Published on : Jan 25, 2018
Albany, New York, January 25, 2018: In the present time, employees in the UK are increasingly trying to strike a balance between work and lifestyle in order to improve their health and wellbeing, and some companies are particularly good at facilitating this work-life balance. Market Research Hub (MRH) has recently added a new forecast study titled “The Working Life – UK - January 2018” to its massive repository, which analyzes that the UK workforce has sustained to grow in recent years, while unemployment has tumbled to record troughs. This research report has tried to dig into the areas of economic stability, productivity growth and present scenario of working life of people in U.K. to give a crystal clear picture to readers.
Report Offerings & Key Facts
The research report includes a systematic overview of the market, along with a clear market definition followed by an executive summary. It also discusses consumer perspective, market driver, factors and issues pertaining to the UK’s productivity. Furthermore, it also discusses various opportunities, trends and innovations, which can actually enhance the working life balance of consumers in the years to come.
Customers in such an advanced economy expect to receive service at times that suit them, which in turn requires many employees to work extra hours. Also, Brits struggle for down-time. UK organizations are, however, becoming ever more aware of the business case for a positive work-life balance and many of them are implementing policies intended to reduce the pressure of work on private life. They are helping the workforce get more sleep. The research also finds that there is a rise of the long-distance commuter. Over half of all commuters drive themselves to work. Most of the people are getting benefits of working from home, women are more likely to be in part-time work. Similarly, women drive self-employment figures.
One of the major market drivers is that unemployment continues to fall but inflation threatens to pinch earnings. However, while this is definitely a positive economic indicator, the UK continues to struggle with poor productivity stages, with productivity growth only hitting pre-recession levels in Q3 of 2017. Increased workplace flexibility and a focus on improving work/life balance could now help re-energize the burnt-out workforce, and foster improved economic growth in the coming years.
Moreover, readers are also offered insights into consumer behavior and attitudes towards their working life schedule. Overall, the report offers comprehensive study on the UK’s working populace, offering the key trends and factors that can play a crucial role in the future direction of this market.
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