Employers welcome multi-generational workforce but worry about increased risk of conflict

Employers welcome multi-generational workforce but worry about increased risk of conflict

Employers welcome multi-generational workforce but worry about increased risk of conflictImproved living standards, deflating pension pots and legal protection against age discrimination have all helped to nudge up the retirement age. The result is that for the first time since the Industrial Revolution five generations of employees are now working side by side. According to a new survey, two thirds of organisations (66 per cent) say that an age diverse workforce helped the company to have a more comprehensive skillset and knowledge base and more than seven in ten (71 per cent) felt that a multi-generational workforce brought contrasting views to their organisation. However, in the YouGov survey of middle market businesses commissioned by RSM, four in ten companies (41 per cent) said that a multi-generational workforce also increased the risk of conflict in the workplace. More →

Quarter of British workers have a side hustle as well as their main job

Quarter of British workers have a side hustle as well as their main job

Academics at Henley Business School have revealed a growing trend in ‘side hustles’ which shows that as many as 1 in 4 people in the UK are running at least one business project alongside their main day job, contributing an estimated £72 billion to the UK economy. Henley has published a white paper on the emerging side hustle economy. Its study of over 500 business leaders and 1,100 UK adults found the trend is now happening at an unprecedented pace across the UK.  A side hustle is defined as a secondary business or job that brings in, or has potential to bring in, extra income. 73 of people who start a side hustle do so to follow a passion or explore a new challenge, but there are financial benefits too, with side businesses contributing 20 percent to side hustlers’ income.

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Hong Kong Central remains most expensive office market in the World, according To CBRE

Hong Kong Central remains most expensive office market in the World, according To CBRE

Hong Kong Central remains the most expensive office market in the world, according to CBRE’s annual Global Prime Office Occupancy Costs report. Hong Kong Central’s overall prime occupancy costs of US$307 per sq. ft. per year topped the “most expensive” list, followed by London West End (US$235 per sq. ft.), Beijing Finance Street (US$201 per sq. ft.), Hong Kong Kowloon (US$190 per sq. ft.) and Beijing Central Business District (US$189 per sq. ft.).

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A storm brewing around the workplace and facilities management

A storm brewing around the workplace and facilities management

In Shakespeare’s plays, the sky often goes dark and a storm starts to brew as a prelude to tragedy or violence creating a sense of foreboding. And so it was at today’s BIFM AGM in the lead-up to the special resolution to change the name of the institute from the British Institute of Facilities Management to the Institute of Workplace and Facilities Management. After a fire alarm test appositely kicked off the event, sun poured through the windows and ceiling panes of the Friends Meeting House in Manchester as BIFM chairman Steve Roots gave an update on the institute’s performance in 2017 and plans for 2018. As he introduced the format for the three ordinary resolutions, the sun dipped behind a cloud and the room was plunged into gloom causing murmurs of nervous laughter among the 80-strong audience. More →

Employers missing the opportunity to listen to employees ideas for improving business

Employers missing the opportunity to listen to employees ideas for improving business

Employers missing the opportunity to listen to employees ideas for improving businessThe majority (82 percent) of employees have ideas about how their company can help improve the business claims a new survey, but over a third (34 percent) say their ideas are being ignored by their employers. The findings were announced alongside the launch of Sideways 6’s inaugural State of Employee Ideas report, which explores how employees at all levels, at businesses of all sizes, all over the world feel their company treats their ideas also reveals that 39 percent of females felt that their ideas are not being listened to, compared to 30 percent of males. Interestingly, despite the number of ideas they have, many employees remain fearful of voicing them. According to the findings, one fifth (18 percent) of those same ideas are never heard because employees are afraid to put them forward. The results also identified a clear disparity in levels of confidence to put forward ideas between younger and older employees. When surveyed, 64 percent of senior level employees strongly agreed that they have ideas and aren’t afraid to voice them, compared to 42 percent junior level employees.

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BIFM members vote in favour of change of name

BIFM members vote in favour of change of name

Members of the British Institute of Facilities Management have today voted to approve its Board’s recommendation to change the Institute’s name to the Institute of Workplace and Facilities Management (IWFM). A Manifesto for Change unveiled by Chairman Steve Roots on 1 March which set out to reframe facilities management by emphasising its ability to make a real contribution to organisations’ performance has been resoundingly supported by members who today voted overwhelmingly to adopt the new name.

