September 27, 2016

Boost predicted for commercial property transactions across the UK ⁰

by Mark Eltringham • Flexible working, News, Property

The next five years will see demand for commercial property in the South East of England expand at a faster rate than in London according to the Royal Institution of Chartered Surveyors (RICS) Annual Occupiers Survey 2016. The survey, conducted in association with EY and Savills found that a fifth (20 per cent) of UK property decision-makers expect to increase rather than decrease the amount of space they own or rent in the South East. In total, a net balance (percentage expecting to expand minus percentage expecting to downsize) of 13 per cent more respondents in the South East expect to increase, rather than decrease their portfolio, nearly double the figure for London at seven per cent. The net balance figures showed the lowest indication of growth was in the South West, at four per cent. The survey also revealed that 41 per cent of UK firms expect to expand the amount of UK property they own or rent over the next five years while only 8 per cent expect to downsize.

September 26, 2016

HSBC moves 300 staff into coworking space in Hong Kong ⁰

by Mark Eltringham • Coworking, Flexible working, News, Property

The idea that coworking is primarily for the self-employed, tech startups and other small firms who can’t afford permanent offices in the world’s expensive cities has been challenged with the news HSBC has moved 300 staff into a coworking space in Hong Kong, according to a report in the South China Morning Post. The bank has rented the workstations in WeWork’s space in Causeway Bay, one of the world’s most expensive districts for offices and shops. The bank has taken out a large scale corporate membership with WeWork for the 300 members of its digital and transformation team. According to the report, a spokesman from CBRE claimed that the move is less about saving money than it is with providing short term flexibility in a time of economic uncertainty. However you view that, the bank is saving as much as HK$2.45 million a month with the move (£240,000 or $320,000). The annual cost savings are estimated at HK$23,640 per person.

September 26, 2016

Employers must adopt a trust based approach to flexible working ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

Employers are being urged to create a more inclusive and flexible working environment for their employees by adopting a trust based approach which focuses on the meeting of objectives rather than hours. This is the advice of Harvard University’s Global Leadership award winner Charlotte Sweeney on the launch of National Work/Life Week. In 2015, 23 percent of employees were reported to be doing some of their work remotely, up from 19 percent in 2003 according to the Bureau of Labour Statistics. But more than just adopting agile working, the diversity expert says businesses should begin to focus on individual well-being and supporting employees to enrich all aspects of their lives, their families and their communities. Corporates should implement a trust-based approach, which focuses on employees meeting their objectives, rather than focusing on where they are actually doing the work or even how many hours it takes to complete.

September 25, 2016

Flexible productivity myth + Women’s wear + Millennial motivators ⁰

by Sara Bean • Facilities management, Flexible working, Newsletter, Property

In this week’s Newsletter; Colin Watson points out that we sometimes forget just how young the Internet is; Paul Carter ponders working off the radar and the rise of co-working hubs and agile working; Mark Eltringham argues we’ve known for some time what makes people happy and productive at work; and says flexible working has developed a reputation as something of a silver bullet. Women’s choice of office attire is subject to unfair criticism by bosses; contrary to popular belief Millennials want the same from the workplace as everyone else; and evidence that sensory inputs can significantly improve productivity and cognitive performance. A new report suggests how technology will impact on real estate; and reasons for the boom in co-working spaces in London are revealed. Download our new Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

September 23, 2016

Tech laggards risk losing employees, claims Future Workforce Study ⁰

by Mark Eltringham • Flexible working, News, Technology

Dell has unveiled the European and South African findings from the Dell and Intel Future Workforce Study, which identifies the global technology trends shaping the modern workplace. The results show that almost half of employees in these regions believe their current employer is not effectively making use of the latest technology advances. The 2016 Future Workforce Study, conducted by research firm PSB, polled nearly 4,000 full-time employees from small, medium and large businesses in 10 countries. Of those polled in the UK, Germany, France and South Africa, many do not believe that they will be working in a smart office within the next five years and perceived their current workplace technology as lagging behind personal devices on innovation. With the research showing that the influx of new technology is having a significant impact on what workers expect from their employer, workplaces which don’t enact these new advances may be left behind.

September 23, 2016

Employers urged to support ‘sandwich generation’ of older workers ⁰

by Sara Bean • Flexible working, Legal news, Wellbeing, Workplace

Over a third (36 percent) of managers are unaware of anything their organisation does to attract, retain and engage older employees despite two-thirds (66 percent) believing the average age of retirement will increase in the next five to ten years. This is according to a new white paper from AXA PPP healthcare – Supporting fuller working lives – How organisations can embrace older employees and those with caring responsibilities. It warns that with the proportion of people aged 50 to 64 and aged 65+ in employment on the up (from 55 percent to 70 percent and from 5 percent to 10 percent, respectively, since 1984) and an estimate by Carers UK that nearly two-thirds of people are likely to end up caring for someone at some point in their lives. Yet the research claims that many businesses are not sufficiently adjusted to the changing nature of the workforce and not tuned in enough to helping workers who are often sandwiched between caring for older relatives and their offspring.

