Not just about the money. Higher wages do not improve employee retention

Money not the motivator, as higher wages does not improve employee retention

Employers that take a broader view of the employee experience beyond pay are more likely to retain talented employees. new research suggests. In a study of European economies by Towers Watson, countries with higher GDP growth tend also to have higher levels of employee attrition, The General Industry Compensation Survey Report findings also show little evidence to suggest that countries with high real-wage growth (i.e. salary increases minus inflation) are able to use that to secure higher levels of employee retention. The research proves that with the emergence of a strengthening employment market means employers will have to work harder to ensure that non-pay related benefits such as an attractive working environment and plenty of opportunities for career advancement are available to attract and retain talent. More →

Don’t assume your colleagues are making you ill; it might be the office layout

Coughs and sneezes spread diseasesIt’s probably tempting to assume that any sniffles and bugs you’ve acquired at work are the direct result of the wheezing, sneezing, coughing and general poor hygiene of your co-workers. You could be right. But a new study suggests that the building and its interior design may well be having more of an influence than you think. The research published in the journal Ergonomics and available to read in full online here, explored the correlation between seven different models of office design and absenteeism in 2,000 subjects. The results published by researchers from Stockholm University in a report called ‘Office Design’s Impact on Sick Leave Rates’ found there was a clear link between how much time people spent off work and the layout of the offices in which they work.

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City of London grants planning permission for ‘Gotham City’

Leadenhall1-MakePlanning permission has been granted from the City of London for a £12.7 billion scheme at 40 Leadenhall Street. The building – dubbed ‘Gotham City’ – is located beside the Gherkin at the heart of the City’s eastern cluster of tall buildings and will vary in height between 7 and 34 office storeys. It will feature two additional basement levels, a roof level plant (total height 170m AOD), a flexible retail/café and restaurant uses at ground floor level and café/restaurant with roof terrace overlooking Fenchurch Street.  The total size of the building is 910,000 sq ft, split between 890,000 sq ft office and c. 20,000 sq ft retail. As part of the design by Make architects; a grade II listed building at 19-21 Billiter Street, built in 1865, will be restored and integrated into the proposed scheme. More →

Musculoskeletal disorders rate highlights scale of ergonomic challenge

Back to basics may be needed to address modern ergonomic changes

More working days were lost last year to back, neck and muscle pain than any other cause. The latest figures from the Office of National Statistics (ONS) show that although there has been an overall downward trend in sickness absence in the UK over the last two decades; with 131 million days lost in 2013, down from 178 million days in 1993, at 30.6 million days lost, the greatest number of staff sick days in 2013 were due to musculoskeletal problems. Regulations and guidance relating to ergonomics in the workplace (the Health and Safety (Display Screen Equipment) Regulations 1992), were published over 20 years ago; and despite being amended in 2002, that’s still aeons in technology terms. The typical modern worker now routinely uses tablets, mobiles and other digital devices; whether at work, on the move or at home.

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CIPD calls for a budget to address decline in UK productivity

UK productivity requires budget boostThe CIPD has urged the Chancellor to focus on delivering a “Budget for Productivity” when he delivers his 2014 Budget on 19 March. The employment body has today put forward a package of proposals which call for labour market inclusion and the development of more productive, inclusive, and engaging workplaces. It is calling for a fundamental review of UK skills policy, together with a new focus on the workplace, the nature of jobs for the future, and how skills are being utilised. This, the CIPD argues, is critical if the necessary leap in productivity is to be delivered to boost real wages. A recent CIPD report  found that already weak UK productivity has worsened as a result of a slow-down in job turnover during the recession and an extraordinary run of hiring that has preceded the recent return to growth. More →

London conference debates international office measurement standard

Measuring officesThe implementation of an international property measurement standard for offices (IPMS for Offices) moved forward last week when a group of leading professional bodies from across the world met at RICS’ HQ in London. The two-day meeting (20-21 Feb 2014) brought together representatives from many of the 31 member organisations of the International Property Measurement Standard Coalition (IPMSC), who discussed plans for the launch and implementation of IPMS across international real estate markets. A rise in cross-border property investment and expansion by global corporate occupiers has exposed the difficulties that can arise when dealing with differing national and local measurement practices. The first of its kind, IPMS seeks to standardise the way office space is measured around the world. More →

