Search Results for: flex

The global tension between cost and talent in corporate real estate

The global tension between cost and talent in corporate real estate 0

TightropeConcerns over the health of the global economy, workforce strategies and rising costs and pace of business are heavily influencing real estate decision-making for major corporations, a new survey by CBRE of global corporate real estate executives claims. More than 400 respondents from around the world participated in the survey. Nearly half (49 percent) cited economic uncertainty as their greatest challenge, while 43 percent identified it as cost escalation. Forty-eight percent projected a stable real estate footprint for this year. Seventy-nine percent stated that they are actively using space-efficiency initiatives to manage costs, combining ‘ground-up workplace strategies with top-down cost management initiatives’. Workplace strategies are also driven by initiatives that aim to improve collaborative working and enhance a firm’s pool of talent as well as address other workplace issues such as wellbeing and work life balance.

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Dramatic rise predicted for the number of UK men working part-time

Dramatic rise predicted for the number of UK men working part-time 0

Flexible workingAs we reported yesterday, just 1 percent of working men have availed themselves so far of the right to Shared Parental Leave (SPL) but it seems this doesn’t necessarily mean that men don’t want to adopt more flexible working patterns. A new report, Working Futures, published by the UK Commission for Employment and Skills (UKCES), projects that the number of part-time male workers is set to increase by 20 percent by 2024 – nearly three times more than the projected growth in part-time female workers (7 percent), and this growth is particularly significant for men in professional or management roles, where an increase of 25 percent is projected. This marks a substantial change in the working patterns of men in highly paid, highly skilled roles. Women by contrast are set to become more career focused – with a rise of 7 percent in the number of women working full-time, compared to just 3 percent for men.

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Just one percent of men have taken-up UK’s shared parental leave right

Just one percent of men have taken-up UK’s shared parental leave right 0

Parental leaveOne year on from its launch and it’s emerged that just 1 percent of men have so far taken up the opportunity of Shared Parental Leave (SPL) while over half (55 percent) of women say they wouldn’t want to share their maternity leave rights. The main reasons why men have chosen not to take up SPL are financial affordability, lack of awareness, and unwillingness from women to share their maternity leave. A combined survey of over 1,000 parents and 200 businesses (HR Directors) from My Family Care and the Women’s Business Council found that taking up SPL was very much dependent on a person’s individual circumstances, particularly on their financial situation and the paternity pay on offer from their employer. It found that 80 percent of both men and women agreed that a decision to share leave would be dependent on their finances and their employer’s enhancement of SPL.  More →

Rise in number of virtual employers with remote teams of workers

Rise in number of virtual employers with remote teams of workers 0

Virtual workersWhen, where, and how people work has changed dramatically over the last ten years – telecommuting has grown 103 percent over in the US and an estimated that 50 percent of people will work remotely by 2020. While many companies have begun to integrate remote work, there is a growing trend for firms to fully embrace remote work as an integral part of their business. Virtual companies that operate with fully or heavily distributed workforces now come from many industries, including accounting, health, law, marketing, non-profit, news/media, sports, travel and others. However the best sectors to find a remote post are in Computer/IT, HR/Recruiting and Education; according to the third annual list of virtual companies compiled by FlexJobs. The diversity of companies represented in this year’s list, demonstrate that the remote work model can be applied regardless of company size and/or industry.

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Scientific management and the enduring love of the open plan office

Scientific management and the enduring love of the open plan office

PanopticonThere are many reasons why organisations like open plan offices. When it comes to making the business case for them however, firms prefer to talk about some more than others. So while they prefer to focus on the argument in terms of how openness can foster better lines of communication, collaboration, teamwork and team spirit, they talk rather less about the fact that the open plan is a lot cheaper than its alternatives and how they like it because it allows them to keep an eye on what people are doing. In theory, a great deal more of this surveillance now happens electronically so the need for physical presence should be less pressing, but the residual desire to see with one’s own eyes what people are doing remains. This is the instinct that constrains the uptake of flexible working and also means that there is a hierarchical divide in who gets to decide where they work.

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BIFM launches new guide to construction and design processes

BIFM launches new guide to construction and design processes 0

BIMThe British Institute of Facilities Management (BIFM) has launched its new ‘Operational Readiness Guide: A guide to ensuring long term effectiveness in the design and construction process’. The guide aims to ‘equip facilities management professionals with the skills, knowledge and guidance to effectively engage at each stage of the design and construction process to deliver greater value to the end user organisations that occupy the buildings.’ Its launch coincides with the first day that centrally procured public sector projects in the UK will require the implementation of Building Information Modelling (BIM) at Level 2. The authors claims that in order for FMs ‘to deliver long term effectiveness and relevance for the end user facilities management professionals need to be engaged from the start and learnings and insights from operators applied to close the gap between building design and performance’.

