4 million by 2050. A UN report found its status as top destination in Europe for migrants will soon cause its population to overtake Germany's, making it the most peopled country in the EU.
Africa Diaspora Documentary Maker Seeks Africans Returning to Africa
Century Films, an award winning TV Company, is developing a new documentary about members of the African Diaspora who are returning to the Continent. If you are a currently living in the UK and are either thinking about or are in the process of re-locating then we would like to hear from you. For an informal chat about your plans for the future or to simply find out more about the documentary, please e-mail Rob Miller:
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North Carolina A&T Receives $50,000 Grant to Fund Energy Engineering Scholarships, Courses and Curriculum
With a $50,000 Building Education grant from Siemens Building Technologies, Inc., North Carolina Agricultural and Technical State University will begin to launch a timely series of coursework and other programs designed to seed and foster academic excellence in professional disciplines associated with architectural/engineering and building energy management through its College of Engineering. A portion of the grant will also be used to fund three $5,000 scholarships for incoming freshman entering the College of Engineering. Siemens Building Technologies Building Education program is active nationwide supporting STEM initiatives and green curricula development. The goal is to provide students opportunities that will lead to careers in energyr-elated fields, including environmental and energy engineering as well as 21st century green technician jobs. The program partners with professional and philanthropic organizations such as the Association for Career Technical Education and the Ford Motor Company Fund.
IBM Outranks All Information Technology Companies on 100 Best Corporate Citizens List by CRO Magazine
IBM announced that it has ranked #3 overall on the 100 Best Corporate Citizens List, outranking all other information technology companies on the list. The annual list is published by the Corporate Responsibility Officer (CRO) Magazine. CRO's 100 Best Corporate Citizens List is the only such list based on 100% publicly-available information and ranks Russell 1000 companies on their performance in seven key areas: Environment, Climate Change, Human Rights, Philanthropy, Employee Relations, Financial and Governance. IBM's 2007-2008 Corporate Responsibility Report was issued in November reflecting how social and business strategies are connected and integrated and includes performance and results in the areas of governance, supply chain, environmental performance, employment policies and practices, client solutions and community engagements.
Business Link in London Recession Poll
The Recession Poll is a survey of 2,000 established London small and medium sized enterprise (SME) owners on how they are coping with the recession and plan to manage their business during 2009. According to the poll, London's small and medium businesses are finding it harder to battle through the recession with 63% of those surveyed reporting that the recession had affected their business (up from 48% in October 2008). The most commonly cited difficulties were falling sales (52%); decreasing turnover (29%); and having less access to finance (9%). However, 58% of those surveyed are not only optimistic about weathering the storm – they're actively planning to grow their business during 2009. Most businesses that planned to grow want to do so aggressively by: seeking out new business opportunities (46%); offering new products and services (20%); and targeting new geographical markets (9%). London's SME owners are refusing to get bogged down in the doom and gloom – even as the recession begins to bite. More small and medium businesses are feeling better equipped to survive the recession than their larger counterparts - 73% of businesses now, compared with 53% in October 2008.
UK Public Sector 2nd Biggest Employer of Accountancy Contractors
Recruiter Magazine reports that the public sector is now the second biggest employer of accountancy contractors in the UK. Research, from contract services provider Giant Group, shows 37% of accountancy contractors are employed by the government. This is up from 34% in the last quarter. Overall the public sector accounts for 19.5% of the UK workforce.
Online Assistance to Beat Economic Blues
A new website has been launched to help third sector groups overcome the recession. Umbrella organisation the Association of Chief Executives of Voluntary Organisations (ACEVO) has unveiled their Recession Support portal in a bid to provide groups with the practical advice and guidance they need to emerge through the economic downturn. The website, which is free to use and also available to non-members of ACEVO, includes various guides written by a range of experts covering key topics such as finance, management and career development. It will also include the latest recession news, along with links to other useful organisations, sector events and training courses. For further information about the new portal, visit the Recession Support website
The Coca-Cola Company Commits US$30 Million to Clean Water Projects across Africa
The Coca-Cola Company has announced that it has committed US $30MM over the next six years to provide access to safe drinking water to communities throughout Africa through its Replenish Africa Initiative (RAIN). Implemented by The Coca-Cola Africa Foundation, RAIN will provide at least 2 million Africans with clean water and sanitation by 2015. According to the World Health Organization, more than 300 million Africans lack access to safe drinking water, and millions of them die each year from preventable waterborne illnesses. Up to half of the region's population at any one time suffers from diseases related to unsafe drinking water and poor sanitation. The Coca-Cola Africa Foundation currently has water projects in 19 African countries – Angola, Egypt, Ethiopia, Ghana, Cote d' Ivoire, Kenya, Mali, Malawi, Morocco, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Tunisia, Uganda and Zambia – reaching over 300,000 people. These water projects are all implemented in partnership with local communities in each country. They also contribute to The Coca-Cola Company's aspirational water stewardship goal of returning to communities and to nature an amount of water equivalent to what we use in all of our beverages and their production.
UK Equal Pay Act is 'out of date'
The 1975 Equal Pay Act is "no longer fit for purpose" according to the Equality and Human Rights Commission (EHRC). The body is calling for radical reform of the act, including obliging larger companies to publish the number of men and women in each pay band to help identify segregation in workplaces and underlying reasons for the pay gap. It also wants to ban “gagging” clauses so employees are allowed to discuss their pay. Equal pay laws are almost exclusively reliant on individual women bringing lengthy and costly tribunal cases when they experience discrimination, a system that produces more conflict than change, the EHRC said. The commission has also published a guide for employers on high-risk pay systems - the types of scenarios that are increasingly ending up in court – and how to avoid them.
African Caribbean Men in London Need to Raise Awareness of Prostate Cancer
African Caribbean people affected by cancer in Lambeth, Newham and Hackney are being invited to become awareness volunteers for The Prostate Cancer Charity and help to spread the word about their increased risk of developing the disease. Prostate cancer is the most common cancer in men in the UK, and risk increases with age. However, African Caribbean men are three times more likely to be diagnosed with prostate cancer than white men. To recognise this fact, The Prostate Cancer Charity has appointed a specialist project manager to work within the African Caribbean community to raise awareness of the disease and to train Community Champions to spread the word. Sarah Toule is looking for African Caribbean men who have experienced prostate cancer and their partners and friends, to step forward and give talks to others in the three boroughs. The Older and Wiser project will launch to coincide with the Charity’s first ever Prostate Cancer Awareness Month, which will involve thousands of people across the UK joining forces to raise awareness of the disease. African Caribbean men who would like to be involved in the Charity’s volunteer programme, are invited to contact Sarah Toule at
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or on 020 8222 7149. For general queries about prostate cancer, call The Prostate Cancer Charity's confidential Helpline 0800 074 8383.
Big Boost for Business Women in Ireland
Female entrepreneurs in Northern Ireland are urged to get a helping hand in growing their business by signing up to take part in a free support scheme. Fully funded by Invest Northern Ireland, the Booster Programme will involve a series of workshops, seminars and networking events, as well as offering six days intensive training covering a range of key business topics, including marketing, exporting and leadership. The initiative, to be managed by women’s enterprise experts YTKO, aims to provide female entrepreneurs with the skills, confidence and know-how they need to take their business ideas to the next level. The Booster Programme is available to female entrepreneurs that meet a range of criteria, including: own (or 50% own) a business that has been trading for at least 18 months that has an annual turnover above £100,000 (with the potential to be above £250,000 within three years), are involved in manufacturing or the tradable services sector, are ambitious, committed to learning and developing their skills, and applying their learning experience to accelerate the growth of their business. For further information about the Booster Programme and to register an interest in taking part, visit the Enterprising Women website.
Support Scheme for Welsh Women
The Welsh strand of a major £12.5 million match fund aiming to encourage female entrepreneurship has been launched. Finance Wales, the Assembly Government's investment arm, will manage the Aspire Fund – a risk-capital scheme investing in high-growth, women-led businesses. Provided across the UK by the Department for Business, Enterprise and Regulatory Reform, the Government is making £12.5 million available to match fund other private sector co-investors. Female entrepreneurs with viable business ideas can apply for commercial investments ranging between £100,000 and £2 million. The fund is available to businesses that have an attractive and viable business proposition, already have a private sector co-investor in place, have 30% or more female representation at board or senior executive team level and are more than 30% owned by women (excluding third-party investors, such as venture capital funds and business angels). For further information about the Welsh strand of the Aspire Fund, visit the Finance Wales website.
US Blacks and Latinos Are Losing Jobs Faster Than Whites
Unemployment rates have spiked higher for Latinos and Blacks in the USA than whites during the current economic crisis, reports The Associated Press (AP). Since December 2007, unemployment for Blacks has risen 4.5 points to 13.4 percent, according to the Bureau of Labor Statistics. During that same period, unemployment for whites has increased only 2.9 points to 7.3 percent. Part of the reason Black and Latino jobless rates are high is because they are concentrated in industries that have been hard hit by the economy, such as construction and service sectors. Blacks also didn't reap as much benefit as whites from the economic boom times. Unemployment rates for Blacks have been double that of whites since the government began tracking the rates by race in the 1970s. Latinos and Blacks in white-collar professions are also feeling the pain, mainly because they are often newer arrivals to those professions than their white counterparts, according to the AP.
Connecting Communities to the Information Superhighway
Charities and community groups across the UK and Ireland can scoop a helping hand with getting to grips with the internet by entering a long-running competition. Established in 2000, BT’s Connecting Communities Awards can provide successful entrants with a brand new laptop computer and free broadband connection for a year. The scheme aims to tackle digital exclusion and increase the opportunities for people to use IT and the internet. A BT survey carried out last year discovered that 33% of people in the UK are “digitally excluded” by having no access to computers or the internet. The awards are open to entries from any UK or Ireland-based charity or community organisation that can show how improving IT and internet access will benefit their local area. Social enterprises, Community Interest Groups or profit-making bodies are ineligible. A new category has also been introduced this year, with up to five organisations encouraged to team up and apply for a Cluster Award, which aims to enhance networking and collaborations between local groups. As well as each participant receiving a free laptop and one year's broadband connection, Cluster Awards will also offer packages of specialist equipment, such as digital cameras and printers, along with a range of online support and advice. For further information about the scheme, visit the BT Community Connections website.
Easing Contracts Cashflow Crisis
A new £4 million fund has been launched to help charities, community groups and social enterprises in England successfully bid for public service contracts. Futurebuilders England’s Cashflow Fund will offer short-term support, including bridging loans, reserves cover and overdraft guarantees, to third sector organisations interested in bidding for a share of the £20 billion worth of contracts predicted to be made available over the next two years. Tailored funding packages ranging from £50,000 will be available to help groups cover the short-term cashflow needs – or developmental capital – they require to bid for, and subsequently win, contracting opportunities. The Cashflow Fund is open to applicants that are a third sector organisation that is based in, or mainly benefits, people living in England. The £4 million will be allocated on a first come, first served basis, with interested organisations urged to get in touch with Futurebuilders England and discuss their ideas as soon as possible.
Third Sector Support Scheme Revealed
Some of the best business brains in Scotland are set to help the voluntary and community sector become more enterprising. The Scottish Government has awarded £186,200 for a consortium to provide mentoring and one-on-one skills development for third sector staff. The group, comprising the Scottish Chambers of Commerce, Forth Sector, Edinburgh Business Development and the Scottish Council of Voluntary Organisations (SCVO), will offer assistance to a broad range of organisations, including social enterprises, credit unions, community groups and charities. Announcing the initiative at a conference on "Creating a Sustainable Third Sector" in Edinburgh, Finance Secretary John Swinney claimed that a thriving voluntary and community sector could play a vital role in helping Scotland overcome the economic downturn.
Brown Boost for Exporting Entrepreneurs
Prime Minister Gordon Brown has revealed that a new programme will launch next month to help innovative businesses increase their export capabilities. The £3.5 million Gateway to Global Growth initiative will offer specialist, tailored financial and legal advice, enabling firms to overcome the economic downturn by taking advantage of overseas market opportunities. Mr Brown announced the scheme, which is aiming to support more than 1,200 companies over the next two years, at a special summit with 100 of the UK's biggest exporters. He told them that companies which export tended to be "more resilient" in a downturn, pointing to figures from December's SME Business Barometer Survey which revealed that 42% of exporters had increased their turnover in the past 12 months, compared to 23% overall. The new programme, he said, will be an important tool to help businesses now as they make the most of the opportunities we know are still out there. The £3.5 million Gateway to Global Growth started operating from April, helping SMEs to access foreign markets where they see potential for their business.
Call for Applications, World Bank Graduate Scholarship Program (WBGSP) for Graduate Studies in Economic Development
In 1987, the World Bank, with funding from the Government of Japan, established the World Bank Graduate Scholarship Program (WBGSP) for graduate studies in subjects related to economic development. Each year, the Program awards scholarships to individuals from World Bank member countries to undertake graduate studies at renowned universities throughout member countries of the Bank. To apply for a JJ/WBGSP scholarship under the Regular Program, an applicant must be a national of a World Bank member country eligible to borrow, have at least 2 years of recent full time professional experience acquired after a university degree, in the applicant's home country or in another developing country and hold a bachelor's degree or its equivalent. Eligible applicants should propose a program of study related to development at the master's level, in fields such as economics, health, education, agriculture, environment, natural resource management, or other development. The proposed program of study should start during the academic year 2008/2009 for a maximum duration of two years. For more information and an application see: (http://web.worldbank.org/WBSITE/EXTERNAL/WBI/ EXTWBISFP/EXTJJWBGSP/0,,contentMDK:20287123~menuPK: 562883~pagePK:64168445~piPK:64168309 ~theSitePK:551644,00.html)
World's First True Sustainability Index(TM) Announced
The non-profit Center for Sustainable Innovation (CSI) has announced the release of a new model for measuring and reporting corporate sustainability performance. Referred to as the True Sustainability Index(TM) (TSI), CSI's model consists of only 15 indicators that sustainability managers can use to assess the full triple bottom line performance of organizations. SRI professionals and third-party analysts will also find the TSI useful in their attempts to understand, rate and rank the sustainability performance of organizations as a basis for making investment decisions. Unlike other sustainability indexes, the TSI is made up of metrics that are context-based, meaning that they express organizational performance relative to actual social and environmental conditions in the world. Water consumption, for example, is measured against renewable supplies; solid wastes are measured against landfill capacities; and impacts on social and economic conditions are measured against societal needs. The model released is an early prototype – an 80-percent solution – and remains a work in progress.
Ground-Breaking Entertainment Company Launches With Unique Mission to Benefit Charities
Olympic Champion Ed Moses and leading healthcare attorney Joy Stephenson have launched Mojo Marketing & Media, the first entertainment company whose mission is to encourage people to develop their personal social conscience, take action and get involved in making a positive difference in the lives of others. Mojo combines the power of entertainment with the immediacy of interactive experience in creating socially-responsible marketing vehicles that raise awareness for charities. Mojo is an outgrowth of its founders' experience in healthcare, charity, sports and entertainment and stems from their commitment to increase social responsibility and community involvement via creative avenues. Mojo will produce original, compelling family-friendly content – including music, movies, sports, docudramas, concerts and reality-based content – that spreads the word about what organizations can do for communities and individuals and what communities and individuals can do for these organizations. Mojo is especially relevant now as charities face an ever-growing demand for their services at a time when some are being forced to close their doors. All Mojo productions are charity neutral and offer viewers and participants a way to get immediately involved in socially-responsible organizations or causes in their own communities and beyond. Mojo will work with a wide array of charities, depending on the focus and location of the project, and all charities will be screened to ensure they are organized for the public benefit and recognized as such by the IRS.
IBM Selects 200 New Global Leaders for the Corporate Service Corps to Tackle Socioeconomic Problems in Key Emerging Markets Two hundred of IBM's future leaders from nearly 40 countries will participate for international assignments to emerging markets in 2009 as part of the company's Corporate Service Corps program, part of the Global Citizen's Portfolio initiative. Now in its second year, IBM's so-called "corporate Peace Corps" is sending teams of employees to nine emerging countries to work on projects that intersect economic development and information technology. In 2009, IBM is sending participants for the first time to Brazil, China, Malaysia and South Africa and will return to Ghana, the Philippines, Romania, Tanzania and Vietnam. The assignments are being selected to use the skills IBM employees possess in areas such as information technology, business consulting, marketing, finance and supply chain management. According to Stanley S. Litow, Vice President, Corporate Citizenship & Corporate Affairs, IBM, "The Corporate Service Corps helps high-potential employees develop smarter leadership skills while engaging organizations in emerging markets and helping them grow their business. Not only do participants learn first-hand how business is done in local communities, but they share what they know with colleagues back home and gain a personal understanding of what it means to be a global citizen." Last year, the Corporate Service Corps worked on 36 projects that helped local businesses, non-profit organizations and governmental institutions improve their use of new technologies and expand their global reach. The Corporate Service Corps groups IBM employees in teams of 8 to 10, representing dozens of different countries and business units. An important design point for the program is to provide high-performance employees the chance to build networks with people they might never interact with. This will also enable employees to bring different perspectives and expertise to solving problems, as well as encourage interaction with people from different cultural backgrounds and traditions. More than 5,000 high-potential employees applied for 200 openings in the program this year, making it one of the most competitive employee programs ever created. False Claims at Work Add up to £1 Billion a Year A survey by budget hoteliers Travelodge has revealed that British workers, evidently more entrepreneurial than traditionally thought, are apparently swindling their bosses by more than £1bn a year, through making up false expense claims. Travelodge discovered that the typical worker manages to claim an extra £17 per month – that's £204 a year – through falsifying their expenses. Some of the more outrageous claims include a new motorbike, a private number plate for a BMW, hiring a private investigator to find evidence to start divorce proceedings, a pet hamster called Barry for the office, lap dancers and £1000 hair extensions. Further research findings identified a smug 43% of British workers believe swindling expense claims is a legitimate way of making extra cash and 45% of people said all their colleagues are 'doing it'. An astonishing 84% of those polled said they didn't feel guilty about inventing claims. Despite rampant claims fiddling, only eight per cent of employees have been caught and sacked for fiddling their expenses. A shocking 60% of managers have let their team members get away with making a false expense claim. The top three expense scams exposed by respondents were: ask for extra taxi receipts and use them to claim back false taxi transport, add extra mileage when submitting an expense claim; and use a cheap restaurant to entertain a business client and use an expensive restaurant for personal use. When submitting the claim use the expensive receipt. New Study Shows US Men Struggling With Work/Life Balance A new study suggests that while women are contributing more to the bottom line in families with dual incomes, men are experiencing more conflict over work/life balance, USA Today reports. A total of 59 percent of fathers in dual-income families said jobs and family life interfere with each other, up from 35 percent in 1977, according to a telephone survey by the nonprofit Families and Work Institute. For mothers, reported conflict between family and work rose from 40 percent to 45 percent in the same time period. Sociologists attribute the jump in conflict experienced by men to the fact that men are now spending more time taking care of children. Conflict hasn't risen as fast for women, they say, because stress from juggling work and family was already high. The survey of 3,500 workers also showed that 60 percent of men and women disagreed with the idea that men should bring home the bacon while women should take care of the family. Woman are also adding more to a family's bottom line. The survey showed that the annual income contributed by women in two-income families rose to 44 percent in 2008. More than a quarter of those women earned 10 percent more than their partners. New Aspen Institute Program to Push for Small Business Investment in Developing Countries A group of philanthropic organizations, including social venture funds, foundations, business assistance providers and international development firms, have announced the launch of a new economic development network that would increase investment in small and growing businesses in the developing world. Supporters of the network said poverty reduction would require expanded support for small business owners in emerging markets who are ineligible for smaller microfinance loans and are often overlooked by traditional sources of investment because their businesses are not yet big enough. Based in Washington, DC at the Aspen Institute, the Aspen Network of Development Entrepreneurs has garnered the financial backing of the Bill & Melinda Gates Foundation, Citi Foundation, Google.org, The Lemelson Foundation, Omidyar Network, The Rockefeller Foundation, Shell Foundation and Skoll Foundation. To-date, thirty-five organizations have joined the network, which organizers said would collectively manage more than $750 million during the next five years. The creation of the network marked a major step forward in addressing a well-documented disparity between investment in small and growing businesses compared to other business sectors in emerging markets. According to research conducted for the network by Dalberg Global Development Advisors, the volume of loans made in both the microfinance and small-scale private equity sectors were each six times greater than those made within the small and growing business sector. "The developing world is currently missing out on an engine of job creation and economic growth because entrepreneurs are unable to access appropriate finance and business training," said Chris West, director of the Shell Foundation. "Through the Aspen Network of Development Entrepreneurs, we have the potential to change this situation - unlocking latent, much-needed entrepreneurial potential." UK Police Forces to Develop 'equality standard' A new "equality standard" is being developed for the police to help increase public confidence in forces across England and Wales. Eleven forces, including the Metropolitan Police and Greater Manchester Police, will be piloting new diversity approaches, developed by the National Policing Improvement Agency (NPIA), over the coming three months. The trials will then be analysed and incorporated into an equality standard that will be available to all forces by the end of the year. The standard is aimed at helping the police assess the extent to which they have developed beyond basic equality legislation compliance, improve ways of delivering services and make better use of skills and resources. There will be a particular focus on improving long-standing problems with the recruitment, retention and career progression of under-represented groups.
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News from the UK and around the world
Black Americans More Pessimistic About their Futures According to research by the Pew Center Charitable Trusts, one in every 15 Black men in America is incarcerated. When the study looked at Black men ages 20-34, the incarceration rate jumped 40 percent to 1 in every 9, compared to 1 in every 106 white men. Black Americans are more pessimistic about their futures, with just 44 percent expecting their lives to get better financially, compared with 57 percent back in 1986, according to the Pew Center poll. Thousands of Blacks and Latinos are foregoing much-needed medical attention in an effort to pull together dollars to save their homes and many have lost their jobs too. In 2006, at the height of subprime lending, 41 percent of Latino homebuyers and 48 percent of Black homebuyers signed on for subprime mortgages, compared with only 18 percent of white borrowers and 17 percent of Asian borrowers, according to ACORN. But all isn't lost. In 2007, the Black share of total buying power is 8.4 percent, up from 7.4 percent in 1990, according to the Selig Center for Economic Growth. This is expected to rise to 8.7 percent by 2012, which accounts for nine cents out of every dollar spent nationwide.
Economic Downturn 'hitting women harder' Female workers are being hit harder than ever before by the effects of the current downturn, a report suggests. A study by the TUC showed the redundancy rate among women had risen by 2.3%, almost double the rate for men, since last year. It said more women were in work and more households depended on a woman's wage than in previous downturns. It also found many job losses were occurring in retail and hospitality, where more women than men work. Meanwhile, a separate study by the Chartered Institute of Personnel and Development showed half of employers had launched recruitment freezes in a bid to avoid making redundancies, while a similar number were shedding temporary or agency workers. The survey of almost 900 employers revealed one in seven had introduced short-term working or cut bonuses, while 7% had trimmed wage costs. Race Bias Still Rife at Work and for Housing The colour bar is still alive for those seeking jobs and a home, a disturbing undercover investigation has found. Out of 30 recruitment agencies contacted, 25 readily agreed to a request that only white applicants be sent along for a job as a receptionist. The investigation, carried out for BBC One’s Inside Out West, also found letting agents were willing to discriminate, with 17 out of 30 agreeing not to offer a house to anyone from an ethnic minority. Prof Tariq Modood of the Centre for the Study of Ethnicity and Citizenship, said: "I'm surprised how many people were willing to go along with a very blatant suggestion of discrimination. Past surveys have tended to suggest maybe a third of people will discriminate and you have found that it is greater than that." Tom Hadley, of the Recruitment and Employment Confederation said: "It shows there's still a lot of work we need to do. We will not tolerate this kind of discriminatory behaviour." Source: Metro Recession Hitting the US Black Elderly During this current recession, certain groups are being affected by job losses to a greater degree than others. A report from the U.S. Department of Labor has confirmed that Blacks are at the top of list of the most adversely affected, with an unemployment rate of 12.6%. The unemployment rate for Hispanics was 9.7% and the rate for whites was 6.9%. The report also said adult men are losing jobs faster than women. The unemployment rate for adult men is 7.6% and the rate for adult women is 6.2%. Older Americans are also among the hardest hit by unemployment. The labor department report said that the unemployment rate for workers over 55 years of age was 12.8%. The trend during this downturn has been for employers to lay off older workers who earn higher salaries in favor of younger workers that they can pay less. Also, since the baby boomers approaching retirement make up a very large portion of the workforce, they have suffered a larger share of the job cuts across all industries. Taking these statistics into consideration, it may turn out that older Black men may be the group at greatest risk during this recession. Surf the Web. Save the World. Bettertheworld.com, the world's first, effortless fundraising platform that provides tools to empower millions of people to raise money for charity simply by surfing the web, has been launched. The platform targets internet users who have no money to give to charity and charity supporters who want to do more. In less than two minutes, people can join through www.bettertheworld.com, download the tools, start raising money, and track the impact of their activities. The tools include a browser sidebar, and Google powered search toolbar, both of which seamlessly integrate to Microsoft Internet Explorer and Mozilla Firefox. According to the Association of Fundraising Professionals, 2009 is expected to be a very challenging year for fundraisers. Many charities are viewing 2009 as an opportunity to re-evaluate and capture the trend toward low cost, high engagement models supported by the use of online tools and programs. By partnering with leading global and local charities and foundations like the Habitat for Humanity, TakingITGlobal, Children's Miracle Network, United Way Toronto, CANFAR, SickKids Foundation, the Lewa Wildlife Conservancy, and Heart and Stroke Foundation of Ontario, Better The World plans to deliver high quality programs that are well managed and executed in the field. MicroPlace Launches First Microfinance Investment Yielding 5 Percent for Everyday Investors MicroPlace, a website that enables everyday people to invest in the world's working poor, has announced the launch of a new investment opportunity that offers a 5 percent return, a first in the microfinance investment industry for everyday investors. Through MicroPlace (www.microplace.com), anyone can make microfinance investments that lift people from poverty and offer a 5 percent rate of return. Investors don't have to compromise their financial goals to help people escape poverty. By visiting MicroPlace, people can invest as little as $20 and have the opportunity to earn 5 percent interest. With money market funds currently offering an average of 1 percent and the stock market yielding negative returns over the past year, MicroPlace investments offer a healthier return while simultaneously making a positive impact in the world. The 5 percent investment opportunity listed on MicroPlace is offered by MicroCredit Enterprises (www.mcenterprises.org), a nonprofit organization committed to reducing poverty by providing small loans to the working poor around the world. MicroCredit Enterprises currently finances microloans in 15 nations on four continents. Women are the recipient of 89 percent of its microloans. Microfinance has been recognized worldwide as a simple but powerful tool that enables the poor to pull themselves out of poverty. Most commonly, it involves making small loans – as little as $20 - to the working poor in developing countries. The loans are used to establish or expand small businesses that generate additional income for the family, enabling them to buy food, access healthcare, educate their children, put aside savings and lay the foundation for a better future. London Suffers Worst in Credit Crunch The economic downturn has created a new north-south divide – only this time the tables are turned, with small London firms hit harder than those in any other region. Almost three-quarters of London's small and medium-sized enterprises saw sales fall or stagnate in the fourth quarter of 2008, a study of almost 1,300 firms found. Small firms also suffered in the south-east, south-west and the West Midlands. But Scotland and the north-east fared better than other regions, with many SME's still growing. Research gives the lie to the UK's 'sickie culture' Almost a quarter (24%) of British employees went to work in January despite feeling too unwell to do so, according to a survey by the TUC. Of these, 28% said that they did so because they didn’t want to let down their colleagues. Only 12% of the 1,389 respondents said that they had never gone to work when they felt too ill. The TUC said that the survey "paints a very different picture of sickness absence from the caricature that British workers are always taking bogus 'sickies' and stay home at first sign of a sniffle". It also pointed to CBI research showing that sickness absence has been falling steadily: in 1998 workers took an average of 8.5 days off sick a year. Last year 6.7 days was the average figure. Source: CIPD And the 'Best Place to Work in the Global Financial Markets 2009 is.... Houlihan Lokey Howard & Zukin. Votes from its financial services readership resulted in the list of the Top 100 firms in the global financial markets by hereisthecity.com. The Top 10 includes (last year's Top 32 positions in brackets): 2. Sumitomo Mitsui Banking Corporation, 3(2). UBS, 4(1). Merrill Lynch, 5(12). Barclays Group, 6(4). Credit Suisse, 7(3). Nomura, 8(7). Bank of America, 9. TIAA-Cref, 10(5). Aviva Investors. Source: hereisthecity.com Million Dollar Program Inspires Students at US's Historically Black Colleges and Universities The Siemens Foundation has announced the winners of the 2009 Siemens Teacher Scholarships in collaboration with the Thurgood Marshall College Fund (TMCF) and the United Negro College Fund (UNCF). The program provides recognition and financial support to students at historically black colleges and universities (HBCUs) who plan to become science or math teachers. Many Siemens Teacher Scholars gain their first interactive classroom teaching experience through the Siemens Foundation's Siemens Science Day program, a nationwide initiative in partnership with Discovery Education that has reached more than 50,000 elementary and middle school students since its inception in 2006. By participating in Siemens Science Days, Siemens Teacher Scholars are able to share their passion for math and science and gain a unique and concrete teaching experience. Midlands Skills Fund Open To Applications A new fund offering assistance for Midlands-based businesses to train and up-skill their staff is accepting applications. First mooted before Christmas, the University of Derby is now inviting local firms to register their interest in the £250,000 Skills Development Fund. The programme, which is financed by a windfall received as a result of the Government’s 2.5% cut in VAT, will enable companies from across the Midlands to sign their staff up to undertake skills development and training courses at the University. It can also offer participating businesses in-depth consultancy worth up to £3,000 to help identify what areas of training would be most beneficial to them. The Skills Development Fund is available to businesses that are operating, or have considerable presence, in the Midlands, are a VAT-registered commercial business or voluntary organisation and are not in receipt of any other public funding or training. Participating SMEs (under 249 employees) are required to guarantee that at least two of their staff will undertake training, while larger companies (250 or more employees) must commit at least ten of their workers to the scheme. Interested businesses are asked to contact University of Derby Corporate, the institution's business-to-business operating division, and arrange a company visit to discuss what courses may be suitable for their staff members to undertake and determine what level of funding may be available to them. The deadline for signing up to take part in the programme is 30 April 2009. Cash In On Computing Excellence Small firms can scoop a big prize package including up to £25,000 worth of new computer equipment if they can show how using IT has improved their performance. Entries are invited for this year’s Dell Small Business Excellence Awards, a global competition run across 13 countries by computer giant Dell Corporation Limited. Up to ten finalists in each participating country will get a Dell laptop worth £1,000, while the overall national winners will receive £15,000 worth of Dell products and support services, along with a ten-year membership of an Accredited Chamber of Commerce. The overall global winner will scoop £25,000 worth of Dell products and business support, along with lifelong membership to the International Council for Small Businesses. The awards are open to entries from any business that employs 100 or fewer staff. Participating firms are required to demonstrate how they have used IT to deliver a "superior customer experience" against criteria including : Innovative use of IT (20%) and How IT has led to better customer experience (40%).Interested companies can enter the contest online at the Dell website up to the closing date of 3 April. VAT Windfall to Fund Skills Training Half a million pounds is being made available to fund skills training for West Midlands workers and businesses hit by the recession. Staffordshire University has launched their new Working Futures Fund, which will offer up to £3,000 to help people that have been made redundant, or whose jobs are under threat, to gain new skills and qualifications. The scheme has been funded by the windfall generated by UK Chancellor Alistair Darling's 2.5% cut in the rate of VAT last November. The university is believed to be one of only two educational establishments in the entire country to use to reinvest the cash in providing retraining. The £3,000 per person funding can be used to undertake a wide range of business-related courses at the university, including business leadership, management skills, public service leadership and counselling skills. For further information about the Working Futures Fund, contact Staffordshire University's Business Evolution team on 01782 294178 or email
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UK Employers Seek Delay on Temp Workers Rules The EU directive on temporary agency workers should not be implemented in the UK until 2011, despite the plight of agency workers in the recession, employers groups have warned. The controversial legislation, which will entitle agency workers to some of the same basic employment rights as permanent workers after 12 weeks' employment, would have given some protection to agency workers laid off in recent weeks. But Kevin Green, chief executive of the Recruitment and Employment Confederation, said that the legislation needed to be framed in such a way that firms should not be deterred from hiring agency workers in the first place. The Agency Work Commission's report recommends limiting the scope of equal treatment for agency workers to basic salary and other statutory rights and ensuring the 12-week qualifying period is easy to administer. It also states that highly skilled workers, who aren't in the group of "vulnerable" workers that the law is designed to protect, should be excluded from the regulations to ease the administrative burden. Funding Commission Looks To the Future A major year-long consultation into the future of UK third sector funding has been officially launched. Umbrella body the National Council for Voluntary Organisations (NCVO) has revealed the eleven individuals tasked with exploring how the voluntary and community sectors can overcome the recession and look forward to a sustainable long-term future. The new Funding Commission will be headed up by former Deputy Governor of the Bank of England Rachel Lomax. The Commission will consult widely on how the voluntary and community sector can rise to the economic challenges and move towards a more securely funded longer- term future. Project Incubator Award for Entrepreneurship in Africa To encourage innovation and entrepreneurship in Africa, EMRC and the Rabobank Foundation have collaborated in initiating the "Project Incubator Award". During EMRC's Africa Finance & Investment Forum 2008 in Paris, The Rabobank Foundation awarded the $10.000 prize to MUPECI, a microfinance institution from Cameroon. The next Project Incubator award will be next presented at EMRC's Agribusiness 2009 forum to be held in Cape Town, South Africa form the 14th to the 17th of June. The fund for the prize has been increased to US$15.000 and there will be 2 additional runner ups awards. The deadline for applications is the 10th of May. For further information on all the projects presented for the latest edition of the award please visit our website or contact us directly through Caterina Giuliano (
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). EMRC Sending 5th Economic Mission to Israel The fifth Africa-Israel Economic Mission 2009 will be held from the 3rd to the 7th of May. This vocational trip will once again couple public and private sectors partners from Africa and Israel. Guided visits will include tours of greenhouses, drip-irrigation systems, solar energy plants, dairy and poultry farms as well as aquaculture sites. Biotechnology applications in agriculture will also be examined. This visit is organised in collaboration with Agritech (the International Exhibition for Technology in Agriculture), Mashav (The Israeli Centre for International Cooperation), CINADCO (Centre for International Agricultural Development Cooperation), the Israel-Africa Chamber of Commerce and the Israel Export & International Cooperation Institute. For further information please contact Francois Kacen:
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Can You Take The Technium Challenge? An annual business planning competition aimed at encouraging and rewarding new or early-stage science and technology ventures is open to entries. The Technium Challenge offers a prize package worth £30,000 to the overall winner, including £5,000 in cash, £5,000 worth of rent at a Technium facility, and £1,000 worth of consultancy and marketing support. The UK-wide contest, provided by the Welsh Assembly Government-backed business incubation network Technium, is open to technology or science-based businesses that have been trading for less than two years and can demonstrate a fairly well developed patentable idea or technology which involves a strong R&D element and a strong interest in receiving practical advice from external advisors to generate new ideas and support to develop a business plan. Innovative Collaborations on the Cards A £100,000 fund to forge stronger relationships between Scottish SMEs and universities has been launched. Provided by the Scottish Further and Higher Education Funding Council (SFC), the initiative will help businesses and academics work together on developing innovative new products, processes and services. The scheme will be run by Interface - the national matchmaking programme helping businesses team up with universities – and is modelled on a number of similar knowledge transfer funds successfully run across the UK and Europe. It is hoped the programme will enable Scottish businesses to become more competitive whilst at the same time helping to promote a "culture of innovation" and lay the foundations for longer term knowledge transfer relationships. Universities will be able to approach a suitable industry partner, or use Interface to find a collaborator, then claim grants worth between £500 and £5,000 to carry out projects such as feasibility studies, technology audits or new process, product and service development. Funding is available across all business sectors and university disciplines, with participating SME expected to match the SFC's contribution. For more details about business-university collaborations, visit the Interface website. Enriching Enterprise across the North East A new £1.5 million fund has been established to help people living in disadvantaged areas of North Tyneside to start their own business. Up to 1,500 aspiring entrepreneurs are expected to be offered advice and start-up support through the Raising Enterprise North Tyneside project over the next three years. Half of the initiative's funding is being stumped up by regional development agency One North East via the European Regional Development Fund, with scheme providers North Tyneside Council contributing the other 50%. The scheme will set up a Neighbourhood Enterprise Team (NET) who will hold a series of seminars, workshops and business advice sessions throughout the area's four most deprived boroughs - Riverside, Wallsend, Chirton and Howdon – with the aim of inspiring the next generation of business brains. Meanwhile, a Business Opportunity Sourcing Service will operate alongside the NET, focusing on local openings for those looking to start-up in business, including franchises. It will aid around 450 up-and-coming entrepreneurs who would like to become self-employed but lack the business ideas to progress further by guiding them through the pre-start up stage of development and forging initial contacts with the Business Link service. Individuals interested in becoming involved with the Raising Enterprise North Tyneside initiative are advised to contact North Tyneside Council on 0191 643 6409. New Irish Aid Project Fights Hunger in Malawi The development of agriculture in Malawi is severely hampered by an inadequate supply of a basic farming necessity – seed. Foundation seed is used to produce certified seed, which is what farmers' plant every season.
