January 20, 2019
This year’s shortlist for the Business Booko Awards features more books than ever on wellbeing and happiness in the workplace as well as career self-development, company culture and business ethics. A record number of women authors have also made the shortlist. More →
January 18, 2019
There was a record-breaking rate of take-up within the regional office occupier markets outside of London and the South East in 2018, with few signs of Brexit-related uncertainty, according to an analysis by CBRE. Across the ten regional cities monitored by CBRE, provisional analysis shows that overall take-up reached nearly 7.3m sq ft. This level was 16 percent above the five-year average and 6 percent higher than 2017, the previous record-breaking year. The majority of regional office demand has again been driven by the business and professional services sectors. 2018 saw record take-up from flexible office operators across the UK, representing the leading portion of business services take-up. This was the year the co-working revolution surged into regional cities. Birmingham, Bristol and Glasgow were all stand out expansion locations. With more demand from flexible workspace operators – both from established and new entrants, further expansion is anticipated in 2019 albeit at a further pace as markets become more saturated.
January 18, 2019
Half of employees say that their working environment has a negative effect on their mental health (51 percent) and wellbeing (49 percent) and two-thirds (67 percent) say that they only ‘sometimes, rarely or never’ feel valued at work. The research by Peldon Rose shows that two-thirds of employees (64 percent) currently have poor or below average mental wellbeing and that the majority (56 percent) claim increasing workloads, followed by a lack of time to focus on wellbeing and exercise (46 percent) are the leading causes of their stress. While half of employees think introducing exercise facilities will help them to better tackle their workplace stress (50 percent) – less than a fifth of workplaces (16 percent) currently provide these facilities, something employers should consider when looking to boost the morale of their workforce.
January 18, 2019
Investment in diversity programmes has become commonplace: 98 percent of companies offer such programs. But that investment is falling far short of the mark: three-quarters of employees in diverse groups—women, racial/ethnic minorities, and those who identify as LGBTQ—do not indicate that they have personally benefited from their companies’ diversity programmes. This is one of the findings of Fixing the Flawed Approach to Diversity, a report from Boston Consulting Group (BCG). The report claims that a key impediment to progress is that older men (age 45 or older), who often lead decision making within corporate environments, are underestimating the obstacles in the recruiting, retention, and advancement of female and minority employees by 10 percent to 15 percent, as measured by comparison with the estimates of members of those actual groups: women, people of colour, and LGBTQ employees. This can lead to a misallocation of resources and a lack of investment in programs that could otherwise have the largest impact.
January 17, 2019
New findings from health and wellbeing provider, BHSF, suggest that home workers struggle to switch off, and this could be negatively affecting their work/life balance. Flexible working provides huge benefits for employees – it means they can avoid lengthy and stressful commutes, work at times that fit them and their families, and focus clearly without other distractions. However, all these positives may be lost if employees continually work beyond their contracted hours, warn the study’s authors. Prolonged working outside of hours can seriously affect employees’ ability to stay fresh and mentally alert.
January 17, 2019
An acute lack of supply in Edinburgh’s city centre will push up office rents to over £35 per sq ft in 2019 according to the latest estimates by Savills, which suggests that rental increases and lack of supply may cause certain organisations to consider opportunities on the city’s western periphery. The latest research from the firm shows office take-up in Edinburgh in 2018 totalled 950,000 sq ft – 18 percent ahead of the 10-year annual average – as the city continues to see robust levels of demand from across a number of key sectors and a continued focus amongst occupiers on the city centre. However, despite strong occupier demand, there was a decline in office take-up in 2018, compared to 2017 (1.04 million sq ft) which the firm attributes to a lack of good quality, city centre office supply. Edinburgh’s city centre office availability has been reducing since 2012 and take-up activity during 2018 has seen the majority of new developments being wholly or partially pre-let. This lack of supply is forcing an increasing number of occupiers to re-gear leases on existing offices against a lack of alternative options.
January 17, 2019
There is a ‘significant risk’ that the reporting ethnicity pay levels could be ‘counterproductive’ unless key differences between it and gender pay are recognised, said the Institute for Employment Studies (IES) in its response to the UK Government’s consultation on ethnicity pay reporting. Although the IES supports the government’s proposals to introduce mandatory reporting of ethnicity pay gap information, it suggests that cultural and practical barriers to collecting and reporting ethnicity data are greater than for gender pay. More time and greater government support are therefore needed to prepare for these changes. The consultation response voices specific concerns that measures to increase the recruitment of under-represented groups, for example through apprenticeships or paid internships, could serve to widen pay gaps initially. This could inadvertently discourage employers from taking positive action to improve their ethnic diversity. Reporting arrangements therefore need to also take account of changes in the levels of employment participation for different ethnic minority groups, as well as their pay.
January 17, 2019
A new study from communications technology business TeleWare claims that a growing number of employees are turning down jobs that don’t offer some form of flexible working. The survey of 2,300 UK employees claims that a quarter of all employees have turned down a job in the past for this reason. Whilst a further third (31 percent) would actively do so. Although the proportion of those that have done so is higher amongst younger workers (40 percent), three in 10 (29 percent) employees over 45 would turn down a job if flexible work options were not on offer.
January 16, 2019
Flexible working is supposed to be a boon to working parents, but it seems it’s not without its disadvantages, as a new academic study has found that part-time working mothers who have the ability to control their own schedule often end up working an increased amount of unpaid overtime. The research from the University of Kent found that for those who gained schedule control over their work there was an increase in the amount of unpaid overtime worked, as on average in the UK men work an extra 2.2 hours a week in unpaid overtime while for women it is about 1.9 hours.
January 16, 2019
Three-quarters of workers have turned professional relationships into lifelong friendships according to a new study from Business telecommunications provider 4Com, which looked into Britons attitudes towards their co-workers to reveal just how willing the nation is to create meaningful friendships and relationships with those they spend so much time with day-to-day. While a quarter of workers admit to not making lifelong friends with a work colleague, three quarters have taken their professional relationships to the next level and developed friendships with a co-worker.
January 15, 2019
New research has found that over 2 million UK workers think about quitting their job every day and this figure was significantly higher amongst younger workers, aged 18-24, with 12 percent of those surveyed stating they think about this daily. The research by CABA, a charity supporting the wellbeing of chartered accountants and their families, also highlighted that 38 percent of employees regularly encountered stressful situations at work. Women were most likely to feel this way, with 41 percent revealing they deal with stressful circumstances at least once a week. Comparatively, only 34 percent of male employees admitted to encountering such situations on at least a weekly basis. Many factors were cited as contributing to employees feeling stressed, including unrealistic expectations and unmanageable workloads. Regardless of how it manifests itself within the working environment it can have a negative impact on employee wellbeing, with over 1 in 10 (12 percent) missing at least 52 family events or personal commitments each year.
January 15, 2019
Surface Design Show hosts over 150 exhibitors highlighting the very best in exterior and interior surface design from 5 – 7 February. Taking place at London’s Business Design Centre, the show provides a platform for architects, designers and specifiers to explore interior and exterior surface materials, lighting design, development and innovation. Visitors will uncover thousands of new materials from the latest technological advances in building materials to innovative workplace surfaces and everything in between.
