September 9, 2016

Office property sector leads global real estate market in sustainability ⁰

by Sara Bean • Environment, Facilities management, News, Property, Wellbeing

The global real estate market is showing signs of improvement across all areas of environmental, social and governance performance (ESG) including a 1.2 percent reduction in energy consumption, 2 percent reduction in GHG emissions and close to 1 percent reduction in water use. It is also placing greater focus on occupant health and well-being. This is according to the latest data compiled by GRESB, a benchmarking organisation for real estate companies and funds which evaluates sustainability practices in the global real estate sector. In the results for the 2016 GRESB Real Estate, Developer and Debt assessments, which analyses the sustainability performance of more than 1,100 real estate portfolios of both private equity and listed companies, Australian entities outperformed all other regions with an average score of 74, which is 14 points above the global average; and office companies and funds outperformed other property types with an average score of 66.

September 8, 2016

What do Millennials and Gen Z want from work? The same as everybody else ⁰

by Mark Eltringham • Flexible working, News, Technology, Workplace design

More evidence that younger people are in fact people after all emerges with the publication of a new report from Randstad and Future Workplace. The study of over 4,000 individuals worldwide claims that despite widespread belief, 41 percent of Generation Z employees believe that collaborative, corporate offices combined with a degree of autonomy and flexibility is their preferred way to work. They prefer bosses with strong communication skills, value face to face meetings, are irritated by distractions and believe they will probably have a career focussed oln one specific sector. As a follow-up to a previous study conducted in 2014, the Gen Z & Millennials Collide@Work report focuses on the impact of Gen Z entering the workplace for the first time and how Millennials are engaging with them. Both studies claim that Gen Z and Millennials continue to prefer communicating with co-workers and managers in-person in lieu of email and phone.

September 8, 2016

HR remains unprepared for impact on the workforce of Brexit ⁰

by Sara Bean • Flexible working, News, Workplace

One of the biggest impacts of the Brexit vote will be on recruitment and retention, but less than half of businesses have so far bothered to create a dedicated HR team, claims the latest Willis Towers Watson survey. The majority of companies (56 percent) instead continue to ‘wait and see’ before they take any action to prepare their organisation for Brexit. This is despite two-thirds (66 percent) of employers believing their business in the UK will be significantly affected by Britain’s vote to leave the European Union (EU), and 76 percent most worried about the impact of Brexit on the workforce. The report says that almost four-fifths (78 percent) of companies have begun a consideration of the implications of Brexit and more than half (60 percent) have conducted an assessment of what it means for key areas, but so far only 24 percent have carried out a detailed impact assessment and only a third (33 percent) have done any scenario planning.

September 8, 2016

Acas issues guidance for line managers on how to run effective teams ⁰

by Sara Bean • Flexible working, Legal news, News, Wellbeing, Workplace

The transition from team member to manager can be a challenge. Well trained front line managers are crucial for business performance but need the right tools to help them do their jobs says workplace experts Acas, which is calling on small businesses and larger companies to use its new guidance to ensure that staff are equipped to manage and care for their teams. The new guide highlights leadership, people management and strong organisational skills as three key areas for team leaders. It advises the managers should know how to build trust and respect with their teams, listen to their concerns and ideas. They should also learn how to manage tricky situations with people; for whether it’s staff members having family problems, two colleagues accusing each other of bullying, or jealousy in a team over nominations for training and bonuses. A good manager should also be effective at planning team work, rotas, budgets, and balancing their own time.

September 7, 2016

Report published on employing older workers to help close labour gap ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

A new report – published to encourage employers to create more age friendly workplaces – warns of a widening labour gap in the UK. Between 2005 and 2015 the number of people working over the age of 50 in the UK increased by 2.5 million. By 2022, the UK economy will need to fill 14.5 million job vacancies created by people leaving the workforce and by new positions being created; but it is estimated that there will only be seven million young people available to fill them – leaving a labour shortage of 7.7 million people. Yet currently, one million older people who are not in work want to work and if just half of these were to move into employment GDP would increase by up to £88 billion a year. Business in the Community’s new report, Age in the Workplace, supported by the Centre for Ageing Better, advises employers on how to implement practical changes; such as introducing more flexible hours, which will help improve the recruitment and retention of older workers.

September 7, 2016

Working from home just as unproductive and frustrating as working in an office ⁰

by Mark Eltringham • Flexible working, Knowledge, News, Wellbeing, Workplace design

It’s always good to see academic research supporting ideas that would appear pretty obvious but go against a widely accepted narrative. So we should all welcome the results of a new study from researchers at the London School of Economics and Political Science, which found that the perceived benefits of working from home disappear over time for both employees and organisations when homeworking is a full-time arrangement. The report concludes that while previous studies have demonstrated how home workers are more productive than office-based workers, the LSE study of more than 500 employees shows that on a long term basis, there are no differences between home and office workers. The reason, according to Dr Esther Canonico from LSE’s Department of Management, the lead author of the report, is that employees no longer see home working as a discretionary benefit or a privilege when it becomes the norm in an organisation.

