Many of Europe’s small firms to reinvent businesses over next five years

Many of Europe’s small firms to reinvent businesses over next five years

Europe’s small and medium sized businesses are fundamentally re-evaluating their market offerings as they aim to keep pace with consumers’ demands in the digital age. According to new research commissioned by Ricoh Europe (registration required), a quarter (24 percent) of the 3,300 business leaders surveyed from across 23 countries expect to sell entirely different products and services within the next five years.

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Just a quarter of workers think #MeToo has permeated workplace culture

Just a quarter of workers think #MeToo has permeated workplace culture

Just a quarter of workers think #MeToo has affected workplace cultureOne year on from #MeToo – just one in four workers agree that international media coverage has helped to improve their workplace culture, according to new research on sexual harassment from Acas. The workplace experts commissioned the study from YouGov to find out whether media reporting on #MeToo and high-profile celebrity cases have had any effect on British workplaces. Only a third (30 percent) of survey respondents believe that incidents of sexual harassment in workplaces have decreased in the last five years. More →

Workers waste too much time in poorly designed offices

Workers waste too much time in poorly designed offices

Workers waste more time in poorly designed offices

One in five UK workers has around two unproductive hours every week caused by poor or inadequate office and work environments, claims new research published today. Disruptive colleagues, no natural light, a lack of coffee and tea facilities and noisy offices are just a few factors cited in the report from Mace and its facilities management arm Mace Macro. Across the whole of the UK the average number of hours lost to unproductive workplaces is 2.4 hours a week, and using Office of National Statistics value of time data, this translates to a cost of £4bn in lost output every year to the UK economy. More →

Demand by investors for UK commercial property remains strong

Demand by investors for UK commercial property remains strong

Demand by investors for UK commercial property remains strongThe level of demand for UK commercial property remains strong, despite continued lack of clarity over Brexit. According to the latest GVA review of commercial property investment market, European investors were more risk averse to the UK market because of the uncertainty caused by Brexit but demand from overseas investors, particular from China and the Far East, strengthened in 2018. Domestic investors have also made a ‘come-back’ to the UK market and have accounted for approximately 12 percent more acquisitions in 2018, compared to the previous year. In the North East, the lack of availability of investment property is one of the biggest factors affecting growth and there remains strong competition, particularly for prime well let assets. Regardless of political uncertainty, the fundamentals of the UK commercial property market will continue to make it an attractive place to invest, with London remaining the number one priority target of investors outside of Europe. Overall, the report concludes, the UK commercial property market will remain attractive with the exception of retail.

Poor mobile coverage in commercial buildings is jeopardising business

Poor mobile coverage in commercial buildings is jeopardising business

Poor mobile coverage in commercial buildings is jeopardising businessesThe majority (89 percent) of employers say in-building mobile coverage is important to their business, but only 17 percent of businesses have full bar indoor mobile coverage, claims a new report. ‘Building Connections’, commissioned by Vilicom argues that as 78 percent of adults own a smartphone and check it every 12 minutes on average, and with the number of UK landlines falling 35 percent from 10m in 2010 to 6.4m in 2017, a lack of mobile coverage seriously threatens productivity, revenue, damage to reputation and customer satisfaction for organisations of all kinds.

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Go Home On Time Day highlights one of the least discussed workplace issues

Go Home On Time Day highlights one of the least discussed workplace issues

Today is National Go Home on Time Day (in Australia at least) and the 10th annual report by The Australia Institute’s Centre for Future Work published to coincide with it estimates that Australian employees will work 3.2 billion hours of unpaid overtime for their employers this year, worth an estimated $106 billion in wages. It’s refreshing to see a figure  applied to this issue, because most of the stuff we get tends to highlight how much time employers are losing to the myriad of distractions, responsibilities, foibles, preferences, cock-ups and ailments that come with giving jobs to humans. An issue we satirise here. More →

UK on target to reach one million women working in STEM fields by 2020

UK on target to reach one million women working in STEM fields by 2020

According to new research by WISE, the campaign for gender balance in science, technology, engineering and mathematics (STEM), the UK is on track to have one million women working in core STEM roles by 2020. The research shows that there are over 900,000 women working in STEM currently and an estimated 200,000 women with STEM qualifications will reach working age within the next 2 years. The news was announced at WISE 2018 Awards presented by the Patron of WISE, HRH, The Princess Royal.

