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Growing number of people regret career moves, claims Gartner research

Growing number of people regret career moves, claims Gartner research

career movesNearly 60 percent of candidates who recently made career moves report that they would still make the same choice, according to a poll from Gartner. The survey of more than 1,800 candidates conducted in June 2022 claims that candidates who reported they would repeat an offer decision reached a peak of 83 percent in 2021, after increasing steadily in 2019 (60 percent) and 2020 (70 percent), before decreasing dramatically this year. The same survey suggests that nearly half of surveyed candidates say they are still open to other offers, while 28 percent say if they had to make the decision again, they would stay at their previous employer. More →

Company culture improved thanks to pandemic, think half of workers. Half don’t.

Company culture improved thanks to pandemic, think half of workers. Half don’t.

company cultureA new survey from Qualtrics claims that workers have mixed views on the impact of the pandemic on company culture. Half of European employees felt the pandemic had a positive impact on company culture – according to employees in France (50 percent), Germany (48 percent) and the UK (62 percent). Those who experienced positive changes to company culture in the last two years, cited this as being a result of an increase in open and honest communication from the business and feeling heard by the organisation. In fact, over half of workers across all markets say receiving increased communication from the company has been important (FR: 55 percent, DE: 56 percent, UK: 59 percent). More →

People feel too busy to move around enough during the working day

People feel too busy to move around enough during the working day

A large proportion of workers (86 percent) feel they have too much work to be able to move during the working day, with chronic stress and anxiety becoming increasingly prevalent, according to a new report [registration] by Magic Mountain, supported by CIMSPA (The Chartered Institute for the Management of Sport and Physical Activity).  Despite growing health issues linked with consistently spending too much time seated, the report claims that over half of workers remain sedentary for eight hours or more during the working day alone. More →

Commercial real estate enters downturn in UK, claims RICS

Commercial real estate enters downturn in UK, claims RICS

commercial real estateThe UK’s commercial real estate market is entering or might already be in a downturn, according to an industry survey from the Royal Institute of Chartered Surveyors. As higher interest rates push up investors’ financing costs and economic sentiment takes a dive, 43 percent of respondents to its quarterly commercial property survey thought the sector was in the early stages of a downturn, and a further 10 percent thought it was in the middle of one. By contrast, three months ago 53 percent said the sector was in the early or middle stages of an upturn, a proportion that has now slumped to 22 percent. More →

Generational careers divide opens up in wake of pandemic

Generational careers divide opens up in wake of pandemic

careers divideAlmost half of UK employees aged between 18 and 24 think that COVID-19 has decreased the importance placed on their careers, compared to 35 percent of 55-64 year-olds. And more than half think the pandemic has negatively impacted their career progression, compared to just 35 percent of 35-44 year olds and 17 percent of 54-65 year olds. Those are the key findings of a poll presented in a report from Employment Hero, shows that COVID-19 has caused a widening generational divide in the career motivation and wellbeing of UK employees. More →

Hybrid working success depends on the creation of ‘digital HQs’

Hybrid working success depends on the creation of ‘digital HQs’

hybrid workingAround three quarters of people think that so-called digital HQs are fundamental to making hybrid working a success, according to a new report from Slack. The study also claims to reveals how both virtual and in-person office etiquette has changed along with new workplace habits. The survey of over 1,000 UK office workers suggests that the majority (73 percent) believe hybrid working is ‘here to stay’ and 53 percent think businesses should operate on a digital-first approach. Spending more time at home is a must for most with over 3 in 5 (66 percent) likely to start looking for a new job if hybrid or remote working is not offered. Over two-thirds believing hybrid work has helped them with the cost of living crisis, with less being spent on transport and lunches. More →

Toxic work culture continues to bedevil certain sectors

Toxic work culture continues to bedevil certain sectors

toxic work cultureHealthcare is among the worst industries in the UK for a certain type of toxic work culture, a new study by Delamere claims. The study claims to have identified the industries with the worst attitudes towards what it calls toxic hustle culture. Hustle culture refers to people feeling pressured to work tirelessly in order to constantly make money and be productive. More →

Four day week seen as unrealistic for millions of people

Four day week seen as unrealistic for millions of people

four day weekInterest in the four day work week is rising yet millions of UK workers are set to miss out, according to research from ClickUp. It found that certain careers are more likely to miss out on the idea of working a day less each week for no reduction in pay, as other employment sectors may go ahead. Businesses must take action to close these gaps to create equity for workers in the UK, the report argues. More →

Rising office fit-out costs begin to hit occupiers

Rising office fit-out costs begin to hit occupiers

office fit-out costsAn analysis by Savills of Q2 2022 Prime Office Costs (SPOC) in global markets around the world suggests that inflation and supply chain issues are now feeding into office fit-out costs and keeping occupiers’ net effective costs high in many cities around the world. Over the past year office fit-out costs have risen an average of 6 percent across the SPOC cities that have so far reported rises says Savills, although proportionally they remain a small part of overall costs compared to rents. More →

Three quarters of young people worldwide lack skills needed for employment

Three quarters of young people worldwide lack skills needed for employment

skillsNearly three quarters of young people aged 15 to 24 in 92 countries with available data are off-track to acquire the skills needed for employment, according to a new report published today by the Education Commission and UNICEF to coincide with World Youth Skills Day. Recovering learning: Are children and youth on track in skills development? features analyses on development in early childhood, and among children of primary school age and youth. The data highlight low levels of skill among children and young people across all age groups, with young people in low-income countries the least likely to have those required to thrive, particularly in future employment opportunities, decent work, and entrepreneurship. More →

Younger workers drive higher workplace expectations

Younger workers drive higher workplace expectations

younger workersAccording to a poll from Benefex, three quarters (77 percent) of workers admit they expect more of their employer now than since the start of the pandemic, and eight in 10 state that their employee experience at work is more important than a year ago.  However, expectations have risen significantly more among employees under the age of 40, compared with those aged 40 and above. Eight in ten of the under 40s said both their expectations of their employer and their employee experience at work had increased since the coronavirus compared to 67 percent and 70 percent of the over 40s respectively. More →

UK rated world number one as Europe sets the standard on real estate transparency

UK rated world number one as Europe sets the standard on real estate transparency

transparent real estateEurope is leading the way on real estate transparency as a raft of new sustainability legislation raises industry standards, according to the latest Global Real Estate Transparency Index [registration] published by JLL, in partnership with LaSalle. Six of the 12 countries classed as ‘Highly Transparent’ in the report are in Europe with France, the Netherlands, Germany and Belgium among the most improved, joining Ireland and Sweden. More →

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