Search Results for: mental

December 8, 2016

Half of UK firms will hold Christmas parties but just a fifth offer bonuses or extra time off ⁰

by Sara Bean • Flexible working, Legal news, News, Workplace

We’re entering the office party season now so it’s time for the usual flurry of Christmas related research. We kick off the season with this from XpertHR which claims that the majority of companies it has polled will host company-wide parties (50.8 percent) or departmental Christmas lunches (47.2 percent), but there will be fewer Christmas gifts, bonuses awarded or additional time off for employees this year. Employers plan to spend an average of £93.33 and a median of £50 per employee on their Christmas celebrations – a figure which hasn’t changed significantly since the last time XpertHR conducted this survey in 2012/13, when the median spend was £42.82. However, fewer than one in five organisations (17.9 percent) will be offering employee gifts this year compared to 21.1 percent in 2012/2013 and just 18 employers will award Christmas bonuses, with no increases planned compared with last year.

December 7, 2016

Brexit could lead to a freeze of over a third of UK commercial property investment ⁰

by Neil Franklin • News, Property

The unexpected political events of 2016 will lead to a rise in caution and risk aversion among real estate investors in 2017, making secure income streams more highly prized among core investors globally. This is expected to benefit the UK market, where high levels of transparency and stable legal structures make real estate a safety play, according to a report from real estate advisor Savills. The firm unveiled its predictions for UK real estate at its annual cross-sector briefing this week, taking a detailed look at the commercial property, residential and agricultural markets. The overall story for UK real estate is one of slower growth. In the commercial market, average total returns on UK property investments are likely to be approximately 5.6 percent per annum during 2017-2021, with a 1.6 percent five year capital growth forecast for office values and a 4.4 percent growth forecast for office income returns. The report claims that there will be a fall of around 30 to 40 percent overall, and possibly up to 50 percent in Central London.

December 6, 2016

UK government to move 5,700 civil servants from Whitehall to east London ⁰

by Mark Eltringham • News, Property, Public Sector

The UK Cabinet Office has today announced the location of a new Government Hub at Canary Wharf, as the government prepares to move around 5,700 full time civil and public servants from offices in Whitehall to East London. The government will take the whole building, owned by Canary Wharf Group, at 10 South Colonnade, Canary Wharf, covering 50,354 sqm, on a 15 year lease (to end in 2032). The move, which will be completed by the end of 2018, supports the modernisation of the Civil Service outlined by the new Workplace Plan on July 12. The Government Property Unit, (GPU), as part of its remit to drive savings across the government estate, is overseeing the deal with Barclays for the new hub. The Government claims the hubs will benefit the public sector by ensuring the future workforce is where it needs to be, in strategic locations with great public transport connections, local amenities and offering a modern working environment. Relocating civil and public servants from existing, often fragmented office locations, to modern, cross-departmental workplaces will make the most of emerging working practices and technology is part of that drive, it claims.

November 30, 2016

Public sector employees ‘stressed’ but remaining optimistic following Brexit ⁰

by Sara Bean • News, Public Sector, Workplace

Levels of stress among public sector workers remain higher than any other sector, despite job satisfaction being at its highest level in four years amidst a tide of wider post-referendum optimism. This is according to the latest CIPD/Halogen Employee Outlook report of more than 2,000 employees which found that 63 percent of employees are satisfied with their jobs, rising to two-thirds (66 percent) in the public sector, the highest level for that sector since autumn 2012. However, public sector employees still report higher levels of pressure and exhaustion at work than any other sector. Two in five public sector workers (43 percent) say they are under excessive pressure at work at least once a week (all employees: 38 percent), and nearly half (46 percent) say they come home from work exhausted either always or often (all employees: 33 percent). The survey also suggests there is ample room for improvement in employee development and career progression which employers must address quickly so as not to lose valuable talent.

November 25, 2016

Reducing paper-weight is the key to maintaining a healthy business in the digital age ⁰

by Chas Moloney • Comment, Technology

The idea of creating a paperless office has been circulating for at least 40 years. Business Week famously forecast its arrival in 1975, predicting that paper would be on its way out by 1980 and dead by 1990. However, it’s almost 2017 and even with new and innovative digital technologies that enable us to operate in a highly connected world, the paper-light office is still far from our reality. Yet institutions from a variety of different sectors are leading the way when it comes to driving initiatives forward to going paperless and paper-light. For example, to address the need of approximately 12 million people in the UK that annually fill in a self-assessment tax form, plans have been put in place by the government to give individual digital accounts, aiming to allow more than 50 million individuals and small businesses to manage their tax affairs online. As a result, costs will be significantly cut by erasing expensive and laborious bureaucratic processes in the long-term, whilst fundamentally streamlining and simplifying intricate business services and applications.

November 21, 2016

Staples reveals winners of Tomorrow’s Workplace design competition ⁰

by Neil Franklin • Architecture, News, Workplace design

According to the winning entries of the Tomorrow’s Workplace design competition from Staples Business Advantage and Metropolis magazine, in 2021 the workplace may include inflatable pods set up in urban parks, or young professionals working alongside active retirees in a setting that resembles a small town more than an office building. The contest was hosted by Staples Business Advantage, the business-to-business division of Staples, and architecture magazine Metropolis. “The massive corporate office tower, usually a glass box with central air pumped in, is turning into the dinosaur from the 20th century,” said Susan S. Szenasy, publisher and editor in chief, Metropolis. “Workplaces will become more multi-generational and multi-functional, fostering communities in the process. With the many changes in how and where we work, one thing is sure—today’s office is not your father’s or mother’s office.”

