January 23, 2020

Mental health challenges cost employers £45 billion each year

A new report from Deloitte claims that poor mental health costs UK employers up to £45 billion each year. This is a rise of 16 percent since 2016 – an extra £6 billion a year. The research also looks at how employers can tackle this problem, finding that it pays to support employees’ mental wellbeing. On average, for every £1 spent on supporting their people’s mental health, employers get £5 back on their investment in reduced presenteeism, absenteeism and staff turnover. More →

January 23, 2020

Aligning talent with strategy is the key to business success

by Neil Franklin • News, Workplace

Companies that align talent with business strategy outperform others by 16 percent, retain 30 percent more top performers, and see 34 percent higher employee performance according to The State of Talent Optimization Report (registration) from The Predictive Index. More →

January 22, 2020

Self-employment hits the 5 million mark for the first time

by Neil Franklin • Flexible working, News

UK job growth was the strongest in nearly a year in the three months to November, according to new government data. The Office for National Statistics said the strong jobs growth reflected a particularly weak three-month period to August when jobs fell, but the data also showed the employment rate hit a record high of 76.3 percent with jobs growth driven particularly by self-employment and the numbers of women in full time work. More →

January 21, 2020

Demand for commercial property in London continues to put upward pressure on rent

by Neil Franklin • News, Property

Following sustained levels of leasing activity throughout the year, JLL has calculated that over 10.7m sq ft of office space in central London has been transacted so far in 2019 and with over 3m sq ft currently under offer, has suggested that take-up is on track to total 11.6 m sq ft at year-end – which is ahead of the 11.5m sq ft of space that was leased in 2018. Both the City and West End commercial property markets are expected to see take-up levels broadly echo last year’s totals. More →

January 20, 2020

Commercial property market will be shaped by climate change in 2020

by Neil Franklin • News, Property

The world’s commercial property markets will be defined this year by low interest rates, socially responsible investing, cautious optimism and climate change as well as six other factors according to Avison Young’s 2020 Forecast. The annual report series claims to provide perspective on how global events, trends and indicators impact commercial real estate in a variety of sectors, including capital markets, office, retail, industrial, multi-family and hospitality, among others.

January 17, 2020

Structure of teams could be source of competitive advantage

by Neil Franklin • News

Cass Business School and Slack have published new research into the nature future of teamwork which identifies the relationships between team alignment and execution, drivers for competitive advantage, and the role of new workplace technologies. It suggests that teams are the fundamental building blocks of modern organisations but their role in delivering better outcomes for an organisation is still undervalued. More →

January 17, 2020

Workers at Bloomberg, Netflix and Google are among happiest in the US

by Neil Franklin • News, Wellbeing

Blind, an anonymous professional network with more than 3.2 million work-email verified users, has announced the results of a survey that identifies what the firm claims are the top fifteen companies with the happiest workers in the US. The survey of more than 10,000 Blind users claims to provide insight into the link between employee happiness and personal growth. More →

January 16, 2020

HR leaders feel completely unprepared for the future of work

by Neil Franklin • News, Workplace

Most chief people officers (CPOs) in the US realise they need new skills to meet the demand of the 21st century role, but few are prepared, citing a lack of development and investment from the C-suite, meaning they feel unprepared for the future of work. This is according to a new study by HR People + Strategy (SHRM’s Executive Network of business and thought leaders in human resources) and with Willis Towers Watson, a global advisory, broking and solutions company. The study, based on direct input from more than 500 executives, examined the key changes shaping the CPO role and identifies a pathway for developing and accelerating this next generation of HR leaders. More →

January 15, 2020

Workers value comfort and functionality over quirky office design

by Neil Franklin • News, Wellbeing, Workplace design

Employees value physical office design features and amenities that offer them a greater deal of comfort and functionality in the workplace. They especially favour outdoor views, natural light and on-site food services, according to a new report from CBRE based on a survey of 1,600 North American office users. More →

January 15, 2020

Disconnect between HR and finance is key to productivity puzzle

by Neil Franklin • News, Workplace

A continued disconnect between HR, Finance and business leaders is an important driver of the UK’s enduring low productivity levels, a new report claims. The research commissioned by OrgVue, claims that if better organisational planning was adopted by UK organisations, GDP could be boosted by £10.4 billion due to improved productivity. More →

January 14, 2020

Office design in the US now more closely aligned with needs of workers

by Neil Franklin • News, Wellbeing, Workplace design

Office design and expectations around professionalism in the workplace are evolving along with the modern workforce in America, according to a new report from researchers at Olivet Nazarene University. The Modern Office Study claims that office design is evolving in parallel with changes in working culture, especially in the way that traditional North American cubicles, which were once the default model of office design in the US, are rapidly being replaced with open plan layouts. The report claims that these are now found in over half of American workplaces. More →

January 12, 2020

Flexible working and always on culture have a negative effect on families

by Neil Franklin • Flexible working, News, Wellbeing

Working parents’ ability to switch off from their work is being undermined by the rise of modern communications and the uptake of flexible working practices, with almost half agreeing the boundaries between home and the workplace have blurred, according to the most authoritative annual survey of working families in the UK. More →