Businesses remain sceptical when it comes to public sector procurement

WhitehallThe jaded view that most UK businesses have of public sector procurement practices and winning Government work is evident in two new surveys, from the Confederation of British Industry (CBI) and the Royal Academy of Engineering (RAE). The CBI survey of 100 of its members found that 60 per cent have not seen an improvement in commercial skills applied in public procurement and one in five think they have actually deteriorated over the last year. Two thirds (67 percent) claimed that performance in standardising procurement processes is poor and a similar number said lowest cost was still driving most contracting decisions. The RAE meanwhile is calling for Government to integrate procurement processes into projects at an earlier stage and make it easier for smaller firms to win parts of major contracts.

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European cities vie to wear Tech Hub crown

© Walt Disney Productions

© Walt Disney Productions

You may not realise it, but apparently there is a close fought race being run between European cities for the title of European Tech Hub. According to a new report from Colliers International the front runners are London, Berlin, Dublin, Paris, Amsterdam, Munich and, in a Eurovision-like extension of Europe’s borders, Tel Aviv. London is currently in pole position but Berlin and Dublin are hot on its heels as they vie for the title of Europe’s ‘Silicon Valley’, according to latest research from Colliers International, global real estate advisors. According to the report, London needs to stay on its toes if it is to fend off the upstarts from Germany and Ireland.  Berlin, in particular, is expected to add some 100,000 jobs to its tech sector within the next seven years.

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Could personality profiling help create a more productive office environment?

Could personality profiling you create the ideal office environment

 

Creating the most productive working space to help get the best from your people is an ongoing battle. What suits some doesn’t suit others. So if there was some way of assessing up front how people like to work and the environment that would make them their most productive, engaged and committed – before you rearrange the furniture, fittings and layout – would you leap at the chance of finding out? One approach could be personality profiling. If you could climb inside the minds of your current and future employees and assess how they best like to work, their personality and how this then drives them to be more productive in certain working environments than others – who wouldn’t want to have a delve around? Or are we in danger of pandering to personality stereotypes? More →

Employment is on the rise but pay not matching the rate of inflation

employmentThe latest labour market statistics shows employment has continued to rise, but at a slower rate than seen last month. However, at 67.2 per cent, record-breaking numbers of women are now in work, the highest since records began. The figures published today by the Office for National Statistics (ONS) show the employment rate in the three months to December 2013 rose to 72.1 per cent, lower than the previous three months and with just a small rise in total pay of 1.1 per cent. This slower pace of growth in employment and pay is reflected in the latest CIPD/ SuccessFactors quarterly Labour Market Outlook survey, which reveals that, although recruitment intentions remain positive, the rate of increase has slowed significantly and the vast majority of organisations expect to give pay awards below the current rate of inflation. More →

London’s West End retains position as world’s most expensive office location

West End

World’s most expensive location

For the second year running, the most expensive office space in the world is to be found in London’s West End, according to the latest edition of Cushman & Wakefield’s annual Office Space Across the World report. Rents rose by 5 percent in the area, driven largely by an ongoing mismatch between demand for high grade space and its supply, as we have previously reported. Worldwide, office rents rose by 3 percent in 2013, with certain high growth regions such as Africa and the Middle East experiencing an increase in rents of as much as 10 percent in specific locations. Hong Kong was the second most expensive location according to the survey while the central business district of Moscow rose to third place, up from sixth in the previous survey.

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UK workers exhibit split personalities when it comes to energy management

Dr_Jekyll_and_Mr_HydeA new survey has highlighted the disparity between how energy (and hence money) conscious British people are in their domestic and working lives. According to research carried out by Rexel UK we exhibit a ‘split personality’ when it comes to the ways in which we use energy. Just under half (48 percent) of those surveyed describe themselves as energy conscious at home, whereas only a fifth (20 percent) would say the same about themselves in the workplace. Over a third (70 percent) say that they are concerned about wasting energy at home, whilst only two-fifths (43 percent) worry about wasting energy at work. In addition people are actively choosing to charge electronic devices at work in preference to home and, while nearly all turn the lights off at home (93 percent), only 60 percent do so in the office.

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