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We need to change the terms of the open plan office debate
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We need to change the terms of the open plan office debate

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Attractive foyer in office building designed by GenslerNew workplace data from the Gensler Research Institute claims to challenge the current narrative surrounding the open plan office ‘debate’ and uncovers the right way to invest in work-focused amenities, including coworking, that result in higher employee engagement, business performance and profit. The 2019 Gensler US Workplace Survey includes the input from more than 6,000 US office workers across a variety of industries and demographics to provide new insight into not only what makes an effective workplace, but the investments companies can make to improve employees’ workplace experience and performance. Reports for the UK, Germany, Latin America and Asia are also available here.

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Noisy workplaces regularly distract and stress out staff
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Noisy workplaces regularly distract and stress out staff

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Over half (52 percent) of workers are interrupted by noise distractions more than five times in a working day, with 17 percent stating that they are interrupted by noise more than 10 times. This is according to the Noise and Wellbeing at Work 2019 survey conducted by The Remark Group, and supported by environmental psychologist and workplace strategist Dr Nigel Oseland, an honorary senior lecturer at UCL’s Institute for Environmental Design and Engineering.  In the survey of 1,000 UK-based office workers, 65 percent reported that noise in the workplace impacted on their ability to complete work in an accurate and timely manner. (more…)

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Companies that adopt agile working enjoy improved financial performance, claims report
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Companies that adopt agile working enjoy improved financial performance, claims report

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Companies that embrace agile working and and a generally more flexible and responsive way of working enjoy a financial and operational competitive advantage over their rivals, according to new research from PA Consulting.  Two thirds of the respondents said that their business model is at risk of fundamentally becoming outdated, with agile considered a key method for transitioning to a future-proof strategy. While agile is typically regarded by many as a method geared at streamlining operations, PA Consulting’s research suggests the approach could take things a step further. The consultancy conducted an international study among 500 executives of large companies across a range of sectors, asking them how they view agile working and what they see as the key factors for successful adoption. (more…)

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Offices buck downward trend for UK commercial property market
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Offices buck downward trend for UK commercial property market

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Capital values across UK Commercial property fell by -0.3 percent in February 2019, according to the latest CBRE Monthly Index. Rental values fell by -0.1 percent and total returns were 0.2 percent. However, for the thirteenth consecutive month the Office sector recorded positive capital values, rental values and total returns. February 2019 recorded capital value growth of 0.1 percent and total returns of 0.5 percent. Rental values increased marginally by 0.1 percent. West End & Midtown offices were the only submarket to record a fall in capital values (-0.1 percent). Outside of London, UK offices pulled up the sector average with capital value growth of 0.2 percent in February.

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Workers are pessimistic about employment prospects in post Brexit era
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Workers are pessimistic about employment prospects in post Brexit era

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A new report from Personal Group claims that British workers increasingly concerned with Brexit’s potential impact on their employment. The data suggests that with just one month to go, more than a third (34.25 percent) of UK residents believe that Brexit would affect their current employment in a negative way, an increase of nearly 4 percent (+3.82 percent) when compared to survey results from 2018. Only a negligible 3 percent of respondents think that Brexit will positively affect their current employment.

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UK jobs boom set to end as finance and business sectors lose confidence
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UK jobs boom set to end as finance and business sectors lose confidence

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The boom in the UK jobs market is coming to an end just as the Brexit countdown reaches its final stages. According to the latest ManpowerGroup Employment Outlook Survey, the national Outlook for the second quarter of 2019 has fallen to +4 percent, on a par with the weakest levels of confidence seen in recent years. More worryingly, the negative Outlook in the Business and Financial services sector – which employs nearly a fifth of all UK workers – suggests jobs are set to be lost in Britain’s most important sector. The report found that the Finance and Business Services sector has fallen five points to -1 percent, only the second time in the last decade it has been in negative territory.

