Search Results for: economic

How digital platforms are revolutionising the outplacement experience

How digital platforms are revolutionising the outplacement experience

For the first time since the 2008/2009 financial crisis, redundancy rates have risen, and this trend looks set to continue throughout 2024. Just over 42 percent of employers (HR Director) are planning to make redundancies in a year that has already seen a string of high-profile companies announce job cuts. Businesses are reorganising, considering ideas such as outplacement, and the market landscape is changing in more ways than one. With a new wave of Gen Zs raising the bar for issues that matter to them, employers are now facing expectations that are different to that of Boomers. More →

Organisations routinely undervalue and overlook talent of older workers

Organisations routinely undervalue and overlook talent of older workers

New data from Generation, an employment non-profit, and the Organisation for Economic Co-operation and Development (OECD), claims that employers need to radically rethink how they approach midcareer and older workers.New data from Generation, an employment non-profit, and the Organisation for Economic Co-operation and Development (OECD), claims that employers need to radically rethink how they approach midcareer and older workers. The Midcareer Opportunity: Meeting the challenges of an ageing workforce report outlines insights from OECD data and from an eight-country survey of thousands of employers, job seekers, and employees in Europe and the US. The research in Europe was funded by Google.org, and in the United States by Clayton, Dubilier & Rice. More →

Bosses need to get their priorities right, say office workers

Bosses need to get their priorities right, say office workers

A new poll carried out in the US and UK claims that almost all office workers (93 percent) believe business leaders’ priorities need to shift in the current economic climate. the traditional role of leadership – as the future priority. The proportion is 98 percent of those aged 18-24. The study, Work Remastered, surveyed more than 1,000 office-based workers across the UK and the US and was carried out by consultants United Culture. More →

SMEs turn to AI and acquisitions to navigate an uncertain future

SMEs turn to AI and acquisitions to navigate an uncertain future

More than half of all business leaders (55 percent) believe that the overall economic conditions in the UK and Ireland have worsened compared to a year ago.  Yet, 58 percent of SMEs anticipate an increase in their firm’s sales revenues over the next 12 months; while nearly half (47 percent) expect profitability to improve within a year and 47 percent of SMEs are confident that their firm’s total number of employees will grow in the next 12 months. Business leaders are planning to invest more in AI and acquisitions to help them navigate an uncertain future. More →

New study reveals deteriorating employee wellbeing and eroding trust in employer efforts

New study reveals deteriorating employee wellbeing and eroding trust in employer efforts

WellbeingA new study from Alight reveals that 64 percent of the UK workforce would rate their overall wellbeing as low. This comes at a time where economic headwinds, budget cuts and remote work has created a feeling of uncertainty in the UK workforce, heightening the urgency for employers to act fast or compromise employee wellbeing.

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An uncertain world, but CEOs remain broadly bullish about the future

An uncertain world, but CEOs remain broadly bullish about the future

Geopolitics and broader political uncertainty are now the greatest risk to business growth, according to a survey of more than 1,300 CEOs of the world’s largest businessesGeopolitics and broader political uncertainty are now the greatest risk to business growth, according to a survey of more than 1,300 CEOs of the world’s largest businesses. The KPMG 2023 CEO Outlook claims that geopolitics and political uncertainty have become the leading perceived risk this year for senior executives – concerns that didn’t even make the top five in the 2022 survey. More →

Investment and new powers essential to unleash the vast potential of UK cities

Investment and new powers essential to unleash the vast potential of UK cities

Unleashing the potential of the UK’s cities is critical to boost growth, repair their social fabric and meet our net zero targets according to a new reportUnleashing the potential of the UK’s cities is critical to boost growth, repair their social fabric and meet our net zero targets according to a new report, produced in partnership between the Royal Society for Arts, Manufactures and Commerce (RSA) and Core Cities UK. The report calls on the government to move away from the current trend of short-termism, witnessed in recent weeks in debates on HS2, net zero and the future of local government. More →

