Happiness and wellbeing must be at the heart of the economy finds new report

Happiness and wellbeingTo mark International Day of Happiness, a major new report has revealed that a country’s GDP fails to reflect levels of people’s happiness, which, it says, “are not easily reducible to monetary values”. Wellbeing and policy was commissioned by the Legatum Institute, which established the Commission on Wellbeing and Policy to advance the policy debate on social wellbeing and is chaired by the former head of the civil service Lord Gus O’Donnell. It finds there is growing recognition that the measures of a country’s progress need to include the wellbeing of its citizens. The report adds that with job satisfaction on a long-term downward trend in most advanced countries, and people ranking time spent with their manager as among their least happy moments in the day, there’s a lot more employers can be doing to address levels of wellbeing and happiness at work.

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Internet of Things will connect ten billion devices over next five years

Internet_of_ThingsA new study from technology market research firm Gartner predicts a near tenfold increase over the next five years in the number of devices connected through the Internet of Things. The study, Smart Cities Will Include 10 Billion Things by 2020 — Start Now to Plan, Engage and Position Offerings, claims that there are currently just over a billion connected devices worldwide but that by 202, the number will rise to 9.7 billion. The key driver for the uptake of these devices will be the new generation of  smart cities which rely on sensors embedded in infrastructure to allow authorities to monitor activities such as traffic levels, availability of car parking, the use of energy in street lighting and so on. The idea is that the sensors deliver real time data to allow planners and administrators to make better decisions about resources and infrastructure.

Six key workplace and property announcements from this week’s budget

BudgetIn yesterday’s budget announcement, the Chancellor maintained the Government’s focus on regional devolution and investment in both physical and digital infrastructure. In truth, there was little surprising in the announcements, many of which had been signalled in advance and were rooted in existing policies. Some of them arrived fully formed, such as the devolution of powers related to business rates. Others, including the much talked about and overdue investment in regional infrastructure such as the cross country fast rail link, were fleshed out. Given that this is a budget with both eyes on the forthcoming general election, it’s a shame that some announcements lacked detail. Here are six of the key announcements that will affect the workplace, technology and property sectors.

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Office workers report difficulties with remote communications technology

Office workers report difficulties with remote communications technologyJust as the adoption of digital communications technology is making the one-person per desk workstation model look outmoded, the design and layout of the typical conference room is no longer suitable for remote communications. That is one of the findings of a new survey by Steelcase which found that despite, or rather because of advances in technology, office workers are having difficulties when trying to communicate with work colleagues based elsewhere. The problem, which Steelcase has coined presence disparity can lead to an overall collaboration experience which is best described as unpleasant and taxing, with participants feeling strained physically, cognitively and emotionally. This isn’t helped by the fact that conference rooms, the most used spaces for videoconferencing, usually feature long rectangular tables designed for face to face meetings, not those to camera.

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Increasing adoption of serviced offices within the corporate sector

Serviced office for Square Enix by Instant officeServiced offices have been viewed as the preserve of start-up businesses, rather than as a solution to the workspace needs of companies. However, with the growth in popularity of cluster and co-working spaces, that is changing. New research, admittedly by a global broker of serviced office space, Instant Offices, indicates the increasing acceptance of serviced office solutions within the corporate sector, ranging from SMEs through to FTSE 100 / Fortune 500 companies. Alongside that, the cost of desk space in serviced offices has grown by double figures across the UK in the past year, rising by 3.6 percent, in addition to an 11.4 percent increase in desk rates. Growth in the number of such spaces across Central London was as high as 17 percent in Southbank and 11 percent in the West End during 2014.

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Budget to focus on flexible working, broadband and regional economy

flexible workingAccording to reports in today’s Times, two of the key commitments in this week’s budget announcement will be a commitment to the development of the UK’s technological infrastructure as well as more details on plans for the UK’s regional economies. What is telling about both is they signal an overdue recognition that the vast majority of the UK’s inhabitants don’t live in London and even those that do find it increasingly unaffordable and unattractive. Accordingly, the first communities to be targeted for superfast and ultrafast broadband will be those in the remotest parts of the country, which until now have been those most at risk of being in the slow lane of technological developments. The Times reports that until now about 1.5 million homes were due to miss out on a pledge to give 95 per cent of people access to fast internet by 2017.

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New guidance helps businesses engage staff in a sustainability strategy

Green bizWhile any far-seeing organisation might develop environmental and corporate social responsibility initiatives, it is important to ensure employees are fully informed and committed to their employers’ aims. The Global Environmental Management Initiative (GEMI) argues that while the leadership may set expectations, it is employees and managers who make it happen. To aid this process, a new toolkit, the  GEMI Quick Guide for Engaging Employees in Sustainability: has been designed to advise corporations on how to successfully engage and motivate employees to participate in their sustainability strategies. The guide explores potential ways of fostering employee connections to sustainability, implementing an engagement strategy, and understanding the role of corporate culture within it.

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Managing change plays key role in factors that affect employee wellbeing

Managing change key element in employee wellnessAnyone who has sat on a stationary train waiting to find out just why they’ve stopped moving, will know the twin frustrations of a lack of communication and lack of control. The same goes for those at work who feel they’ve little control over what happens to them and worse still that their employer is neglecting to keep them properly informed of any changes. Data compiled from workplace wellness organisation Good Day at Work, founded by Organisational Psychologist Professor Sir Cary Cooper now includes a handy infographic which illustrates the five biggest factors affecting employee wellbeing. These are, organisations that change for change’s sake; people having little control over their job; not having enough time to do their job; not being involved in the decisions that affect their job and knowing their job is going to change but not how.

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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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