Employers and ambitious employees combine to boost a buoyant job market

Employers and ambitious employees combine to boost a buoyant job market 0

employers-and-employees-on-the-move-boasting-a-buoyant-job-marketThe job market continues to remain buoyant in the face of economic and political uncertainties, and this is matched by a noticeable enthusiasm among employees to move jobs, suggests new research. The Totaljobs Employment Index, which measures activity across the totaljobs website, has shown that job postings on the site were up 7 percent year-on-year (YoY) in October. But this demand seems to have been outstripped by jobseekers’ needs, with the number of applications on the website up 14 percent YoY. This means that despite an increase in vacancies, the number of applications per job has soared 7 percent. This trend continues when looking at the last three months (Aug-Oct) compared with the same period in 2015, as jobs rose 11 percent and applications increased 12 percent. Broken down across the UK, the best performing regions in terms of growth in jobs posted include the North West (up 17 percent), the East Midlands and Wales (both up 13 percent).

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Staples reveals winners of Tomorrow’s Workplace design competition

Staples reveals winners of Tomorrow’s Workplace design competition 0

twc_-_runner_up_1According to the winning entries of the Tomorrow’s Workplace design competition from Staples Business Advantage and Metropolis magazine, in 2021 the workplace may include inflatable pods set up in urban parks, or young professionals working alongside active retirees in a setting that resembles a small town more than an office building. The contest was hosted by Staples Business Advantage, the business-to-business division of Staples, and architecture magazine Metropolis. “The massive corporate office tower, usually a glass box with central air pumped in, is turning into the dinosaur from the 20th century,” said Susan S. Szenasy, publisher and editor in chief, Metropolis. “Workplaces will become more multi-generational and multi-functional, fostering communities in the process. With the many changes in how and where we work, one thing is sure—today’s office is not your father’s or mother’s office.”

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Ethics a grey area for staff, when management fails to lead by example

Ethics a grey area for staff, when management fails to lead by example 0

Ethics a grey area for employees when management fails to show an example A third of people have taken a sick day in the last two years when they weren’t really ill, and one in 10 said that every sick day they’ve taken in the last 24 months has been false, a new study of British workers claims. And men are more likely than women to take a sick day when they’re not genuinely sick (36 percent of men compared to 30 percent of women). The survey of 2,000 employed adults in the UK also found that 36 percent would rather work for a company that paid them more, over one whose ethics they agreed with. Fifty-six percent of people in the study would continue to work for a company that avoided paying tax, and 14 percent said they currently work somewhere with managers or senior staff members that they believe are dishonest in their company’s tax returns. Yet despite all of this, nine out of 10 people say they do uphold ethical standards in their workplace.

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HR directors struggle to devise long term digital workplace strategies

HR directors struggle to devise long term digital workplace strategies 0

Digital AmericaOne of the effects of the UK’s falling unemployment levels is that HR Directors risk becoming so consumed with issues of talent retention and hiring that they are unable to plan effectively and build a long term strategy for their business, especially when it comes to key emerging issues such as the digital workplace. While the latest ONS statistics show that UK unemployment fell by 37,000 to 1.6 million in the three months to September, hitting an 11-year low, in an anonymous survey carried out by The Curve Group, 92 percent of HR Directors say re-designing their organisation in response to the emergence of the digital workplace, new entrants and a flat economy should be their main priority, but only 44 percent feel able to do so.

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New advice published on how to better manage mental health at work

New advice published on how to better manage mental health at work 0

New Acas advice published on how to better manage mental health at workWorkplaces that create positive environments for mental health are more productive as they can reduce employee absences due to stress and anxiety at work, but managers need to learn the skills needed to help reduce stress and poor mental health among staff. This is according to a new report based on research by Essex Business School  commissioned by Acas. The report makes the human case that employers should prioritise mental health in the workplace to include careful management of those with mental health conditions, making reasonable adjustments to working practices where appropriate, and educating their whole organisation to challenge stigma. Leaders and line managers have a crucial role to play in reducing anxiety levels claims the report, and those trained in ‘people skills’ are best equipped to build trust and respect among their teams and individuals. This trust can help staff to disclose their mental health conditions so that appropriate support can be provided. Alongside the report Acas has published specific advice for managers on how to manage anxiety in the workplace.

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Google confirms it is to go ahead with massive new London HQ

Google confirms it is to go ahead with massive new London HQ 0

googleFollowing the announcement in September that Apple was to reaffirm its commitment to the UK with a major investment in the creation of a new headquarters building in London, the latest global tech giant to follow suit is Google. The firm has confirmed it is to open a new HQ in the capital which will see 3,000 jobs created by 2020. In an interview with the BBC, chief executive Sundar Pichai claimed that he is confident that the UK Government will not be throwing up barriers to the movement of skilled labour in the wake of the Brexit vote. Based on this he is moving ahead with the Bjarke Ingels Group and Thomas Heatherwick designed £1 billion Kings Cross development that will allow the firm to expand its UK workforce to 7,000 people. Heatherwick has previously worked with Google alongside Bjarke Ingels Group on the design of their Mountain View headquarters in California. He was drafted in to work on the London project after a previous design was rejected because it was ‘boring’.

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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

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

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

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

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

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

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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