Search Results for: self employed

The global uberification of commercial property and the workplace

The global uberification of commercial property and the workplace 0

uberificationTechnology doesn’t just transform the world, it reshapes our language. So, we all need to get used to the word uberification as well as the idea of it. Based on the success of the on demand taxi service Uber, the word refers to the way a product or service becomes available to customers on demand via the Internet. Customers book a service only at the point of consumption. This represents an entirely new commercial model and is the defining characteristic of the new 21st Century economy. Uber may have provided the tipping point, going from start up to market valuation of $66 billion in just 7 years, but its success has given us a name for a process that is reshaping businesses and customer experiences across the entire economy, including in the commercial property sector.

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Freelancers are thriving on both sides of the pond, but have politicians noticed?

Freelancers are thriving on both sides of the pond, but have politicians noticed? 0

freelancersTwo new reports that highlight the growth of the freelance and self-employed workforce in both the UK and US also suggest that politicians and civil servants in both countries have little real understanding about the changing nature of work. According to the UK government’s regular Business Population Estimates report, the number of private sector businesses is at an all-time high, around 5.5 million, up by a million since 2010. Yet the report fails to distinguish between freelancers, the self-employed and traditional SMEs, except to omit firms that are too small to pay VAT from its numbers. The trade association IPSE estimates that there are some 4.6 million self-employed and freelance workers in the UK, yet the BPE report does not account for the overlap in numbers. Even within the BPE’s own numbers, there are suggestions that its conclusions do not match the data. The annual growth in non-employing businesses outstripped those who employed others by a factor of 6:1 and 76 percent of businesses did not employ anyone aside from the owner. And the growth comes despite the fact that the self-employed in the UK now earn marginally less than they did 20 years ago.

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HSBC moves 300 staff into coworking space in Hong Kong

HSBC moves 300 staff into coworking space in Hong Kong 0

tower-535-coworking-12The idea that coworking is primarily for the self-employed, tech startups and other small firms who can’t afford permanent offices in the world’s expensive cities has been challenged with the news HSBC has moved 300 staff into a coworking space in Hong Kong, according to a report in the South China Morning Post. The bank has rented the workstations in WeWork’s space in Causeway Bay, one of the world’s most expensive districts for offices and shops. The bank has taken out a large scale corporate membership with WeWork for the 300 members of its digital and transformation team. According to the report, a spokesman from CBRE claimed that the move is less about saving money than it is with providing short term flexibility in a time of economic uncertainty. However you view that, the bank is saving as much as HK$2.45 million a month with the move (£240,000 or $320,000). The annual cost savings are estimated at HK$23,640 per person.

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The gig economy must be harnessed to address skill shortages and uncertainty

The gig economy must be harnessed to address skill shortages and uncertainty 0

gig economyThe legal status of  people working in the gig economy must be clarified so that businesses and individuals can thrive, according to a new report from the Recruitment & Employment Confederation (REC).  Gig economy – The Uberisation of Work (registration needed) explores the impact of digital work platforms such as Upwork, Task Rabbit and Freelancer.com, which act as ‘marketplaces matching freelancers with a wide range of project-based work’. The report suggests that almost a third of all UK employers will  use these kinds of digital work platforms by 2021. The REC has called on policy-makers to ensure that the gig economy is fair to self-employed workers and businesses, and to secure benefits for the UK wider economy. The report claims that this will become increasingly important as the gig economy becomes more mainstream, adding £45 billion to the UK economy and creating work for 766,000 people.

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Large scale study finds link between mental health and workaholism

Large scale study finds link between mental health and workaholism 0

workaholismA new large scale study from Norwegian researchers finds that workaholism is closely associated with a range of mental diseases and psychiatric disorders. Although the link has been the subject of speculation and study, the authors claim that the new research is one of the few large scale, academic studies into the subject and so comes up with unequivocal results. The study of  16,426 Norwegian subjects in The Relationships between Workaholism and Symptoms of Psychiatric Disorders found that workaholism is significantly related to psychiatric conditions such as adult ADHD, OCD, clinical anxiety and depression. The web-based survey assessed the mental health and workaholic characteristics of subjects and used statistical analysis to establish a correlation. It concludes that while disorders can be put in part down to demographic and other factors, the ‘correlations between workaholism and all psychiatric disorder symptoms were positive and significant’.

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While politicians squabble, here’s what the Budget meant for the workplace

While politicians squabble, here’s what the Budget meant for the workplace 0

Bash streetStrange as it may seem now, there was a Budget last week. We’d planned to produce a report on it once the dust had settled but given that whatever dust had originally been kicked up has now been swept away by a political storm, it’s only now we feel able to offer some perspective a few days out. As ever these days, the budget touched on a number of aspects of the workplace, sometimes hitting the mark and sometimes suggesting politicians don’t yet understand how people work. There was the usual stuff about rates and commercial property but also plenty to digest about the freelance economy, productivity, new technology, flexible working legislation and the current, often faltering attempts to develop wealth and infrastructure as well as the 21st Century creative and digital economy in places other than London. There’s plenty to digest here and plenty of people have already had their say, so a chance to grab a coffee and take all or some of it in.

