Office take-up in Central London looks set to grow despite Brexit looming

Office take-up in Central London looks set to grow despite Brexit looming

Continuing demand for office space within the Central London commercial property market has helped dispel pessimism about the future of London post-Brexit, according to the latest figures from Savills. Take-up of office space in the City of London reached 5.1 million sq ft at the end of the third quarter of 2018, just 1 percent down on the same point in 2017 and 18 percent up on the 10-year average, while the amount of office space under offer in London’s West End market was 1.9 million sq ft as of the end of September, a new record, which challenges the view that the market is in danger of decline. More →

Digitisation means traditional working day no longer a reality for CEOs

Digitisation means traditional working day no longer a reality for CEOs

Digitisation means traditional working day no longer a reality for CEOsThe rise of data and digitisation has led to the demise of the traditional working day for many CEOs, with a third now checking business analytics first thing in the morning and last thing before they go to bed. This peaks at 54 percent among 25-34 year olds but drops to just 5 percent for leaders over 45, who are much more fixed to their desk. According to the research by Domo (registration required), 80 percent of these leaders prefer to wait until they are in the office to check in. Three quarters (71 percent) of CEOs across the UK and Ireland believe their business could be at risk from current blind spots in data access and skills, however, there is another demographic split. 84 percent of CEOs age 25-34 said it could be a risk, compared to just half of over 55s.

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Top global industries leading the way in remote work

Top global industries leading the way in remote work

More business owners are swapping rigid 9-5 schedules and traditional office environments in favour of flexible space and remote work as an option for saving costs, retaining employees and encouraging a healthy work-life balance. With this in mind, Instant Offices has investigated what industries are leading the way for remote working and how to overcome the typical challenges of managing a remote team.

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Majority of maternity returners say they lack support when they go back to work

Majority of maternity returners say they lack support when they go back to work

Lack of support for maternity returners among UK businesses has been uncovered in a new survey of professional, mainly management-level women. More than four fifths of pregnant women begin their maternity leave unhappy and lacking in confidence about work – and over a third feel so isolated when they return that they want to hand their notice in. MMB, a working parents’ website, surveyed more than 1,000 mothers, 72 percent of whom were in jobs at management level or above.

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Flexible workspace market in Asia-Pacific outpaces global markets

Flexible workspace market in Asia-Pacific outpaces global markets

The flexible workspace market in Asia-Pacific has been the fastest growing in the world over the past 12 months, according to a new study from Instant Offices. Supply of flex centres in the regions key cities has grown consistently above 15 percent with the only inhibitor to growth being a lack of available space for expansion. Supply of flex space increased by 16 percent over the last year with an estimated 8,600 centres now providing flexible office solutions across the APAC region. This influx of capital to the flex market, alongside increasing levels of demand from clients for flexible offices, has enabled rapid expansion in a short period of time. Of the 10 largest global markets for flexible office space, which incorporates co-working, executive suites, serviced offices and hybrid space, six now fall within Asia Pacific.

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Flexible working to contribute £148 billion to UK economy by 2030

Flexible working to contribute £148 billion to UK economy by 2030

A predicted boom in flexible working could contribute £148 billion to the UK economy by 2030, equating to 16 times the cost of the London 2012 Olympics, according to the a socio-economic study of changing workplace practices. The analysis, commissioned by Regus and conducted by independent economists, studied 16 key countries to delve into the state of flexible working now and predictions for 2030.

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Lack of motivation at work impacts both performance and mental health

Lack of motivation at work impacts both performance and mental health

Lack of motivation at work impacts both performance and mental healthOver seven in ten UK employees want their employers to do more to motivate them claims a new study from Reward Gateway which suggests  that some of the alarming effects that being unmotivated has on employees included a worsening in mood (60 percent); reduction in productivity levels (48 percent); declining mental health (46 percent) and a reduction in quality of work (40 percent).  Over a quarter (26 percent) say their relationships with family and friends suffer and 2 in 10 admit to drinking more alcohol when lacking motivation.

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Majority of UK workers sit at their desk between four and nine hours a day

Majority of UK workers sit at their desk between four and nine hours a day

UK office workers may sit at their desk for up to nine hours a day

The majority (81 percent) of UK office workers spend between four and nine hours each day sitting at their desk, equating to an average of 67 sedentary days per person each year, claims a new survey from Fellowes. Nearly half (45 percent) of office workers polled said they sat at their desk for between six and nine hours daily with 36 percent claiming they spent four to six hours seated. On top of this, a huge 64 percent claimed their office environment also had a negative impact on their health.

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Staff would sacrifice workplace benefits for more flexibility

Staff would sacrifice workplace benefits for more flexibility

Staff would sacrifice workplace benefits for more pay and flexibilityWork/life balance, and the ability to take more annual leave, is the top priority for most European workers and 52 percent explicitly see this as an incentive for choosing certain benefits claims research from SD Worx. Employees in France (63 percent) prioritise this the most across the Europe, next is the UK, whilst workers in Austria (36 percent) and the Netherlands (32 percent) are least likely to opt for additional annual leave. Flexible working also plays a significant role in the benefits employees would choose, with home working allowances being a key factor for 21 percent of respondents and 21 percent wanting a laptop or smartphone included in their benefits package. More →

Lack of flexible working means people miss major life events

Lack of flexible working means people miss major life events

A new survey claims that 67 percent of employees have missed major life events due to a lack of flexible working within their organisation. The survey conducted by Liberty Mind, was commissioned to explore the impacts on employees who do not have the opportunity of flexible working. From those surveyed it was found that 40 percent had missed hospital or health-related appointments due to a lack of flexible working, while 15 percent had missed moving house, 10 percent had missed a child’s school activity and 8 percent had missed a family funeral.

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A new deal for dads at work is essential in the quest for gender balance

A new deal for dads at work is essential in the quest for gender balance

New research published by consulting firm Talking Talent claims to identify how it is essential for employers to improve support for working fathers in order to achieve equality for working mothers. Organisations need to go further than setting policy to achieve this – they need working practices that make it easier for employees to share parental responsibilities between mum and dad, according to the report (registration required).  Successfully sharing their role as parents is essential for women to continue the progression of their careers and is key to closing the gender pay gap, according to the study of 7,000 people. But it will only succeed if organisations ensure working dads don’t face exactly the same negative experiences which have stopped working mums progressing in the past. The research claims that over half (52 percent) of working parents, including 26 percent men and 30 percent women, think that their career has slowed down compared to their childless colleagues.

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Third of UK workers claim they are not given the flexibility and support required to do their job

Third of UK workers claim they are not given the flexibility and support required to do their job

A third of UK workers believe they are not given the flexibility and support they need to do their job properly, according to a YouGov survey commissioned by HR and payroll supplier MHR to coincide with National Work Life Week. The survey of 1174 UK employees, which questioned their  thoughts about their employers and company culture, found that 32 percent of employees don’t receive the option to work flexibly. The research claims that a combination of good management and flexible working practices helps to create a positive company culture, inspiring workers and impacting their overall happiness and job satisfaction.

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