The workplace world responds to the UK Autumn Budget

The workplace world responds to the UK Autumn Budget

Yesterday, the Chancellor Philip Hammond announced the details of the UK government’s latest budget. While Brexit and austerity inevitably cast their shadows over the whole thing, there were a number of announcements relevant to the workplace, construction, tech and built environment sectors, some of which have been broadly welcomed by commentators, industry bodies and experts. Some are decidedly less popular. Among the announcements in the budget were new plans for infrastructure and property, skills and training, tax regimes for the self-employed, productivity, business rates and mental health.

More →

The jobs of the future that will survive the AI revolution

The jobs of the future that will survive the AI revolution

While the debate rages on about the exact consequences of the use of automation in the workplace,  IT firm Cognizant has identified what it claims are the jobs of the future. Of the jobs Cognizant tracks, 45 actually exist today, such as data scientist and aerospace engineer. The other five are “proxy” jobs, the key characteristics of which the report sets out to define.

More →

Majority of maternity returners say they lack support when they go back to work

Majority of maternity returners say they lack support when they go back to work

Lack of support for maternity returners among UK businesses has been uncovered in a new survey of professional, mainly management-level women. More than four fifths of pregnant women begin their maternity leave unhappy and lacking in confidence about work – and over a third feel so isolated when they return that they want to hand their notice in. MMB, a working parents’ website, surveyed more than 1,000 mothers, 72 percent of whom were in jobs at management level or above.

More →

Flexible workspace market in Asia-Pacific outpaces global markets

Flexible workspace market in Asia-Pacific outpaces global markets

The flexible workspace market in Asia-Pacific has been the fastest growing in the world over the past 12 months, according to a new study from Instant Offices. Supply of flex centres in the regions key cities has grown consistently above 15 percent with the only inhibitor to growth being a lack of available space for expansion. Supply of flex space increased by 16 percent over the last year with an estimated 8,600 centres now providing flexible office solutions across the APAC region. This influx of capital to the flex market, alongside increasing levels of demand from clients for flexible offices, has enabled rapid expansion in a short period of time. Of the 10 largest global markets for flexible office space, which incorporates co-working, executive suites, serviced offices and hybrid space, six now fall within Asia Pacific.

More →

 Stressed UK bosses admit they put wellbeing behind demands of the job

 Stressed UK bosses admit they put wellbeing behind demands of the job

 Stressed UK bosses admit they put wellbeing behind demands of the jobAlmost half of UK bosses admit they’ve felt forced to compromise their own health and wellbeing as a result of pressure at work, new research from Vistage has claimed. According to the study, 40 percent of business leaders say the demands of work have caused stress in their personal lives, while nearly a third say they frequently have to work through illness rather than taking the time they need to recover. While a quarter of business leaders say they’ve sought outside help to strike a better balance between their work and personal life, many more are choosing to suffer on in silence while their health and relationships suffer. More →

Female graduates have lower salary expectations than male counterparts

Female graduates have lower salary expectations than male counterparts

Female graduates have lower salary expectations than men

Impostor syndrome is holding female graduates back from earning as much as their male counterparts as new research from Milkround claims that women have lower salary expectations than men, with one third thinking they’ll earn under £20k. Despite a third of graduate’s belief that confidence is the top skill they need to excel in their career, a lack of confidence is holding back more women (41 percent) than men (28 percent). One in three (33 percent) women are worried about low pay and think they’ll earn under £20k in an entry level role, compared to less than a quarter (22 percent) of their male counterparts. More →

Commercial property uptake shows finance sector remains committed to London

Commercial property uptake shows finance sector remains committed to London

Undeterred by political and economic headwinds in recent years, London remains a world leading financial centre and is by far the most active centre in Europe, according to the latest research from global real estate advisor CBRE. According to the report, 1.1 million people were employed in the UK financial services sector in 2017, of which 34 percent were in London. The industry contributed £119bn to the national economy (7% of UK GDP) – half of this was generated by London, where it accounted for 14 percent of the city’s economic output.

More →

Central London office market maintains sustained levels of demand

Central London office market maintains sustained levels of demand

Central London office market maintains sustained levels of demandLondon’s office market continues to attract occupiers and investors, despite political and economic uncertainty JLL’s recent Central London offices seminar revealed. The event highlighted the strength of the capital’s office market where Central London has seen sustained levels of both leasing and investment activity so far in 2018 and JLL anticipates that the final numbers will match, if not exceed those recorded in 2017. Take-up of offices across Central London reached 8.3m sq ft at the end of Q3 2018, with 3.1m sq ft leased in the West End and 4.5m sq ft in the City.

More →

Two fifths of new recruits don’t have the right soft skills for the job

Two fifths of new recruits don’t have the right soft skills for the job

Two fifths of new recruits don’t have the right soft skills for the jobTwo-fifths of job-seekers are being hired into new roles only to discover they have the wrong soft skills for the job. This means over half are leaving companies because their personality or work style didn’t fit, claims news research published by HireVue. The 53 percent of those who had left for this reason saying the format of the hiring process had prevented them from discovering the mismatch earlier. While four-fifths (82 percent) of candidates are confident in their ability to articulate their soft skills and personality traits in an interview, many doubt that pre-hire assessments can showcase these important attributes. More →

Technical, social and legal challenges to deployment of wearables in buildings

Technical, social and legal challenges to deployment of wearables in buildings

Technical, social and legal challenges to deployment of wearables in buildings

While there is substantial potential for the deployment of wearables there are also significant technical, social and legal challenges. This is the conclusion of the latest white paper from BSRIA, ‘Wearables & wellbeing in buildings – the story so far’ which found little evidence of any practical solutions linking wearables to HVAC or building systems in general that were already in operation, apart from in “niche areas” such as wearable security fobs. A wearable is a device or an item of clothing which can be worn by a human, or possibly be carried as an implant, which has a degree of “intelligence” built into it and can potentially communicate with the Internet of Things (IoT), either directly or indirectly, for example via a Bluetooth connection to a smart phone. More →

Flexible working to contribute £148 billion to UK economy by 2030

Flexible working to contribute £148 billion to UK economy by 2030

A predicted boom in flexible working could contribute £148 billion to the UK economy by 2030, equating to 16 times the cost of the London 2012 Olympics, according to the a socio-economic study of changing workplace practices. The analysis, commissioned by Regus and conducted by independent economists, studied 16 key countries to delve into the state of flexible working now and predictions for 2030.

More →

Lack of motivation at work impacts both performance and mental health

Lack of motivation at work impacts both performance and mental health

Lack of motivation at work impacts both performance and mental healthOver seven in ten UK employees want their employers to do more to motivate them claims a new study from Reward Gateway which suggests  that some of the alarming effects that being unmotivated has on employees included a worsening in mood (60 percent); reduction in productivity levels (48 percent); declining mental health (46 percent) and a reduction in quality of work (40 percent).  Over a quarter (26 percent) say their relationships with family and friends suffer and 2 in 10 admit to drinking more alcohol when lacking motivation.

More →