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Report sets out challenges for rapidly changing Australian workplace

Report sets out challenges for rapidly changing Australian workplace 0

Digital workingWhen it comes to innovation in workplace design and management, there are few countries in the world quite so forward thinking as Australia right now. Even so, Australia’s workers, firms and legislators remain under-prepared for the rapidly changing world of work, according to a new report from the Commonwealth Scientific and Industrial Research Organisation (CSIRO), a Government funded research agency. Many of the trends outlined in the report will be familiar to readers of Insight. Over the next twenty years, it claims that around half (44 percent) of all jobs will be subject to computerisation and automation. Over the same period, it suggests that the majority of people will become active in the gig economy, many of them based in shared coworking spaces. The report also suggests that while Generation Z will be faced with the highest degree of change, an ageing population presents its own challenges.

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‘Ghosting’ employers + Office buildings still relevant + Millennial engagement

‘Ghosting’ employers + Office buildings still relevant + Millennial engagement 0

Insight_twitter_logo_2In this week’s Insight Newsletter; Darren Bilsborough on why office location is as important as design; Mark Eltringham says ‘ghosting’ an employer in the manner of the Spanish civil servant who hadn’t turned up to work for six years, is more common than you’d think; how office design is in the beauty of the beholder and why the office property market continues to thrive, despite rumours of its demise. A new report finds dysfunction at the heart of the public sector workplace; the government largely ignores the self-employed; younger workers are more engaged than the middle aged; RIBA consults on the future of its HQ; and many UK commercial buildings are failing to meet energy standards. Download the latest issue of Work&Place and access an Insight Briefing produced in partnership with Connection, which looks at agile working in the public sector. Visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

The six things all people need from their workplace

The six things all people need from their workplace 0

Herman Miller workplaceWhether we like it or not, we all have to work for some, or more usually, most of our adult life. During this time, many of us will work in an office, which is a place that has changed immensely – not only in the last ten years or so, but almost entirely since the start of the twentieth century. The management structure and style of companies, the tools available to the workforce, and the places within the office buildings have been changing and evolving. There has been a shift from hierarchical management structures to a more diverse and organic model. The tools of work have changed from the humble typewritten letter and Bakelite telephone to 24/7 access to emails though laptops and smart phones. And finally the workplace itself has evolved from one with enclosed offices for the senior managers, or a sea of cubicles to workplaces that encourage creativity and collaboration.

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Seven essential workplace design trends to keep an eye on during 2016

Seven essential workplace design trends to keep an eye on during 2016 0

Workplace design trendsWhat has become increasingly apparent over recent years is that the office isn’t just a place to work, but also a driver of competitive advantage. We’ve always known this to a greater or lesser extent, but the dynamic and ever shifting nature of the modern world is presenting organisations with new and evolving challenges that they must address with all of the tools at their disposal. At the heart of this complexity is the physical workspace. Its design touches on every aspect of the changing workplace and the objectives organisations set for themselves and their employees. Although it has lots its primacy as the main place of work, you could also argue that the focus on the office’s key strengths makes it more important than ever within the context of overall working cultures. So, with that in mind, here are ten of the most important current trends in workplace design and management we foresee for 2016.

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SMEs appreciate flexibility and freedom of running their own business

SMEs appreciate flexibility and freedom of running their own business 0

RICS launches guidance for small businesses on managing propertyThe latest ONS employment figures indicate that the boom in self-employment appears to have ended, as the number of self-employed people has fallen for the first time since before the recession. Yet those who’ve successfully started their own businesses have something to celebrate. According to a report from AXA PPP, SME owners appreciate the greater flexibility (58 percent) and the greater freedom (37 percent) that owning a business gives them. Seventy per cent of owners also said they are proud, inspired, content or fortunate to own their own business, highlighting the positive effects that having control over your working life can bring. More than a third (35 percent) admitted they could delegate more to improve the way they manage their business – with nearly half (47 percent) of business owners reporting that the pressure of work spills over into their home life.

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US sees biggest jump in working from home since 2008, claims study

US sees biggest jump in working from home since 2008, claims study 0

working from homeAccording to an analysis of the just-released 2014 American Community Survey (ACS) conducted by GlobalWorkplaceAnalytics.com, approximately 3.7 million US employees (2.5 percent of the workforce) called home their primary place of work in 2014. This represents a 6.5 percent increase and the largest year over year growth in the number of people working from home since before the recession. The ACS data is based on a nationwide survey of answers to the question “What was your primary means of travel to work during the survey week—’Worked at Home’ is one of the choices. The count only includes those who work at home at least half of the time. According to Global Workplace Analytics far more people work at home on a less frequent basis and many work in “third places” such as coffee shops, co-working facilities, libraries, and just about anywhere there’s an internet connection.

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