November 7, 2018
Flexible office market to grow by a third each year for next five years
The gig economy has helped lead to the doubling in size of the flexible office space sector since 2014 and it’s set to grow by up to 30 percent per year over the next five years claims new research published by JLL. Disruption or Distraction, a report delving into the growth of flexible office space across Europe explores the main drivers of the sector’s boom – including evolutionary changes in how, when and where people work, shifts in lifestyle, and rapid advancements in technology – and provides unique insights into the risks and rewards for both companies and real estate investors in Europe. More →
A new report from the CIPD has found that most of those working in the HR and people management sector are confident exercising their judgement, with six in ten (64 percent) agreeing their job gives them the opportunity to fully express themselves as a professional. But more than just providing stimulating work, the people profession in 2018: UK and Ireland report shows the profession enables individuals to contribute to the ‘greater good’ and gives them a sense of purpose. People professionals also enjoy their job, with more than two-thirds of respondents saying their work makes them happy (70 percent) and energised (67 percent).
The rise of data and digitisation has led to the demise of the traditional working day for many CEOs, with a third now checking business analytics first thing in the morning and last thing before they go to bed. This peaks at 54 percent among 25-34 year olds but drops to just 5 percent for leaders over 45, who are much more fixed to their desk. According to the research by Domo (registration required), 80 percent of these leaders prefer to wait until they are in the office to check in. Three quarters (71 percent) of CEOs across the UK and Ireland believe their business could be at risk from current blind spots in data access and skills, however, there is another demographic split. 84 percent of CEOs age 25-34 said it could be a risk, compared to just half of over 55s.
Over seven in ten UK employees want their employers to do more to motivate them claims a new study from Reward Gateway which suggests that some of the alarming effects that being unmotivated has on employees included a worsening in mood (60 percent); reduction in productivity levels (48 percent); declining mental health (46 percent) and a reduction in quality of work (40 percent). Over a quarter (26 percent) say their relationships with family and friends suffer and 2 in 10 admit to drinking more alcohol when lacking motivation.
