Search Results for: financial services

UK leads the world in talent, but it needs the right culture in which to thrive

by • Comment, Technology, Workplace, Workplace design

London at nightWe should never take the UK’s talent base for granted. According to a new report from Deloitte, when it comes to employment levels of people in knowledge based jobs in high skill sectors such as digital media, banking, legal services, software development, telecoms and publishing, London is comfortably the world’s leading city. The study found that London employed 1.5 million people in the 22 sectors surveyed, compared with 1.2 million in New York, 784,000 in Los Angeles, 630,000 in Hong Kong and 425,000 in Boston. The report also predicts that London will enjoy rapid growth in employment levels in these sectors over the next seven years, adding around 100,000 more people and that while a decline in employment is foreseen in financial services, this will be more than offset by strong growth in creative and media businesses.

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Looking forward to Workplace Week; productivity and the connected organisation

by • Events, News

'High Street' at Network Rail's Milton Keynes base

‘High Street’ at Network Rail’s Milton Keynes base

There’s not much time to go before Workplace Week, which takes place from the 4th to 8th November. The annual workplace conference and fundraiser for Children in Need will include more than a dozen visits to offices in London and around the UK, a one-day convention and events staged by Kinnarps, ASOS, KPMG, Herman Miller and Colebrook Bosson Saunders. Site visits include to the public sector’s new generation of landmark buildings, Network Rail, RBS and Innocent Drinks. The theme of this year’s convention on the 5th November is Driving Productivity Through The Connected Organisation which will take place at PricewaterhouseCoopers’ offices. Speakers includes Keith Saxton, director of financial services at IBM Research; Johnny Dunford, global director of commercial property at RICS; and Liz Nottingham, Regional HR Director for Western Europe at Starcom MediaVest group.

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Employers should engage staff as active reputation builders in social media

by • News, Technology, Workplace

Employers should engage staff as active reputation builders in social media

Employers who discourage staff from spending time at work updating their status on Facebook or following twitter feeds would be better served in harnessing their social media habits to promote the organization according to an academic study. Joonas Rokka, Assistant Professor of Marketing at Neoma Business School, has published new research in the Journal of Marketing Management that shows how social media can accentuate the role of employee and corporate reputation management. According to findings drawn from multiple business sectors and different types of companies, the research claims that companies need to focus more on managing employees as active reputation builders and brand ambassadors in social media instead of conceiving them only as possible reputation risks. (more…)

Workplace Week announces details of visits to London Government buildings

by • Events, Facilities management, Flexible working, Public Sector

DfE London HQ

DfE London HQ

For the first time, Workplace Week includes visits to two Government offices, the Department for Education at Sanctuary Buildings in Great Smith Street (pictured) and the Department for International Development on Whitehall. The DfE is just a stone’s throw from the Houses of Parliament and boasts outstanding views of several major landmarks. The building is home to some 2,000 staff who work in a flexible environment with 7 desks for 10 people. The Department for International Development moved to its new London HQ, the oldest purpose-built office in London, at the beginning of the year. The DfID has created a modern, flexible environment which encourages collaborative working, whilst being sympathetic to the historic nature of the building.

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Full details of Workplace Week event are announced

by • Events, News

PwC More London Offices

PwC More London Offices

More details have been announced about this year’s Workplace Week, which takes place on 5 November at  PricewaterhouseCoopers More London building. Our support for the event means that Insight readers are offered discounted tickets. The event is organised by Advanced Workplace Associates in aid of Children in Need. The event includes a chance to visit some of the UK’s most innovative workplaces including RBS, Innocent Drinks and KPMG as well as convention and a series of Fringe events. Speakers include Johnny Dunford, global director of commercial property at RICS; Curtis McLean, founder of Innovation Places; Keith Saxton, director of financial services at IBM Research; Jessica Pryce-Jones, founder of the I-Opener Institute in Oxford; and Mark Sherfield, COO of global accountants BDO.

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Third of Europe’s large firms have already lost data through BYOD

by • Facilities management, Flexible working, News, Technology

gordian_knotBring Your Own Device remains the Gordian Knot of workplace technology. While firms have tried to label and co-opt the unstoppable propensity of employees to use their own devices for work as a way of cutting the business’s technology costs, they are paying in other ways. As we reported last week many remain unaware of the extent of the practice and of its potential to clash with company policy. Now, the full extent of the inevitable security breach inherent in either sanctioned or unsanctioned use of personal technology is becoming evident. According to a new report from Samsung, around a third of Europe’s largest companies have lost company and confidential data through the practice.

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Research reveals UK’s shrinking workplace space standards and regional disparities

by • Facilities management, Flexible working, Knowledge, Property, Workplace design

Alice growingThe latest Occupier Density Study from the British Council for Offices reveals that London and the South East of England have some of the most spacious workplaces in the UK, in spite of the fact that London has the most expensive office space on Earth. The BCO research found that the South West has the highest density at 8.6 sq. m. per workstation while London (11.3 sq. m.) and the South East (12.7 sq. m.) have lower densities than all UK regions apart from Wales (11.4 sq. m.). Yet recent research from Cushman and Wakefield has identified London as the world’s most expensive city to rent office space and a report last week from BNP Paribas revealed the large disparities in total occupancy costs between London and the rest of the UK.

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UKIP quip that women not competitive enough for business obscures real debate

by • Comment, Legal news, News, Workplace

UKIP comment on women not competitive enough for business obscures real debate

The comment by UKIP treasurer Stuart Wheeler that women are not competitive enough to merit a place in the boardroom grabbed all of the headlines from an important debate on the introduction of gender quotas on City boards. The news broke on the same day that employment body the CIPD issued a warning that businesses will continue to lose talented female workers if they don’t offer them a better work-life balance.  With research showing that around half of female managers choose not to return to work following maternity leave, how far should employers be going to retain female talent and encourage workplace diversity, and does gender equality really require a legislative stick? (more…)

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

by • Knowledge, News, Workplace

new megatrends could have dramatic impacts on the world of work

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.

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Infographic: how work related social media use varies by country, gender and sector

by • Knowledge, Technology, Workplace

A new survey from Microsoft has highlighted a widespread mismatch in the use of social media in a business context across regions and between gender and age groups. It also claims that firms should be more open to social media use and that their unwillingness to adopt them more openly is hampering personal productivity. In the survey conducted in conjunction with Ipsos, nearly half of employees report that social tools at work help increase their productivity, but more than 30 percent of companies underestimate the value of these tools and often restrict their use. An infographic of the survey’s main results can be found here.

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Report highlights changing occupier demands in City of London property

by • Knowledge, News, Property

City of London coat of arms by GuildhallA new report from DTZ has outlined the ways in which the City of London property market is changing in response to occupier demand. As has been revealed in previous recent surveys, one of the most significant factors is a shift in focus away from the City’s traditional financial services heartland towards the technology, media and telecoms (TMT) sector.  Other structural changes include greater demand for different types of facilities from law firms as the legal sector adjusts to developments in its own market. The broader base of tenants and the expected economic upturn will mean a gradual improvement in demand although the report concedes that even by 2017, the market will not have returned to its peak.

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Survey reveals rising confidence of UK workers

by • News, Workplace

JobsCompetitive pay and benefits are the most important requirements of a new employer, before job security, according to new research from recruiter Randstad. In 2012, 27 per cent of people said long-term job security was the most important factor in choosing to work for a specific company – more than any other issue, but this has now fallen to 16 per cent, the lowest it has been in three years. Mark Bull, Randstad’s UK CEO, said: “The UK’s workforce appears much more bullish. In 2011 and 2012 the number one priority for people was job security – now it is salaries and benefits.”

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