February 18, 2020

Outer-city coworking cuts carbon and commuting

Each flexible coworking space created in a smaller town or suburban area reduces carbon emissions by an average of 118 tonnes a year thanks to shorter commutes, an international study has claimed. By allowing people to work closer to home, one coworking space saves the employees based there a total of 7,416 commuting hours per annum on average, the research by independent economists commissioned by Regus says. This not only helps businesses to reduce their carbon footprint but can improve employees’ wellbeing and work-life balance. (more…)

February 18, 2020

More women on boards but progress remains slow

by Jackie Le Poidevin • News, Workplace

Slow progress is being made towards more women on boards across Europe and less gender pay disparity, a study has suggested. According to Korn Ferry’s latest ‘Non-Executive Directors in Europe’ report, the proportion of women on boards increased to 34 percent in 2019, up from 32 percent in 2018 and 30 percent in 2017. The number of committees without any female directors fell, with 19 percent of audit committees (down from 24 percent) and 25 percent of remuneration committees (down from 29 percent) being all male. (more…)

February 18, 2020

London office rents to rise due to “Boris bounce”

by Jackie Le Poidevin • News, Property

Rents for new, Grade A office space are likely to rise in many parts of London this year, a property consultancy has predicted. According to Carter Jonas, rents for prime located, new, mid-rise, Grade A space above 5,000 sq ft will typically increase by £1.50 – £2.50 per sq ft per annum by the last quarter of 2020 across most of the London office sub-markets. The forecast increases are being underpinned by continued low vacancy rates and unexpectedly strong demand as business confidence increases following the general election. (more…)

February 14, 2020

Six in ten workers worry about disappointing boss

by Jackie Le Poidevin • News, Working culture

Nearly six in 10 British workers (58 percent) worry about disappointing their manager, with more than a third (36 percent) saying they rely on praise from their boss to help boost their confidence at work, a survey has claimed. CV-Library surveyed over 2,000 UK professionals for the study, which also suggests the younger generation are most likely to worry about letting their boss down (83 percent of under 18s and 62 percent of 18-24 year olds), while only 53 percent of 55-64-year olds are concerned about this. (more…)

February 14, 2020

Watchdog raises concerns at councils` commercial property investments

by Neil Franklin • News, Property

Some local authorities in England have invested significant public money in buying commercial property over the past three years with the aim of generating a financial return. Debt has increased for many of these authorities as a result, with a small group seeing significant increases in the amount they owe and the cost of repayment, according to the National Audit Office (NAO). (more…)

February 13, 2020

Third of freelancers plan to stop contracting in UK due to IR35

by Jackie Le Poidevin • Flexible working, News

Nearly a third of freelancers are planning to stop contracting in the UK because the changes to IR35 due in the private sector in April, research has claimed. One in seven freelancers (13 percent) plan to find contracts abroad, 11 percent plan to stop working or retire early and 8 percent plan to move into employment, according to IPSE (the Association of Independent Professionals and the Self-Employed). Half of the freelancers surveyed also said they will only continue freelancing if they can find contracts to which the new off-payroll working rules do not apply. (more…)

February 12, 2020

Workplace leaders must adapt to a new technological reality

by Brian Kropp • Comment, Technology, Workplace

I speak with senior workplace leaders daily and those conversations, coupled with our research and that of other people, offer us a striking perspective on the trends and changing nature of the workplace and in particular the impact of technology. Some themes are cropping up time and time again in these conversations and research and point to a new technology-led reality that we must all address. (more…)

February 12, 2020

Public sector must be more open on AI, says watchdog

by Jackie Le Poidevin • News, Technology

The public sector must uphold high standards of conduct when adopting AI, a report from the Committee on Standards in Public Life has concluded. The committee does not believe a new AI regulator or major legal change are necessary but it does have concerns about lack of openness, lack of accountability and data bias. (more…)

February 12, 2020

Two fifths of workers hide health issue from boss

by Jackie Le Poidevin • News, Wellbeing

More than 40 percent of workers have a hidden health issue they’ve never disclosed to their employers, with younger employees the most likely to withhold information from their bosses, according to new research. A survey of 1,000 employees, carried out by healthcare provider Benenden Health, revealed 63 percent of respondents aged 23 or under and 60 percent of 24-38-year-olds surveyed haven’t told their employers about a health issue. This is compared to 35 percent of respondents aged 39-54 and 18 percent of those aged 55 or over. (more…)

February 10, 2020

Majority of people living in poverty are in a working family

by Neil Franklin • News

More than half of the people in the UK classified as living in poverty are members of a working family. According to the Joseph Rowntree Foundation’s state of the nation report on poverty in the UK, poverty has risen for children and pensioners over the last five years. Although employment has increased, in-work poverty has also gone up because often people’s pay, hours, or both are not enough. (more…)

February 7, 2020

IR35 pushes freelancer confidence to six-year low

by Jackie Le Poidevin • Flexible working, News

Two surveys have highlighted continuing fears among freelancers about the changes to the IR35 rules due to take effect in April. The reforms will shift the responsibility for defining contractors’ tax status from the individual to the employer to crack down on so-called ‘disguised employment’, where off-payroll workers are able to pay less tax than employees. However, concerns have been raised that the rules could force organisations to bring genuine contractors and freelancers on to the payroll, reducing flexibility for both parties. (more…)

February 6, 2020

End of Brexit uncertainty boosts London commercial property market

by Neil Franklin • News, Property

London is set for an increase in commercial property investment in 2020 as international investors target the capital’s high-yielding office market, following the decisive 2019 UK General Election result. According to the latest research from Knight Frank, investors have increased the total capital targeting London commercial assets to £48.4bn, a 21 percent rise on 2019 and £2bn higher than 2018. However, with just £2.3bn of buildings for sale, investors will face strong competition, which is expected to drive values higher in 2020. (more…)