December 15, 2014

Quarter of UK workers stressed by way bosses handle change management

by Sara Bean • News, Wellbeing, Workplace

One in four UK employees feel disengaged, with an “excessive amount of change” cited as one of the top causes of work-related stress. According to the 2014 Towers Watson Global Workforce Study under half of employees (48%) feel that leaders are inspiring them to give their best at work and as a consequence, they are not as productive as possible. The research suggests that senior managers are not successfully managing and communicating change, with less than a third (30%) of employees saying that changes are well-implemented at their organisation. Effective leadership is also vital to a company’s ability to retain its top talent as a lack of trust in leadership was named by workers as one of the top reason to consider leaving a job. And worryingly, only half (49%) of employees actually believe the information they receive from the senior leadership team.

December 12, 2014

UK technological infrastructure not meeting demands of businesses

by Mark Eltringham • Flexible working, News, Technology

The UK’s technological infrastructure is failing to keep pace with the availability of broadband and mobile services and not meeting demands of small businesses and homes, according to Ofcom’s Infrastructure Report 2014. The report outlines the challenges facing the Government as it seeks to deliver appropriate technological infrastructure for both businesses and consumers. The report suggests that although there is an overall improvement in the availability and quality of broadband services, many remote and rural areas aren’t being connected quickly enough, there are too many urban ‘not-spots’, a lack of superfast broadband for small businesses and no discernible plan for the uptake of the next generation of ultrafast broadband. The report found the average UK household or small business is downloading 53 Gigabytes (GB) of data on their fixed broadband line every month.

December 12, 2014

Third of European workplaces to introduce wearable technology in 2015

by Sara Bean • Facilities management, News, Technology

One third of European businesses plan to introduce wearable technology to the workplace next year, but the majority of organisations have yet to introduce a policy to deal with the change. A European online survey by Ipswitch to determine the readiness of businesses for wearable technology in 2015 has discovered that despite the widespread adoption of the latest BYOD devices over the next 12 months, very little thought has been given to the impact wearable technology could have on network performance and security. In fact, over three quarters of businesses in the UK, France and Germany (77 percent) admit they have no policy for managing the impact of wearables joining the corporate network and only 13 percent of organisations report that they have a policy in place to cover managing the impact of wearable technology. More →

December 11, 2014

Corporate real estate executives planning for growth finds CoreNet survey

by Sara Bean • Facilities management, News, Property

Global corporate real estate executives report that economic conditions improved again in the third quarter and they remain optimistic about economic growth. This is according to the most recent findings of the CoreNet Global Economic Index; a statistical measure that reveals trends and confidence levels within the corporate real estate (CRE) world. The survey, which takes advantage of the unique perspective that CRE executives have of the overall economy was conducted among a targeted group of 220 senior level managers of corporate real estate at Fortune 1000 companies globally. The survey measures the overall optimism that these executives have with respect to their own companies, as well as the economy at large. There were positive responses on their own company’s prospects for growth and expansion: many were likely to increase their real estate portfolio as a result of more employees and there was optimism regarding the global economic outlook over the next quarter.

December 11, 2014

Tech firms’ grip on best place to work lists may be starting to slip

by Mark Eltringham • News, Workplace, Workplace design

Technology firms now routinely dominate lists of the best place to work, but there are signs at least that their dominance may be waning slightly. According to a new survey of the best places to work in the US and UK compiled by jobs website Glassdoor, Google tops a list of the 50 best places to work in the US. The survey is restricted to firms with 1,000 or more employees who have received at least 50 reviews based on a 1 to 5 scale over the last 12 months. This methodology inevitably presents a skewed picture. Nevertheless, there may be something to conclude from Apple only making 22^nd place, Facebook’s fall from 5^th to 13^th, LinkedIn’s slip from 3^rd to 23^rd and Twitter’s fall from 2^nd to nowhere. Meanwhile in the UK, John Lewis’s longstanding focus on employees saw it grab one of the top five spots alongside the likes of Microsoft and Google.

December 11, 2014

New report uncovers habits and habitats of London’s workplace tribes

by Mark Eltringham • Cities, News, Workplace

City workers have been proven to ‘work hard and play hard’ more than those in other areas of Greater London, according to an extensive study of the capital’s office workers. Those in the Square Mile have the longest hours (45.3), spend most nights out drinking (two) and as a consequence suffer from the highest number of hangovers on a weekly basis. The findings are part of a research project by Avanta Serviced Office Group, to reveal the contrasting habits, characteristics and lifestyles of those working in different areas. The study questioned over 1,500 office workers across the city and found: City of London workers are most likely to ‘work hard and play hard’, often snoozing in the workplace at lunchtime to catch up on their sleep; weary West Enders are out-shopped by workers in the City; Islington is the cycling and social media capital of London; and Croydon has the most office romances.

