Search Results for: economic

June 17, 2013

The three Rs of the RIBA Awards winners – risk, reticence, recession

Risk, reticence and recession are the 3 Rs that leap out from the education dominated RIBA awards winners. The premise being that only a really bold architect would design something daring at a time of economic constraint. However, given what vanity has been displayed in recent years one would have supposed that boldness would not have been in short supply. It is the reality that falls some way short. A largely egg- and shoe-box inspired collection with windows best described as minimalist, the common theme is seemingly one of modesty. Even the big public projects seem derivative and cautious. Images of the visitor centre for the Giants Causeway (above) in Ireland suggest an attractive scheme but bring to mind Stonehenge, another early attempt at brutalist monolithic human construction with a spiritual dimension. Unless I’m missing something.

June 11, 2013

Construction sector is digging its way out of recession

by Sara Bean • Facilities management, News, Property

The UK’s Employment Outlook is looking firmly positive, according to ManpowerGroup, and it’s being driven by an upturn in construction and a buoyant London economy. “As we head into the summer months, the UK jobs market is not too hot, but not too cold either. It’s all about the Three ‘C’s: Construction, the Capital, and Consistency,” said ManpowerGroup UK Managing Director, Mark Cahill. The first ‘C’ is for Construction, the most improved sector this quarter, up by five points, which is positive news as construction has been a huge drag on the whole UK economy, and is one of the main reasons we’ve had a double dip recession. Now ManpowerGroup reports it is starting to see rising demand for skills across the board, particularly in skilled trades and engineers. More →

June 4, 2013

Time to apply flexible working to harness women’s untapped potential

by Sara Bean • Facilities management, Knowledge, News, Public Sector, Workplace

Encouraging flexible working and understanding how best to support working parents in the second stage of their career is just one of the findings of a major report published today by the Women’s Business Council (WBC) on improving women’s contribution to economic growth. The WBC, which is chaired by Ruby McGregor Smith CBE, chief executive of MITIE, is an independent working group established by the government in 2012 to explore the untapped potential of the female workforce. Maximising women’s contribution to future economic growth looks into addressing the obstacles at all stages of women’s careers, such as broadening career choices, helping to access childcare and providing the necessary skills to start new businesses. More →

May 31, 2013

UK employment recovery could take up to four years finds research

by Sara Bean • Knowledge, News, Workplace

It will now be more than four years before the UK restores the employment rate of 2008 – and jobs recovery could take far longer. According to a new analysis from independent think tank the Resolution Foundation, it is now all but certain that the current jobs recovery will take longer than that following either the 1980s or 1990s recessions. The new findings are based on calculations of the UK ‘jobs gap’, the number of jobs the UK needs to create in order to restore the 2008 employment rate. The tough figures are explained partly by the UK’s ageing workforce, as a third of the current jobs gap is down to the growing share of the workforce aged over 64, which is growing twice as fast as the population aged 16-64. More →

May 23, 2013

UK employee engagement and productivity lags behind most of world

by Sara Bean • Knowledge, News, Workplace

You might regard the concept of employee engagement as just a new way to describe industrial relations, but there is a growing body of research that UK employers need to do more to keep their employees on side. According to the latest missive, low employee engagement and lagging productivity is the greatest employment challenge facing UK business in 2013. Global research by Right Management found that this was the key concern for one in three (31 per cent ) employers compared to a global average of just one in five (21 per cent ) HR professionals, suggesting that after years of economic uncertainty and doing ‘more with less’, the UK workforce has reached a productivity impasse. More →

May 22, 2013

Fearful UK employees benefit from engagement policies finds survey

by Sara Bean • Knowledge, News, Public Sector, Workplace

A new study provides some proof that the employee engagement lobby has some validity. According to a new national survey, job stress has gone up and job-related well-being has gone down since the start of the recession, with Britain’s employees feeling more insecure and pressured at work than at any time in the past 20 years. The Economic and Social Research Council (ESRC) and the UK Commission for Employment and Skills (UKCES) report the biggest concern was about pay reductions, followed by loss of say over their job. However, the survey found that where employers pursued employee engagement practices, giving employees more involvement in decision making at work, staff were less anxious about their jobs. More →

