Search Results for: future of work

RICS announces standards to tackle unfair commercial property service charges

RICS announces standards to tackle unfair commercial property service charges

RICS standards aim to tackle unfair commercial property service charges

New mandatory requirements that will ensure service charges to commercial tenants are transparent, upfront and fair, and that any costs incurred are in accordance with the terms of the occupational leases, have been announced by RICS. The Institute, which has long called for a fairer and more professional approach to property management to help outlaw “rogue” landlords and managing agents says ‘Service charges in commercial property’ will help regulate the activities of landlords and their agents, whilst protecting tenants from having to pay for unscrupulous repair or maintenance costs. It has worked with major property bodies representing owners, occupiers and managing agents – including BPF, BRC, BCO, PMA, CoreNet, REVO, PMA alongside ICAEW and Law Society, the professional bodies for accountants and lawyers – to produce the recommendations that reflect the needs and opinions of landlords and tenants and the specific considerations of different sectors.

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Britain should make it easy for high skilled immigrants in the wake of Brexit vote

Britain should make it easy for high skilled immigrants in the wake of Brexit vote

The UK Government should restrict levels of  immigration by low-skilled workers after Brexit, but at the same time make it considerably easier for for medium-skilled and high-skilled workers from around the world, according to a new report from the Migration Advisory Committee. The detailed report was commissioned in July 2017 by Home Secretary Amber Rudd. Its main conclusion is that there is a great deal of hard evidence of the benefit enjoyed by the UK as a result of the migration of highly-skilled migrants and that future policy should reflect this. The study published today, Tuesday, is expected to have a significant effect on the contents of the government’s immigration white paper, due for publication later this year. The report’s conclusions closely match the policy proposals that Home Office officials have outlined to immigration specialists. However, no special preference would be given to EU citizens in the UK’s future immigration system post-Brexit.

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Crown Estate HQ becomes first office in Europe to achieve WELL Platinum Certification

Crown Estate HQ becomes first office in Europe to achieve WELL Platinum Certification

The Crown Estate has announced that it has been awarded WELL Certification at the Platinum Level for its head office at No 1 St James’s Market, London by the International WELL Building Institute. The Crown Estate earned the distinction based on seven categories of building performance—air, water, light, nourishment, fitness, comfort and mind—and achieved a Platinum level rating.

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Nearly half of employees worldwide could do their jobs in 5 hours or fewer each day

Nearly half of employees worldwide could do their jobs in 5 hours or fewer each day

According to a global survey of nearly 3,000 employees across eight countries conducted by The Workforce Institute at Kronos Incorporated, nearly half (45 percent) of full-time workers say it should take less than five hours each day to do their job if they worked uninterrupted, while three out of four employees (72 percent) would work four days or less per week if pay remained constant. Yet, 71 percent of employees also say work interferes with their personal life.

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A new era of technology could resolve UK low productivity at last

A new era of technology could resolve UK low productivity at last

A new McKinsey study sets out to address the reasons why the United Kingdom experiences chronically low productivity and what can be done to use technology to improve its performance. In the report, Solving the UK’s productivity puzzle in the digital age, the authors argue that “Britain stands out as one of the worst productivity performers among its peers”. They argue that there are four distinct reasons for the weakness since the economic crisis: “boom and bust” in the financial sector, the strength of employment growth, weak investment and uneven “digitisation”.  It claims that the UK is operating at only 17 per cent of its digitisation potential, indicating how much scope for improvement there is.

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Gig economy growing but employers should continue to cultivate in-house talent

Gig economy growing but employers should continue to cultivate in-house talent

As gig economy grows employers should continue to cultivate in-house talentThe number of “gig economy” professionals working in organisations is growing and this trend is expected to continue, a survey by Korn Ferry has claimed. More than half (60 percent) of HR professionals say that compared to three years ago, gig workers now make up a larger percentage of their professional workforce, and 42 percent say they plan on hiring more contingent workers in the future. The reasons, according to the survey, include cost savings, access to high-calibre talent and ease of managing gig economy professionals. Despite the fact that many gig professionals work remotely, 67 percent of the HR professionals surveyed say they are confident they know what the gig professionals are doing on a day-to-day basis, and 42 percent say these contingent employees are easier to manage than full-time employees. However, according to Jeanne MacDonald, president of Global Talent Solutions for Korn Ferry’s RPO and Professional Search Business,  organisations should proceed cautiously and ensure they continue to cultivate in-house talent.

