Search Results for: economy

Recruitment rates rise, but employers should be careful who they hire

Recruitment rates rise, but employers should be careful who they hire

There is mixed news on the recruitment front, with the latest Recruitment and Employment Confederation (REC) and KPMG report on jobs hinting a positive turn, with permanent placements accelerating, the rate of demand for permanent staff remaining solid and average starting salaries continuing to rise. However, according to a new global report, employers are urged to be cautious about who they hire, because more than half of employers in each of the ten largest world economies say that a bad hire has negatively impacted their business, pointing to a significant loss in revenue or productivity or challenges with employee morale and client relations.

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The biggest challenge is building flexibility into an office design

Flexible pencilThe design of offices and the furniture that fills them matters because of what they tell us about how we work, how organisations function and even what is happening in the economy. If you want to know what’s going on, take a look at the places we work and the things with which we surround ourselves and how they change over time. Because the way we work changes so quickly, buildings need to have flexibility built into them so that they meet our needs today but anticipate what we will need tomorrow.In his book How Buildings Learn, Stewart Brand outlines the process whereby buildings evolve over time to meet the changing needs of their occupants.

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BIM provides opportunities for the built environment finds report

BIM provides built environment with opportunities for growth

Building Information Modelling (BIM) will raise productivity, provide better buildings, faster and cheaper and represents opportunities for the built environment to become a powerful international player. This is according to a major new report, Growth through BIM produced by Richard Saxon, the UK Government’s BIM Ambassador for Growth who concludes: “No wonder it has been mandated as government policy“. The Built Environment sector, for the purposes of his report, is defined as Property, Construction and Facilities Management, which accounts for about 15 per cent of GDP, and which he describes as: “an enabling sector, facilitating the performance of most other sectors”. More →

UK underemployment rates more accurate measure say economists

 Underemployment in the UK heightened by a fall real wages say economists

The current economic downturn differs from previous recessions in that unemployment rates haven’t been quite as devastating, with employers opting to freeze pay rates and offer flexible working and reduced hours in order to retain staff. But according to a white paper published today this has led to an important new phenomenon – underemployment. In the latest issue of the National Institute Economic Review, economists David Bell and David Blanchflower of the University of Stirling and Dartmouth College describe workers who are underemployed when they are willing to supply more hours of work than their employers are prepared to offer. More →

UK facilities management trade associations announce plans to merge

gordian_knotWe’ll react to this later but here is the press release announcing the proposed merger of all of the UK’s major facilities management and support services trade associations: “The British Institute of Facilities Management, Asset Skills, the Facilities Management Association and the Cleaning and Support Services Association have agreed to the concept of forming one single and united body to represent facilities management and support services. As the facilities management and support services profession and industry have matured and evolved, so too must the bodies representing and leading them. This proposed merger recognises the growing demand for a stronger, unified and collective voice that represents and promotes what is a fundamental component of our economy and day to day businesses.

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Shortlist for green business awards published on Earth Day

Earth day celebrations

Green charities, consultancies and a range of businesses that have helped to promote and facilitate environmental progress within the corporate community over the past year have been nominated for a BusinessGreen Leaders’ Award. The shortlist for the green business awards, which celebrate leading businesses and individuals’ contributions to the green economy is published today on Earth Day, when it’s expected that over one billion people in approximately 192 countries will be taking action to protect the environment. The day is being marked in Seattle by the formal opening of the “greenest commercial building in the world,” the Bullitt center by one of Earth’s day’s founders, the environmental activist Denis Hayes. More →

High wire act: balancing attitudes and expectations in the workplace

This week, with some fanfare and a modest splash on social media, CBRE, the Global real estate services provider launched The Workshop Idea. One of its stated aims is the revitalisation of our high streets and, with the introduction of local venues in a number of differing guises, an increase in the degree of choice and flexibility of places in which to work when not travelling into the office. A whitepaper is due out shortly and we will cover this specific initiative once that has been given the proper consideration and thoughtful analysis it deserves. However, it raises some initial thoughts on expectations, attitudes and behaviours that need to be overcome in the way we view our high streets and places of work and the degree to which those who provide services respond.

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UK employers gain confidence to start recruitment of new staff

UK employers hiring intentions rise

UK businesses are slowly gaining confidence in hiring new staff this year and the majority of employers (79 per cent) don’t plan any job losses. This is according to the Barclays Job Creation Survey 2013 which found that while the proportion of larger employers that plan to create jobs this year has fallen to 65 per cent from 72 per cent in 2012, mid-sized businesses hiring intentions are up to 71 per cent from 65 per cent. The majority of those employers who do intend to hire remain cautious however, with 73 per cent planning to have sales growth lead to job creation as opposed to job creation creating sales (2012: 77 per cent).

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Report highlights changing occupier demands in City of London property

City of London coat of arms by GuildhallA new report from DTZ has outlined the ways in which the City of London property market is changing in response to occupier demand. As has been revealed in previous recent surveys, one of the most significant factors is a shift in focus away from the City’s traditional financial services heartland towards the technology, media and telecoms (TMT) sector.  Other structural changes include greater demand for different types of facilities from law firms as the legal sector adjusts to developments in its own market. The broader base of tenants and the expected economic upturn will mean a gradual improvement in demand although the report concedes that even by 2017, the market will not have returned to its peak.

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What the CIFF 2013 show taught us about workplaces in China

CIFF 2013You can tell a lot about how we work by the things with which we choose to surround ourselves. That is why it always pays to keep an eye on the world’s major office products shows. So, while eyes are trained on Milan this week for the international furniture fair, John Sacks offers us a view from the world’s largest exhibition CIFF which took place late last month in Guangzhou. Ignore the show’s dreadful website, this was a vast and important exhibition which tells us much about in the world’s second largest economy. Over 900 companies exhibited at CIFF in a venue with over 210,000 sq. m. of floor space and more than 60,000 people were expected to visit. The report can be seen here.

Public sector property initiatives have proved successful but work still needed

Gorilla-in-a-hat1There was a time, not so long ago, when nobody worried too much about the shape of the rooms that led off the corridors of power. But the pressure on UK finances has politicised the design of the UK’s public buildings. The latest example of this was the recent  announcement  in Parliament of a report that, amongst other things, called for a new approach in the way facilities are designed to deliver better services in a more cost effective way. The report Restarting Britain 2: Design and Public Services was the result of an eight-month investigation led by the Design Commission along with politicians, designers and civil servants.

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Will an upturn spark a revival of interest in the idea of employer branding?

Employer brandingYou may recall that a few years ago there was a voguish interest in the idea of employer branding. This is the kind of thing that has always gone on but can always be defined and popularised,  in this case following the publication of a book on the subject in 2005. By 2008 Jackie Orme, the head of the Chartered Institute of Personnel and Development, was calling it ‘an integral part of business strategy’. Still, it appears to have dropped off the radar a bit over the last few years, a fact we might put down to the effect of the recession. Firms certainly seem to have their mind on other things. Research published last year by PriceWaterhouseCoopers showed that  in 2009, 54 per cent of businesses said they placed a special focus on retaining talent. By 2012 that had dropped to 36 per cent.

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