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News from the UK and around the world
Big Rise in UK Racially Mixed Families One in ten children in Britain lives in a racially mixed family. If trends continue, says the Equality and Human Rights Commission, some ethnic minorities may vanish as mixed-race families become the norm. A study by the Commission found that almost half of black Caribbean men are in a mixed-race relationship, compared with 8% of men of Pakistani background. New Centre to Help Developing Countries Opens in London The International Growth Centre at the London School of Economics (LSE) has been launched to bring together a Nobel Prize winning economist with development experts from the London School of Economics and the University of Oxford, who will provide practical help to the governments of developing countries to support growth and improve their ability to cope with effects of the economic downturn. It will also provide innovative research on growth. The Centre is a new initiative to support growth in developing countries and improve their ability to cope with economic shocks. It represents a DFID financed venture to be undertaken by LSE and Oxford University in collaboration with a host of partners. The Centre will be supported by a range of international partners including, the Global Development Network (GDN), the Centre for Economic Policy Research (CEPR), the African Economic Consortium (AERC), the Abdulatif Jameel Poverty Action Lab (JPAL), the University of Chicago Graduate School of Business Initiative on Global Market, Deloitte, the South Asian Network of Economic Research Institutes, the World Bank Microeconomics of Growth Network, the Bureau for the Economic Analysis of Development, the European Development Research Network. For further information:
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Jamaican Organisations Sought for UNDP Projects The United Nations Development Programme (UNDP) has launched a Call for Proposals to fund projects in the field of Migration and Development and Jamaica is one of the eligible countries. UNDP Jamaica is currently disseminating the call widely within the country and has already identified a number of interested applicants. However the aim of the Call is to enable NGOS, local authorities, and others to work on an initiative together with their counterparts in migrant countries of destinations. Any applicants from Jamaica therefore need partners based in Europe, and vice versa. The closing date is 13th March 2009 www.migration4development.org/call-for-proposals Voice 4Change Releases New Publications A leading BME national partnership organisation has released two new reports highlighting the contributions made by black and minorities (BME) community and voluntary organisations. Voice4Change England a partnership of national and regional BME led organisations that speak for the interest of BME Third Sector at local, regional and national levels to all types of policy makers. The reports show how the sector helps people and the community in attempt to stop government plans to withdraw funding. Vandna Gohil, Director for Voice4Change England, said it is crucial that the worth of specialist services in the sector is recognised. Baring Foundation Open for Grant Applications The Joint International Development Grants programme 2009 in collaboration with the John Ellerman Foundation is now open. The deadline for submitting applications is 27th March 2009. Successful applicants will be announced in October 2009. For further information visit the website of Baring Foundation on www.baringfoundation.org.uk Business Fights Poverty Announces New CSR Enhanced Member Profile Built to be the premier CSR outreach platform for Business Fights Poverty, the custom-built multimedia website includes videos, podcasts, the latest news and blog posts, press releases and event announcements from Business Fights Poverty's international network of members engaged in responsible business to reduce poverty. Business Fights Poverty is an international network for professionals passionate about fighting world poverty through good business. The on-line network connects practitioners and experts around the world to form a global community of pioneers pushing the boundaries of how business can fight poverty. Business Fights Poverty is using the new EMP to showcase a major new series of events in London that will explore the role of business in international development in the context of an economic downturn, in partnership with the UK Government's Department for International Development (DFID)(www.dfid.gov.uk), the Overseas Development Institute (www.odi.org.uk) and Business Action for Africa (www.businessactionforafrica.org). Tragic Loss of Champion of African Legal Professionals Relatives, friends and colleagues have mourned the passing of Catherine Bailey in the UK. The late Catherine Bailey co-conceived, headed up and drove (since March 2006) the International Lawyers for Africa program in the UK which mobilised more than a dozen leading law firms (including SJ Berwin where she worked) and Berwin Leighton Paisner to fund and place African law graduates in a high-powered three-month training program at British universities (including Oxbridge) and provided in-house training at the top participating law firms. It wove together a network of South African, Ghanaian and Nigerian lawyers in the City of London to further what had become a dynamic support program. Bailey was immensely committed to furthering the cause of African graduates in the UK and in mobilising South African, Ghanaian and Nigerian lawyers in the City. Spending on Banking Compliance to Increase A survey from PricewaterhouseCoopers and the CBI indicates that spending on regulatory compliance is increasing. 88% of banks surveyed expect to increase their spending on regulatory compliance in the next 12 months. In addition, the survey revealed that 3% of general insurance firms expect to increase staff numbers in the next three months. Volunteering 'Can Make Poverty History' A third of young people believe volunteering is the best way for individuals to reduce poverty in poor countries, according to a survey. While nearly one fifth of the adult population believes volunteering is effective at reducing poverty overseas, over one third of 16 to 24 year olds think this. The Government is calling for more young people to volunteer for its Platform2 scheme, which gives them the chance to carry out help overseas. Mike Foster, Minister for International Development, said: "It is really encouraging to see that young people today feel that getting involved is the way to fight poverty. "Platform2 gives young people the opportunity to experience the ''reality check'' of development work first hand. We know this work can make a real difference to people's lives," he added. Platform2 is funded by the Department for International Development and run by Christian Aid, Islamic Relief and British Universities North America Club. Call for Applications for Tech Awards The Tech Awards is a programme that aims to honour and award innovators from around the world who use technology to benefit humanity. Five Laureates in each category are honoured, and one Laureate per category receives US$50,000. Individuals, for-profit companies, and not-for-profit organisations are eligible to apply. The purpose of The Tech Awards programme is to inspire future scientists, technologists, and dreamers to harness the power and "promise of technology to solve the challenges that confront us at the dawn of the 21st Century". The categories are: Education, Equality, Economic, Development, Environment and Health. The application of this technology, which may be either a new invention or an innovative use of an existing technology, makes a noteworthy contribution that surpasses previous or current solutions. Nominations and applications must be submitted online in English. The deadline for application is March 27 2009. The Tech Awards website Guide to Fundraising for Southern NGOS and Voluntary Organisations Published The Directory of Social Change has published a fully revised and updated edition of the essential handbook for fundraising for the developing countries (including Africa, Asia, Latin America and countries of Eastern Europe). It is called the World Wide fundraiser's Handbook, 2nd edition, written by Michael Norton and published in association with the Directory of Social Change. The new edition contains; new sections on internet fundraising and branding and image and a completely updated section on income generation and guidance using case studies. To order a copy;
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Greater Outsourcing Expected for UK Banking Technology Roles Efinancial careers reports that a greater number of technology roles within banks are likely to be outsourced in 2009, as banks look for ways to cut costs. Elsevier Foundation Announces New Grants for Innovation in Libraries in Developing Countries The Elsevier Foundation has announced today that it has committed a total of $555,000 in grants to ten institutions from around the world in support of initiatives that promote the work of libraries and scholars in science, technology and medicine. The winning proposals were selected from over 165 applicants worldwide for their innovation and potential for impact in the developing world, nursing community and academic workplace. Four grants have been awarded under the Innovative Libraries in Developing Countries program. The winners include institutions across Africa and Asia, dedicated to improving access to scientific information, developing information resources, and training librarians and researchers on how to use and deploy information for patient care, HIV/AIDS research, and agricultural development. The Elsevier Foundation provides grants to institutions around the world, with a focus on support for the world's libraries and for scholars in the early stages of their careers. Since its inception, the Foundation has awarded more than 50 grants worth over a million dollars to non-profit organizations working in these fields. Through gift-matching, the Foundation also supports the efforts of Elsevier employees to play a positive role in their local and global communities. The Elsevier Foundation is funded by Elsevier, a leading global publisher of scientific, technical and medical information products and services. Deloitte Marks Tenth Year on Fortune's "100 Best Companies to Work For" List For the tenth year, Deloitte has been named to FORTUNE magazine's list of "100 Best Companies to Work For." The annual survey, which appears in the February 2 issue of FORTUNE and on www.fortune.com, is the national benchmark that lists employers who consistently raise the bar on talent initiatives and corporate culture improvement for all employees. The FORTUNE list of "100 Best Companies to Work for in America" pays tribute to the companies that excel in motivating employees and helping them manage their personal and professional lives. Of the more than 1,000 organizations contacted, 253 of them participated in this year's survey. Nearly 81,000 employees at those organizations responded to a survey created by the Great Place to Work Institute, a global research and consulting firm. The employees are asked a variety of questions about credibility, respect, fairness, pride and camaraderie. Employee opinions factored heavily in the decision process for the list, as two-thirds of the company's score was weighted on responses from randomly selected employees. Research Highlights new Focus on Performance The economic downturn has forced HR to change its priorities, with organisational performance and employee engagement now at the top of the list, according to new research. A survey by employee engagement specialists TalentDrain found that a third (30 per cent) of HR departments have changed their strategy as a result of the economic downturn. Over half (56 per cent) are putting less focus on recruitment and almost three-quarters (72 per cent) have increased their emphasis on organisational performance. The change of focus was often linked to reduced budgets; with 38 per cent of the 336 HR departments surveyed having cut their budget by more than 5 per cent. Some 13 per cent had reduced their workforce budget by more than 25 per cent. Ron Eldridge, director of TalentDrain and author of the report, said: "The new strategic focus, even for organisations that have not cut their HR budgets, seems to be around identifying, engaging and retaining those employees who are high performers, while more proactively managing any areas of underperformance." Britons are apparently remaining upbeat despite the economic gloom. People are happier than they were at the start of the millennium, with just 17% feeling unhappy at work compared with 26% in 2000. Just 21% think their life is chaotic and out of control, against 27% in 2000, betdoctor.co.uk. Fall in UK University Students The number of British students at UK universities has fallen for the first time in recent history. Numbers are down 1% on last year, while there has been continued growth in the number of students coming from overseas - almost a 5% rise on last year. The Westminster government says the number of people going to university in England is at an all-time high. It wants more than half of young people to go on to higher education. The number of UK students at UK universities fell from 1.97 million in 2007 to 1.96 million last year. That is the first fall in numbers since they have been collected centrally. The Department for Innovation, Universities and Skills points out that the 1% fall in UK students is accounted for by falls in British students at universities in Wales, Scotland and Northern Ireland. There was no significant change in numbers of British students at England's universities between 2007 and 2008. England's universities saw an overall 1% rise in students over the same period, although this is only when students from overseas are included. While numbers of home students in the UK fell between 2007 and 2008, those coming from overseas rose by 4.8%. This broke down to a 6% rise in students from other European Union countries (total of 112,150 in 2008) and a 4% rise in those from non EU countries (total 229,640). The number of British part-time students in the UK fell 3% between 2007 and 2008, to 762,340. Clifford Chance wins International Law Firm of the Year Clifford Chance has been voted International Law Firm of the Year. Another recent success was their being voted Best Law Firm for Emissions Trading for a third successive year. In fact Clifford Chance was the first law firm to create an Environmental and Climatic Trading Group. The firm advises on all aspects of climatic and environmental law including trading carbon credits. Clifford Chance has also been shortlisted for three categories of The Lawyer HR Awards (Best Corporate Responsibility Initiative; Most Effective Internal Communication; Best Recruitment Website). Big Future for Small Groups Futurebuilders England has launched a new scheme to help smaller third sector groups successfully bid for public sector contracts. Thanks to £150,000 funding from the Cabinet Office's National Programme for Third Sector Commissioning (NPTSC), the £220,000 Small Organisations Tender Fund will offer grants to cover capacity building work and the costs of tendering for contracts. The scheme is open to third sector organisations that have been operating for at least a year and have an annual turnover of less than £250,000. It can provide grants worth up to 10% of the overall contract value, to a maximum of £15,000. Announcing the initiative, Jonathan Lewis, chief executive of Futurebuilders England, said the new fund offers a great chance for smaller third sector organisations to realise their potential. To be eligible for funding, organisations must meet a number of criteria, including a turnover of less than £250,000. Futurebuilders England also provides a support scheme for larger organisations – the Tender Fund, which offers interest-free loans of up to £1 million. College Cash Boosting Businesses Colleges across Scotland are set to receive £7 million so they can help businesses overcome the economic downturn. The Scottish Funding Council will stump up £2 million before April and a further £5 million after that to enable colleges to offer training and skills courses in areas that suffer major redundancies. Many institutions had already allocated their regular training and skills budgets, but this extra investment will allow them to continue their work as part of the Scottish Government's Partnership Action for Continuing Employment (PACE) initiative. PACE is a national framework formalising quick, tailored support to help people who are made redundant develop the skills required to find new jobs. Headcount Reductions Planned but Skills Shortages still Exist Headcount reductions in the first half of the year will be broader and deeper in the UK than those made last year, but skill shortages will continue to exist, according to a survey of HR decision makers by global recruiter Randstad. Among the findings were: Almost half (46%) the organisations said they plan to make cutbacks in the next few months, compared to 38% who made headcount reductions between the summer and mid-November last year; The proportion of organisations planning reductions that expect to cut more than 10% of their employees is due to double to 22%; more than half (55%) of the organisations with more than 10,000 employees expect to make reductions in the next few months; 55% said that they were experiencing skills shortages, with the key areas of demand being managerial, operations and IT; 70% report that the UK still has a long-term skills problem. Fred van der Tang, managing director, Randstad UK Professional Services, says: "Whilst our research shows that headcount reductions are likely to be significant in the coming months, it indicates that many organisations believe they will still be short of key skills to cope with the recession." UK to Require South Africans to Acquire Visas for Entry South Africans will need visas to travel to the UK under new rules designed to tackle terrorism and illegal immigration. The UK Government says its position follows concerns that too many immigrants are obtaining South African passports and travelling to Britain without further checks. There are also fears al Qaida operatives are using South Africa as a transit point to enter Britain, according to a report in The Times. Six months ago South Africa and 10 other countries, including Brazil and Mauritius, were warned to improve their passport security systems or face new visa requirements. In 2007, 419,000 South Africans travelled to the UK legally, including 168,000 tourists and 46,200 business visitors. Nearly 3,000 were given work permits. They are the fifth largest group of visitors to Britain behind citizens of the US, Australia, Canada and Japan. Visitor visas lasting up to six months cost £65 and work visas £205. The move is likely to prompt fears of reciprocal changes affecting British holidaymakers going in the other direction. International Women's Media Foundation Accepting Applications for the 2009-10 Elizabeth Neuffer Fellowship The International Women's Media Foundation is now accepting applications for the 2009-10 Elizabeth Neuffer Fellowship, named for the 1998 IWMF Courage in Journalism Award winner and Boston Globe correspondent who was killed in Iraq in May 2003. This program, created with Neuffer’s family and friends, aims to perpetuate her memory and advance her life mission of promoting international understanding of human rights and social justice while creating an opportunity for women journalists to build their skills. One woman journalist will be selected to spend an academic year in a tailored program with access to Boston-area universities as well as the Boston Globe and New York Times. The flexible structure of the program will provide the fellow with opportunities to pursue academic research and hone her reporting skills covering topics related to human rights. The fellow may also participate in the Elizabeth Neuffer Forum on Human Rights and Journalism. The Elizabeth Neuffer Fellowship is open to women journalists whose focus is human rights and social justice. A successful applicant will be dedicated to a career in journalism in print, broadcast or online media and will show a strong commitment to sharing knowledge and skills with colleagues upon the completion of the fellowship. Excellent written and spoken English skills are required. A stipend will be provided, and expenses, including airfare and housing, will be covered. Applications will be accepted until April 15, 2009, and the fellowship will run from September 2009 – May 2010. For further information, visit www.iwmf.org/neuffer The fastest growing jobs in the UK, according to jobs website careerbuilder.co.uk, are for engineers, environmental consultants, cosmetologists, public relations specialists, human resources professionals, advertising executives, teachers, accountants, counselors and data communications analysts. Creme of Nature Community Action Award 2009 What could you do with £10,000 this year? Now into it's second year the Creme of Nature £10,000 Community Action Award is focused on those with great ideas and vision in African Caribbean voluntary, faith and community groups, whose primary objective is to support and encourage women. Now into its second year, the Award is focused on those in African Caribbean voluntary, faith and community groups, whose primary objective is to support and encourage women. Applications are welcome from individuals to small groups, but priority will be given to those who have an annual turnover of less than £50,000. The final closing date for applications is the 17th April 2009. 100 Ghanaian Communities Join Cadbury Cocoa Partnership on Cadbury's 100th Anniversary in Ghana Cadbury plc has announced that the Cadbury Cocoa Partnership is now active across 100 Ghanaian communities, marking the 100th anniversary of cocoa trading with Ghana. The Cadbury Cocoa Partnership, established last year in conjunction with the United Nations Development Programme, also announced the partners driving its community support at grassroots level in Ghana are CARE, Voluntary Service Overseas and World Vision. Since its launch last year, the Cadbury Cocoa Partnership has begun investing in Ghanaian farming as part of a ten-year £30 million commitment to secure the future of cocoa farmers and their communities.1 While Ghanaian cocoa trades at a premium due to its consistent high quality, the country's cocoa farming industry is facing increasing challenges ranging from the ever-present threat of crop disease to attracting the next generation of farmers. The Cadbury Cocoa Partnership's first year has seen a Ghana Board set up to oversee the programme which includes representatives from Ghanaian government ministries, farmer organisations and development specialists. The 100 communities who have now joined the partnership have been identifying their main development needs, including the construction of new school buildings or forming Cocoa Youth Clubs to encourage the next generation to remain with agriculture, particularly cocoa farming. In 2009 Cadbury Cocoa Partnership is extending its activities to focus on improving farm income levels by developing farmer education programmes that explore best cocoa management practices leading to high quality and increased yields. By 2018, Cadbury estimates it will have made a demonstrable difference to the lives of around half a million Ghanaian farmers. CITI Foundation Funding gives Boost to 15 US MicroEnterprise Organizations With funding from the Citi Foundation, 15 non-profit community-based organizations across the country that help entrepreneurs start and grow their businesses will be able to hire graduate students as summer interns this year. Called the "Citi Aspen Interns Project," the interns will help collect data on clients, while also learning about the microenterprise development field, which provides budding entrepreneurs with capital and/or training. This is the third consecutive year that Citi Foundation has supported the internship project. Funding allows each organization to recruit and hire an intern, who receives a $7,000 stipend. As part of the $250,000 program, the Citi Foundation is funding researchers at FIELD, the Microenterprise Fund for Innovation, Effectiveness, Learning and Dissemination, to manage the project and provide the interns with data collection training. FIELD is part of the Washington, D.C.-based Aspen Institute. Microenterprises are defined as very small businesses capitalized with $35,000 or less and employing five or fewer people. Today, approximately 500 organizations nationwide are engaged in the microenterprise field. Data collected through the project can be used by the organizations to identify gaps in service, fund-raise or advocate for entrepreneurship. The internship experience exposes college students both to the microenterprise field and to potential careers within the industry. Call for Papers – 4th WAAD International Conference, Abuja, Nigeria The 4th Women in Africa and the African Diaspora (WAAD) International Conference on Education, Gender & Sustainable Development in the Age of Globalization takes place in Abuja, Nigeria from August 3-8, 2009.For over a decade, the WAAD conferences have provided the space for researchers, students, policy makers, activists, women and men of different races, religious persuasions and ideological leanings to engage in vigorous and fruitful debates on issues relating to women in Africa and the African Diaspora. The first WAAD conference held in Nsukka, a small university town in rural Nigeria, gathered over 700 researchers, activists, policy makers, and students from five continents. The conference generated ten-volume proceedings of over 200 original papers and saw the beginning of the Association of African Women Scholars (AAWS). The second WAAD conference, held in Indianapolis (USA) in 1998, gathered hundreds of participants from 35 countries and 48 national and international organizations. The third conference in Madagascar was equally very well attended. The WAAD conference has succeeded in putting in place forward-looking strategies for continuing its work. It maintains a global network and has published three volumes of selected papers. With the theme (Education, Gender & Sustainable Development in the Age of Globalization), the 4th WAAD interdisciplinary conference will provide opportunities for constituencies inside and outside the academy, researchers, academicians, practitioners, policy makers, professionals, and students from various disciplines in the humanities, social sciences, pure and applied sciences, professional schools, etc. to discuss the education of women and girls in Africa and the African Diaspora and explore its relationship to sustainable development in a rapidly globalizing, complex world. Forms for paper, panel, roundtable and workshop proposals are available on the conference website: www.waadconf.org. Click on "Proposals." Send as e-mail attachments the completed proposal form, abstract and curriculum vitae (as Word documents) by March 15, 2009 to the Convener at
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. Selected papers will be published.
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News from the UK and around the world
Development Impact Seeking Diaspora Volunteers for Nigeria Development Impact For Nigeria [DIFN] needs UK based volunteers, ideally of Nigerian heritage, wanting to get into international development work or volunteer management work. If you are an undergraduate or new graduate wanting to gain valuable work experience, live in London and can spare 1 day a week volunteering for DIFN, DIFN will offer you Mentoring & support, Payment of expenses and the opportunity to take part in their Diaspora volunteer programme to Nigeria. Those interested are asked to contact
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Ariane de Rothschild Fellows Program Launched The School for Social Entrepreneurs (SSE) is working with Columbia Business School and scholars from Cambridge University on a social entrepreneurship program. An initiative of the Edmond de Rothschild Foundation, the Ariane de Rothschild Fellows Program: Dialogue & Social Entrepreneurship is a new program designed for social entrepreneurs with an interest in fostering a culture of mutual respect and dialogue among Jewish and Muslim communities. Delivered in partnership with Columbia Business School and Cambridge University, this 2-week program blends an innovative and action-driven social entrepreneurship program, training in cross-cultural dialogue and leadership and exposure to state-of-the-art scholarship. Acceptance to the program is by application only. Selected Fellows will be invited to the program in New York City in July 2009, inclusive of travel, lodging and some meals. www.adrfellowprogram.com.
Ashoka brings social innovation and entrepreneurship to agriculture in Sub-Saharan Africa and India Ashoka has announced a $15 million grant from the Bill & Melinda Gates Foundation to support social innovation and entrepreneurship in agricultural and sustainable rural development. The foundation's grant will allow Ashoka to elect more than 90 Fellows who will spread promising innovations aimed at helping small farmers living in poor, rural communities in Sub-Saharan Africa and India move out of poverty. Ashoka's proven expertise and local and global networks — approximately 2000 social entrepreneurs in 63 countries—are supporting the world's most powerful new ideas and its leading social entrepreneurs. Through its wide-ranging, global "nominators network," Ashoka finds individuals with transformative ideas who lack financing, legal support, or the basic means for scaling their work. After completing Ashoka's rigorous global selection process, Ashoka Fellows are provided with the best intellectual and process leadership for refining and replicating their successes, and for hatching entirely new ideas. Due to these critical partnerships, the world's largest community of social entrepreneurs is taking social innovation and entrepreneurialism to new fields. Ashoka has recently been able to elect new Fellows in the areas of journalism and technology and now looks forward to bringing these transformative principles to the areas of youth, climate change, and disability.
Business Fights Poverty Announces New CSR Enhanced Member Profile Built to be the premier CSR outreach platform for Business Fights Poverty, the custom-built multimedia website includes videos, podcasts, the latest news and blog posts, press releases and event announcements from Business Fights Poverty's international network of members engaged in responsible business to reduce poverty. Business Fights Poverty is an international network for professionals passionate about fighting world poverty through good business. The on-line network connects practitioners and experts around the world to form a global community of pioneers pushing the boundaries of how business can fight poverty. Business Fights Poverty is using the new EMP to showcase a major new series of events in London that will explore the role of business in international development in the context of an economic downturn, in partnership with the UK Government's Department for International Development (DFID) (www.dfid.gov.uk), the Overseas Development Institute (www.odi.org.uk) and Business Action for Africa (www.businessactionforafrica.org).
