November 11, 2019

Largest commercial property firm in UK to be carbon neutral by 2030

by Neil Franklin • Environment, Facilities management, News, Property

The UK’s largest commercial property company, Landsec, has announced that it plans for its 24 million square feet portfolio to achieve net zero emissions by 2030 in line with the Paris Agreement on climate change. Landsec, which has a £13.8 billion portfolio of office, retail and leisure property in the UK, including its flexible office arm Myo (pictured), has had its updated greenhouse gas reduction target approved by the Science-Based Target Initiative (SBTI). (more…)

November 7, 2019

Real estate set to remain an attractive investment despite challenging environment

by Neil Franklin • Cities, News, Property

Europe’s property leaders continue to have faith in real estate as an attractive option for investments, despite a number of significant political and economic challenges, according to the latest Emerging Trends in Real Estate Europe 2020 report. With interest rates set to stay lower for longer and bond yields in many European countries in negative territory, real estate income retains its broad appeal to investors, especially in comparison to other asset classes. Equity and debt are expected to remain plentiful for most real estate sectors. The report, published annually by the Urban Land Institute (ULI) and PwC, is based on the opinions of over 900 real estate professionals across Europe, including investors, developers, lenders, and advisers. (more…)

November 6, 2019

Over half of employers are ignorant of the Good Work Plan

by Neil Franklin • Legal news, News

In five months’ time, employers will have to adhere to new employment laws proposed in the government’s Good Work Plan. However, the majority of UK businesses are completely unaware that these laws are due to come into effect. A survey by Citation, conducted via OnePoll, has found that 59 percent of British employers do not even know about the Good Work Plan, which proposes a variety of law changes that will come into effect in April 2020. (more…)

November 5, 2019

World Economic Forum announces major circular economy initiative

by Mark Eltringham • Environment, News

The World Economic Forum is creating a new partnership which it claims will harness the potential of technology innovation and smart policy to fast-track the circular economy. WEF claims that SCALE 360 will collaborate with government, business, civil society and entrepreneurs around the world to find bright new ideas that will help us cut the waste in the world’s economies. It defines a circular economy as a regenerative approach to production and consumption, in which products and materials are redesigned, recovered and reused to reduce environmental impacts. Research shows that this transition could generate $4.5 trillion in additional economic output by 2030. (more…)

November 5, 2019

HR leaders feel unprepared for the future of work

by Neil Franklin • News, Technology, Workplace

Only 9 percent of chief human resources officers (CHROs) agree that their organisation is prepared for the future of work, according to a new report from Gartner. The study ties in to Gartner Gartner ReimagineHR conference, which took place last week. It concludes that to address the needs of organisations and workers in the future, HR leaders must focus on five areas of work. It suggests that tackling the future of work should not mean looking at the various changing aspects of work, such as AI, the gig economy and the multigenerational workforce, in silos. Istead, HR leaders should focus on the big picture of what the future of work can and should look like in their organisation. (more…)

November 4, 2019

Brexit continues to dampen UK commercial property market

by Neil Franklin • News, Property

The Brexit impasse is contributing to perceptions that the UK Commercial Property Market is in the downturn phase of the property cycle, according to the Q3 2019 RICS UK Commercial Property Market Survey. The latest results suggest that the highest proportion of respondents sensing the overall market is in the downturn phase of the property cycle since the series began in 2015 (+62 percent up from +53 percent in Q2), with anecdotal evidence suggesting that Brexit is having an increasingly detrimental impact on market activity. (more…)

October 31, 2019

Digitalisation hindered by lack of leadership

by Neil Franklin • News, Technology

Despite its importance in staying competitive and accelerating growth, business leaders are not seen as driving their company’s digital transformation, according to Mercer’s latest survey report, ‘Still transforming or already performing?. While 61 percent of UK HR leaders confirm that digitalisation is embedded in their company’s corporate strategy, only 3 out of 5 rate leadership as the main driver of transformation. (more…)

October 30, 2019

The workplace of the future and its tech must work for the good of society

by Neil Franklin • AI, News, Technology, Wellbeing

October 29, 2019

Here is how you should handle racial discrimination in the workplace

by Karen Holden • Comment, Legal news, Workplace

While progress has been made with tackling racial discrimination in recent decades, it is clear that it still lives on in the workplace in less overt and more nuanced forms. A survey commissioned by the Trade Union Congress found that over 70 percent of ethnic minority workers say they have experienced racial harassment at work and around 60 percent state that they have been subject to unfair treatment by their employer. Karen Holden, Founder of A City Law Firm, is keen to outline the laws surrounding racial discrimination in the workplace and exactly what the employers responsibilities are. (more…)

October 29, 2019

Workplace values matter more than career progression to young dads

by Han Son Lee • Comment, Flexible working, Wellbeing

With recent research showing that over half of young dads (58 percent) are more actively involved in day to day parenting than ever before, it is increasingly important that employers put health and wellbeing and other workplace values at the heart of their offer to employees. In particular, they should be able to offer flexible working options in order to retain their best staff. Our research looking at the Millennial Dad at Work also highlighted starkly that some business sectors are more accommodating than others when it comes to flexible working. Perhaps surprisingly, the construction industry came out of the research very well with 48 percent requesting a change in working hours since becoming a father of which 78 percent of those were successful. The retail sector and the pharmaceutical industry also did well. (more…)

October 27, 2019

Over 50s account for total five year increase in night working

by Neil Franklin • News, Wellbeing, Workplace

The number of people regularly working night shifts is at its highest level since the Office for National Statistics began collecting records in their current form, according to a new analysis from the TUC. The analysis of official data shows that 3.25 million people (more than 1 in 9 workers) work in Britain’s night-time economy – 100,000 more than five years ago. While the number of over 50s doing night work has accelerated in recent years, fewer young workers are doing night shifts. (more…)

October 25, 2019

Fine tuning office design and its most wonderful invention to our needs

by Mark Eltringham • Comment, Workplace design

The best workplaces are always focused on people. Which is why many of the great pioneers of workplace thinking are from the social sciences, including disciplines such as psychology, ethnography and anthropology. These are the people who have shared the insights that help us to understand the characteristics of great office design. In particular, this relies on an awareness of the ways in which people interact in particular spaces. (more…)