Canary Wharf bucks London’s Brexit office market slow down

Canary Wharf bucks London’s Brexit office market slow down 0

Canary WharfCanary Wharf has outperformed the Central London office market during the past 12 months, with rental growth reaching 26.7 percent, ahead of Mayfair and St James’. It seems Canary Wharf’s high quality purpose built space, coupled with its relative affordability when compared to the rest of London, has helped attract significant deals in recent months. The most notable deal during Q1 was Thomson Reuters take up of 300,000sq ft in St Martin’s 5 Canada Square. Faisal Durrani, Cluttons head of research, explained, “It was only a matter of time before the area began to draw in occupiers, particularly from the City and City fringes. It’s a market that has undersold itself and its full potential is yet to be realised but we may be approaching a significant turning point in its attractiveness. In recent months, the Central London market has experienced Brexit nervousness and general settling of the market but Canary Wharf has bucked this trend.”

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Digital mobility to work anytime, anywhere is key to job satisfaction

Digital mobility to work anytime, anywhere is key to job satisfaction 0

Mobile workersIn a further nod to the growing relevance of flexible working, the ability to work anytime, anywhere is now key to job satisfaction with well over a third (38 percent) of employees in a global survey rating this as the number one factor, with the UK (43 percent) scoring this the highest. According to the “Mobility, Performance and Engagement” report from the Economist Intelligence Unit (EIU) and Aruba, employees in Western countries report themselves to be happier in their jobs, more loyal to their employers and more productive in their work compared to their counterparts in Eastern markets. When it comes to securing loyalty, the ability to hot desk was seen as paramount by many employees, notably in Singapore (37 percent), UAE (31 percent) and the US (34 percent), while the ability to collaborate with other employees was the number one choice for employees in Germany (43 percent), France (37 percent) and Japan (35 percent).

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Two in five managers oppose employees working from home

Two in five managers oppose employees working from home 0

Costs of homeworkingFlexible working may be growing in popularity among employees but there is evidence of a gap in expectations between employers and employees on where work should take place. A new report from Randstad found that only around a third of UK employees (35 percent) still want to work in the office every day of the week, with a majority (62 percent) wanting the option of working from home. Employers it seems feel very differently, as a report by Cornerstone OnDemand and IDC reveals that cultural attitudes are a major obstacle for the full acceptance of flexible ways of working, preventing employers from viewing it as a legitimate work practice. Two in five line managers (40 percent) admit that they do not want their employees to work from home, and crucially, even if a company facilitates remote working, bosses’ attitudes are keeping their employees in the office, with just 13 percent of employees actually choosing to work from home when given the option.

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Limited budgets greatest challenge to wellness programmes at work

Limited budgets greatest challenge to wellness programmes at work 0

wellness at workSixty-five per cent of respondents in a new survey across Europe, the Middle East and Africa claim that stress and mental health are the health and wellness issues they are most concerned about. Fifty-three per cent say that employees’ physical health is the biggest issue, while unhealthy lifestyles are judged to be the biggest issue by 49 percent. However, according to the study from Aon, only 32 percent of employers have emotional or psychological health programmes in place and 69 percent say limited budgets are their biggest challenge. While 93 percent of employers see a correlation between health and employee performance, just 13 percent of respondents measure outcomes of health strategies. The findings pinpoint areas for improvement and make recommendations to increase health benefits take-up, improve measurement on the impact of health initiatives and to maximise the return on investment that firms make in employee health.

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HR failing to inform European staff on implications of Brexit 0

The majority of non-British Europeans living in the UK don’t feel informed by HR about potential work policy changes caused by Brexit and nine out of ten are worried about what will happen should the referendum lead to an exit vote. The study of 1,000 Europeans by totaljobs also found that one in three (33 percent) would feel discriminated against if they were to look for a job in the UK in the current climate. Of those Europeans already living in the country, (87 percent) are worried about the potential impact of a Brexit vote, with half (49 percent) fearing for their job security and over a third (37 percent) for their personal lives. Worryingly for employers, nearly half (40 percent) of respondents said that the British decision to hold the Brexit referendum has negatively affected their opinion of the country and is forcing some (25 percent) to reconsider their career options outside of the UK.

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A fifth of staff experience more stress at home than in the workplace

A fifth of staff experience more stress at home than in the workplace 0

Amityville-HorrorHome may not be the haven we might assume, meaning that employers who encourage staff to work from home may actually be adding to their stress levels. Around a fifth of employees find their domestic lives more stressful than their working lives and many either don’t want to discuss it with managers or feel unable to, claims a new report from MetLife Employee Benefits. According to Building Resilience in the Workplace, 19 percent of employees overall are more stressed at home than at work, with slightly more female respondents to the study claiming to be stressed more by their home lives than the workplace. Around 21 percent of women say their home life is more stressful compared to 15 percent of men. The research claims that 67 percent of employees say domestic issues – including childcare, looking after elderly parents and financial pressures – are having an impact on their work performance.