US Unemployment Rate Higher for Men than for Women Men are losing their jobs at a higher rate than women because the market for jobs typically held by women has faired much better than the market for those typically held by men. According to a report in USA Today, since December 2007, the unemployment rate for men has soared from 4.4 percent to 7.2 percent, while the rate for women has gone from 4.3 percent to 5.9 percent, according to a government report. The construction industry, where men represent 93 percent of the workers, and the manufacturing industry, where men represent 72 percent, particularly took a beating. A total of 632,000 construction jobs were lost in 2008, along with 791,000 manufacturing jobs. During the same period, two fields dominated by women--healthcare and education--added 536,000 jobs. Women are also more likely to work part time, which may decrease their risk, since part-time workers typically don't have benefits and cost employers less. Mission Residential chief economist Richard Moody estimates that 25 percent of women work part time, compared with 12 percent of men.
Top Companies for Corporate Social Responsibility Fortune magazine, think tank AccountAbility and corporate responsibility consultancy Csrnetwork have published their 2008 Accountability ratings from the Fortune Global 500. The Top 10 include Vodaphone (number one), General Electric, HSBC Holdings, France Telecom, HBOS, Nokia, Electricite de France and BP.
Recession to hit London harder than Other UK Regions London is set to be hit hardest by the recession, with 370,000 jobs likely to be lost in the capital by the end of 2010, according to a report. The report by the Local Government Association (LGA) predicts more than 1.7 million jobs will be lost over the next two years across the country, but warns that the impact will vary from region to region. While 7.9 per cent of jobs could be lost in London, other areas, such as the north-east (5.7 per cent) and south-west (5.1 per cent), will fare much better. According to the LGA report, From Recession to Recovery: The Local Dimension, the hardest hit industries will be construction and manufacturing, while high skilled industries should remain relatively unscathed. The LGA is calling for as many economic decisions as possible to be taken at a local level to ensure that local solutions can be found. At a summit in London yesterday organised by the association, council leaders pledged to work together to avoid job losses in the coming months and retrain people who had become unemployed. Source: PM Online
EU Backs Blue Card to attract Highly-skilled Immigrants The European Parliament has approved the EU's "Blue Card" scheme to attract highly-skilled immigrants to Europe. The Blue Card is modelled on the US "Green Card" system and will allow foreigners to take jobs in EU economic sectors suffering from skill shortages. An applicant for the EU Blue Card must have found a job in the EU, and have at least five years' experience in the sector concerned or a university qualification recognised by the Member State. The applicant's contract must guarantee an income of at least 1.7 times the average gross salary in the Member State of residence, MEPs said, adding that this salary must not be lower than that of a comparable worker in the host country. It will also be possible to grant the EU Blue Card to third country nationals already legally staying in the Union under other regimes. The MEPs have, however, ruled out granting the card to asylum applicants or third country nationals admitted to the Union as seasonal workers, as the latter are covered by a specific proposal for a directive. The Blue Card will entitle its holder to family reunification within six months. His or her spouse would also be able to seek a job in the Union - and to social welfare coverage in the Member State concerned. A holder who loses his or her job should have six months to find another. MEPs have also urged Member States not actively encourage the "brain draining" of third countries through the Blue Card in sectors where these countries suffer from labour shortages, particularly in the areas of health and education.
Flexibility Measures to go ahead despite Economic Gloom An extra 4.5 million people will be given the right to request flexible working from their employers, despite business fears over the economy, from April 2009. Parents of children aged up to 16 will be given the right to request flexible working from their employers, despite business fears over the economy, the government has confirmed. The measures, which will enable an extra 4.5 million people to access arrangements such as part-time working or amended hours, will come into force in April. Ministers were considering delaying the proposals because of the burden they would place on business in the downturn, but they have now been confirmed as the government set out its agenda in the Queen's Speech. Elsewhere in the Queen's Speech, the government renewed its attempts to achieve gender and race equality through the equality bill. Among other provisions, the bill will ban secrecy clauses stopping employees discussing their pay. Public bodies will also have a new duty to report statistics on their diversity and progress on equal pay.
Liquidnet-Funded Youth Village Opens Doors to 125 Students in Rwanda Liquidnet, the global institutional marketplace, has announced that a 143 acre (58 hectare) youth residential and education complex, funded in part through the company's Global Social Engagement (GSE) program, has opened to an inaugural class of 125 high school-aged residents. The community, named Agahozo Shalom Youth Village (ASYV), will be home to orphans primarily of the 1994 Rwandan Genocide. Liquidnet has donated USD$4.0 million in cash to the project as of 30 September 08 and, through a worldwide network of employees, untallied donations of goods and services. Liquidnet budgets one percent of its trailing revenues to fund its GSE initiatives, which are focused on conservation, social awareness and employee volunteerism. The ASYV, whose name is a hybrid of the Kinyarwandan word Agahozo "dry their tears" and the Hebrew word shalom, "live in peace," has been in development for two years. The site overlooks Lake Mugesera in Rwanda's Eastern Province and includes 32 group homes, a complete high school, science and computer laboratories, land for organic farming, a reforestation program, 800-capacity dining hall, counseling and medical facilities and recreational fields. Patterned after communities established following the Holocaust in WWII, the Village is the first to follow this model in Rwanda. The Village will be an incubator for a range of innovative development practices. Built in conjunction with the American Jewish Joint Distribution Committee (JDC), Liquidnet intends the Village to serve as a successful model of education and capacity building for other parts of Africa and the developing world. Future plans include the construction of a conference center, allowing others from around the world to learn from the Village's model. Liquidnet is an electronic marketplace that facilitates institutional equities trading for asset management firms worldwide.
Should US Women Entrepreneurs Start Businesses Now? In the United States, there are 10.1 million women-owned businesses, which provide jobs for approximately 13 million people, according to information provided during IBM's Women Speak Webcast. In addition, 1.9 million businesses are owned by women from traditionally underrepresented groups. Globally, women own one-third of all businesses, representing 29 percent of the global population. And 72 percent of women executives globally are working mothers. But one challenge women entrepreneurs face involves the very core of starting a business - financing it. "If women are looking to expand their business globally, I believe the first thing they need to do is do some market research in terms of which parts of the world would be most receptive or have a need for their products or services," says Virginia P'an, managing partner & CEO of China Pacific Partners LLC & TransCapital Group LLC. "Women business owners should be looking at identifying and establishing local strategic alliances when they are entering a new market so that they can tap into the local cultural and business nuances."
Jordan Brand Awards $1 Million to America's Unsung Educational Heroes Jordan Brand, a division of Nike, Inc., has announced that through its Jordan Fundamentals Grant Program it is recognizing close to 300 educators nationwide for their outstanding achievements and contributions in the classroom. This year, the Jordan Fundamentals Grant Program will award $1 million in total grants for the 2008-2009 school year to aid teachers working in grades K-12 in underserved communities. These grants provide the resources necessary for instructional creativity and enhance curriculum development. The Jordan Fundamentals Grant Program acknowledges and provides financial support to teachers who endeavor to overcome challenges and limited resources in order to achieve excellence through instructional creativity, innovative teaching and high learning expectations for students. Since 1999, the Jordan Fundamentals program has presented more than $9 in financial aid to public secondary school teachers where at least 50 percent of the student body population is eligible for the free or reduced lunch program. A division of NIKE, Inc., Jordan Brand is a premium brand of footwear, apparel and accessories inspired by the dynamic legacy, vision and direct involvement of Michael Jordan.
The Observer Publishes Good Companies Guide The Observer has published the second version of is Good Companies Guide, which ranks UK listed companies on environmental and ethical criteria rather than size. It says that the credit crunch is resetting the business agenda, with rising unemployment and the prospect of recession replacing the 'green' debate that raged in 2007 when the first Guide was published. Ian Jones, head of responsible investment at Co-operative Asset Management, who helped to compile the Guide, says: "The financial crisis has shown that failing to look beyond bonuses can have serious consequences. Challenges like climate change and poverty require ingenuity and investment. People want companies to be part of the solution, not forever part of the problem". Scottish and Southern Energy secures first place, with 93.4 out of a possible 100, thanks to ambitious renewable energy projects like the £1.3bn wind farm at Greater Gabbard, off the coast of Suffolk. B&Q takes second place because of its work on sustainability. BT was third, followed by Mondi, Royal & Sun Alliance, Shaftsbury, Vodafone, Mouchel, Aviva and Johnson Matthey.
Academic Leaders from 43 Countries Renew Commitment to Responsible Management Education Calling for a stronger focus on the long-term sustainability of business, educators and administrators representing 170 business schools and other academic institutions from 43 countries have reaffirmed their commitment to the Principles for Responsible Management Education, a UN-backed initiative launched in 2007 to mainstream corporate responsibility in curriculum development, research and advocacy. The more than 260 academic leaders, as well as representatives of business, civil society and the United Nations, gathered at UN Headquarters in New York on 4-5 December for the First Global Forum for Responsible Management Education, which was hosted by the United Nations Global Compact in collaboration with the Research Center on the Global Compact at the Neil D. Levin Graduate Institute of International Relations and Commerce. UN Secretary-General Ban Ki-moon, addressed the closing plenary of the Forum, encouraging management educators to work together to "ensure that management science is rooted in the concepts of sustainability and corporate citizenship." Launched in 2007, the Principles for Responsible Management Education (PRME) provide framework for academic institutions to advance corporate social responsibility through the incorporation of universal values into curricula and research.
Entrepreneurs Foundation Launches 2.0 Platforms for Corporate Philanthropy Entrepreneurs Foundation has launched its new open source website to provide tools and resources to companies desiring to develop or enhance a corporate philanthropy or community involvement program. Until now there hasn't been a one-stop-shop for corporate representatives to find information and resources focused on these programs. The new website, www.efbayarea.org, was developed by Entrepreneurs Foundation and based on the organization's ten years of experience working with over 700 companies to build corporate philanthropic and community involvement programs. The Resources and Tools section of the website guides companies through Entrepreneurs Foundation's Spectrum of Community Engagement; a six-part planning and measurement process that helps companies build comprehensive community and philanthropic programs. The six sections of the spectrum address corporate giving, employee giving, employee volunteerism, corporate infrastructure, sustainable business practices and marketing. Within each section of the Spectrum, visitors to www.efbayarea.org can find information, examples and links to other resources that will enable them to build stronger and more meaningful corporate philanthropic and community benefit programs. In addition to www.efbayarea.org's open source available resources, Entrepreneurs Foundation also hosts a social network to connect individuals interested in corporate philanthropy and corporate community involvement.
MasterCard Foundation and MEDA Pioneer Financial Services for Poor Youth in Egypt and Morocco The MasterCard Foundation and Mennonite Economic Development Associates (MEDA) has announced a $5 million program to create inclusive financial services and education for youth in Morocco and Egypt. This five-year program, called Youth Invest, will enable microfinance institutions to develop and test innovative products, reaching approximately 50,000 people between the ages of 15 and 24, especially those living in rural areas. Until recently, microfinance institutions have not focused on poor youth, in part due to the perception of risks associated with serving young people who may lack collateral or work experience. MEDA will partner with leading microfinance institutions in both countries to study the needs of employed as well as unemployed youth, and to design appropriate financial products, such as savings for education or loans to start a small business. The program will also provide youth-specific services, including financial and business-related training to develop youth entrepreneurship skills. Youth Invest will enable MEDA to document findings and build a business case encouraging microfinance institutions in other countries to view youth as an attractive client population.
A Good Spouse Is Priceless for Business Success With the landscape remaining tougher than ever for small businesses, despite the recent package of measures announced by the Chancellor, the latest research from Bibby Financial Services has found that having a supportive spouse can make all the difference when it comes to business success or failure. The research found that over a third (38%) of business owners’ partners believe that working weekends is par for the course when your other half is running their own business, with 44 per cent of spouses stating that their partner being late home is part and parcel of life with an entrepreneur. As well as understanding the sacrifices their partners have to make to keep their business healthy in one of the toughest economic climates for over a decade, these understanding spouses are also working on an unpaid basis to ensure the success of their partners business. In fact, these 'unseen heroes' contribute some £72 billion per year to the UK economy by helping out their partner, equating to over 230 million unpaid hours every month. In spite of entrepreneurs’ best efforts however, their other halves do not always agree on what is deemed an acceptable sacrifice in the name of business. More than half (52%) of business owners believe it is appropriate to spend less time with friends and family when the business demands it, compared with just 18 per cent of spouses. In addition, almost half (49%) claim spending less time with their partner is acceptable while only 14 per cent of spouses agree. While spouses remain committed to supporting their partner in achieving their business goals, almost a quarter (24%) report that arguments are caused by their other halves thinking about work too much, and almost a third (29%) have fallen out with their partner due to the lack of help with chores around the home.
Generation Y Women Urge Obama to Focus on Civil Rights More than 75 percent of women ages 18-29 say President-elect Barack Obama should make civil rights and racial justice top priorities, according to a survey by the YWCA. Only slightly more than half of women between the ages of 30 and 70 said the same, The Associated Press reports. The survey also found that half of Generation Y women expect discrimination based on ethnicity or religion to be a "major obstacle" for them, compared to only 31 percent of older women. The telephone survey, conducted two days before the 2008 election by Princeton Survey Research Associates International, gathered responses from 1,000 women ages 18-70. Not surprisingly, an overwhelming 92 percent majority of women of all ages, felt Obama's very first priority should be solving the current financial crisis, according to the AP. Source: The Washington Post
650,000 Jobs to be Lost in London and the South-east by 2010 Economists are predicting that London and the south-east will lose 650,000 jobs by the time the recession has run its course in 2010. The downturn is claiming hundreds of jobs every day as a wave of redundancies that started in the City spreads across virtually all sectors. Latest unemployment figures show almost 300,000 people are out of work in the capital- a rate of 7.4 per cent, the second highest unemployment rate in the country. Nationally the unemployment figure is likely to hit two million by Christmas and three million before the recession ends. The big rises in unemployment tend to come some months after the start of a downturn as employers wait to see if it is a temporary. Ben Read of the Centre for Economics and Business Research says that: "With unemployment being a lagging variable we can expect to see further sharp increases over coming months, particularly given that the worst of the financial crisis has only been seen in the last two months". The shake-out appears to be accelerating and has spread from finance and property to sectors such as transport, manufacturing, leisure, retail and law. Media and communications is also coming under pressure. Several newspaper groups have already announced redundancies.
UK is on the Verge of a 'Brain Drain' Britain is on the verge of a brain drain, according to a new survey. The survey, from IT and technical recruiter Harvey Nash, shows that 26% of employers are already experiencing the effects of increased UK skilled emigration, with over a third (33%) of respondents finding it difficult to recruit skilled UK candidates and 40% concerned about their ability to retain skilled staff. One in three respondents said that greater job satisfaction and improved career prospects are the most important elements to retaining skilled staff, followed closely by salary (29%), and work/life balance (25%). Source: Recruitment Matters
SCCE and HCCA Social Networks Now Open to All US Compliance and Ethics Professionals The Society of Corporate Compliance and Ethics (SCCE) and the Health Care Compliance Association (HCCA) has announced that the associations are making their Social Network sites available to all compliance and ethics professionals beginning December 4, 2008. Previously, to access the social network sites and participate in the online discussions, compliance and ethics professionals had to be members of either the SCCE or HCCA. Opening up to the entire ethics and compliance community at no cost will not only allow new people to participate, but also help existing members by providing them with access to the wisdom of a larger pool of compliance and ethics professionals. The Compliance and Ethics Social Network was established by SCCE and HCCA this past fall. More than 500 compliance and ethics professionals have already joined in. Over 30 separate groups have developed online discussions on topics including HIPAA, Social Responsibility, the Foreign Corrupt Practices Act and business ethics. These sites will enable users to connect with others in the profession year round. The sites are designed to make it easy for users to find other ethics and compliance professionals who share the same challenges, whether it's dealing with the complexities of FCPA or a general ethics issue.
Colleges and Companies Unite To Boost Business Five new pilot schemes aiming to use the expertise of further education colleges to improve business competitiveness have been announced by the Government. The pathfinder projects, backed by £2.5 million funding from the Further Education Specialisation and Innovation Fund, will help to build links between academia and industry to help firms across the UK develop new products and expand into new markets. The five successful pilots include the City of Bristol College which will lead a consortium called the South West Composites Gateway, which will help the region's aerospace and defence industries to develop world-class innovation in composites design, manufacture and repair. The pilots will play a vital role in showing how FE can boost the performance of local firms, helping them stay competitive in tough times, while helping shape a new and exciting agenda for the entire further education sector.
Two-Parent Black Families on the Rise in USA Census data suggests that a larger percentage of Black children are being raised by two parents than at any time since the 1980s, reports The New York Times. The new data shows that almost 40 percent of Black children in the United States are being raised by two parents. In 1980, 42 percent of Black children lived with two parents, down from 59 percent in 1970. Over the next 24 years, the trend continued downward to 38 percent in 1990 and 35 percent in 2004. In 2007, the latest year for which statistics are available, the percentage jumped to 39.5 percent. The Census Bureau attributes some of the increase to a change in how two-parent families are defined. In 2007, the Bureau began to identify parents as any man and woman living together, regardless of whether they were married or the biological parents of the child. Experts said that other reasons for the trend are the growing proportion of immigrants among the country's Black population and the emerging Black middle class.
Call for Papers for 1st Annual 2009 Public Scholars in Africana Studies Conference The Public Scholars in Africana Studies (formerly the African American and African Diaspora Studies) at Indiana University Purdue University Indianapolis (IUPUI) cordially invite scholars to submit paper proposals for the 1st Annual 2009 Public Scholars in Africana Studies Conference. Our theme for the conference is "Rethinking Economic Development in the Context of Globalization." In the last few decades, the world community has witnessed a tremendous intensification of globalization processes and its' attendant impacts on the political, economic, social, and cultural realms of society. Moreover, the economic gap between countries of the North and the South has widened considerably, even as new upcoming economic superpowers such as China and India are now playing more important roles in the economic arena. These effects are expected to intensify in the coming years as a result of increasing international trade, the increase in the outsourcing of jobs from the North to the South, technological advances, global warming, and the widening digital divide. The main objectives of the conference are to assess the multifaceted impacts that globalization has had on various countries of the World and to interrogate both the theoretical and empirical aspects of entrepreneurship and economic development in the 21st century in the context of globalization. The audience for the conference will include international scholars from various parts of the world. Possible paper topics are numerous and include assessing the Impact of Globalization and Reexamining The Impacts of Outsourcing of Jobs in the 21st Century Economy. The deadline for the submission of paper topics is March 31, 2009. Send all abstracts, registration fees, and relevant materials to Conference Convener: Chief Dr. Mrs. Bessie House-Soremekun. Email:
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HMRC Allows SMEs to Delay Tax Payments HM Revenue & Customs (HMRC) has launched a business payment support service which allows struggling firms to defer their business tax bills. SMEs finding it difficult to pay income tax, VAT, corporation tax and National Insurance contributions can get in contact with HMRC to arrange an affordable payment timetable, allowing them to make payments over a longer period. Where a deferment has been made, HMRC will not apply any late payment surcharges, although interest will be charged on outstanding amounts. Because HMRC rates of interest are generally lower than rates offered by many high-street banks, tax experts are predicting that there will be a rush to defer payment from firms suffering cashflow problems. According to HMRC, £3 billion in tax could be deferred over the next year. Interest will be charged at 5.5 per cent on outstanding National Insurance, income tax, capital gains tax and stamp duty and at 4.25 per cent on corporation tax. For more information about the Business Payment Support Service, visit the HMRC website.
Fiction Reading Increases for US Adults After years of bemoaning the decline of a literary culture in the United States, the National Endowment for the Arts says in a report that it now believes a quarter-century of precipitous decline in fiction reading has reversed. The report, "Reading on the Rise: A New Chapter in American Literacy," being released Monday, is based on data from "The Survey of Public Participation in the Arts" conducted by the United States Census Bureau in 2008. Among its chief findings is that for the first time since 1982, when the bureau began collecting such data, the proportion of adults 18 and older who said they had read at least one novel, short story, poem or play in the previous 12 months has risen. The news comes as the publishing industry struggles with declining sales amid a generally difficult economy. The proportion of adults reading some kind of so-called literary work — just over half — is still not as high as it was in 1982 or 1992, and the proportion of adults reading poetry and drama continued to decline. Nevertheless the proportion of overall literary reading increased among virtually all age groups, ethnic and demographic categories since 2002. It increased most dramatically among 18-to-24-year-olds, who had previously shown the most significant declines.
Call for Applications for the J.P. Morgan Spring Week The J.P. Morgan Spring Week is a truly comprehensive overview of investment banking. As the original Spring Week programme in our industry, we have refined what really works and what students want most, so you can expect insights into the different sides of our business. You’ll meet other students who are interested in the industry, be introduced to Analysts and senior members of the team, and take part in work shadowing, interactive presentations and case studies. J.P. Morgan Spring Week is open to students across Europe, on track for a 2:1 degree in any discipline, who graduate in 2011. Closing date for applications is 8 February 2009. www.jpmorgan.com/springweek.
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News from the UK and around the world
Increased Acceptance of Higher Education-QS World University Rankings 2008 The new edition of the Times Higher Education-QS World University Rankings 2008 indicates an increasing acceptance of the importance of these rankings by the international higher education community and those that employ graduates from the top universities in the world. The THE-QS World University Rankings 2008 have received unprecedented response levels from both the international academic community and employers. 6,354 academics (compared with 5,101 in 2007) and 2,339 employers (compared with 1,482 in 2007) responded to the surveys, eager to reflect the position and influence of the world’s leading universities. Now in its fifth year, the research is conducted and compiled by QS Quacquarelli Symonds and features online on the QS web site www.topuniversities.com. This latest edition of the THE-QS World University Rankings also reflects the increasing profile of technology-based universities, with many of the world’s top universities in this area such as Caltech, MIT, ETH Zurich and Hong Kong University of Science and Technology improving their position. As demand by international employers for more technology-literate graduates has grown, the importance of these universities has risen in the Rankings. The UK and USA continue to dominate - Harvard University remains as the top university, with Yale moving ahead of Cambridge for the second spot. Oxford drops to fourth, while Princeton drops out of the top ten, replaced by the only new entrant in the Top 10, Columbia University.
New Fund Launched for Staff Training A new £6.2 million scheme has been launched to fund staff training across the East of England. Financed by the European Social Fund, "Beyond 2010" will offer SMEs in ten priority sectors the chance of a full consultancy to identify staff skills needs, along with grants of up to 50% of the costs of undertaking the relevant training. It will also offer specific help to workers facing redundancy. The Response to Redundancy strand will provide advice, guidance, and re-training opportunities to help get people back into work. The programme aims to build on the success of the previous "Towards 2010" initiative, which supported nearly 2,400 businesses and helped train more than 8,800 workers. The programme is open to East of England-based small to medium sized enterprises that are operating in any of the following priority sectors: Automotive and high-tech manufacturing, Creative industries, Financial services, Food and drink processing, Life sciences and healthcare, Low carbon and sustainable technologies, Social enterprise, Sustainable communities and the built environment, Tourism and the 2012 Olympics and Transport gateways. For more information on Beyond 2010, contact Tom Bendy at the Essex Development and Regeneration Association (ExDRA) on 01245 702407 or email
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9 Out of 10 Business Leaders Believe Obama will Advance Corporate Responsibility According to the "BSR/Cone 2008 Corporate Responsibility in a New World Survey", more than two-thirds of the business leaders say that more responsible business practices could have lessened, or even prevented, the current economic downturn. Additionally, nearly nine out of 10 survey respondents believe U.S. President-Elect Barack Obama will have a positive impact on advancing the corporate responsibility agenda. Survey respondents outlined the most important steps the Obama Administration should take to advance corporate responsibility around the world, including promoting major investments in renewable energy and carbon capture and storage technologies. (67 percent) and taking measurable steps toward progress on effective, efficient, and fair global climate change mitigation strategies (53%). At the same time, an overwhelming majority (94 percent) anticipate increased government regulation of issues related to corporate responsibility, including climate change (86 percent) and corporate governance and financial transparency (83 percent). Nearly three-quarters of business leaders (72 percent) expect that there will be increasing demands on business to solve societal problems, and more than half believe business will meet those demands. The BSR/Cone 2008 Corporate Responsibility in a New World Survey was conducted November 5, 2008, among a sample of corporate responsibility professionals attending the Business for Social Responsibility Conference. The sample population is comprised of 424 representatives from business, NGOs, government, and academia, representing 28 countries.
Skills Academy launched for Young Entrepreneurs The UK Government has unveiled details of a new National Skills Academy (NSA) for Enterprise which is aiming to equip young people with the skills to set up in business. The new academy will be launched early in 2009 and will be headed by Peter Jones from the BBC television programme Dragons' Den. The NSA for Enterprise will deliver the UK's first NVQ level two and three qualifications in enterprise and entrepreneurship, with courses designed by employers and training specialists. It is expected to deliver vocational courses to 11,000 young people aged 16 to 19 within its first three years, offering training on-site, online and at a variety of dedicated NSA colleges to equip them to work for businesses or set up their own. Established businesses will also be able to take advantage of short courses at the new academy to help them to develop their own and their employees' skills. The National Skills Academies were started by the Government in 2006 as a way of involving employers in creating training programmes that suit their needs. The NSA for Enterprise has been announced alongside three others - the NSA for Power, the NSA for Information Technology and the NSA for Social Care - taking the total number of NSAs to 16.
UK Raises Marriage Visa Age from 18 to 21 The UK Government has increased the age at which someone can apply for a marriage visa from 18 to 21. From 27th November 2008, both parties in a marriage will have to be 21 before a marriage visa can be issued. The Government said that raising the age is just one part of its work to crackdown on forced marriage and on those who attempt to abuse the marriage visa route. The Home Office has helped businesses to prepare for the implementation of Tiers 2 and 5 of the points system by publishing detailed guidance on the two tiers. Under these tiers - which cover skilled and temporary workers - employers will be held accountable for the workers they bring into the country, with a new sponsorship scheme holding businesses responsible for those they employ. Tier 2 of the points system will ensure that British jobseekers get the first shot at jobs and only those foreign workers needed will be able to come to the UK. Under this tier, companies must pass the Resident Labour Market test by proving they cannot fill the post with a resident worker before they can bring in someone from outside the European Economic Area (EEA).
Pregnancy-Discrimination Claims Up for US Women of Colour Thirty years after Congress passed the Pregnancy Discrimination Act, a new study shows that the number of pregnancy-discrimination cases has increased, especially among women from traditionally underrepresented groups. The study, released by the National Partnership for Women and Families, found that discrimination cases jumped 65 percent from 1992 to 2007. According to the organization, race and ethnicity appear to be playing a significant role in the rise of pregnancy-discrimination complaints. During the discrete period from [fiscal year] 1996 to [fiscal year] 2005, "claims filed by women of color jumped 76 percent, while claims overall increased by 25 percent. During that time, complaints filed by Black women increased by 45 percent, by Hispanic women by 135 percent, by Asian/Pacific Islander women by 90 percent, and by American Indian/Alaska Native women by 109 percent. More than half the claims filed with the [Equal Employment Opportunity Commission] during that period (53 percent) were filed in service, retail trade and the financial-services, insurance and real-estate industries--where some seven in 10 women work."
Skilled Immigrants a 'brain waste' in US Workforce About 300,000 college-educated legal immigrants in the state, and 1.3 million nationwide, are unemployed or working in low-level jobs because their credentials aren't recognized here, a study finds. This represents a massive "brain waste" of highly educated and skilled immigrant professionals who potentially could, with a little aid, help ease looming labor shortages in California and nationwide in healthcare, computer sciences and other skilled jobs. Nationwide, more than 1.3 million college-educated legal immigrants are unemployed or working in unskilled jobs such as dishwashers or taxi drivers, according to the report by the Washington-based Migration Policy Institute. Nearly a quarter of them live in California. Professionals from Latin America and Africa fare worse than those from Asia and Europe, the study found. Two of the biggest barriers are lack of English fluency and non-recognition of foreign academic and professional criteria. Immigrants say shortages of time and money prevent them from pursuing the needed U.S. credentials. Michael Fix, senior vice president of the Migration Policy Institute, said the need to help immigrant professionals gain the requisite credentials and experience is particularly acute now that the nation faces the impending retirement of 77 million baby boomers, considered the most skilled workforce in history. In California, for instance, the fastest growing occupations are computer software engineer and registered nurse. The migration institute report noted that competition for such professionals is heating up, with other countries such as Canada and Australia moving aggressively to attract them with better transition programs. The report urged several new measures to help ease the way for immigrant professionals, including more language and workforce training, national coordination of credentialing criteria and three-year transitional visas to allow employers to "test the waters" with foreign workers. Source: LA Times
IFC and AccountAbility to Help Emerging Market Companies Become CSR Leaders IFC, a member of the World Bank Group, has announced a partnership with AccountAbility to develop a unique corporate management system that will help companies based in emerging markets strengthen their businesses through corporate social responsibility. The new system will enable firms to build corporate-level strategies that support business development and link performance in social responsibility to quality, productivity, and efficiency. The main components are an integrated diagnostic process to quickly assess and plan according to key risks, business assets, and priority needs and a CSR Performance Excellence management framework that helps managers tie corporate social responsibility to business activities such as procurement, marketing, and product design. According to the IFC, this partnership will provide clients with a system that guides them step by step on how to align their CSR efforts with their core business priorities and competencies — while communicating their efforts to shareholders.
British Universities Lose Ground in World Table The latest league table of the world's leading universities shows Cambridge and Oxford losing ground to Harvard and Yale and a decrease in the number of UK universities in the top 200. The table, which is produced by QS World University Rankings for the Times Higher Education, shows Harvard in the number one spot for the fifth year running. Yale is second, having been joint second with Oxford and Cambridge last year. Cambridge is third, Oxford fourth, Imperial College, London is sixth and University College, London (UCL) is seventh. UCL was ninth in 2007 and like Kings College, London which has risen from 24th to 22nd is one of the few UK universities to improve its ranking. The London School of Economics slips from 59th to 66th. Other UK risers are University of Manchester, 30th to 29th; University of Bristol, 37th to 32nd; and the University of Glasgow, 83rd to 73rd. Overall there are 29 UK universities in the top 200- a decrease of one. Wendy Piatt, director-general of the Russell Group of leading universities, said that its members were performing well against international rivals, particularly the US institutions- which benefit from much higher levels of investment than UK universities. For example Harvard's endowment fund is greater than the total annual funding of all universities in England. The huge investment in higher education and science in China looks set to overtake the UK very soon in terms of research publications and its universities are steadily climbing up the international league tables. There are nine Asian universities in the top 50, including three based in Hong Kong.
