Employers as well as workers behind the creation of the gig economy

Employers as well as workers behind the creation of the gig economy 0

by • Flexible working, News, Technology, Workplace

Employers and workers are both driving the creation of gig economyEmployers and workers are both driving the creation of a temporary, independent workforce, but despite the benefits, there are some significant management challenges, claims two new EY surveys focusing on the gig economy. Among large organisations (100,000 employees or more) surveyed, 49 percent said they increased their use of gig workers in the last five years and 40 percent of organisations expect to increase their use of contingent workers in the next five years. One quarter expect 30 percent or more of their workforce to be contingent workers by 2020. On the employee side, the research shows more people are choosing to do contingent work; 73 percent of the 1,008 short-term contingent workers surveyed had positive reasons for their independent work arrangement, with only 20 percent saying they were short-term workers due to a lack of suitable full-time positions. Sixty-six percent believe the benefits of contingent working outweigh the downsides always or most of the time compared to just 6 percent who believe the opposite.

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Two thirds of female professionals’ jobs downgraded after career break

Two thirds of female professionals’ jobs downgraded after career break 0

by • Flexible working, News, Workplace

Two thirds of female professionals' jobs downgraded after career breakA lack of flexible roles means that two thirds of professional women who return to work after a career break, work fewer hours than they prefer or go into lower-skilled or lower-paid roles, claims new research by PwC, in conjunction with Women Returners and 30% Club. 427,000 UK female professionals are currently estimated to be on a career break and likely to return to the workforce in the future. Of those, three in five (249,000) are likely to enter lower-skilled roles when they return to work. This has serious implications for earnings as this downgrading is associated with an immediate 12-32 percent reduction in hourly earnings, depending on whether the woman remains with the same employer. A further 29,000 women returning to part-time work would prefer to work longer hours but are unable to due to a lack of flexible roles. Altogether, two-thirds of (or around 278,000) women could be working below their potential when they return to the workforce.

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London office construction increases but pace of new building slowing down

London office construction increases but pace of new building slowing down 0

by • News, Property

building-infrastructureCentral London office construction has continued to rise over the past six months, reaching 14.8 million sq ft, and setting a new eight-year development high in the capital. The latest London Office Crane Survey by Deloitte Real Estate has recorded 40 new starts, adding 2.8 million sq ft into the development pipeline. Once again, the greatest number of new starts was in the City. Construction began on 14 new schemes, totalling 1.1 million sq ft, and increases the City’s development pipeline to 8.8 million sq ft. In contrast, the West End and Midtown submarkets have seen construction activity decrease by 25 percent and 20 percent respectively over the past six months. This is largely as a result of a number of projects completing and smaller schemes starting. For the first time, the crane survey also tracks construction activity in three additional locations: Vauxhall-Nine Elms-Battersea, White City and Stratford. These three areas boast 11 office schemes under construction and will deliver 2.9 million sq ft to the market, 65 percent of which is already pre-let.

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‘Western’ millennials rate sense of purpose most important job criterion

‘Western’ millennials rate sense of purpose most important job criterion 0

by • News, Technology, Workplace

millennials-at-workA sense of purpose remains the top priority among ‘Western’ millennials from the United States, United Kingdom, Germany and France; but in the largest emerging economies, including China and India, salary and career advancement remain the most important job criteria, according to the Global Shapers Annual Survey for 2016. While the US, UK and Canada lead the list among young people who would like to live abroad to advance their careers, the United Arab Emirates and China are the most preferred emerging-market countries, the survey from the World Economic Forum survey claims. They came in at 11th and 12th place, respectively, ahead of the Scandinavian countries, all other BRICS (Brazil, Russia, India, China and South Africa) countries and Singapore. One reason for the strong performance of the UAE may be the good prospects for landing a job in the country. While 34 percent of millennials globally identified the lack of economic opportunity and employment as one of the three most serious issues affecting their country – making it the biggest issue of concern after corruption –only one in 10 of the UAE respondents said they see unemployment as a serious issue.

