Traffic congestion cost UK drivers nearly £8 billion in 2018, study claims

Traffic congestion cost UK drivers nearly £8 billion in 2018, study claims

Inrix has published its annual Global Traffic Scorecard that claims to identify and rank congestion and mobility trends in more than 200 cities across 38 countries. In the UK, the 2018 Traffic Scorecard analysed congestion and the severity of it in the top 20 urban areas. It claims drivers lost an average of 178 hours a year due to congestion, costing them £7.9 billion in 2018, an average of £1,317 per driver. London (227 hours lost due to congestion) and Birmingham (165 hours) ranked as the two most congested cities in the overall impact of congestion ranking.

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Belfast office sector has enjoyed its most successful year ever

Belfast office sector has enjoyed its most successful year ever

Belfast office market enjoys its most successful year ever: pic Merchant SquareThe office sector in Belfast has enjoyed its most successful year on record, with 885,023 sq ft of take-up reported across 84 transactions, more than double that was achieved last year, according to CBRE’s Offices Marketview research. Notable office deals completed in 2018 include PwC’s move to Merchant Square, Northern Ireland Civil Service to 9 Lanyon Place, Allstate to Mays Meadow, TLT to River House and Baker McKenzie to City Quays 2. According to CBRE Northern Ireland Office the local office market’s record breaking year is an indicator of the resilience of the commercial property market as well as the wider Northern Ireland economy.

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Organisational innovation being stymied by lack of senior support

Organisational innovation being stymied by lack of senior support

Organisational innovation being stymied by lack of senior supportA lack of senior stakeholder support is the greatest inhibitor of change, new research suggests as despite considerable enthusiasm to innovate, organisations are being thwarted by tight resources and strong internal resistance. The data commissioned by KCOM found that organisations are also limiting themselves by turning away the specialist skills and experience that could help them advance, through overly predictive procurement processes. They are however, eager to be more competitive, which is why organisations are making big investments in innovation projects. Almost half (43 percent) consider driving digital transformation to improve competitive advantage to be their top priority in the next year. A further 32 percent are allocating at least 20 percent of their IT budget to new projects. Both public and private sector organisations are also taking an increasingly people-centric approach to digital transformation. In the next year, 80 percent said they would incentivise staff retention through training, accreditation and career development to deliver on their innovation strategy. This is compared to 71 percent who said they would do so by investing in new technologies.

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Stark levels of stress among small business owners as they struggle to stay solvent

Chronic work-related stress has risen sharply among small business owners, with a fifth of small business owners look to taking a job elsewhere to stay afloat this year. This is according to new research from AXA, which reveals that many are adopting short-term planning and cutting reliance on external funding ahead of Brexit. Staying agile and light is a common strategy, but may not give businesses the best chance of survival if financial cushions are not in place too. The study finds a sharp increase in financial anxiety amongst business owners. Over the course of 2018, those reporting they felt chronically stressed about their businesses increased by almost 50 percent, reaching 29 percent by year end. More →

Lack of cohesion in many organisations on adoption of digital workplace

Lack of cohesion in many organisations on adoption of digital workplace

The majority of organisations (58 percent) do not have a have a clearly defined strategy in place when it comes to adopting and integrating digital workspace technology which suggests that implementing and making use of such technology is still being carried out in something of a haphazard manner. The findings of the research are summarised in SoftwareONE’s Building a Lean, Mean, Digital Machine report, which also claims that, despite the fact that almost all organisations (99 percent) employ some form of digital workspace technology, respondents have encountered a host of challenges when it comes to using them. These include higher security risks (cited by 47 percent) and a lack of employee knowledge in how best to use the solutions (45 percent).  More →

UK workers demand better remote working options, claims Airbnb report

UK workers demand better remote working options, claims Airbnb report

UK employers need to provide more flexible and remote working options in order to attract the best talent, according to new research released by Airbnb for Work. Airbnb’s Future of Work report, the first of its kind from the platform, has revealed that the modern trend of remote and flexible working shows no sign of slowing down, and companies embracing this change stand to make the best hires. Workers in the UK are demanding more flexibility than ever, with 77 percent of respondents – and 84 percent of Millennials – agreeing that companies need to provide more remote options to attract talent.

