Four day week at Microsoft Japan boosts productivity by 40 percent

Four day week at Microsoft Japan boosts productivity by 40 percent

Microsoft Surface Hub and the four day weekMicrosoft Japan has announced the results of its four day work week trial, and claims the move increased productivity by almost 40 percent. The trial of the four day week, named the “Work-Life Choice Challenge Summer 2019” saw around 2,300 employees given five successive Fridays off, with no reduction in salary and no days taken from annual leave. The project also included an offer of subsidised holidays and further education opportunities. Microsoft claims that the increase in productivity was largely attributable to shorter and more efficient meetings. More →

Brexit continues to dampen UK commercial property market

Brexit continues to dampen UK commercial property market

Brexit continues to affect the UK commercial property marketThe Brexit impasse is contributing to perceptions that the UK Commercial Property Market is in the downturn phase of the property cycle, according to the Q3 2019 RICS UK Commercial Property Market Survey. The latest results suggest that the highest proportion of respondents sensing the overall market is in the downturn phase of the property cycle since the series began in 2015 (+62 percent up from +53 percent in Q2), with anecdotal evidence suggesting that Brexit is having an increasingly detrimental impact on market activity. More →

Over fifties are driving the rise of self employment

Over fifties are driving the rise of self employment

over fifties and self-employmentMillions of older workers are joining and benefiting from the freelance sector, new research from IPSE (the Association of Independent Professionals and the Self-Employed) claims. IPSE’s research suggests there are now almost two million (1,907,000) self-employed people over the age of 50 in the UK: a number that has increased by 58.5 per cent in the last ten years. The growth is even bigger among highly skilled freelancers. Today, there are almost a million (950,000) highly skilled freelancers in the UK: a number that has risen by 68.2 per cent in the last ten years. More →

Fear of failure holds people back at work

Fear of failure holds people back at work

fear of failure is holding people back at workAccording to new research from Nyenrode Business University and IE University, one out of two people think they could perform better at work  if they were not worrying about making mistakes. The researchers studied 1,000 people and found that more than 40 percent of them say they have a fear of failure and making mistakes between 20-40 percent of the time or more. More →

Corporate sanctioned mindfulness is no fix for stress

Corporate sanctioned mindfulness is no fix for stress

Corporate sanctioned mindfulness is often nothing but a sticking plaster for stressThe use of mindfulness techniques in the corporate world could actually do more harm than good to employees, having little more than a ‘band aid’ or ‘quick fix’ effect, according to new research from Durham University Business School. More →

Digitalisation hindered by lack of leadership

Digitalisation hindered by lack of leadership

digitalisation held back by lack of leadershipDespite its importance in staying competitive and accelerating growth, business leaders are not seen as driving their company’s digital transformation, according to Mercer’s latest survey report, ‘Still transforming or already performing?. While 61 percent of UK HR leaders confirm that digitalisation is embedded in their company’s corporate strategy, only 3 out of 5 rate leadership as the main driver of transformation. More →

Freelancers say work makes them lonely, anxious and depressed 

Freelancers say work makes them lonely, anxious and depressed 

freelancers often feel lonelyAround two thirds (64 percent) of freelancers say they regularly feel lonely due to their work, with a further 59 percent saying they suffer from work-related anxiety, according the new research from office stationery and furniture suppliers, Viking. The survey also suggests that 60 percent say their quality of sleep is negatively affected by work, whilst over half (54 percent) read work emails on holiday. More →

Real estate leaders continue to see the value of coworking

Real estate leaders continue to see the value of coworking

serviced offices and coworkingCushman & Wakefield has published a new report that looks at the perceptions held by corporate real estate executives about flexible workspaces and coworking. Cushman & Wakefield partnered with CoreNet Global to survey more than 550 key CRE executives at organisations around the world. More →

UK and Irish law firms lead the way in adoption of agile working

UK and Irish law firms lead the way in adoption of agile working

agile working at law firmsUK based law firms lead the way in the adoption of agile working, according to a new report from CBRE which looks at the workplace strategies of major legal practices across EMEA regions. CBRE’s Law in EMEA report offers what it claims is the first ever benchmark analysis of the legal sector internationally. Although the report suggests that agile design principles are shown to be strongly associated with lower rents per person in local markets, there is limited take up of this approach amongst legal firms outside the UK.

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The workplace of the future and its tech must work for the good of society

The workplace of the future and its tech must work for the good of society

Workplace discrimination based on scare tactics faces crackdown

Workplace discrimination based on scare tactics faces crackdown

finding a voice against workplace discriminationThe UK Government has announced what it claims are new, improved measures to protect workers facing workplace discrimination. The move especially targets those employers who withhold references and enforce non-disclosure agreements to pressure employees into silence. Such tactics could now be blocked under new the proposals announced by the Department for Business, Energy & Industrial Strategy. More →

Remote working key to winning the battle for talent

Remote working key to winning the battle for talent

remote workingAccording to a new study conducted by the Centre of Economics and Business Research (Cebr) with support from Citrix Systems, Inc., companies that leverage technology to enable flexible and remote working models can not only attract talent, but increase employee engagement and productivity, potentially boosting the US economy by as much as $2.36 trillion a year. Through an online survey of more than 2,500 US knowledge workers conducted in July, the Cebr study sought to determine the potential value to the US economy of the adoption of a more widespread, flexible working culture. It claims that in offering virtual/remote work options and providing the tools to enable them, companies can better compete in the battle for talent by dipping into untapped pools of workers. More →