May 21, 2013

Flexible working boosts employee satisfaction and lowers business costs

by Tim Clapham • Comment, Knowledge, Technology, Workplace

May 2013 played host to Work Wise Week, an initiative from Work Wise UK that aimed to promote and encourage smarter working practices to the benefit of businesses and employees. Cultural, economic and social changes are affecting attitudes to how we balance work and personal lives, and increasingly, mobility and technology is shifting away the need for the traditional 9-5 work patterns, replacing it with more flexible working practices. There are many benefits of flexible working and, as such, we are seeing more businesses starting to understand that forcing employees to work in an office does not guarantee productivity. More →

May 20, 2013

Groundbreaking study reveals work is better for you than retirement

by Sara Bean • Knowledge, Legal news, News, Workplace

The scrapping of the UK’s Default Retirement Age (DRA) two years ago is seen by many employers as a negative step. But now a ground-breaking new study provides evidence that working past a set retirement age is much better for the nation’s health. Work Longer, Live Healthier: The relationship between economic activity, health and government policy, published by the Institute of Economic Affairs and the Age Endeavour Fellowship finds retirement has a detrimental impact on both mental and physical health over time. The stats make for uncomfortable reading for anyone considering taking that long cruise. You’re more likely to be clinically depressed, have at least one diagnosed physical condition and are less likely to enjoy good or excellent health. More →

May 16, 2013

Working on daily commute is on the increase survey finds

by Sara Bean • Facilities management, Knowledge, News, Workplace

As argued on this site today, many people prefer to work while commuting and research published today supports this view. A survey of over 2,000 British workers by recruiter Randstad reveals the number of employees who work while they commute rose from 4.8 per cent in 2008 to 7.5 per cent in 2013. There’s also been a big rise in the number of “extreme commuters” – those travelling more than 90 minutes each way – which has increased by 50 per cent, from just over one in twenty (6 per cent), to almost one in ten (9 per cent). However, while 18 per cent of British workers feel that the development of smartphones and tablets has made it easier for them to work while they travel, – one in ten (9.2 per cent) say that new technology has increased the pressure on them to get work done on their journey to and from work. More →

May 16, 2013

HS2 – still a train that symbolises the clash of old and new ways of working

by Mark Eltringham • Comment, Technology, Workplace

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We’ve said this before but given the recent round of agonising over HS2 and today’s news that it will already cost £10 bn more than planned, there is no end yet to us hearing more and more about the plans for the Government’s flagship construction project and all-round Keynesian boot in the pants for the UK economy. Most of what passes for debate involves 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 we are concerned, has always been how its business case completely and deliberately ignores the way we now work. Something bleedin’ obvious that the NAO has now pointed out.

May 15, 2013

Long term investment in infrastructure needed to boost UK economy

by Mark Eltringham • Knowledge, News, Property

The UK government should reverse the long term slump in infrastructure investment to boost the economy, according to a new report from the Centre for Economic and Business Research and the Civil Engineering Contractors Association. The report, Securing Our Economy: The Case For Infrastructure, calls for the government to address the decade long £13bn infrastructure construction shortfall and lays out a series of recommendations to reverse the situation. The report claims the UK endures a £78bn GDP ‘black hole’ each year due to the lack of investment and that by investing at the level of other developed economies, the economy could enjoy an additional £100 billion each year by 2026.

May 14, 2013

Majority of workers prefer sick colleagues to stay home

by Sara Bean • Knowledge, News, Workplace

As we reported last week, the UK workforce is suffering from a bad case of presenteeism, but unfortunately for those valiant employees who drag themselves into the office despite being genuinely sick, it seems the majority of their workmates would prefer they didn’t bother. According to the latest research on the issue, this time from Capita Employee Benefits, over three in four (78 per cent) recognise that colleagues who are genuinely sick should stay at home until they get better for the benefit of both themselves and those around them.