Business Centre sector continuing to thrive amidst increased competition and Brexit uncertainty

Business Centre sector continuing to thrive amidst increased competition and Brexit uncertainty 0

New research published by the Business Centre Association (BCA) in collaboration with CBRE claims that the business centre sector enjoyed a 13 percent increase in turnover and was home to around 11 percent more workers in 2015 and 2016, despite initial fears about the impact of Brexit on the sector, and increasing competition from new entrants into the market. The sector is worth around £3.3bn in terms of turnover, up from £2bn in 2013. The findings come from The UK Business Centre Market report which surveyed 580 business centres, representing 23 percent of the sector across the country, to assess the current state of the market. Overall, the report found the UK wide business sector is now home to 93,000 individual small businesses which employ over 480,000 people, supporting around £18bn of GDP.

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UK workers are wasting their allocated holiday allowance

UK workers are wasting their allocated holiday allowance 0

A new survey claims that UK workers waste on average five days of annual leave each year with one in six having more than a full working week of holiday leftover in 2016. The new study, commissioned by Airtours, has found that 40 percent of workers did not use up their full holiday allowances, and those who did spent less than half of their time off relaxing. Of the reasons given for not taking their allocated leave, 25 percent of people asked said they didn’t need to take it or even want to, 36 percent had too much on at work to take time off, and 26 percent weren’t allowed to take holiday as it meant being off at the same time as colleagues. When people did take a break last year, the research suggests that most of the time people weren’t using their holiday how they should have been by recharging their batteries. On average people spent seven holiday days at home and 56 percent admitted to doing boring chores instead of getting out and enjoying themselves. A further 32 percent used their holiday to go to medical appointments and 17 percent used it to deal with those unexpected family emergencies, like illness or injury or taking the dog to the vet. More →

One in five employees are too scared to ask for flexible working rights

One in five employees are too scared to ask for flexible working rights 0

Over one in five (21 percent) UK private sector employees – equivalent to 5.5m nationally – are too afraid to discuss flexible working with their boss because they think they will say no, Aviva’s Working Lives report claims. The findings come despite employees having the legal right to make a ‘statutory application’ to their employer to change their working pattern . Those aged 35-49 are the most likely to refrain from exercising this right despite the challenge some in this age group may face with juggling work and family life: nearly one in four (24 percent) shy away from starting a conversation for fear of rejection.

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Self-employed would value receiving sick pay above other benefits

Self-employed would value receiving sick pay above other benefits 0

UK micro-business owners and freelancers would be more interested in receiving sick pay than any other statutory benefit, according to new research carried out in collaboration between cloud accounting software firm FreeAgent and The Freelancer & Contractor Services Association (FCSA). A poll of nearly 900 UK micro-business owners conducted by FreeAgent and FCSA claims that sick pay provision is the benefit that self-employed workers would most welcome, coming way ahead of other benefits such as maternity pay, job seekers allowance and pension auto-enrolment. The survey claims that 76 percent of respondents currently do not have any method of providing sick pay, maternity/paternity leave, holiday or redundancy pay in their business. Projected across the country’s 5.2 million-strong micro-business sector, this potentially equates to millions of people working without the same kind of basic entitlements that employed workers have. Notably, people’s appetites for additional benefits varied depending on the structure of their business with sole traders more likely to value benefits (rating sickness provision 8.7 out of 10) compared to those working through their own limited companies who gave a score of 6.4 out of 10 for sickness provision.

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The changing world of people analytics and digital ethics in the workplace

The changing world of people analytics and digital ethics in the workplace 0

This year’s Think FM conference at the Science Museum may prove to be a watershed moment for the global facilities management and workplace sectors, as its focus was on connectivity, data and the Internet of Things. The event’s keynote speaker was Ben Waber, one of the world’s leading thinkers on the ways in which this unprecedentedly connected era relates to people and the workplace. Ben is the president and CEO of people analytics firm Humanyze, an alumnus of MIT and a visiting scientist at MIT Media Lab.

I was fortunate to be able to sit down with him recently to discuss the characteristics of this new age of connectivity and the changing nature of digital ethics and ask him whether the future of HR, IT and FM is at the mercy of people data analytics, amongst other things. This is becoming a common theme for the Workplace Matters podcast as we see a more widespread realisation that the workplace is no longer a merely physical entity and our attention shifts to people and how they interact with each other and the places they work. Subscribe and listen to this and all episodes on Acast or iTunes, on any mobile device.

