June 7, 2023

Flexible working means large firms plan to work with less but better office space

by Jayne Smith • Flexible working, News, Property

Around half of the world’s larger multinationals are planning to cut back on their office estate in response to the rise of flexible and hybrid working, according to a new report from Knight Frank. According to the study, 50 percent of employers with more than 50,000 staff worldwide will reduce their office space by between 10 and 20 percent over the next three years. However smaller firms are set to increase their demand for office space according to the real estate advisor. (more…)

June 6, 2023

Business leaders don’t think higher education prepares people for the workplace

by Jayne Smith • News, Workplace

Most UK business leaders say that higher education doesn’t fully prepare graduates for the workplace, according to a new poll from Multiverse. Yet the survey also suggests that over half (54 percent) of senior leaders at those companies still require degrees for entry-level roles. The findings, which come as part of a global report into business leaders’ attitudes to on-the-job learning, show just a third (32 percent) believe a graduate’s degree grade is one of the top three indicators of their potential. This comes as almost twice as many (59 percent) say they actually learned more valuable skills during their first two years in the workplace than they did during university. (more…)

May 31, 2023

Office refurbishments rise to all time high in London

by Jayne Smith • Facilities management, News, Property

According to the latest London Office Crane Survey from Deloitte, London has seen the highest volume of new office refurbishments since records began in 2005, with 37 new schemes covering 3.2 million sq. ft. The volume of all projects including both office refurbishments and new space is up by almost 80 percent, with the West End continuing to lead the way. The report claims that over 10 million sq. ft. is now projected to be delivered during 2023, with this year on track to catch-up after several years of disruption. (more…)

May 25, 2023

Four million UK employees have changed careers due to a lack of flexible working options

by Jayne Smith • Flexible working, News, Wellbeing

New research from the CIPD suggests that an estimated 4 million people have changed careers due to a lack of flexible working options, while an estimated 2 million have left a job in the last year for the same reason. As a result, the CIPD is warning that businesses may face a talent exodus if they fail to offer more flexible choices to people. The CIPD’s latest report, which explores employee and employer perspectives towards flexible and hybrid working practices, highlights that offering them is key to retaining and attracting staff, addressing the current skills shortage and fostering inclusive workplaces. (more…)

May 24, 2023

Europe not on track to deliver carbon neutral built environment by 2050

by Jayne Smith • Environment, News, Property

It has been one year today (24 May 2023), since the World Green Building Council (WorldGBC) launched a new policy called the EU Policy Whole Life Carbon Roadmap, to help the European Union accelerate total decarbonisation of buildings and construction — the most heavily emitting sector in the world. Now WorldGBC and 12 European Green Building Councils (GBCs) are imploring the EU to implement the Roadmap’s principles at the scale and speed required through the announcement of BuildingLife2, a new project driving what it claims is greater transparency and accountability across the sector as it seeks to achieve the goal of a carbon neutral built environment. (more…)

May 24, 2023

Three quarters of firms have now mandated some form of ‘return to office’

by Jayne Smith • Flexible working, News

A new poll from Unispace claims that around 72 percent of companies globally have now mandated a return to office based work. However, many respondents also report losing key employees due to mandates, with recruitment also being impacted by enforced returns. The report concludes that companies are failing to recognise the drivers of workers’ reluctance to return to the workplace, and likewise, the opportunities and value that the physical workplace provides. (more…)

May 23, 2023

Many people think workplace is a greater source of stress than a relationship breakdown

by Jayne Smith • News, Wellbeing

A new poll claims that workplace stress is seen as having a greater impact by many people, compared to relationship breakdowns. According to the survey conducted by Westfield Health, more than a quarter of workers (27 percent) ranked their job as more stressful than a relationship breakdown (8 percent). These worrying statistics highlight the negative effects of workplace stress on individuals, surpassing even stressful personal circumstances. (more…)

May 19, 2023

Growth in self-employment a good sign of economic recovery

by Jayne Smith • News, Workplace

IPSE (the Association of Independent Professionals and the Self-Employed) has welcomed new figures from the Office for National Statistics (ONS) showing year-on-year growth in self-employment. There are 154,000 more self-employed than this time last year. In total, there are now 4.4 million operating in the UK. The data also revealed a significant rise in the number of women choosing to work for themselves, with an additional 93,000 self-employed women compared to the same time last year. (more…)

May 18, 2023

Four in ten low income working parents have gone into debt to pay for childcare

by Jayne Smith • Flexible working, News, Workplace

A new poll from Working Families in partnership with law firm Pinsent Masons, sets out to highlight the challenges that lower-income parents in the UK face as they balance work and caring for their children. The Working Families Index 2023: Spotlight on lower-income families reveals that many working parents on lower incomes are forced to go into debt, reduce their hours, or leave their jobs altogether due to problems affording and accessing childcare. The report also claims that working mothers on lower incomes take far less maternity leave than the UK average, and that working parents on lower incomes are often locked out of the flexible arrangements they desperately need to stay in work and earn vital income whilst balancing their childcare responsibilities. (more…)

May 18, 2023

Hybrid working averse businesses missing out on €113 billion opportunity

by Jayne Smith • Flexible working, News

European businesses continue to miss out on the full potential of hybrid working, according to a new survey from Ricoh Europe. The research, conducted by Opinium and analysed by CEBR, polled 6,000 workers and 1,500 decision makers across Europe. Business leaders say that workers are, on average, 4 percent more productive in a hybrid culture, equivalent to an additional €113 billion to the European economy compared with pre-pandemic ways of working. (more…)

May 17, 2023

Most people don’t worry that they are about to be replaced by artificial intelligence

by Jayne Smith • News, Technology

Despite all of the recent debate around the rapidly increasing abilities of Artificial Intelligence (AI), a new poll from ID Crypt Global, suggests that more than 80 percent of people have no concern that the technology is going to replace them in the workplace. Thanks to the recent rise of Chat GPT and other rival chatbots, the debate around AI has heated up with people all over the world debating both the good and bad of allowing autonomous technology into our lives, homes, and workplaces. (more…)

May 17, 2023

APAC region leads the world in return to office bookings, report claims

by Jayne Smith • Facilities management, News, Property, Technology

A new report from Eptura [registration] claims that there has been a global wave of return to office bookings led by the Asia Pacific market, including a worldwide 338 percent increase in collaborative room bookings, 76 percent room booking check-in rate, 35 percent increase in visitor check-ins, and 3 percent increase in site inspections. (more…)