Number of U.S. Companies Reporting Sustainability Data Has Doubled Since 2005 Twice as many top U.S. companies publicly released sustainability data on their environmental, social and governance information in 2008 compared with three years earlier, and ethics outweighed economics for the first time as the primary reason for such disclosures, according to a KPMG International global analysis of corporate reports. Of the top 100 U.S. companies by revenue, 74% published corporate responsibility (CR) information in 2008 either as part of their annual financial report or as a separate document, up from 37% in KPMG International's 2005 research. Globally, 80% of the Global Fortune 250 companies now release CR data, up from 64% in the last KPMG International analysis in 2005. Meanwhile, 70% of all companies studied wrote in their 2008 reports to stakeholders that ethical considerations were a primary driver for making CR disclosures, while 50% cited economic concerns as the leading reason. By comparison, in 2005 the drivers were reversed, with economic considerations cited by 74% of the companies as the reason for reporting CR data, compared with 53% of the companies citing ethical reasons for the disclosures. The KPMG International Survey on Corporate Responsibility Reporting is the most comprehensive conducted on environmental, social and governance disclosures, reviewing reports from the Global Fortune 250 (G250) and from the 100 largest companies by revenue in 22 countries.
Majority of Mothers Seeking a Return to Work The downturn is causing mothers to re-assess their working options, according to another new survey. The survey, from jobsite Workingmums.co.uk, shows that 79% of mothers are now looking to return to work or increase their present working hours due to the credit crunch. An earlier survey conducted by the jobsite showed that 90% of mothers found it very difficult to find flexible work, although the vast majority wanted this so they could balance work and family life. According to the jobsite, the current economic situation presents "some good opportunities for mothers to assess their working options and look at what is available to help them meet their needs", calling working mothers "a fantastic pool of talent that many businesses should be calling upon."
Pioneering University Ranking Technology Compares Universities across 40 Countries QS Quacquarelli Symonds, the world's leading career and education intelligence provider, has created a preliminary university ranking technology, known as SAFE (System, Access, Flagship, Economics). It is the first attempt worldwide to compare entire national higher education systems, rather than individual institutions. SAFE utilizes latest research emerging from the Times Higher Education-QS World University Rankings 2008 to draw comparisons across 40 countries. The innovative methodology provides a direct comparison between the world's higher education-providing nations. It contains new criteria which avoid the pitfalls of ranking nations simply according to the number of universities those nations have in the top 200. Developed over the last twelve months by QS, SAFE allows a more direct comparison between two nations using the four key criteria. This preliminary analysis attempts to take the different economic and demographic realities of each country into account whilst evaluating the success of each national system in terms of its global competitiveness.
Conflict Mismanagement costs £24 billion Poorly managed conflicts in the workplace are crippling British business, according to a new report 'Fight, Flight or Face It' from business psychology firm OPP and the Chartered Institute of Personnel and Development. The average UK employee spends over two hours a week dealing with conflict, which means in total more than 370 million working days were lost last year at a cost to British employers of more than £24 billion. Personality clashes and warring egos are the number one cause of conflict, cited by 49% of respondents. Stress and heavy workloads follow, being cited by 34% and 33% of employees respectively. Over half of employees (54%) and many more HR professionals (80%) want managers to address underlying tensions before they escalate into conflict. A quarter (27%) of employees have seen disagreements involving personal attacks or insults, while one in six (16%) have actually seen conflicts lead to people being fired. Meanwhile, the majority of HR professionals (63%) have seen employees become ill or absent following a disagreement within their organisation. According to HR professionals, most conflict is seen in departments at the operational level, such as customer service, where it has a direct impact on the performance and reputation of an organisation. However, conflict also exists at the senior levels, where others in the organisation take their cue: 12% of employees say that disagreements among their senior team are frequent or continual. Over the course of the average 44-year career, employees will spend nearly six months dealing with workplace conflict. It could actually be time well spent, but only if they are able to do so effectively. The report revealed that where training is more prevalent, positive outcomes from conflict are far more common. Over half (58%) of employees who have had training now look for win-win outcomes from a workplace conflict. However, the research revealed that more than half of the UK workforce (55%) has had no training in the effective management of conflict. Around a third of all employees (28%) simply allow conflict situations to continue, causing untold damage to morale and productivity.
Millions in UK Plan a Change in Careers Millions of people plan to change careers in the New Year due to the economic downturn. More than 3 million might be considering a new line of work, a survey has found. And 8% expected to swap jobs in the next 12 months, it added – working out to 3.2 million across the workforce of 40 million. One in five adults also plans to gain extra qualifications, the survey by the Association of Colleges found.
UK Economic Downturn Leads to a Rise in Part-Time Staff There has been a demand for part-time experienced staff as many firms look towards cost-effective recruitment in the economic downturn. Women like Us, a social enterprise set up to support women with children to find flexible work at their appropriate skill level, recorded a 121% increase in employer enquiries month on month earlier this year. It has also recruited for twice as many employers on a monthly basis during 2008 compared with the previous year. According to the organisation, employers are more cautious about recruitment in light of limited budgets in the economic downturn and taking on high-calibre part-time workers was a less risky strategy than employing experienced hires full-time.
Immigrant Workers Help the UK Economy Migrant workers help boost rather than harm communities, an influential think tank has said. Migrants fill skills gaps and do jobs other British workers do not want to do. Migrants tend to be more entrepreneurial and can se up new markets by establishing links to their home countries, the report says. But local economies are not reaping the full benefits because many migrants have returned home, says the Institute for Public Policy Research. More than a million migrants have come to Britain from the eight states which joined the EU in 2004 but about half have left. The full report recommends new policies to attract and retain migrants while ensuring that British workers receive adequate skills and training.
University Grades Suffer as More UK Students Work A third of students work the equivalent of more than two days a week to help pay for university, a survey has found. Nearly half took jobs to cover basic living costs and 45% said working had a bad effect on their studies. The survey by the National Union of Students showed that many students find the level of financial support inadequate.
Giving Small Firms a Big Chance of Survival A lobby group has called for the introduction of a £1 billion emergency fund to help small businesses beat the credit crunch. The Federation of Small Businesses has urged the Government to scrap their current Small Firms Loan Guarantee scheme and replace it with a new “Survival Fund” backed by money from the European Investment Bank. The group claims such a programme would act as an emergency stop-gap measure to help businesses ride out the current financial meltdown and ensure vital funds were made available to the small business community. To further ease the current pressure on small firms, the group has called for a simplified system of bidding for public sector contracts and the removal of the fee for the Supply2.gov.uk website where government contracts are advertised. They also demanded that Companies House’s powers should be increased to enable it to “name, shame and fine” large companies that didn’t pay their suppliers on time. Recent research has claimed that SMEs are owed around £30,000 by large businesses not paying promptly.
Source: Federation of Small Businesses
Women Gain in Education but Not Power, Study Finds Women still lag far behind men in top political and decision-making roles, though their access to education and health care is nearly equal. In its 2008 Global Gender Gap report, the World Economic Forum, a Swiss research organization, ranked Norway, Finland and Sweden as the countries that have the most equality of the sexes, and Saudi Arabia, Chad and Yemen as having the least. Using United Nations data, the report found that girls and women around the world had generally reached near-parity with their male peers in literacy, access to education and health and survival. But in terms of economics and politics, including relative access to executive government and corporate posts, the gap between the sexes remains large. The United States ranked 27th, above Russia (42nd), China (57th), Brazil (73rd) and India (113th). But the United States was ranked below Germany (11th), Britain (13th), France (15th), Lesotho (16th), Trinidad and Tobago (19th), South Africa (22nd), Argentina (24th) and Cuba (25th). Middle Eastern and North African countries received the lowest ratings over all. The rankings of Syria, Qatar, Bahrain and Saudi Arabia declined in 2008. The report said the inequalities in those countries were so large as to put them at an economic disadvantage. "A nation's competitiveness depends significantly on whether and how it educates and utilizes its female talent. To maximize its competitiveness and development potential, each country should strive for gender equality."
UK Parliament not Representative of UK Society The UK Parliament needs to change, according to Harriet Harman, Leader of the House of Commons and Minister for Women and Equality, in a debate in the House of Commons on a motion to establish a Speaker's Conference, which will consider and make recommendations on how to improve representation of women, disabled, and minority ethnic people in the House of Commons, so that it better reflects society. According to the Minister, UK society has changed and the House needs to change too. Women in the British Parliament are outnumbered by men four to one. Despite the ethnically diverse nature of the UK today, out of 646 members, only 15 are Black or Asian. The Minister pointed out that, to reflect the population, the country needs more than four times more Black and Asian MPs, describing the lack of 'Black and Brown faces on our green benches' as a 'democratic deficit'. Black, Asian and Minority ethnic people make up about 10% of the population - but less than 3% of MPs in the House of Commons. Ms. Harman called for a change "More than twice as many white female MPs, more than twice as many Black, Asian and minority ethnic male MPs, more than ten times as many BAME female MPs."
UK cuts 200,000 Jobs for Migrant Workers New immigration rules in the UK will reduce by 200,000 jobs for migrant workers, the Government has revealed today. The Government has published the shortage occupation list following advice from the Migration Advisory Committee (MAC). Their recommended list has been adopted in full - with the addition of social workers, who will remain on the list while further evidence is considered by the MAC. The shortage occupation list sets out those jobs for which there are not enough resident workers, and will be used as part of the skilled worker tier (Tier 2) of the Australian-style points system, which will be launched on 27th November. Tier 2 of the points system will ensure that British jobseekers get the first shot at jobs and only those foreign workers the country needs will be able to come to the UK. Recent Government work to ensure British workers are skilled and competitive means that many of the previous gaps in the labour market have been filled. As a result, today's list is tighter than ever before and will see a reduction of more than 200,000 positions in occupations with shortages that need be filled by migrant workers. The number of positions available to migrants has been reduced from one million to just under 800,000. To get in under Tier 2 skilled foreign workers must meet the following conditions. They must have English language skills; prospective earnings of more than £24,000, or slightly less if they have a decent qualification - or an offer of a job on the shortage list; enough money to support themselves for the first month of their stay. In order to bring migrant workers from outside the European Economic Area to the UK, employers will be required to get a sponsor licence.
Steep Rise in UK Staff Working from Home The number of employees working flexibly has risen sharply over the past four years, according to the latest CBI/Pertemps employment trends survey. The survey of 513 employers found that almost half (46%) now allow their employees to telework, up from 14% two years ago and 11% in 2004. The popularity of term-time working and job sharing has also increased dramatically. The survey also revealed that businesses were becoming more supportive of employees who took career breaks or sabbaticals. In 2009, another 4.5 million UK workers will be given the right to request flexible working when the current legislation extends from parents with children under the age of six up to 16.
Unemployment to rise quicker in UK than rest of Europe UK unemployment is expected to rise by about 1.5 percentage points in 2009, half a percentage point more than the predicted EU average, according to the European Commission's latest economic forecast. The report states that employment growth is expected to turn negative as a result of falling output, dropping by 1.1 percentage points. Supply of labour is also projected to increase at a slower pace, reflecting reduced immigration. Across the EU, economic growth is expected to drop from 1.4 per cent in 2008 to 0.2 per cent. It is expected to rise again in 2010 to 1.2 per cent. The report wasn't all gloomy: inflation is expected to have peaked and will fall rapidly below 2.5 per cent in 2009 and 2.25 per cent in 2010 in the EU. PM Online
New Study Reveals Cause Marketing Captures Coveted Mom Demographic The 2008 PR Week/Barkley Cause Survey reveals that philanthropic activities reward businesses' bottom lines, even in the midst of economic constraints. In particular, the survey found that moms specifically channel their purchasing decisions toward companies that support a cause. Among the 83 million American moms, 82 percent say they drive household purchasing decisions, representing over $2.1 trillion in annual spending. The survey revealed that moms demand companies use their power for good, with 85.6% saying it's important for companies to support a cause. With regard to their purchasing decisions, 58 percent say they would pay more for a brand that supports a cause, 69.2% say they would try a brand because it supports a cause, and 76.8 percent say they would recommend a brand that supports a cause. Overall, 66 percent of moms say they have purchased a brand because it supports a cause. The survey, which also interviewed CMOs, found that companies are responding to consumer demand for cause marketing. Sixty-seven percent of companies today have a cause program. In fact, 97.3 percent of CMOs say that cause is a valid business strategy.
Ready to Grow is Ready to Go A free business support programme for London-based social enterprises that are led by ethnic minorities has been launched. Backed by more than £370,000 funding from Capacitybuilders, the Ready to Grow initiative will offer a number of organisations 12 days worth of intensive, one-to-one business support, along with in-depth consultancy, training and advice, and the chance to take part in a range of workshops. Run by community investment agency Olmec, in partnership with management consultants Red Ochre, the scheme is open to organisations that are black, Asian, minority ethnic, or refugee led and with more than half of the company’s directors or trustees are from a minority background. The organizations need to be based in London and intend to trade to meet social or environmental objectives. Participants on the scheme will be expected to demonstrate strategic thinking, passion, and commitment. Urging local not-for-profit ventures to register their interest in the scheme, Uday Thakkar, managing director of Red Ochre, said that the programme is open to aspiring social entrepreneurs looking to develop their ideas, as well as to established social enterprises looking for constructive advice and support to help them scale up.
Despite Economic Crisis, Consumers Value Brands' Commitment to Social Purpose New findings from the goodpurpose(TM) global study of consumer attitudes reveal that nearly seven in 10 (68%) consumers would remain loyal to a brand during a recession if it supports a good cause, and 71% say that when they think about the economic downturn, they have either given the same or more time and money to good causes. The study was released by goodpurpose(TM), a consultancy at Edelman dedicated to connecting brands and companies with consumers around a powerful, involving social purpose idea for mutual benefit. These findings, part of the second annual goodpurpose(TM) study, convey the eye-opening yet encouraging news that recent economic events have not had a negative impact on consumers' contributions to good causes. Despite the downturn, across the globe people’s sense of commitment to helping others - and to brands and companies that share that commitment - remains strong. The survey queried 6000 consumers in 10 countries and was conducted in August, September and October by StrategyOne. Around the world, consumers voice a strong desire for marketers to connect their brands to social action. Forty-two percent say that if two products are of the same quality and price, commitment to a social purpose trumps factors like design, innovation and brand loyalty when choosing one brand over the other. Half (52%) of consumers globally are more likely to recommend a brand that supports a good cause over one that does not, and 54% would help a brand promote a product if there was a good cause behind it. Around the world, a large majority of consumers, 87%, feel it is their duty to contribute to a better society and environment; 82% feel they can personally make a difference; and 83% are willing to change their own consumption habits to help make tomorrow's world a better place; these findings are statistically on par with last year’s study. Three-quarters (76%) say they like to buy brands that make a donation to worthy causes. StrategyOne conducted 6048 interviews in 10 countries between August and October 2008. The study was an online survey of consumers, nationally representative of each of the country populations.
Small Businesses to Benefit from European Bank Loans Small businesses will benefit from up to £4 billion in loans from the European Investment Bank (EIB) over the next four years, according to the UK Chancellor of the Exchequer, Alistair Darling. Speaking at a seminar on supporting small business, the Chancellor described small firms as vital to the strength of the UK economy and that it was vital that these businesses have access to the loans and capital they need to help their businesses grow and develop. The EIB is the European Union's bank. As the UK has a 16.2 per cent shareholding in the EIB, UK small businesses should be able to benefit from around £4 billion of lending from the bank between 2008 and 2011. The EIB supports small and medium-sized enterprise investment through "SME Loans" (previously known as Global Loans), which are credit lines made available to national and regional intermediaries such as banks. They then lend on the finance as debt finance to small businesses that meet EIB criteria. Several UK institutions already take EIB loans to support their small business clients. They have now committed to discussing with the EIB the potential to draw further additional loans. Other institutions supporting small businesses that have not worked with the EIB in the past have also committed to discussing with the EIB how they can work together, and where they are commercially competitive, use EIB loans to deliver the most effective support to small businesses.
UK's Small Business Owners Work Half a Billion Hours a Year Small business entrepreneurs in the UK are chalking up more than half a billion man hours worth £1,046 billion to the UK economy every year, a study conducted for business insurer Hiscox reveals. Coined by Hiscox as the UK's 'EDP' measure – or Entrepreneurial Domestic Product – this represents every small business owner in the UK clocking up nearly 2,500 hours of work every year. Compared to an employee working a standard 37.5 hour week, small business owners work an extra 700 hours a year, or almost 2 hours every day. The significant value of the UK's EDP – where these long hours contribute a staggering 37% of UK businesses overall turnover each year - shows the enormous contribution small businesses make to the UK economy. The study shows that more than a third of small business owners put in over 50 hours a week, with 14% putting in more than 60 hours every week. Despite the long hours, running a business remains an attractive prospect, with 58% of UK small business entrepreneurs citing the desire to be their own boss as a motivating factor. The research reveals that it's not just a desire to boost their bank balance that is motivating British entrepreneurs to contribute to the country's EDP. Almost one-fifth of British small business entrepreneurs (18%) were prompted to start their own business due to redundancy while a sixth of UK entrepreneurs cited a desire to turn their back on the traditional, corporate world as a key factor in their decision to start their own business. 21% have turned their hand to running their own business, as they had a great idea that they wanted to bring to life. More than two thirds set up within a year of having that 'light-bulb moment.' A third set up out of confidence that they can make more money as their own boss.
Female Entrepreneurs Urged to Aspire To Greatness A groundbreaking new £25 million equity fund for women-led businesses has been launched. The Aspire Investment Fund – said to be the first of its kind in the UK – will offer women who own businesses or who have entrepreneurial ideas the chance to secure financial support. Half of the budget has been stumped up by the Department for Business, Enterprise and Regulatory Reform (BERR), with private sector contributions set to provide the remaining £12.5 million. The scheme will be targeted at high growth businesses seeking an investment ranging between £100,000 and £2 million in order for the venture to develop. Business Minister Shriti Vadera, who launched the Aspire Investment Fund, cited the fact that there are 20% more people in enterprise in the US than in Britain, and the majority of that gap is made up of women. Getting more women entrepreneurs is an economic issue, she said, not just an equality issue. If the UK was to match US levels of women’s enterprise, there would be 900,000 new businesses in the UK. Overall responsibility for administrating the scheme has been allocated to Capital for Enterprise Limited, BERR’s equity capital scheme managers, but funding will be accessed through the Business Link service. Applicants will be offered support and assistance from a range of professional advisors to ensure their ideas are "investment ready".
Young Entrepreneurs Award Launched An annual competition that shines the spotlight on the UK’s best young business brains has reopened to entries. The Daily Mail Enterprising Young Brits Awards 2009 offers £1,000 first prizes in five separate categories for entrepreneurs aged under 30 who have turned great business ideas into reality. Held as part of the Make Your Mark initiative, which is aiming to promote a culture of enterprise, the awards to be made include Business Entrepreneur – for the most enterprising individual who has set up their own business, no matter how large or small. Social and Community – for ventures that combine the principles of a successful business with an emphasis on providing social and environmental benefits. Teen – for the 13-19 year-old who has made entrepreneurial ideas happen. Creative – for the individuals, businesses and projects that have shown creative flair or are focused on the creative industry. Going Global – for businesses that are having success in both the UK and abroad. The closing date for entering the 2009 Awards has been set for 27 February 2009. For more information about the Awards and to find out how to enter, visit the Make Your Mark website
London Mayor Launches Tim Campbell's Social Enterprise Mayor of London Boris Johnson has officially launched a social enterprise founded by Tim Campbell, winner of hit TV series The Apprentice. The Bright Ideas Trust will offer young entrepreneurs in London the advice and financial support they need to help them set up and run their own successful businesses. Backed by a number of major investors, including £600,000 from the Bank of America, the scheme will provide 16-30 year-olds with their own business mentor, a specialist network of business support, and equity investment of up to £25,000 to get their ideas off the ground. Mr Campbell, who became Sir Alan Sugar's first Apprentice, hopes the initiative will encourage people from all backgrounds to take an interest in business and enterprise. According to the Mayor, small and medium sized businesses make up 80% of London's economy and this is a chance for people to start them up.
Archbishop Desmond Tutu Honored at US Annual Gala Dinner The American Friends of the Phelophepa Train has honoured the Most Reverend Desmond N. Tutu and his wife, Leah Nomalizo Tutu for their commitment to advancing health care for the poor in South Africa and for their patronage of the American Friends of the Phelophepa Train. Robert W. Lane, Chairman and CEO of Deere & Company and Steve Killelea, Founder & President, Global Peace Index, and Chairman & Founder Integrated Research Ltd. were also honored for their outstanding contributions to South Africa. The Phelophepa Health Train, or Train of Hope, is a mobile medical unit that crisscrosses remote areas of South Africa by rail throughout the year. It has been in continuous operation since 1994 providing primary health, dental, optometry and counseling to patients living in remote rural areas. The American Friends of the Phelophepa Train is a registered 501c3 charity and is the US-based fundraising arm for the train whose mission is to provide American individuals, foundations and corporations with opportunities to contribute.
Bridges Launches New Social Enterprise Fund Bridges Ventures, a fund management company with a social mission, chaired by Sir Ronald Cohen, has launched a new fund dedicated to investment in social enterprises. The fund, which is an initiative of the Bridges Charitable Trust, has so far raised £4.25m from investors who include Sir Ronald Cohen, Nigel Doughty, Harvey McGrath, the Apax Foundation, the Generation Foundation, Lehman Brothers Foundation Europe, Deutsche Bank and 3i. NESTA- the National Foundation for Enterprise, Science and the Arts- is a partner in the venture, which is to be called the Bridges Social Entrepreneurs Fund. The new fund will work closely with UnLtd, the Foundation for Social Entrepreneurs, to ensure that the social entrepreneurs seeking funding are investment ready.
UK Jobs Boom was 'Fuelled by Public Sector' According to research undertaken by the Financial Times, two out of three jobs created since 1998 have been in parts of the economy dominated by the public sector. The dominance of the public sector has been so pronounced that in some areas, such as the west and east Midlands, the number of people employed in the private sector actually fell between 1998 and 2006. The FT's findings, based on unpublished official figures, show that the private sector has been less dynamic than thought, suggesting that it may be worse equipped to weather the recession than ministers had hoped. That may raise fears of rising unemployment, especially since the most dynamic private sector areas of financial and business services have started to shed employees. The Office for National Statistics (ONS) collects data on public sector employment in three surveys-the Labour Force Survey, the Annual Business Inquiry and the Public Sector Employment survey- with each dataset giving a different picture of each sector's growth. The ONS's preferred measure of public sector employment shows the lowest growth rate but its method excludes workers such as general practitioners, agency supply teachers in state schools and university lecturers, whose salaries are usually entirely funded by taxpayers. The official figures suggest that the increase in public sector workers since 1998 has been 600,000, but when employees are asked to classify themselves, the increase goes up to 900,000.
London and the South East Will Bear the brunt of Job Losses The Local Government Association (LGA) has warned that workers in London and the south-east are likely to be the worst hit by the recession, with one in 12 jobs being cut in the next 18 months. The LGA report, which was compiled by Pacec, says that the capital is expected to be worst hit because of its dependence on the financial sector, where banks are expected to shed tens of thousands more jobs. Many construction firms, already hard hit by the housing downturn, are also based in and around London. Manufacturing districts in the North and the west Midlands, such as Hull, Bradford, Coventry and Birmingham, are also likely to be badly hit. However, some areas in the south-west and East Anglia, with big farming communities, will fare much better in relative terms, with only one in 30 posts projected to go by 2010. There was also a glimmer of hope for those living in the M4 corridor, Stoke-on-Trent and the areas around Newcastle, where roughly one in 20 posts would be lost. Pacec analysed data from the previous two recessions and the growth performance of areas in the past two years, which it said is critical in predicting job losses. It also looked at the breakdown of the commercial, public and industrial sector in each region to see which posts were most vulnerable. Although it argues that it is impossible to predict the impact of the recession on job sectors alone it does claim that anyone employed in business services, defence and public administration or the transport and service sectors may also be protected, with some job increases even being predicted.
Millions Retraining to Survive Economic Downturn The Association of Colleges say that research they have commissioned from YouGov shows that millions of adults are going back to college to retrain in an effort to survive the credit crunch. Those made redundant or who fear for the future of their jobs are at the forefront of the drive to upgrade skills. A fifth of adults intend to gain further qualifications in the coming year and a third of those want to do because of the economic downturn. Some colleges already report increased enrolments.
French Look to Domestic Sector for Job Creation The French government has announced that it is banking on the €15bn domestic sector in the fight against unemployment. Laureant Wauquiez, the employment minister, speaking at the opening of a trade fairing Paris said that fiscal incentives would help 130,000 people to find work as cleaners, gardeners, nannies, home-helps and other similar services - a third of all jobs created this year. Domestic services firms such as Axeo (part of Lyonniase des Eaux France) and O2 provide domestic employees ranging from DIY experts to cooks available to families, who can deduct the costs from their taxes.
Black History and Cultural Studies Courses to Start in London From January 2009, Black History Studies will be running a series of long and short term courses in North and South London. Amongst other topics, the courses will cover the Introduction to the study of Black History, Politics, Sociology, Psychology, Science, Art and Religion. The 30 week course – Introduction to Black Studies – will analyse all the major areas of the Black Experience – the History, the Politics, the Psychology, the Science & Technology, the Arts, and finally, the Religion. All of the information is selected to be of relevance and interest to the Black Community. The information itself is designed to inspire, challenge, and to provoke serious thought. The course is a highly accessible 30 week programme but it is also rigorous and content laden. It assumes no prior knowledge of the subject areas, but the adult student is taken through an avalanche of information. Reading lists and course materials are provided.
Gender Disparity is Smallest in UK Public and Charity Sectors The biggest gender pay gap is in the consulting sector, according to a new piece of research. Men working as consultants earn, on average, 35 per cent more than women in the same roles, the survey from executive jobs website Experteer showed. The second most gender-biased sectors are finance and IT, where men are paid 20 per cent more than their female peers. The survey of 2,400 people earning more than £50,000 also showed that the retail sector has a lower level of pay inequality – a gap of 11 per cent. But the sectors showing the most pay equality are the public and charity sectors, where the gap is 6 per cent. Stricter equalities and human rights policy with the public and charity sectors are thought to help minimise the pay gap. Source: PM Online
Entries open for 2009 UK Enterprise Awards Entries are now open for the 2009 UK Enterprise Awards - aimed at individuals and organisations that provide support to entrepreneurs and small businesses. The Awards will be presented on Thursday 16th April 2009. In a year which has proved particularly challenging, the role of the advisers, coaches, mentors and others who encourage and support small businesses has never been more critical, according to SFEDI, the small business watchdog and standards setting body. It hosts the Awards on behalf of its Advisory Board of which most of the key small business associations and organisations in the UK are members. The awards showcase the individuals, organisations, products and services which have done most to help start ups, the self-employed and small business owners during 2008. Categories include awards for professional advisers, such as accountants, through to volunteer business mentors. There is also an award for the business owner or entrepreneur who has done most to support other small and home business owners.
