Multi generational workplace could boost economy by £25 billion

mult generational workplaceThe Government has published a new report which describes the challenges faced by the UK’s over 50s in the workplace and sets out ways in which more of them can stay or move into work. The report is the culmination of eight months’ work by a team led by the Government’s ‘ageism tsar’ Ros Altmann and highlights why action is needed based primarily on the twin issues of demographic change and increasing life expectancy. The report, Retain, Retrain, Recruit, recommends action that would help older workers thrive and ensure individuals, industry and the economy can reap the financial and social benefits of a multi generational workplace. The report outlines how businesses could recruit more older workers, retrain existing staff and provide greater flexibility to retain them as well as setting out measures that should be taken to reflect the multi generational workforce in the media and policy making.

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Edinburgh and Manchester top UK’s regional commercial property markets

With 2015 set to be a ‘stellar year’ for regional city growth, commercial property adviser GVA has compiled key statistics on Grade A office markets for the top nine UK cities. Manchester and Edinburgh topped the charts in terms of Grade A take-up in 2014, on 401,406 sq ft and 333,351 sq ft respectively, while Newcastle was at the bottom on 64,000 sq ft, just behind Liverpool on 67,199 sq ft. Edinburgh and Glasgow led the way in terms of immediately available space and Edinburgh also saw the largest leasing transaction in 2014 with the 108,564sqft deal signed by Standard Life Investment. Manchester (614,000) and Leeds (487,650 sq ft) top the heap in terms of Grade A space under construction. Meanwhile Manchester and Birmingham top the prime rent pile at £32 and £30 per sq ft for prime Grade A space respectively.

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The latest Insight newsletter is now available to view online

Insight_twitter_logo_2In this week’s issue; Maciej Markowski says it’s worth asking exactly where open plan office layouts will work and where they won’t and Justin Miller explores the influence of Scandinavian furniture design on the UK. Mark Eltringham wonders what will become of the generation of Tech Palaces, as exemplified by Google’s California campus; asks why more firms haven’t been drawn to look at leasing to fund office fit-out and argues politicians tend to get behind a big, stupid idea than a number of small, effective ones. Two new reports published this week highlight the potential benefits of flexible working, especially to women; and news of the latest workplace malaise, Invisible Employee Syndrome, when employees disappear from the performance radar. Sign up to the newsletter via the subscription form in the right hand sidebar and follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

A third of Britons claim their employers still don’t offer flexible working

small businessesMore than a third (37 percent) of British employees claim their employers are not yet offering flexible working arrangements, according to a report from unified communications firm Unify. This is in spite of the fact that nearly all UK employees now have the right to request flexible working following the introduction of revised legislation last Summer. The survey of staff at more than 1,500 businesses in the UK also claims that 39 percent of respondents said they would be more loyal to the business if it offered more flexible working options. According to the report, Humanising the Enterprise, a further 28 percent said they have no preference about where they get work done and 40 percent said they would find it liberating if they were able to work entirely outside of the office. Over half (51 percent) said their colleagues and other interruptions distract them from doing their jobs.

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Employers warned of new office malady: ‘Invisible Employee Syndrome’

Employers warned of new workplace malady – 'Invisible Employee Syndrome'While some workers might be happy to stay under the workplace radar, this lack of engagement does not benefit their employers. Now firms are being warned of a previously unrecognised malaise, Invisible Employee Syndrome, which occurs when employees ‘go dark’, disappear off the performance and talent radar, and intentionally or unintentionally become invisible to their employer. The survey cites a range of contributory factors, including inadequate engagement, poor communications, a lack of insights and broken HR processes and systems. The joint survey from HRMS provider Fairsail and HR Grapevine showed that 78 percent of respondents felt employees were poorly engaged. Many UK organisations are suffering from this ailment, which the research suggests is reducing productivity, sapping innovation, undermining competitiveness and fueling attrition.

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Firms not offering staff the technology they need, claims report

Flexible working techMore than half (55 percent) of UK employees believe they do not have access to all the technology needed to do their jobs, according to research by Fujitsu. The study, Digital Inside Out, was based in a survey of just over 1,400 UK based employees and claims to reveal a significant disconnect between the needs of a digital-savvy working population and the digital services UK employers are currently providing. According to the report, 73 percent of UK employees believe that digital is vital to the future success of their organisation. However despite this, only 45 percent of employees feel they are provided with access to the technology services and applications they need to do their job sufficiently and 29 percent state that their ability to do their job is being hindered due to poor digital services. The report argues that the mismatch can be very costly for organisations.

