About Neil Franklin

Neil Franklin is Insight's news editor

Posts by Neil Franklin:

June 29, 2017

Major global study identifies the priorities of students and their most favoured potential employers ⁰

A new study of 290,000 students worldwide claims that the majority studying business, engineering and IT would prefer to work for medium sized businesses and that they have a very clear idea about the sort of employer they would like to work for. The World’s Most Attractive Employers (WMAE) study from employer branding consultancy Universum Global is now in its 9th year and draws on data from the world’s 12 largest economies to rank the companies students find most desirable for employment. Overall, the majority of students (74 percent) reported that they would prefer to work for a company with fewer than one thousand employees. A larger proportion of talent from Germany, France, and Brazil would prefer to work for larger employers, but overall talent in these markets also said they would prefer to work for smaller firms. For business and engineering / IT students in all countries excluding Russia, India and Germany, work/life balance remains the overall top career goal. Results reveal Russian students in both fields of study still prefer job security, while Indian students in both fields of study are far more interested in having an international career than they are in other career goals.

June 28, 2017

Artificial intelligence could add £232 billion to UK GDP by 2030, claims PwC research ⁰

by Neil Franklin • AI, News, Technology

UK GDP could be around 10 percent higher in 2030 as a result of artificial intelligence (AI) – the equivalent of an additional £232 billion, according to new research by PwC. This makes AI the biggest commercial opportunity in today’s fast-changing economy, according to the report’s authors. The research shows that the majority of the UK’s economic gains over the period to 2030 will come from increasing consumer demand resulting from AI driving a greater choice of products, increased personalisation of those products and making them more affordable over time. Labour productivity improvements will also drive GDP gains, but to a lesser extent. PwC’s research notes that the benefits from labour productivity growth will be felt first, with the increased consumption-led benefits from AI-enhanced products coming through later as more of them come onto the market. As this happens, competition within the AI goods market will increase dramatically, leading to future increases in the value of goods to consumers and therefore the amount people spend on them.

June 27, 2017

Largest trial of driverless vehicles takes to the streets of two cities in the UK ⁰

by Neil Franklin • AI, News, Technology

The UK’s largest trial of connected and autonomous vehicle technology has been given the green light to move out onto city streets, after a UK consortium completed its final set of private test track demonstrations. Project partners Jaguar Land Rover, Ford and Tata Motors European Technical Centre (TMETC) are set to trial vehicles on the roads of Milton Keynes and Coventry, as Jaguar Land Rover announced the latest version of their automated, driverless vehicle technology. The three vehicle manufacturers are taking part in the £20 million UK Autodrive research and development project, jointly funded by government and industry. UK Autodrive claims to be the first project in the UK to showcase the benefits of having cars that can “talk” to each other across multiple makes of car. Three of the seven key features of connected cars (see full list below) will be trialled during the three-year programme.

June 26, 2017

CoreNet Global to explore ‘Transcending Boundaries’ at EMEA Summit ⁰

by Neil Franklin • Company news, Events, Insight promotion

The CoreNet Global EMEA Summit will return to London in September 2017 for the fifth time, bringing together leading figures from the corporate real estate (CRE) profession to discuss how CRE can add value and be a true strategic advisor in today’s dynamic, rapidly changing environment. Under the theme Blurring the Lines: Transcending Boundaries, the summit will explore a range of shifts that demand transformational thinking and integrated solutions. In a world of continual and disruptive change, the summit will assist in identifying how CRE professionals can transcend traditional boundaries to uncover new opportunities. The three-day event will provide a wide variety of engaging and educational sessions, including keynote presentations from some of the profession’s most innovative thinkers, interactive seminars where attendees will be able to test new technologies and learn from one another’s experiences, networking sessions and dedicated teaching workshops.

June 26, 2017

US experiences huge increase in telecommuting since 2005, claims study ⁰

by Neil Franklin • Flexible working, News, Technology

FlexJobs and Global Workplace Analytics have published their 2017 State of Telecommuting in the US Employee Workforce report, which claims to be the most up-to-date and comprehensive data analysis available on the state of working from home in the United States. According to the study, the number of people telecommuting in the US increased by 115 percent between 2005 and 2015. Other key findings of the study include: 3.9 million U.S. employees, or 2.9 percent of the total U.S. workforce, work from home at least half of the time, up from 1.8 million in 2005 (a 115 percent increase since 2005); the average telecommuter is 46 years of age or older, has at least a bachelor’s degree, and earns a higher median salary than an in-office worker; roughly the same population of women and men telecommute; and in more than half of the top US metro areas telecommuting exceeds public transportation as the commute option of choice. The report’s definition of telecommuting refers to non-self-employed people who principally work from home at least half of the time.
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June 22, 2017

KI helps to create agile, flexible workspace at Paramount Pictures’ UK HQ ⁰

by Neil Franklin • Company news, Furniture, Insight promotion

KI has helped film production giant Paramount Pictures create an agile, flexible new workspace at their stunning new UK headquarters. Drenched in natural light, the offices offer staff and visitors views over the adjacent green space and lake, as well as sweeping views across London. Spread across two floors at Chiswick Park, the offices also accommodate the team of Paramount subsidiary United International Pictures. Working alongside office furniture supplier Rapid Office, Paramount Pictures selected KI’s UK designed and manufactured workstations, tables, storage, workwalls and breakout screening, enhanced by a palette of 12 colours from Camira’s Lucia fabric range. The vibrant combination of blues, purples, greens and beige have been used to differentiate departments.

