Search Results for: workforce

JLL claims it has unveiled the first GPT model for commercial real estate

JLL claims it has unveiled the first GPT model for commercial real estate

JLL offices London

JLL has announced the launch of JLL GPT, which it claims is the first large language model purpose-built for the commercial real estate sector. Developed by JLL Technologies, the firm claims the bespoke generative artificial intelligence (AI) model will be used by its 100,000 plus workforce around the world to provide CRE insights to clients in what it believes will be a whole new way. JLL’s extensive in-house data will be supplemented with external CRE sources, and the company plans to offer made-to-order solutions to clients later this year. More →

Cost of living crisis and other employee concerns are top risk concerns of businesses

Cost of living crisis and other employee concerns are top risk concerns of businesses

The managers and owners of firms across the UK now believe that the cost of living crisis is the top risk to their business, closely followed by a range of employee related issuesThe managers and owners of firms across the UK now believe that the cost of living crisis is the top risk to their business, closely followed by a range of employee related issues, according to a new poll. Employee related risks in the top five include lack of skilled talent, employee retention and cost of salaries. Despite the cost of materials continuing to rise over the last 12 months, this risk has dropped back from first place in 2022. Risks relating to debts, late payments and fraud all make an appearance in the top ten for the first time. More →

Office lease lengths may be decreasing but majority of firms will increase their footprint

Office lease lengths may be decreasing but majority of firms will increase their footprint

office lease lengths has fallen to the lowest on record and that vacancies rates had soared, office designers Unispace are suggesting firms should be wary of making 'rash decisions' regarding their office footprintResponding to reports from property management platform, Re-Leased, that UK office lease lengths has fallen to the lowest on record and that vacancies rates had soared, office designers Unispace are suggesting firms should be wary of making ‘rash decisions’ regarding their office footprint over the long term. A study published by the firm – Returning for Good – which surveyed 9,500 employees and 6,650 employers from 17 countries worldwide – claims that while employees in the UK spend the least amount of time in the office compared to any other country, there is an expectation that this will increase as workers face limited access to career progression opportunities while working remotely. More →

The office no longer provides ‘separation between life and work’, remote work survey claims

The office no longer provides ‘separation between life and work’, remote work survey claims

office workers are experiencing the highest levels of burnout and lowest levels of happiness and job satisfaction when compared to remote and hybrid workersA new poll from IE University,  the WorkAnywhere campaign and Remote claims that office workers are experiencing the highest levels of burnout and lowest levels of happiness and job satisfaction when compared to remote and hybrid workers. The team behind the survey say this indicates that the office environment isn’t the effective separator between life and work that many believe it to be. According to findings from The Global Life-Work Survey, in the past month alone, 41 percent of full-time office workers experienced signs of burnout compared to 26 percent of fully remote workers and 34 percent of hybrid workers. More →

 It is possible to balance the positives and negatives of stress at work

 It is possible to balance the positives and negatives of stress at work

It’s important to know the difference between helpful and unhelpful stress and what this means for employers looking to improve workforce wellbeingStress is an inevitable part of everyday life, and our bodies are hard-wired to respond to it. However, it’s clear stress takes a regular, negative toll on organisations across the country. Last year, 17 million days were lost due to stress, depression or anxiety, which accounted for 51 percent of all work-related ill health cases and 55 percent of all working days lost due to ill health. Poor mental health costs employers between £1,205 and £1,560 per employee, per year. Some of the main causes of stress in the workplace include mounting workload pressures, increased responsibilities, and a perceived lack of support from senior management. More →

‘People insight deficit’ puts firms’ reputations at risk

‘People insight deficit’ puts firms’ reputations at risk

New research from the CIPD exploring the quality of UK working lives suggests there has been a negative shift in how people think about and value their work. People insightThe CIPD is urging business leaders to have board-level HR representation or input to ensure there is the necessary expertise and ‘people insight’ to develop positive corporate cultures and manage workforce risks such as sexual harassment. This is the unsurprising message in a new report from the CIPD ‘The value of people expertise on corporate boards’. It claims just a quarter (25 percent) of FTSE 350 firms have a board member (both executive and non-executive) with an HR background, while only 2 percent have an HR director as an executive board member. More →

Are you ready for the latest family friendly employment laws?

Are you ready for the latest family friendly employment laws?

Three new ground-breaking employment laws will transform the employee benefit landscapeIt’s increasingly important for employers to have family-friendly employee benefits and policies to support recruitment and retention. These need to recognise the diverse needs and responsibilities of employees today and enable them to effectively balance their work and family life. Now to support employees and give them more protection in law three new ground-breaking employment laws will transform the employee benefit landscape. More →

We need better evidence to help protect people at work

We need better evidence to help protect people at work

Understanding what works to protect people at work needs better use of evidenceWe make decisions at work every day and for those in complex roles or in fast-changing situations, it can feel like a continuous process. In business, of course, the choices we make can have a significant impact on the bottom line and, more importantly, our people, the environment and the communities we’re operating in. With so much riding on what we choose to do, our decision-making processes must be designed to maximise our chances of successful outcomes. This is especially so when our decisions involve how to protect people at work so can be literally a matter of life or death. More →

Sluggishness in sustainability risks brain drain for businesses

Sluggishness in sustainability risks brain drain for businesses

Employers are being urged to shore up their commitments to meeting sustainability and net zero targets or risk an exodus amongst younger workersEmployers are being urged to shore up their commitments to meeting sustainability and net zero targets or risk an exodus amongst younger workers. Nearly half (48 percent) of Gen Z workers agree they would consider leaving a job that didn’t walk the talk in its promises on sustainability. This is according to the latest Bupa Wellbeing Index, a landmark survey that uncovers the state of the nation’s health and wellbeing. More →

To boost productivity in the UK, we need to think big and different

To boost productivity in the UK, we need to think big and different

olicymakers, businesses, and society must recognise the importance of productivity and collaborate to implement the necessary reforms and initiatives to unlock the country's full economic potentialThe decline in UK productivity since the Great Recession of 2008/2009 has been a matter of concern for business leaders, policymakers, and economists alike. Despite hopes that the pandemic would act as a catalyst for transformation and boost productivity, recent figures from the Office for National Statistics (ONS) show that the UK still lags behind several other G7 economies. More →

Generations in the workplace: setting the record straight

Generations in the workplace: setting the record straight

A middle aged man and a younger male colleague sit in comfortable chairs having a conversation to illustrate a conversation between generations of workersIf there were an algorithm to create a word cloud in response to searches for ‘What millennials want in the workplace?’, you’d expect to see Google spew out terms such as ‘flexibility’, ‘meaning’, ‘fairness’, ‘equality’, ‘inclusivity’, ‘opportunity’, ‘connections’, ‘socialising’ and ‘experience’. Do the same with ‘Gen Z’ replacing ‘millennials’ and – guess what – you’ll see the exact same word cloud, although perhaps in a different colour and order so you don’t think it’s based on the same homogeneous assumptions about younger generations. More →

Workplace generations express different demands of their jobs

Workplace generations express different demands of their jobs

A report from interior design and fit-out business Claremont claims that firms are having to work increasingly hard to address the needs and priorities of different workplace generationsEven though people who belong to so-called Generation Z are often described as digital natives, it is actually ‘Baby Boomers’ who are most focussed on workplace technology, a new poll claims. The report from interior design and fit-out business Claremont claims that firms are having to work increasingly hard to address the needs and priorities of different workplace generations. It claims that Baby Boomers (born 1946 to 1964) want better technology in the office to help them be more productive. They also want more face-to-face collaboration and team spirit more than any other generation. More →