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News from the UK and around the world
90% of Working Mothers Consider Themselves Good Role models The majority of mothers feel no guilt about leaving their children to go out to work and believe their working life has improved since having children, according to a new survey. More than 90% of full-time working mothers say they are a good role model for their children and more than half say they are happy to combine parenthood with a career, according to research by Mumsnet.com, the UK's biggest online parenting network. The survey of more than 1,500 working mothers also found women believe they work more efficiently after having children. They add that they do not feel discriminated against, with the majority believing their employment and promotion opportunities were just as bright as before they had children. According to the survey, more than 80% of working mothers work to provide income without which, they say, their family could not survive. More than three-quarters of respondents felt they worked more efficiently at work than before they had children. Almost 60% felt their colleagues did not resent them for taking time off for children's events or emergencies. However, more than 70% of working mothers said they had no time for themselves and almost 90% said they spent little time alone with their partner. Most women think that working is good for them and their families. 'The overwhelming sensation for most working mothers is more likely to be exhaustion than guilt,' said Justine Roberts, co-founder of Mumsnet. 'It's more a question of them being stretched to their absolute limit because they're still being left to do most of the heavy lifting on the home front. 'The culture that needs to change now is that being played out in most domestic spheres,' she said. 'Employers might be more aware of treating working mothers fairly, but back at home it's still the women who are coming home after doing a full-time job and taking responsibility for the substantive side of bringing up their child by arranging playdates, organising birthday parties and supervising homework.' Clinton Global Initiative Announces Economic Opportunity for Adolescent Girls in Liberia Former President Bill Clinton has announced the Adolescent Girls Initiative, an innovative public-private partnership between the Clinton Global Initiative, World Bank, the country of Liberia and the Nike Foundation. This significant Commitment and collaboration, launched at the World Bank in October, aims to increase economic opportunities for adolescent girls as part of the effort to reconstruct Liberia after 14 years of war. The program targets girls specifically because of the girl effect – the ability of adolescent girls in developing countries to bring unprecedented economic and social change to their families, communities and countries. For example, research has shown that girls and women will reinvest 90% of their income back into their families, as compared to 35-40% for males. Because girls are central to the intergenerational transfer of wealth the collaboration intends to focus on programs and services designed specifically for them. The Adolescent Girls Initiative will identify employment needs in Liberia, and provide relevant skills training to adolescent girls, matched to paying jobs. The training offered to girls aged between 16 and 24 will focus on technical skills, as well as the integration of life-skills training to address some of the crucial barriers to the development of adolescent girls' economic independence. Employment in high-growth and high-need sectors, such as agriculture, entrepreneurship, emerging industries, urban services, infrastructure, public works and health care, is a major focus. Initially designed to reach 1,500 adolescent girls and young women, the partners aim to see the work brought to scale in Liberia and replicated in other developing countries. The Liberia investment is the first step in an initiative to see high-leverage investments in adolescent girls replicated in other countries with additional donor governments, foundations and private-sector partners. Swiss Re and Oxfam America Launch Joint Risk Management Initiative for Farmers in Tigray, Ethiopia Swiss Re and Oxfam America have announced collaboration aimed at helping communities most vulnerable to climate variability and change. The project focuses on an innovative pilot project to introduce weather insurance for a staple cereal crop in the village of Adi Ha, Tigray Regional State, Ethiopia. Drought-related risks are a primary concern throughout Ethiopia where 85% of the population is dependent on smallholder, rain-fed agriculture. Adi Ha is a drought-prone community that has expressed strong interest in incorporating insurance into its risk management strategy. The pilot will adopt a holistic approach to risk management, examining the suitability of weather insurance and risk reduction measures such as seasonal forecasting and improved agricultural practices. All efforts will be undertaken in close collaboration with the local farming community with the overall objective of alleviating poverty. The efforts will be funded by Swiss Re and Oxfam America, with primary technical support being provided by the International Research Institute for Climate and Society at Columbia University. Swiss Re has pioneered weather risk transfer instruments in developing countries, starting in India in 2004 with a program reaching over 350,000 smallholder farmers. In 2007, Swiss Re introduced the Climate Adaptation Development Programme (CADP). The goal of the CADP partnership is to develop and implement weather risk transfer solutions in non-OECD countries. Female Workers to Dominate the Workplace by 2033 Latest research by Microsoft reveals that the next 25 years will see a shift towards more female-oriented skills in the workplace like collaboration, flexibility and creativity. Coupled with the increase in mobile technologies, more workers will determine their own work schedules. UK Businesses determined to survive despite Economic Turmoil Despite 12 months of economic turmoil, the latest UK Enterprise Survey Report shows that UK companies are determined to survive, and remain optimistic about the future. The survey, released by the Institute of Chartered Accountants in England and Wales (ICAEW), paints a detailed picture of how UK businesses of all sizes, in all regions and all sectors – as well as their counterparts across the globe – have felt the impact of the more than a year-long credit crunch before the last few weeks of extreme economic turbulence in the international financial services sector. It shows that whilst nearly two-thirds (65%) of UK businesses confirm the credit crunch has had a negative effect on their organisation, 83% say that business growth is still one of their main objectives. Their growth plans are, in fact, quite similar to those before the credit crunch hit (average annual growth target this year is 12.4% amongst businesses planning to grow compared with 13.4% last year). Micro and small businesses lead the growth in the UK economy, and the number of micro businesses planning growth of over 6% per year is even higher this year than in 2007. Medium and small sized businesses have slightly less ambitious growth plans, however, as do start-ups. Whilst the survey shows that the credit crunch has made it harder for businesses to plan (72%) as well as creating increased short (64%) and long-term (53%) borrowing costs, there are positive outcomes to the economic turbulence. Just over half of UK businesses (51%) see some benefit in weakened competitors and nearly one-third (32%) say it has increased their opportunities for business acquisitions. Corporate Diversity in the US Boardroom According to University of Michigan professor Scott E. Page, when people in Congress, a corporate boardroom, or virtually anywhere else are faced with solving a problem or making a prediction, a diverse group is more likely to yield a superior outcome. Using mathematical models similar to those used to predict the movements of financial markets and voting patterns, Page demonstrates how difference beats out homogeneity. Corporate America continues to struggle with the topic of race. The vast majority of the nation's publicly traded companies continue to be led by a rather homogenous group of graying white men. At the country's 100 largest corporations, African American's occupy only 9% of the board slots, yet they represent nearly 13% of the U.S. population and nearly 12% of the labor force. Black board representation is about the same as it was two years ago and might even be trending slightly downward, according to officials at The Executive Leadership Council, a nonprofit organization of black executives devoted to broadening black leadership. Women and all minorities represented just 14.8% of the top 500 company board seats in 2007, essentially the same percentage as in 2005, according to researcher Catalyst Inc. Many argue that boards miss opportunities by not taking advantage of a black board member's understanding of the advantages that diversity offers, including new suppliers, underutilized financial and legal services, and a reservoir of untapped talent. London Universities Feature in World's Top 10 London universities have risen in world rankings of higher education institutions this year, despite Britain's slide in the league. The English capital has two universities among the world's top 10: Imperial College and University College London, according to the rankings compiled by the Times Higher Education magazine. 30% of UK Girls Want to Be Model or Actress One in three teenage girls wants to grow up to be a model or a movie star. If they can't be Kate Moss, they'd like to be an actress according to a poll of 13 to 18 year olds. The youngsters were asked to pick three options from a list of jobs for a careers survey. Lawyer, journalist, doctor and hairdresser also figured high on the list. But only 14% wanted to be a scientist, just 2% more than those who ticked housewife. And just 4% fancied being an engineer. The survey of 506 girls was conducted for Noise – New Outlooks in Science and Engineering, a national campaign to raise awareness of science among young people. But the findings reveal that girls find the subject geeky, untrendy and boring. They rarely read about it in the magazines they buy. And a fifth said it ‘did not sound glamorous' and was more suitable for boys. Around a third said they were put off science careers because they did not know enough about them. More UK Women at Work than ever, but half are Part-time A record number of women are in work in the UK, but half are in part-time jobs, official figures reveal. There are now approximately 13.6 million posts filled by women, with a similar amount held by men. However, one in two women's jobs are part-time, compared with one in six for men. And men still boast a higher employment rate of 79% compared with 70% for women. The report from the Office of National Statistics is the latest update on the Focus on Gender study, which started in the 1970's. The findings, which update the study for the first time in more than three years, confirm that having children impacts greatly on women's employment choices. 38% of women with dependent children worked part-time, compared with only 4% of men with dependent children.
Funding Fills In Gaps for Trainee Dentists Dental training services in both England and Scotland have received a multi-million funding boost. The Department of Health has pledged £11 million towards upgrading IT systems at dental hospitals across England, whilst the new £21 million Aberdeen Dental School has been officially opened. Up to £11 million funding is being made available for ten dental trusts in England to fund new IT systems that will support the training of dental students. The funding will train students to use the clinical computer programmes that they will work with once they are qualified, such as patient administration systems software, clinical dental systems, and resource management. The ten trusts set to share the funding include: King's College Hospital NHS Trust; South Birmingham Primary Care Trust; and University College London Hospitals NHS Foundation Trust. Dental training in Scotland is also set for a boost following the official opening of the £21 million University of Aberdeen Dental School. Funded by the Scottish Government and NHS Grampian, the state-of-the-art complex is set to train 20 fully-qualified dentists per year. The school contains facilities for radiography, restorative dentistry, consultant orthodontics, dental laboratories, student laboratories and office accommodation. MicroPlace Launches Women's Investment to Commemorate World Poverty Microplace.com, an online brokerage specializing in socially responsible investments that address poverty, has announced a new female-focused microfinance investment opportunity. The Women's Empowerment investment, directing loans largely towards female borrowers, was launched to mark the International Day for the Eradication of Poverty, on October 17, a United Nations' sanctioned day committed to presenting and promoting activities centred on the eradication of poverty and destitution. Over 1.2 billion of the world's working poor subsist on less than $1 a day, and 60 percent of them are women. About 84 percent of all microfinance borrowers are women, says the organization, and women have historically shown to be more likely to use their profits to reinvest in family and household. They also tend to take fewer risks with their business and are more careful to repay their loans. The new Women's Empowerment opportunity is comprised of investments on MicroPlace.com that are specifically focused on women and have a borrower base of at least 70 percent women. The Women's Empowerment opportunity offers a 3 percent return. It is widely estimated that women make up the majority of the world's poor, and seven out of 10 of the world's hungry are women and girls.4 Yet when women are afforded the opportunity to work and contribute to the economy, they have tremendous impact. The Economist estimates that over the past decade, women's work has contributed more to global growth than China. UK unveils ID cards for Foreigners Compulsory identity cards for foreign nationals will kick start the National Identity Scheme, with the first applicants now having to apply for cards. It will cost £30. Within three years all foreign nationals applying for leave to enter or remain in the UK will be required to have a card, with around 90 per cent of foreign nationals in Britain covered by the scheme by 2014/15. The new credit-card sized document will show the holder's photograph, name, date of birth, nationality and immigration status. A secure electronic chip will also hold their biometric details, including fingerprints, and a digital facial image. The UK Border Agency plans to start issuing the cards to categories of immigrants believed to want to abuse the country's immigration system, including students and people seeking leave to remain on the basis of marriage. The introduction of the first card supports the Government's tough new Australian-style Points Based System for managed migration. Businesses found employing illegal workers face fines of up to £10,000 per person. The introduction of cards for foreign nationals will be followed by the first ID cards for British citizens, targeting workers in sensitive roles and locations like airports from 2009. Then from 2010 ID cards will be available to young people who want them and from 2011/12 cards will be available to the general population. The Government believes that the introduction of ID cards will provide a convenient and secure means to protect identity by locking it to one person using their fingerprints. Shortage Occupation lists for UK & Scotland published The UK Migration Advisory Committee (MAC), has published the new recommended lists of occupations for which there is a shortage of skilled workers in the UK and Scotland. Shortage occupation lists will be used in Tier 2 of the new Points Based System which relates to immigration of skilled workers from outside the European Economic Area (EEA). Under Tier 2, as well having as a certificate of sponsorship from a sponsored employer and satisfying English language and maintenance requirements, migrants have to satisfy points criteria based on their expected contribution to the UK economy. Under the shortage occupation route, employers who are licensed sponsors can bring in migrant workers from outside the EEA to fill vacancies in those occupations. It might be difficult for employers whose jobs are not in this list to bring foreign workers in the UK in the future. MAC's report contains two recommended shortage occupation lists, one for the UK and one just for Scotland. These consist of skilled occupations and job titles that the Committee has assessed as being both skilled and in shortage and where it has concluded that it is sensible to fill these shortages, at least in the short term, through immigration. The full recommended UK list includes: consultants and senior nurses in particular healthcare specialisms; some engineering occupations, including civil and chemical engineers; quantity surveyors and project managers for property development and construction; secondary school teachers in the subjects of maths and science; skilled chefs; skilled senior care workers; ship and hovercraft officers; and some animal care occupations, including veterinary surgeons. This strict list means 30 per cent fewer jobs are available to migrants via the shortage occupation route. The occupations on the recommended list account for approximately 700,000 employees.
Netherlands renews support for IOM's temporary return of qualified Migrants' project The Dutch Government has granted IOM The Hague new financial support for the Temporary Return of Qualified Nationals (TRQN) project. The successful TRQN project, which ran as a pilot for the past two years, will have a three-year duration and will last until June 2011. The target countries of TRQN II include Sierra Leone, Sudan, Afghanistan, and Bosnia Herzegovina. TRQN is a response to the Dutch policy on Migration & Development which shows an increased need for an integrated and coherent approach. Engaging Diasporas for capacity building in countries of origin is a key component of the M&D policy. The TRQN II project contributes to the development and reconstruction of a number of selected countries by facilitating the temporary return of qualified nationals residing in the Netherlands. IOM's TRQN project makes the required skills available by creating possibilities for qualified nationals in the Netherlands to fulfill temporary assignments. The project's focus is on capacity building in sectors and areas identified by the target countries. IOM in the Netherlands is the coordinating mission and will closely cooperate with the IOM field offices and with government stakeholders in the target countries.
Making A CHANGE Can Reap Rewards Young people who have made a positive impact on their local communities are urged to enter a UK-wide competition. Now in its second year, the annual CHANGEit Awards look to recognise the inspiring young campaigners who come up with innovative ways to change society for the better and can offer winners a £750 cash prize. Run by leadership development group Common Purpose in partnership with Deutsche Bank, the awards aim to acknowledge the 11-18 year-olds who are a force for good. The CHANGEit awards highlight and remind people of the valuable role that young people have in our society. The contest is open to bids in three categories: Performance Award - for young people who have taken action on issues they care about and taken part in campaigns to create positive change in their community. Innovation Award – a helping hand for young people to get their campaigning ideas off the ground. Photo Award - for young people who have captured images of "campaigning in action" that have been started or helped by other young people. Overall winners in the Performance and Innovation categories will each receive £750, with a number of finalists also scooping a £250 consolation prize. Winners in the Photo Award section will receive a £250 prize and have their photographs exhibited at a number of CHANGEit events. Applications are made online, and all entries must be endorsed by an adult who is not a family member of any of the applicants, for example, a youth leader or teacher. The deadline for entering is 12 January 2009. The prizes will be announced in May. For more information about the competition and to enter online, visit the CHANGEit website Women and Minorities Make Gains in US Boardrooms but Lag in the Executive Suite A survey, tracking diversity initiatives at the 636 US companies that make up the Calvert Social Index, reveals that 83% of leading companies have at least one woman or minority on their boards, but only 38% have a woman or minority among their five highest paid executives. That disconnect is one of the many important findings highlighted in "Examining the Cracks in the Ceiling: A Survey of Corporate Diversity Practices in the Calvert Social Index(R)." The survey shows significant progress and continuing challenges for women and minorities in corporate America. The organization points out that although board diversity trends are encouraging, future board members are often selected from top management, a group which is still overwhelmingly white and male. The survey revealed that almost all companies target diversity but few have met the strictest standards. Only nine companies within the survey showed no public commitment to diversity, but only 3% demonstrated diversity excellence. To manage diversity, companies have to be able to measure it. Still, only 7% of companies surveyed provide the detailed demographic data required for full EEO-1 disclosure, making it difficult to assess progress for women and minority employees. The report also showed that performance varies by sector. On average, companies in the technology sector performed the best, closely followed by companies in the consumer cyclical sector. Companies in the energy sector lagged. The survey measured progress in 10 critical areas including EEO policy, internal diversity initiatives, external diversity initiatives, scope of diversity initiatives, family-friendly benefits, EEO-1 disclosure, highest paid executives, board diversity, director selection criteria and overall corporate commitment. Calvert is a diversified investment management firm and a known leader in Sustainable and Responsible Investing (SRI). IFC and Bank of Scotland Host Summit to Promote Access to Finance IFC, a member of the World Bank Group, and the Bank of Scotland, part of the HBOS Group, hosted a global summit to discuss innovative ways to increase access to finance for women entrepreneurs. The 8th Summit of Global Banking Alliance for Women, held in London in October, was an opportunity for member banks operating in developed and emerging markets to share experiences and lessons learned in accessing the women's market profitably As Secretariat for the Global Banking Alliance for Women since 2005, IFC has been promoting the alliance in emerging markets to better support women entrepreneurs in developing economies. This year, the summit welcomed an increased number of participants from emerging markets. The event presented discussions around four key topics: integrating women entrepreneurs in the bank's strategy, educating women clients to help them achieve their business goals, identifying opportunities for the women's market, and the future direction of the alliance. Since 2005, the overall membership of the Global Banking Alliance has grown from four to 18, five of which are from emerging markets, including Egypt, Malawi, Nigeria, South Africa, Tanzania, and Uganda. The Global Banking Alliance for Women is a consortium of financial institutions that have successfully leveraged the women's market for profit. GBA members collaborate on identifying and sharing global best practices in the delivery of financial services to women. Its aim is to create a global community where financial institutions can come together and share best practices for the growth of women's economic empowerment worldwide. Campbell Ranked 2nd on List of Top 50 Companies In a recent survey of U.S. consumers conducted by the Reputation Institute and the Boston College Center for Corporate Citizenship, Campbell Soup Company placed second behind Google on the CSRI 50, a list of the most socially responsible companies in the U.S. Reputation Institute has been measuring corporate reputations rigorously since 1999. The ranking was created using data principally collected for Reputation Institute's 2008 Global Pulse Study. In creating the CSRI, the researchers used a subset of survey results that focused on more than 200 companies with a dominant presence in the United States and believed to have a reasonably high recognition factor with the general public. The data used focused on the public's perception about a company's corporate citizenship, governance and workplace practices. Long active in the communities where it operates, Campbell recently outlined plans to contribute $10 million to Camden's neighborhood revitalization efforts, job training initiatives and projects designed to benefit youth, such as after-school and summer programs in its hometown, Camden, N.J. Campbell recently published its 2008 corporate social responsibility report, entitled "Nourishing People's Lives," which describes the company's strategies, policies, programs and initiatives to bolster its commitment to corporate social responsibility, including environmental sustainability. Survey of US Nonprofit Employers Shows Half Find Encore Workers Highly Appealing Are non-profit employers interested in hiring employees who have finished their midlife careers? Between 5.3 and 8.4 million Americans have already launched encore careers, jobs that combine personal meaning, social impact, and continued income. Of those workers ages 44-70 not already in encore careers, half are interested in them, specifically jobs in education, health care and the nonprofit sector. What makes nonprofits more eager - or less - to give encore workers a try? A national survey by MetLife Foundation and Civic Ventures finds that half of nonprofit employers actually see encore workers as highly appealing, with an additional 39 percent finding them moderately appealing. In addition, the survey finds that nonprofits with experience hiring late-career or recently retired workers are the most positive about hiring more. Tapping Encore Talent: A MetLife Foundation/Civic Ventures Survey of Nonprofit Employers is based on a nationwide, telephone survey of 427 nonprofit employers in the fields of social services, health care/health services, education/youth development (not including schools), the environment, community agencies, crisis intervention agencies, and other causes. Recent reports show that the nonprofit sector is growing faster than business or government and facing talent shortages. According to the Urban Institute's Nonprofit Almanac 2008, there are at least 1.4 million nonprofits in the U.S., accounting for 10 percent of U.S. employment. Visit www.Encore.org for stories of people currently in encore careers. Interest in Innovative Tools for Poverty Alleviation Grows Light Years IP, a non-profit organization specializing in export business strategies with intellectual property (IP) elements for developing countries, is seeing unprecedented interest levels in using IP tool such as trademarks, licensing, copyrights, patents and branding, as a way to increase the export income of some of the world's poorest communities. As a result, Light Years IP is stepping up its public outreach to provide more information on the options available. This concept is at odds with a long-standing perception of IP as being about enforcement and control of assets by multinational corporations to the detriment of African's wellbeing. An introduction to IP concepts and how IP strategies can alleviate poverty using real examples of goods from 14 sub-Saharan African countries with IP potential was released in June 2008 by Light Years IP. It can be downloaded from www.lightyearsip.net/scopingstudy. Light Years IP, a Washington DC non- profit organization that is alleviating poverty for millions by increasing export income and improving income security by assisting low-income export producers to improve their negotiating position through using far-reaching IP-based business strategies. Global Unemployment could Increase by 20 million, says UN The number of unemployed people around the world could reach 210 million by the end of next year, according to the head of a UN agency. Juan Somavia, director-general of the International Labour Office, said that the automotive, construction, finance, housing, service and tourism sectors were expected to be hit the hardest. The estimates are based on expected global growth figures from the International Monetary Fund. The IMF's October World Economic Outlook predicted global growth of 3.2 per cent for 2009, compared with 4.6 per cent for 2008 and 5.6 per cent for 2006. Recent figures from the Office of National Statistics revealed that UK unemployment has reached 1.79 million, the biggest increase for 17 years.
Gap between Rich and Poor in UK ‘Narrows' The gap between rich and poor has decreased since 2000 according to an international survey produced by the OECD. Describing the decline in inequality as "remarkable" the report says that the UK still has one of the highest levels of income inequality in the developed world. The report, which covers the period up to 2005, found the wealth gap widened in the UK- as it did in most developed countries- between the mid-1980s and the mid-1990s. In the UK, the gap between higher and lower incomes widened by 15 per cent but since 2000, measures of poverty and income inequality have fallen, narrowing the wage gap. Ark Pearson, who wrote the report, said that the reduction in the UK wage gap was the largest fall in all developed countries. The main reasons behind fewer people living in poverty include higher employment, particularly among the low-skilled and mothers- and the redistribution of wealth. However he warned that the recession could halt the progress. Number of Home-based Businesses on the Rise A new study claims that the credit crunch has spurred thousands of people to launch a business from their spare room. The Home Business Report, compiled by BT and Enterprise Nation, a website helping people working from home, found that the number of home-based businesses rose by 16 per cent over the last year to account for 53 per cent of the 4.7m small and medium-sized businesses in the UK. The greatest concentration is in London and the South East. Jobs in the City Become Hard to Find The number of job vacancies in the City of London fell by more than 40% in September compared with the same month a year ago, according to Morgan McKinley, the financial recruitment specialists. The decline coincided with a 42% rise in the number of financial services workers looking for a job in September following "the recent collapse of several major financial institutions". The gulf between the jobs available and those looking for work has begun to affect City salaries, which on average were three per cent lower at £49,893 compared to a year ago. Another report by the Centre for Economics and Business Research predicts that employment in financial services will fall by 28,000 this year with a further 34,000 to go in 2009. The worst hit will be corporate finance, which is set to lose half of its 15,000 employees because of the slump in mergers and acquisitions. Derivatives will also be hard hit, with 46 per cent of employees losing their jobs. The City hits its peak in2007 when there were 353,000 jobs but CEBR thinks the chances of a quick bounce back are slim predicting that a rise from 291,000 in 2009 to only 308,000 in 2012. Lack of Confidence is a Barrier to Work in UK A new study carried out by Working Links looks at the barriers facing the long-term unemployed in getting a job. It says that despite investment in schemes to help them get a job, the main problem is lack of confidence. The majority of respondents say that they require more assistance with acquiring new skills and "confidence coaching", while 55% wanted changes in the financial support provided for the transition into employment. It also found that poor physical and mental health were problems for 52%. Those interviewed had "universally negative" experiences of job centres. UK State Schools Failing to find Governors Research undertaken by Bath University on behalf of Business in the Community (BitC) shows that state schools are short of 40,000 governors. The report's key recommendations are to make the job easier to manage and to give head teachers greater power over running of their schools- and urge employers to give staff more paid time off to carry out governing duties. The current framework for governing bodies was introduced by the Conservatives in the late 1980s as a means of increasing "parent power". The Bath University report argues that the "historic model" for school governing bodies with teacher staff and parental representation may not have the necessary skill sets to perform their functions effectively, e.g. finance, property management and human resource management. Governors recruited from the world of business could help bring a sense of helpful critical detachment, away from day-to-day school matters. L'Oreal Sponsors the first Law and Business Ethics Masters Degree L'Oreal has sponsored the first class of the Law and Business Ethics Masters degree, organized by the University of Cergy-Pontoise. This is the first degree of its kind in Europe and comes in addition to L'Oreal's support of the Law and Business Chair. L'Oreal hopes in this way to make a concrete contribution to the development of business ethics in Europe. L'Oreal wishes to participate in making ethics an integral part of all corporate functions and contribute to the development of a European school of thought on ethics. At the same time, L'Oreal supports the development of the Law and Business Ethics Chair, created in July 2007, and which aims to encourage corporate responsibility. Feminist Press and IBM Launch New Social Networking Site to Increase the Numbers of Young Women in Science The Women Writing Science project, a multi-faceted initiative to involve young women in science and to encourage them to pursue careers in science, technology, engineering and math (STEM), has announced the launch of the website Underthemicroscope.com. Sponsored by and developed with IBM, Underthemicroscope.com offers a wealth of continually updated information, including input from visitors to the web site. Currently the site provides the opportunity to post personal stories, feature and guest blogging, news about science, and links to related resources. Within the year the site will include more social networking opportunities, tips on careers, tips for parents, expanded links to science-related sites, and mentoring. Ultimately the site will provide information about internships and scholarships as well as serialized chapters of Women Writing Science publications that can be downloaded free of charge and an online book club. Initiated by The Feminist Press at The City University of New York with support from the National Science Foundation (NSF), Women Writing Science will publish books of biography, fiction, history, career profiles, and how-to-survive guides presenting women as both scientists and as writers about science. Women Writing Science will also provide free teacher guides describing lesson plans and strategies for using the books in science curricula. IBM is supporting Underthemicroscope.com as part of its efforts to encourage more young people to pursue careers in science, technology, engineering and math. Majority of Employers Plan to Cut Christmas Recent research suggests that the majority of employers are planning to cancel Christmas. The research, from employment lawyer Peninsula, found that 83% of employers will not shell out on a Christmas party as staff want to save money due to the downturn, while 74% could not see the benefit of a Christmas party and 66% of employers had received harassment claims from workers following their Christmas party. According to the company, the economic downturn has forced a lot of companies to cull their Christmas celebrations. With the economic conditions the way they are, firms just cannot warrant spending money on a Christmas party. These events represent a considerable cost to any firm, whether they employ five people or 50, and many employers consider this another process in tightening their belt and making their company more cost efficient. Firms who have been forced to make people redundant may also consider spending money on a Christmas party inappropriate, as well as detrimental to the streamlining plan they are implementing in their business. UK Employees Unconvinced their Bosses can Deal with the Downturn According to research conducted by the Aziz Corporation, employees are becoming increasingly concerned over their bosses' ability to cope with the current economic climate. 200 employees (ranging from people involved in admin positions to senior management) were surveyed, and 81% believe that their boss have little or no experience of dealing with an economic downturn. They feel that the economy has been booming for so long, that senior members of an organisation have never experienced an economic slowdown. Almost three quarters of the people surveyed (74%) believe that many companies are reluctant to communicate to their employees the full extent of the financial downturn they are facing. Interestingly, 88% feel that companies will gain their employees trust and confidence by disclosing bad news in full, and as early as possible. Net Impact Releases 2008 Business as UNusual: The Net Impact Student Guide to Graduate Business Programs Net Impact, an international nonprofit organization with over 10,000 students and professional members dedicated to improving the world through business, has released its third annual edition of Business as UNusual: The Net Impact Student Guide to Graduate Business Programs. This guide is the first to document the student perspective on how graduate programs incorporate social and environmental themes into the curriculum, extra-curricular activities and career services. In addition to the individual school profiles, the guide provides school rankings in 13 categories including the overall preparation of students in ethical and socially responsible leadership, career resources that incorporate values and business skills, and the administrative support for Net Impact-related themes. Business as UNusual was created in 2006 in response to inquiries from students applying to business school with a strong interest in social and environmental themes. Developed with this goal in mind, the guide compares data on different graduate schools and their incorporation of these themes into their programs. The information in the guide was compiled from a qualitative survey completed by 64 Net Impact student chapter leaders and an online survey completed by over 1,500 Net Impact student members. The guide also highlights school stand-outs and overall trends. The guide can be downloaded for free at: www.netimpact.org/bizschoolguide Giving Small Firms a Big Chance of Survival A lobby group has called for the introduction of a £1 billion emergency fund to help small businesses beat the credit crunch. The Federation of Small Businesses has urged the Government to scrap their current Small Firms Loan Guarantee scheme and replace it with a new "Survival Fund" backed by money from the European Investment Bank. The group claims such a programme would act as an emergency stop-gap measure to help businesses ride out the current financial meltdown and ensure vital funds were made available to the small business community. To further ease the current pressure on small firms, the group has called for a simplified system of bidding for public sector contracts and the removal of the fee for the Supply2.gov.uk website where government contracts are advertised. They also demanded that Companies House's powers should be increased to enable it to "name, shame and fine" large companies that didn't pay their suppliers on time. Recent research has claimed that SMEs are owed around £30,000 by large businesses not paying promptly. Source: Federation of Small Businesses, 23/10/2008 UK announces Tough Rules for Foreign Students Home Office has announced the delivery plan for the student tier of the Australian-style points system. Under the new system which will be rolled out from March next year, colleges and universities interested in admitting non European Economic Area (EEA) nationals must have a licence issued by the UK Border Agency. Licensed institutions can then sponsor non EEA students to come to study in the UK. Apart from being sponsored by a UK Border Agency-licensed education institution, foreign students will also be required to supply their fingerprints and meet the new criteria. The system will be further tightened from autumn 2009, with the introduction of a 'sponsor management system' - dedicated technology that will make it easier for universities and colleges to inform the UK Border Agency if students fail to enrol or miss more than ten sessions. Home Office said that since 1st January 2005, almost 300 bogus colleges have been removed from the Department for Universities and Skills Register of Education and Training Providers. Britain's labour market, Home Office said, will be protected by tough new rules which mean visas will only be granted to students who show a proven track record in education and are applying for a course that meets a minimum level of qualification. Students must also be able to demonstrate they can financially support themselves and any of their dependants. "Study in Europe" website aims at increasing number of foreign students As a way of attracting many foreign students to come study in Europe, the European Commission has launched a new web portal called "Study in Europe". The portal, at www.study-in-europe.org, is part of the Commission's wide-ranging campaign to increase the number of students from outside Europe who study in the EU. "Study in Europe" provides clear and up-to-date information about the range of courses on offer in European higher education institutions, admission procedures, costs, scholarships and the higher education environment in Europe. The website provides potential students information to help them decide which country they should go to, which university they should choose, what they may need before they leave home and what will happen when they arrive at their chosen campus. "Study in Europe" covers thirty-two European countries, their universities and what it takes to live and study in them. The website (www.study-in-europe.org) provides information in English, French, Portuguese, Spanish, Arabic, Chinese and Russian. The following countries are currently covered: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey and the United Kingdom.
Temporary workers obtain New rights in EU Temporary workers in the European Union will be treated equally, from day one, with those of the employer company under a new Directive on temporary agency work adopted by the European Parliament on 22nd October. However, following agreement reached in May this year between the social partners in the UK, agency workers will get the same pay and conditions as permanent staff after being employed for 12 weeks. The agreement in the UK means the Parliament can adopt the directive after being blocked in Council since 2002. Under the proposed deal, Britain's 1.3 million agency workers will get the same pay and conditions as permanent staff after being employed for 12 weeks. The revised wording of the EU Agency Workers Directive allows the UK to implement the agreement between Confederation of British Industry (CBI) and Trades Union Congress (TUC) which means that an agency worker is entitled to equal treatment (at least the basic working and employment conditions that would apply to the worker concerned if they had been recruited directly to occupy the same job) after 12 weeks in a given job. According to the agreement between the CBI, TUC and the UK government, equal treatment will be defined to mean at least the basic working and employment conditions that would apply to the workers concerned if they had been recruited directly by that undertaking to occupy the same job. It will not cover occupational social security schemes. University Grades Suffer as More UK Students Work A third of students work the equivalent of more than two days a week to help pay for university, a survey has found. Nearly half took jobs to cover basic living costs and 45% said working had a bad effect on their studies. The survey by the National Union of Students showed that many students find the level of financial support inadequate. Britons are Getting Happier Britain is among 45 countries where positive feelings are up since 1981, according to the findings of the World Values Survey. Experts put the increase in happiness to rising economic prosperity, democracy and social liberalisation. The happiest countries include Colombia, Denmark and Nigeria but the number of happy people in Britain has risen 13%, says New Scientist. 7 of the 52 countries surveyed saw happiness levels fall, with Taiwan worst hit. Not Enough Black Men at UK Universities Not enough black men are studying at university, according to Universities Minister David Lammy. The proportion of university students who are black Caribbean males has remained at just above 1% for the past three years. And they are much more likely to be at local universities rather than at elite institutions, said the Minister. Lammy says he was the first black Briton to study for a Masters in Law at Harvard. Pointing out that the fact that some black people do make it should not lead people to become complacent, the MP for Tottenham insisted that both the African and the Afro-Caribbean communities had a strong culture of aspiration and self-improvement and that more needed to be done to tap into that culture. The number of black and mixed-race entrants to Oxford University went up by 20% in 2006.Source: Metro For Fathers Office is Less Stressful than Children Fathers find going to work less stressful than staying at home with their children. Research by parent advice company Bounty revealed that nearly two-thirds of working fathers admitted enjoying going to the office as it gave them a break from parenting.
