Demand for commercial property in London continues to put upward pressure on rent

Demand for commercial property in London continues to put upward pressure on rent

London commercial propertyFollowing sustained levels of leasing activity throughout the year, JLL has calculated that over 10.7m sq ft of office space in central London has been transacted so far in 2019 and with over 3m sq ft currently under offer, has suggested that take-up is on track to total 11.6 m sq ft at year-end – which is ahead of the 11.5m sq ft of space that was leased in 2018.  Both the City and West End commercial property markets are expected to see take-up levels broadly echo last year’s totals. More →

New generation prefer technology to face-to-face negotiation

New generation prefer technology to face-to-face negotiation

Digital negotiationYounger decision makers are increasingly relying on technology such as emails, video conferencing and WhatsApp in negotiations with suppliers, rather than speaking to them face-to-face, new research from Barclaycard Payments has claimed. Despite supplier negotiation being regarded as an ‘art’ by seven in 10, many said it will increasingly be conducted digitally over the next five years (68 percent). More →

Workers often care more about income than work life balance

Workers often care more about income than work life balance

work life balanceFinancial success is important to employees around the globe but the importance of maintaining a work-life balance differs between cultures, new research from BI Norwegian Business School has suggested. More →

Stress at work blamed for epidemic of burnout

Stress at work blamed for epidemic of burnout

stress at workFour in ten professionals admit they’re on the brink of burnout, with more than two thirds stating that stress at work is the main contributor, research carried out from online jobs site CV-Library has claimed. Out of more than 2,000 UK professionals surveyed, 45 percent said they have trouble sleeping, 40 percent suffer from negative thoughts and 39 percent feel exhausted.

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Commercial property market will be shaped by climate change in 2020

Commercial property market will be shaped by climate change in 2020

commercial propertyThe world’s commercial property markets will be defined this year by low interest rates, socially responsible investing, cautious optimism and climate change as well as six other factors according to Avison Young’s 2020 Forecast. The annual report series claims to provide perspective on how global events, trends and indicators impact commercial real estate in a variety of sectors, including capital markets, office, retail, industrial, multi-family and hospitality, among others.

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UK based workers are amongst least likely to take sick days in Europe

UK based workers are amongst least likely to take sick days in Europe

sick daysAccording to time and attendance data from 2019 compiled by Mitrefinch, 53 percent more sick days were taken in January in the UK compared to all other months of the year. However, the data also suggests that UK based workers took just 4.4 days leave for sickness last year, the fourth lowest in Europe. More →

HR struggles to develop high-quality leadership talent

HR struggles to develop high-quality leadership talent

leadershipMore than one-third of HR chiefs are struggling to develop effective senior leaders and only half of 2,800 surveyed leaders believe they are well-equipped to provide the leadership to guide their company in the future, according to a survey by Gartner, Inc. Efforts to tackle the emerging issues of the 2020s and beyond – including public pressure for business transparency, the rise of automation and the creation of never-before-seen jobs – will be fruitless unless HR managers find ways to nurture and retain capable future leaders, the research and advisory company concludes. More →

Structure of teams could be source of competitive advantage

Structure of teams could be source of competitive advantage

teams and competitive advantageCass Business School and Slack have published new research into the nature future of teamwork which identifies the relationships between team alignment and execution, drivers for competitive advantage, and the role of new workplace technologies. It suggests that teams are the fundamental building blocks of modern organisations but their role in delivering better outcomes for an organisation is still undervalued. More →

Workers at Bloomberg, Netflix and Google are among happiest in the US

Workers at Bloomberg, Netflix and Google are among happiest in the US

Blind, an anonymous professional network with more than 3.2 million work-email verified users, has announced the results of a survey that identifies what the firm claims are the top fifteen companies with the happiest workers in the US. The survey of more than 10,000 Blind users claims to provide insight into the link between employee happiness and personal growth. More →

Employers shift focus to wellbeing and employee benefits

Employers shift focus to wellbeing and employee benefits

wellbeingNew research from Aon claims that employers have increased their strategic focus on both emotional and financial wellbeing programmes, while physical wellbeing programmes have remained largely static. Aon’s UK Benefits & Trends 2020 Survey (registration) shows that 51 percent of employers now have financial wellbeing strategies in place, up from 21 percent three years ago, while 68 percent have emotional wellbeing strategies, up from 41 percent. These were the least developed pillars of employee wellbeing when Aon asked organisations in its 2017 UK Health Survey. More →

Business ethics and morality have their limitations, new analysis suggests

Business ethics and morality have their limitations, new analysis suggests

business ethics

Morality has its limitations in the business domain, according to a new analysis of available research by Dr Hannes Leroy from Rotterdam School of Management (RSM) Erasmus University and his co-authors. This is despite the fact that there is a widespread belief that morality and business ethics matter in the way organisations act, although there is also a concomitant belief that there is a general lack of attention to morality in the world of leadership. This appears to be true regardless of industry, firm size, or the status and level of a leader in a company. More →

HR leaders feel completely unprepared for the future of work

HR leaders feel completely unprepared for the future of work

future of workMost chief people officers (CPOs) in the US realise they need new skills to meet the demand of the 21st century role, but few are prepared, citing a lack of development and investment from the C-suite, meaning they feel unprepared for the future of work. This is according to a new study by HR People + Strategy (SHRM’s Executive Network of business and thought leaders in human resources) and with Willis Towers Watson, a global advisory, broking and solutions company. The study, based on direct input from more than 500 executives, examined the key changes shaping the CPO role and identifies a pathway for developing and accelerating this next generation of HR leaders. More →