Future of work has arrived sooner than expected, WEF report claims

Future of work has arrived sooner than expected, WEF report claims

future of workThe Future of Jobs 2020 report from the World Economic Forum claims that COVID-19 has caused the labour market to change faster than expected. The research suggests that what was recently considered the future of work has now arrived. By 2025, automation and a new division of labour between humans and machines will disrupt 85 million jobs globally in medium and large businesses across 15 industries and 26 economies. (more…)

COVID-19 accelerates Milton Keynes tech transition

COVID-19 accelerates Milton Keynes tech transition

Milton KeynesAs the tech sector and associated businesses rise to the pressures and opportunity presented by the reality of COVID-19, Sue Foxley, Research director at Property Consultants Bidwells delves into the impact of the virtual change within the Milton Keynes office market. (more…)

Commercial rental prices fall in the UK as pandemic continues to bite

Commercial rental prices fall in the UK as pandemic continues to bite

Prices

Commercial real estate rental prices are continuing to drop in all the UK’s main business centres according to the latest quarterly figures by national office agent FreeOfficeFinder.com. Office rental prices and those for coworking spaces at the UK’s major cities are all feeling the long-term effects of the Covid-19 pandemic with predictions that they will slump even further as a result of the new lockdown measures announced by the government. (more…)

Young people suffer most from lack of motivation at work

Young people suffer most from lack of motivation at work

MotivationNew research by management consultancy Lane4, claims 44 percent of employees under 35 years old say that a lack of motivation has been hindering their performance at work since the start of the coronavirus outbreak in March.

The study of over 1000 UK employees, carried out by YouGov, suggests that the performance of younger workers (under 35 years old) is twice as likely to be impacted by a lack of motivation than that of 45-54-year olds (22 percent), and significantly more likely to be impacted by a lack of motivation than the average for all age groups (28 percent). (more…)

BCO London Region Awards winners announced

BCO London Region Awards winners announced

Five businesses have been recognised in London at the annual British Council for Offices’ (BCO) regional awards. This year, the prestigious event was held virtually as part of the BCO’s Festival Awards Week, which recognises the highest quality developments in the UK and sets the standard for excellence in the regional and national office sector. (more…)

Radical reskilling needed to ensure future of economy

Radical reskilling needed to ensure future of economy

reskillingResearch carried out by the CBI prior to the pandemic suggests there is an urgent need for the UK to embark on a radical programme of reskilling that goes further and faster than current plans. According to the CBI, the UK faces a stark choice: invest more in lifetime learning and upskilling of millions of employees, or stick to business as usual, and risk sustained higher rates of unemployment and skills shortages. (more…)

The changing office landscape: what tenants want from their workspace

The changing office landscape: what tenants want from their workspace

TenantsA new report, released by workplace design consultancy, Peldon Rose, takes a look at the changing needs of office users as a result of the Covid-19 pandemic. ā€œThe Office of the Futureā€ report, commissioned in conjunction with workplace strategy and employee engagement specialists, WKspace, examines the impact on the pandemic has had on the changing needs of tenants. (more…)

Future of the workplace: Sustainability, climate change and COVID-19

Future of the workplace: Sustainability, climate change and COVID-19

SustainabilityEnvironmental and sustainability professional, Dr Leyla Acaroglu, and next generation employee experience platform and intranet provider, Unily, have launched the Future of Workplace Sustainability Report, which explores how sustainability, climate change and COVID-19 are shaping the future of the workplace. (more…)

One in five working parents treated unfairly since COVID onset

One in five working parents treated unfairly since COVID onset

Working parentsWork-life balance charity Working Families has released a new report ā€œFlexistability: Building Back Better for the UK’s Working Familiesā€. The report claims that one in five, or 2.6 million working parents in the UK feel they have been treated less fairly at work because of their childcare responsibilities since the onset of COVID-19. (more…)

Change fatigue among employees has doubled this year

Change fatigue among employees has doubled this year

fatigueThe amount of change that the average employee can absorb without suffering fatigue in 2020 has been cut in half compared to 2019, according to Gartner, Inc. Amid worries about the economy, job security, their health and the health of their loved ones, employees’ capacity to take on change in the workplace has plunged significantly. (more…)

Ten pandemic related responses with highest business impact

Ten pandemic related responses with highest business impact

businessThe Josh Bersin Academy, a development academy for HR professionals, has announced the release of its newest research-based report, Business Resilience: The Global COVID-19 Pandemic Response Study. The 38-page complimentary report is based on a survey conducted in August 2020 of 1,349 HR leaders and professionals across the globe and all industry segments. (more…)

Frontline leaders blocked from strategic decision making

Frontline leaders blocked from strategic decision making

strategicNew research commissioned by Workplace from Facebook claims frontline managers are being shut out from making strategic decisions, due to a prevailing disconnect with leaders in HQ. Despite the Covid-19 pandemic highlighting the importance of the frontline and its leaders, managers in this environment have not been empowered to make decisions. (more…)