June 27, 2016

Best tall buildings in the world, regional awards winners announced ⁰

by Mark Eltringham • Architecture, Environment, News, Property

The Council on Tall Buildings and Urban Habitat (CTBUH) has announced the winners of its annual Tall Building Awards for 2016. The Awards are, judged by a panel of experts, primarily drawn from the property and architecture sectors. The CTBUH claims its awards provide ‘a more comprehensive and sophisticated view of these important structures, while advocating for improvements in every aspect of performance, including those that have the greatest positive impact on the individuals who use these buildings and the cities they inhabit.’ The best tall buildings have been announced for each of four regions: Americas, Asia & Australasia, Europe and Middle East & Africa. While the winners in the Middle East and US were both residential projects, the winners in Asia and Europe were both primarily office based or mixed use projects; the Shanghai Tower in Shanghai and The White Walls mixed-use building in Nicosia, Cyprus.

June 24, 2016

Small businesses outpace larger firms in adoption of virtual working ⁰

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

${9f354208-5623-47fc-9edf-1efb90f919df}_V9_launch_LP_lrg_1$ Around two thirds (60 percent) of knowledge workers in small and medium sized businesses in the US, UK and Germany now use virtual working technology that is internet or cloud-based in their professional roles. This figure is higher than in companies with 500 or more employees (53 percent). These are the findings claimed by the Way We Work Study commissioned by unified comms firm Unify. Surveying 5,000 British, American and German knowledge workers, it explores people’s attitudes and expectations about their workplace. Knowledge workers at SMBs expect to see large changes in their jobs over the next five years. More than a third (38 percent) believe their roles will not exist after this period, and almost two-thirds (64 percent) thinking they will be substantially different. On the subject of trust, 76 percent of SMB knowledge workers feel they are listened to in their organisation, compared to 71 percent in larger companies.

June 24, 2016

UK and US staff skip holidays and work beyond contracted hours ⁰

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

Flexible working doesn’t necessarily translate to spending less time at work, as the prediction that technology will enable workers to enjoy more leisure time fails to materialise. A new survey has revealed that nearly nine out of ten British workers failed to take all of their holiday allowance last year, with almost one in 200 missing out on more than ten days of paid leave. In some cases, that meant workers missing out on as much as £675 of annual leave, according to Voucherbox. Meanwhile, a survey commissioned by The Workforce Institute at Kronos has revealed that the practice of working outside standard contracted hours is so ingrained in American culture that a majority of full-time salaried employees in the US would work off-the-clock even if it was against company policy. As the line between work and life continues to blur, 81 percent of US salaried employees report that they conduct work outside of their standard hours.

June 23, 2016

New proposals to create legal status for robots as ‘electronic persons’ ⁰

by Mark Eltringham • Legal news, News, Technology

One of the main side issues in the generally unpleasant debate about the UK’s referendum on EU membership has been that about worker’s rights. Whatever the outcome of today’s vote, the EU is already exploring ways in which legislation should address the challenges created by the modern world. These now include, for the first time, a look at the implications of automation including the drawing up of a new set of rules about the rights and responsibilities of robots and other automated workers. A draft report from the European Parliament’s Committee on Legal Affairs sets out to address the main issues associated with the creation of a widespread automated workforce and its impact on both people and machines, including looking at the impact on the social security and pensions budget (because robots don’t pay into the system), the legal rights of robots and new liability rules for the automated workforce of sophisticated ‘smart’ robots.

June 23, 2016

Demand for professionals to fill London’s creative hub remains high ⁰

by Sara Bean • Cities, News, Technology, Workplace

As we reported last week, the success of the tech and media sector in London is driving the Capital’s offices market. Now new research has shown that demand for professionals in London’s creative occupations remains high, with over a third of jobs in the sector found within the UK’s main creative hub. The latest Professional Recruitment Trends report from the Association of Professional Staffing Companies (APSCo) based on data provided by Burning Glass, claims that 33.5 percent of all creative occupation postings were found in Greater London. The South East ranks second with 16.1 percent of creative roles followed by the West Midlands in third with an 8.1 percent share of total job postings. The list of ‘in demand’ skills for creative roles is mostly dominated by coding and programming languages. However the report suggests that the skills in the highest demand, excluding those specific to IT based roles, are communication, creativity and writing.

June 22, 2016

One in six business leaders don’t link staff wellbeing with organisational success ⁰

by Mark Eltringham • News, Wellbeing, Workplace

You can take this story however you like, but a new YouGov survey of attitudes amongst British business leaders claims that just one in six (17 percent) believe that fostering a healthy work-life balance for employees is not important for their organisation. The research also found that 15 percent of organisations in the UK don’t place any focus on the mental health and wellbeing of employees. Furthermore, three in ten (31 percent) say that their company does not do anything to actively promote mental well-being in the workplace. However, there is a clear difference in approach based on size of the organisation involved. Small businesses (44 percent) surveyed are far more likely to admit they don’t do anything, compared to medium (29 percent) and large (15 percent) businesses. This all still means that the majority of firms are actively interested in their employees’ wellbeing, but the proportion of those who aren’t may raise an eyebrow.