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Increased take-up of office space in Manchester as Brexit influences investors 0

by • Cities, Facilities management, News, Property

One St Peter's Square ManchesterTake-up of prime office space in central Manchester is on course to hit 1 million sq ft in 2016 and could be influenced by the impact of Brexit. The latest research by Colliers International suggests that overseas investors retained an interest in prime Manchester office space partly because of the devaluation of sterling following the Referendum vote for the UK to leave the EU – as proven by the recent £164m acquisition of the 288,000 sq ft One St Peter’s Square by global real estate investor Deka Immobilien. There have been a series of other major deals, including an insurance firm taking 165,000 sq ft of Grade A office scheme, a global law firm moving its global centre into an 80,848 sq ft development; and a government department negotiating a 60,000 sq ft deal. The legal sector accounted for almost 25 percent of total office take-up so far in 2016, followed by media and technology (16 percent) and business services (15 percent). However, all this activity may result in a lack of ready to occupy space in the city by early 2017.

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The UK’s infrastructure is improving but too slowly for most organisations

The UK’s infrastructure is improving but too slowly for most organisations 0

by • Flexible working, News, Property, Technology

technological-infrastructureAlmost half of firms (44 percent) believe the UK’s infrastructure has improved over the past five years, but only a quarter (27 percent) think it will pick up in the next five years, and two thirds (64 percent) suspect it will hamper the country’s international competitiveness in the coming decades, according to the 2016 CBI/AECOM Infrastructure Survey. Delivery of key projects already in the pipeline emerged as the top priority among the 728 firms surveyed. Delivery of £38 billion of investment in the rail network through Control Period 5 (99 percent of respondents), and £15 billion of investment in the UK’s motorways and A-roads through the Road Investment Strategy (97 percent of respondents) rank highly, as does delivery of a new runway in the South East (85 percent) & HS2 (80 percent). Many firms have specific concerns about teh country’s digital infrastructure including the ability tow work on teh go on trains and elsewhere.

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Business association calls for action on high cost of childcare

Business association calls for action on high cost of childcare 0

by • Flexible working, News

childcareThe British Chambers of Commerce and Middlesex University, have published a new survey to gauge the opinion of business leaders on the cost and availability of childcare and its impact on the workforce. The survey of businesses claims that a third of firms (33 percent) regard the availability of childcare as a key issue in recruiting and retaining staff. The survey of more than 1,600 business leaders across the UK also claims that over a quarter (28 percent) of firms have seen a reduction of working hours by staff due to the cost of childcare, while nearly 1 in 10 (9 percent) have seen employees leave their business. Although the survey suggests that nearly 40 percent of businesses already view government plans to double the availability of free childcare next year as likely to have a positive impact on their business, the BCC is calling on government to go further. It says the administration should consider the costs and benefits of a universal entitlement up until school entry, which would help more firms retain and promote productive staff, and help working parents progress.

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Vast majority of UK employers are against a ‘hard Brexit’ finds CIPD

Vast majority of UK employers are against a ‘hard Brexit’ finds CIPD 0

by • Knowledge, Legal news, News, Workplace

Vast majority of UK employers are against a 'hard' Brexit' finds CIPD

The implications of Brexit are raising concerns over a reduction in employers’ intentions to invest in their staff and its effects on access to migrant labour. As a result, according to the latest quarterly CIPD/Adecco Group Labour Market Outlook, while employment growth looks set to continue in the UK, there are signs that this is beginning to slow and that real wages are likely to fall during 2017 for many employees. The data shows that the net employment balance, while remaining in positive territory at +22, based on the difference between the share of employers expanding their workforce and the share of employers reducing their workforce, has shown a slight negative decline from the previous quarter’s figure of +27. Although 42 percent of employers believe that future restrictions on EU labour could damage their UK operations, just 15 percent have started to prepare for this eventuality; which is probably why the vast majority are against a ‘hard Brexit’.

