Regional office market remains strong and embraces the co-working revolution

Regional office market remains strong and embraces the co-working revolution

by • Cities, Facilities management, Flexible working, News, Property

Artisan Real Estate’s New Waverley scheme in EdinburghThe creative industries sector accounted for over a third 35 percent) of take-up in the regional office market in the first half of the year, with this sector in particular driving the co-working revolution and the provision of flexible office space. Latest figures in CBRE’s H1 2017 Property Perspective, which monitors the performance of ten regional cities, overall, the UK’s regional office markets saw continued demand in the first half of 2017, with office take-up reaching 2.8 million sq ft, only slightly lower than the five-year average. For the first half of 2017, several cities witnessed improved levels of take-up when compared with the first half of 2016, these include Aberdeen, Edinburgh, Leeds and Manchester. Select locations such as Reading, Maidenhead and Watford also saw a continuation of record rents being set during the first half of the year, which has largely been driven by the delivery of new developments.

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American workers having to put up with difficult and hostile working environment, claims report

American workers having to put up with difficult and hostile working environment, claims report

by • News, Wellbeing, Workplace design

The American workplace is physically and emotionally demanding, with workers frequently facing unstable work schedules, unpleasant and potentially hazardous working conditions, and an often hostile working environment, according to a new study. The findings come from research conducted by investigators at the RAND Corporation, Harvard Medical School and UCLA, and are from the American Working Conditions Survey, which claims to be one of the most in-depth surveys ever done to examine conditions in the American workplace. More than one-in-four American workers say they have too little time to do their job, with the complaint being most common among white-collar workers. In addition, workers say the intensity of work frequently spills over into their personal lives, with about one-half of people reporting that they perform some work in their free time in order to meet workplace demands.

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Flexible working is the solution to limited career choices for women and closing the gender pay gap

Flexible working is the solution to limited career choices for women and closing the gender pay gap

by • Flexible working, News

Flexibility in the workplace is the key to offering women the freedom to choose a career path after childbirth, new research by the University of Kent claims. The study suggests that it is ‘the ability to take advantage of the opportunity for flexible working that is most useful in preventing women from dropping out of the labour market after having their first child. The research, led by Dr Heejung Chung, of the University’s School of Social Policy, Sociology and Social Research, found that women who were able to use flexible working were only half as likely to reduce their hours after the birth of their child. This effect was especially the case for women who used flexible working prior to the birth of their child as well as after, the researchers found. The researchers observed that more than half of women in their study sample reduced their working hours after the birth of their child, while less than a quarter of women who were able to use flexible working reduced their hours.

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Office sector undergoing transformational structural disruption in response to changing supply and demand

Office sector undergoing transformational structural disruption in response to changing supply and demand

by • News, Property

Amid varying economic performances and property fundamentals, North American and European office leasing markets are generally performing well as they undergo an important shift in dynamics influenced by trends transforming both occupier demand and the supply of new product. Traditional drivers of demand are being joined by emerging disruptors that will increasingly shape the future of the office-space market and commercial real estate as a whole. These are some of the key trends noted in Avison Young’s Mid-Year 2017 North America and Europe Office Market Report. According to the report, of the 64 office markets tracked in North America and Europe, which comprise almost 6 billion square feet, market-wide vacancy rates decreased in 40 of the markets as nearly 52 million square feet was absorbed. Occupiers’ desire for new products remains strong and developers have responded, according to the report, with more than 62 million sq. ft. of office space was completed during the 12-month period ending June 30, 2017.

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Artificial intelligence to become most important workplace tech trend over next decade

Artificial intelligence to become most important workplace tech trend over next decade

by • AI, News, Technology

Technology analyst Gartner claims in a new report that artificial intelligence (AI) will become the biggest technology megatrend of the next decade, suggesting that organisations need to focus their main efforts on AI based technology in the short to medium term. The study suggests that ‘digital business execution’ requires more frequent and complex decision making, continuous problem solving and rapid pattern recognition, all of which require workforce digital dexterity. In most organisations, however, responsibility for helping employees develop the desire and ability to exploit a wide range of transformative technologies — highlighted in the Gartner, Inc. Hype Cycle for Digital Workplace, 2017 — does not have to rest with any group or individual.

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The reason you may not be successful at work could be down to pure blirtatiousness

The reason you may not be successful at work could be down to pure blirtatiousness

by • News, Wellbeing, Workplace

This may seem obvious, but your personality must fit with your network in order to be trusted and successful, new research from UCL School of Management and Rotterdam School of Management, Erasmus University, claims. Otherwise, your friendships might clash with your job. A common situation at work is to have two sets of friends who are not friends with each other. Both sets demand time, attention, and even favouritism from the person in the middle, known as the friendship broker. These expectations put pressure on the broker who must respond with whatever personality resources he or she has available. Some people are able to call upon personality resources that are well adapted to the goal of maintaining trust among their separate and potentially conflicting sets of friends. Other people find themselves unable to maintain trust as they move between different cliques.

