Flexible working may help to entice large numbers of older people back into work

Flexible working may help to entice large numbers of older people back into work

A middle aged man in a suit to portray flexible working for older workersThere are 712,000 additional people aged over 50 who are economically inactive compared with the same period three years ago (pre-covid pandemic), according to new analysis from Rest Less, a digital community and advocate group for people in their 50s, 60s and beyond. The organisation is now calling on firms to ensure their flexible working practices and in-house training schemes are suitable for all age groups and not just targeted at younger people. More →

Office fit out and rent rises will hit occupiers worldwide this year

Office fit out and rent rises will hit occupiers worldwide this year

commercial property and office fit outOccupiers around the world are facing a 10 percent increase in office fit out costs with rental rises also squeezing budgets for those in EMEA, according to a new report from Savills. The firm’s Prime Office Costs (SPOC) analysis for Q3 2022 suggests that fit-out costs in key office markets around the world have continued to climb with inflation, rising an average of 10%, with increased rents in many markets also contributing to higher total net effective costs for office occupiers. Overall, the markets which have seen the largest increases in net effective costs (including fit-out costs, rents and other costs) over the quarter are largely clustered in the EMEA region, including Dublin (+7%), London City (+5%), Dubai (+3%), and Berlin (+3%). More →

Office utilisation in US returning to pre-pandemic levels, but structural changes remain

Office utilisation in US returning to pre-pandemic levels, but structural changes remain

office utilisation returning to normal?A new report from JLL claims that utilisation rates of US offices are returning to something closer to those of the pre-pandemic world, although hybrid working remains a far more widespread working practice than before. In addition, the focus of the market is shifting away from major city centres towards smaller, regional towns and cities. The US Office Outlook Report [registration] also suggests that higher quality office space is essential as lower grade offices are more likely to remain abandoned. More →

Transparency and collaboration key to real estate decarbonisation

Transparency and collaboration key to real estate decarbonisation

An image of the Earth to represent decarbonisationThe Urban Land Institute (ULI) has warned of a ‘carbon bubble’ in the pricing of European real estate and urged the industry to work together to preserve values across the sector as it aims to meet the decarbonisation targets set in the Paris Agreement. To support a more collaborative approach, at the inaugural ULI C Change Summit, the institute has published its Transition Risk Assessment Consultation Guidelines as part of its C Change programme. These guidelines set out a standardised method for assessing the costs of decarbonising buildings and disclosing between owners, investors, potential buyers, and valuers the main transition risks and impact on values. More →

Four day week would mean longer days, according to majority of workers

Four day week would mean longer days, according to majority of workers

An image of four clocks to illustrate the four day weekThe majority of workers would expect a four-day week to consist of longer working hours with one in seven stating that up to 10 hours per day would be reasonable. According to a new poll from Talent.com among 1,325 respondents, workers believe that a shortened working week would enable them to achieve better wellbeing and mental health. More →

People going back to basics in terms of what they want from work

People going back to basics in terms of what they want from work

A new poll claims that growing economic uncertainty has forced employees to reprioritise what they want from their employers. People are increasingly interested in basics such as job security, a safe and comfortable workplace, salary and benefits, and a better workplace culture. The BCW Expectations at Work study [registration], which surveyed more than 13,000 people across five industries and 15 countries around the world, claims that one in two workers say they value the basics of job security (52 percent), workplace safety and comfort (50 percent), salary and benefits (49 percent) and workplace culture (48 percent) most out of 62 components across five dimensions of the employee experience.  More →

Leading UK employers call for flexible working recruitment by default 

Leading UK employers call for flexible working recruitment by default 

flexible workingA joint letter from 21 leading employers – including several in the FTSE 100 – is calling on employers across the UK to advertise all vacant roles with flexible options by default. The full text is: More →

Half of working parents would leave in search of flexible working

Half of working parents would leave in search of flexible working

A proud dad with a smiling child on his shoulders to illustrate why people want flexible workingA new YouGov poll commissioned by Working Families and SF Recruitment claims to underscore the impact and importance of employers prioritising flexible working as part of their recruitment strategy. Launched to mark the start of National Work Life Week (10-14 October), the poll of 992 UK parents of children aged 18 and under demonstrates that advertising all vacant roles with flexible options stated by default widens the talent pool for employers and unlocks opportunities for parents. More →

Design Guild Mark launches 2023 call for entries

Design Guild Mark launches 2023 call for entries

design guild markThe Design Guild Mark has launched the call for entries for the 2023 awards, inviting designers and companies to submit entries for three categories: Furniture; Lighting; Interior Design Elements. Entry is open to British designers working in the UK or abroad, as well as designers with UK-based practices. Submissions can be for an individual product or collection of products that are currently in production, that were designed for, and are manufactured by, an industrial design process. The designs can be intended for domestic, office, hospitality, educational or corporate use, and for both interior and exterior environments. More →

Third of firms expect the four-day week to become a reality ‘for most’ in the next ten years

Third of firms expect the four-day week to become a reality ‘for most’ in the next ten years

A man walking a dog to illustrate the four day week giving people more controlA third of respondent organisations (34 percent) to a CIPD poll think the four-day week will become a reality in the UK for most workers within the next ten years. However, only a small minority of firms have moved towards the four-day week to date by reducing hours without reducing pay for their employees, or plan to do this over the next three years. One in ten (10 percent) organisations report they have reduced working hours without reducing pay for the whole or a significant part of their workforce over the last five years, although of these, under half of employers (42 percent) did so as a result of the furlough scheme. More →

Wellbeing and business success are directly connected, study claims

Wellbeing and business success are directly connected, study claims

A smiling woman to depict wellbeingA new report from Gallup, sponsored by Workhuman, claims that a set of wellbeing measures can help mitigate a $322 billion cost of employee turnover and lost productivity worldwide. The report- Amplifying Wellbeing at Work and Beyond Through the Power of Recognition, claims to identify connections between employee wellbeing and overall company growth and success. The study of more than 12,000 employees across 12 countries claims that when employees are recognised at work, they are up to 10 times as likely to strongly agree that they ‘belong’ at the organisation. Employees who lack a strong sense of belonging are up to twelve times as likely to be disengaged and five times as likely to be looking for another job. More →

Gallery: British Council for Offices announces winners of national awards

Gallery: British Council for Offices announces winners of national awards

Sunderland City Hall was celebrated as ‘Best of the Best’ at the British Council for Offices’ (BCO) National Awards at the Grosvenor House hotel in London last night, also taking home the ‘Corporate Workplace’ award. The office was joined by six other award winners recognised as leading examples of excellence in office space across the UK. The BCO’s National Awards programme claims to recognises top quality office design and functionality and says it sets the standard for excellence across the office sector. More →