About Neil Franklin

Neil Franklin is Insight's news editor

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Report sets out costliest cities for mobile workforce of multinationals

Report sets out costliest cities for mobile workforce of multinationals 0

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).

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

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

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.

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

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

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.

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Climate change demands a rethink for our economic models

Climate change demands a rethink for our economic models 0

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.

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

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

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.

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Bisley’s classic MultiDrawer recognised with a Design Guild Mark

Bisley’s classic MultiDrawer recognised with a Design Guild Mark 0

Bisley’s iconic MultiDrawer, one of the office’s most recognisable products for 60 years, has been awarded a Design Guild Mark, recognising its timeless qualities in design, functionality and quality. Now approaching six decades from its launch, the MultiDrawer has never lost its appeal, becoming an icon in storage. Almost 2 million of the diminutive cabinets have been sold, helping the brand name Bisley become part of the lexicon in the German language to describe storage cabinets, such is the reach of this British born icon. Created by Freddy Brown, founder of Bisley and an experienced metal worker, the MultiDrawer was first made in 1958. The Bisley factory was expert in metalwork having evolved from car body repairs, then making metal waste paper bins and, during the war, designing and making the large metal containers that were dropped by parachute into war zones to deliver supplies. The Design Guild Mark is awarded by The Furniture Makers’ Company, the furnishing industry’s charity, in order to drive excellence and raise the profile of British design and innovation.  The award recognises the highest standards in the design of furniture in volume production, by the best designers working in Britain or British designers working abroad.

UK businesses still breaking the most basic health and safety laws

UK businesses still breaking the most basic health and safety laws 0

health and safetyAlmost two thirds of UK businesses are failing to meet basic health and safety laws and are putting their employees in danger, according to new research. A survey of 2,000 employees, working for businesses that have over five employees, found that 65 percent have not received any information on their company’s health and safety policies. This is despite it being a basic legal requirement for all companies with five employees or more. The research, which was conducted by data capture app provider WorkMobile, also revealed that even when workers were provided with written health and safety guidance, the information didn’t explain the risks of the job properly.

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Bored and distracted employees are biggest data security risk

Bored and distracted employees are biggest data security risk 0

Employees who become distracted at work are more likely to be the cause of human error and a potential security risk, according to a snapshot poll conducted by Centrify at Infosec Europe in London this week. While more than a third of survey respondents cite distraction and boredom as the main cause of human error, other causes include heavy workloads, excessive policies and compliance regulations, social media and password sharing. Poor management is also highlighted by 11 percent of security professionals, while 8 per cent believe human error is caused by not recognising their data security responsibilities at work.

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Three quarters of HR professionals expect Brexit to escalate the war for talent

Three quarters of HR professionals expect Brexit to escalate the war for talent 0

New research claims that, as a result of the UK’s decision to leave the EU, nearly three-quarters of HR professionals (72 percent) expect the war for talent to intensify, and nearly two-thirds (61 percent) predict further difficulty recruiting senior and skilled employees over the next three years. The latest CIPD/Hays Resourcing and Talent Planning Survey of more than 1,000 HR professionals found that recruitment difficulties are already being reported by three quarters of HR professionals (75 percent), and nearly two-thirds (65 percent) agree that the skills needed for jobs in their organisation are changing. Professionals with leadership (58 percent), digital (54 percent) and commercial awareness skills (51 percent) are most likely to increase in demand over the next 12 months.

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FIS publishes new guide to office fit out

FIS publishes new guide to office fit out 0

The Finishes and Interiors Sector (FIS) trade association has published a new guide to help occupiers and others apply best practice in the creation of an office fit-out. The publication, A Client’s Guide: Office Fit-Out and Refurbishment, was launched at this year’s Clerkenwell Design Week and is available free to read or download. They do want your email details however. Image: Claremont

Every building on the planet must be net zero carbon by 2050 claims World Green Building Council

Every building on the planet must be net zero carbon by 2050 claims World Green Building Council 0

The building sector, which is responsible for global emissions roughly equivalent to those of the whole of China, must operate at “net zero carbon” by 2050 if global warming is to remain under two degrees Celsius, the limit enshrined in the Paris Agreement. According to a new report from the World Green Building Council (WorldGBC), there are currently 500 net zero commercial buildings and 2,000 net zero homes around the globe (well under 1 per cent of all buildings worldwide), requiring a monumental and coordinated effort by businesses, governments and nongovernmental organisations to bring the building sector within striking distance of Paris Agreement targets. The report defines ‘net zero buildings’ as highly energy-efficient buildings which generate or supply the energy they need to operate from renewable sources to achieve net zero carbon emissions, and lays out specific actions that the private sector, governments and NGOs can take to ensure all new buildings operate at net zero carbon by 2030 and that all existing buildings are renovated to operate at net zero carbon by 2050.

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Pressure group calls on incoming UK government to create a new contract with the self employed

Pressure group calls on incoming UK government to create a new contract with the self employed 0

IPSE, the association set up to represent the needs of the UK’s self employed and freelance workforce, has released a manifesto ahead of the general election. In A Contract with the Self-Employed, IPSE details all the policies it wants to see the incoming government implement for the 4.8 million people currently defined as self employed or freelance. In conjunction with the ongoing Taylor Review into modern employment practices, the manifesto calls for a statutory definition of self-employment to end widespread confusion and ensure self employment remains an attractive and attainable career choice. The manifesto calls for a strategic review of the tax system – which, in its current state, is based upon the traditional employer/employee model. As self-employment continues to boom, the government needs to supplement this 21st century way of working with a fairer, more efficient, 21st century tax system.  Included in the review, it has asked the government to make careful considerations before rolling out IR35 measures in the private sector, create a bespoke tax system for freelancers, simplify Making Tax Digital and maintain the current rate of NICs.

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