December 10, 2014

Barclays converts underutilised offices into free co-working spaces

by Mark Eltringham • News, Property, Workplace design

Social enterprises, business start-ups and community groups will be offered free co-working space by Barclays as part of an initiative called Hatch, developed in partnership with charity 3Space. The programme aims to transform underutilised Barclays’ properties into office space for social entrepreneurs, early stage local businesses and community groups, charities and other qualifying organisations. The first Hatch project has opened its doors in Oxford (above), with a further three set to open in 2015. 3Space claim that Hatch will provide for a unique combination of creative, social and community needs, helping more people get their business ideas off the ground, experiment and share ideas as well as access advice on business and technology. The spaces should also provide a central hub for communities, hosting local events and meetings.

December 10, 2014

‘Empty desks’ costing UK business 18bn a year, as job vacancies go unfilled

by Sara Bean • News, Workplace

The economic impact of unfilled job vacancies on the UK economy may be leading to a staggering annual cost of over £18bn. Research by job site Indeed, claims that falling unemployment and robust job creation is resulting in many businesses finding it a challenge to locate and secure the right employees. This inability to find and recruit the right hire for a role is impacting on both the business itself and the wider economy in two major ways. For the employer, failing to effectively resource a business slows both production and profits, while in the wider economy unearned wages reduce consumer spending power and contribution to economic growth. ‘Empty desks’ in the real estate sector are having the greatest impact on the UK economy, due to high levels of contributed economic value (the goods and services that could be produced if the position were filled).

December 9, 2014

New Scotland Yard sold to Emirati investors for £370 million

by Mark Eltringham • News, Property, Public Sector

Illustration: @SimonHeath1

The buyer of the Metropolitan Police’s Scotland Yard headquarters building has been confirmed as Abu Dhabi Financial Group (ADFG). The sale of the home of the Met as part of a huge shake-up of the police’s estate was first announced last year and last month news emerged that a buyer had been found, although details of the sale were withheld. The sale of the site to the Emirati investment group for £370 million is reported to be some £120 million more than the original asking price set by London Mayor Boris Johnson. The current building has been home to the Met since 1967 but the Mayor’s office felt the sale and freeing up of resources could benefit the force’s frontline operations. The sale is part of a wider shake-up of the police estate in London which has already seen the sale of 32 buildings, raising £125 million. The restructuring programme is expected to complete in 2016 and is estimated to save around £60 million each year in running costs.

December 9, 2014

UK employers lag behind on the importance they place on workplace health

by Sara Bean • News, Wellbeing, Workplace

Two in five (40%) of UK employees say their employer offers no health or wellbeing benefits, a new study on workplace health has revealed. Although the research, conducted by Bupa, found that two thirds (64%) of UK employers agreed that a healthy workforce is a more productive one, two in five (40%) employees said their employer offers no health or wellbeing benefits. Three in ten (28%) employees went as far as saying that when it comes to wellbeing, their company is all talk but no action. UK employers lag behind many other countries on the importance they place on workplace health. Just 57 per cent of UK employers agreed that good health makes good business sense compared to 85 per cent in Australia and 82 per cent in Poland. Meanwhile just over half (58%) of UK employers think that an unhealthy workforce is a risk to business performance compared to 81 per cent in New Zealand and 80 per cent in Spain.

December 8, 2014

ILM issues management guide to office Christmas party etiquette

by Sara Bean • Legal news, News, Workplace

We’re well into the office Christmas party season and with it comes the usual management warnings; however, this one comes from the Institute of Leadership & Management (ILM) so it’s worth taking notice. A survey by ILM reveals some pretty predictable misdemeanours; including almost 9 out of 10 workers (87%) seeing colleagues drink too much and 48 per cent having gone to work with a hangover after their office party, but over a quarter (28%) also admit to having heard staff revealing their colleagues’ secrets. There are consequences of such indiscretion, with more than half the managers surveyed (51%) saying they would reprimand workers for being rude to each other, while 28 per cent would tell workers off for revealing their colleagues’ secrets. And keen to dodge the line of fire themselves; 41 per cent of managers would reprimand staff for shouting at the boss. More →

December 8, 2014

Flexible working could boost economy by £90 billion, claims report

by Mark Eltringham • Flexible working, Knowledge, News

The widespread adoption of flexible working in the UK could boost the economy by as much as £90 billion each year according to a new report from mobile tech firm Citrix and the Centre for Economics and Business Research (Cebr). The study of 1,272 British knowledge workers claims that their ‘best case scenario’ calculation is based on saving UK workers £7.1 billion in commuting costs and over half a billion hours spent travelling. This would add around £11.5 biliion annually to the economy. The report also suggests that an even greater boost to GDP could come from the introduction of a large number of currently unemployed and underemployed individuals such as the retired, disabled and stay-at-home parents. By tapping this pool of talent the report claims that the economy would benefit by up to £78.5 billion annually, equivalent to nearly 5 percent of GDP.