November 20, 2014

Gender pay gap at lowest point in history, reports ONS

by Sara Bean • Flexible working, News, Workplace

The gender pay gap is now at its lowest point in history, with more women in work than ever before. According to new statistics by the Office for National Statistics (ONS) the pay gap has reduced by 0.7 percentage points over the past year to 19.1 per cent, and for those in full-time work the gender pay gap has reduced to almost zero for those under 40. Action is being taken to tackle one of the reasons for the pay gap – career breaks, often to raise a family by extending flexible working to all employees, and from next year, tax-free childcare and shared parental leave will come into effect. However, one of the main causes of the gender pay gap is that men tend to work in better paid sectors to women so a range of measures are being introduced to help women move from low-paid, low-skilled work into higher paid, higher skilled work. This includes a new £2 million training and mentoring programme of events for women, including those working part-time and older workers, to be carried out by the UK Commission for Employment and Skills. This will target women working in the science, technology, engineering and maths (STEM), retail and hospitality management and agricultural sectors.

November 19, 2014

Group of UK’s major employers urges widespread uptake of flexible working

by Mark Eltringham • Facilities management, Flexible working, News, Technology, Workplace design

Some of the UK’s largest companies are jointly spearheading the call for the greater uptake of flexible working. On Monday, the 22 companies that make up the Agile Future Forum highlighted the role that factors such as new technology, changing demographics and globalisation are having on the business case for the adoption of agile working practices. Firms such as John Lewis, ITV, Ford, Tesco, Lloyds, BT and B&Q are championing the cause of agile working as a way of running a business that is competitive, productive, attractive to employees and able to compete on the world stage. The AFF, set up by former Lloyds chairman Sir Win Bischoff, used the event to publish its latest research to highlight the ways in which it believes the UK is one of the best-placed countries to foster flexible working in spite of a range of recalcitrant and restrictive working practices. The event cited a recent CBI survey which found that while 97 per cent of UK businesses agree that agility is key to growth, many still offer a limited range of flexible working practices.

November 19, 2014

Commercial property market sees significant shift in attitudes to green building

by Mark Eltringham • Environment, Legal news, News, Property

The UK commercial property market is experiencing a major attitudinal shift towards green buildings according to GVA’s fifth Green to Gold report. The biannual survey questions commercial property investors on their understanding of market perceptions of the value of sustainability criteria and gauges their attitudes towards regulation and related issues. The latest edition of the study published this month claims that the market ‘no longer views sustainability as a nice to have’ with more than half of those questioned considering green building credentials as a key driver of investment performance. Perhaps unsurprisingly this belief strengthens with regard to longer term investments. The research also found that nearly all (94 percent) of those surveyed now had a sustainability policy in place at either the organisational or fund level and 59 percent of respondents said that three quarters of their portfolios have been assessed against sustainability criteria, compared with just a quarter in 2012.

November 17, 2014

UK workers feeling more optimistic on state of global economy than the PM

by Sara Bean • News, Workplace

David Cameron has begun the week with dire warnings on the fragility of the global economy, but UK workers are (or were) feeling more optimistic. According to an annual report, there’s been a significant uplift in optimism, stability and dynamism, compared to the same time last year. The Workforce View 2014/15 by ADP, which measures the views and attitudes of more than 2,500 UK workers, suggests that the positive economic outlook reported so far in 2014/15 has filtered down to employees. The study shows that more than three quarters of workers (77%) now feel optimistic about their next 10 years at work, up from 64 per cent in 2013 and just 59 per cent in 2012. Over a quarter (26%) of respondents went further, saying they are ‘very optimistic’ about the years ahead – double the figure reported just one year ago (13%). Workers say they are more confident about job security (36 per cent), feel that career opportunities are growing again (35%) and sense the economy is improving, thereby benefiting their careers (32%). More →

November 14, 2014

Twice as many employees will use BYOD by 2018, predict analysts

by Sara Bean • Facilities management, News, Technology

By 2018, there will twice as many bring-your-own devices (BYOD) used at work than employer-owned laptops. However, when designing BYOD programmes, employers need to ensure that they target users who have interest and propensity to use a wider choice of devices for work and feel relatively at easy with technology. According to Gartner, throughout 2017, 90 per cent of organisations will support some aspect of BYOD, and predicts that by 2018 there will be twice as many employee-owned devices used for work than enterprise-owned devices. The analysts says this is because tablets (BYOD) offer better opportunities than that of enterprise owned-laptops and smartphones, as IT departments can support nearly three times more users in tablet BYOD programs than enterprise-owned devices. BYO smartphone programmes have a total cost of ownership that is very similar to those of enterprise-owned smartphones, but will only deliver savings when the organisation is in a position to pay partial, or do not reimburse or subsidise for voice and data plans. More →

November 14, 2014

EU institutions are not implementing their own green building policies

by Mark Eltringham • Environment, Facilities management, News, Public Sector

According to a report on EU news site euractiv.com, the various institutions of the European Union have been ‘unambitious’ in terms of delivering energy efficiency as part of their own buildings strategies. That is the key finding of a new study from the European Court of Auditors. which claims that green building standards and initiatives developed and promoted by the EU are not consistently employed for new buildings or as part of major renovation projects carried out by bodies such as the European Commission, European Parliament, EU Council and other institutions. The special report reveals shortcomings in the approach of these bodies, calls on the EU Commission to propose a common policy for reducing the carbon footprint of EU institutions and bodies and proposes the setting of an overall reduction target for greenhouse gas emissions by the year 2030. The report claims that it is through the design processes of a new building, or for a major renovation, that the greatest impact can be made on its energy performance and this should be the focus of its proposed new approach.