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Ten countries including Australia, Canada, Germany, India and US announce plans to recognise zero carbon emissions buildings

Ten countries including Australia, Canada, Germany, India and US announce plans to recognise zero carbon emissions buildings 0

by • Environment, Facilities management, News

green-building-logoThe World Green Building Council’s goal to ensure that every building produces zero carbon emissions by 2050 took a major step forward this week as Green Building Councils in 10 countries (Australia, Brazil, Canada, France, Germany, India, the Netherlands, South Africa, Sweden, and the US) made progress on their plans to introduce net zero certification or designation schemes within their own countries, at COP22. Specifically, the Green Building Council of Australia, Canada Green Building Council, the German Sustainable Building Council (DGNB), India Green Building Council and the US Green Building Council all announced their intention to introduce schemes that recognise and reward net zero carbon buildings, with some announcing target dates by which they will introduce them. These schemes could be either stand alone net zero certification schemes, or a net zero designation within existing certification schemes.

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Flexible working more important to employees than a company car, claims new BT research

Flexible working more important to employees than a company car, claims new BT research 0

by • Flexible working, News, Technology

flexibility-and-mobile-working-are-more-important-to-employees-than-a-company-car-finds-new-bt-research-136411192006703901-161110155354Flexible working and great mobile devices top employees’ list of perks but businesses are struggling to make it a reality, according to a new study from BT. Two thirds (67 percent) of UK office workers say mobile working is more important than a company car, and half now carry most of what they need to do their job in their bag, according to our latest research. However, despite their employees’ appetite for new flexible ways of working, organisations are still struggling with technology and budget limitations to make it a reality. ‘The mobile multiplier’ research, which independently surveyed 1,500 office workers in large organisations in France, Germany, Spain and the UK, claims we are already in a new era in which mobile and flexible working is no longer a perk but a staple requirement. Results show workers are keen to break away from the static office: Today’s office workers put flexible working top of a benefits package from the ideal employer, with 76 percent including it in their top three priorities.

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Gender pay gap and inequality is fuelling division in the workplace

Gender pay gap and inequality is fuelling division in the workplace 0

by • News, Workplace

Gender pay gap and inequality is fuelling division in the workplace

Following the United States’ vote against electing their first ever female President, a new port claims that gender inequality in the workplace is still rife and is causing divisions. Men are nearly twice as likely as women to feel comfortable asking for a pay rise (41 percent vs 25 percent) according to research by totaljobs. Taking a UK average across all roles, levels, industries and regions without consideration for job roles, qualifications and experience, women typically expect to get paid a salary of £25,468, compared to £32,030 for men – a difference of £6,562, that’s 20 percent less than men.  Similarly, the data showed men get higher annual bonuses too, with 43 percent of men likely to receive a bonus compared to only 38 percent of women. The pay gap can also lead to tensions in the workplace as the research shows that nearly a quarter (23 percent) of women believe their male counterparts are paid more for carrying out the same role, while, 58 percent of men believe men and women receive equal pay, compared to just 44 percent of women.

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Nearly half of HR professionals don’t feel up-to-speed with new workplace legislation

Nearly half of HR professionals don’t feel up-to-speed with new workplace legislation 0

by • News, Workplace

homepage-insideNew research from identity data intelligence firm GBG claims there are a startling number of HR professionals (41 percent) who are struggling to keep up with new and changing workplace legislation. Recent changes to UK law, such as those made to the Right To Work in the Immigration Act and Modern Day Slavery Act are met with anxiety by 34 percent of respondents. Only 26 percent feel prepared and just 4 percent feel optimistic that the changes will be advantageous for their organisation. Despite half of HR professionals not feeling prepared to handle legislation changes, 62 percent believe it’s their primary responsibility. Almost one in five (18 percent) said it was their manager’s obligation and 9 percent believed the Board should be in charge of monitoring for change.

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