Plans unveiled for £1 billion mixed use scheme in East London

Plans unveiled for £1 billion mixed use scheme in East London 0

Developers Knight Dragon have unveiled the details of a landmark £1 billion project as part of  the Greenwich Peninsula regeneration in East London. Designed by architect and engineering firm Santiago Calatrava, the Peninsula Place development marks the latest shift in London’s shift eastwards. The scheme will total 1.4 million sq ft including a new tube and bus station, theatre, cinema and performance venue, bars, shops and a wellbeing hub. Above this will rise three office towers, apartments and hotels, all connected to the Thames by a new land bridge. The developers claim that Greenwich Peninsula is London’s largest single regeneration project. Over the coming years, the £8.4 billion transformation of the Peninsula will provide 15,720 new homes in seven new neighbourhoods: home to central London’s first major film studio, a new design district, schools, offices, health services and public spaces.

Higher levels of uncertainty blamed for drop in UK commercial construction activity

Higher levels of uncertainty blamed for drop in UK commercial construction activity 0

Higher levels of uncertainty blamed for drop in UK commercial construction activity

Commercial construction activity in the UK for the 12 months to the end of 2016 fell to £16.7 billion, down 14.1 percent on the previous quarter, according to JLL and Glenigan’s Q4 2016 UK Commercial Construction Activity Index. In London, activity declined in a quarterly comparison but increased 2.7 percent compared to the same period a year ago. Construction started at 22 Bishopsgate in London City which will provide a total of 1.3 million sq ft of office space, and is scheduled to complete in 2019. The 70,000 sq ft office refurbishment of 33 Gutter Lane also commenced in Q4 with completion scheduled for the second half of the year. Elsewhere it was a mixed picture across the regions with commercial construction activity increasing in the North East, South West and Wales, albeit from a relatively low base; but activity was more subdued in other regions, particularly in Yorkshire and the Humber were the level of construction activity fell 22.0 percent y-o-y.

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Majority of UK employers ill prepared for gender pay reporting regulations

Majority of UK employers ill prepared for gender pay reporting regulations 0

Majority of UK Employers ill prepared for gender pay reporting RegulationsThe new gender pay reporting Regulations coming into force in April 31, but UK employers may be ill prepared to handle the requirements claims a new survey from XpertHR. The Regulations will require all employers with 250 or more employees to measure and report their gender pay gaps for the first time but XpertHR found that only 6.2 percent of employers had any formal mechanisms in place to monitor their gender pay gap before the legislation was announced. And, with the deadline date fast approaching, most admitted they don’t know how or when they will publish the results of the exercise. Although proposals to introduce mandatory reporting were announced in October 2015, over half (53.5 percent) of organisations had no monitoring in place before this time. Just over one-third claimed to have carried out “informal” monitoring in the past, while a handful (7.1 percent) did not know whether or not they had done so before the Regulations were announced.

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1 in 10 UK workers has already ‘pulled a sickie’ and had a duvet day this year

1 in 10 UK workers has already ‘pulled a sickie’ and had a duvet day this year 0

1 in 10 UK workers has already had a duvet day this yearWe’re only just out of January but new research claims that one in ten employed Britons in the UK has already pulled a sickie from work in 2017. The poll by online travel agency www.sunshine.co.uk also looked into previous bogus sick leave and found that 21 percent of grown adults have had a parent, partner or friend call in sick for them so that they didn’t have to on a past occasion. Respondents answered questions about any time they’d taken off sick from work in the last 12 months, were asked ‘How frequently have you taken sick days from work over the past year?’, the majority (57 percent) said ‘once a month’. 22 percent said ‘hardly ever’ and 16 percent said ‘only once or twice’. Everyone was then asked how many of the sick days they took were false (i.e. they weren’t genuinely unwell when they called in sick). From this, the research suggests approximately 1 in every 4 sick days taken by Britons is a false ‘sickie’.

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No matter how engaged they feel, key talent will leave for a fresh work challenge

No matter how engaged they feel, key talent will leave for a fresh work challenge 0

No matter how engaged they feel, key talent will leave for a fresh work challenge

Most employers buy into the idea that the more engaged their employees the likely they are to leave, but a new survey suggests that whether or not staff feel engaged or are happy with their salary, they won’t stay on board once they’re ready for a new work challenge. This is according to research by Korn Ferry which claims that the No. 1 reason professionals would hunt for a new job in 2017 is to seek a more challenging position, while the quest for greater compensation comes in almost dead last as a reason to leave. In the survey of nearly 2,000 professionals, nearly three-quarters (73 percent) said that if they plan on being in the job market this year, it’s because they’re looking for a challenge. Trailing far behind, 9 percent said they are looking because they either don’t like their company or their efforts aren’t being recognized, 5 percent say their compensation is too low, and 4 percent say they don’t like their boss.

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Excessive unpaid overtime contributing to worker’s stress levels, claims survey

Excessive unpaid overtime contributing to worker’s stress levels, claims survey 0

Almost three quarters (71 percent) of office staff are so overwhelmed with work they have to put in an 180 extra unpaid hours every year, according to a survey from Printerland. British workers spend on average, an extra 44 minutes every week – that’s 36 hours annually – checking emails, answering phone calls and completing other tasks outside their contracted hours. Over 51 hours a year are spent working late, with two thirds (63 percent) of staff still in the office after hours at least once a week, while 6 percent never go home on time. Many employees are also dining ‘al desko’, with average through lunchtime 2 days a week totalling 93 hours a year, while over half (53 percent) don’t escape the office for the entire day and 16 percent don’t get any screen breaks all day.

