Search Results for: recession

September 25, 2013

Growth forecast for the commercial architecture sector in RIBA survey

by Sara Bean • Architecture, News, Property

The commercial architecture sector is forecast for steady growth throughout 2013 according to the latest Future Trends Survey by the Royal Institute of British Architects (RIBA). The survey, which uses an index to gauge workloads, reports that all sector forecasts remained in positive territory, with the workload balance figure for the commercial sector moving further into positive territory, (to +9). All categories of practices by size, and all the nations and regions in the UK, returned positive workload forecast balance figures in August 2013, suggesting that the sustained improvement in confidence levels is widespread and no longer confined to particular sectors and geographical locations. More →

September 4, 2013

EU Governments urged to maximise the potential of older workers

by Sara Bean • Legal news, News, Workplace

The rise in the number of older workers in the UK has been well documented, and the reason is clear, they are a much needed resource. Over the next ten years there are 13.5 million job vacancies which need to be filled, but only seven million young people predicted to join the job market in that time. And the UK is not alone; the EU faces significant skills gaps due to demographic change. But according to a new International Longevity Centre –UK (ILC-UK) report, Working Longer: An EU perspective, supported by Prudential, EU countries urgently need to skill up the older workforce, support more older women in work and address the particular health issues associated with employing older workers. More →

September 4, 2013

Facilities managers should harness information to show the value of what they do

by Mark Eltringham • Comment, Facilities management

Of the various myths that plague the facilities management profession, the most pernicious may well be that the role of facilities managers is largely to carry out what the early feminists called shit-work – the kind of job that only becomes visible when it is done badly or isn’t done at all. Conversely, when it is done well, nobody seems to notice or even care that much. The proto-feminists of the 50s and 60s applied the term to housework, but the term is equally apposite for the work of many facilities managers who may only come to the attention of their organisation when the air-conditioning stops working, the toilet floods or there is a problem with the car park.

August 27, 2013

Employee engagement, not fear, behind the fall in staff turnover

by Sara Bean • Facilities management, Legal news, News, Workplace

Explanations for a marked fall in employee turnover have largely attributed it to the recession, which, it’s been suggested, has led cautious employees to prefer to stay put in a secure position, rather than risk losing their place in an uncertain job market. However new data published today from the CIPD’s Megatrends research project suggests a more positive picture. The proportion of workers leaving their employer at any given time fell by over two fifths between 1998 and 2012, long before the downturn took hold. And the good news for those concerned with improving the quality of the workplace environment is that increased job satisfaction and improved levels of employee engagement could play a significant role.. More →

August 16, 2013

RIBA reports growing levels of optimism amongst British architects

by Mark Eltringham • Architecture, Knowledge, News

The July 2013 Future Trends Survey from the Royal Institute of British Architects (RIBA) claims that the levels of optimism felt by architectural practices about their workloads is at its highest level since the first ever survey in early 2009. The survey uses an index to gauge workloads and recorded a substantial hike to +23 in July, up from +17 in June, although the survey has seen a consistent upturn since the turn of the year. The report will come as good news to firms supplying products and services across the whole built environment sector who will see this as a sign that the market will continue a sustained recovery in the near future.

August 12, 2013

Pressure to fill roles as employers struggle to persuade cautious workers to switch jobs

by Sara Bean • News, Workplace

More good news on the economy today with the Summer 2013 CIPD/Success Factors Labour Market Outlook (LMO) survey report showing that for the sixth quarter in a row, employers expect jobs growth. However, while this means more opportunities for job seekers the pressure is mounting for employers to attract the right talent. It seems that despite employment confidence being at its highest level since the 2008 recession, this isn’t shared by those already in work, who are showing a marked reluctance to change jobs, leading to a struggle for employers to find the right candidates. More →

August 7, 2013

UK construction and manufacturing buoyant but mixed picture in global property market

by Mark Eltringham • Knowledge, News, Products, Property

There are signs that the UK’s faltering economy is on the road to recovery. Construction activity in the UK jumped sharply in July to hit its highest level in over three years, according to the latest Markit/CIPS survey of purchasing managers. This may have been driven primarily by a surge in house building, but even the recently moribund commercial construction sector saw an increase in activity. However a new report from the Royal Institute of Chartered Surveyors has highlighted that while the UK may have reason to smile, the picture of global commercial property markets is very patchy.

July 19, 2013

Keep up! new “megatrends” could have dramatic impacts on the world of work

by Sara Bean • Knowledge, News, Workplace

We are all aware to some extent or other of the ways in which work has changed significantly over the past few decades, but are employers sufficiently aware of, or prepared for, the future trends that will shape the way we work and the performance of our organisations and economies into the future? This is the question posed by HR body the CIPD in a major new discussion document Megatrends: The trends shaping work and working lives” as it launches a debate on the “megatrends” that are likely to shape the world of work, the workforce and the culture and organisation of workplaces over the next decade.

July 3, 2013

Hours and pay are not key factors for work-life balance finds survey

by Sara Bean • Flexible working, News, Workplace

The key to a better work-life balance is not simply to work shorter hours or earn more money and working shorter hours does not necessarily make people happier. According to a new survey by recruiter Randstad those in the South East and Yorkshire & The Humber are most happy with their work-life balance, with 64 per cent saying they are content, despite those in the South East having one of the longest average working weeks in the UK. The survey also found that those working in property and construction (88%) were amongst the happiest with their work-life balance, coming third after the utilities and insurance sectors. Those least happy with their work-life balance were the East of England (51 per cent) and South West (55 per cent) – yet those in the South West have a shorter average working week than most of the UK. More →

June 20, 2013

Land Securities £260m development confirms City office confidence

by Sara Bean • Architecture, Company news, News, Property

Land Securities announcement today of a £260 million development of 1 & 2 New Ludgate, EC4, a speculative mixed-use development in the City of London confirms a growing confidence in the City office market. The 379,000 sq ft scheme occupies an island site near St Paul’s Cathedral and comprises two distinct buildings united by a new public piazza, which together aim to offer 346,000 sq ft of office accommodation set around open and green spaces. Colette O’Shea, Head of Development, London said: “Our decision to commence the speculative development of 1 & 2 New Ludgate reflects our confidence both in the City office market, where we believe supply of new space will be constrained in 2015, and in the quality of the attractive and highly efficient office space we are creating.” More →

June 14, 2013

Only one commercial office building in RIBA National and EU Awards

by Sara Bean • Architecture, News, Workplace design

Just one commercial office building – Quadrant 3 on Regent Street in London [pictured] by Dixon Jones with Donald Insall Associates – has received a prize in the 2013 Royal Institute of British Architects (RIBA) National Awards. Many of the winners for the most rigorously-judged awards for architectural excellence are publicly, charity or foundation funded, with fewer medium-scale projects amongst the winners, both public and commercial. The shortlist for the RIBA Stirling Prize for the best building of the year will be drawn from the 52 RIBA National and EU Award winners (43 buildings in the UK and nine buildings elsewhere in the EU).

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 →