August 22, 2016

Birmingham reaches over half a million sq ft office take-up so far this year ⁰

by Sara Bean • Facilities management, News, Property

Birmingham is set to surpass the 1 million sq ft mark for office occupational activity this year. Following its busiest first quarter to date – office take-up in the Birmingham city core reached 217,295 sq ft in 40 deals during the second quarter. When added to the 283,697 sq ft in Q1 2016, the half year to date totals 500,992 sq ft. According to Colliers, despite Brexit uncertainty, the level of transactional activity remained strong and was above the five-year quarterly average. While the average size of transactions was lower in comparison to this time last year, due to the much publicised HSBC lease, there were a number of significant deals. Network Rail secured 85,000 sq ft over three floors at Baskerville House in Centenary Square, bringing its three separate Birmingham offices together. However, the supply of Grade A office accommodation remains constrained as a result of continued demand for space from the occupiers, as well as the absence of the delivery of new stock before the end of 2016/early 2017.

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August 22, 2016

Two thirds of employers don’t understand impact of workplace health issues ⁰

by Mark Eltringham • News, Wellbeing

A new study from Aon Employee Benefits claims that UK employers are less likely than other employers in the EMEA region to have a defined workplace health strategy with just 37 percent understanding the impact of their employees’ health issues. The 2016 EMEA Health Survey suggests that UK employers are less likely than others in the Europe, Middle East and Africa (EMEA) region to have a defined health strategy (30 percent vs 40 percent). The survey also claims that UK employers’ actions are out of line with their actual concerns. 63 percent believe their top issue is managing stress and mental health issues, while 51 percent suggest that physical health is their second highest health and wellbeing priority. However, more employers have physical and social programmes to support employee wellbeing (57 percent and 55 percent respectively), while just 41 percent have an emotional or psychological programme in place.

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August 22, 2016

Managers and staff in creative sector disagree on what makes a creative office ⁰

by Mark Eltringham • Flexible working, News, Workplace design

According to a survey by recruitment firm The Creative Group, managers and employees in US based ad agencies don’t see eye to eye on the essential characteristics of a creative office. When asked what the ideal work environment is for on-the-job innovation, the top response among advertising and marketing executives was an open plan workplace. Employees, however, seem to prefer more private, concentrated time, with a private office being the most popular option. According to the study of 1,400 US based ad agency managers, executives and employees, over a third of managers favour open plan environments compared to just a quarter of employees. Twice as many employees as managers would also rather have a private office. Around a fifth of both groups opt for a cubicle. Perhaps the most interesting finding of the report is that just 4 percent of both groups think the best option is remote working.

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August 19, 2016

Employers must lose ‘stiff upper lip’ culture to promote workplace wellbeing ⁰

by Sara Bean • News, Wellbeing, Workplace

A ‘stiff upper lip’ attitude towards wellness by UK bosses needs to change in order to advance employee wellbeing, argues a survey by Bupa. It is business leaders who are the key to overcoming the challenges facing employees’ health and wellbeing, it claims. The vast majority (94 percent) of those questioned believe there will be significant change in the employer-employee relationship in the next ten years. 91 percent of business leaders agree that technology will continue to impact the wellbeing of their workforce over the next decade and 71 percent agree the standard 9am-5pm working day is a thing of the past. Seven in ten (68 percent) noted a ‘stiff upper lip attitude’ at executive level, creating barriers to conversations about wellbeing, and three fifths (62 percent) of leaders think they need to show that they don’t suffer from ill health.

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August 18, 2016

Uncompromising job candidates’ demands don’t include flexible work ⁰

by Sara Bean • Flexible working, News, Workplace

Job candidates are becoming more demanding claims a new survey, with three quarters (79.2 percent) of UK workers polled not willing to compromise on certain areas when looking for a new role. Unsurprisingly, 18.2 percent say that a low advertised salary would put them off a role entirely, but other less tangible issues would also dissuade them from pursuing an application. This includes unclear job descriptions (20 percent) and a long recruitment process (10.2 percent); while 7.8 percent revealed that poor communication throughout the recruitment process would drive them away from a company. The research, which was conducted by CV-Library, surveyed 1,000 UK workers and found that candidates are growing increasingly impatient with their job hunt. Other key deterrents cited were poor traits about the businesses themselves, including a bad reputation (9.5 percent), a high staff turnover (7.1 percent) and poor management (6.1 percent).

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August 18, 2016

Economic slowdown curbs demand for office space in Dubai ⁰

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

There has been a reduction in demand for office space in Dubai over the past six months, as the ripple effect of the oil price collapse and the subsequent economic slowdown in the rest of the Gulf reverberates across the emirate’s commercial property market. As firms retrench staff and reconsider their future strategy in the wake of global economic challenges, decisions to acquire, expand or move office space have commonly been put on hold according to Cluttons’ latest Dubai Office Market Bulletin. This has resulted in an exaggeration of the seasonal summer slowdown throughout late Q2 and early Q3 2016. Cluttons’ research also highlights that, the general lack of rental growth is unlikely to change in the short-term. Across the market as a whole, rents are not expected to fall much further, particularly as they are at a point where they are considered to be fair market value and landlords appear unwilling to lease below a certain level.

