Search Results for: pay ratio

UK workers spend less time in the office than any other country, but still think it’s too much

UK workers spend less time in the office than any other country, but still think it’s too much

Workers in the United Kingdom spend less time in the office than any other country, however they want to further reduce their days further.Workers in the United Kingdom spend less time in the office than any other country, however they want to further reduce their days further. That is according to a new study from Unispace. The report, Returning for Good [registration], combines the results of a poll of 9,500 employees and 6,650 business leaders from 17 countries worldwide – found that just 34 percent of employees in the UK are in the office four or more days a week, less time than workers in any other country. (more…)

Surge in employee turnover suggest that the ‘Great Resignation’ is still with us

Surge in employee turnover suggest that the ‘Great Resignation’ is still with us

A new report claims that the level of job turnover suggests that the so-called Great Resignation may be far from overOver the past year, 55 percent of working adults have either started a new job or are looking for one, according to a report [registration] published by insurance firm YuLife. The poll  suggests that a further 35 percent of working adults say it is likely they will consider changing jobs within the next year.  The report claims that these findings suggest that the so-called Great Resignation may be far from over. The report also claims that high levels of stress characterize the modern workplace, and businesses which proactively address employees’ concerns around stress and invest in their wellbeing benefit from reduced churn and turnover. (more…)

Three quarters of firms have now mandated some form of ‘return to office’

Three quarters of firms have now mandated some form of ‘return to office’

A new poll from Unispace claims that around 72 percent of companies globally have now mandated a return to office based workA new poll from Unispace claims that around 72 percent of companies globally have now mandated a return to office based work. However, many respondents also report losing key employees due to mandates, with recruitment also being impacted by enforced returns. The report concludes that companies are failing to recognise the drivers of workers’ reluctance to return to the workplace, and likewise, the opportunities and value that the physical workplace provides. (more…)

Majority of employees see themselves as cogs in corporate machinery

Majority of employees see themselves as cogs in corporate machinery

A significant majority (85 percent) of employees feel like they are just a cog in the machinery of their organisation and 43 percent have no idea how their performance contributes to business success, according to a new survey of employee experience and expectations. According to the new study [registration] from Oracle, HR leaders are struggling to keep up with changing employee expectations and this can have dire consequences for businesses. The survey of 1,000 employees and HR leaders across the United Kingdom (UK) found that despite current economic uncertainty, worker expectations are higher than ever, and HR leaders need help to get the employee experience right or risk losing profits and market share. (more…)

Government turns to business rates reform to improve building quality, but will it work?

Government turns to business rates reform to improve building quality, but will it work?

The UK Government claims that a new bill will support businesses by modernising the business rates system to incentivise property improvementsThe UK Government claims that a new bill will support businesses by modernising the business rates system to incentivise property improvements and support more frequent revaluations. The measures being put forward review and reform business rates in England, making them fairer and more responsive to changes in the market. The Non-Domestic Rating Bill will introduce more frequent valuations, to take place every three years instead of the current five, meaning those with falling values will see their bills drop sooner, accorrding to the Treasury. (more…)

Lighting is just as important for those working from home as it is in the office

Lighting is just as important for those working from home as it is in the office

Working from home now constitutes a part of many office workers' lives so the latest revision to The Society of Light and Lighting Guide  now includes guidance for those creating an office in their homeWorking from home now constitutes a part of many office workers’ lives so the latest revision to The Society of Light and Lighting Guide  now includes guidance for those creating an office in their home through the conversion of a bedroom or other room. This revision to The Society of Light and Lighting’s Lighting Guide 7: Lighting for Offices [paywall] is the most significant in a long time. Not because of the amount of information that has changed or been introduced, but because home working now constitutes a part of many office workers’ lives. Such a dramatic change for many could not have been foreseen when the previous edition of LG7 was published. (more…)

