November 22, 2018

Demand by investors for UK commercial property remains strong

by Sara Bean • Cities, Facilities management, News, Property

The level of demand for UK commercial property remains strong, despite continued lack of clarity over Brexit. According to the latest GVA review of commercial property investment market, European investors were more risk averse to the UK market because of the uncertainty caused by Brexit but demand from overseas investors, particular from China and the Far East, strengthened in 2018. Domestic investors have also made a ‘come-back’ to the UK market and have accounted for approximately 12 percent more acquisitions in 2018, compared to the previous year. In the North East, the lack of availability of investment property is one of the biggest factors affecting growth and there remains strong competition, particularly for prime well let assets. Regardless of political uncertainty, the fundamentals of the UK commercial property market will continue to make it an attractive place to invest, with London remaining the number one priority target of investors outside of Europe. Overall, the report concludes, the UK commercial property market will remain attractive with the exception of retail.

November 22, 2018

Poor mobile coverage in commercial buildings is jeopardising business

by Sara Bean • Facilities management, Flexible working, News, Technology

The majority (89 percent) of employers say in-building mobile coverage is important to their business, but only 17 percent of businesses have full bar indoor mobile coverage, claims a new report. ‘Building Connections’, commissioned by Vilicom argues that as 78 percent of adults own a smartphone and check it every 12 minutes on average, and with the number of UK landlines falling 35 percent from 10m in 2010 to 6.4m in 2017, a lack of mobile coverage seriously threatens productivity, revenue, damage to reputation and customer satisfaction for organisations of all kinds.

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November 21, 2018

Go Home On Time Day highlights one of the least discussed workplace issues

by Mark Eltringham • Flexible working, News, Wellbeing

Today is National Go Home on Time Day (in Australia at least) and the 10th annual report by The Australia Institute’s Centre for Future Work published to coincide with it estimates that Australian employees will work 3.2 billion hours of unpaid overtime for their employers this year, worth an estimated $106 billion in wages. It’s refreshing to see a figure applied to this issue, because most of the stuff we get tends to highlight how much time employers are losing to the myriad of distractions, responsibilities, foibles, preferences, cock-ups and ailments that come with giving jobs to humans. An issue we satirise here. (more…)

November 21, 2018

UK on target to reach one million women working in STEM fields by 2020

by Neil Franklin • News, Workplace

According to new research by WISE, the campaign for gender balance in science, technology, engineering and mathematics (STEM), the UK is on track to have one million women working in core STEM roles by 2020. The research shows that there are over 900,000 women working in STEM currently and an estimated 200,000 women with STEM qualifications will reach working age within the next 2 years. The news was announced at WISE 2018 Awards presented by the Patron of WISE, HRH, The Princess Royal.

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November 21, 2018

Career opportunities with SMEs are growing, but graduates not convinced

by Sara Bean • Cities, News, Workplace

Small and mid-sized businesses have hired three times more people than larger businesses over the past five years and could overtake large companies by 2030, according to new analysis of the latest ONS data commissioned by Santander Business Banking. However, separate research commissioned by the bank has found that significant numbers of young people are failing to recognise the significant job opportunities that SMEs offer. Just a third (35 percent) of Generation Z and Millennials leaving full time education say they wish to work for an SME, while an even smaller proportion, just one in six (18 percent), want to work for a start-up or micro business. (more…)

November 21, 2018

Organisations with supportive approach most likely to attract talent

by Sara Bean • News, Wellbeing, Workplace

Employers must raise their offering to meet the demands of millennials, as they reach a pivotal time in their careers and demand their employers stand for a purpose. This is according to the 2018 Organisational Wellbeing & Talent Insights Report from Gallagher which finds that to have any impact with this audience, organisations must demonstrate a strong employer value proposition. This is essentially, ‘how you want to be seen’; a set of values lived by workers, driven from the top down. The best organisations match these goals by becoming ‘destination employers’ that are able to win over talent with a more supportive approach. (more…)

