Could annualised hours help lift us out of the UK’s productivity plateau? That’s the question posed by flexible working expert Neville Henderson of Pasfield Curran, consultants to Crown Workforce Management.
Historically, UK labour productivity has grown by around two per cent annually but in recent years something has gone wrong… despite ambitious government strategy and £23 billion investment.
Since the 2007 crash, this ‘productivity puzzle’ has baffled economists with low investment, a reduction in the quality of equipment and a lack of lending being cited as possible causes.
Recent research has also shown that UK employees have one of the lowest levels of job satisfaction and that Britain ranks 19 per cent lower than the G7 average.
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