June 21, 2017

British Land launches Storey flexible workspace brand ⁰

by Neil Franklin • Company news, Flexible working, Property

British Land has launched Storey, a new brand providing flexible workspace for businesses employing between 20 to 70 people and larger organisations seeking additional space on flexible terms. Created to fill a perceived gap in the London office market which customers say is not being satisfied, Storey provides offices for companies who have outgrown co-working space and whose needs have evolved. Storey also suits existing or larger office customers seeking project or shorter term space on top of their core requirements. Storey will operate within British Land’s existing London assets, predominantly at its Broadgate, Paddington Central and Regent’s Place campuses. These have ‘a critical mass of office customers and offer the ideal environment for ambitious organisations looking to grow. Storey customers will be able to access facilities traditionally reserved for larger organisations and automatically benefit from the broader campus environment where a focus on wellbeing also supports growth and productivity.’

June 21, 2017

Report sets out costliest cities for mobile workforce of multinationals ⁰

by Neil Franklin • News

In a rapidly changing world, mobility has become a core component of companies’ global talent strategy and as a result, multinational organisations are carefully assessing the cost of packages for their international mobile workforce, claims a new report which sets out the costs of living in the world’s major cities. Mercer’s 23rd annual Cost of Living Survey finds that factors like instability of housing markets and inflation for goods and services contribute to the overall cost of doing business in today’s global environment. Mercer’s 2017 Cost of Living Survey finds Asian and European cities – particularly Hong Kong (2), Tokyo (3), Zurich (4), and Singapore (5) – top the list of most expensive cities for expatriates. The costliest city, driven by cost of goods and security, is Luanda (1), the capital of Angola. Other cities appearing in the top 10 of Mercer’s costliest cities for expatriates are Seoul (6), Geneva (7), Shanghai (8), New York City (9), and Bern (10). The world’s least expensive cities for expatriates, according to Mercer’s survey, are Tunis (209), Bishkek (208), and Skopje (206).

June 20, 2017

Extending the length of working lives could boost UK GDP by £80 billion ⁰

by Neil Franklin • News, Wellbeing, Workplace

The UK could boost its GDP by around 4.2 percent (around £80 billion at today’s values) if the employment rate of workers aged over 55 could match that of Sweden, the highest performing EU country, according to a new PwC analysis comparing the employment of older workers across 34 OECD countries. There is a 12 percentage point gap between the employment rates of workers aged 55-64 in the UK and Sweden. PwC’s Golden Age Index is a weighted average of indicators – including employment, earnings and training – that reflect the labour market impact of workers aged over 55. The UK has remained middling in the rankings since 2003, falling by one place from 18th in 2014 from 19th in 2015. The report suggests that extending working lives could have a transformational effect on the economy.

June 20, 2017

Hong Kong and London’s West End again top global commercial property costs, according to CBRE ⁰

by Neil Franklin • News, Property

Hong Kong (Central) and London’s West End topped the list of prime commercial property occupancy costs again, according to CBRE Research’s latest annual Global Prime Office Occupancy Costs report. Hong Kong’s (Central) overall prime occupancy costs of US$303 per sq. ft. per year topped the “most expensive” list, followed by London’s West End (US$214 per sq. ft.), New York (Midtown) (US$203 per sq. ft.), Hong Kong (West Kowloon) (US$190 per sq. ft.) and Beijing (Central Business District (CBD)) (US$183 per sq. ft.). Global prime office occupancy costs—which reflect rent, plus local taxes and service charges for the highest-quality, “prime” office properties—rose 1.9 percent year-over-year, with the Americas up 3.6 percent, EMEA up 0.8 percent and Asia Pacific up 1.2 percent. Durban (South Africa) had the highest increase in occupancy cost overall, though Stockholm (Sweden) registered some of the fastest growth in Europe, along with Palma de Mallorca (Spain), Belfast (U.K.) and Amsterdam (Netherlands). In Asia Pacific, Shanghai (Puxi) in China had the highest growth in occupancy cost, followed by Guangzhou, Bangalore and Shanghai (Pudong). Buenos Aires showed the biggest increase in the Americas overall, while suburban Denver, suburban Houston and New York Midtown South saw the largest occupancy-cost increases in the U.S.

June 14, 2017

Climate change demands a rethink for our economic models ⁰

by Neil Franklin • Environment, News

Swift and effective action is needed to create new, sustainable economic models to mitigate the adverse effects of climate change on the world’s working population, claims a report published by the International Bar Association Global Employment Institute (IBA GEI). The Climate Change and Human Resources Policies Report focuses on the relationship between climate change and employment, and aims to contribute to nascent discussions anticipating structural changes to business and the training needs of workforces transitioning to low-carbon economies. The report also highlights potential issues in relation to employment policies, labour law, ‘weak’ jobs, ‘expanding’ jobs and new jobs. Further, it draws attention to what some countries are doing to help their nations’ employees adjust to industrial change, and how trade unions, employers and educators are working together to deliver green skills training.

June 13, 2017

Workers spend less time on social media and non-work technology in a bid to restore work life balance ⁰

by Neil Franklin • News, Technology

According to a new survey by job site CV-Library, over two thirds of workers (67.4 percent) don’t use social media whilst at work, and of those that do, the majority (45 percent) will only do so for up to 15 minutes. The study surveyed 1,200 workers on their opinions around technology in the workplace, and whether it is a distraction or an enabler to professionals. Interestingly, the survey claims that despite 56.1 percent admitting that they use smart phones while they’re at work, the majority (79.8 percent) do not use technology to do personal tasks during work hours. Many 0f the respondents cite the desire for a better work life balance as the main reason for their behaviour.