November 20, 2018

Employers urged not to think of mental health as a minority issue

by Sara Bean • Events, News, Wellbeing, Workplace

Following the call yesterday by business leaders for the mandatory provision of mental first aiders at work, new research claims many more workers are affected by mental ill health than usual estimates. Instead of a perceived one in four people affected by mental health, according to the results of new research from Accenture, nine out of ten workers (90 percent) are touched by mental health challenges. Two-thirds (66 percent) have personally experienced mental health challenges and even more — 85 percent — say someone close to them such as a family member, close friend or colleague had experienced them. (more…)

November 20, 2018

Investment in London commercial offices unlikely to be changed by Brexit

by Sara Bean • Cities, Facilities management, News, Property

London’s commercial office appeal unlikely to change because of Brexit Investment in City of London offices is up by 7.6 percent for the same period last year reaching £9.47 billion as of the end of October 2018 – while the West End market is on track to reach at least £7.4 billion before the year is out. This is up on the £7 billion turnover seen in 2017, according to Savills. Stephen Down, executive director and head of Savills Central London investment team, says: “Demand for central London offices has remained buoyant throughout 2018. While we may not see the year set any new records, annual volumes look set to either surpass or draw very close to those of 2017. (more…)

November 19, 2018

Business leaders call for legislation ensuring compulsory mental first aid at work

by Sara Bean • Legal news, News, Wellbeing, Workplace

Business leaders have called today for the Government to update health and safety legislation to protect mental health in the workplace. In an Open Letter to the Prime Minister signed by more than 50 leaders of some of Britain’s biggest employers including PwC, Royal Mail, WHSmith, Mace, Ford and Thames Water calls on the Government to prioritise its manifesto pledge to amend health and safety legislation to put mental and physical first aid on an equal footing. With mental health issues estimated to cost the UK economy almost £35 billion every year as 15.4 million working days are lost to work-related stress, depression or anxiety the letter, signed by the Chairman of Mental Health First Aid England and the CEO of Bauer Media Group, along with leaders of some of the UK’s biggest employers, are asking that workplaces are required to make provision for mental as well as physical first aid.

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November 19, 2018

The most common workplace tactics for health promotion may be detrimental for overweight employees

by Mark Eltringham • News, Wellbeing

Workplace health promotion programmes that encourage employees to take responsibility for their own weight may have detrimental effects for employees with obesity, reveals a new study. These range from feeling increasingly responsible for their weight but perceiving they have less control over it, to increased workplace weight stigma and discrimination. Ironically, these effects could even lead to increased obesity and decreased wellbeing. Published in Frontiers in Psychology, the study finds these pitfalls could be avoided through programs focusing on the employer’s responsibility to maintain employee health.

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November 19, 2018

Teams collaborate more effectively when they break off constant contact

by Mark Eltringham • News

Despite the understandable impulse organisations have to encourage people to be in constant communication with each other, teams often get better results when they collaborate only intermittently, according to a report How Intermittent Breaks in Interaction Improve Collective Intelligence, written by Ethan Bernstein, the Edward W. Conard Associate Professor of Business Administration at Harvard Business School; Jesse Shore, assistant professor at Boston University’s Questrom School of Business; and David Lazer, professor at Northeastern University.

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November 16, 2018

Biophilic design the key to improving mental health, productivity and stress levels

by Neil Franklin • Architecture, News, Wellbeing, Workplace design

An expert panel at this week’s Welcome to the Biophilic Concrete Jungle event in London made the case for incorporating the principles of biophilic design into the workplace, including for health and wellbeing considerations, the promotion of productivity and to address workplace stress and urban disconnection from nature. HOK organised the event. Panellists included Joyce Chan, Head of Sustainability and Trina Marshall, Regional Leader of Consulting from HOK, Professor Derek Clements-Croome from Reading University, Alexander Bond from Biophilic Design and Dr Ed Suttie from BRE.