Search Results for: economy

UK employment rises but pay rates are squeezed

by • News, Workplace

pay squeeze

The UK employment rate is now higher than in the United States and is well above that in the Eurozone. However, pay levels remain low, with basic pay inflation now at just 1.3 per cent. According to the latest figures from the Office for National Statistics long-term unemployment fell by 15,000 this quarter to its lowest level for nearly a year. Nigel Meager, Director at the Institute for Employment Studies, commented: “The UK stands in contrast to developments in the Eurozone, where employment and unemployment figures are continuing to deteriorate.” More →

Flexible working bolstering employment growth in UK

by • News, Workplace

Jobs

Employment will continue to grow in the first quarter of 2013, despite stalled economic growth. According to the latest Chartered Institute of Personnel and Development (CIPD)/SuccessFactors Labour Market Outlook the proportion of employers that intend to increase total staffing levels remains positive for the first quarter of 2013. Gerwyn Davies, Labour Market Adviser at the CIPD, said: “While muted pay growth is playing a part, we also see continued evidence that employers are reluctant to lay-off skilled workers.” He added: “Some employers are clearly using flexible working and reduced hours to adapt to trading conditions.” More →

Cautious welcome for Prime Minister’s green speech

by • Environment, News

Green economy

Environmental experts have given Prime Minister David Cameron’s speech on Monday, when he reiterated his commitment to a green economy, a cautious welcome. The PM, who has come under some criticism for failing to follow up on his promise to make “this the greenest government ever” gave a short speech at the launch of the Energy Efficiency Mission at the Royal Society in London, where he underlined the Government’s commitment to energy efficiency and said that only the greenest and most energy efficient countries would win the global race. More →

Gulf construction and fit-out continues to boom, claims report

by • Architecture, Furniture, Knowledge, News, Property

Abu DhabiThe total value of building projects in Gulf Cooperation Council states will exceed $80 billion this year according to a new report from dmg::events* in conjunction with consultancy Ventures Middle East. The survey concludes that this year will see a near one fifth increase in the overall value of projects up from nearly $69 billion in 2012 to $81.6 billion in 2013. Meanwhile the interlinked market for interior contracting and fit-out in 2012 was valued by the report at $7.86bn – a 56 per centincrease on 2011. The UAE continues as the the region with the largest interiors spend ($2.83bn), followed by Saudi Arabia ($2.6bn) and Qatar ($1.49bn). More →

We shape the World’s cities, then they shape us

by • Architecture, Environment, Knowledge, Property

ChonggingThe story of the world’s cities is often told not in words but in numbers. This is especially the case with the megacities – those with a  population in excess of 10 million – which obtain enough critical mass not only to produce eye boggling statistics but also to distort the fabric of whole regions and change the way people live and behave. This is true for the established megacities of London, New York and Tokyo as well as the emerging global metropolises in Sao Paolo, Beijing, Mumbai, Shanghai, Cairo and Istanbul.

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Guide argues positive green message for sustainable gains

by • Architecture, Environment, Knowledge, News, Technology, Workplace, Workplace design

sustainia-world

Fear, despair and resignation do not motivate people to change their practices; they should instead be inspired by the positive messages of sustainable living. In Guide to Sustainia international sustainability initiative Sustainia argues innovation has made such impressive leaps over the last decade it’s now possible to break with the perception of a sustainable society as one of limitations. With cities and developers already assembling the nuts, bolts and designs of a more sustainable future, the guide presents a compilation of real initiatives and technologies from around the world, in a blueprint for a sustainable future. More →

Employers overlook flexible working alternative to redundancy

by • News, Workplace

Flexible

Only 22 per cent of UK managers believe their companies are very effective at redeploying employees rather than making redundancies. And according to new global research it’s a worldwide problem, with almost three in ten employers believing their organisations are “not effective”. Mark Hodgson, practice leader of Talent Management in Right Management UK & Ireland said: “The results suggest that businesses aren’t seeing redeployment as a feasible way of making savings and keeping staff. Businesses can’t afford to underestimate the importance of a flexible workforce in this tough economic climate.” More →

Plans to convert offices may undermine innovation and growth

by • Comment, Legal news, Property, Public Sector, Workplace design

Old Street roundabout regenerationWhatever they might think, Governments don’t have a natural propensity for joined up thinking. Nor do they have a natural affinity with small businesses, especially those that emerge in non-traditional sectors. Governments may like to claim they can display both of these noble values, but experience tells us different. One thing they are prone to, however, is a frequent ability to fall victim to unfortunate juxtapositions of complex events that throw their inherent weaknesses into sharp relief.

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A train that symbolises the clash of old and new ways of work

by • Comment, Technology, Workplace, Workplace design

Today we’ll all be hearing a lot more about the plans for HS2, the Government’s flagship construction project and all-round Keynesian boot in the pants for the UK economy. Most of what will pass for debate will involve some light class warfare about the route through Tory constituencies, seasoned with a dash of NIMBYism, some chest beating from Labour who started the whole thing but can’t be seen to support it fully and various other bits of pointless to-ing and fro-ing. But what is most remarkable about the scheme as far as Insight is concerned, is how its business case completely and deliberately ignores the way we work. More →

Cost cutting measures are on the agenda, but may prove risky

by • Knowledge, News

SawingTreeLimbHeisSittingOnThe latest Office for National Statistics figures released today which show that the UK economy has shrunk might suggest that firms need to cut costs as they try to weather the economic storm. This idea is given credence by a major study into the procurement strategies of organisations which found three quarters doing exactly that. However another study suggests that we may be approaching the point at which further cost-cutting measures will destabilise supply chains, making price reductions counter productive and exposing buyers to a greater degree of risk.   More →

Mixed response to Government office conversion plans

by • Architecture, News, Property, Public Sector

As predicted earlier this week, the government has confirmed new measures that will allow office space to be converted into homes without the need for planning permission. Further reforms are also intended to help boost rural communities and create jobs by allowing agricultural buildings to be converted for other business use, such as shops, offices, restaurants or leisure facilities without the need for planning permission. But the scheme has met with a decidedly mixed response from organisations as diverse as the Royal Institute of British Architects (RIBA) and local authority chiefs.  More →

A more decentralised office inevitable for world’s workers

by • Facilities management, Knowledge, News, Technology, Workplace, Workplace design

The changing nature of work and the workforce continues to transform offices around the world. And nowhere more so than in the United States  According to a recent report from McKinsey – called Preparing for a New Era of Knowledge Work – not only are we seeing the final stages of the transition to a knowledge economy with all that entails, demographic inertia means that there may be a huge shortfall in the number of skilled graduate workers needed to service it. This pattern will be evident around the world, especially in rapidly developing economies such as China and India.  More →

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