January 11, 2023
Glassdoor has announced the winners of its annual Employees’ Choice Awards, honouring the Best Places to Work 2023 across the UK and four other countries. The Glassdoor Employees’ Choice Awards are based on the input of employees who voluntarily provide anonymous feedback by completing a company review about their job, work environment and employer over the past year. More →
January 10, 2023
UK commercial property capital values decreased significantly in 2022, and annual total returns were also down, according to the latest CBRE Monthly Index. Capital values decreased 3.0 percent across all UK commercial property in December 2022. Rental value growth for the month was 0.2 percent and total returns were -2.6 percent. For 2022 as a whole, capital values fell 13.3 percent, and annual total returns were -9.1 percent, according to the report. More →
January 10, 2023
One in three (33 percent) employees say the most important factor to them when contemplating a move to a new job, after pay, is work-life balance, according to a new poll of 13,000 UK based employees from Hays. The survey suggests that the extent to which employees are satisfied with their work-life balance has been improving over the last three years. More →
January 10, 2023
A new poll from MHR claims that people appear to prefer flexible to hybrid working. It suggests that a greater proportion of employees would prefer to work in the office with flexible hours (51 percent) than work from home with structured hours (41 percent). The survey [registration] of over 1,200 full time office workers across the UK and Ireland set out to find how their experience working remotely during the coronavirus pandemic compared to their usual work practices. More →
December 14, 2022
When it comes to the tax implications of working from home, Belgium seems to be the most attractive European country. Those regularly working from home in Belgium can claim over €1,700. No other of the eleven nations examined by The Mobile Bank N26 manages to match the Belgians in this regard. In addition to Germany’s neighbour, Spain, Italy, Ireland, the Netherlands, Germany, Austria, Portugal, Greece, Poland and France were also analysed. As the data suggests, regulations and tax relief opportunities differ between nations, sometimes significantly. More →
December 14, 2022
Employees today want more ‘hotel-style’ amenities such as areas for socialising, state-of-the-art infrastructure, outdoor spaces, onsite cafes, air conditioning, and flexible work facilities to entice them back to offices, according to a new poll from MRI Software. The firm’s Workplace Report [registration] claims almost two-thirds (64 percent) of respondents say such hotel-style features impact their decision on whether to work for an organisation, including more than one in ten who see failure to provide the right amenities as a deal breaker. More →
December 12, 2022
A new poll from Barco claims that a third of people who mostly work in the office found it easier to tell when a colleague is overworked or stressed when seeing them face to face, leaving some remote workers at risk of struggling under the radar of management teams. This comes as over a quarter of staff report experiencing burnout over chronic work-related stress that has not been managed successfully. More →
December 12, 2022
Chief Executive Officers with exaggerated self-confidence show a preference for steadiness within organisations, claims new research from the University of Mannheim Business School. Marc Kowalzick, Post-Doctoral researcher at the University of Mannheim Business School, and Moritz Appels, former University of Mannheim PhD student and now Assistant Professor at Rotterdam School of Management, Erasmus University, address a central dilemma in our understanding of CEO hubris: Are these CEOs particularly inclined to change their firms’ trajectories or not? More →
December 11, 2022
Lambeth is set for London’s biggest increase in sustainable office space over the next decade with an estimated six million square feet of extra space for business set to be created. A report commissioned by Lambeth Council details this expansion, how it supports the borough’s growth priorities and delivers space fit for the future of work. The report ‘Lambeth: The Future of Sustainable Work’ sets out how expansion supports the council’s bold ambitions to foster well-paid jobs in growth sectors for the borough’s young people, to achieve its Net Zero by 2030 outcome and to create an environment for local entrepreneurs to flourish. More →
December 8, 2022
A new poll from law firm Gowling WLG claims to reveal a stark difference in attitudes in Western and Eastern nations when it comes to the metaverse. It claims that the technology is set to change how we work and socialise forever, and that early adopters like China and the United Arab Emirates are already reaping the economic benefits. The firm’s Immaterial World report compared attitudes towards the metaverse in six international markets. The research found that four-in-five (83 percent) Chinese consumers would consider taking part in virtual experiences, more than twice as many as in the UK (37 percent). More →
December 2, 2022
A new report, Delivering Net Zero Carbon in the Workplace [BCO members only] produced by University College London Consultants (UCLC) for the British Council for Offices (BCO), claims to identify the barriers that businesses are facing as they strive to drastically reduce the carbon footprint of their offices. The report, informed by over 100 office occupiers and building professionals, outlines the measures that those working in the office sector can take to overcome these barriers at what the report suggests is low or zero cost. More →
November 28, 2022
A BNP Paribas Real Estate analysis claims that London’s West End office market is on course to ‘reset’ by 2025 following a major leasing event cycle commencing in 2023, which will see a flurry of renewals, expiries and break clauses executed by both landlord and tenant, which will alter the market as we know it by the milestone year. According to the firm’s own West End data, 40 percent of the market will have a lease event in 2023 and 2024, with equally large volumes to follow in the two subsequent years. This freedom of tenant movement coupled with a restricted supply line, could drive rents on prime buildings from their current 2022 position of £140 sq ft to £200 sq ft in 2023 and £250 sq ft in 2024, and further into 2025 where the initial cycle ends. More →
