Search Results for: Gen Z

Record take up in Northern Ireland office market amid concerns over future investment

Record take up in Northern Ireland office market amid concerns over future investment

City Quays mixed-use regeneration projectThe Northern Ireland office market had a record year in 2018, with a 100 percent increase in take-up, according to the latest figures from CBRE. The Northern Ireland (NI) office sector enjoyed its most successful year on record with 885,023 sq ft of take-up reported across 84 transactions, more than double that achieved last year. Notable office deals completed in 2018 included the PwC move to Merchant Square, Northern Ireland Civil Service at 9 Lanyon Place, Allstate at Mays Meadow, TLT at River House and Baker McKenzie at City Quays 2, which is part of Belfast’s City Quays mixed-use regeneration project. However, according to CBRE’s Real Estate Outlook report, the office market in NI is hampered by a severe lack of investment deals in the face of ongoing local, national and international political uncertainty. This means that while the real estate market in Northern Ireland generally has performed well in 2018, the investment sector experienced a decrease in activity as a resulting knock-on effect of the current political situation locally at Stormont as well as ongoing Brexit negotiations.

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Firms and their workers need to adapt more quickly to changing world of work

Firms and their workers need to adapt more quickly to changing world of work

Governments need to do more to help workers and firms adapt to the fast-changing world of work and drive inclusive growth, according to the new OECD Jobs Strategy. New evidence in the report claims that countries that promote job quantity, quality and inclusiveness – such as Denmark, Iceland, Norway and Sweden – perform better than those which focus predominantly on market flexibility. While flexibility and adaptability are essential to stimulate the creation of high-quality jobs in an ever more dynamic environment, the gains and costs need to be fairly shared between businesses and workers, according to the OECD.

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Workers say finding people with the right skills is biggest issue this year

Workers say finding people with the right skills is biggest issue this year

Workers say finding people with the right skills is biggest issue this yearOver half of workers (53 percent) believe that getting the right people with the right skills will be the biggest issue faced by their workplace in the year ahead. This is according to research published by Acas today, which commissioned YouGov to find out what UK employees identified as the most important workplace issues in the year ahead. The other two top issues identified were technological change (36 percent) and productivity (36 percent). Other issues identified by participants in the poll included fit and healthy staff (18 percent) and Equality and Fairness (17 percent).  Acas Chief Exec, Susan Clews, said: “Employees feel that getting workers with the right skills is a key concern in the year ahead. This could be attributed to uncertainty around our relationship with the EU at the moment or general concerns around skills shortages.

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No more blank slate, lots more workplace choice and some other stuff

No more blank slate, lots more workplace choice and some other stuff

The Christmas and New Year break can prove a burial ground for content. This is a shame because there is as much great stuff around at this time of year as any other. And just as much casual dross. The workplace sector retains its tendency to consume and parrot comfortable, simplistic narratives, in lieu of the challenging and nuanced ideas that tell us far more about who we are and where and how we work. Unsurprisingly Neil Usher was one of the first out of the gates in expressing a wish for something new for the New Year.

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Why new technology can still make employees happier, healthier and more efficient

Why new technology can still make employees happier, healthier and more efficient

New technology can still make employees happier and more efficient

For many years, we became used to new technology being treated with excitement. Essentially, people thought technology made their lives better. More recently this consensus has been tested. On a very practical level, there is growing concern about the impact of everyday technology. ‘Screen-time’ has become a byword for anxiety and disengagement from the real world. Meanwhile, there is trepidation about the impact of future technology, such as the automation of jobs. Whilst caution is needed, there is a danger that we are forgetting the many benefits technology can bring. As an example, look to the workplace. Already, offices are gaining hugely from technology that benefits employee wellness and productivity.  However, we have only just begun to feel its impact. A ‘fast’ office may sound like an oxymoron. A building isn’t going to win a 100-metre race. Yet fast offices, which allow employees to control their immediate environment, are becoming increasingly common.