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London salaries fall as UK becomes less capital-centric, and it could be due to Brexit

London salaries fall as UK becomes less capital-centric, and it could be due to Brexit 0

London salaries fall as UK less capital-centric, and it could be down to BrexitLondon continues to be the region with the highest number of advertised vacancies (248,605) and the highest average salaries (£38,449), but its previously unassailable supremacy may soon be challenged, a new survey suggests. According to the latest UK Job Market Report from Adzuna real-time jobs data average salaries in the capital have fallen more (-3.9 percent) than any other region in the UK in the past year as salary growth in the rest of the UK catches up at a more consistent rate. This also represents a wider shift in the jobs market as the Government creates a solid post-Brexit UK economy that drives growth across the whole country. It is likely growing trends such as companies relocating their headquarters to cities outside the capital such as Manchester will continue as well as reinvestments into northern powerhouses to revitalise former struggling areas and industries.  With competition for jobs per jobseeker per vacancy rising from 0.43 to 0.45 in January, jobseekers in the capital may have two hurdles ahead in the shape of a more competitive job market and pedestrian salary growth.

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One Public Sector Estate programme now includes around three quarters of UK local authorities

One Public Sector Estate programme now includes around three quarters of UK local authorities 0

Public Sector EstateThe UK Government’s groundbreaking One Public Sector Estate (OPE) project now includes around three quarters of the country’s local authorities following the announcement that a further 79 councils will join the programme. One Public Estate is a national programme jointly run by the Cabinet Office Government Property Unit and the Local Government Association (LGA). It supports joint working across central and local government to release land and property and boost economic growth, regeneration and integrated public services. It encourages public sector partners to share buildings, transform services, reduce running costs, and release surplus and under-used land for development. Partnerships joining the programme will receive funding and practical and technical support to unblock barriers and deliver ambitious ‘transformational projects’.

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Flexible hours is main reason self-employed are happier than traditional workers

Flexible hours is main reason self-employed are happier than traditional workers 0

Self-employed happier than traditional workers due to flexible workingFlexible working hours and being their own boss makes the UK’s self-employed much happier than those in traditional employment a new survey claims. According to the latest set of findings from the ‘Definitive Study of the Self-Employed,’ commissioned by Intuit QuickBooks, the self-employed generated mean annual revenues of £32,623 (£5,000 more than the average UK salary), despite working 10 hours less per week. Of those who have been a salaried worker, two thirds (66 percent) claim to be financially better off or the same and 65 percent also feel better off in terms of ‘life satisfaction’. When the research considered nuanced reasons for choosing to work for oneself ;control of schedule (77 percent), more flexibility to work to one’s own terms (68 percent) and liking being one’s own boss (65 percent) were leading reasons, with not worrying about workplace politics (47 percent) also regularly referenced.

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Majority of employers predict more challenging economic conditions this year

Majority of employers predict more challenging economic conditions this year 0

Majority of employers predict more challenging economic conditions this year

Three quarters of UK employers (76 percent) expect economic conditions to be more challenging in 2017 compared to 2016 and there are signs that the jobs market is slowing, claims the Recruitment & Employment Confederation (REC) latest JobsOutlook survey. Employers intending to increase their permanent staff headcount within the next three months has reduced to one in five (21 percent), down from 24 percent reported last month. Similarly, demand for permanent staff has reduced in all sectors except health & social care and education. More positively, despite harsh economic conditions, businesses remain self-confident with three quarters of employers polled (74 percent) saying that their business will perform better this year compared to last year. Skills shortages remain a challenge for businesses however, as half of all employers (50 percent) anticipate a shortage of suitable candidates for some permanent roles this year. Employers anticipate that roles in engineering & technology, health & social care, and hospitality will be particularly affected by skills shortages.

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Global workforce fears it won’t adapt fast enough to the digital workplace

Global workforce fears it won’t adapt fast enough to the digital workplace 0

Workers across the globe are excited by the potential for technology to enhance their work lives and create new career opportunities, but over a third (40 percent) fear that they won’t be able to keep up with the rate of change required by digital business, claims a new survey. Across Europe 77 percent of workers acknowledge that disruption and increased competition will require more people with digital skills in order to compete on a global scale; however, the level of encouragement employees believe they are currently receiving to drive change in the workplace varies greatly throughout the world. Only 64 percent of respondents in the US saying they feel empowered by their company culture to lead innovation, whereas 90 percent of employees in Mexico feel their workplaces encourages them to drive change. The BMC study of over 3,200 office workers in 12 countries worldwide found that 88 percent of office workers across the world strongly believe that employers must create an innovative culture to retain staff and enable them to be successful with increasingly digital roles and responsibilities.

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The office of the future should be defined by the age of its inhabitants. But not in the way you think

The office of the future should be defined by the age of its inhabitants. But not in the way you think 0

The office of the future is most commonly seen as the habitat of Millennials. But there are all sorts of flaws in this assumption. Apart from the casual stereotyping of a diverse demographic of people, the most glaring is the fact that the workforce is ageing rather than getting younger, and that most offices must now meet the needs of a wider range of age groups than at any time in their history. A new report from Totaljobs seeks to redress the balance in this regard. It suggests that some of the key features of the office of the future will not be slides and ping pong tables but flexible working areas, quiet spaces, spas and private medical rooms. The study claims that the fixation with Millennials means that a large number of older workers now feel that the design of offices does not meet their needs.

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