November 15, 2016

Penson completes design for artful London HQ of financial services company SEI ⁰

by Mark Eltringham • Case studies, Company news, Workplace design

Financial services firm SEI has taken residence at a new London headquarters designed by Penson. Located in Finsbury Square, The Alphabeta Building is spread over three floors. The 6320 sq. m, office incorporates natural materials such as upcycled timber, bold red steel and colourful walls. The office is divided into individual hubs with meeting rooms, chill-out zones, kitchenettes and pods providing a balance between open and private spaces. The new HQ is also set to house part of the West Collection, a contemporary art collection owned by Alfred P. West, Jr., Chairman and CEO of SEI, and curated by his daughter. The works include sculpture, installations drawing, painting, and photography, many of which reflect an environmental theme.

November 14, 2016

Business association calls for action on high cost of childcare ⁰

by Mark Eltringham • Flexible working, News

The British Chambers of Commerce and Middlesex University, have published a new survey to gauge the opinion of business leaders on the cost and availability of childcare and its impact on the workforce. The survey of businesses claims that a third of firms (33 percent) regard the availability of childcare as a key issue in recruiting and retaining staff. The survey of more than 1,600 business leaders across the UK also claims that over a quarter (28 percent) of firms have seen a reduction of working hours by staff due to the cost of childcare, while nearly 1 in 10 (9 percent) have seen employees leave their business. Although the survey suggests that nearly 40 percent of businesses already view government plans to double the availability of free childcare next year as likely to have a positive impact on their business, the BCC is calling on government to go further. It says the administration should consider the costs and benefits of a universal entitlement up until school entry, which would help more firms retain and promote productive staff, and help working parents progress.

November 7, 2016

Global case for healthy green building provided ‘for first time’ ⁰

by Sara Bean • Company news, Environment, Facilities management

A global business case for healthy green building design and management has been provided ‘for the first time’ in a new report from the World Green Building Council with examples of the benefits to employers, building owners, designers and developers. The new report Building the Business Case: Health, Wellbeing and Productivity in Green Offices highlights ‘the global momentum behind healthy and green office design and operation’ and showcases over 15 buildings from around the world. The research provides further evidence in the ways that green offices keep staff healthy and happy, improves productivity and boosts business’ bottom line. Steps like improving air quality, increasing natural light and introducing greenery – those which typically have environmental benefits such as using less energy – may also have an impact on the bottom line by improving employee productivity and reducing absenteeism, staff turnover and medical costs, according to the report.

November 4, 2016

Corporate responsibility now essential to attract and retain millennials ⁰

by Sara Bean • Flexible working, News, Workplace

Corporate social responsibility is no longer seen as more than a nice to have, with those working within the built environment for example, appreciating the role it has in reducing greenhouse gases. But it is also being increasingly seen as a positive way of attracting and engaging the right talent. Now according to a new survey carried out in the US, meaningful engagement around CSR is becoming a business – and bottom line – imperative, impacting a company’s ability to appeal to, retain and inspire Millennial talent. Three-quarters (76 percent) of Millennials consider a company’s social and environmental commitments when deciding where to work and nearly two-thirds (64 percent) won’t take a job if a potential employer doesn’t have strong corporate social responsibility (CSR) practices, according to the 2016 Cone Communications Millennial Employee Engagement Study. Because the millennial generation are the most likely to blend their personal and working lives, it’s more important to them than other generations to view their job as a way to make a positive impact on society, the study suggests.

November 3, 2016

Quarter of staff off work with stress hide truth from employers ⁰

by Sara Bean • News, Wellbeing, Workplace

A startling number of people in the UK who are suffering from stress hide from their employers, according to new research from Aviva to mark National Stress Awareness Day. A quarter of people (25 percent) surveyed admitted taking a day off work with stress but then blamed it on a physical illness. Based on the current number of people working in the UK, it indicates that almost eight million people are suffering in silence. The data also suggests that a third of people (33 percent) have taken a day off work with stress at some stage in their career. 25-34 year olds were the most likely to have taken time off (46 percent) with those aged over 55 seemingly the least likely to need time away from work (25 percent). More than half of men (53 percent) who had taken a day off work with stress at some stage in their career said they had done so in the last year, compared to just a third of women (34 percent).

November 3, 2016

Employers worldwide are failing to keep senior female managers engaged ⁰

by Sara Bean • Flexible working, News, Workplace

Some of the world’s biggest and best-known companies have lower engagement than they should among senior-level women, claims a new report, which found significant engagement gaps in key areas, including mentorship, appreciation and cooperation with colleagues. Roughly three quarters of those surveyed for the rewards of an Engaged Female Workforce were found to have generated lower levels of employee engagement among female senior managers. The research from BCG looked at factors that contribute to engagement levels for more than 345,000 male and female employees across the world and found that in companies in the bottom three quartiles of overall engagement scores, the scores of women increase by just 4 percent from non-manager to senior manager level while men’s increase by a full 12 percent. The study also found that companies in the top 25% of overall engagement scores had virtually no engagement gap between senior female managers (4.5) and senior male managers (4.4 ) when scores are rated from 1 (very dissatisfied) to 5 (very satisfied).