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Open plan offices may discourage communication, claims new study

Open plan offices may discourage communication, claims new study

The usual rationale for open plan offices is that they help people to collaborate more effectively. But this premise is challenged by a new study from researchers at Harvard Business School which suggests that employees at two large Fortune 500 companies actually engaged in less face-to-face contact after switching to entirely open workspaces.  As published in the journal Philosophical Transactions of the Royal Society B, Ethan Bernstein and Stephen Turban sought to conduct a real-world comparison of people’s behaviour in different types of offices to test a hypothesis that open plan layouts reduce communication.

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Responsible office fit-out toolkit published by Building Better Partnerships

Responsible office fit-out toolkit published by Building Better Partnerships

Commercial property trade body Building Better Partnerships (BBP) has today published its latest free industry guidance – Responsible Fit-Out Toolkit: Offices. The Toolkit claims to provide guidance for owners and occupiers on how to integrate sustainability and wellbeing into an office fit-out. The authors claim that while workplace design plays a pivotal role in demonstrating a business’s values and can have an immense impact on the comfort and productivity of those working within and visiting a space, opportunities are rarely fully appreciated.

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IFMA and RICS collaboration announces new board members

IFMA and RICS collaboration announces new board members

The International Facility Management Association UK Chapter has confirmed four new appointments to its Board of Directors, further strengthening its ties with the RICS FM Professional Group as part of the collaboration between what is claimed to be the world’s two largest organisations representing the profession. Joining the IFMA UK Board are four members of the RICS FM Professional Group Board including Rory Murphy FRICS, Commercial Director at VINCI Facilities and RICS World Regional Board Member for UK & Ireland. Murphy is joined by Dennis Markey FRICS, Chief Executive Officer at Gen2 Property, Paul Bagust, Global Property Standards Director for RICS and Stephen Shallcroft FRICS, Director Corporate Real Estate at ARCADIS.

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Over a third of staff say employers fail to invest in next-generation workplace technology

Over a third of staff say employers fail to invest in next-generation workplace technology

Over a third of staff say employers fail to invest in next-generation workplace technologyThe majority of employees are disappointed with their company’s lack of investment in technology, and despite the fact three quarters (76 percent) want to request flexible working – almost half still don’t have the option of working more flexibly, a new report from a technology company claims. According to the survey by technology company Ingram Micro Cloud UK, in collaboration with technology company Microsoft, despite the fact that Millennials and Centennials are often thought to be the driving force behind changing workplace practices – and are often derided in popular discourse for having unreasonable and unrealistic expectations – the calls for change are coming from all segments of the workforce. However, 85 percent of Millennials admit to procuring their own workplace technologies such as instant messaging, Skype, file hosting and sharing tools (all available from Ingram Micro Cloud) that aren’t supported or provided by their employer, which raises major security issues, acco.

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Staff at larger organisations take three times as many sick days as those at micro firms

Staff at larger organisations take three times as many sick days as those at micro firms

absenceEmployers with over 250 employees are more likely to have a significant absence issue among staff says new research from Group Risk Development (GRiD). According to HR decision makers companies with over 250 employees have the highest absence rates – averaging 7.5 days per year yet micro businesses with between 1-9 staff only see their staff take an average of 2.8 days absence per year. Five per cent of HR decision makers also admitted to not recording or monitoring absence at all, although this is more prevalent amongst SMEs (6 percent) than those with over 250 employees (1 percent). More →

New study flags health and wellbeing risks for the self-employed

New study flags health and wellbeing risks for the self-employed

The Good Life Report, a study by AXA Business Insurance into Britain’s boom in self-employment, claims that tradespeople have better than average mental health but their work style brings increased physical risks, particularly high blood pressure. According to the AXA study of self-employed people, those in the building trades report the best mental wellbeing. Just eight per cent say their work causes them stress – four times lower stress rate than among UK workers overall, and half the stress rate for self-employed people in desk-based jobs.
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