Digital skills shortage costs the UK economy £12.8 billion

Digital skills shortage costs the UK economy £12.8 billion

by • News, Workplace

digital skillsWith more than 5 million Brits unable to carry out simple online tasks like sending emails or using the internet, new research reveals UK workers are missing out on additional earnings of £5.69 billion due to a lack of digital skills according to Virgin Media O2 and economic modelling from Cebr. As the UK faces ongoing economic instability and with an uncertain jobs market, the research claims that a lack of adequate digital skills could exacerbate problems being faced by cash-strapped Brits struggling to make ends meet. More than a third of Brits (34 percent) feel a lack of digital skills training has held back their earning potential already, and almost a third say they need digital skills so they can shop around for deals and save money – amid rising anxiety over the cost of living.   (more…)

Working habits are changing in response to cost of living increases

Working habits are changing in response to cost of living increases

by • Flexible working, News, Workplace

commuters in London to illustrate changing working habitsThe so-called cost of living crisis is having a fundamental impact on people’s working habits, according to Beamery’s latest Talent Index – Sixth Edition. Almost a third (29 percent) of workers polled for the report are now avoiding the office because of the increasing cost of travel whilst another third cited (31 percent) they were considering leaving their jobs completely due to lack of salary increases. (more…)

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

by • Flexible working, News, Workplace

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

by • News, Property, Workplace design

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

by • News, Property

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

by • Environment, News, Property

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

by • Flexible working, News, Wellbeing, Workplace

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

by • Flexible working, News, Workplace, Workplace design

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 

by • Flexible working, News

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

by • Flexible working, News

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

by • News, Works Magazine

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

by • News, Workplace

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…)

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