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CIPD highlights gap between ‘fat cat’ top earners and the rest of the workforce

CIPD highlights gap between ‘fat cat’ top earners and the rest of the workforce

CIPD highlights gap between 'fat cat' top earners and the rest of the workforceJust three days into the New Year, today (Friday 4 January), the UK’s top bosses will have made more than a typical full-time worker will earn in the entire year, according to calculations from independent think tank the High Pay Centre and the CIPD. The average (median) full-time worker in the UK earns a gross annual salary of £29,574, while the average FTSE 100 CEO, on an average (median) pay packet of £3.9 million, only needs to work until 1pm on Friday 4 January 2019 to earn the same amount. The £3.9 million figure was calculated by the CIPD and the High Pay Centre in their 2018 analysis of top pay and it marks an 11% increase on the £3.5 million figure reported in their 2017 analysis. The pay increase means that FTSE 100 CEOs, working an average 12-hour day, will only need to work for 29 hours in 2019 to earn the average worker’s annual salary, two hours fewer than in 2018.

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The ten most read stories on Workplace Insight for 2018

The ten most read stories on Workplace Insight for 2018

We can’t help but feel that the world caught up with us a bit during 2018. We’ve been talking about the intersection of people, place and tech since we started up five years ago. Of course, we weren’t even the first to do this. As we’ve always acknowledged, we’re standing on the shoulders of the giants who first recognised what was happening a quarter of a century ago. Many of the ‘trends’ with which we are presented are nothing more than the crystallisation of ideas first expressed by people in the 20th Century. They seldom get their due.

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Are open plan workspaces truly evil or is this just fake news?

Are open plan workspaces truly evil or is this just fake news?

A recently published paper describing the results of an academic study by Ethan S. Bernstein and Stephen Turban[1], both of Harvard, has become another unwarranted casualty of the debate within our industry and in the mainstream media on ‘open plan’ offices versus anything else. The researchers conducted two controlled studies in different organisations before and after a workplace refurbishment from dedicated cubicles to dedicated open plan (benching) neighbourhoods, and concluded that face to face interaction reduced significantly, while email and other digital communications increased in the new environment.

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By Bailey and Insidesource merge to form global furniture dealership

By Bailey and Insidesource merge to form global furniture dealership

UK furniture dealer By Bailey has joined forces with US-based dealer Insidesource to create a first of its kind, global furniture dealership. The merger grew out of the need to offer high level service to international clients, especially those with a significant presence in North America and the UK. The boutique By Bailey studio was opened in 2015 by industry veteran – Mark Bailey, after he saw a niche in the market to provide high-end solutions for private offices and meeting rooms.

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Government continues with massive reduction in size of public sector estate

Government continues with massive reduction in size of public sector estate

Work to reduce the UK government estate has seen its size fall by 156,000 square metres over the past year. This makes the estate a third smaller than it was in 2010 – creating a saving in real terms of £760 million in running costs, according to the Government. Today’s State of the Estate report also claims that a further £750 million in capital receipts has been generated this year from the sale of over 400 sites, delivering a total of £2.4bn in capital receipts over the past three years. At the same time, vacant space across the government estate is just 1.4 percent, which is significantly lower than in the private sector, according to the report.

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How our body clocks affect our mental and physical performance

How our body clocks affect our mental and physical performance

Whether you’re a morning person or love burning the midnight oil, we’re all controlled by so-called body clocks. These body clocks (which regulate your circadian rhythms) are inside almost every cell in the body and control when we feel awake and tired during a 24-hour period. But as it turns out, our latest study found that our body clocks have a much bigger impact on us than we previously realised. In fact, our body clocks actually effect how well a person performs on both mental and physical tasks.

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ONS says Ill health and caring duties biggest barriers to work for older people

ONS says Ill health and caring duties biggest barriers to work for older people

Ill health and caring duties biggest barriers to work for older people says ONSThe two most important barriers to working for those in their 50s and early to mid-60s are health and caring; according to the latest analysis from the ONS. Living longer: Fitting it all in – working, caring and health in later life, advises that although people in their 50s and early 60s have a good level of general health the prevalence of health problems increases over this age range and impacts on the likelihood of being in paid work. Of those potential older workers who are out of work (but would like to work), 38 percent of men and 28 percent of women are unemployed. Women are more likely to be looking after home or family than men (19 percent and 6 percent). Over a third of people aged 50 to 64 years are out of work because they are sick or disabled – with ill health the main barrier to working for both men (37 percent) and women (35 percent).

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