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Northern English cities held back by lack of opportunities for low skilled workers
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Northern English cities held back by lack of opportunities for low skilled workers

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Despite higher living costs, southern English cities such as Oxford and Exeter lead the country in their ability to provide opportunities for people with low skills.  A new report from the Centre for Cities on low-skilled workers claims that employment opportunities are greater for people with fewer or no qualifications in southern English cities than those in the North or Midlands. The report Opportunity Knocks? claims that, despite higher living costs in cities in southern England, their stronger economies create significantly more jobs for people with fewer qualifications. (more…)

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Many leaders lack the skills needed to manage in the digital age
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Many leaders lack the skills needed to manage in the digital age

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A study conducted by The Oxford Group (registration) claims that companies are struggling to adapt to a digital workplace as leaders lack the critical digital skills they need to transform the organisation. Whilst 96 percent of respondents said the onus is on leaders to drive the adoption of new technologies and 94 percent believe it’s important for leaders to challenge traditional ways of thinking, only a third (33 percent) of leaders feel well prepared to lead their business. Gaps in leaders’ digital skill-sets are having a major impact on their ability to transform; 41 percent say that a lack of digital expertise makes decision-making more difficult, and 30 percent say it has prevented their team from innovating.

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Construction and property firms call on Government to set binding environmental targets
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Construction and property firms call on Government to set binding environmental targets

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Twenty-three of the UK’s most influential built environment businesses have signed an open letter to the Chancellor of the Exchequer asking for the Environment Bill to provide the foundation for economic growth that is restorative and regenerative by design. In the letter, which was coordinated by UK Green Building Council in collaboration with GreenerUK, the signatories highlight the depletion of nature in the UK and call for a strong response to the challenge this presents. They urge the Government to use the upcoming Environment Bill to set legally binding targets for the achievement of environmental objectives – including tackling biodiversity loss, improving water and air quality and cutting down resource use and waste. (more…)

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On International Woman’s Day – why advancing women is still not a business priority
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On International Woman’s Day – why advancing women is still not a business priority

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It has probably not escaped your notice that today is International Woman’s Day, which for Workplace Insight means a plethora of studies on the topic of women/jobs/salaries and ways women might work differently to men. We’ve decided not to waste anyone’s time and ignored most of them (particularly the patronizing ones on how ladies are so intuitive) but managed to find a few kernels of information. First, the good news that women have doubled their share of top jobs at technology companies, pulling in higher salaries than men last year, according to executive search firm Odgers Berndtson. (more…)

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RICS and CIBRE to publish new book on diversity in the real estate sector
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RICS and CIBRE to publish new book on diversity in the real estate sector

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RICS and CIBRE to publish new guide to diversity in real estate sectorRICS and CBRE have announced the publication of a new book: Managing Diversity and Inclusion in the Real Estate Sector, which will be launched at MIPIM 2019 in Cannes. Co-authored by real estate veterans, Amanda Clack, Head of Strategic Advisory at CBRE and Judith Gabler, Acting Managing Director, Europe for RICS, the book places diversity and inclusion (D&I) at the centre of successful real estate and construction organisations. The book provides guidance to, and most importantly actions for professionals in the sector who want to make D&I an inherent part of the culture of their organisation. The book aims to educate the real estate sector about what D&I entails and how a D&I strategy can be implemented to secure future success. It presents a practical and easy-to-read guide that can help organisations and their leaders engage with and apply this agenda to win the war for talent in real estate and construction. It seeks to be about action not words and help those in the sector #BeTheChange.

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British Property Federation urges government to create coherent proptech strategy
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British Property Federation urges government to create coherent proptech strategy

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The UK is well placed to capture the lead as a global hub for real estate technology and innovation a report from the British Property Federation claims. But the country needs to develop a joined-up proptech strategy and roadmap to remain competitive globally, according to the report published jointly by the British Property Federation and Liquid Real Estate Innovation. The LIQUID Report: Leading the Digital Transformation of Global Real Estate claims that the UK is already a leader in terms of its capacity for innovation, data infrastructure, market transparency and quality of education, but falls behind other countries in terms of venture capital investment and technology infrastructure.

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