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Board buy-in is key to closing employment gap for disabled people in workplace

Board buy-in is key to closing employment gap for disabled people in workplace

by • Facilities management, Flexible working, News, Wellbeing, Workplace, Workplace design

Get board buy-in is key to improving disabled people's access to work

There continues to be a significant gap between the employment rate of disabled people and the rest of the population; according to the Office for National Statistics, just 49 percent of disabled people of working age are in employment. This is why getting genuine buy-in from the top is key to improving levels of disability disclosure and helping to facilitate requests for workplace adjustments. That was the conclusion of a recent round table hosted by the Recruitment Industry Disability Initiative (RIDI) which also found that while some HR and diversity specialists are sceptical about the level of support available from senior leadership teams, once the topic is brought to the attention of the board, the response is often overwhelmingly positive. Practical ways in which leaders can bolster disability initiatives shared at the event include; identifying disability champions within the business who can communicate their own stories, implementing unconscious bias training, instigating & reverse-mentoring initiatives where senior managers are partnered with disabled colleagues and leading by example by being open about their own disabilities.

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Almost a quarter of Millennials are unhappy in their current work situation

Almost a quarter of Millennials are unhappy in their current work situation

by • Flexible working, News, Workplace

Almost a quarter of Millennials are unhappy in their current work situation

A majority (85 percent) of 18-34 year olds feel they are not putting their professional ambitions into practice and almost a quarter are unhappy at work, claims a new survey of Millennials by one of the UK’s largest independent higher education institutions, GSM London. By 2020, millennials will make up 35 percent of the global workforce, but despite being the generation told that they can have it all, nearly a third (32 percent) of those surveyed described their work as a ‘means to an end’, with 64 percent describing themselves as having just a ‘job’ rather than a meaningful ‘career’.  However, when it comes to pursuing a more meaningful career path, a quarter of respondents cited the pressure of uncertainty (25 percent), disruption to lifestyle (24 percent) and lack of confidence (22 percent) as the main barriers stopping them from fulfilling their goals.

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Precarious flexible working lives create toxic relationships between managers and workers, claims study

Precarious flexible working lives create toxic relationships between managers and workers, claims study

by • Flexible working, News, Wellbeing

Millions of British workers are having their health and home life put at risk and are having to beg for extra work to make ends meet because bosses are not offering them regular work patterns, a new study from Oxford and Cambridge Universities suggests. According to the study, Powerful times: Flexible discipline and schedule gifts at work published in the journal Work, Employment and Society, around 4.6 million people are subject to ‘precarious scheduling’ from employers which means that their hours are so inconsistent and unpredictable that they cannot make plans, leading to stress and problems in their home lives. The researchers said that many workers now find themselves in ‘degrading’ relationships with managers in which they are obliged to constantly ask for more work and changes to allow them to care for children and plan their domestic and recreational lives.
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Ethnic diversity in FTSE 100 leadership pipeline improves for first time in four years

Ethnic diversity in FTSE 100 leadership pipeline improves for first time in four years

by • News, Workplace

A new study from recruitment consultancy Green Park claims that the leadership pipeline, supplying the highest tier of management in FTSE 100 companies now includes the highest level of ethnic minority talent for four years. According to the study, progress is being made with ethnic minorities moving up the management funnel, though at five percent of those in the pipeline it still is not a fair representation of British society. While the pipeline is improving there remains a question over whether minorities can break through the glass ceiling, as the top roles in companies remain a closed shop for ethnic minority and female leaders. There has been a decrease of 18 percent in the number of ethnic minorities holding positions at Chair, CEO and CFO level in FTSE 100 companies.  Almost six in 10 (58 percent) main boards in the FTSE100 currently have no ethnic minority presence. This is a slight improvement on the 62 companies that recorded all-white main boards in last year’s report. Yet it calls into question whether the target set in Sir John Parker’s consultation document that no FTSE board should remain mono-racial by 2020 will be met.

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UK workers find it particularly hard to take a proper holiday break from the office

UK workers find it particularly hard to take a proper holiday break from the office

by • Flexible working, News, Technology, Wellbeing

It may still be the summer holiday season but if you’re finding it easier than you’d expect to get hold of people, it’s because they’re probably checking their emails on the beach. A new survey by Wrike claims that 73 per cent of British employees work while on holiday. The main reason? They can’t relax unless they know everything is going okay in the office. Those from France and Germany have a slightly more relaxed state-of-mind. While 35 per cent of UK workers said they feel better keeping in touch with the office and the Germans aren’t that far behind, with 30 per cent saying keeping one eye on their work was the key to relaxation; in France only 22 per cent felt the same. Brits also said that working while away was because they were hoping to minimise the amount of work they would have to come back to (22 per cent).

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Shake up of working culture and practices recommended to reduce pay gaps

Shake up of working culture and practices recommended to reduce pay gaps

by • Flexible working, News

All jobs should be advertised as available for flexible working, and greater support should be given to fathers to play more of a role in child care, in a shake-up of culture and working practices to reduce pay gaps, the Equality and Human Rights Commission said today. The call comes as the Commission’s strategy for tackling gender, ethnicity and disability pay gaps is released. A strategy to reduce pay gaps in Britain makes six recommendations outlining the action needed by government, in society and in our businesses to improve equality in earnings for women, ethnic minorities and disabled people. According to the EHRC, offering all jobs as flexible will remove the barriers faced by women and disabled people, who are more likely to have to negotiate flexible working or accept part-time jobs that are often low-paid. Creating work places with flexible cultures will increase opportunities for everyone, giving people greater choice about the role they play both at work and home. (more…)

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