Changing shape of workplace is creating new opportunities for property market

Changing shape of workplace is creating new opportunities for property market

by • Facilities management, News, Property, Workplace design

A new report claims that changing approaches to the workplace will create new opportunities for the quickest and smartest to adaptAfter a challenging environment for commercial real estate in 2023, its fallout provides investors, developers and corporate occupiers with significant opportunities for value creation and transformational organisational change in 2024, says leading property management and investment firm, Colliers (EMEA) in its new market commentary: ‘Engage, activate and accelerate performance: next generation real estate strategies’ [registration]. The report claims that new approaches to the workplace will create new opportunities for the quickest and smartest to adapt. More →

Many people would forgo a pay rise in favour of flexible working

Many people would forgo a pay rise in favour of flexible working

by • Flexible working, News

espite attractive flexible working policies outweighing the need for increased remuneration, the research - conducted by PayFit - claims that a sizable 83 percent of those surveyed felt improvement was needed to their current workplace’s flexible working policiesA new poll claims that nearly 50 percent of respondents would reject a substantial 15 percent pay increase if it meant forfeiting workplace flexibility, even in a challenging financial climate. Despite attractive flexible working policies outweighing the need for increased remuneration, the research – conducted by PayFit – claims that a sizable 83 percent of those surveyed felt improvement was needed to their current workplace’s flexible policies. More →

Raising the bar (and hell) with Antony Slumbers

Raising the bar (and hell) with Antony Slumbers

by • News, Podcasts, Premium Content, Workplace Cocktail Hour

Over a well-earned G&T, Antony Slumbers and Mark Eltringham discuss what makes work great and how we escape the binary loop of headlinesOver a well-earned but unseasonable G&T, Antony Slumbers and Mark Eltringham discuss what makes work and workplaces great, and why bosses aren’t doing all they can to make them so. They also riff on the origins and wisdom of determining how much time people should spend in an office and how we escape the interminable binary loop of headlines about whether the home or the office is a better place to work. Antony talks about the role of AI in the future of work and property and what people should focus on in their changing lives. More →

Status seeking drives non-executive directors to outstay effectiveness

Status seeking drives non-executive directors to outstay effectiveness

by • Business, News

Long-serving non-executive directors (NEDs) who can’t wean themselves off the social status attached to belonging to the corporate board are failing shareholdersLong-serving non-executive directors (NEDs) who can’t wean themselves off the social status attached to belonging to the corporate board are failing shareholders and damaging the companies they are meant to serve, new research from the University of Bath and Queensland University of Technology suggests. Board members who exceed their tenure are putting the identity and self-worth they gain from being a director ahead of their duty to shareholders, compromising board renewal and its financial and strategic performance. More →

Most firms don’t have AI guidance in place for internal comms

Most firms don’t have AI guidance in place for internal comms

by • AI, News, Technology, Workplace

Over two-thirds (71 percent) of organisations do not provide guidance on when, where or how to use AI for internal communicationsOver two-thirds (71 percent) of organisations do not provide guidance on when, where or how to use AI for internal communications, according to Gallagher’s 2023/24 State of the Sector report [registration]. Furthermore, the study, which drew insights from more than 2,300 communication and HR leaders across 56 countries, claims that 1 in 10 communicators (13 percent) were unsure if their organisation was using AI. More →

Sustainable offices attract higher service charges

Sustainable offices attract higher service charges

by • Environment, Facilities management, News

The most efficient and sustainable offices attract higher than average service charges, a new report claimsOffice buildings with the highest efficiency and sustainability ratings tend to have higher than average service charges, a report from accountancy and business advisory firm BDO claims. The firm’s latest benchmarking report suggests that offices with an ‘outstanding’ or ‘excellent’ Building Research Establishment Environmental Assessment Methodology (BREEAM) certification had total service charge costs that were 26 percent higher than the other offices it surveyed. Meanwhile, total service charge costs were 6 percent higher for sustainable offices with an Energy Performance Certificate (EPC) rating of A or B compared to all other offices. More →

London must take better decisions on whether to retrofit its buildings

London must take better decisions on whether to retrofit its buildings

by • Environment, Facilities management, News, Property

The London Assembly Planning and Regeneration Committee has published a new report called Retrofit vs Rebuild? which asks how decisions are made to either retrofit or rebuild properties and the carbon implications for bothThe London Assembly Planning and Regeneration Committee has published a new report called Retrofit vs Rebuild? which asks how decisions are made to either retrofit or rebuild properties and the carbon implications for both. In London, buildings account for an estimated 68 per cent of the city’s carbon emissions. These emissions arise from the construction, operation, and demolition of buildings. The report claims that, if London is to meet the Mayor’s 2030 net zero target, there is an urgent need to reduce emissions from buildings and to retrofit both housing and commercial stock. More →

Cautious welcome for government’s disability plan which aims to make UK ‘most accessible nation’

Cautious welcome for government’s disability plan which aims to make UK ‘most accessible nation’

by • News, Wellbeing

he UK government has announced details of its new Disability Action Plan which includes 32 steps it claims will make the UK the most accessible place in the world for disabled people to 'live, work and thriveThe UK government has announced details of its new Disability Action Plan which includes 32 steps it claims will make the UK the most accessible place in the world for disabled people to ‘live, work and thrive’. The publication of the Disability Action Plan is part of the government’s stated intention to improve the lives of millions of disabled people. This has included seeing 1.3 million more disabled people in work now than in 2017, which the government claims is delivering a commitment five years early. More →

Half of UK businesses expect 2024 to be easier than 2023

Half of UK businesses expect 2024 to be easier than 2023

by • Business, News

UK businesses are hopeful for 2024 according to new research from Pleo. The CFO’s Playbook for 2024, which polled over +500 UK financial decision makers, found that almost 50 percent of UK businesses believe 2024 will be “easier” than 2023 (vs. 35 percent believing it will be harder and 15 percent anticipating that it will be the same as last year). As such, with a waning concern around inflation – a 20 percent decrease since 2023 –  businesses are targeting more ambitious goals. Nearly three quarters are prioritising cash growth, and while this was also the primary objective of businesses last year, findings show a 163 percent increase in British businesses focussed on this ambition. More →

60 percent of managers believe luck has played a part in career. Up to 40 percent don’t realise it

60 percent of managers believe luck has played a part in career. Up to 40 percent don’t realise it

by • Business, News, Workplace

Around 60 percent of managers believe that an element of luck has played a significant part in shaping their careers, according to new research by emlyon business school. Respondents stated that this luck typically came through a chance event, which could be positive or negative, but either way had a huge impact on their career. More →

Hefty fine for Amazon has implications for employee surveillance policy

Hefty fine for Amazon has implications for employee surveillance policy

by • News, Technology, Workplace

Recent advancements in employee surveillance technology and the rise in remote working have led to employers now having both the ability and the excuse to look over employees’ shouldersThe French data protection watchdog CNIL has fined Amazon France Logistique €32m, equivalent to 3 percent of the entity’s annual turnover, approaching the maximum permitted level of 4 percent. Describing Amazon’s employee surveillance as “excessive”, the regulator also cited instances where the monitoring of staff was found to be outright illegal, by breaching the General Data Protection Regulation (GDPR). More →

Revised plans submitted for joint tallest building in Western Europe

Revised plans submitted for joint tallest building in Western Europe

by • Architecture, News, Property

Eric Parry Architects have put forward revised plans for the One Undershaft tower in central London. A planning application for the project was first submitted to the City of London authority in 2016. The revised plans would make it the joint tallest building in the UK. More →

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