London’s buoyant startup scene driven by tech sector success

London’s buoyant startup scene driven by tech sector success

London's startup sceneThe UK has seen an all-time high of new startups in 2014, with London contributing the majority of new businesses to the mix. According to a new analysis by Instant Offices, London’s startup scene is set to reach record highs in 2015 as it spearheads the UK’s growing entrepreneurial community. The tech industry in particular has skyrocketed, rising 40 percent year-on-year and resulting in a seven year high. Research from the national enterprise campaign Startup Britain shows 581,173 businesses registered with Companies House last year, beating the previous record of 526,446 businesses recorded in 2013, and 484,224 in 2012, indicating a rapid upward trend of the UK’s startup market. Last year alone, London produced 184,671 startups, centering around finance, media, fashion and technology. Investment into England’s capital has also seen rapid growth, with London now the leading venture capital city in Europe.

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London firms focus on wellbeing and agile working to attract staff

London firms focus on wellbeing and agile working to attract staff

agile workingAn additional 5.1m sq. ft. of office space will be required by 2019 to accommodate the growth of professional services firms in London, claims new research from CBRE. According to the studio, firms will also adopt more pragmatic workplace strategies that focus on agile working and wellbeing to meet their objectives. Nearly all (92 percent) of the respondents to CBRE’s Professional London survey claim they use the workplace to enhance employee satisfaction and 83 percent of firms use it to control costs. Firms are also placing more emphasis on wellbeing and more agile and intensive ways of using space, according to CBRE. Other factors such as technology and the design of the workplace are also increasingly important. The research suggests that staff are increasingly attracted by on-site amenities, connectivity and location and other ‘lifestyle offerings’.

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Majority of employers want to promote mental wellbeing in the workplace

Majority of employers want to promote mental wellbeing in the workplace

Majority of employers want to promote mental wellbeingEighty-four percent of employers believe they have a responsibility to provide a work environment that promotes mental well-being, according to a new Buck Consultants at Xerox survey report “Promoting Mental Well-being: Addressing Worker Stress and Psychosocial Risks,” released last week at the Global Centre for Healthy Workplaces Annual Summit in Brazil. The Global Survey on Health Promotion and Workplace Wellness Strategies – with a strong focus on companies in the United States, United Kingdom, Brazil and Singapore – found that more than one-third of employers rate the stress level within their organization as “high or very high.” However, over two-thirds of employers offer flexible work schedules, and more than half offer telecommuting to mitigate work-related stress, while more than half of employers rate their organization as very or extremely supportive of the mental well-being of their employees.

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Organisations reticent to take the plunge into 4G, claims report

Organisations reticent to take the plunge into 4G, claims report

4GBritish businesses run the risk of missing out on the opportunities offered by the latest generation of mobile technology according to a new report from Vodafone. The YouGov study of more than 1,200 decision makers in both the public and private sector found that the majority of UK organisations are yet to introduce 4G. Nearly two thirds (64 percent) of respondents said their business or organisation does not have 4G right now and a perhaps more surprising 41 percent of those have no plans to adopt it. The survey found that cost was not generally seen as a barrier to implementation compared to more prevalent issues including a widespread misunderstanding of what 4G might offer the enterprise. Even a third of those organisations who have introduced 4G confess they don’t believe it offers any additional benefits.

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KFC Germany introduces keyboard paper tray (for a while)

KFC Germany introduces keyboard paper tray (for a while)

kfc-keyboard-trayEver worry that the five minutes it takes to eat fast food is not only depriving you of nutrients but also the chance to stay online – unless you really don’t mind greasy fingerprints all over your smartphone? Maybe not, but it’s clearly a problem for some people which is why a German advertising and design agency has developed a Bluetooth enabled keyboard tray for KFC which allows customers to eat fatty food without the intrusion of inconveniences such as napkins, awareness of the physical world, their own thoughts and interactions with other people. The agency Gute Werbung and a tech firm called Serviceplan have helped the fast food chain to introduce the Tray Typer as part of a promotion. The device consists of a tray liner with a 0.4 mm thick keyboard, rechargeable battery and a Bluetooth chip.

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Growing demand for in-flight Wi-Fi worldwide, claims report

Growing demand for in-flight Wi-Fi worldwide, claims report

In-Flight Wi-FiPassenger demand for in-flight Wi-Fi is growing worldwide as people become increasingly frustrated with spaces that deprive them of the full functionality of their screens and remind them of their presence in the physical world. That is the key finding of a new report from in-flight Wi-Fi provider GoGo. The latest update to its annual In-Flight Connectivity survey of passengers in seven countries also found that demand for in-flight Wi-Fi connectivity is found to be higher in Africa, Europe and the Middle East than the US, even though more than 80 percent of US carriers already offer Wi-Fi compared to an average of around 20 percent in the other countries surveyed. Conversely,  the study claims that over three quarters of passengers in Europe and the Middle East would like to be able to use on board Wi-Fi.