June 22, 2016

Brexit uncertainty leads to drop in cost of living rankings for UK cities ⁰

by Sara Bean • Cities, Facilities management, News, Property

UK cities have dropped down the ranking in Mercer’s annual Cost of Living Survey this year as Brexit fears weaken the value of the Pound, whilst the Euro stays strong against the Dollar. Although the UK’s capital remains in the top 20 costliest cities worldwide, London (17) has dropped five places, whereas Aberdeen (85) and Birmingham (96) have fallen seven and 16 places respectively. Further down the list, (119) has dropped 10 places and Belfast (134) three. The survey finds that factors including currency fluctuations, cost inflation for goods and services, and instability of accommodation prices, have all contributed to the cost of expatriate packages for employees on international assignments. Mercer’s survey covers 209 cities across five continents with Hong Kong ranking highest, pushing Luanda to second place. Ranking 3rd, Zurich is the most expensive European city, followed by Singapore (4) and Tokyo (5).

June 22, 2016

Employees unconvinced about using wearables in the workplace ⁰

by Sara Bean • Facilities management, Flexible working, News, Technology, Wellbeing

A lack of trust is stalling the use of wearables in the workplace as people worry that their employer may use the data against them and not for their benefit. According to new PwC research, despite an estimated 3 million people in the UK buying a wearable device in 2015 – a 118 percent increase from the previous year –employees are still unconvinced about using wearables in the workplace. The research also found that two thirds (65 percent) want their employer to take an active role in their health and wellbeing, and feel that technology should be used to help them do this. But only 46 percent of people surveyed say they would accept a free piece of wearable technology if their employers had access to the data recorded. This is broadly in line with last year’s research, when 44 percent said they would take up this offer.

June 21, 2016

Tech unicorns thrive in Europe and UK leads the way, claims report ⁰

by Mark Eltringham • News, Property, Technology

Fortune magazine begs to differ, but Europe as a whole is a seemingly fertile breeding ground for ‘tech unicorns’, according to a new report from technology investment bank GP Bullhound. Defined as technology startups with a market valuation of more than $1 billion, the report claims that there are now 47 so-called unicorns in Europe, up by 10 from last year. The report also claims that the UK is leading the way within Europe, with 18 out of the 47 based in the country with new entries such as Blippar and Anaplan. The European firms have a combined value of $130bn, and ‘have demonstrated resilience in the face of turbulent global markets and heightened scrutiny of fast-growth tech’. Sweden is the country with the second highest number of billion-dollar tech companies (7), including Spotify (pictured), Europe’s most valuable Unicorn. Germany is third with six and France with three. Oddly, the report also includes Israel which has three unicorns.

June 21, 2016

London office rents predicted to stay strong provided there’s no Brexit ⁰

by Sara Bean • Cities, Facilities management, News, Property

The continuing imbalance between the supply and demand for office space throughout London is resulting in a shift in the balance of negotiating power away from tenants, according to the latest London Office Update from Carter Jonas. Rents across Central London have, on average, risen by over 50 percent over the last five years in the West End, Midtown and South Bank office markets, and by over 30 percent in the City of London. Rent free periods have typically fallen by up to six months over the same period. In the next 18-24 months, the trend will continue to be higher rents and shorter rent free periods as availability remains low. While some occupiers may leave London altogether, others may adopt a ‘spoke and hub’ strategy, whereby back office functions relocate to peripheral, lower cost, areas while ‘client facing’ operations are retained in Central London. This prediction assumes that Britain rejects Brexit however, and there are no major economic shocks.

June 21, 2016

Ageing workforce requires employers to better address skills gaps ⁰

by Sara Bean • Events, News, Workplace

The Government’s 2016 Working Futures report revealed that the total number of jobs in the UK is expected to rise by 1.8 million between 2014 and 2024, while the working age population (16-64) is expected to increase by half this amount. Now a policy event being held in London by the Westminster Employment Forum will draw attention to the growing challenge faced by business leaders as the UK workforce continues to age. According to figures from the CIPD, 9.4 million people in employment in the UK are over the age of 50, equivalent to over 30 per cent of the workforce. The Open University is advising that, with employees staying in work longer, business leaders need to ensure that workers have the right access to education and the skills to remain competitive and productive at all stages of their careers. Ageing Workforce in the UK, will explore what steps need to be taken in order to adapt to this demographic shift.

June 17, 2016

US small business owners still cling to ‘office basics’, claims study ⁰

by Mark Eltringham • News, Products, Technology

Small businesses still rely heavily on the traditional working environment, according to the 2016 Business Survey from office equipment maker Brother. The report says these businesses are open to adopting next-generation cloud based and mobile technology, but they’re also ‘holding on to’ what it calls office basics such as printers, scanners and faxes. Over half (58 percent) of small businesses’ daily work tasks still require a physical office presence and 91 percent of small business owners currently have a printer, scanner, copier or fax machine within their work space. The need for these devices is confirmed in the data showing 43 percent of this same group use a printer, on average, 10 or more times per day. The online survey of 509 small business owners in the US claims that the attachment to traditional devices does not mean that firms aren’t adopting new tech, but rather that they are trying to ‘have the best of both worlds’.