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HS2 & Fourth Industrial Revolution + Digital natives + FM outsourcing rise 0

Insight_twitter_logo_2In the latest Insight Newsletter; Richard Morris questions why the UK still persists with the 9-5 mantra; Sara Bean argues HR must treat people like humans, not resources; Mark Eltringham says the construction of the HS2 high speed rail line ignores the fact that technology is fast negating its very existence and wonders why the woefully anachronistic and dated Display Screen Equipment regulations are still in use. News that the outsourcing of real estate and facilities management has hit record levels; flexible working is the key to Hong Kong’s record number of startups; firms are betting on millennials to plug their digital knowledge gaps and worklife balance is a major draw for US workers. Download our Insight Briefing, produced in partnership with Connection, on how the boundless office can be freed from the shackles of time and place and access the latest issue of Work&Place. Visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Isn’t it time that UK businesses thought more like the Scandinavians?

Isn’t it time that UK businesses thought more like the Scandinavians? 0

SunriseThe clocks went forward on 27th March meaning darker mornings and lighter evenings – at least for a time.  But the standard working day doesn’t reflect such changes, with commuters setting out in darkness to make a fixed 9am start. The changing of the clocks raises interesting questions about the UK work model. Why does UK business persist with the 9-5? We know that commuting in and out can be stressful and detrimental to productivity – not to mention expensive. So why do we continue to do it? Why is the UK’s workforce all boarding the same trains to arrive at the office at the same time? Today, the very notion of the 9am start to the working day should seem archaic. Sweden – often a forerunner of best practice when it comes to wellbeing – recently introduced a 6-hour working day in a bid to reduce sick leave and make staff happier.  To date, there has been no hard analysis of results, but anecdotal evidence suggests a healthier, more engaged workforce.

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Career satisfaction and work-life balance are top employee draws

Career satisfaction and work-life balance are top employee draws 0

CaptureAlthough a competitive salary, company perks and an exceptional office culture may seem enticing to the American workforce, a new study shows there are more important motivational factors. A survey conducted by Kelton Global for Cornerstone OnDemand reveals that career satisfaction and work-life balance are the top reasons American stay at their current jobs (38 percent combined), while nearly three in ten (29 percent) resign due to work overload and lack of healthy work-life balance. Employees said they’d make life-altering decisions and considerable sacrifices in order to find a sense of satisfaction, fulfillment and purpose in their careers. In fact, 89 percent of employees would consider making a lateral career move with no financial incentive for multiple reasons, including to start an entirely new career (41 percent) or take on a professional challenge (40 percent). Additionally, relocating to a different city, state or country is a desirable career move for 77 percent of employees. More →

Coworking spaces not just suited to start-ups with Millennial occupants

Coworking spaces not just suited to start-ups with Millennial occupants 0

WeWork San FranciscoThe rise in popularity of coworking spaces has been largely attributed to growing demand from creative and tech start-ups for shared workplaces that are cost-effective alternatives to traditional office leases. But there’s new evidence from the US that coworking spaces could also be eminently suitable even for larger occupiers, and especially in costly metro areas such as New York, San Francisco, Los Angeles and Boston. According to a new report from CBRE Group a number of misconceptions that have perhaps kept larger occupiers away from extensive use of coworking facilities do remain, including that this type of space is priced at a premium compared with traditional leases; that it is only utilized by entrepreneurs and small businesses; and that the users are exclusively post-college millennials. Yet CBRE’s report found that these assumptions are not accurate.

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Is discrimination of women with children the root cause of gender pay gap?

Is discrimination of women with children the root cause of gender pay gap? 0

Measuring the gender pay gapTwo reports published this week support the argument that it is when women have children and require more flexible hours, that they really start to feel the sharp end of the gender pay gap. A report by a cross party group of MPs on the Women and Equalities Select Committee, reveals that supporting men and women to share childcare and other forms of unpaid caring more equally would be one of the most effective policy levers in reducing the gender pay gap. Without this support, many women are trapped in low paid, part-time work below their skill level. This contributes to pay disparities and the under-utilisation of women’s skills that costs the UK economy up to 2 percent GDP, around £36 billion. It also found that not enough is being done to support women returning to work if they have had time out of the labour market. Meanwhile a report from the Equality and Human Rights Commission says that three in four working mothers experience maternity discrimination.

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Technology firms will determine the future of real estate, claims report

Technology firms will determine the future of real estate, claims report 0

future of real estateThe future of real estate will be shaped by the confluence of technological and physical infrastructure, the growth of flexible working, shrinking lease lengths, a shift in focus away from location and the changing expectations of occupiers. These are the key and perhaps unsurprising conclusions of a new report from KPMG. One of the most intriguing findings of the New Foundations report is that the widespread application of data analytics and the growing number of occupiers who will use office space as a service will lead to a greater degree of collaboration between property and technology firms to offer space to clients. Although property firms may still take the lead, the report suggests that ‘serviced office models are just the beginning of this trend and specialist companies will emerge to scale up and manage these income streams. These might be joint ventures between existing property owners and technology providers.’