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News from the UK and around the world
Ethics as Important as Price for Increasing Number of US Consumers A new survey released by ethical beauty retailer, The Body Shop, indicates that in spite of the tough economic climate, ethics are as important, if not more important, than price with today's increasingly eco-conscious consumers. In the US the findings revealed that 76% of consumers are making more purchasing choices based on the corporate behaviour and ethics of a company than they were five years ago and 43% of those polled say that they make those purchasing decisions on a weekly basis. Other findings included the facts that 70% of respondents cite quality of goods and trust in the brand as their criteria for buying a product, 39% say they purchase based on the ethical reputation of a company and 38% say price and value is their criteria for purchase. According to The Body Shop, a growing number of people are demanding more from the businesses that produce and sell the goods they buy. Not only do they feel they have the right to a high quality product, they want to know that the company they buy from is transparent and honest about how those goods reach the shelves. More than 9,500 consumers across the US and Canada took part in the survey during July 2008.
UK Marriage visa age raised from 18 to 21 The UK will increase the age for applying for a marriage visa from 18 to 21, the Home Office has said. This is part of a move to fight forced marriages in the country. Statistics show that 30% of the cases dealt with by the Government's Forced Marriage Unit involved victims aged between 18 and 21. The Home Office announced five key proposals which include raising the age of sponsorship for a marriage visa from 18 to 21 and asking foreign spouses to enter into an agreement to learn English before they come to the UK. The Home Office also proposes introducing a power to revoke leave to remain where there is evidence that the marriage route has been abused; requiring all sponsors to register their intention to marry overseas before they leave the UK; and ensuring through a code of practice that specialist teams can identify vulnerable people at risk of forced marriage. Under the new rules, any British citizen applying to 'sponsor' someone to come to the UK as their spouse will have to declare their intention before they leave the UK and marry abroad. This will mean that a young person will know in advance that a marriage will take place overseas and who their prospective partner will be. Tough new rules will mean that anyone abusing the marriage visa system will be removed from the UK by the UKBA under a new power to revoke people's right to stay in the country. Before they come to the UK, spouses will need to sign up to an agreement to learn English.
First ever Mr. East Africa UK and Miss East Africa UK 2008 Crowned in London Vicky Njoki Ngari-Wilson is this year's Miss East Africa UK while Alan Semugabi has become the first ever Mr. East Africa UK. The historical event was organised by the founder Pauline Long and the beauty contest was attended not only by East Africans but guests from other parts of Africa, Canada, US and France. Vicky already holds the title of Miss Kenya UK, before going on to become the winner of the coveted title of Miss East Africa UK. The sold out show raised funds for Kenyan children's charities.
Report highlights Global Growth in Private Education Provision The global growth of private higher education provision is highlighted in a recent report by Professor Roger King for Universities UK. It reveals that over a third of students globally are studying in the private sector. Private universities and public funding: models and business plans looks at the rapid growth in private provision worldwide and the implications for UK higher education. While many countries, such as the US, Japan and Chile have well-established private sectors in higher education, companies such as Laureate, Kaplan and Apollo are changing the face of international higher education through acquisitions and partnerships, primarily with local providers worldwide in the search for new markets. The result has been boom in provision at both postgraduate and undergraduate level, most significantly in the Middle East and Anglophone African countries. The report warns that public providers may get caught in the middle, trying to compete on costs while maintaining, or even raising, standards. However, it also suggests that despite the rapid growth, government regulation and control remains a significant barrier, even where an individual country's regulatory environment is favourable to private-sector expansion. In a warning to the UK sector, the report concludes that universities should be aware of this sudden expansion in private provision. Professor Rick Trainor, President of Universities UK, said, ‘The report should help UK universities to continue to compete effectively with private providers. It has implications for public providers in terms of how public funds are spent and also from a regulatory and quality assurance perspective.'
Call for Applications for DelPHE Programmes The UK government's Department for International Development (DfID) is investing up to £15m in a Development Partnerships in Higher Education programme (DelPHE) to support and strengthen the capacity of universities across 22 countries in sub-Saharan Africa and Asia. The goal of DelPHE is to enable universities to act as catalysts for poverty reduction and sustainable development by funding collaborative activity linked to the UN Millennium Development Goals (MDGs) and science and technology. DelPHE is a partnership between the British Council, DFID and the participating institutions. The British Council manages the programme delivery; the Association of Commonwealth Universities (ACU) is responsible for programme delivery in supporting south-south (developing-to-developing) partnerships. DelPHE currently has 122 projects and has just launched an invitation to apply for funding under round four. Applications must be submitted to the local British Council office by early 2009 and local deadlines are available on the DelPHE website. For this selection round DelPHE is particularly interested in applications from the following under represented subjects: Science & Technology; Engineering; Governance & Human Rights; Business & Enterprise, and under-represented countries: Cambodia; Democratic Republic of Congo; Ghana; Mozambique; Nigeria; Sierra Leone; Sudan; Yemen. An online facility to help universities find partners has recently been launched. Universities can register to search and contact potential partners around the world. For further information about DelPHE, e-mail:
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Growth of International Applications to US Graduate Schools Slows A recent Council of Graduate Schools (CGS) survey has showed a slowdown in the rate of applications from international students, but highlighted a continued growth in actual admission offers. The CGS International Graduate Admissions Survey, Phase 2: Final Applications and Initial Offers of Admission, reported the rate of growth in applications from international students had slowed to 6% from gains of 9% last year and 12% in 2006. This, according to the survey, has long-term implications not only for US graduate education, but also for the country's competitiveness in the global economy. Applications from India and China grew only 2% and 11% this year, after increases in 2007 of 12% and 19% respectively. In addition, every field of study saw a slowdown in the final rate of growth of applications. A note of concern could perhaps be that the slowed rate of applications has been most apparent in the top feeder countries such as India, China and South Korea. These countries accounted for around half of all non-US citizens studying at US graduate schools, according to the International Institute of Education's 2007 Open Doors report. Additionally, almost 80% of those studying business, engineering, social, physical and life sciences are international students. The findings suggest that the usual over-reliance on foreigners may be coming to an end. However, the survey also looks at the number of admission offers to international students which showed a 4% increase from 2007-2008. The number of US universities pursuing international collaborations also went up from 29% last year to 38% this year, reflecting the growing importance of international partnerships. A further 40% of the largest US universities surveyed said that they planned to establish new international collaborative degree programmes within two years. While the US has traditionally been the destination of choice for international students, these figures show that it can no longer take this position for granted. The slowed growth in the number of applications is due, in part, to the increased activity by traditional sender countries to retain home students and recruit more international students.
IFC Partners with the Global Reporting Initiative to Promote Sustainability Reporting in Emerging Markets IFC, a member of the World Bank Group, has announced a joint project with the Global Reporting Initiative to help companies in emerging markets improve relationships with stakeholders and attract investors by better measuring, managing, and reporting their contribution to socially and environmentally sustainable development. IFC and GRI will focus on bringing much-needed training and information to emerging markets on how to do GRI-based sustainability reporting. Certified training partners will soon be available in the Republic of Korea and South Africa, and in Latin America and other regions. In addition, a series of educational publications and online forums for practitioners will help forward-thinking companies become leading sustainability reporters. The partnership with GRI is central to a new IFC advisory service that focuses on helping companies align their corporate social responsibility efforts with core business priorities. GRI's guidelines for sustainability reporting are the most widely used global framework for companies and other organizations to publicly disclose their economic, social, and environmental performance in a systematic way. The guidelines are the only nonfinancial reporting framework developed and updated using a rigorous process involving many stakeholders. They represent the best current thinking on sustainability reporting.
GlobalGiving Launches UK Online Marketplace Supporting grassroots projects around the world just became easier and more fulfilling. GlobalGiving, the US-based online marketplace for philanthropy is expanding its innovative giving model to the other side of the Atlantic through GlobalGiving.co.uk. The GlobalGiving concept was established in 2001 in the U.S. by two former World Bank executives, Dennis Whittle and Mari Kuraishi. Since then, the marketplace for giving has generated over $12 million to fund over 1,000 grassroots development projects. Its UK expansion, GlobalGiving.co.uk now offers the same exciting types of project opportunities to UK based donors. The GlobalGiving.co.uk site enables individuals to give directly to hundreds of well-vetted grassroots charity projects in over 70 countries, mostly in the developing world. Donors can also tangibly see the impact of their donations on the communities concerned through regular progress updates from project leaders. GlobalGiving is the leading Internet-based network for peer-to-peer philanthropy. Our mission is to sustain a high-powered marketplace for good that connects donors directly to the causes they care most about.
UK Sees a Steep rise in Staff Working from Home The number of UK employees working flexibly has risen sharply over the past four years, according to the latest CBI/Pertemps employment trends survey. The survey of 513 employers found that almost half (46 per cent) now allow their employees to telework, up from 14 per cent two years ago and 11 per cent in 2004. The popularity of term-time working and job sharing has also increased dramatically. The survey also revealed that businesses were becoming more supportive of employees who took career breaks or sabbaticals. While the CBI survey revealed that 95 per cent of flexible working requests from parents were accepted, parents' rights campaigner Working Families warned there were “two worlds for working parents”. These were described as one was where employers recognised that it made “strong business sense” to provide them with flexible working, but the other involved companies “that didn't believe that reorganising the way they had always done things might bring real benefits”. Next year, another 4.5 million UK workers will be given the right to request flexible working when the current legislation extends from parents with children under the age of six up to 16. Source: People Management magazine.
New Report Redefines the Generation Rules A study into the ways different generations interact within the workplace has overturned some popular ideas about what makes different age groups in the workplace tick – the worker in their early twenties who won't stay long in the same job or organisation, for example, or the loyal baby boomer. Gen up: how the four generations work, conducted by Penna in partnership with the CIPD and PeopleMetrics, surveyed more than 5,500 employees across Europe and included focus groups with senior HR managers. The survey found, for instance, that employers' attitudes to social responsibility were of much more importance to baby boomers – members of the workforce who were born between 1948 and 1963 – than to Generation Y. This is despite widespread beliefs that Generation Y places an especially high premium on CSR. Generation Y is also far less likely to rapidly change jobs than was thought, the report found. But, a “quite scary” statistic uncovered by the research, is that only one in four employees felt fully engaged in their organisation. For members of all generations to feel engaged, the report says, they must gain a sense of purpose from their work, be treated with respect in their workplace and have a “good employer” – which refers to an organisation's reputation in its sector. Strangely, baby boomers – often considered to be the generation that has benefited most in the current workforce – were the most disaffected generation of employees. Specifically, baby boomers want more challenging work, access to development and a socially responsible organisation, if they are to feel more engaged. The newest generation to enter the workforce is Generation Z – those aged under 18 years. Workers from this demographic are beginning to join retail and hospitality workforces. According to the report, the biggest difference between this generation and the next one up – Generation Y – is that it will be entering working life during a recession, while Generation Y has been used to a long period of economic growth. Generation Z will also be one of the most technologically savvy. Source: People Management magazine.
Top Attorney Launches Study of Diversity of US Advertising Agencies Cyrus Mehri, one of the nation's top civil-rights attorneys and a man who has been dubbed one of Washington's most feared lawyers, has turned his attention to the ad industry's woeful diversity record. Mr. Mehri has confirmed that his firm is behind the preliminary results of a study obtained by Ad Age. The study, which isn't complete yet, is being conducted by economist Marc Bendick Jr. According to the summary, African-Americans would be expected to make up 9.5% of the professionals in advertising (a number even lower than the 13% in the general population), it turns out they make up only 5.8%. On the executive and managerial side, African-Americans make up only 3.2% compared with an expected 7.2%. That amounts to a 39% shortfall in African-American representation among the industry's staff and a 56% shortfall among managerial employees. Unlike previous efforts, this study takes into account the entire ad industry, including employees and managers at African-American-owned shops. Source: Advertising Age
Dentists Get Their Teeth into Extra Funding An additional £5 million is being made available to help Scottish dentists improve decontamination facilities. New regulations require dental practices to ensure that all sterilisation and cleaning of equipment is carried out in a separate, designated area. The extra cash has been allocated to help cover any additional costs dentists may incur whilst implementing these measures. Announcing the investment, Public Health Minister Shona Robison revealed the funding would be split amongst the country's health boards according to population size, who will work alongside dentists in their region to agree where the cash needs to be spent.
£75 Million Childcare Boost As many as 50,000 low income families are to be offered up to £205 a week to pay for childcare so parents can get training to help them find work. Over the next three years, the £75 million Free Childcare for Training and Learning for Work programme will offer support to families where one parent is working and the second parent wants to improve their skills so they can get a job. The programme will be available in 67 local authorities across England, with childcare costs of up to £175 per week (£205 in London) paid directly to the childcare provider. As well as the childcare support, families will also receive support and advice from the Learning and Skills Council (LSC) to identify suitable training courses. According to the LSC, their research indicates that the costs of childcare are a major barrier to participation in learning. Around £10 million will be allocated in the first year of the programme, with £25 million in year two and £40 million in year three. Payments will only be made whilst a learner is attending a training course.
Banks still Lending to Small Businesses despite "Crunch" Despite the daily media coverage of the "credit crunch", new data suggests that the major high street banks are still lending to small businesses. In fact, term lending actually grew by 11% in the year to June 2008. The statistics, released by the British Banking Association, compiled using data from the major high street banks showed that term lending grew to £44bn in the twelve months to June this year. Overdraft borrowing also increased to £9.2bn (a rise of 3% on the previous period). Interestingly, the number of new businesses opening their first business account compared well to the previous 12 months with 143,404 new business accounts being opened, compared to 145,063 in the year to June 2008. Although the data doesn't cover the period from July 2008 onwards, it does suggest that small companies still have access to bank finance, and that reports suggesting banks are not willing to lend have been exaggerated. However, given the latest banking collapses in the US, the data may not quite so rosy this time next year.
London Development Agency contracts now available on CompeteFor London businesses can now use the CompeteFor online service to bid for London Development Agency (LDA) contracts. Initially created to help smaller businesses win contracts linked to the London 2012 Olympic and Paralympic Games, CompeteFor acts as a brokerage service matching businesses of all sizes to thousands of opportunities to supply contractors. These include an estimated 75,000 future business opportunities - around £6 billion of work - due to be allocated by the Olympic Delivery Authority (ODA) and London Organising Committee. From 1 September 2008, the system is also being used to tender LDA contracts worth an estimated £170 million each year. Companies can register as potential suppliers and they will in turn be notified of contracts that match their field of work as they go out to tender. Any business or organisation that wants to issue contracts can use CompeteFor and enjoy the increased competition and access the system provides. The service also provides access to the wide range of business support services provided by Business Link in London. According to LDA figures, 84 per cent of the businesses currently registered with CompeteFor are small or medium-sized firms. And although gloomy surveys regularly claim that people are not convinced they will benefit from the London Olympics, CompeteFor has already attracted 30,258 companies, almost a third of whom (10,000) are from the Greater London area. Small and medium-sized enterprises account for three quarters of the London businesses who have won contracts to supply the ODA.
Increase in UK National Minimum Wage The National Minimum Wage for eligible workers has increased to £5.73 an hour for adult workers aged 22 and above and to £4.77 an hour for workers aged 18-21. The rate for those less than 18 but above compulsory school age rises to £3.53 an hour.
US College Panel Calls for Less Focus on SATs A commission convened by some of the United States' most influential college admissions officials is recommending that colleges and universities move away from their reliance on SAT and ACT scores and shift toward admissions exams more closely tied to the high school curriculum and achievement. The commission's report, the culmination of a yearlong study led by William R. Fitzsimmons, the dean of admissions and financial aid at Harvard, comes amid growing concerns that the frenzy over standardized college admissions tests is misshaping secondary education and feeding a billion-dollar test-prep industry that encourages students to try to game the tests. A growing number of colleges and universities have made the SAT and ACT optional. And the report concludes that more institutions could make admissions decisions without requiring the SAT and ACT. It encourages institutions to consider dropping admission test requirements unless they can prove that the benefits of such tests outweigh the negatives. The report emphasizes academic research that suggests that test preparation and coaching results in an increase of 20 to 30 points on the SAT, which it calls “a modest gain (on the old 1600 scale)” that “is considerably less than the 100 point or more gains that are often accepted as conventional wisdom.” The report calls for an end to the practice of using minimum-admissions-test scores to determine students' eligibility for merit aid. And it specifically urges the National Merit Scholarship Corporation to stop using PSAT scores as the initial screen for eligibility for recognition or scholarships. The report suggests that what is needed is a new achievement test, pitched to a broad group of students, that would predict college grades as well as or better than available tests. Source: The New York Times
Enabled4Enterprise Disability Smart Training Goes Online A new disability smart online training resource for London's business community has been launched by the London Enabled 4 Enterprise Consortium at University College London. Disability Smart is an e-learning course to support business advisors and enterprise agencies and has been described as a vital new business disability training resource for the capital's business support community to meet the needs of disabled entrepreneurs in the workplace and help to grow their business. Business advisors can log on to the new interactive training programme which features the stories of five disabled entrepreneurs with different impairments. The resource guides the user through scenarios and video tutorials that challenge their attitudes towards disabled people's impairments and teach them how to communicate effectively with someone with a disability. The Enabled 4 Enterprise Consortium is a partnership between Leonard Cheshire Disability, London Development Agency, the Northern Pinetree Trust and Head for Business. It is funded by the London Development Agency.
SC Johnson Ranked Among Best Companies for Workers Over 50 SC Johnson has been recognized as number three on the 2008 AARP Best Employers for Workers over 50 awards. This annual recognition program acknowledges companies and organizations whose policies best address an aging workforce. AARP's Best Employer list recognizes companies for demonstrating exemplary practices in the recruitment, retention and promotion of mature workers. It also distinguishes companies that foster a workplace that supports the aging workforce and that encourages workers to remain active. AARP commended SC Johnson for creating a workplace of excellence by generous wellness, fitness and recreation programs in addition to its on-site medical center. To be considered for the list, companies submit a comprehensive application that includes questions about their human resources practices and policies. Areas of consideration include recruiting practices, training, education and career development opportunities, and flexible work arrangements. Retiree and health benefits are also considered. With 39 million members, AARP is the leading nonprofit, nonpartisan membership organization for people age 50 and over in the United States.
New Center to Foster Financial Inclusion of World's Poor through Private-Sector Engagement Can commercial microfinance institutions organize themselves to protect the interests of their poor clients? The Center for Financial Inclusion at ACCION International is launching activities with a focus on answering that provocative question, among others. The Center will connect private-sector, non-profit and academic expertise and resources to accelerate the reach and increase the quality of microfinance worldwide. The Center's goal is to advance the commercial model of microfinance while upholding the interests and needs of poor clients worldwide. Its Advisory Council members are drawn from a broad range of public-and private-sector institutions and academia. Through innovative partnerships, research and piloting, the Center will pursue the proposition that low-income people deserve high-quality financial services, and that those services can best be provided through collaboration with, and engagement of, the capital markets and commercial institutions – banks, investors, regulators, technology firms, and more, who are committed to incorporating a social purpose. Established under the auspices of pioneering microfinance organization ACCION International and supported by founding sponsor Credit Suisse, the Center will dedicate its efforts to three principal program areas: consumer protection, product innovation, and microfinance investment. Also launched is the Center's website, www.centerforfinancialinclusion.org, which will serve as an online platform for microfinance discussion and research. The Center for Financial Inclusion pursues the proposition that low-income people deserve high-quality financial services and that these services can best be provided through commercial models that incorporate social purpose.
Fortune 1000 Executives Call on New US President to Fix Education Gap The U.S. Presidential candidates should be very concerned about the country's ability to attract and retain science, technology, engineering and mathematics (STEM) workers in order to maintain its global leadership in science and technology say CEOs and other C-suite executives at America's Fortune 1000 STEM companies. One way to counter this talent crisis, they say, is to build a diverse STEM pipeline beginning at the earliest educational level. And while they believe they and other STEM companies have a responsibility to support such a diverse pipeline, they also say the current American pre-college education system is failing to engage girls and minorities to pursue STEM careers. These are among the findings of a new survey commissioned by Bayer Corporation as part of its Making Science Make Sense (R)initiative. In the latest Bayer Facts of Science Education Survey XIII: Fortune 1000 STEM Executives on STEM Education, STEM Diversity and U.S. Competitiveness, senior executives leading some of the country's largest chemical, pharmaceutical, aerospace, semiconductor and other STEM industry companies were polled about a host of issues related to diversity. Almost all of the Fortune 1000 STEM executives (95 percent) are concerned that the U.S. is in danger of losing its global leadership position in science and technology due to a shortage of STEM talent, with more than half (55 percent) reporting their companies are already experiencing such a shortage. When it comes to rising international competition, fully two-thirds (68 percent) are concerned that other countries' increasing access to STEM talent is giving rival companies based in these countries a competitive advantage over them, with one-fifth (20 percent) saying they are "very concerned." Further, they think these are issues the U.S. presidential candidates should be concerned about. In fact, nearly all (98 percent) believe the state of the country's STEM workforce vis-a-vis its continued competitiveness should be a major issue for the U.S. presidential candidates, with two-thirds (68 percent) saying the candidates should be very concerned. Diversifying the STEM talent pool is one solution to this problem, the Fortune executives say. Almost nine-in-10 (89 percent) agree that bringing more women and minorities into STEM fields will help solve this issue. Moreover, diversity has other benefits for STEM companies, according to the executives, including increasing innovation and the ability to be more competitive in the global marketplace.
UK Managers' Disposable Income is among World's Lowest Senior managers in UK firms have among the lowest disposable income in the world, a survey has found. The World Pay Report 2008 from consultancy Hay Group placed UK executives forty-seventh out of 51 economies that were analysed. Hay Group's analysis finds senior managers in the fast-growth economies of the Middle East, Asia and Eastern Europe enjoying the highest spending capacity, as demand for management talent far outstrips supply in these markets. Real pay in Western Europe, the US and Scandinavia lags by comparison. British executives are the fifth poorest in real terms, according to the report, ahead of only Indonesia and the highly expensive Scandinavian economies. The UK's low ranking reflects the combination of relatively high tax rates and cost of living compared with developing economies, the study concludes. And as the economic downturn continues to bite, and inflation remains stubbornly high, disposable income at senior level is likely to erode even more, further damaging UK plc's competitiveness when attracting global/globally mobile talent. Source: PM Online
UK Diversity Management Remains Superficial A new CIPD research report warns that the forthcoming Equality Bill will fail unless the business benefits of diversity are promoted. Only 30% of employers surveyed even have a budget for diversity management and 71% don't build diversity objectives into business goals. www.cipd.co.uk
UK Migrant Job List Pruned for Visas The UK is to cut a third of available occupations under the list of jobs considered in shortage, raising concerns for employers and skilled foreign workers looking to take employment in Britain. Occupations such as medical and IT professions are getting the cut while others, such as sheep shearers, skilled ballet dancers, and frozen fish filleters are being added to the list. However, a look at the upcoming Tier 2 points based immigration for skilled workers shows that, while some employers will have to do more to hire the workers they need, it is still quite possible to employ foreign skilled workers in occupations that are difficult to fill. To successfully apply for a Tier 2 visa, an overseas worker must score 70 points in three criteria: Qualifications, Maintenance, and English language ability. English language and Maintenance (funds that show foreign workers can finance their switch to life in the UK) each score 10 points, but both of these areas are mandatory requirements. Without satisfying either of these requirements, a prospective foreign worker would be unsuccessful applying under the Tier 2 system, whether or not the job is on the shortage occupation list. Under Qualifications, most points are scored for a foreign worker's Certificate of Sponsorship. The Certificate of Sponsorship is issued by an employer who is licensed to hire migrant workers from outside the European Union. Applicants must score at least fifty points under sponsorship, qualifications and prospective earnings. Another issue is the employer's requirement to undertake the so-called Resident Labour Market Test which proves that a British or European Union/European Economic Area (EU/EEA) citizen could not be found to fill the position. Generally, this requires posting the job for a certain period of time. While the UK government needs to show a tough stance in regards to its borders in this day and age, a close look at the new scheme shows that it's business as usual. The reality is that Britain needs foreign talent to remain competitive in an increasingly global society. Source: workpermit.com
Caribbean children Held Back by Institutional Racism in UK Schools, says Study Black Caribbean pupils are being subjected to institutional racism in English schools which can dramatically undermine their chances of academic success, according to a new study. Researchers have uncovered evidence that teachers are routinely under-estimating the abilities of some black pupils, suggesting that assumptions about behavioural problems are overshadowing their academic talents. The findings, based on a survey which tracked 15,000 pupils through their education, add weight to the theory that low achievement among some black students is made worse because teachers don't expect them to succeed. Black education groups welcomed the evidence, calling for urgent measures to be taken to stamp out any covert racism in schools. But other experts said the study was evidence that there needed to be new efforts to tackle behavioural problems among young black Caribbean pupils. The research examined the profile of pupils entered by teachers to take higher-tier papers in their maths and science tests at 14. Pupils can only get top marks by sitting these papers, and the tests influence the range of GCSEs they go on to take. White pupils were significantly more likely to be entered for the top tiers than their black Caribbean, Pakistani, black African and Bangladeshi classmates. Most of the differences were explained by the pupils' previous results or by other factors which might have put them at a disadvantage, such as the level of education reached by their mothers, entitlement to free meals, and truancy and exclusion - all strong predictors of academic success. But for a significant proportion of Black Caribbean pupils, there was no academic explanation for them being excluded from the harder papers. Dr Steve Strand from Warwick University, the author of the study, concludes that "institutional racism" and low expectations by teachers explain the missing black Caribbean students from top-tier exams. "By 'institutional racism' I mean organisational arrangements that may have disproportionately negative impacts on some ethnic groups," he said.
Website Threatens Lazy Academics More than 1,000 British academics have been rated on a controversial American website that allows students to score their professors. 1,284 British academics have been uploaded to ratemyprofessor.com causing anxiety over how they will be scored. Universities are already cautious over students' use of networking sites such as Facebook and Bebo, and are actively seeking ways to protect their reputation online. Rate my professor represents the latest threat thrown up by the internet. However, the site has its champions. In its native America it is the subject of academic research and it has even been suggested that evidence from the site is used in human resource issues such as hiring and firing. On the website, professors are rated on easiness, helpfulness and whether or not they are ‘hot'. To see if your institution has a presence, visit www.ratemyprofessor.com New Maternity and Paternity Pay Delayed until 2010 The UK Government has delayed its plans to extend maternity and paternity pay and leave until April 2010. The planned changes were expected to come in from April 2009 but, say the Government, will now be applicable to babies born after April 2010. Under the planned changes, maternity and adoption pay will go up from 39 weeks to 52. Additional paternity leave and pay will be introduced so that fathers would get the right to take up to 26 weeks paid time off to care for a child if a mother returns to work and has not used her full entitlement to paid maternity leave.
The BiD Nature Challenge is a competition and an investor marketplace for Small and Medium sized Enterprises (SMEs) that combine a high-growth and/or innovative business plan with job creation in protected areas, nature conservation, ecotourism, forestry, aquaculture, sustainable crops & commodities, fish, non timber forest products or any other commercial activity that generates economic benefits (for communities) in a way that supports biodiversity and the sustainable use of natural resources. More information is available on the website of the BiD Nature Challenge. Promotional material is available on www.bidnetwork.org/naturepromo Although there is a focus on Mozambique, Cameroon and Kenya, business plans for other countries are welcome to submit as well. Our matchmaking services do not discriminate on country level and will always welcome high quality plans. The deadline for submitting completed business plan documents is December the 15th 2008.
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UK unveils ID cards for Foreigners UK's Home Secretary has unveiled the UK Identity Card. The Government plans to start issuing ID cards to foreign nationals from November 2008. The new credit-card sized document will show the holder's photograph, name, date of birth, nationality and immigration status. A secure electronic chip will also hold their biometric details, including fingerprints, and a digital facial image. Home Secretary Jacqui Smith said "ID cards for foreign nationals will replace old-fashioned paper documents, make it easier for employers and sponsors to check entitlement to work and study, and for the UK Border Agency to verify someone's identity. This will provide identity protection to the many here legally who contribute to the prosperity of the UK, while helping prevent abuse." Compulsory identity cards for foreign nationals will kick start the National Identity Scheme, with the first applicants having to apply for cards from 25th November. It will cost £30. Within three years all foreign nationals applying for leave to enter or remain in the UK will be required to have a card, with around 90 per cent of foreign nationals in Britain covered by the scheme by 2014/15. The UK Border Agency plans to start issuing the cards to categories of immigrants believed to want to abuse the country's immigration system, including students and people seeking leave to remain on the basis of marriage. The introduction of the first card supports the Government's tough new Australian-style Points Based System for managed migration. To earn and retain their licence as a sponsor businesses and education providers must keep records of the migrants they have sponsored including, in time, a copy of a migrant's identity card. Businesses found employing illegal workers face fines of up to £10,000 per person.