Half of landlords now planning a flexible working offer

Half of landlords now planning a flexible working offer

Over half of UK landlords are planning to independently develop an offering for the growing flexible working market across their portfoliosOver half of UK landlords are planning to independently develop an offering for the growing flexible working market across their portfolios, according to the annual report on the flexible workspace sector by The Instant Group. The 2023 UK State of the Flex Market report [registration] polled more than 200 flex operators and landlords for insights into the sector. Findings also suggest that two-thirds (61 percent) of flex operators intend to increase their footprint in the next two years, while market imbalances in regional hubs, enduring occupancy rates, and surging demand for sustainable buildings all featured prominently in the report. More →

‘Levelling up’ development is new home for 1,400 civil servants

‘Levelling up’ development is new home for 1,400 civil servants

The UK government has purchased land for the permanent site of the new Darlington Economic Campus as a key part of its so-called levelling up programmeThe UK government has purchased land for the permanent site of the new Darlington Economic Campus as a key part of its so-called levelling up programme. The Darlington Economic Campus (DEC) was established in August 2021 and currently houses 674 government staff. McLaren Property has now sold its option on a 7,926 square metres site on Brunswick Street in Darlington to the Government Property Agency for a permanent base for the Treasury’s second headquarters and Department for Business and Trade. More →

The Works Place

Can we talk about sustainable design?

“There are no solutions, there are only trade-offs; and you try to get the best trade-off you can get, that’s all you can hope for.”

Does Thomas Sowell’s (in)famous dictum about the harsh reality of economics and existence describe a permanent condition for sustainable design? Are the materials, supply chains and processes we use merely less worse than their alternatives or can we hope to achieve something that is genuinely better?

That is one of the many complex questions we’ll be addressing at a new interactive event we are hosting at the London Design Festival this year. And we’d love you to come talk to us about it as we look for some answers to the most pressing issues of our time. You can book tickets here.

We have created a space and conversation forum that will showcase the latest and most innovative thinking on sustainable design, circularity, new materials and innovation. Known as The Works Place, products and ideas will be presented in a range of working settings. And most importantly it’s a chance to talk and share your views about what is possible and what we might dream to do better.

Partners include Flokk, Area, Mater, Humanscale, The Collective Agency, Material Matters, Woven Image, Crafting Plastics, Obo, Future Designs, Women in Office Design and The Sustainable Design Collective.

The Works Place is at the iconic five-storey Bargehouse building from 20-23 September as part of Material Matters.

The words we borrow from other languages to talk about work and wellbeing

The words we borrow from other languages to talk about work and wellbeing

We are prone to borrow words from other languages to express ideas that otherwise need some explaining in English. This includes the way we talk about work, and specially the way we talk about wellbeing and happinessWe are prone to borrow nuanced words from other languages to express ideas that otherwise need some explaining in English. This includes the way we talk about work, and especially the way we talk about wellbeing and happiness. Perhaps most famously, there was a lot of talk about hygge a couple of years ago. A straight dictionary translation of hygge would be something like cosiness, but the word also embodies an emotion and an approach to life that embraces a certain degree of slowness and an enjoyment of the present moment. It’s no coincidence that it became modish in a distracted and hurried world. Although the concept is usually referred to as Danish, the word itself is shared with Norwegian, which also offers us the word koselig, which means cosiness but also hints at it being best enjoyed at a fireside. More →

Exploring the gender pay gap in Germany: a closer look at salary inequality

Exploring the gender pay gap in Germany: a closer look at salary inequality

This article explores the gender pay gap in Germany, investigating the underlying factors and possible remedies to tackle the problemIn Germany, just like in numerous other nations, the gender pay gap remains a subject of significant worry and discussion. The persistent issue of unequal pay between men and women, where women frequently earn less than their male colleagues for the same job, persists. This article seeks to explore the gender pay gap in Germany in more detail, investigating the underlying factors that contribute to this gap and considering possible remedies to tackle this problem. More →