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Collaborative work is the driving force behind the desk rental boom

Collaborative work is the driving force behind the desk rental boom

collaborative workingIn the wake of the Smarter Working West Midlands project, which encouraged SMEs to try co-working for free, it is increasingly apparent the nation’s small businesses are prepared to embrace alternative office space options. Both serviced offices and desk-rental can offer the flexibility a long-term office lease often cannot because they involve rental agreements that may work monthly or quarterly, while a traditional lease will generally require a commitment of several years. Desk rental also offers a chance of skill-sharing, collaborative work and networking. In fact this was the key benefit for many businesses participating in Smarter Working West Midlands. For startups the ability to expand, contract or even relocate office can be invaluable. It’s this flexibility which allows them to mould a space to their brand and make the office feel like a true home.

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European workers optimistic about the impact of workplace technology

European workers optimistic about the impact of workplace technology

Workplace technologyThe European workforce is optimistic about the impact of new and emerging workplace technology although many employers face challenges in pursuing digital business models, according to new research by Accenture. The report claims that more than four times as many workers think technology will improve their working lives than those who think it will have a negative impact. The study of over 2500 workers and 500 business leaders in the EU found that 57 percent of workers think technologies such as robots, apps, data analytics and artificial intelligence will improve their working experience versus eight percent who think it will worsen it. Fifty percent of EU workers believe that digital technology will improve their job prospects compared to 12 percent who think it will limit them.

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Expert advice issued on managing mental health in the workplace

Expert advice issued on managing mental health in the workplace

Mental health awareness weekMental health can affect people’s personal lives, wellbeing and morale. But it can also impact on their performance at work and be costly for businesses. That’s the message from Acas, which, to mark Mental Health Awareness Week, has issued a guide to managing mental health in the workplace. It advocates creating an environment where people feel confident they can disclose conditions to employers; that employers be aware of any changes in behaviour that might suggest they’re having problems; and suggests that if a problem is being caused by work, look into ways of facilitating changes, such as offering flexible working opportunities.  It is also suggested that wellness initiatives which encourage healthy eating, exercise and mindfulness can also help to reduce the severity of mental ill health.

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Millennials now account for largest percentage of American workforce

Millennials now account for largest percentage of American workforce

Glued-to-the-deskThe publication this week of a survey by EY revealed the uncomfortable fact for US employers that 38 percent of millennials would consider moving to another country for better parental leave benefits. Now, another piece of research illustrates why US employers may need to work harder to keep their millennials (adults ages 18 to 34) happy. They now make up more than one-in-three of workers, surpassing Generation X to become the largest group in the US workforce, according to new Pew Research Center analysis of US Census Bureau data. This milestone was reached in the first quarter of 2015, as the millennial workforce hit over 53 million. With its large proportion of immigrants, and at an age of transition from college to working world, the millennial workforce is likely to grow even further.

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Commuting costs the UK £148 billion annually, claims new report

Commuting costs the UK £148 billion annually, claims new report

CommutingIn spite of the growth of flexible working in the UK, commuting to an office each day costs British workers and the national economy some £148 billion annually. That is the key finding of a new report from recruitment firm Randstad. The study claims that an average commute for staff in the UK covers around 22 miles, taking around 43 minutes. The report claims that the time spent commuting continues to increase as people move further away from their main place of work, especially in the South East and North West of England. London workers – unsurprisingly – spend more than anybody else on commuting. There are also major differences across sectors with the workers in financial services, accountancy and IT industries subject to the most costly commutes.

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One third of global workers are finding work-life balance unattainable

One third of global workers are finding work-life balance unattainable

One third of workers worldwide finding it work-life balance unattainableManaging work-life balance has become more difficult for a third of workers over the last five years, with Millennials most affected. After competitive pay and benefits, nearly three quarters of people questioned in a global poll (74%) felt that being able to work flexibly and still be on track for promotion, and working with colleagues who supported flexibly were the most important considerations when choosing a job. In the countries covered in the research from EY, German and Japanese workers find it hardest to create work-life balance. Globally, around half (46%) of managers are working more than 40 hour weeks and four in 10 say their hours have increased over the past five years. Nearly half of Millennials (47%) report an increase in hours compared to 38 percent for Gen X and 28 percent for Boomers.

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