Search Results for: benefits

April 3, 2013

Office furniture leases are actually readily available

The article from John Sacks from 25th March bemoaned the fact that leasing is essentially useless for furniture projects on the basis that no banks are interested in funding such assets. I am delighted to inform John, and more importantly, the broader readership of Office Insight that this assertion couldn’t be further from the truth. The reality is that finance for both pure furniture, and indeed broader fit out projects, is readily available. For some, the significant tax benefits (leasing is 100% tax deductible) are critical, whilst others recognise the importance of retaining capital and making sure cash is deployed effectively, not locked away in furniture, is key.

April 2, 2013

Survey reveals rising confidence of UK workers

by Sara Bean • News, Workplace

Competitive pay and benefits are the most important requirements of a new employer, before job security, according to new research from recruiter Randstad. In 2012, 27 per cent of people said long-term job security was the most important factor in choosing to work for a specific company – more than any other issue, but this has now fallen to 16 per cent, the lowest it has been in three years. Mark Bull, Randstad’s UK CEO, said: “The UK’s workforce appears much more bullish. In 2011 and 2012 the number one priority for people was job security – now it is salaries and benefits.”

March 27, 2013

BIM task force group to represent built environment

by Sara Bean • Facilities management, News, Property, Public Sector, Technology

Building Information Modelling (BIM) is of as much importance to those tasked with using and managing buildings as those involved in their design and construction and has led to the formation of the BIM4FM group, which represents institutes, trade associations and professional bodies within the built environment. Supported by the Cabinet Office Government Property Unit, the BIM4FM group will provide input into the on going development of BIM and work being developed through the Government Property Unit and BIM Task Group. Geoff Prudence, Chair of the BIM4FM group said: “Although BIM has long been discussed at the construction end of the supply chain it has only recently and repeatedly started to raise its profile with those operating and using buildings.” More →

March 27, 2013

U.S. employers plan penalties to boost wellness participation

by Sara Bean • Knowledge, News, Workplace

U.S. wellness

Following on from the revelation that wellness programmes are only as good as the willingness of staff to participate, comes a study from the U.S. which highlights the role incentives can play in employers’ efforts to improve workforce health and performance. Aon Hewitt’s survey of nearly 800 large and mid-size U.S. employers representing more than 7 million U.S. employees found that 83 per cent now offer employees incentives for participating in programmes, while 58 per cent plan to impose consequences on participants who do not take appropriate actions for improving their health.

March 22, 2013

Employers’ lack of media savvy is stifling innovation

by Sara Bean • Knowledge, News, Technology, Workplace

A resistance to change and a lack of social media savvy amongst senior leaders is holding organisations back from fostering cultures of openness, collaboration and innovation in their organisations. Social media is driving us headlong into an age of mass collaboration and mass transparency, and if employers don’t embrace this with open arms they will find themselves on the back foot argues the CIPD. Jonny Gifford, research adviser at the Chartered HR and development professional body, comments: “For organisations to thrive, employees must be given the opportunity to discuss how their organisations can innovate and feed their views upwards, as well as having the freedom to blow the whistle about genuine issues at work.

March 22, 2013

UK employers failing to measure effectiveness of workplace wellness

by Sara Bean • Knowledge, News, Workplace

Further data from Buck Consultant’s Global Wellness Strategies Report reveals that UK employers know what they want from their workplace wellness strategy, but less than one in 10 (9 per cent) actively measures specific outcomes, and three quarters (74 per cent) of those that don’t say it is due to limited resources. According to the study, increasing employee morale and engagement (73 per cent), improving staff productivity and reducing presenteeism (69 per cent), and reducing absenteeism (66 per cent) are the three top goals for UK businesses; with the top four health risks identified as stress, workplace safety and work-life balance issues and depression.

March 20, 2013

Building Information Modelling is unstoppable finds survey

by Sara Bean • Architecture, Facilities management, News, Property, Public Sector, Workplace design

Nearly three quarters (71 per cent) of building design and construction experts agree that BIM (Building Information Modelling) represents “the future of project information” and 39 per cent confirmed that they are already using it. But the annual industry-wide BIM survey, undertaken by NBS, reveals a lack of clarity around the subject which could prove an obstacle to its more rapid adoption. 74 per cent of those polled agreed that the industry is “not clear enough on what BIM is yet” and only around one-third claim to be “very” or “quite” confident in their BIM knowledge and skills.

March 15, 2013

Call for budget to help construction sector growth

by Sara Bean • News, Property, Public Sector

The Treasury

Leading environmental and building construction bodies are calling on the Government to help grow the built environment in next week’s budget. The UK Green Building Council (UK-GBC) is urging the Chancellor to use the Budget 2013 to demonstrate the Coalition’s commitment to energy efficiency as a key driver of green growth and provide a boost to the construction sector. And in a list of requests, RICS asks the government to visibly promote public sector construction contracts, meaning smaller firms across the UK are aware of projects and able to directly bid for work.

March 13, 2013

Third of global employers have formal wellness plans

by Sara Bean • Knowledge, News, Workplace

Bosses favourites Less than half of organizations worldwide actively apply the basic elements of a health management programme, with just a third having a formal strategic plan for health and wellness. This is according to Mercer’s Talent Barometer research which explores key accelerators of talent effectiveness – education, health and wellness, and career experience – and their impact on successful workforce practices. While employers are investing in talent, with 60 per cent of organizations increasing spending in this area in recent years, only 24 per cent say their current plans are highly effective in meeting immediate and long-term human capital needs.

March 13, 2013

UK Government reports £1 billion sale of unwanted properties

by Mark Eltringham • Architecture, News, Property

The Cabinet Office minister Francis Maude has claimed that central Government departments in the UK have now raised more than £1 billion by selling unused property since 2010. He also claimed that government departments have saved an additional £168 million with the termination of leases on unwanted buildings. The landmark figure was reached with the sale of St. Dunstan’s House (above), formerly home to the Ministry of Justice to Taylor Wimpey who will be converting the site into – what else? – a residential project of 76 apartments designed by David Walker Architects.

March 12, 2013

US wellness programmes failing to impact the bottom line

by Mark Eltringham • Knowledge, Legal news, News, Workplace

A new study from researchers in the United States has indicated for the first time that the benefits of workplace wellness programmes may not be reaching the bottom line of organisations as much as is commonly claimed. The results of the research were published this week in the peer reviewed Health Affairs journal. The researchers followed a wellness programme at a hospital in St Louis and found that, while the numbers of hospitalisations for employees and their family members fell by over 40 per cent on a specific set of conditions, the savings were more than offset by the increased costs of the scheme.

March 12, 2013

Employers vastly underestimate savings of freeing up desks

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

The latest salvo in the flexible working debate is a study which reveals that despite potential savings of around £34bn by freeing up desk space and working more flexibly, the majority of UK business leaders grossly underestimate what it is possible to save with two out of three (65 per cent) insisting they can’t lose any desks. According to a Vodafone UK survey one in five of those surveyed thought that their employees remained rooted to the old principle that all employees should have their own desk space (21 per cent) and flexible working ultimately leads to employees taking advantage of the system (23 per cent).