L`Oréal moves London HQ to White City Place

L`Oréal moves London HQ to White City Place

by • News, Property

L'Oreal White CityL’Oréal UK and Ireland has announced that it will be moving from its current office site in Hammersmith to a brand new bespoke building in White City Place, West London, W12. L’Oréal will occupy six floors of the eleven storey building, which is part of the new creative business district White City Place, developed and owned by Stanhope, Mitsui Fudosan and AIMCo. Other occupiers at White City Place include the fashion designers Ralph & Russo, online luxury fashion retailer Yoox-Net-a-Porter, the BBC and ITV Studios. The workforce of 1,000 employees at L’Oréal’s London-based headquarters are due to move in Autumn 2023 to the new building, which is when the company will reach the end of its current lease. Stanhope claims that the space will reflect L’Oréal’s culture, focused on collaboration, creativity and agility. More →

Executive pay at major firms will today exceed entire 2020 pay for average worker

Executive pay at major firms will today exceed entire 2020 pay for average worker

by • News, Workplace

executive payThe average FTSE 100 boss will have already earned as much by 5pm today as a typical employee will take home this entire year. According to the analysis from the CIPD and the High Pay Centre, those leading Britain’s biggest companies earn 117 times more than the average worker. The CIPD and High Pay Centre are calling on businesses not to treat the new reporting requirements on executive pay as a ‘tick-box’ exercise and to use it as an opportunity to fully explain CEO pay levels. They also highlight the need for firms to provide a clear rationale for why CEOs are paid what they are and what is being done to address the issue of fair pay in their organisation more broadly. They consider this an important step to help build trust in business amongst employees, wider stakeholders and society. More →

Workplace gossip can be good for people – sometimes

Workplace gossip can be good for people – sometimes

by • News, Working culture

workplace gossipNew research from The University of Salford’s Professor Kirk Chang, Professor of Human Resource Management, claims that workplace gossip can sometimes have a positive impact on employees. Published in the January 2020 issue of The Chinese Journal of Psychology, the study involved 307 employees in 24 companies operating in a range of industries in Taiwan. The research suggests that 61 percent of gossip in the workplace is positive, and while the impact is not hugely significant, it could be considered beneficial. Professor Chang concludes that by encouraging a more open attitude towards positive workplace gossip, water cooler chat should not be viewed as wasting time, but as an important mechanism for facilitating interactions and developing relationships. More →

Over 65s will drive half of all jobs growth in coming decade

Over 65s will drive half of all jobs growth in coming decade

by • News

New projections from Rest Less, a jobs, volunteering and advice site for the over 50s, claims that workers aged 65 and over are likely to be responsible for at least 50 per cent of all UK employment growth in the next 10 years. The analysis, based on population projections from the Office of National Statistics, makes an assumption that the current employment rate of each age group will remain static, and suggests that with population changes alone, the over 65s are likely to be responsible for 52 per cent of all the UK’s employment growth in the next 10 years, 57 per cent in the next 20 years and as much as 62 per cent by 2060. More →

Turns out there is an I in TEAM after all

Turns out there is an I in TEAM after all

by • News

The I in teamThere is no I in Team – as the saying goes. But new research suggests it is important for individuals to feel personal ownership towards a team project in order to be more creative. The study, led by Dr Ieva Martinaityte of the University of East Anglia (UEA)’s Norwich Business School, suggests that this also drives each member to invest more time and effort into the project.

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Most people have no idea what impostor syndrome is, but they know they have it

Most people have no idea what impostor syndrome is, but they know they have it

by • News, Working lives

impostor syndromeA new survey claims that only 15 percent of UK adults know what impostor syndrome is, although more than three-quarters (77 percent) claim to have suffered from it at some point in their lives. The survey of more than 500 UK adults was carried out by media agency UM. It suggests that office workers and those in professional services were the most likely among all those in full-time employment to suffer from impostor syndrome – behind only school and university students. More →

IoT devices put workplace privacy at risk

IoT devices put workplace privacy at risk

by • News, Technology

Three-quarters (74 percent) of IT decision makers believe that IoT devices in the enterprise pose a significant threat to workplace privacy. That’s according to new research from Kollective.  The report ‘Distributed Devices’ (registration), is based on a survey of 270 US and UK based IT decision makers and claims to explore the challenges and risks of incorporating IoT devices into business ecosystems. This research investigates how IT teams can ensure all devices at the edge of their networks are reached securely, effectively, and at scale. More →

Gig workers like the work-life balance but would prefer permanent roles

Gig workers like the work-life balance but would prefer permanent roles

by • Flexible working, News

More than one in ten (12 percent) so-called gig workers in the UK are working multiple roles and consider temporary work as their main role, taking advantage of improved work-life balance, greater variety of work and the ability to see more of their families, according to a new report. The research, carried out by Reed Specialist Recruitment, for its Temporary isn’t Temporary campaign, surveyed 5,000 workers and looked at their experience of, and attitude to, temporary and multiple career roles.

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Self-driving cars will be most transformative future tech, bosses say. Techies disagree

Self-driving cars will be most transformative future tech, bosses say. Techies disagree

by • News, Technology

Self-driving cars are set to have a significant impact on society and change our future the most over the next 20 years, according to research from CWJobs. Working in collaboration with “futurologist” Melissa Sterry, the report (registration) surveyed over 2,000 UK business decision makers and IT workers to determine the technological inventions with the greatest impact on society since 2000 and what’s to come in the next 20 years. More →

RICS report calls on organisations to adopt more responsible policies

RICS report calls on organisations to adopt more responsible policies

by • Environment, News, Property

The Royal Institution of Chartered Surveyors (RICS) has launched a new ‘Responsible Business Report with recommendations for real estate firms to develop and implement responsible business practices, to improve their business culture, reduce their environmental impact and attract and retain the brightest talent. Best practice case studies from leading companies such as CBRE, Sodexo, John Lewis and Vinci Facilities are included in the report. More →

Are these the best places to work in the UK?

Are these the best places to work in the UK?

by • News

Glassdoor has announced the winners of its 12th annual Employees’ Choice Awards – its sixth in the UK – honouring the Best Places to Work in 2020 across the UK and eight other countries. Unlike other workplace awards, the Glassdoor Employees’ Choice Awards are based on the input of employees who voluntarily provide anonymous feedback, by completing a company review about their job, work environment and employer over the past year. Common themes among the Top 50 UK Best Places to Work in 2020 include work-life balance, a great culture, smart people and respect for and from leadership and senior management. More →

Occupier priorities are shifting, according to new facilities management trends report

Occupier priorities are shifting, according to new facilities management trends report

by • Facilities management, News

what people want from facilities managementCBRE Global Workplace Solutions (GWS) has published the 2019 edition of their Top Trends in Facilities Management report. The latest version of this annual report claims to highlight how changes in occupier needs are impacting FM strategies. The latest trends are broken down into four broad categories: client relationships; contracts; an increasing focus on people and technology. More →

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