Central London office market take-up returns to pre-Covid levels

Central London office market take-up returns to pre-Covid levels

central london office marketThe Central London Office leasing market has seen occupiers expanding their footprint at record levels, according to the research from real estate advisor, CBRE. Following what CBRE claims was an unprecedented downturn in activity as a result of the pandemic, Central London office take-up reached 12.7m sq ft for the 12-months to the end of Q2 2022, an increase of 153 percent when compared to the same period last year and 5 percent above the ten-year average. More →

Working families are only three weeks from breadline, claims report

Working families are only three weeks from breadline, claims report

working familiesThe latest Deadline to Breadline report from Legal & General claims that the financial resilience of working families in the UK has shrunk by a fifth since 2020, down from from 24 days to 19 days. According to the report, people overestimate by nearly six weeks how long they could fund basic living costs such as housing costs, loans/ credit card repayments, utility bills and food if they lost their income.  Households have average savings of £2,431 and debts of £610. Accounting for average daily expenses of £93, this would see the average household run out of money in less than three weeks if they were to lose their income. More →

New Material Matters event offers a transformative insight into sustainable design trends

New Material Matters event offers a transformative insight into sustainable design trends

Material Matters RagnarsMaterial Matters 2022 is a new fixture on the London design calendar. Based on the critically acclaimed podcast of the same name, the event will see its inaugural edition take place during this year’s London Design Festival, from 22-25 September on the capital’s Southbank. The event, which is part of the Bankside Design District, promises to bring together over 40 world-leading brands, designers, makers and organisations to celebrate the importance of materials and their ability to shape our lives. More →

Issue 2 of Works magazine continues to shake things up

Issue 2 of Works magazine continues to shake things up

works magazineWe’ve received plenty of messages over the past few weeks, asking when we’re going to see the first full publication of Works – the new workplace design magazine (and sister title to IN) following the successful launch of its pilot issue. Well, we’re delighted to announce that the printer’s big red button has been pushed and said issue is on its way. And the digital edition is available to read free now. More →

Company culture improved thanks to pandemic, think half of workers. Half don’t.

Company culture improved thanks to pandemic, think half of workers. Half don’t.

company cultureA new survey from Qualtrics claims that workers have mixed views on the impact of the pandemic on company culture. Half of European employees felt the pandemic had a positive impact on company culture – according to employees in France (50 percent), Germany (48 percent) and the UK (62 percent). Those who experienced positive changes to company culture in the last two years, cited this as being a result of an increase in open and honest communication from the business and feeling heard by the organisation. In fact, over half of workers across all markets say receiving increased communication from the company has been important (FR: 55 percent, DE: 56 percent, UK: 59 percent). More →

Friendly colleagues make an organisation a good place to work, poll claims

Friendly colleagues make an organisation a good place to work, poll claims

A new poll by HR and payroll software provider Ciphr suggests that most people (85 percent) can name at least three positive aspects that make the company that employs them a good place to work. ‘Good people / friendly employees’ was the top pick for two-fifths (40 percent) of the 1,006 British workers polled, with a further third citing good pay and job security (35 percent and 34 percent respectively). Having a supportive manager is the fourth most important consideration for around a quarter of respondents, followed by a good employee benefits package (27 percent and 24 percent respectively). More →

People feel too busy to move around enough during the working day

People feel too busy to move around enough during the working day

A large proportion of workers (86 percent) feel they have too much work to be able to move during the working day, with chronic stress and anxiety becoming increasingly prevalent, according to a new report [registration] by Magic Mountain, supported by CIMSPA (The Chartered Institute for the Management of Sport and Physical Activity).  Despite growing health issues linked with consistently spending too much time seated, the report claims that over half of workers remain sedentary for eight hours or more during the working day alone. More →

Workplace decision making is subject to a number of conflicting forces

Workplace decision making is subject to a number of conflicting forces

workplace decisionA new survey from 15Five claims that the workplace is in a state of upheaval, with one-third of workers planning to quit their jobs despite the potential economic downturn. Conversely, nearly one in five organisations are planning on layoffs, and more than one-third of HR leaders have rescinded job offers. The poll of 1,000 US full time employees and 500 HR leaders [registration] also claims that work-life balance is a top concern for employees, behind only pay and health benefits. When HR leaders were asked what was most important to their employees, work-life balance claimed the number one spot (64.6 percent), followed by health benefits (62.8 percent) and growth opportunities (54.6 percent). More →

A safe and healthy working environment is now a human right

A safe and healthy working environment is now a human right

healthy working environmentA landmark decision was made recently in the long history of efforts to protect people from injury and illness at work. At a hybrid conference held by the International Labour Organization (ILO) in Geneva, for those attending in person, delegates voted in favour of a resolution to make the principle of a safe and healthy work environment a human right. That’s correct; we managed to reach the third decade of the 21st century without a safe workplace being a fundamental right of us all. More →

Hybrid working could be doomed by a failure to protect organisational culture

Hybrid working could be doomed by a failure to protect organisational culture

hybrid working return to officeA new report from Poly warns that hybrid working policies could be destined to fail if organisations do not protect company culture while facilitating “a return to office”. The report claims that getting employees back to the office is a challenge being fuelled by a reluctance to return, with employees citing concerns over work-life balance and productivity. This reluctance is exacerbated by rising bills and spiralling inflation, with the cost of living putting increased pressure on employee finances, causing them to potentially choose between traveling to work or spending that money elsewhere.  More →

Two thirds of businesses set to increase borderless working over next 12 months

Two thirds of businesses set to increase borderless working over next 12 months

borderless workingA new poll from Perkbox suggests that a growing number of businesses are going to look to borderless working to resolve hiring challenges. According to the survey, almost two-thirds of businesses (62 percent) plan to increase the number of remote staff they hire outside of their main country of operations over the next 12 months. This drive is fuelled by technological advances over the past two years facilitating greater hybrid and remote working. There are a range of motivations, but the survey of 500 UK business leaders identified the top three as building a more diverse workforce to access a wider talent pool (35 percent), encouraging innovation (32 percent), and building a global workforce (29 percent) to service a wider customer base. More →

Employees at large firms only in office for 1.5 days a week on average

Employees at large firms only in office for 1.5 days a week on average

A global study of nearly 80 offices in 13 countries with nearly 80,000 employees has revealed a seismic shift in working pattens, with people now coming into the office an average of just 1.4 days a week, versus nearly four days a week before the Covid-19 pandemic. The Advanced Workplace Associates (AWA) Hybrid Working Index study [registration], conducted during June and July this year, found that on an average day two thirds of desks are unused and just over a quarter of people are coming into the offices, with the attendance figure dropping to just 12 percent on Fridays. More →