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More flexibility needed to attract non EU migrants, as UK faces skills shortage

More flexibility needed to attract non EU migrants, as UK faces skills shortage

The CIPD is calling on the government to ease restriction on immigrants from non EU countries, in the wake of the publication of new official figures which show how the number of EU citizens moving to the UK has decreased over the last year. Earlier this month, the CBI issued a similar plea as fears mount over the impact of Brexit on the UK’s skills base.

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The Fourth Industrial Revolution will be the most disruptive yet, senior economist predicts

The Fourth Industrial Revolution will be the most disruptive yet, senior economist predicts

The rise of artificial intelligence and automation will create a Fourth Industrial Revolution that will be be significantly more disruptive than the three previous industrial revolutions, according to the Bank of England’s chief economist. According to Andy Haldane, the transformation caused by automation of cognitive skills had the potential to have a greater impact than Britain’s first industrial revolution, when coal and steam changed the country, the second industrial revolution which brought chemical engineering and the combustion engine, or the widespread use of computers in the 20th and 21st centuries.

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Majority of employees see digital data as way of being snooped on by their boss

Majority of employees see digital data as way of being snooped on by their boss

Majority of employees see digital data as way of being snooped on by their bossAs we recently reported, facilities management is more data driven than ever, with the use of data analytics being used to measure costs and performance. This is why the increasingly sophisticated ways in which workplaces can be monitored; from the footfall in the washrooms to the level of desk usage has been welcomed by employers, but a new survey suggests digital data gathering is making staff feel uneasy. A new report published today by the TUC looks at the phenomenon from the perspective of workers’ experiences and found that 6 in 10 workers fear that greater workplace surveillance through technology will fuel distrust. The study reveals that most UK workers (56 percent) believe they are currently monitored by their boss at work and worry that this ‘surveillance data’ will be used by bosses to set unfair targets, micromanage them and take away control and autonomy.

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Facilities managers are smarter and more data driven than ever

Facilities managers are smarter and more data driven than ever

Facilities managers are responding to a range of macro influences such as changing demographics, the uptake of flexible working, new technology and social change by adopting a new way of looking at the workplace, claims a new report from CBRE.  The report claims to identify the major trends in facilities management, most important that people increasingly want to choose where and when they work and the effect this has on the physical workplace and its features, services and technology.

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UK labour and skills shortages set to increase as number of EU nationals fall

UK labour and skills shortages set to increase as number of EU nationals fall

Labour and skills shortages in UK set to increase as number of EU applicants fall

A noticeable fall in the flow of EU nationals into the UK has coincided with a drop in the quantity and suitability of job applicants being reported by employers, the latest quarterly Labour Market Outlook from the CIPD and the Adecco Group has revealed. The data suggests that while the short-term outlook for employment remains strong, labour and skills shortages are finally starting to bite, with evidence that the number of applicants per vacancy has dropped across all roles (low, medium and high-skill) since summer 2017. This strong demand for labour is finally increasing recruitment pressures for employers, exacerbated by a ‘supply shock’ of far fewer EU nationals coming into the UK. According to the latest official data, the number of EU-born workers in the UK increased by just 7,000 between Q1 2017 and Q1 2018, compared with an increase of 148,000 from Q1 2016 to Q1 2017. This represents a fall of 95 percent and has fed into a tightening of the labour market. The report also found that while wage growth for the wider workforce is set to remain at around 2 percent for the foreseeable future, new starters and key staff may be more likely to be getting a salary increase.

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How will Crossrail impact the office landscape of London and beyond?

How will Crossrail impact the office landscape of London and beyond?

We are now just a few months away from the grand opening of the central section of Crossrail, the 118km long railway line spanning London and the South East which will, once completed, will deliver a direct connection between all of London’s main employment centres; linking Heathrow with Paddington, the West End, the City and Canary Wharf. This ambitious redevelopment plan will bring huge positive change to the City and is estimated to generate over 850,000 new jobs in the Capital, as well as making the lives of those already working in London easier and more efficient.

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