Search Results for: investment

February 17, 2022

ESG issues top wish-lists for investors and employees

by Neil Franklin • Environment, News, Workplace

The annual EY Long-Term Value and Corporate Governance Survey finds a significant increase – from 66 percent to 84 percent – of board members and C-suite who say the COVID-19 pandemic increased expectations from consumers, employees, governments and broader society that companies will drive societal impact, environmental sustainability, and inclusive growth. However, there’s also an increase – from 28 percent to 43 percent – in respondents identifying lack of commitment from the board to make decisions that fully integrate ESG factors that would lead to long-term value. Fifty five percent of respondents say there are significant differences of opinion among leadership on how to balance short-term considerations with long-term investments and sustainable growth. That figure jumps to 68 percent of board chairs and non-executive board directors. More →

February 14, 2022

Record pay rises on the cards to address tough recruitment conditions

by Neil Franklin • News, Workplace

Employers anticipate offering record pay rises of 3 percent in 2022 as they look to combat increasing recruitment and retention difficulties. This is the headline finding from the CIPD’s latest quarterly Labour Market Outlook, which highlights the scale of the growing challenge facing organisations in finding and keeping staff, and how they are responding. This quarter’s pay award figure is the highest since the survey was conducted using its current methods in the winter 2012/13 report. The Labour Market Outlook surveyed more than 1,000 employers in January 2022 about their hiring, pay and redundancy intentions for the first quarter of the year. More →

February 11, 2022

Wellbeing strategies often fail to align with business objectives

by Neil Franklin • News, Wellbeing, Workplace

Employers feel far more responsibility for employee health and wellbeing than ever, yet formalised strategic action often remains unchanged, claims Aon’s UK Benefits and Trends Survey 2022. The report suggests there has been a significant increase over the last year in the number of employers that strongly agree they have a responsibility for the health and wellbeing of their employees, rising from 20 percent in 2021 to just over half of all respondents (51 percent) in 2022. Forty-four percent agree they have a responsibility, and just 5 percent disagree or have no view. More →

February 7, 2022

Net zero climate pledges of major companies hide their true intentions

by Neil Franklin • Environment, News, Property

The headline climate pledges of 25 of the world’s largest companies in reality only commit to reduce their emissions by 40 percent on average, not 100 percent as suggested by their “net zero” and “carbon neutral” claims, according to a new analysis. These are the findings of the Corporate Climate Responsibility Monitor released today, conducted by NewClimate Institute in collaboration with Carbon Market Watch. It evaluates 25 major companies – operating across different sectors and geographies – to determine the transparency and integrity of their headline climate pledges. More →

February 7, 2022

Half of unemployed men aged 50+ out of work for at least a year

by Jayne Smith • Jobs, News, Workplace

There were nearly 200,000 men aged 50 and older out of work between September and November 2021 – an increase of 24 percent in two years – and 50 percent of them were unemployed for at least a year, according to new analysis from Rest Less, a digital community and advocate for older people. Rest Less analysed the latest labour market data from the Office of National Statistics to find that unemployed men aged 50+ are significantly more likely to be in long-term unemployment, defined as out of work for at least a year, than any other age group. More →

January 31, 2022

London office market ‘returns to normality’ in latter half of 2021

by Neil Franklin • News, Property

Avison Young’s latest research claims that occupier activity in the London office market last quarter increased to 3.1 million sq ft, 27 percent above the previous quarter, to reach levels last seen in 2019 in what the report claims is ‘a strong sign that London’s occupiers are approaching their workplace strategies and office use with increased confidence’. The firm claims that nine deals above 100,000 sq ft were completed during the last six months, more than in the preceding eighteen months combined. More →

January 26, 2022

Remote workers struggle to make themselves heard in hybrid meetings

by Neil Franklin • Flexible working, News, Technology

A new report claims that remote workers are growing more concerned about perceptions of an inequal and less productive meeting experience while apart from their colleagues, and many are going as far as to consider new opportunities at organisations where they believe they will be more included. The Barco ClickShare Hybrid Meeting Survey (includes promotion) claims that more than one-third (35 percent) of workers still have trouble fully engaging during hybrid meetings. More →

January 25, 2022

Third of people crave a return to the office for their mental health

by Neil Franklin • Facilities management, Flexible working, News, Property, Wellbeing

A new study from smart building platform Infogrid claims that nearly a third of working Brits (32 percent) want to return to their offices in January because they feel it would improve their mental health, which has been impacted due to the COVID-19 pandemic. The top reasons UK employees cite for wanting to return to the office include working in a positive social environment (35 percent), having a reason to leave the house (26 percent), not having to worry about being cold at home (25 percent), and the daily commute providing time to transition between home and work life (23 percent). More →

January 21, 2022

Half of companies still not ready to meet the demand for flexible working

by Jayne Smith • Flexible working, News, Property

Companies are unprepared for the structural shift to flexible working and must do more to create responsible, personalised and experiential workplaces, a new report from JLL suggests. Intensive experimentation and piloting are needed to achieve flexible working models that will deliver a unique workplace experience for all. The JLL research claims that globally organisations are looking to continue flexibility for where and when people work with 82 percent expecting employees to work remotely into the future at least part of the time – spending on average two days every week away from the office. Yet 48 percent of organisations in Europe Middle East and Africa (EMEA) still have not developed a future of work programme to meet the rising demands and expectations of their staff for greater work flexibility, exceptional and sustainable workplaces and increased wellbeing. More →

January 18, 2022

Cities need to open themselves up to Nature, report claims

by Jayne Smith • Cities, Environment, News

Cities contribute 80 percent to global GDP – but they also account for 75 percent of global greenhouse gas emissions. Integrating nature-positive solutions can help protect cities from growing risks associated with extreme weather while driving sustainable economic growth, according to a new study from the World Economic Forum. In collaboration with the Alexander von Humboldt Institute and Government of Colombia, WEF’s BiodiverCities by 2030 Initiative published a report addressing the urgency of cities’ untenable relationship with nature. The Initiative’s goal is to reverse this existential global threat and move forward with a plan that will result in cities and nature co-existing in harmony by the end of the decade. More →

January 18, 2022

How to provide a great place to work for remote workers

by Richard Guy • Company news, Flexible working

Remote working swiftly evolved from a stopgap lockdown solution into a globally successful workstyle – and it’s set to stay. According to research quoted by CityAM, “84 per cent of UK businesses plan on having a hybrid, flexible or remote workforce following the pandemic”. Some companies, like Deloitte, have placed all bets on remote in closing their offices and basing employees from home, enjoying a vast reduction in operational costs. This flexibility has offered immediate benefits for remote workers, ranging from lifestyle and financial to positive influences on wellbeing. Workers in particular social groups have experienced life-changing situations, securing work in previously inaccessible geographic locations. More →

January 17, 2022

Is your office worth the journey it takes to get to it?

by Despina Katsikakis • Comment, Flexible working, Property

A couple of years ago, in the wake of a surge in self-care start-ups and viral diet fads, Forbes declared 2019 as the year of the “wellness revolution”. Three years and a global pandemic later, the revolution appears to have swept our offices. Why? Quite simply, we have woken up to the fact that we could be productive remotely, while also realising the risks of not accommodating employee wellbeing in the office. More →