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News from the UK and around the world
Entrepreneurs Optimistic despite Economic Downturn Despite the gloomy outlook for the economy, a recent study suggests that over half of all small business owners have no intention of changing their expansion plans. The international study, "DNA of an Entrepreneur", released by specialist insurer Hiscox shows that entrepreneurs in most major economies are still bullish about their growth plans. In the US, for example, 69% stated that they will continue with their business growth plans despite the prevailing economic climate. The survey uncovered some of the major obstacles faced by future entrepreneurs including tax, government bureaucracy, financing and cultural factors. More than two thirds (68%) of British entrepreneurs think our taxation system does not favour someone wanting to set up their own business while bureaucracy was seen as the biggest issue for the French, with three quarters (76%) citing government red tape as a major barrier to setting up their own business. The survey revealed almost two thirds (61%) of UK entrepreneurs believe the British education system does not encourage individual 'ideas and dreams' which can fuel future entrepreneurial growth. The Europeans' view is in sharp contrast to the US, where only 35% feel their education system is unsupportive. Each nation's cultural inclination (or disinclination) to take risks could have a bearing on the mindset of their entrepreneurs. In the UK, only 44% feel that, culturally, we are a nation of natural risk takers, compared to 78% of Americans. The Germans and French are, culturally, the most risk averse nations of all, with only a third (33% and 34% respectively) feeling that there is a culture of risk taking in their country. African-American Youth Convene Global Conference on Civic Leadership The Ron Brown Scholar Program, the nation's leading scholarship program for African-American youth, recently convened a leadership conference in Charlottesville next week, sponsored by Verizon Business, to help propel African-American youth nationwide into global leadership positions. The 2008 Triennial Leadership Conference -- Local Service, Global Change – brought together nearly 240 Ron Brown Scholars and leading minds from the public and private sectors to help accelerate the entry of young African-Americans into civic leadership and further enhance opportunities in fields including public policy, media, health care, education and business. According to the organisers, the conference was about seeking out and cultivating America's next black leaders and was created to bring young people together to demonstrate that through unity and cooperation any social challenge can be overcome. Named for the late Secretary of Commerce and inspired by his dedication to public service, the Ron Brown Scholar Program was established in 1996 to provide academic scholarships, service opportunities and leadership experiences for young African Americans of outstanding promise. The Program seeks to accelerate their progress into the mainstream of leadership positions in business, education, government and a wide spectrum of professions, while instilling a dedication to leadership and service. Penguin Announces Annual Open Day for Getting into Publishing Getting into Publishing' is Penguin Group's annual open day for students and graduates, particularly those from ethnic minority backgrounds with an interest in Publishing, to learn more about opportunities at Penguin and in publishing. The event takes place this year on Thursday 20th November 2008 and is an opportunity for students and graduates, particularly those from ethnic minority backgrounds, to find out all about Penguin and more about a career in Publishing. The day consists of morning and afternoon presentations from senior employees of the company and a networking lunch in the afternoon where candidates have the opportunity to meet senior managers of the company. Interested applicants are requested to send a CV to
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by 31st October 2008. UK Business Start-up Figures Remain Strong The National Federation of Enterprise Agencies (NFEA) has stressed that new start-up figures prove entrepreneurs are undeterred by the state of the economy. According to the Barclays quarterly survey, there were 98,000 new start-up businesses in England and Wales in the first quarter of 2008, compared with 86,400 in the fourth quarter of 2007. The most popular industries for start-ups were business and financial services, construction and retail. The Barclays research also revealed there were 99,900 closures this quarter, compared with 111,900 closures in the fourth quarter of 2007. Weak Economy Keeps Global Headhunters at Bay from Africa South African employers may be given a much-needed breather from the onslaught of international headhunters that has removed thousands of highly skilled professionals from the local job market. And feeling the pinch of a global economic downturn, major international organisations are resorting to hiring freezes, large scale lay-offs and significant cut backs on 'perks'. According to Madge Gibson, partner at Jack Hammer Executive Headhunters, overseas companies are reigning in the extravagant offers previously used to attract top South African professionals; which in a converse dilemma, is actually loosening up their ability to hold on to top talent. She noted that highly skilled South African professionals from a range of sectors have mentioned that approaches from abroad have lessened significantly over the past few months and that her company continues to see an increase in the number of ex-pats returning to South Africa, along with foreigners interested in working in the country. Some South African sectors have been less acutely affected by the sub-prime crisis in the US and the global economic slowdown than their foreign counterparts and, as such, domestic businesses may be able to capitalize on the soft global market and actually attract international high-flyers for their own organisations. Growing Scotland's Tourism Industry A new fund has been launched to help businesses encourage increased tourism to Scotland. Part-financed by the European Regional Development Fund, national tourism body VisitScotland has introduced the Growth Fund to support collaborative marketing projects that aim to attract more visitors and cement Scotland's position as a world-class destination. The programme is looking to help develop the Scottish “brand” in order to meet the ambitious 2015 target of increasing tourism revenue by 50%. It will not only look to encourage more tourists to Scotland, but also increase the overall visitor spend and promote a more diverse range of destinations. Open to both new and existing tourism companies, the scheme can cover up to 40% of eligible costs, with grants ranging from £2,500 (total project cost £6,250) to £65,000 (total project cost (£162,500). Applications must be made by groups of tourism businesses consisting of at least three partners from different sectors, such as accommodation, attractions, food and drink, or recreation. Eligible projects should involve new marketing activity to boost tourism, for example: working with new partners, targeting new markets, involving new packages or offers or using new media. Funding can be used for a broad range of marketing activities, including website development, direct mail campaigns, conducting consumer research, advertising, and attending exhibitions and trade events. The new funding programme aims to build on the success of VisitScotland's previous Challenge Fund, which saw more than 100 businesses share £1.35 million between 2005 and 2007. Economic Slowdown Reduces Impact of Migrant Worker Drain from UK Figures released by the Home Office indicate that work related migration from the eight central and eastern European countries has fallen to its lowest level since 2004. According to the Chartered Institute of Personnel and Development (CIPD), the pill is less bitter for employers as it coincides with employment prospects falling to their lowest level in a decade. However, despite the slowdown, many sectors such as agriculture will be concerned about filling jobs in the short-term as it also coincides with the gradual introduction of a points-based system for managing migration outside the EU. The CIPD noted that the tide of immigrants from the A8 countries has clearly bottomed out as more find jobs at home or elsewhere in Europe. The UK Government's official barometer shows that the number of eastern Europeans applying to work in the UK has fallen by 9,000 during the past quarter; which indicates that the credit crunch has had a particularly negative impact. On the flip side, this situation might improve the job prospects for the young and less-skilled non-migrant workers who have lost out in the competition for jobs in recent years. With economic prospects improving in the Accession countries relative to the UK's position, it is unsurprising that the Eastern Europeans are leaving the country in greater numbers than before. Global Recruitment Campaign for Staff by Societe Generale Societe Generale is to launch a worldwide recruitment campaign for 20,000 more staff. SocGen's campaign comes as analysts predict that the City of London will lose between 20,000 and 40,000 jobs by the end of next year because of the credit crunch. Britain will be Biggest EU Country in 50 Years Britain will overtake Germany and France to become the biggest country in the EU in 50 years' time, according to population projections unveiled recently. Across the EU's 27 countries there are now four people of working age for every person over 65, but by 2060 that ratio will be 2:1, causing stress on welfare and pension systems. The Mommy M.B.A.: Schools Try to Attract More Women The typical M.B.A. track runs a collision course with many young women's plans to start a family. Working four to five years after undergraduate school before enrolling, as many schools offering a master's in business expect, is a bridge too far for many women. The alternative - seeking an M.B.A. at a younger age -means shouldering roughly $80,000 in M.B.A. expenses at a life stage when many are laden with student loans and aren't making much money. Also, women tend to be more wary of the risk of taking time out for an M.B.A., for fear of hitting a glass ceiling. Because of these issues, female enrolment in full-time M.B.A. programs has remained mired for years at a dismal 30%, compared with about 49% in medical schools and 47% in law schools. To break this pattern, graduate business schools are fielding new programs to attract women. They're launching part-time "morning M.B.A.s," bending the rigid M.B.A. track and recruiting students at younger ages. The new offerings aren't a good fit for everyone. But the changes are slowly brightening the work-life landscape for aspiring female business leaders. At least three schools have started part-time "morning M.B.A.s" in the past year, to appeal to at-home mothers, self-employed people or others working odd schedules. (Most part-time M.B.A. programs have only evening or weekend classes.) More than half of the 83 part-time M.B.A. students taking morning classes at DePaul University's Kellstadt Graduate School, Chicago, are women. The University of Toronto's Rotman School offers a 7-to-9 a.m. M.B.A. Pepperdine University's Graziadio School has tried a morning M.B.A. but put it on hold because of low enrolment. However, extending to seven years the time allowed to finish a part-time M.B.A. has helped to raise female enrolment to 44%, says the University. Nationally, 37% of students in part-time flexible M.B.A. programs are women, says the Graduate Management Admission Council. Source: Wall Street Journal Nominations Sought for 5th Annual Compliance Awards The Annual Compliance Awards were created in 2004 to recognise the successes and achievements of compliance professionals from across the financial services industry and supporting professional services firms. The Complinet 5th Annual Compliance Awards is searching across the compliance and finance sectors to recognise the contribution of the compliance role, compliance trainers and professional advisers in helping to ensure that the UK remains at the forefront of global financial services. It provides the opportunity for over 350 guests to enjoy an evening of awards, comedy, good food and fine wine in the company of leading compliance colleagues, regulators and friends from related industries. Nominate yourself, a colleague or a business for one or more of these prestigious awards and celebrate your success with fellow professionals at the 5th Annual Compliance Awards. Please visit www.complianceawards.co.uk for a full list of categories. Deadline for nominations are Friday, 17 October 2008 Small Business Owners working 50 Hour Weeks A study by Bank of Scotland shows that UK entrepreneurs are working an average 50 hours per week, and a quarter of those polled said that they would be working longer hours for the rest of 2008 as the "credit crunch" continues. Interestingly, the Scots work the longest hours, clocking up an average of 52 hours every week, compared to a relatively lazy 47 hours by business owners residing in South East England. And if that wasn't bad enough, a separate study suggests that around two-fifths of small business owners have too much work on to take a holiday. Of the 433 business owners quizzed by telecoms firm, Unicom, 42% said they would not be able to take a holiday at all because of work pressures. New Fund Helping Firms to Get Connected Small businesses in London are set to reap the benefits of a new programme designed to help bring innovative products to market. The £3.5 million Knowledge Connect scheme, part financed by the European Regional Development Fund, will enable SMEs to take part in knowledge transfer projects with universities and further education colleges. Women More Affected by Workplace Bullying, says US Study According to a study conducted by the Workplace Bullying Institute and Zogby International, an astounding 71% of office conflict cases are women bullying other women. In fact, women bully other women 2.5 times more frequently than they target men, preferring to use sabotage and abuse of authority as their forms of bullying. In addition, women who bully in the workplace prefer to do it behind closed doors and are slightly more likely than men to enlist the help of others to "gang up" on their targets. Known by the United Nations' International Labor Organization as the "silent epidemic," workplace bullying often goes unreported. But it is four times more prevalent than illegal, discriminatory harassment. Since it is not considered illegal, even when reported, employers rarely take action or, in some instances, can exacerbate the problem for the person being targeted. Whites Will Be Less than Half of US Population by 2042 In 2050, what will the U.S. population look like? According to new data from the Census Bureau, 30 percent of it will be Latino, 15 percent will be Black and 9 percent will be Asian, according to the New York Times. The new calculations shatter predictions from four years ago that estimated the population of Americans self-identifying as Black, Latino, Asian, American Indian, Native Hawaiian and Pacific Islander would top non-Latino whites in 2050. Demographers are now saying that could happen as much as eight years sooner. For the first time, both the number and the proportion of non-Latino whites, who currently account for 66 percent of the population, will start to decline, accounting for 46 percent by 2050. Ten years ago, census demographers predicted the nation's population would not top 400 million until sometime after the middle of the century. Now, demographers say the U.S. population, which surpassed 300 million in 2006, will hit 400 million in 2039 and grow another 10 million by 2050. Mayor calls on London Businesses to pay a Living Wage Mayor of London Boris Johnson has urged the capital's employers to work towards raising pay for their low-paid staff to the level of the London Living Wage. The London Living Wage, recently adjusted to £7.45 an hour, is independently calculated each year by GLA Economics. Twenty-seven organisations have now officially agreed to pay their staff at least that amount. Sidcup-based Haden Building Management, which is supplying facilities services to the Metropolitan Police, has just announced that it will pay its 406 staff at least the new rate from November. Barclays has also confirmed an increase in its base pay rate to £7.73 per hour for its third-party employees working in Greater London. However, the London Chamber of Commerce and Industry argues that small businesses in the capital would be forced to axe jobs, reduce investment and slash training budgets if they had to pay the wage. UK Business leaders Find School-leavers' Basic skills Declining Literacy and numeracy skills among school-leavers have declined over the past decade, despite increased levels of education funding by the government, according to business leaders. Research by the Institute of Directors (IoD) found that 71 per cent of its members think the writing skills of new recruits have deteriorated in recent years, while 60 per cent feel numeracy has declined. Over half (52 per cent) reported that recruits' basic ability to communicate had worsened. Exam grades improve almost every year, leading to arguments between the government, which insists young people are making improvements, and critics, who say standards have dropped. The annual education budget has increased from £48 billion when Labour came into power in 1997 to £76.3 billion today. But only 12 per cent of IoD members feel the government's performance on education and skills has been favourable to business over this period. In a sample survey of 100 university admissions tutors for the IoD's report, 72 per cent thought the quality of undergraduates had either deteriorated or remained the same over recent years. But business leaders said the IT skills among young people had improved over the past decade. New recruits also brought other qualities to the workplace, such as enthusiasm, energy and flexibility. Source: PM Online Online Sales Boom offers Opportunity for Small Business Figures from the IMRG reveal that, despite the credit crunch, UK shoppers spent over £26.5 billion online in the first six months of 2008 - a 38% increase on the £19.2 billion recorded for the first half of 2007. The online boom means that 17p in every pound spent is now spent online, and it is predicted that up to half of all shopping will be done online by 2014. And the good news for small businesses is that smaller players with the right strategies are benefiting from this shift. According to David Smith of IMRG, 'It is often the smaller retailers with niche products or with interesting retail propositions that seem to be having success. There will be a lot of opportunities for smaller players to profit if they can manage their start-up costs, get their supply chains right and work closely with their customers.'
Oprah Still Tops Money Earners Oprah Winfrey earns a staggering $385 million a year, making her the highest paid celebrity on television, according to the annual star-salary survey in "TV Guide," reports Us Magazine. Other celebrities on the list include "Two and a Half Men" star Charlie Sheen, who brings in $825,000 per episode, and "CSI" star William Peterson, who earns $600,000 per show. Also on the survey are "The Late Show" host David Letterman, who rakes in $32 million a year, and "American Idol" judge Simon Cowell, who makes $50 million a year.
New Fund to Mine Hidden Coalfield Talent A £100,000 programme has been launched to help talented young people in Wales make their mark on the creative and cultural industries. The Coalfields Talent Nurture Fund is designed to support young people from the former coalfields communities, helping them to overcome the financial barriers that are preventing them from developing their talents in the film, TV and music sectors. Awards Scheme Launched for Business Mentoring A new awards scheme has been launched that aims to raise awareness of the value of business mentoring. Run by social networking site horsesmouth.co.uk and sponsored by Yell, the Mentoring Works Award will celebrate the often unsung role mentors play in helping small businesses and start-up companies thrive. The overall winner of the contest will receive a £1,000 cash prize and the chance to have a private mentoring breakfast with a “business hero” of their choice, including Specsavers founder Dame Mary Perkins and co-founder of Coffee Republic Sahar Hashemi. Two runners-up will also get the opportunity of breakfast with one of the “business heroes”. Nominations can be made online, with the contest looking to recognise not just formal mentors, but also supportive colleagues, business peers or even family members. www.horsesmouth.co.uk Workplace Conflicts Worse with Young Male Bosses Many workers are eager for more authority on the job. But new research shows that promotions and power at work also increase conflict with co-workers, particularly when the new boss is a younger man. Researchers from the University of Toronto studied job authority and personal conflicts at work by gathering data from 1,785 U.S. adults in a national survey on work and stress. The research was designed to determine why some workers experience more interpersonal difficulties than others. Overall, the investigators found, people in supervisory positions reported the most workplace conflict. But conflict was highest among young workers, particularly if they were male. Men who held supervisory roles in their early 40s or younger were far more likely to report high levels of conflict than older men. Reports of conflict dropped markedly if the boss was in his 60s. For women, overall conflict was lower than for men, and the age of a woman supervisor didn't have a pronounced effect on her reported levels of interpersonal conflict. Overall, said the report's authors, the conflict associated with authority is worse for younger workers. Ashoka's Changemakers and Staples Launch "Youth Social Entrepreneur" Competition In a joint effort to recognize young people making a positive impact on society, Ashoka, the world's community of leading social entrepreneurs, and Staples, the world's largest office products company, have announced the launch of the Ashoka's Changemakers "Youth Social Entrepreneur" online competition. The Changemakers website provides a place for young people within the Ashoka global network to explain how they are leading positive change and planning on making an impact within their communities. Youth leaders who enter the competition on Changemakers.net have an opportunity to win a global prize or be considered for a $1,000 Youth Venture grant to advance their projects. Four finalists, from entries submitted by applicants in France and the United States, will be chosen by an elite panel of judges for their outstanding impact, innovation and potential, and will be flown to Boston, MA, to be recognized during a special ceremony in their honor on November 20, 2008 at Staples' headquarters in Framingham, MA. The Staples grand prize winning team, which will be announced during the ceremony, will receive a suite of Staples products to help run their Venture, valued at $5,000. Youth Venture is an Ashoka initiative that is catalyzing and investing in a movement of young changemakers all over the world who are taking action by identifying problems and creating Ventures to create positive change in their communities. Staples began its support of Youth Venture in 2006 through Staples Foundation for Learning, a private charitable foundation created by Staples, Inc. The competition website is http://www.changemakers.net/competition/StaplesYV. UK Universities Challenged To Champion Entrepreneurs Five universities across the North West are to share almost £1 million funding in a drive to increase entrepreneurship amongst the region's graduates. The institutions have been named as Enterprise Champions and will provide students who have innovative business ideas with the support and advice they need to turn them into real profit-making enterprises. North West Development Agency (NWDA) has made £930,000 available to the institutions in order for them to support graduate start-ups and promote an enterprise culture. According to the Agency, with an enterprise gap in the North West, the area needs more business start-ups to help reach the national average and help boost its GVA. This project will support fresh ideas at an early stage and encourage graduates to take their entrepreneurial plans forward to profit making businesses. The five institutions named as Enterprise Champions are: University of Liverpool; University of Salford; University of Cumbria; Manchester Metropolitan University; and Liverpool John Moores University. Depending on the success of the initial phase of Enterprise Champions, it is possible more universities in the region will become involved with the project at a later stage. Source: NWDA Virginia Tech Spending $899K to Increase Diversity Virginia Tech plans to spend $899,000 over the next five years to increase ethnic diversity on its campus, The Associated Press reports. The school will spend the money implementing task-force recommendations that call for hiring additional faculty members, creating broader recruitment efforts to attract Black, Latino, Asian-American and American Indian students, outreach programs and curriculum changes. Virginia Tech's Black student enrolment was 4.6 percent last fall, the third-lowest among the state's 15 four-year public universities, according to The State Council of Higher Education, The Associated Press reports.
Oxford University Press Partners with Mandela Rhodes Foundation to Promote Scholarship The Mandela Rhodes Foundation (MRF) and the United Kingdom-owned Oxford University Press (OUP) have signed an innovative partnership which will seek to promote leadership and scholarship in Africa. The partnership, which was signed by former president Nelson Mandela and Oxford University's Vice-Chancellor John Hood, entails a 25.1 percent share transfer from Oxford University Press to the MRF. This partnership will see at least 18 scholars benefit from financial and educational support within the first five years. According to the Foundation, the partnership deal will build a permanent endowment to ensure that the Mandela Rhodes Scholarships continue to perpetuity. The Foundation aims to have hundreds of scholars from around the African continent by 2012. The OUP is deeply committed to further education, research and scholarship around the world, particularly in the African continent. The Chief Executive of MRF, Shaun Johnson, said the Foundation aims to help scholars get the tools to be leaders in South Africa and across the continent and reflect the example of ethical, excellent and inclusive leadership that Mr. Mandela has set for the nation. OUP has close links with South Africa such as scholarly interchanges, the Rhodes Scholarship programme and the conferment of Honorary degrees. Credit Crunch affects UK Top Executives' Pay Salary rises at executive level are slowing as the economic slowdown takes its toll, according to a new report. The report by business advisory firm Deloitte found that salary increases for FTSE-350 executive directors have reduced compared with last year. The median increase is now 6.2 per cent, compared with 7 per cent a year ago. According to Deloitte, executive salary increases during 2007 were still around 2 per cent higher than increases in the Retail Prices Index and average earnings, but we are starting to see the impact of a tougher economic climate on salary increases. The report also found that remuneration in the top UK companies was moving away from the rest of the FTSE-100. The typical salary of a chief executive of a top-30 company is well over £30 million, compared with a typical salary of £750,000 in the other FTSE-100 firms. Executive directors in the top 30 companies also have potential incentives worth four times their salary, compared with incentives worth half or three-quarters of their salary in the rest of the FTSE-100. The report is based on the latest FTSE-350 companies' accounts, published in June. Source: IPM Online Home-based Workers Positive about "Crunch" Survival Despite a year's worth of "credit crunch" headlines, self employed home-workers remain positive according to new research released today. Insurer RSA's survey, undertaken in August, interviewed 450 self-employed home-based professionals and found that 29% of respondents described current trading conditions as positive and an additional 38% described conditions as average or no different to normal. When asked about the prospects for their businesses during this economic downturn, one third (34%) of respondents thought they would definitely be able to grow or maintain their level of business. Only 8% of businesses thought they would definitely not be able to grow their business. Home-based professionals are not only optimistic about the future of their businesses; when asked whether they would start-up their business again, over three quarters of respondents said that they definitely would, with only 3% saying that knowing what they know now, they would never start up a business again. The top three benefits of setting up your own business from home were being your own boss (92%), having the freedom and flexibility to decide where you work (84%) and not having to commute, which saves time, cost and stress (83%). Contrary to popular belief having the opportunity to earn more money (51%) and getting to spend more time with the family (59%) came significantly further down the list of benefits. The International Society of Sustainability Professionals Launched This newly created professional association is designed to serve those who work in the sustainability field. By bridging frameworks, sectors, philosophies, and geographic areas, ISSP members will take sustainability to the next level. Many colleagues have expressed a desire to connect with others who are doing this work to support and learn from one another. ISSP was created to respond to the need for networking, professional development and standardization in this burgeoning field. By leveraging technology ISSP is able to provide the services normally associated with a professional association in a more timely and environmentally responsible manner. http://sustainabilityprofessionals.org
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News from the UK and around the world Bradford University Encourages UK students to Study Abroad The University of Bradford is tackling the problem of low outward student mobility head-on by offering home students travel awards to subsidise overseas study programmes. Encouraging UK students to study abroad is not a new issue and it continues to be a bugbear for many UK universities keen for home students to spend part of their degree overseas. The UK sent just 7,235 students on Erasmus programmes in 2006-07, while France, Germany and Spain all have more than 20,000 students on the move (although 8,500 Brits studied in the US at all levels in 2006-07). While take-up on Bradford’s Erasmus scheme has increased, student participation on international study abroad programmes remains low. This has prompted the university’s Internationalisation Committee to invest in travel awards to encourage uptake, especially on its transnational courses in Malaysia, India and Singapore. The university hopes that the benefits of studying on a transnational course will be particularly attractive to those students who do not wish to learn another language for academic purposes, but do wish to experience a different culture and education system. Bradford has also introduced fee waivers for UK and EU students studying abroad for a full academic year. This pilot scheme will be reviewed after two years, once its effect on increasing student mobility has been assessed. International students will also have the opportunity to study abroad on exchanges for an academic year at a reduced tuition fee. There is also evidence that study abroad increases student employability: according to an i-graduate report, 29% of employers feel that a graduate with overseas study experience is more employable. Source: International Focus UK Survey finds 54% of Injured Employees Sue Over half of UK employees injured at work have sued their employer, research has found. A survey for insurer RSA found that 11.8 million people have suffered from illness or injury caused by their job in the past year. Of these, 54 per cent have taken legal action, 33 per cent have taken the issue to trade unions and 14 per cent have made complaints to their line managers. The usual suspects of illness caused by work – stress and back problems – affected the majority of the 1,979 respondents. Colin Bradbury, underwriting director at RSA, said: “If there are team members missing or unable to take part in decisions, this can only have a negative effect on the business and involve the company in significant costs. The survey highlights the importance of risk management in safeguarding employees’ health and ensuring a productive workplace. Source: PM Online Call for Nominations for Precious Awards Nominations are invited for the Precious Awards, sponsored by Pearson plc. The Precious Awards serve to promote those inspiring women that generate ideas and turn them into action and change. As well as celebrating female entrepreneurs, the Precious Awards also pay tribute to women that play a leadership role within a large organisation with the Leadership within the Workplace Award. Nominations for the Awards nominations close on September 30. Further information can be found at http://www.preciousawards.com/ where nomination forms can be downloaded. HR Consultancies at Risk in Current Economy Over 1,700 jobs could be lost at HR consultancies over the next year as the firms struggle with economic conditions, according to a study. The third annual Plimsoll Analysis, which assesses the financial health of UK companies, found that 44 of the UK’s 307 HR consultancies were rated as “in danger” of folding within 12 months if they do not make radical changes. Meanwhile, 176 firms were rated as healthy and 87 received a middling ranking. Three-quarters of the consultancies could benefit from reducing their headcount and 15 per cent of them are running at a loss, the research found. The news follows a British Chamber of Commerce survey which suggests overall unemployment could rise by up to 300,000 over the next 12 months as the UK economy experiences a "prolonged and bumpy landing". Skills Support for North East England A £6.4 million funding package to help develop skills in the North East has been given the go ahead. Regional development agency One North East’s board has approved the programme, which will boost the capacity of skills and training providers in the region. The Higher Level Skills Provider Network Continuation project will see the agency working closely with the regional Learning and Skills Council (LSC) and the Higher Education Funding Council for England (HEFCE) to ensure employers can access workers with the necessary skills they need to develop and grow their business. Support will be targeted towards nine priority industries that have been identified in the Regional Economic Strategy (RES) including Chemicals and pharmaceuticals, Automotive, Energy, Defence and marine, Food and drink, Tourism and hospitality and Knowledge intensive business services. For more about the programme contact Sanjee Ratnatunga at One North East on 0191 2296 351. Source: One North East UK to Help African Producers Trade Out Of Poverty The UK food industry is invited to apply for support from a £2 million scheme aiming to increase trade from African suppliers. Provided by the Department for International Development (DFID), the Food Retail Industry Challenge Fund (FRICH) will support the sector in developing new supply chains and business models that help increase the export market for African products. FRICH will enable small, rural African producers to develop their businesses, which will have the knock-on effect of reducing poverty and improving the income of rural African communities. Around seven projects are expected to be supported, with funding able to cover 50% of total project costs. Applying businesses will be expected to match fund the remaining costs from their own resources. All UK-based food industry companies that have links with African agriculture are eligible to apply for the scheme, including supermarkets, food retail brands, food processing firms, importers of African products, and ethical trade organisations. Projects must be led by a private sector organisation and include at least one UK food sector firm, whether they are leading the bid or not. The programme will be managed on DFID’s behalf by Emerging Market Economics Ltd, with interested companies initially asked to submit a concept note by 15 September 2008. For further information about the scheme and to make an application: www.frich.co.uk New Rules to Track Foreign Students in the UK Universities and colleges will be required to keep track of their foreign students and to tell the UK Home Office if any go missing, under new immigration rules published. Universities and colleges must apply for a £400 licence to recruit international students and could be blacklisted if they fail to comply with the regulations. The new plans were announced by the UK Government as part of a major change in the UK visa system. In 2006, a total of 309,000 people from outside Europe came to Britain on student visas. It is estimated that they add about £2.5 billion a year to the UK economy in tuition fees. According to the Home Office, the new rules are designed to cut out ‘bogus’ students and colleges. New MBA Career Book, "More Than Money: Questions Every MBA Needs to Answer" Launched Dr. Mark Albion has published a book “More Than Money: Questions Every MBA Needs to Answer.” This short career guidebook helps aspiring MBAs, MBA students and graduates navigate a fulfilling life of contribution and comfort. The book is based on Dr. Albion's speeches at dozens of business schools each year, many as co-founder of Net Impact. The book includes stories of successful entrepreneurs, including SVN members Elliot Hoffman, CEO of the New Voice of Business, and Joe Sibilia. Mark Albion spent 18 years as a student and professor at Harvard University and its Business School. Dr. Albion left Harvard to develop a community of service-minded MBAs, co-founding Net Impact in 1993. He is the author of the New York Times bestseller ‘Making a Life, Making a Living®’ and ‘True to Yourself: Leading a Values-Based Business’. He has spoken at more than 125 business schools on five continents, for which Business Week magazine dubbed him "the savior of B-school souls." Harvard Business School Offers Executive Education Program On Corporate Social Responsibility Harvard Business School has announced its upcoming session of Corporate Social Responsibility: Strategies to Create Business and Social Value, a program that examines the link between corporate social responsibility and competitive advantage. Now in its fourth year, this annual Executive Education offering will be held October 15–18, 2008, on the HBS campus in Boston. Targeted to senior executives from a broad range of industries, the curriculum focuses on aligning corporate culture and social responsibility strategies. Developed in response to the increasing expectations of consumers, investors, communities, and governments for socially responsible business practices, the program explores the dilemmas, challenges, and complexities inherent in current models of social responsibility. By drawing on real-world case studies, classroom discussions, and the latest research, HBS faculty help senior executives to develop and manage initiatives that integrate both corporate and social values, while producing quantifiable results. Participants also gain exposure to diverse perspectives through interacting with industry guest speakers and developing a network of global peers. Harvard Business School is the leading provider of advanced learning opportunities that strengthen the leadership capacity of individuals and their organizations. Microsoft Launches New Online Resource for Nonprofit Groups Microsoft Corp. has announced the global availability of NGO Connection, a new online resource for thousands of non-profit groups around the world. Driven by feedback from non-profit partners and years of experience working with nongovernmental organizations (NGOs), the online resource is designed to assist NGOs to more efficiently use technology to achieve their goals as well as to encourage networking and coordination of NGO resources across the world. The primary goal of the new online resource is to provide a convenient and easy one-stop shop for technology resources, knowledge sharing, community building and real-life examples for nonprofit organizations. By using simple, non-technical terminology, NGO Connection endeavours to make it easier for NGOs to access the complete range of Microsoft resources and offerings, and help them effectively use other online resources for nonprofit groups. NGO Connection also will be localized into Arabic, French, German, Russian and Spanish in the coming months, bringing the resources of NGO Connection to an even wider audience of NGOs. NGO Connection also makes it easy for NGOs to share best practices and case studies, giving them the option of participating in an online forum where they can engage in dialogues about using technology effectively and share solutions to some of their common challenges. The goal is to help NGOs make the connection between their needs and how to solve them with technology. Research Identifies a New Breed of US 'Greenfluencers' A comprehensive study of nearly 12,000 U.S. adults conducted by Porter Novelli, a global communications agency, revealed that a small but powerful group of consumers - "Greenfluencers" - are driving trends and shaping purchasing decisions in the mass market. Unlike their counterparts in earlier environmental movements, Greenfluencers are not third-party experts or full-time advocates with a laser-like focus on advancing a specific agenda. Rather, this new highly influential group, which amounts to roughly 4% of the U.S. population, is young, racially diverse and outspoken on a variety of social and political issues. And while Greenfluencers are more eco-savvy than their peers, they are still relatively mainstream in their lifestyle choices (e.g., big-box retail shoppers and heavy TV watchers). This accessibility combined with a high level of social connectivity has enabled this group to become the voice of authority on the sustainable lifestyle. Specifically: Greenfluencers are asked by friends on a regular basis (almost every day) for expert advice. Compared with the general population, almost three times as many Greenfluencers read blogs, post comments and participate in online chats and discussions (20 percent versus 7 percent). Within the past 12 months, 41 percent of Greenfluencers contacted their senator or congressman. Infrastructure Investment for South West More than £12 million is being made available for a series of infrastructure improvements that will help unlock the South West’s business potential and improve facilities across the region. The cash injections are the first to be agreed from the South West Regional Development Agency’s (SWRDA) new £80 million Regional Infrastructure Fund (RIF). Up to £6.5 million has been allocated to improve junctions 29 and 30 on the M5, which will ease traffic congestion and improve links to the new community at Cranbrook, the proposed Skypark business and science hub in East Devon, and other new housing developments in Exeter. The RIF is the first fund of its kind across the UK and will provide seed investment to speed up the funding process for major infrastructure projects in the region. RIF then recovers its investments as projects take place through local authority-collected Section 106 contributions from private developers. Lying On CVs Is On the Increase Financial institutions pre-employment screening company Powerchex has just released the results of a study which took into account 3,876 job applications submitted to financial institutions in the UK between June 2007 and May 2008. When compared to a sample of 2,960 applications made the year before, the results showed an increase of 30% in the frequency of discrepancies on CVs. The study reveals that some 17% of job applicants within financial services are prepared to tell lies on their CV. Job applicants mainly lie about employment dates, academic qualifications, directorships, bankruptcy, employment titles and duties, ompensation, reasons for leaving and having a criminal record. The study also revealed that embellishments to CVs sent to commercial and investment banks rose 30% in the last year. The greatest increase in untruths was from IT contractors. For the second year running, women have a higher discrepancy rate than men and British applicants have a substantially higher rate of discrepancy than any other nationality type. Maths and finance students have a very low propensity to lie on their CVs, whereas arts and humanities students are the more likely to embellish their CV. www.powerchex.co.uk Marriott International and the KPMG Foundation Give Back to Students Marriott International will launch a $100,000 scholarship fund for diverse students with an interest in the hospitality industry. The Alice S. Marriott scholarship will be managed by the Alpha Kappa Alpha sorority and will award $25,000 to its recipients from 2008 to 2011. The scholarship program--named in honor of cofounder Alice S. Marriott, who founded the Marriott Corp. with her husband, J. Willard Marriott--mirrors the spirit of Marriott, whose passion for philanthropy is an essential part of the hotel corporation's values. The KPMG Foundation awarded $410,000 worth of scholarships in an effort to increase the number of Black, Latino and American Indian Ph.D. recipients and business-school professors. The awards for the 2008--2009 academic year are a part of the Minority Accounting Doctoral Scholarship program. The 41 doctoral students will receive $10,000 scholarships that are renewable for up to five years. To date, the KPMG Foundation has provided financial support for three-fourths of all accounting doctoral students from traditionally underrepresented groups in the U.S., totaling $8.6 million in scholarships. Source: Diversity Inc. Call for Entries for World of Learning Awards 2008 The search is on for the most innovative new learning initiatives and exceptional venues as entries are now open for the prestigious World of Learning Awards 2008. The highly competitive Awards, now in their eighth year, are acknowledged as the premier event for honouring learning-specific solutions. The closing date for entries is 5pm on 19 September 2008. The entries are judged by a panel of highly respected independent learning and development experts with tremendous depth of experience and knowledge in the industry. The Awards, in Association with the British Institute of Learning & Development (BILD), include several new categories that reflect the evolution of the learning and development industry. To request entry information or book a table please call +44 (0)20 8394 5171, email