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BREEAM consults on new scheme for refurbishment and fit-out projects

Newham CC new officesA draft of the part of the BREEAM sustainability assessment schemes which deals with refurbishment and fit-Out, has been published for consultation. Launched this week at MIPIM, the consultation will close on 10 April 2015. The draft document can be downloaded from the BREEAM website here. All interested parties, buildings owners and investors, designers, construction industry professionals, BREEAM assessors and other stakeholders are invited to send their comments to breeam@bre.co.uk with the subject: “Comments on draft BREEAM International RFO 2015”. The draft publication of of the scheme comes four months after the launch of the UK Refurbishment and Fit-Out 2014 scheme. BRE claims that this has been adapted for an international market to take account of a range of local and regional standards, conditions and climates.

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Two new reports highlight potential benefits of flexible working for women

flexible working womenTwo new reports published this week highlight the potential benefits of flexible working for both employers and staff, especially women. According to a Workingmums.co.uk Best Practice Report, only 36 percent of employers have a flexible working policy despite over half thinking it improves retention, particularly of women, and over a third saying it makes people more efficient. Meanwhile, a study from the TUC claims that around half of the net growth in female employment in 2014 came from women moving in to lower-paid part-time jobs. The analysis claims that while full-time employment accounted for all of the net growth in male employment last year, for women full-time employment accounted for just 47 per cent of net female jobs growth. The TUC also claims that women who moved into part-time jobs during 2014 were typically employed on much lower rates of pay than those in full-time work.

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Some improvement but levels of engagement remain low in US workplaces

disengagementAccording to a new poll from Gallup, the proportion of US workers engaged in their jobs rose from an average 31.7 percent in January to an average 32.9 percent in February. The latest monthly rate of employee engagement is the highest Gallup has recorded in three years and is 1.5 percent higher than for the same period last year.  The study is based on Gallup Daily tracking interviews conducted with around 6,000 employees. Gallup categorises workers as more or less engaged or disengaged based on their responses to key workplace metrics that the pollster claims predict important organisational performance outcomes. With a third of US employees engaged at work – a figure that has remained consistent over the last three years – February’s data also showed that half (50.3 percent) of employees are not engaged and 16.8 percent are actively disengaged at work.

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Third of Millennials more engaged by contributing to company vision than a high salary

Third of Millennials more engaged by contributing to company vision than a high salaryThe younger generation of workers say high visibility and the chance to help influence the workplace culture is of much more importance than the size of their pay packet. When asked by US-based firm Futurestep what matters most to them as employees, the greatest number of Millennial respondents – those born after 1980 – (23%) said it was “the ability to make an impact on the business,” followed by “a clear path for advancement” (20%) and “development and ongoing feedback” (16%). Income came in at fourth place at 13 percent. When questioning what makes Millennials choose one job over another, more than a third (38%) said “visibility and buy-in to the vision of the organization” while 28 percent said “a clear path for advancement.” “Job title and pay” came in third place at 18 percent.

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Men and women have differing views on equal pay and opportunities

Gender pay gapMen and women have differing views on the pay and career opportunities available to female employees in the workplace, according to a report published today by recruitment firm Hays. The report is based on a study of 6,000 employees which found that just under half (45 percent) of women think that equally qualified and capable male and female colleagues are not paid the same compared to around 20 percent of men. The survey also produced an almost identical result when respondents were asked whether the same career opportunities were available to both sexes, with 21 percent of men and 48 percent of women claiming that both genders enjoyed the same opportunities. Overall both sexes agree that quotas are not the best solution to any mismatch with just 9 percent agreeing that they would have a major impact.

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Best performing office buildings included in the annual BREEAM awards

Publication1A Grade A listed building at London’s King’s Cross; a former industrial warehouse complex in London’s Clerkenwell and an office building off Paris’ Champs-Elysées were among the award winners for best performing buildings assessed under sustainable buildings standard BREEAM. Over 50 green projects from across Europe were shortlisted with eight awards going to UK-based projects and four others shared equally between France and Norway. Winner of ‘offices new construction’ is One Pancras Square, a Grade A office building based at the gateway to the King’s Cross development. ‘Offices in use’ winner Washington Plaza is a 47,097 sq.m office building, at 42 rue Washington 75008 Paris. ‘Offices refurbishment and fit-out’ winner Morelands sits at the junction of Old Street and Goswell in London’s Clerkenwell area and comprises a cluster of warehouse buildings built around a U-shaped courtyard.

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