The UK workplace sector reacts to the Spring Budget 2023

The UK workplace sector reacts to the Spring Budget 2023

The workplace sector in the UK has been reacting to the announcements in the Spring budgetToday the UK’s Chancellor of the Exchequer, Jeremy Hunt presented his Spring Budget to the House of Commons. In it he announced what her referred to as his ‘four pillars’ of industrial and productivity strategy, namely: ‘Enterprise’, ‘Employment’, ‘Education’, and ‘Everywhere’. Perhaps the headline element of this announcement was the creation of twelve new investment zones across the UK as well as incentives for older workers to return to the country’s patchy workforce. This includes£63m for programmes to encourage retirees over 50 back to work, “returnerships” and ‘skills boot camps’. Another headline for the workplace sector was the offer of improved childcare arrangements, especially for the parents of very young children, who will see 30 hours of free childcare expanded to include one and two-year-olds. (more…)

Only one in eight office occupiers think their property aligns with their business objectives

Only one in eight office occupiers think their property aligns with their business objectives

Only around 14 percent of office occupiers believe their existing workspace portfolios align completely with their business objectives,Only around 14 percent of office occupiers believe their existing workspace portfolios align completely with their business objectives, according to a new report on the future of the office by the Urban Land Institute and The Instant Group. The ‘state of flux’ identified in the report suggests that while the office is ‘here to stay’, the sector is bracing itself for a profound shift.  Two thirds (62 percent) of office landlords expect a decrease in capital values with the current valuation model and less than 2 percent of asset owners feel they have the required capex to respond to occupier and ESG legislation-related requirements. (more…)

Progress depends on heterodox thought and difficult questions

Progress depends on heterodox thought and difficult questions

Between the 9th and 13th Centuries, the world’s intellectual centre and the source of much of its progress, discovery and achievement was Baghdad. This was the Muslim Golden Age and at its core was the House of Wisdom, established by the Caliph Harun al-Rashid. At one point, this library housed the largest collection of books on Earth and drew the greatest minds in the world to share ideas, innovate and explore ancient sources of science and wisdom from Greek and Persian texts. Muslim, Jewish, Christian and atheist scholars worked together to advance human understanding until a slow decline culminated with a later Caliph declaring that its diversity of thought should bow to a literal interpretation of the Quran and Hadith.

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Less than a third of businesses know how energy efficient their office is

Less than a third of businesses know how energy efficient their office is

A surprisingly high proportion of UK businesses are unaware of new environmental legislation concerning the energy efficiency of their buildings, or how even how energy efficient they are in the first placeA surprisingly high proportion of UK businesses are unaware of new environmental legislation concerning the energy efficiency of their buildings, or even how energy efficient they are in the first place, according to a new survey commissioned by Irwin Mitchell: Redefining the Office – A report on office occupier trends in 2023.  The new Minimum Energy Efficiency Standards (MEES) legislation means that from 1st April 2023, property owners must not continue to let properties that have an EPC rating of F or G (unless they have an exemption) and all let properties will need to have a minimum EPC rating of E. (more…)

Firms get that people want flexible working, but are still slow to act

Firms get that people want flexible working, but are still slow to act

Workers are increasingly demanding autonomy and flexible working options, but employers remain slow to respond, with only a small percentage increasing the number of flexible or remote rolesWorkers are increasingly demanding autonomy and flexible working options, but employers remain slow to respond, with only a small percentage increasing the number of flexible or remote roles, according to a new poll.  Based on a survey of 4,500 people including 500 small and medium-sized business owners, Sonovate’s report, ‘The Future World of Work’ [registration] claims that although 70 percent of businesses acknowledge that the most skilled people will only work under conditions that favour them, they had done little to enable employees to work more flexibly and reduce outgoings. (more…)

Most US employees don’t believe remote working colleagues are really working

Most US employees don’t believe remote working colleagues are really working

Only 24 percent of people trust their remote working colleagues to get work done from home, according to a new poll from EnvoyOnly 24 percent of people trust their remote working colleagues to get work done from home, according to a new poll from Envoy. However, the latest edition of its Return to the Workplace survey also suggests that 94 percent of workers believe their managers trust them to do their work from anywhere, home or the office. And the older the worker, the greater the confidence they have in expressing such a belief. Only 57 percent of ‘Gen Z’ feel strongly that they have their manager’s trust compared with 71 percent of ‘Millennials’ and 77 percent of ‘Boomers’. (Wot? No Gen X? – Ed) (more…)