Tag Archives: how much do we work

How working life has changed: future-proofing your finances

The working landscape has changed immensely in the past 50 years, and in many ways is unrecognisable from that of a generation or two ago.

Types of jobs
There are high-frequency job titles that didn’t exist a generation ago, many of them arising from the internet and the rise of technology – web developer, digital marketer, social media manager, SEO specialist and so on – but also elsewhere, such as Zumba instructor, dietician or app builder.

While few job titles have actually bitten the dust, some common in the 60s or 70s are getting more and more harder to find – the ‘traditional’ office secretary, typesetters, milkmen, high street travel agents.

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How much time do we actually work for?

weekend-holiday-no-more-work-300If it’s Olympic year, then it’s Leap Year! And when 29th February comes along, it means of course we’re effectively working an extra day between paydays in the shortest month.

But how much time do we spend working in the UK, compared to other countries?  Some research suggests that many of us work longer hours than we need to. A TUC study in February 2015 found that one in five (20.3 per cent) regularly work extra hours for no pay, with almost £32 billion of unpaid overtime in 2014.

In terms of annual leave, how does the UK rank?
In total, most employees are entitled to 28 days leave a year – which currently comprises 20 statutory (including pro-rata time off for part-time or temporary staff) and eight paid public holidays. Continue reading