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Staff are still largely sedentary and want benefits that will help improve wellbeing

Staff are still largely sedentary and want benefits that will help improve wellbeing

Staff are still largely sedentary but want benefits that help improve wellbeingDespite the fact that a large number of employees continue to be relatively sedentary during their working day, there a growing demand for benefits that could help them achieve a healthier lifestyle, claims new research from Personal Group. More than 40 percent of employees surveyed want health insurance to be added to their workplace benefits programme; more than a third (34 percent) would like their employer to introduce discounted gym memberships, and more than one in four (28 percent) want to have access to rewards linked to physical activity. Almost a quarter (24 percent) want physical health-based incentives, such as interdepartmental step challenges or competitions added to their company-wide benefits programme. However, data shows that 70 percent of those surveyed who sit down to work only get up from their desk or workstation every hour at best, and 38 percent only move every two hours or more. Furthermore, a large proportion of employees eat at their desk or workstation on a regular basis (32 percent) and the majority choose to drive to work (60 percent) over walking (15 percent) or cycling (3.5 percent).

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London remains preferred destination for global corporate real estate investors

London remains preferred destination for global corporate real estate investors

London is still the world’s top destination for investment in commercial real estate despite ongoing uncertainty about Brexit, well above both Manhattan and Paris, the next two biggest markets, new research claims. Around£16.2 billion was invested in central London’s commercial offices in 2018 compared with £14.3 billion in Manhattan, £12.1 billion in Paris and £8.4 billion in Hong Kong, according to the analysis report from international real estate firm Knight Frank.

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Basic income experiment increased wellbeing but did not encourage people to find work

Basic income experiment increased wellbeing but did not encourage people to find work

Giving jobless people in Finland a basic income for two years improved their self-perceived wellbeing but did not lead them to find work, researchers have concluded. In the trial, from January 2017 until December 2018, 2,000 unemployed Finns were paid a monthly flat amount of €560.  The aim was to see if a guaranteed payment would help people to find jobs and support them in taking on more insecure work. While employment levels did not improve, participants reported to the researchers that they felt happier and less stressed.

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TUC calls for a complete ban on zero hours contracts

TUC calls for a complete ban on zero hours contracts

Zero-hours workers are more than twice as likely to work night shifts than other workers, according to new analysis published by the TUC. The analysis shows that on a range of key measures, zero-hours workers are having a tougher time those in secure employment. The TUC is now calling on the Government to ban zero hours contracts and do more to help people who work anti-social hours.  More →

Insight weekly for 8 February 2019 is available to view online

Insight weekly for 8 February 2019 is available to view online

If you don’t already subscribe to our weekly newsletter (signup on the right and you’ll only ever get the newsletter, nothing else), you can still read it online here. This week: Rob Harris wonders whether one of the solutions to the most common forms of misinformation and misperception about the workplace might be to break with traditional wisdom and shoot the messengers; Jonathan Hindle calls for an end to the incessant bickering about open plan and enclosed offices as if it were a zero sum game and suggests we should focus more on finding the Goldilocks point offered by agile workspaces; our weekly round-up of the best stories online considers the permanent beta of the office, encouraging certain types of behaviour and the problem of belligerent job interviews; and Amy Laviers points out that, while robots might be able to impress us with their ability to do backflips, they still can’t pick up a paperclip or fold a piece of paper.

Post digital era offers the chance to create personalised experiences at work

Post digital era offers the chance to create personalised experiences at work

The enterprise is entering a new “post-digital” era, where success will be based on an organisation’s ability to master a set of new technologies that can deliver personalised realities and experiences for customers, employees and business partners, according to the Accenture Technology Vision 2019 annual report that sets out to predict the key technology trends that will redefine businesses over the next three years. More →