 

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Career opportunities with SMEs are growing, but graduates not convinced

Career opportunities with SMEs are growing, but graduates not convinced

Career opportunities with SMEs are growing but graduates need convincingSmall and mid-sized businesses have hired three times more people than larger businesses over the past five years and could overtake large companies by 2030, according to new analysis of the latest ONS data commissioned by Santander Business Banking. However, separate research commissioned by the bank has found that significant numbers of young people are failing to recognise the significant job opportunities that SMEs offer. Just a third (35 percent) of Generation Z and Millennials leaving full time education say they wish to work for an SME, while an even smaller proportion, just one in six (18 percent), want to work for a start-up or micro business.  More →

Organisations with supportive approach most likely to attract talent

Organisations with supportive approach most likely to attract talent

Employers must raise their offering to meet the demands of millennials, as they reach a pivotal time in their careers and demand their employers stand for a purpose. This is according to the 2018 Organisational Wellbeing & Talent Insights Report from Gallagher which finds that to have any impact with this audience, organisations must demonstrate a strong employer value proposition. This is essentially, ‘how you want to be seen’; a set of values lived by workers, driven from the top down. The best organisations match these goals by becoming ‘destination employers’ that are able to win over talent with a more supportive approach. More →

Employers urged not to think of mental health as a minority issue

Employers urged not to think of mental health as a minority issue

Employers urged not to think of mental health as a minority issue

Following the call yesterday by business leaders for the mandatory provision of mental first aiders at work, new research claims many more workers are affected by mental ill health than usual estimates. Instead of a perceived one in four people affected by mental health, according to the results of new research from Accenture, nine out of ten workers (90 percent) are touched by mental health challenges. Two-thirds (66 percent) have personally experienced mental health challenges and even more — 85 percent — say someone close to them such as a family member, close friend or colleague had experienced them. More →

Investment in London commercial offices unlikely to be changed by Brexit

Investment in London commercial offices unlikely to be changed by Brexit

London’s commercial office appeal unlikely to change because of BrexitInvestment in City of London offices is up by 7.6 percent for the same period last year reaching £9.47 billion as of the end of October 2018 – while the West End market is on track to reach at least £7.4 billion before the year is out. This is up on the £7 billion turnover seen in 2017, according to Savills. Stephen Down, executive director and head of Savills Central London investment team, says: “Demand for central London offices has remained buoyant throughout 2018. While we may not see the year set any new records, annual volumes look set to either surpass or draw very close to those of 2017. More →

Business leaders call for legislation ensuring compulsory mental first aid at work

Business leaders call for legislation ensuring compulsory mental first aid at work

Business leaders call for legislation to establish mental first aid at workBusiness leaders have called today for the Government to update health and safety legislation to protect mental health in the workplace. In an Open Letter to the Prime Minister signed by more than 50 leaders of some of Britain’s biggest employers including PwC, Royal Mail, WHSmith, Mace, Ford and Thames Water calls on the Government to prioritise its manifesto pledge to amend health and safety legislation to put mental and physical first aid on an equal footing. With mental health issues estimated to cost the UK economy almost £35 billion every year as 15.4 million working days are lost to work-related stress, depression or anxiety the letter, signed by the Chairman of Mental Health First Aid England and the CEO of Bauer Media Group, along with leaders of some of the UK’s biggest employers, are asking that workplaces are required to make provision for mental as well as physical first aid.

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