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Ian Ellison is one of the UK’s foremost commentators on workplace and facilities management issues. He is a Partner of consultancy 3edges (@_3edges) and the host and creator of the Workplace Matters podcast (@wpmpodcast). Prior to that he was a lecturer at Sheffield Hallam the University and had a ten-year career in operational FM in both in-house and outsourced roles. If you have any feedback or suggestions for future episodes – contact him @ianellison or at www.3edges.co.uk.

US experiences huge increase in telecommuting since 2005, claims study

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

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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Study suggests ways staff could work fewer hours while raising productivity

Study suggests ways staff could work fewer hours while raising productivity 0

Employers can implement simple changes to reduce fatigue while raising worker productivity, a new academic study suggests. Research published by Manel Baucells from the University of Virginia Darden School of Business offers some useful insights for today’s workforce in overcoming fatigue while at the same time raising productivity. The paper “It is time to get some rest”, co-authored with Lin Zhao of the Chinese Academy of Sciences in Beijing, looks at how workers’ efforts can be best distributed throughout the day. The study’s implications affect not only our health and quality of life, but business and the economy too. “The bottom line is, when it comes to rest and managing fatigue, the incentives of companies and workers are perfectly aligned: Reducing fatigue increases productivity, lowers the cost of providing effort, increasing work satisfaction, lowering turnover and absenteeism, and ultimately increasing profits,” said Baucell. “Google seems to have learned this lesson and makes the work environment pleasant, promoting fun distractions, while at the same time encouraging long work hours.”

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British Land launches Storey flexible workspace brand

British Land launches Storey flexible workspace brand 0

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.’

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The workplace experience will define how real estate enables business transformation

The workplace experience will define how real estate enables business transformation 0

JLL has today launched ‘Workplace powered by Human Experience’, a new global report series and accompanying tool, the ‘Human Experience model’, looking at how workplace experience can help businesses thrive in the new world of work. Findings of the report, which is part of JLL’s recently launched Future of Work research programme, are based on consultations with decision makers at 40 corporations around the world and the results of a separate, anonymous survey of more than 7,300 employees working for companies with more than 100 members of staff. The survey covered 12 countries and the respondents were aged between 18 and 65 years. Countries where employees were surveyed: Australia, China, France, Germany, India, Italy, Japan, the Netherlands, South Africa, Spain, the UK and the US.

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The self employed have to rely on each other as government offers almost no support

The self employed have to rely on each other as government offers almost no support 0

The self employed are turning to one another for business and financial support, according to new analysis by the RSA think-tank. Commissioned by the Federation of Small Business (FSB) to examine how self-employed workers might manage the risks they face, the RSA report claims that growing numbers of workers are turning to collective sick-pay funds to manage ill health, cash pooling schemes to deal with late payments and micro-loan services to plug gaps in bank finance.  The RSA’s report, The Self Organising Self Employed concludes that, to date, both the state and the market have struggled to keep pace with the rising numbers of the self employed. Although successive governments have been vocal in their admiration of people who strike it out alone, holding up their attributes as ‘self-starters’ and ‘strivers’, this had led to a ‘non-interventionist, hands-off policy agenda, with the self employed broadly left to their own devices’.

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Commercial property giant acquires controlling stake in London based flexible office provider

Commercial property giant acquires controlling stake in London based flexible office provider 0

While we should never read too much into a single piece of business, the news that one of the world’s largest property investors is buying a young and still growing British flexible office provider is surely a sign of things to come. As Blackstone, a private equity giant with £140 billion of real estate assets worldwide acquires a controlling stake in The Office Group for £500 million, we must view the deal in the context of a market in which the most dynamic players are WeWork and its contemporaries. The Office Group has grown from seven buildings to thirty-six since it was founded in 2003 and provides flexible office and coworking space to start-ups, freelancers, small businesses and increasingly, corporates such as Facebook, Dropbox and British Gas.

Technology that creates a virtual office is biggest catalyst of change in the workplace

Technology that creates a virtual office is biggest catalyst of change in the workplace 0

Companies are increasingly using sophisticated technology offerings as a way to attract and retain talent, as faced with a competitive hiring environment, and rising occupancy costs they must create a user experience that makes employees more efficient and effective and the office the preferred place to work. This is according to CBRE Research’s latest Global Prime Office Occupancy Costs report (registration needed) which found – not uniquely – that technology is the biggest catalyst of change in the workplace today, as mobile devices, virtual networks, videoconferencing and cloud storage create a seamless transition from the physical workplace of the 20th century to the virtual workplace of the 21st century. This technology is also being used by occupiers to understand and manage their occupancy patterns in sophisticated ways and create an environment that maximises employee efficiency.

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