Could a bad credit rating affect your employment?

It’s no mystery that a bad credit rating can make life difficult when you’re applying for a mortgage or a loan. However, if your credit score is less than perfect could there be other implications too? Although employers have to be careful when searching employee personal information and making decisions on the basis of that, credit data is very easy to obtain. So, if you have financial difficulties in your credit history it’s natural to be concerned about whether this might impact on a current or future role. When does your credit rating crop up? Firstly, it’s important to state that in almost every case an employer would need to have the permission of an employee – or candidate – to check their credit rating. Given the effort and admin involved, most employers won’t go to the trouble of carrying out random credit checks on employees to ensure that they’re still doing well so it doesn’t happen often. However, there are certain stages in your career when you could fi


What’s going to happen to the UK jobs market in 2017?

How will employment fare in 2017? Which sectors will grow and which will decline? What will the impact of Brexit be on all of those in and seeking work? The answer depends on which economist or forecasting unit you believe. Some are predicting robust growth throughout the rest of this year while others are predicting subdued growth or even rising unemployment. What are the forecasts about UK jobs? In its annual survey of economists published by the Financial Times in January, a majority of economists said that they expected that growth in the UK economy will slow markedly this year with household incomes suffering because of rising inflation and a majority of businesses postponing or shelving decisions on investment because of Brexit uncertainties. That, say the economists, will have a knock-on effect on the jobs market. Unemployment will start to rise this year as businesses try to cut costs in anticipation of Britain’s exit from the EU. Pressure on household incomes caused by ris

How to earn more from your employment

Increasing your earned income as an employee isn’t an easy task. Short of blackmailing your boss, sometimes it can seem as if there’s no other option than to be stuck at your current level of pay. However, there are some simple ways that you can give yourself a fighting chance of increasing your monthly take home. Whether you choose to stay put at your current job, or move elsewhere, you can make 2017 the year that your professional value goes up. Increasing earned income staying in your current job The key here is to be able to give your employer a reason to increase your salary. That could be anything from highlighting skills they may not have known about, to acquiring new ones. Now: Ask for a pay rise Particularly for women in the workplace, one of the most significant factors in not getting a pay rise is simply not asking for it. Although sectors vary, a Association of Accounting Technicians study found that 61% of women have never asked for a pay rise. So, if you feel like yo