September 6, 2016

Two thirds of US gig economy workers would choose not to repeat the experience ⁰

by Mark Eltringham • Flexible working, News, Wellbeing

While the number of independent workers in the US gig economy is expected to grow to 54 million people by 2020 and some 40 percent of workers have already experienced it according to MBO Partners: State of Independence in America 2016, a new online poll by Deloitte of nearly 4,000 workers found that 67 percent of those who have worked as an independent contractor would choose not to do so again in future. Additionally, more than 60 percent of employed workers said that their stability would suffer if they moved to independent contract work, and 42 percent worry about sacrificing good compensation and benefits. Four-in-ten respondents (41 percent) recognise that independent contracting offers more flexibility to work where, when, and how they want to as compared to full-time employment. However, respondents cite inconsistent cash flow and lack of employer-paid benefits as drawbacks that discourage them from pursuing independent work.

September 6, 2016

British workers miss fewer days at work than those in rest of Europe ⁰

by Mark Eltringham • Flexible working, News, Wellbeing

Ayming, a business performance consultancy, has released its 8th absenteeism barometer, analysing workplace absenteeism and employee engagement across Europe. The research claims that UK workers missed fewer days at work last year than anywhere else in Europe, with 84 percent of workers at work each day. That compared to 72 percent in the rest of Europe, including 71 percent in France. By gender, the proportion of women in the UK who were at work every day was 88 percent surpassing that of men (83 percent). Employees aged 26-30 had the lowest attendance record – only 71 percent missed no days at work – while employees aged 51-62 had an attendance record of 92 percent.Despite the fact that UK workers took less time off work, British workers had the smallest proportion of happy and motivated employees, at just 23 percent. By contrast, 46 percent of German and 54 percent of Dutch employees regarded themselves as both happy and motivated.

September 6, 2016

Post Brexit business confidence returns but overall uncertainty remains ⁰

by Mark Eltringham • Cities, Legal news, News, Property

Blink and you’ll miss some news item on Brexit, so here’s just some of the stuff we’ve picked up on the last few days. It’s hard to imagine that any of these stories might be woven into some sort of coherent narrative, especially when the Prime Minister has yet to announce any details or timescales for the UK’s mooted withdrawal from the EU, if not the Single Market. Some of the ifs and buts are laid out in this excellent blog, but the reality is that nobody really knows what will happen and, as the writer suggests, the UK may not have the expertise to deliver a coherent withdrawal anyway. In the meantime, there appears to be some sense that business is returning to normal. The key CIPS/Markit survey of business confidence has bounced back both quickly and strongly and there are other signs that not all is doom and gloom. That said, there are clear signs that overseas partners are spooked amid the uncertainty even though the still low Sterling exchange rate continues to make the UK attractive.

September 6, 2016

Significant rise in the length of the German working week, study finds ⁰

by Mark Eltringham • Flexible working, News, Wellbeing

It’s not just British workers who are experiencing the creep of longer working weeks and in spite of the EU’s Working Time Directive. A report published last week in the German newspaper Zeit based on information supplied by the German Federal Ministry of Labour in the Bundestag found that Germans now work significantly longer hours than they did twenty years ago. According to the report, the number of people in Germany working more than 48 hours per week grew by around a third in the twenty years between 1995 and 2015, up from 1.3 million to 1.7 million. The report found that a growing number of Germans are now working in the evening and at weekends and outside traditional working hours. One in four Germans now work routinely at weekends. The report also found that the number of people in work grew over the period by 2 million to 32 million while the overall German population barely increased at all during the two decades to 2015.

September 5, 2016

Majority of Londoners support greater restrictions on new tall buildings ⁰

by Mark Eltringham • Architecture, Cities, News, Property

Most Londoners think tall buildings should only be built in areas like the City and Canary Wharf, and that there should be limits on how high they can be, according to an IPSOS Mori survey carried out on behalf of the Skyline Campaign. The findings come after Westminster Council controversially gave the green light for a 30 storey tower to be built in Paddington, and show stark differences in the views of Londoners in the inner and outer boroughs about how this new generation of tall buildings is affecting the Capital. The survey of more than 500 Londoners finds almost half (49 percent) of residents of inner London boroughs think that the 270 tall buildings planned, proposed, or under construction in London is too many. This contrasts with 34 percent of people in outer boroughs who say the same. Latest data released after the research was conducted indicates more than 400 new tall buildings are planned, proposed or under construction.

September 5, 2016

Mothers with young children a third less likely to be in work than fathers ⁰

by Mark Eltringham • Flexible working, News

The growing body of evidence highlighting the challenges faced by working mothers has been broadened with the publication of a new report from the TUC which claims that mothers with young children are a third less likely to be in work than fathers. The TUC found that on average just 64 percent of mothers with children aged 0-4 are in paid work, compared to 93 percent of fathers. The analysis claims that the age of a woman’s youngest child has an influence on whether or not she works. The employment rate for mums increases by 11 percent to 75 percent for women with children at primary school (aged 5-10) and by 17 percent to 81 percent for mothers with secondary school age children (11+). For dads of pre-school children, employment rates are above 90 percent. This suggests that mothers’ work decisions are affected by regional variations in the availability and cost of childcare, transport and housing, and access to good quality flexible and part-time jobs.