June 6, 2019
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BT to dispose of 90 percent of real estate
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BT has announced that it plans to close more than 270 offices as part of a five-year programme to cut costs by around £1.5bn. The firm says it will retain 30 sites in its real estate portfolio, primarily those “containing modern, future-fit buildings, including corporate offices, contact centres and specialist sites”. BT has announced the first eight locations for its new consolidated offices as part of what it calls the “Better Workplace Programme”, which was first announced in May 2018. The offices will be located in London, Belfast, Cardiff, Edinburgh, Bristol, Birmingham, Manchester and Ipswich. (more…)
Research commissioned to mark today’s World Environment Day claims employees expect their employers to commit to better environmental policies and sustainability, with three quarters of office workers (73 percent) wanting their workplace to improve its sustainability policy, and nearly a quarter (24 percent) claiming they would refuse a job at an organisation with a poor sustainability record.
Worker performance could increase by 20 percent if the fresh air supply in offices and meeting rooms is improved, finds a new report developed by Sharp and workplace psychologist Dr Nigel Oseland. 
An emerging super-group of employees and consumers in the UK is adding intense pressure to already challenged C-suite leaders who are navigating tough economic, technological and geo-political environments – further threatening company growth, a new Accenture (NYSE: ACN) study finds. With nearly three-quarters (73 percent) of these powerful stakeholders believing they have the potential to destroy company value in the long term, the C-suite understands the need to respond. 
Employees trust their CEOs less than they did seven years ago, although trust in line managers remains the same, new research claims. It also suggests that one of the reasons for mistrust is that CEOs seem unable to understand the role of their employees and the contributions they make to working culture. According to Trust in Leaders, by The Institute of Leadership & Management, workers trust their CEOs considerably less than they did in 2011, as compared to then, the results show trust in CEOs has fallen by 8 percent.
A new study suggests that more than 7 in 10 Britons working in production are concerned that their jobs may be made obsolete thanks to developments in Artificial Intelligence in the coming years. What’s more, over two fifths of respondents believe AI could rebel against humans. As technology develops and more money and time is invested into AI, the public’s opinion has been explored, with those working in production, HR and construction uncovered to be the most worried that AI could take their jobs away from them. 
Over a third of respondents (36 percent) to a new survey report they are commuting for more than 90 minutes a day; yet despite a high demand for employer provisions to help alleviate the stress of the commute such as flexible or remote working and season ticket loans, 43 percent of employees stated that these were not currently offered by their employer. The Commuter Survey from Office Space in Town also claims that among the top commuting complaints were: lengthy journeys (32 percent); overcrowding (27 percent) and delays and frequent cancellations (26.01 percent). With the survey also revealing 75 percent take the commute into account when making their employment decisions, there is a lot that employers could be doing to minimise the negative impact on employee attraction and retention.
Over recent years, we have witnessed significant changes when it comes to the workplace. Women are continuing to push through the glass ceiling, offices are starting to look more likes homes and businesses are opting for a more flexible and sociable working environment. This rise in coworking and other forms of flexible office space is just one of the latest trends to emerge from the corporate world, and according to a report by office brokers 
