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Despite low productivity, UK firms still don’t look for ways to improve on past performance
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Despite low productivity, UK firms still don’t look for ways to improve on past performance

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low productivity

Despite the UK’s persistent low productivity, less than a fifth of business owners are actively looking back at projects to identify areas for improvement. A large proportion of business owners (65 per cent) and senior managers (82 per cent) have increased their use of project-based methods on everyday tasks, such as introducing measures to identify and manage risk. Despite this, many are still failing to assign enough dedicated project managers to the work. New research from the Association for Project Management (APM)  claims that only 35 per cent of senior managers who participated in the survey regularly assign dedicated project managers to tasks, and only a quarter for business owners. (more…)

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Competition for talent is fierce, but employers edge away from pay to attract people
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Competition for talent is fierce, but employers edge away from pay to attract people

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competition for talentNew CIPD research claims that almost half (45 percent) of UK employers report having vacancies that are hard-to-fill, and almost two thirds (65 percent) anticipate problems filling vacancies in the next six months. The most common response made in the past six months by employers with hard-to-fill vacancies has been to increase pay (44 percent). However, only a quarter (27 percent) of organisations plan to raise wages in response to the competition for talent in the future. This suggests that organisations may be approaching their limit on this ‘quick win’ strategy and are exploring alternative options, such as upskilling people and flexible working, to attract and retain people. (more…)

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London office market activity hits post-pandemic high … for smaller, better, greener offices
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London office market activity hits post-pandemic high … for smaller, better, greener offices

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london officeA study of the London office market from Gerald Eve suggests that there is now the highest number of lettings since before the pandemic with activity focused on smaller requirements and environmentally friendly buildings. Lettings between 10,000 and 20,000 sq ft made up a significant portion of demand with 713,000 sq ft (or 23 percent) of all activity, which totalled 3.1m sq ft in Q1. Tenants are now voting with their feet for best-in-class space, with sustainability at the forefront of decision making. Post-covid requirements continue to shape the criteria for office space as subjective business-linked or staff retention demands rank higher than overall cost in the search for office space. (more…)

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Flexible working now arriving at aisle three
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Flexible working now arriving at aisle three

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flexible working tescoRemote workers might soon be able to do their jobs and shop for groceries at the same time, under a new “Spaces” project between Tesco and flexible office operator IWG. A trial at a branch of Tesco in New Malden that will start later in this month and will accommodate 12 private desks, 30 co-working spaces and a meeting room. The 3,800 sq ft space within the store would normally have been used for electrical goods, music, and other forms of entertainment, most of which are now mainly purchased online. The aim is to make better use of floor space and, if successful, Tesco stores across the country could become flexible working hubs. (more…)

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Flexible working is the new hybrid working, apparently
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Flexible working is the new hybrid working, apparently

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flexible workingFlexible working is the new hybrid working as a third of European workers would decline a job if flexible hours were not offered. That is the key claim of a new report from Owl Labs, a collaborative technology company. The annual State of Hybrid Work study polled 10,000 full-time employees across UK, Germany, France, Netherlands and Scandinavia – which suggests that flexibility is key to retaining top talent in 2022 and beyond. Over a third (37 percent) of European employees are prepared to decline a job if flexible hours are not offered and just over two thirds (69 percent) would accept a pay cut to have flexible hours. (more…)

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Small business owners continue to struggle with mental health
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Small business owners continue to struggle with mental health

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mental healthTwo out of five (40 percent) small business owners believe that their emotional recovery from the pandemic will take much longer than that of the financial disruption. And, according to a new study by Xero those investing in wellbeing initiatives were more likely to hold on to staff and grow revenues. Nine out of 10 (92 percent) small business owners experienced symptoms of poor mental health over the last two years, according to the study with the Centre for Economics and Business Research (Cebr) and Opinium. Professional responsibilities played a significant part, with more than half (52 percent) said that running their business has contributed to those symptoms. (more…)

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Nature based solutions have the potential to transform cities and buildings
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Nature based solutions have the potential to transform cities and buildings

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nature based solutionsThe UK Green Building Council (UKGBC) has launched a new framework to help organisations and planners to recognise the significant value and benefit of nature-based solutions across urban developments. The report claims to reveal the scale of positive outcomes which Nature-Based Solutions (NBS) can deliver, as well as the wide range of stakeholders who can benefit from their implementation across cities and urban areas. (more…)

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Job dissatisfaction is rife among senior executives – and hybrid working doesn’t help
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Job dissatisfaction is rife among senior executives – and hybrid working doesn’t help

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job dissatisfactionWidespread job dissatisfaction means a large proportion of senior executives from top US companies plan to leave their organisations in the next two years, according to a new report from KellyOCG. According to the 2022 KellyOCG Global Workforce Report – Re:work – there’s a significant disconnect between employees’ expectations and the support employers provide. Through a survey of C-suite leaders, board members, department heads, directors, and managers in 12 countries, including the United States and Canada, the report claims that 78 percent of US executives and 52 percent of Canadian executives, compared to 72 percent of leaders globally, aim to leave their jobs by 2024. (more…)

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Half of workers worried about the financial cost of the return to the office
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Half of workers worried about the financial cost of the return to the office

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commuters return to the officeSlack has released the results of a new poll which the firm claims reveals the current state of mental wellbeing among UK workers. Commissioned in partnership with NHS GP and TV Doctor, Dr Sara Kayat, and to mark Mental Health Awareness Week, the survey sets out to examines the impact of the office on wellbeing, the effects of the return to the office after the pandemic and indicates how businesses can build healthier workplaces. (more…)

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Imposter syndrome afflicts most people, but very few talk about it
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Imposter syndrome afflicts most people, but very few talk about it

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imposter syndromeThree in five workers experience imposter syndrome with women and younger people disproportionately more likely to have feelings of self doubt, according to a new report from jobsite Indeed.  The findings from Indeed’s Working on Wellbeing report are based on a YouGov survey of 2,500 UK workers around mental health and highlight how workers still are not getting the support needed from their employer.  (more…)

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BCO honours the best workplaces in South of England and South Wales
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BCO honours the best workplaces in South of England and South Wales

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BCO South West AwardsSix South of England and South Wales workplaces have been recognised at the annual British Council for Offices’ (BCO) Regional Awards. The South of England and South Wales Awards Dinner returned in-person at We the Curious at Bristol Harbourside, recognising the highest quality developments in the South of England and South Wales and setting the standard for excellence in the office sector across the UK. (more…)

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Retrofit is essential for the UK’s stock of poor performing commercial property
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Retrofit is essential for the UK’s stock of poor performing commercial property

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commercial property retrofitThe UK Green Building Council (UKGBC) has published a guide that calls on businesses to retrofit the country’s poorly performing stock of commercial buildings. From 2025, every commercial building in the UK will require an energy performance certificate (EPC) which rates its energy efficiency from grade A to G. The Government is seeking to strengthen these standards and has proposed that all commercial properties being let have a minimum EPC rating of at least ‘B’ by 2030 and is considering a possible interim requirement of level ‘C’ by 2027. Buildings which fail to meet these new standards would require owners and landlords of commercial buildings to upgrade their stock. (more…)

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