September 23, 2016

Mass media job promotion spells global staff engagement challenge ⁰

by Sara Bean • Flexible working, News, Workplace

As the global labour market warms up and active job seeking increases, employees’ plans to stay with their current employers are declining. This is due to a shift in attitudes by employees who’ve long believed that the job opportunities they were seeking did not exist in the labour market; but are being convinced otherwise as companies increasingly turn to mass media to promote appealing employment brands and job opportunities. While this is good news for companies looking to attract new talent, employers looking to retain their best people must also take notice. This is according to data from CEB’s Global Talent Monitor, which claims that employees are also putting in less effort at work in all regions except North America and suggests that to keep top talent in place, companies will need to better promote internal job opportunities and benefits, rather than letting employees think they must go elsewhere to find the jobs they want. The research did find though that UK employees are feeling generally less confident due to Brexit uncertainty.

September 22, 2016

The dramatic rise of the online gig economy revealed in new study ⁰

by Mark Eltringham • Flexible working, Knowledge, News

There has been a rapid increase in the online gig economy worldwide, according to new research from the University of Oxford. The study is based on the results of the University’s Online Labour Index which measures vacancies and activity on websites and apps related to the gig economy. It found that employers in the US are the biggest users of the online gig economy, defined as the use of workers procured over the internet for short term, piecemeal and project based work. Between May and September, US firms posted 52 percent of vacancies on the platforms followed by the UK at 6.3 percent, India at 5.9 percent, and Australia at 5.7 percent. The market grew by 9 percent over the tested period with growth fastest in the UK which saw a 14 percent increase in activity. The data also showed that software development and technology are currently the most sought-after skills. Creative and multimedia work is the second largest category, followed by clerical and data entry work.

September 22, 2016

Overwork lead employees to sandwich in lunch at their desks ⁰

by Sara Bean • Facilities management, Flexible working, News, Wellbeing, Workplace

New data suggests the further decline of the traditional UK workers’ lunch hour, as 42 percent of employees say they do not take their full lunch hour, and nearly sixty (59 percent) take less than 30 minutes. With the majority of people continuing to work during what was traditionally a break from the working routine, despite not being paid for it, the survey by healthcare advisors Benenden claims workers aren’t maximising the little time they do take, as around one in four eat at their desk five times a week with 40 percent blaming ‘too much work’. Only one fifth of those in work, take their full allotted lunch hour, and despite a boom in healthy living, there are only a small minority of workers (7 percent) who choose to exercise in their down-time. Meanwhile over half (56 percent) of respondents stated that work gets in the way of keeping active, with more than 73 percent of people saying that their employer doesn’t actively encourage it.

September 21, 2016

Innovative and ambitious disabled employees still face discrimination ⁰

by Sara Bean • Facilities management, Flexible working, Wellbeing, Workplace

Disabled employees outperform all other groups in terms of innovation and professional ambition, according to new data from the Chartered Institute of Personnel Development (CIPD) in its paper, Attitudes to Employability and Talent. The report, which explores attitudes towards employability and responsibilities for career development in the UK, includes the attributes associated with employment and career success. Individuals with disabilities ranked more highly than any other group in the categories of ‘Brings new and innovative ideas’ and ‘A great desire to develop’. The group also scored particularly highly in the categories of ‘Fits with organisational values’, ‘Good work ethic’, ‘Reliable’, and ‘Positive attitude to work’. However, when quizzed on current approaches to recruiting from diverse workforce groups, only 11 percent of respondents said they actively target individuals with disabilities during recruitment. This is despite the fact that over half (51 percent) currently employ professionals with physical and mental health conditions. More →

September 21, 2016

Millennials no different from their elders in attitudes to the workplace ⁰

by Sara Bean • Flexible working, News, Technology, Workplace

The portrait often drawn of Millennials is that of a generation which is keen to stand out from that of its elders, and which is difficult to pin down. They’re said to have difficulty accepting a hierarchical structure and no longer view their salary as the only motivating factor but instead are looking for a sense of accomplishment in their work. Yet as we reported recently, the behaviour and expectations of this younger generation has in fact stayed fairly constant. For them, the ideal company has attributes which are actually fairly similar to those cited by their more experienced colleagues. The result of the latest Edenred-Ipsos barometer into the under 30s suggests that for employers, the issue is not so much about dealing with this generation independently of the others, but rather globally rethinking leadership challenges in an environment which is increasingly digitalized, horizontal and multi-task oriented, taking into account individual countries’ cultural differences.

September 20, 2016

If you want to improve the workplace, let employees procrastinate ⁰

by Neil Franklin • Flexible working, News, Wellbeing

An analysis of workplace habits carried out by office supplies firm Viking claims that the biggest causes of worker procrastination are internal problems within an organisation, and that restricting social media usage could make employees less productive. The survey of over 1,500 office workers claims that almost half of workers (48 percent) procrastinate while waiting for other people’s work to be completed and 40 percent procrastinated in order to take a break from work and reduce their stress levels. The study also claims that people who work in an office experience more stress then those who work from home, which the study concludes is because working from home allows employees to take breaks more frequently. Although the Flexible Working Regulations introduced in the UK in 2014 suggests we’re working towards a more lenient workplace, survey findings suggest that in-office cultures are still struggling to find their footing when balancing work and relaxation.