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Many EU workers clinging to their fax machines and desktops, claims report

Many EU workers clinging to their fax machines and desktops, claims report 0

9d5c0df1bfd9da2178e869944ba0d87dIf you think the way people work is probably not quite as glossily portrayed in the media, then you’d probably be right. A lot more European workers than is commonly supposed still believe that fax machines are essential business tools, according to a new report from unified communications business Fuze. In a study of the working habits of 5,000 EU employees, it found that the fax machine is considered ‘essential’ by 30 percent of workers in the UK, 39 percent in Germany and 42 percent in France. The report also found that many also think that desktop computers are still more important in their day-to-day working lives that laptops, tablets or smartphones. Anybody horrified by the report’s findings will be heartened by its claim that the machines will die off in time as a new generation of people who don’t know what the hell a fax machine is supplant those who still cling to their battered, old, paper-based devices.

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Online immersion transforming the way people learn and develop

Online immersion transforming the way people learn and develop 0

df689c3017c066961bbac64f9a57d17d (1)According to a new report from The Open University, the UK’s near universal immersion in online behaviour is having a profound effect on the way employees learn and develop. The Trends in Learning 2016 report claims that businesses can do more to leverage these high rates of internet access, using online training solutions to ensure that they have a fully tech-savvy and highly-skilled workforce. The authors suggest that as individuals in the UK have become more used to accessing information online, demand for this access at work has also increased. According to research conducted by Towards Maturity, 57 per cent of workplace learners like to be able to access learning on-the-go and 18 per cent are now learning at their work desks. Organisations who can take advantage of this demand for mobile-optimised information will be able to develop a culture of learning in their workforces that boosts productivity and engagement.

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Employers ignore ways that flexible working has eclipsed traditional office life

Employers ignore ways that flexible working has eclipsed traditional office life 0

Flexible attitudes to flexible working practicesA significant proportion of businesses are still not giving their employees the support they need to work remotely and flexibly, despite the fact that 72 percent of UK office workers now believe the traditional fixed workplace is no longer relevant. For the vast majority the traditional nine-to-five is already a thing of the past, with nearly two thirds (62 percent) of people already using some form of flexible working at least one day per week. On average UK workers spend 2.5 days each week working remotely. The findings claimed by ‘The End of Nine-to-Five’ report commissioned by TeamViewer suggest that, despite the increased demands and expectations of employees, nearly 2 in 5 (37 percent) UK office workers said that their company’s IT department do not encourage remote working and do not make it easy. This figure went up as the size of the organisation increased, rising to 44 percent for companies with over 500 employees.

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Quarter of UK workers would choose home working over pay rise

Quarter of UK workers would choose home working over pay rise 0

Scottish businesses home workingWe reported earlier this week that flexible working has gone mainstream, with over a third of organisations now offering some kind of flexible working arrangement. The question is whether these flexible workers are more productive, as some employers persist in perceiving a flexible working request as a means of ‘shirking from home.’ Now new research to mark National work from home day, shows that 48 percent of workers are happier when they can work from home and nearly a third (32 percent) of British workers ‘feel more productive’ when they do so. The study by the Institute of Inertia, a partnership between comparethemarket.com and the University of Sheffield, found that nearly a quarter (24 percent or 7.5 million) of British workers would rather work from home one day a week than receive a pay rise, while seven million admit they suffer from ‘procrastination or inertia issues’ when working in an office.

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High cost for UK’s working mothers as European gender gap persists

High cost for UK’s working mothers as European gender gap persists 0

Gender gap increases for UK mothersNew research has been added to the growing body of evidence that a gender gap in employment persists in the UK and across Europe, and that this increases in the UK among working women with children. According to a new report from Glassdoor Economic Research, in a ranking of 18 countries, the UK comes 11th for equality, behind the Nordics, France and Spain. In the UK there are fewer women than men in the workplace. However, this gap is considerably narrower for those with a university education. By contrast, Sweden, Norway and Finland all have an almost equal balance of men and women in the labour market. Of real significance though, is the high “cost of motherhood” in the UK, whereby the gender pay gap widens among working women with children. British working mothers are significantly worse off than those without family responsibilities, and this pressure will not help the UK address its workplace diversity issues.

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Younger working mothers bear the brunt of maternity discrimination

Younger working mothers bear the brunt of maternity discrimination 0

Pregnancy discrimation at workiAs we’ve discussed before, when female workers have children their career prospects and salaries begin to slip. Having kids young and ramping up your career in your late 30s isn’t an option either as many working mothers find it difficult to secure flexible and well paid work with good career prospects while still in the early years of their career. This is one of the reasons why the average age of mothers in this country is now 34 and rather more controversially, why companies such as Apple and Facebook are offering women the chance to have their eggs frozen. More disturbingly though, research by the Equality and Human Rights Commission has found young mothers are significantly more likely to experience pregnancy and maternity discrimination, with six times as many under 25 year olds than average reporting being dismissed from their jobs after they tell their employer they are pregnant.

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