November 13, 2014

Staff would forgo a higher salary to feel more valued by their employers

by Sara Bean • Flexible working, News, Workplace

Employees would give up a higher salary if it meant they could work for an employer that regularly thanks its employees for their efforts. Nearly three quarters workers stated that employee benefits were more attractive than a pay rise, with 71 per cent preferring to work for an employer that offered an effective benefits and rewards package, than take a job with a higher salary. The research conducted by One4all rewards, found that improved benefits can increase an employee’s loyalty to the company, with 68 per cent of those surveyed stating that being regularly thanked for their efforts would be rewarded with loyalty to their employer, and 34 per cent claiming they would be very unlikely to leave a position if they were shown regular appreciation and praise. In addition, a work place that failed to offer or show appreciation for staff members would fail to attract new employees – as 17 per cent stated they would turn down a job offer if no employee benefits were in place.

November 12, 2014

2015 looks set to deliver lowest volumes of London office space in 20 years

by Sara Bean • Facilities management, News, Property

The total amount of office space under construction in central London is down to 7.7 million sq ft, with next year looking to deliver the lowest volumes of space in twenty years. However, according to the London Office Crane Survey, published by Deloitte Real Estate, 22 new schemes (2.1 million sq ft) have started construction in the last six months, almost double the volume of new space started compared to the previous six months. Steve Johns, head of City leasing at Deloitte Real Estate, said: “The sharpest rise in construction starts is in the City of London, where ten new office buildings are now underway. This includes over a million sq ft in the City core and over 500,000 sq ft in ‘tech city’, accounting for three quarters of the volume of space across all the new schemes we’ve recorded. The West End has also seen 10 new starts, adding 462,000 sq ft to the development pipeline, while Southbank, Midtown and Docklands have seen no new construction this survey.”

November 12, 2014

Interruptions and a lack of engagement cost UK firms £15 bn each year

by Mark Eltringham • News, Wellbeing, Workplace design

UK businesses are suffering massive losses in company performance due to ‘disengaged’ employees who complain of working conditions that result in constant distraction and disruption and a lack of privacy, according to a new report published by office furniture maker Steelcase. Research by the Centre for Mental Health claims that presenteeism (at work physically but unproductive mentally) costs UK businesses £15bn per year and that includes the cost of disengaged employees. A new IPSOS survey commissioned by Steelcase, claims to highlights this and related issues. The survey of 10,500 employees working in open plan offices across 14 different countries and found that only 11 percent of workers are engaged and inspired at work, 63 percent lack engagement and are unmotivated and 37 percent describe their workplace as ‘stressful’. More →

November 11, 2014

More than three-quarters of workers are reluctant to switch employer, finds CIPD

by Sara Bean • News, Workplace

There is little appetite among workers to switch employer, despite the growth in employment prospects in the UK. This is according to the CIPD quarterly Labour Market Outlook report which suggests that employment will again grow strongly in the final quarter of 2014 but wage growth is likely to remain subdued. The latest report shows that near-term employment expectations have risen to a seven year high, which can be partially attributed to fewer employers looking to make redundancies, as well as an expected continuation of the trend for many employers to be hiring new staff. The proportion of employers reporting hard-to-fill vacancies is broadly unchanged (44%) and two fifths of these are reported as ‘skill shortage’ vacancies. With over three-quarters (77%) of employees saying that they aren’t currently looking to change employers, there is a resultant reduction in churn amongst the existing workforce. This, combined with a growing number of EU immigrants and older people seeking work and an ongoing skills shortage, goes some way to explaining weak pay growth. More →

November 11, 2014

City of London’s iconic building the Gherkin, sold to Brazilian billionaire

by Sara Bean • Architecture, News, Property

The Gherkin, otherwise known as 30 St Mary Axe, has been sold to The Safra Group, controlled by Brazilian billionaire Joseph Safra. Although the financial terms of the deal agreed with Deloitte, the receiver for the London property were not disclosed, it is reportedly to be around £700m. Designed by Norman Foster, the 180-metre office tower encompasses approximately 50,000 square meters of office space and is the second-tallest building in the City of London. It was completed in 2004 for Swiss Re, which still occupies half the space, along with law firm Kirkland & Ellis. Safra Group said that the acquisition: “Is consistent with our real estate strategy of investing in properties that are truly special – at the best locations within great cities. While only ten years old, this building is already a London icon that is distinguished from others in the market, with excellent value growth potential. We intend to make the building even better and more desirable through active ownership that will lead to a range of enhancements that will benefit tenants.”

November 10, 2014

Stockholm is Europe’s top tech start up location, claims interactive report

by Mark Eltringham • Cities, News, Property, Technology

A new study by videoconferencing firm Atomico shows that the European centre for billion dollar technology start ups in Europe is Stockholm, followed by London and Berlin. The interactive visualisation from the survey shows that Stockholm is second only to Silicon Valley as a successful founding location for successful Internet businesses with a current market valuation of over $1 billion founded since 2003. Silicon Valley remains in a completely different league to locations on the rest of the planet with 53 startups, followed by Beijing with 17, New York with seven and Stockholm with five. London, meanwhile, has only three tech start up businesses in the £1 billion category despite its reputation as a hotbed of tech entrepreneurialism, the same number as Berlin. According to the report, Stockholm’s ability to foster successful tech startups is even more impressive based on its population of around one million, which makes it the second most prolific per capita location worldwide,with 6.3 billion-dollar companies per million people compared to Silicon Valley with 6.9.