September 17, 2013

New research sheds light on why executives persist in stressful work habits

by Sara Bean • Flexible working, News, Workplace

There’s a fine line between enjoying the stimulation of a demanding job and feeling burnt out. Lloyds’ chief executive, Antonio Horta-Osorio made headline news in 2011 after being signed off sick with stress and exhaustion. As the recent suicides of two Swiss banking executives have shown, it’s often difficult for pressurised workaholics to admit the job has become too much. A recent US academic study provides some clues as to why senior executives persist in working to unhealthy levels; while research by serviced office provider Business Environment reveals how UK office workers are also prone to stressful work habits. One fifth (21%) take work home at least one to two times a week, and one in five employees (19.6%) have taken time off work due to stress. More →

September 17, 2013

Record number of managers in the UK, but who or what are they all managing?

by Mark Eltringham • News, Public Sector, Workplace

The number of managers in the UK has reached record levels according to a new report. But who or what they are all managing is slightly less clear as structural changes in the UK economy mean there are fewer people in full time and skilled work, especially in the public sector, as well as a growing number of the self-employed. An analysis of ONS statistics by the Jobs Economist reveals the number of people defined as managers in the UK is now 3.1 million, up 7.8% in just two years and now more than 10% of the entire workforce. By contrast the number of skilled trades people has fallen by 2.2%, the number of people working full time has fallen to 21.4 million, public sector employment has fallen by 437,000 in three years while the number of self-employed has grown by 367,000 since the 2008 downturn.

September 17, 2013

Businesses report a growing appetite for social media work tools

by Sara Bean • Flexible working, News, Technology

Social media, as politicians and celebrities are all too aware is a double edged sword. Just last week David Cameron read out a Twitter message during Prime Minister’s Questions sent to a Labour MP, who had asked people for suggestions about what to ask at PMQs. The first reply was “how happy are you that the Labour leader will still be in place at the next election?” And Cameron himself has not been exempt to the odd twitter gaffe. Social media is such a powerful tool however, that employers can’t afford to ignore it – so demand for enterprise social networks – business tools that use Facebook-style features to allow staff to interact with one another on work projects are on the increase. More →

September 16, 2013

World Green Building week launches with a breath of fresh air

by Sara Bean • Environment, Facilities management, News, Property

Making sustainability sexy is a tall order. Look up the topic “green building” and you’ll invariably come across in depth descriptions of energy saving schemes and achieving a BREEAM rating. All these considerations are of course very important, but they make it difficult to engage building occupants. With the theme “Greener buildings, better places, healthier people”, World Green Building Week, which begins today (16-20 September), should do just that, by concentrating on the tangible benefits to building occupants of a green office. Paul King, Chief Executive of UK-GBC, said: “We often hear about the environmental and financial benefits of green buildings, but less attention is paid to the impact on those who live and work in them.” More →

September 16, 2013

Value of offices and property rental income across the UK hit two year high

by Mark Eltringham • News, Property

The value of commercial real estate in the UK rose for the fourth consecutive month during August, led by increases in the average value of offices, according to a report from Investment Property Databank (IPD). The average value of offices, warehouses, retail and industrial rose by a 0.4 percent across the country. Office buildings rose by 0.6 percent during the month while total return, which combines changes in real estate values and rental income, was 0.9 percent, to reach the highest level since March 2011. The report claims the upturn is down to the wider economic upturn and persistent low interest rates which incentivise investors to acquire high income generating assets. The report also notes that investors are looking to acquire more property outside of London as the economic recovery spreads across the UK. More →

September 13, 2013

UK’s leading political parties criticised for a lack of environmental leadership

by Sara Bean • Environment, News

Britain’s leading political parties are failing to provide visible and consistent green leadership, threatening two decades of steady environmental policy progress in the UK, warns an influential group of charities today. In The Green Standard 2013, seven leading charities, including WWF, the Green Alliance, Greenpeace and Campaign for Better Transport, assess the green performance of coalition ministers and Labour shadow ministers since the last general election, reviewing the parties on four key areas: the economy, communities, nature and international leadership. The report concludes that none of the parties has a coherent environmental programme and there is no consistent public leadership on the environment from any of the party leaders. More →

September 13, 2013

UK staff showing higher levels of happiness – except those in finance sector

by Sara Bean • News, Workplace

Fresh evidence that those working within the financial sector must be in it for the money as, following the news earlier this week that they get the least amount of sleep, they’re also the most unhappy with their work. A third (32%) describe themselves as unhappy at work compared to the 78 per cent of those working in sales, media, and marketing who class themselves as happy. Overall, the number of British workers who are happy at work has jumped by a fifth (20%) compared to this time last year according to Office Angels’ ‘Happiness at Work’ study. More than half (56%) of workers stated they were happy at work during quarter two 2013, compared to just a third (36%) during quarter two 2012. More →

September 12, 2013

Growing commercial occupier demand set to price firms out of the City fringe

by Sara Bean • Facilities management, News, Property

A “west-to-east” migration, focussing predominantly on Clerkenwell and the western City core, is continuing amongst media and service sector businesses seeking more affordable London rents. But according to Cluttons’ latest West End Office Market report, many firms seeking the combination of value and idiosyncratic space are set to be priced out of the current City fringe. The area between the City and West End – branded Noho by estate agents – is attracting a new wave of private equity and extraction firms, willing to pay premium rents for new or pipeline space just north of Oxford Street. Meanwhile, prime office rents in Mayfair / St James’s have broken through the £100 per sq ft ceiling once again as a handful of tenants continue to favour location over quality. More →

September 11, 2013

Almost half of UK workers now work remotely for half the time, claims poll

by Mark Eltringham • Flexible working, Knowledge, News

A new poll of 4,000 UK workers by Regus claims that 42 percent of respondents now work remotely from their main place of work for at least half the week. The proportion is up from 39 percent last year with employers citing improved productivity, increased staff retention and autonomy as well as lower operating costs as their main drivers for encouraging its uptake. However the research also suggests that many firms are slow to address the associated management challenges with half of those polled saying that managers do not trust them to remain focused on work. Only a quarter of firms have a system that allows managers to monitor remote teams while a third of managers now use video calls.

September 11, 2013

Number of people in work rose 80,000 over last three months

by Sara Bean • Legal news, News, Workplace

The number of people in full-time work has increased by 80,000 over the last three months according to figures released today by the Office for National Statistics. Employment growth was accompanied by a 24,000 fall in unemployment between May and July meaning the rate of unemployment in the UK this quarter dropped to 7.7 per cent from 7.8 per cent in the previous three months. However the figures also showed the number of people in part-time work has risen to 1.45 million, the highest since records began in 1992 and double the number of five years ago, which may put more pressure on the government to address the continued controversy over zero hours working. To download the latest ONS labour market statistics click here.

September 11, 2013

Three quarters of companies allow BYOD, but most admit data security concerns

by Sara Bean • News, Technology, Workplace

In the same week that Apple launches the iPhone 5S, over half (56%) of CIOs have said they allow employees to use their own smartphones in the workplace, and over three quarters (76%) of staff are allowed to use their own mobile data devices. While the research from Robert Half Technology found the biggest BYOD challenge is security, cited by over half (53%) of respondents, the Verizon 2013 Data Breach Investigations Report into global data breaches provides some reassurance that 86 per cent of cyber-attacks do not knowingly involve insiders. However lax internal practices, like copying data onto a USB drive or leaving a device in a cab does lead to security breaches, accounting for 41 per cent of cases of misuse. More →