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August 17, 2016

The behaviour of managers is increasing workplace stress, claims study ⁰

by Mark Eltringham • News, Wellbeing, Workplace

Management behaviour is contributing to rising workplace stress levels with employees blaming their own bosses for adding to the pressures they feel, a new study of 1,200 people by MetLife claims. The study suggests that 69 percent of employees say that the behaviour of managers in their organisation has increased stress and that the rising stress is having a major impact on company performance. Around 45 percent of employees say that stress caused by management has led to staff in their organisation taking extended time off. This in turn increases costs and affects productivity as well as impacting other workers who take on an increased workload. Government data estimates that around 35 percent of all work-related ill-health is caused by stress and that stress accounts for 43 percent of all working days lost to ill-health – the equivalent of 9.9 million working days a year at an average of 23 days per case.

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August 17, 2016

New Acas guidance issued on keeping UK workplaces cool ⁰

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

The Spanish Plume may have been blown off course – but given the fact that any British office becomes uncomfortable when we reach the heady heights of 20 degrees and over, it’s worth taking a look at new guidance on ways of keeping workplaces cool for employees during hot weather. The UK has no legal maximum workplace temperature but the Health and Safety Executive states that temperatures must be at a “reasonable” level, depending on the place of work and type of activity. Workplace experts Acas have launched their latest hot weather guidelines to help employers keep workplace temperatures down so staff can continue to work safely and productively. Its guidance also covers thorny areas such as suitable dress codes during warm weather – as the guide says; ’employers may choose to adopt a more casual or flexible approach to dress during hot weather days but this may depend on the type of the business’. There are three top tips from Acas.

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August 16, 2016

Flexible working patterns may make us more susceptible to infection ⁰

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

We are more susceptible to infection at certain times of the day as our body clock affects the ability of viruses to replicate and spread between cells, suggests new research from the University of Cambridge. The findings, published in the Proceedings of the National Academy of Sciences, may help to explain why people who work outside normal working hours are more prone to health problems, including infections and chronic disease. The time of day of infection can have a major influence on how susceptible we are to the disease, or at least on the viral replication, meaning that infection at the wrong time of day could cause a much more severe acute infection. According to the study, when a virus enters our body, it hijacks the machinery and resources in our cells to help it replicate and spread throughout the body. But, the resources our body has to fight infection fluctuate throughout the day, partly in response to our circadian rhythms – in effect, our body clock.

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August 16, 2016

Women struggling to reach senior executive roles in top US firms ⁰

by Sara Bean • Comment, News, Workplace

Progress for women in reaching the executive ranks within the UK’s FTSE 100 is too slow and the picture is less than inspiring on the other side of the Atlantic. A new analysis by Korn Ferry of the top 1,000 US companies by revenue finds the percentage of women in most executive positions is dramatically lower than their male counterparts. Across the most prominent executive job titles and several industries (consumer, energy, financial, life sciences, industrial, technology) an average of less than one quarter (24 percent) of the top leaders are women. The most senior post is held by the smallest percentage of women, with only 5 percent serving as CEO; 12 percent of CFO’s (Chief Financial Officer) are women; and 19 percent of women holding the CIO (Chief Information Officer) role across all industries. The CHRO (Chief Human Resources Officer) role is the only one where there is gender parity, with 55 percent of CHROs across industries being women.

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August 15, 2016

Brexit leads to ‘softening’ of employment market, claims CIPD survey ⁰

by Neil Franklin • News, Public Sector, Workplace

The UK’s decision to leave the EU has resulted in a softening in hiring intentions and businesses should invest in skills immediately, according to the latest CIPD/Adecco Group UK & Ireland Labour Market Outlook. The report is based on employer sentiment in the two weeks before and after the EU Referendum and claims that employers surveyed ahead of the vote were somewhat more optimistic about hiring intentions than those surveyed afterwards. It suggests that the proportion of employers expecting to increase staffing levels over the next three months dropped from 40 percent pre-Brexit to 36 percent following the vote. The net employment balance, based on the difference between the share of employers expanding their workforce and those reducing it, dropped from +21 pre-Brexit to +17 post-Brexit. However, the fall was significantly sharper among private sector employers, with the post-Brexit employment balance declining to +25 from +39.

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August 15, 2016

UK commercial property prices fall during first full month after Brexit ⁰

by Mark Eltringham • Company news, News, Property

The first full month of market activity in the UK’s commercial property sector since the Brexit vote, saw its value fall by just under three percent, according to the latest data from real estate researchers MSCI in their monthly IPD real estate index. The value of the nationwide market fell by 2.8 percent over the month. Central London was particularly badly hit with values falling by 4.1 percent. The monthly report is sponsored by a number of the major players in the commercial property sector and is based on an analysis of every building in the MSCI database including currently occupied buildings and those in development and being refurbished. A report published earlier this month by Investment Property Forum found that while the overall value of the UK’s commercial property had hit record levels, the uncertainty surrounding the consequences of Brexit was of major concern for investors and occupiers.