January 25, 2023

Cost of living driving employees to seek new jobs or more help from employers

by Neil Franklin • News, Wellbeing, Workplace

A large majority (84 percent) of employees are experiencing stress and anxiety due to the cost-of-living crisis, yet two-thirds of employers aren’t offering any financial or emotional support. This is the key claim in a new report from Workhuman which suggests that employees across the UK are struggling with the ongoing cost-of-living crisis, with 62.5 percent considering leaving their current job if their employer doesn’t recognise their financial struggles or does nothing to support them. The survey of 1,000 full-time employees across the UK also claims that 77 percent of employees said their employer could be doing more to support them financially and emotionally through the current crisis. (more…)

January 25, 2023

Half of tech workers bracing themselves for layoffs, but fears may be unfounded

by Jayne Smith • News, Workplace

Tech workers are pre-empting layoffs in 2023 and taking steps to protect their careers, according to a new poll from CWJobs. The survey – carried out among 2,000 UK tech workers – revealed more than half (53 percent) are pre-emptively applying for new jobs in case of redundancies at their firm. The research suggests that London tech workers feel at most risk, with nearly two thirds (63 percent) pre-emptively applying for a new job in case of layoffs – the highest out of any region. Young people are also more likely to make sure they have a Plan B in place, with 62 percent of 18-24-year-old tech workers actively applying for new jobs in case they are laid off, compared to 24 percent of those aged 55+. (more…)

January 24, 2023

Offices valued as a place to get work done, not just connect

by Jayne Smith • Flexible working, News, Workplace design

The latest Workplace Survey from the Gensler Research Institute sets out to explore how employees are spending their time as they return to the office, how offices can more successfully support them, and the strategic design interventions that will have the biggest impact on the workplace experience. As companies consider the future of their workplaces, the new data suggests that U.S. employees are looking for offices that are both highly effective and offer a desirable mix of experiences. The highest-performing workplaces are those that support all modes of work, offer a wide range of experiences, and are located in amenity-rich buildings and/or neighbourhoods. (more…)

January 24, 2023

Hybrid working remains a key recruitment tool

by Neil Franklin • Flexible working, News, Wellbeing

Over four in five (83 percent) HR professionals across the UK say that hybrid working is essential in attracting the best talent, according to a new survey from flexible workspace operator IWG. The poll of 500 UK HR professionals suggests that benefits like hybrid working, which give employees a better work/life balance, are crucial for attracting talent. Almost two thirds (64 percent) of HR professionals have experienced applicants turn down a job because of a lack of wellness benefits such as flexible working and exercise options. (more…)

January 23, 2023

Half of people never thought they’d be back working in an office last year

by Neil Franklin • Flexible working, News, Property

More than half of UK employees did not believe they would return to office based work full time in 2022, according to a survey by GlobalData. The poll from the analytics company which focuses its research on the insurance sector suggests that increasing consumer demand for flexible working models presents both challenges and opportunities. GlobalData’s survey, conducted as part of research for its Insurance Intelligence Center, indicates that only 40 percent of those surveyed anticipated a return to the office in 2022. (more…)

January 20, 2023

Vast majority of IT managers prioritise commercial success over sustainability

by Jayne Smith • Environment, News, Technology

A new poll claims that the vast majority of tech managers prioritise commercial success over sustainability, despite the fact that nearly all agree with the idea that sustainability is good for business. The report from Software AG is based on a survey of 2,000 senior IT decision-makers from the US, Canada, UK, Germany and France. It suggests that most organisations prioritise commercial objectives over sustainability in the face of economic challenges. This is despite the fact that almost all (95 percent) leaders agree sustainability is either a top or high priority and a similar number (97 percent) agree that other firms’ sustainability credentials are either essential or important in their own buying decisions. The annual Reality Check reports seeks to investigate how technology initiatives can benefit both sustainability and commercial objectives. (more…)

January 19, 2023

Third of firms believe hybrid working improves productivity, but at a cost

by Neil Franklin • Flexible working, News, Wellbeing

A poll from the latest Bupa Global Executive Wellbeing Index suggests that over a third (35 percent) of UK business leaders feel implementing hybrid working has brought greater productivity to their organisations. Over a quarter (29 percent) of UK executives said they had now embraced the benefits of hybrid working despite being previously dubious about the practice, with more than two-fifths (44 percent) saying they personally enjoy the flexibility of a hybrid workplace. Overall, over a third of UK business leaders (35 percent) agreed that working from home increases productivity. (more…)

January 17, 2023

TOG opens what it claims is Central London’s tallest mass timber office building

by Freddie Steele • Environment, News, Property

Flexible office provider TOG has announced the opening of its first project built from the ground up – The Black & White Building, located in Shoreditch. The firm claims that The Black & White Building is Central London’s tallest mass timber office, standing at 17.8 metres high and covering 38,315 sq ft. The workspace has been built using renewable materials and innovative construction methods, which TOG claims results in embodied carbon creation being reduced by 37 percent compared with a concrete structure of the same size. (more…)

January 12, 2023

Wellbeing and organisational agility will dominate workplace conversations in 2023

by Jayne Smith • Flexible working, News, Wellbeing

Mental health and wellbeing will dominate conversations about the role of work in people’s lives this year, due in part to the effects of the global pandemic, as well as social and economic instability around the world, according to the latest megatrends report from UKG. The report claims that many people are feeling overwhelmed in the face of negative news cycles headlining economic uncertainty, climate change, violence, and political unrest have contributed to a spike in mental wellbeing issues. (more…)

January 12, 2023

Rising costs will oblige more companies to offer flexible working

by Neil Franklin • Flexible working, News

Two thirds of UK businesses believe offering flexible working to their employees is crucial if they are to successfully retain and attract talent, according to a new report. Businesses don’t believe they cannot compete on salary alone and are instead offering flexibility to stay competitive. Over half (52 percent) of businesses have increased salaries to attract talented workers, but say wages rises can’t continue at the rate they have been going. The second Future World of Work report from Sonovate is based on quantitative research from 4,000 people and 500 small and medium-sized business owners, as well as qualitative interviews with commentators from the future of work, employment and fintech sectors. (more…)

January 11, 2023

Glassdoor announces winners of best place to work awards

by Jayne Smith • News, Workplace

Glassdoor has announced the winners of its annual Employees’ Choice Awards, honouring the Best Places to Work 2023 across the UK and four other countries. The Glassdoor Employees’ Choice Awards are based on the input of employees who voluntarily provide anonymous feedback by completing a company review about their job, work environment and employer over the past year. (more…)

January 10, 2023

Commercial property values and returns fell significantly in 2022

by Jayne Smith • News, Property

UK commercial property capital values decreased significantly in 2022, and annual total returns were also down, according to the latest CBRE Monthly Index. Capital values decreased 3.0 percent across all UK commercial property in December 2022. Rental value growth for the month was 0.2 percent and total returns were -2.6 percent. For 2022 as a whole, capital values fell 13.3 percent, and annual total returns were -9.1 percent, according to the report. (more…)