Younger workers are the least likely to favour hybrid working

Younger workers are the least likely to favour hybrid working

The appeal of hybrid working is linked to the life and career stage of employeesNew research has revealed the nuances in attitudes towards hybrid working and work-life balance in the UK and US. Perhaps unsurprisingly, the appeal of hybrid work is linked to the life and career stage of employees. The poll from United Culture suggests that work-life balance is the factor most valued by employees at work (58 percent), but is much more appealing to women than men (66 percent vs. 52 percent). Flexibility came in second place, chosen by 47 percent. More →

Corporate real estate strategies are now people centric focused on new ways of working

Corporate real estate strategies are now people centric focused on new ways of working

Corporate real estate decision-making and people-centric strategies are becoming more integratedCorporate real estate decision-making and people-centric strategies are becoming more integrated, according to CBRE’s 2023 European Occupier Survey. The report claims that 68 percent of organisations have partnered across multiple business functions including HR, IT and Communications when implementing workplace change strategies, indicating the importance of real estate decisions at a corporate level. More →

Flexible working means large firms plan to work with less but better office space

Flexible working means large firms plan to work with less but better office space

Around half of the world’s larger multinationals are planning to cut back on their office estate in response to the rise of hybrid and flexible workingAround half of the world’s larger multinationals are planning to cut back on their office estate in response to the rise of flexible and hybrid working, according to a new report from Knight Frank. According to the study, 50 percent of employers with more than 50,000 staff worldwide will reduce their office space by between 10 and 20 percent over the next three years. However smaller firms are set to increase their demand for office space according to the real estate advisor. More →

UK workers spend less time in the office than any other country, but still think it’s too much

UK workers spend less time in the office than any other country, but still think it’s too much

Workers in the United Kingdom spend less time in the office than any other country, however they want to further reduce their days further.Workers in the United Kingdom spend less time in the office than any other country, however they want to further reduce their days further. That is according to a new study from Unispace. The report, Returning for Good [registration], combines the results of a poll of 9,500 employees and 6,650 business leaders from 17 countries worldwide – found that just 34 percent of employees in the UK are in the office four or more days a week, less time than workers in any other country. More →

Four million UK employees have changed careers due to a lack of flexible working options

Four million UK employees have changed careers due to a lack of flexible working options

New research from the CIPD suggests that an estimated 4 million people have changed careers due to a lack of flexible working optionsNew research from the CIPD suggests that an estimated 4 million people have changed careers due to a lack of flexible working options, while an estimated 2 million have left a job in the last year for the same reason. As a result, the CIPD is warning that businesses may face a talent exodus if they fail to offer more flexible choices to people. The CIPD’s latest report, which explores employee and employer perspectives towards flexible and hybrid working practices, highlights that offering them is key to retaining and attracting staff, addressing the current skills shortage and fostering inclusive workplaces. More →

Unintended economic consequences of remote working becoming evident

Unintended economic consequences of remote working becoming evident

New data suggests that office attendance in London has recovered strongly since the end of Covid restrictions, confounding predictions of remote working becoming the ‘new normal’New data suggests that office attendance in London has recovered strongly since the end of Covid restrictions, confounding predictions of remote working becoming the ‘new normal’, according to a new report from the Centre for Cities. However, recovery has stalled in 2023 and the report, London, Office politics: London and the rise of home working, co-authored with Professor Dan Graham and his colleagues from Imperial College and published in partnership with EC BID, addresses the possible economic risks of businesses adopting hybrid working permanently. More →

Three quarters of firms have now mandated some form of ‘return to office’

Three quarters of firms have now mandated some form of ‘return to office’

A new poll from Unispace claims that around 72 percent of companies globally have now mandated a return to office based workA new poll from Unispace claims that around 72 percent of companies globally have now mandated a return to office based work. However, many respondents also report losing key employees due to mandates, with recruitment also being impacted by enforced returns. The report concludes that companies are failing to recognise the drivers of workers’ reluctance to return to the workplace, and likewise, the opportunities and value that the physical workplace provides. More →

Four in ten low income working parents have gone into debt to pay for childcare

Four in ten low income working parents have gone into debt to pay for childcare

The Working Families Index 2023: Spotlight on lower-income families reveals that many working parents on lower incomes are forced to go into debt, reduce their hours, or leave their jobs altogether due to problems affording and accessing childcareA new poll from Working Families in partnership with law firm Pinsent Masons, sets out to highlight the challenges that lower-income parents in the UK face as they balance work and caring for their children. The Working Families Index 2023: Spotlight on lower-income families reveals that many working parents on lower incomes are forced to go into debt, reduce their hours, or leave their jobs altogether due to problems affording and accessing childcare. The report also claims that working mothers on lower incomes take far less maternity leave than the UK average, and that working parents on lower incomes are often locked out of the flexible arrangements they desperately need to stay in work and earn vital income whilst balancing their childcare responsibilities. More →

Hybrid working averse businesses missing out on €113 billion opportunity

Hybrid working averse businesses missing out on €113 billion opportunity

European businesses continue to miss out on the full potential of hybrid working, according to a new survey from Ricoh EuropeEuropean businesses continue to miss out on the full potential of hybrid working, according to a new survey from Ricoh Europe.  The research, conducted by Opinium and analysed by CEBR, polled 6,000 workers and 1,500 decision makers across Europe. Business leaders say that workers are, on average, 4 percent more productive in a hybrid culture, equivalent to an additional €113 billion to the European economy compared with pre-pandemic ways of working. More →

Getting back to the future of work

Getting back to the future of work

future of workQuoting George Orwell is the kind of thing that people who haven’t read George Orwell do. I have read Orwell, and even have a  drunken story about Paul Shane signing my copy of the Collected Essays, which was the only autograph-able material I had on me at the time I met him in a pub in about 1990. For another time. In Nineteen Eighty-Four, Orwell describes Winston Smith’s realisation that the best books are those that tell you what you already know. This is an ancient profundity, and one that is sort of useful during times of significant, rapid change, when we are obliged to confront old truths in a new context. History doesn’t repeat itself, it rhymes, as they say. More →

Flexible working and its benefits are enjoyed most by highest paid workers

Flexible working and its benefits are enjoyed most by highest paid workers

Low paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 reportLow paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 report from advocacy group Flexibility Works. Just half (51 percent) of workers surveyed for the report earning less than £20,000 a year work flexibly, compared with eight in ten (80 percent) workers earning more than £50,000. The figures are from an analysis of flexible working in Scotland, which is supported by the Scottish Government and The Hunter Foundation. More →

Half of gig workers earn below the minimum wage

Half of gig workers earn below the minimum wage

More than half of gig workers in the UK are paid below the minimum wage, a new study claimsAs the cost of living continues to spiral, a new report shows more than half of gig economy workers in the UK are paid below the minimum wage. The study, led by the University of Bristol, found 52 percent of gig workers doing jobs ranging from data entry to food delivery were earning below the minimum wage. On average respondents were earning £8.97 per hour – around 15 percent below the current UK minimum wage, which rose to £10.42 this month. More than three-quarters (76 percent) of survey respondents also experienced work-related insecurity and anxiety. More →