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or download a form from www.learnevents.com Cases to Acas rise by 25% The number of tribunal claims passed to Acas for conciliation has risen by a quarter since last year. The conciliation service’s annual report revealed that it had 227,782 more claims and potential claims to handle. But the report for 2007/08 also found that Acas succeeded in reducing the potential workloads of employment tribunals by 75 per cent. Eighty-one per cent of workplaces reported an improvement in employment relations following intervention by Acas advisers, compared to the 70 per cent target that was set. The report also found that the percentage of users for whom guidance helped solve a problem at work or reassured them they had taken the right course of action was 76 per cent, exceeding the target of 65 per cent. Acas is to receive up to £37million extra funding over the next three years. Source: PM Online More than Half of UK Firms Plan to Cut Jobs The majority of large UK businesses plan to cut jobs in the coming months as a response to the worsening economy, according to research by accountancy KPMG. The survey of 200 senior executives found that 53 per cent said they intended to lay off staff – up from 29 per cent in the March survey – while six out of 10 said they were looking to cut costs generally. The finding is a sign that the economic gloom is broadening, as large-scale redundancies have so far been restricted to financial firms or those linked to the housing market. Seventy-five per cent of respondents said their organisation had been negatively affected by the credit crunch. Only 40 per cent were optimistic about their firm's prospects - down from 60 per cent in the previous quarter. 80 per cent of the organisations who took part in the survey were based outside London, signifying that the credit crunch may finally be hitting home across the UK regions. Skills and Training Shake-Up for Thames Gateway Up to £2.45 billion is to be ploughed into improving education, skills and training across the Thames Gateway in a move that will create new jobs and help meet future skills needs. The cash will be used to implement the Thames Gateway Skills Plan, a package of measures that will be delivered by the Learning and Skills Council (LSC) to equip local people with the necessary training required to fill skills shortages across the region. The skills drive will be spearheaded by chair of Lifelong Learning UK Sir David Melville, who has been appointed as the first Thames Gateway Skills Envoy. Sir David will attempt to bring together business, local authorities and academia for the benefit of local communities. Source: DCLG Gates of Opportunity for Libraries A $1 million first prize is up for grabs in a global learning competition run by the Bill and Melinda Gates Foundation. Through their Global Libraries initiative, the foundation is looking to reward the public library that has best helped to connect their local community to information by providing free access to computers and the internet. The Access to Learning Award is open to entries from all non-United States-based public libraries and similar organisations that allow all members of the public free access to computers and the internet. Applicants should have created innovative new ways to provide at least one of the following services: Free public access to computers and the internet, public training to help users in accessing online information that can help improve their lives, technology training for library staff, outreach projects to underserved communities. Priority will be given to projects that reach out to disadvantaged and underrepresented groups, and the foundation is particularly keen to receive entries from organisations based in developing countries. One of the previous winners of the annual contest was the Northern Territory Library network in Australia, which offered computer access and training to Indigenous Australians, enabling them to create a cultural database celebrating their language and heritage. The deadline for entering the contest is 31 October 2008, with the Access to Learning Award 2009 winner set to be named next August. For more information about the scheme and to enter online: www.gatesfoundation.org Source: j4b Line managers Lack Interview Skills Research has revealed that line managers are not sufficiently involved in the interview process. This is despite HR professionals agreeing that this is important to ensure candidates have a good fit with the job requirements and culture of the company. Over one third of HR professionals said that when line managers were involved in interviewing, they were not as effective as they could be, mainly due to a lack of training and preparation. According to the research by SHL, only 30% of line managers have been provided with any interview training, making it unsurprising that 20% feel nervous beforehand. Some admit that they actually dread it. However, the majority of line managers said they would like to be more involved, to ensure the candidate has the right skills and experience, and fits with the team and company culture. So, employers would be wise to invest more in supporting them during the process. Reassuringly, this opinion is shared by HR managers and directors, with a resounding 90% of them expressing a positive attitude towards line manager involvement in the interview process, as this would free up HR time to dedicate to more strategic activities. On the topic of psychometric testing, the research has found that 35% of line managers don’t see the results. This suggests many don’t have all the information available to make an informed recruitment decision, and of those who do see assessment results, only half say they fully understand them. Some admit a complete lack of understanding. Radical Revamp for Social Enterprise Support Scheme An initiative that offers loan finance of up to £250,000 to charities and social enterprises in England has been re-launched. Formerly known as the Local Investment Fund, The Social Enterprise Loan Fund (TSELF) is a joint venture between the Department for Communities and Local Government and the NatWest Bank. The previous programme had generated more than £2 million of private sector investment and provided £7 million worth of loans to more than 150 community organisations during its 14-year lifespan. Now renamed and rebranded, with a new website and organisational structure, TSELF hopes to build on this track record and offer more assistance to organisations that operate with a social purpose and who struggle to raise finance from traditional sources. TSELF can provide three to ten-year loans of up to £250,000 which can be used for purchasing and improving property, buying other fixed assets, or as working capital. www.tself.org.uk Small Business and Academic Worlds Closer than Ever Over the past five years, the links between the academic and small business worlds have increased, according to a survey carried out by the University of Nottingham. The UK Business Barometer, an internet survey run by The University of Nottingham Institute for Enterprise and Innovation (UNIEI) found that 49 per cent of companies surveyed had had a business contact with a university in the previous 12 months. Only 26 per cent of respondents said they had ‘never’ had a business contact with a university — down from 47 per cent when the same question was asked as part of the UK Business Barometer (UKBB) survey in 2003. The results show a widening spread of contacts between the business sector and universities, as more companies establish links with higher education and more academics become involved in areas such as expert consultancy, research collaborations, technology transfer and other fields. The findings follow a national consultation to build stronger and more flexible links between business and universities, launched in April by Minister of State for Higher Education, Bill Rammell. One in 10 Parents House Grown-Up Children Nearly 1 in 10 parents have grown-up children still living with them rent-free, sometimes with their grandchildren, reveals a report by research firm Mintel. 1 in 4 regularly offers financial support to their children with the same proportion providing childcare services for their working offspring. On the positive side, rising childcare costs and mothers returning to work means that the youngest generation are spending much more time with their grandparents. Bad Spelling tops Employers’ List of CV Pet Hates A recent poll from Select Appointments has revealed that misspelt words are top of the chart when it comes to employers’ pet hates. Select, part of Randstad, has highlighted the factors most likely to irritate a potential employer when considering an applicant’s CV. Spelling mistakes were by far the biggest pet hate with 54 per cent of employers polled citing this as their biggest irritation. 17 per cent admitted to being annoyed by a bad layout, and 16 per cent said they are turned off if an applicant’s resume is too long. At the other end of the scale, only 1 in 10 employers identified the use of ‘buzz words’ as a pet gripe. Nicola Severn, spokesperson for Select, said: "Although it is obvious from the research commissioned by the Spelling Society that many individuals are not as competent at spelling as they would like to be, when constructing a CV attention to detail is vital. Basic spell check facilities are available on the vast majority of modern computers and as such there is no excuse for sloppy spelling. A CV should be seen as a chance to shine. It is a direct reflection of the applicant and if the CV is considered inaccurate or badly organised, there is a danger the applicant will be too." Source: Recruitment Matters Minorities under 20 Often a Majority of the US Population Foreshadowing the nation’s changing makeup, one in four American counties have passed or are approaching the tipping point where black, Hispanic and Asian children constitute a majority of the under-20 population, according to analyses of census figures recently released. Racial and ethnic minorities now account for 43% of Americans under 20. Among people of all ages, minorities make up at least 40% of the population in more than one in six of the nation’s 3,141 counties. The latest population changes by race, ethnicity and age, as of July 1, 2007, were generally marginal compared with the year before. But they confirm the breadth of the nation’s diversity, and suggest that minorities — now about a third of the population — might constitute a majority of all Americans even sooner than projected by census demographers, in 2050. In 2000, black, Hispanic and Asian children under age 20 were at or near a majority in only about one-fifth of the counties and, over all, blacks, Hispanics and Asians accounted for 40% or more of the population in about one in seven counties. Even with the growing diversity, all but one of the 82 counties where blacks make up a majority are in the South (except St. Louis), all but two of the 46 where Hispanics are in the majority are in the South or the West (except the Bronx and Seward, Kan., home to giant meatpacking plants), and four of the five counties with the largest proportion of Asians are in Hawaii (San Francisco rounds out the top five with 33 percent). Source: New York Times
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News from the UK and around the world Flexible Working is the Most Popular Employment Benefit Flexible working arrangements for parents with young children are the most popular arrangements/benefits that organisations surveyed offer (61% and 60% respectively). This varies between the different sectors. Over four in five employers (84%) cite job-sharing as the most offered benefit/arrangement in the public sector, whereas in the private sector and voluntary sector, ‘working from home’ is the most offered arrangement (56% and 64% respectively). Top reasons given by organisations surveyed for working from home are to increase organisational flexibility (68%), retain workforce/widen the talent pool (55%) and to meet employee demand (54%). Among organisations that offer working from home, over half of employers (57%) say they occasionally accept requests for fixed arrangements to work from home, and a quarter (26%) say they frequently accept such requests. Homeworking requests are accepted more regularly in the public sector than the private sector. Thirty-five per cent of public sector organisations frequently accept requests, compared with 21% of private sector organisations. Only a tenth of employers (12%) say they never accept these requests. Two-thirds (65%) of employers surveyed say their organisations help with the costs associated with homeworking. This is more evident in the private sector, where 69% of employers provide this compared with 59% in the public sector. Most of this support comes in the provision of operational facilities: laptop (92%), mobile (79%), technical helpline/assistance with any technical problems (60%), broadband access subsidy (54%) and printer (50%). Looking into the future, over half of employers surveyed say that the level of homeworking at their organisations will stay the same (58%). Just over a quarter (27%) say it will increase, with only 2% believing it will decrease. About a quarter (23%) of employers say tax or National Insurance exemptions from IT facilities would act as an incentive to increase homeworking opportunities among employees. This view is shared among the private sector and public sector employers – both 24%. Two in five (39%) organisations surveyed say attitudes of senior management towards homeworking have changed positively in the last five years. Half believe attitudes have not changed within this time, and only 6% think that their senior managers have become more negative towards it. Source: CIPD Labour Market Outlook Report. Talent Shortages Remain Despite Slowdown Talent shortages are a crucial issue for employers in an economic downturn, according to research by talent management specialist Taleo. Some 76% of R professionals believed shortages will remain or worsen as the economy slows, while 63% said that quality of hire is more of a priority as a result, found the study ‘Unified Talent Management: Critical to UK business’. The findings also showed that the long-term demographic trends that have caused the ‘war for talent’ outweighed short-term economic factors. Source: People Management. London is the Worst for Sickness Absence A third of Londoners admit to regularly missing work through sick days, making the capital the worst place in Britain for unauthorized absences, according to a survey by market research firm TNS. Some 33% of London workers occasionally phone in sick when they are not ill, compared with 19% nationally, a survey has found. One worker in 12 said they did no at least three times a year – twice the national average. A separate study by the CBI and insurance company AXA found 12% of the 172 million work days lost to absence were likely to be ‘sickies’, costing the economy £1.6 billion. White middle-class women have the best chance of getting top degrees at London universities. Research published shows that women outperformed men in almost every subject, with 59% of Firsts and 2:1s going to women last year. The Recruiters Guide to Courses and Campuses research also found that white students – whether male or female – got better degrees even at London universities with high proportions of ethnic minorities. Salary Survey reveals 17% Ethnic Pay Gap among Solicitors Black and minority ethnic solicitors earn 17% less than white solicitors, while women solicitors earn 7.6% less than their male counterparts, new research published by the Law Society has revealed. The survey, conducted by the Society’s Strategic Research Unit during October 2007 found white male solicitors earned an average of £50,000 and BME solicitors an average of £40,000 a year – an overall pay gap of 20%. After allowing for variables including grade, gender, firm size, region, post-qualification experience and hours worked, the salary gap narrowed to 17%. Researchers quizzed 1,201 solicitors, 9% of whom were BME solicitors and 43% were female. Pilot Project to Support High Fliers A groundbreaking scheme to support the development and retention of graduates working for North Staffordshire businesses has been announced. Funded by Advantage West Midlands, the Graduate Works project will support up to 25 graduates in the region, and provide them with the intensive training necessary to develop the skills needed to improve the productivity of the firms they are working for. It is hoped the scheme will lead to more talented professionals choosing North Staffordshire as a place to work, as opposed to more established business hubs such as Birmingham and Manchester. The project will be run by finest, the network for professional service firms at North Staffordshire Chamber of Commerce, and will be rolled out across the West Midlands if it proves to be successful.
Advantage West Midlands chairman Nick Paul said that the area needs to increase the number of graduates employed in the private sector by 4,000 each year and that stopping the brain-drain of talent away from the region was vital to help close the £10 billion output gap the West Midlands has compared to the national average. Source: Advantage West Midlands, 18/06/2008 MAPping out Skills Success Northern Irish SMEs are invited to apply for a new skills scheme that can offer up to £6,000 funding to carry out management training initiatives. The Management Analysis and Planning (MAP) programme, provided by the Department of Employment and Learning, aims to help firms identify managerial skills and development needs. The programme offers free consultancy support to enable companies to recognise skills shortages, then offers financial support of up to 40% of the costs – to a maximum of £6,000 – to carry out the necessary training required. Successful firms will become more focused and systematic in their approach, understand the strengths, weaknesses and areas which the business needs to improve, and be encouraged to work towards achieving the Investors in People standard. The MAP programme is open to businesses in Northern Ireland that employ between 10 and 250 people and that have not achieved the Investors in People standard. Source: j4b, 17/06/2008 London 38th in Global Cities League The latest survey of the quality of life in 215 global cities puts London in 38th place- an improvement of one over the 2007 table. The survey is conducted each year by Mercer to advise their multinational clients and takes into account a wide number of factors including the political, social, cultural and economic environment, health, education, public services, transport, recreation and the availability of consumer goods. The survey says that even when weighed against its “extensive range of theatre, music and other cultural events as well as an excellent choice of restaurants” is its “high cost of housing”, along with traffic congestion and crime. The Times says that the higher echelons of the list are dominated by slightly dull, safe German and Swiss cities with Zurich top, followed by Vienna and Geneva joint 2nd, Vancouver 4th, Auckland 5th, Dusseldorf 6th, Munich and Frankfurt joint 7th, Bern 9th and Sydney 10th. In the UK Glasgow and Birmingham are joint 56th. 86% of Organisations Experiencing Recruitment Difficulties According to the 2008 CIPD Recruitment, Retention and Turnover survey current and emerging trends in people resourcing practice, 86% of organisations still experience recruitment difficulties. This annual benchmarking survey is based on 779 respondent organisations from the UK and relates to the period 1 January to 31 December 2007. The key reasons for recruitment difficulties, similar to last year, are a lack of necessary specialist skills in candidates (70%), followed by higher pay expectations (44%) and insufficient experience of candidates (42%). The survey also showed that appointing people who have the potential to grow but who currently don’t have all that’s required is the most frequently used initiative to overcome recruitment difficulties (75%). Although only half of the survey participants report having a formal resourcing strategy, eight in ten respondents cite attracting and recruiting key staff to the organisation as the main objective of their resourcing activities. Enabling the achievement of the organisation’s strategic goals (58%) and meeting future skills requirements (46%) are the second and third most important resourcing objectives according to survey participants. Also highlighted was the fact that recruitment initiatives having a positive impact on tackling recruitment difficulties include: providing additional training to allow internal staff to fill posts (75%), providing a realistic job preview (72%) and using the employer brand as a recruitment tool (71%). Just 32% of organisations say they make use of talent banks (ready candidate details saved electronically) before looking to recruit externally. In terms of attracting and selecting candidates, the survey showed that the most favoured methods were recruitment agencies (78%) followed by using the company’s own corporate website (75%) and local newspaper advertisements (74%) are the most common methods being used to attract candidates. The most frequently used selection methods include: interviews based on the contents of the CV/application form (72%), followed by competency-based interviews (65%). The average recruitment cost of filling a vacancy per employee is £4,667, increasing to £5,800 when organisations are also calculating the associated labour turnover costs. Source: CIPD Elsevier Foundation Seeks Grant Proposals for Libraries The Elsevier Foundation is seeking grant proposals for its Innovative Libraries in Developing Countries and New Scholars programs. Grant proposals for the two programs sponsored by Elsevier, a leading global publisher of scientific, technical and medical information products and services, are due by September 15, 2008. The grants will be awarded in December 2008 and provide one, two and three year awards between US$5,000 to US$50,000 per year. The program for Innovative Libraries in Developing Countries helps libraries enhance the quality of life in developing countries by improving their ability put scientific, technical and medical information to work for those who need it. The New Scholars program helps the academic and research communities create model programs to help scholars in the early stages of their careers balance childcare and family responsibilities with the demanding academic careers in science, health and technology. The Elsevier Foundation provides grants to institutions around the world, with a focus on support for the world's libraries and for scholars in the early stages of their careers. Since its inception, the Foundation has awarded more than 50 grants worth over a million dollars to non-profit organizations working in these fields. For more information on the program requirements and details of how to submit a proposal please visit http://www.elsevierfoundation.org/index.html Oxford stays on top of UK University Rankings The latest issue of The Times Good University Guide once again makes Oxford the top university, followed by Cambridge, Imperial College, London, London School of Economics, St Andrews, Warwick, University College London, Durham, York and Bristol. The top of the table is dominated by the Russell Group research-intensive universities who take 12 of the top 20 places. Among the new universities Robert Gordon in Aberdeen is the best-placed at 54th with Oxford Brookes, the top new university in England, one place lower. The biggest movers are York (up from 16 to 9), Leicester (up from 21 to 14), Lancaster (up from 27 to 19) and Glasgow (from 31 to 20=). High Levels of Immigration Good for the UK Economy The report 'Migration Myths: Employment, Wages and Labour Market Performance' from The Work debunks the myths about the impact of migration on employment and wages. It shows that wages have not fallen because migrants are willing to work for less - including in key sectors such as construction and hotels. The rising National Minimum Wage has protected the most vulnerable and established a strong pay floor in the labour market. There has been no significant impact on unemployment, including youth unemployment. If there are any 'losers', they are to be found amongst the 'workless households' (families where no working age adult has a job) and amongst an earlier generation of migrant workers. The report also argues that the UK has the right policies in place (liberal product markets and flexible labour markets) to ensure that migrants find jobs quickly. The report recommends that all employment rights, including the National Minimum Wage, must be properly enforced to protect migrant workers at risk of exploitation. It appeals to the UK Government to devote sustained attention to producing high quality, consistent data and sharing it across departments and agencies. It says that too many different data sources on immigration create conflicting statistics and can feed an impression of chaos. The Government is right to base its managed migration policy on a points system, the report says. This is much better than an annual 'cap' on the number of migrants to be admitted, which fails to take account of employers' demand for labour and changing economic circumstances. White Working-Class boys in UK Reluctant to attend University A research study commissioned by the Department for Innovation, Universities and Skills shows that white teenagers are significantly less likely to go to university than their peers from ethnic minority groups, even when they have the same qualifications at A’ level. The difference is most pronounced amongst men from deprived households and suggests the emergence of an underclass of white working-class men who risk being locked out of higher education and marginalised over jobs. The study found that 23 per cent of white males intended to go to university, compared to 65 per cent of Chinese, 66 per cent of Indian and 43 per cent of black African boys. The only minority groups less likely to attend university than whites were those classified as black Caribbean and black other. Another factor is that males are being left behind in the drive to educate more young people to degree level. Women were in a minority at university until 1992, but since then the balance has shifted. Last year the proportion of young males studying at university fell from 37 per cent in 1999 to 35 per cent. Among women the figure rose from 41 per cent in 1999 to 45 per cent. 38 Black US Students Receive Prestigious UNCF/Merck Science Initiative Award The United Negro College Fund, America’s oldest and most successful minority higher education assistance organization, and the global research-based pharmaceutical company Merck & Co., Inc., have announced awards of scholarships and fellowships to 38 African-American student recipients of the UNCF/Merck Science Initiative award, during the 2008 UNCF/Merck Fellows Day. Targeting students pursuing careers in biomedical research at the undergraduate, graduate and postdoctoral levels, the science initiative was first announced in 1995 with a 10-year $20 million grant from Merck to UNCF. Supported by the Merck Institute for Science Education and Merck Research Laboratories, in 2006, the UNCF/Merck Science Initiative program was renewed to provide more than $13 million in scholarship grants over five years through 2010. Each year, the initiative has provided scholarships and fellowships to promising science students, enhancing their potential with financial support, hands-on training, close mentoring relationships and institutional support. To date, 479 scholarships and fellowships have been awarded to promising African-American students through a competitive application process that selects candidates based on their academic achievements and their potential in the field of biomedical research. Fellows have gone on to pursue careers in a wide range of disciplines, from biochemistry and microbiology to pharmacology, neuroscience, biophysics, chemistry and bioengineering. African Americans, American Indians, and Latinos constitute 30 percent of the nation's undergraduate students, a proportion that is expected to grow to 32 percent in 2010 and 38 percent by 2025. During the past 10 years, African Americans have made up only three percent of the Ph.D.s in biological/biomedical sciences and chemistry. During the same time period, more than 14 percent of Ph.D.s in all life sciences and physical sciences has a bachelor’s degree from one of UNCF’s 39 member Institutions, which represent private historically black colleges and universities. The 2008 UNCF/Merck Fellows will receive awards ranging from $25,000 to $85,000 each. Chosen for their academic achievements and potential in the field of biomedical research, award recipients were selected from a highly competitive pool of applicants from across the nation. Deloitte Foundation Pledges $1 million to Accounting Education The Deloitte Foundation, the non-profit arm of leading professional services firm Deloitte, has renewed its commitment to addressing the accounting Ph.D. faculty shortage by pledging $500,000 to the American Accounting Association (AAA)/Deloitte/J. Michael Cook Doctoral Consortium and to supporting educational programs for accounting professors by pledging $500,000 to the Robert M. Trueblood Seminars for Professors. The $1 million gift to the AAA will fund approximately four years of doctoral consortia as well as the 2009 and 2010 Trueblood Seminars. The 38th Annual AAA Doctoral Consortium, a week-long program on accounting research and education for more than 80 of the nation's top accounting Ph.D. students, kicks off on June 18, 2008, in Tahoe City, California. With too few students choosing to pursue an accounting doctoral degree, there is a shortage of future Ph.D.s in the pipeline as well as in the current marketplace to replace the rising number of retirees. Several studies have shown that the shortage will become more severe in the coming years and could potentially threaten the sustainability of accounting degree programs. The shortage is particularly acute in the areas of audit and tax. By funding key Ph.D. education initiatives, such as the Doctoral Fellowship and Doctoral Consortium programs, the Foundation is hoping to alleviate some of the issues contributing to the increased scarcity of accounting faculty. The Deloitte Foundation is a not-for-profit organization that supports teaching, research and curriculum innovation in accounting, business and related fields within the United States. Demotivation leads to Employee Instability New research has revealed that one in three UK employees is demotivated at work, and, significantly, 43% are considering taking action and leaving their job in the next 12 months. The research, which carried out by YouGov on behalf of Investors in People UK, found that the top three demotivating factors for employees were an unreasonable workload (18%), feeling underpaid (18%) and a lack of clear career path (17%). Overall, nearly half of employees (44%) claim their organisation has failed to continue supporting their career development beyond their initial induction period. Over a quarter (28%) of employees also said they felt unsupported by their managers. Commenting on the findings, Simon Jones, Chief Executive at Investors in People UK, said, “This research reveals a worrying picture, not only because such a significant proportion of UK employees are demotivated, but because it suggests that valuable employees may be heading for the door. It’s also important to highlight that employees that have been with an organisation for just one to two years are most likely to want to leave, given nearly half claim their employers focus their efforts on the initial induction stage but then, as employees settle in, let employee development fall down the list of priorities.” The research encourages employers to provide support when it comes to mapping out career paths and identifying relevant training and development as those that don’t, risk losing valuable talent and experience. Source: Recruitment Matters. UK Small Business Owners Remain Optimistic A survey of small business owners undertaken by Deloitte and the London Business School has found that they remain optimistic about their prospects for the rest of the year, despite the gathering storm of the credit squeeze. The report reveals that just over half of the company heads interviewed had already been hit but that 45 per cent still expected revenue growth to exceed 20 per cent this year. Tony Cohen, head of entrepreneurial business for Deloitte, says that the resilience in the face of one of the toughest environments for many years is partly due to the innate optimism of many entrepreneurs. Others have likened the current tightening of the credit markets as a slow-motion car crash, which will inevitably catch up with smaller, high-growth businesses. Duncan Cheatle, founder of The Supper Club, a networking group for high-growth businesses, says that his members are cautiously optimistic, although those that require funding are finding the process hard. Those that have had to borrow have found lenders linking offers to Libor instead of the lower base rate. Source: Financial Times. Low-skilled British workers are Unemployable and Lack Motivation The arrival of an estimated one million eastern European migrants has not increased unemployment among native Britons or lowered their wages according to a study published by the Department of Work and Pensions (DWP). It says that while migrants from the eight former Soviet bloc states that joined the EU in 2004 found it easy to find work, Britons encountered difficulties because of “issues around basic employability, skills, incentives and motivation”. The study calls for government policy to help low-skilled Britons by ensuring that they look for available work and providing education and training to make them employable. Home Office studies have highlighted how employers preferred the general attitude and work ethic of the eastern Europeans to those of British workers. One study said that migrant workers “tended to be more motivated, reliable and committed than domestic workers”. Hotel and catering employers said that they could not find British workers willing to work flexible hours. Separate Home Office research shows that immigration has contributed £1,650 to every British person’s output over the past ten years. The DWP study, which was carried out by Jonathan Portes, the department’s chief economist, and Sara Lemos of Leicester University, says that there is no evidence that immigration has any negative impacts on the labour market. David Frost, director-general of the British Chambers of Commerce, said that the reluctance of Britons to work was due to the benefits culture and that migrant workers had served both business and the economy extremely well in recent years. Half of UK Firms Lack Management Expertise The UK’s biggest skills shortages are in management, with half of UK organisations claiming to struggle with gaps in expertise at management level, according to a snap poll carried out by People Management. The research also shows that while most organisations (81 per cent) are experiencing skills shortages in general, many HR departments are failing to tackle the problem effectively. Only 20 per cent of respondents said they had a talent management programme in place – perhaps surprising considering the war for talent is a major concern for organisations worldwide. And 11 per cent of respondents said they had got involved with the relevant sector skills council in an attempt to address the shortages. However, HR professionals appear op
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