Search Results for: pandemic

The future of work is asynchronous

The future of work is asynchronous

future of workIn our pre-, post-, and mid-pandemic worlds, the corporate workspace landscape underwent – and continues to undergo – a great many adaptations. It is changing out of necessity so firms can survive in a new present and future of work. The way we work had never evolved as much as it has in the past 2 years. It was dominated by strict schedules, physical meetings and on-site technology only. As time passed and technology evolved, the 9-to-5 in-office schedule remained, and teleworking, despite being possible, was extremely rare.

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Ditch the compulsory fun and ping pong tables. What people really want from the office

Ditch the compulsory fun and ping pong tables. What people really want from the office

As companies try to attract employees back to the office, a new survey of 4,000 people claims to reveal that what employees really want are yoga studios, office gyms and designated quiet spaces where they can work in peace.  The survey findings suggest that employees are less interested in fun and games during the work day and more hungry for perks that enhance their work-life satisfaction. More →

Rising office fit-out costs begin to hit occupiers

Rising office fit-out costs begin to hit occupiers

office fit-out costsAn analysis by Savills of Q2 2022 Prime Office Costs (SPOC) in global markets around the world suggests that inflation and supply chain issues are now feeding into office fit-out costs and keeping occupiers’ net effective costs high in many cities around the world. Over the past year office fit-out costs have risen an average of 6 percent across the SPOC cities that have so far reported rises says Savills, although proportionally they remain a small part of overall costs compared to rents. More →

There are now fewer taboo workplace subjects, and we should talk about that

There are now fewer taboo workplace subjects, and we should talk about that

workplace taboosRewind even a few years and issues like mental health were not really talked about in the workplace. Now we’ve seen dramatic improvements around certain topics, we should ask what other areas of employees’ lives could employers help with? There’s been a lot of discussion around what employers can do to support women going through the menopause. Though the construction industry is a traditionally male dominated sector, NHS Employers says that “Menopause is not just a gender or age issue as it can impact on colleagues both directly and indirectly and it should therefore be considered as an organisational. issue.” More →

Three quarters of young people worldwide lack skills needed for employment

Three quarters of young people worldwide lack skills needed for employment

skillsNearly three quarters of young people aged 15 to 24 in 92 countries with available data are off-track to acquire the skills needed for employment, according to a new report published today by the Education Commission and UNICEF to coincide with World Youth Skills Day. Recovering learning: Are children and youth on track in skills development? features analyses on development in early childhood, and among children of primary school age and youth. The data highlight low levels of skill among children and young people across all age groups, with young people in low-income countries the least likely to have those required to thrive, particularly in future employment opportunities, decent work, and entrepreneurship. More →

Confetti launches new collection of team building experiences as demand for DE&I in business increases

Confetti launches new collection of team building experiences as demand for DE&I in business increases

With McKinsey & Company reporting that businesses with more diverse teams —whether that’s racially, socio economically or educationally— are 35 percent more profitable than organisations that are not, tech start-up Confetti, a website for booking virtual corporate development and team building events, has launched a new Diversity, Equality and Inclusion (DE&I) collection of 27 distinctive team building experiences, aiming to release five new experiences every month. More →

Younger workers drive higher workplace expectations

Younger workers drive higher workplace expectations

younger workersAccording to a poll from Benefex, three quarters (77 percent) of workers admit they expect more of their employer now than since the start of the pandemic, and eight in 10 state that their employee experience at work is more important than a year ago.  However, expectations have risen significantly more among employees under the age of 40, compared with those aged 40 and above. Eight in ten of the under 40s said both their expectations of their employer and their employee experience at work had increased since the coronavirus compared to 67 percent and 70 percent of the over 40s respectively. More →

The UK is entering a new unstable period of employment relations

The UK is entering a new unstable period of employment relations

employment relationsA new study from the CIPD shows that a tight labour market, combined with a cost-of-living crisis and falling wages, could fuel further industrial action in the coming months. The CIPD is urging employers to engage with their recognised employee representatives and trade unions to avoid issues escalating to strike action. The data, gathered in January 2022, offered  what the CIPD says is a stark warning for what has now become a reality – that a lack of engagement with employee representatives will lead to worse employment relations and possible strike action. More →

Four day week should be about people, not productivity

Four day week should be about people, not productivity

four day weekYou may well have seen the announcement that more than 3,300 workers at 70 UK companies, ranging from a chippy and a distillery to leading financial institutions, have started working a four day week, with no loss of pay, in what is described as ‘the world’s biggest trial of the new working pattern’. The pilot – which will run for six months – is being organised by 4 Day Week Global in partnership with the think tank, Autonomy, and researchers at Cambridge University, Oxford University and Boston College. More →

Flex office space market in UK set to increase by half over next four years

Flex office space market in UK set to increase by half over next four years

Instant Group flex officeHybrid working policies are driving demand in the flexible workspace market as companies are using coworking and serviced offices at record levels. In its annual UK Market Update Report, The Instant Group’s data claims that demand for flex office space across the country is up 22 percent in the last 12 months. Cities – such as Leeds and Manchester are leading the way in this increase although there are also signs of a recovery in central London. The size of the space being taken with flex operators has also increased by 44 percent since the pandemic as larger companies incorporate more flexible workspace in their real estate portfolios. More →

Hybrid working can help graduates succeed

Hybrid working can help graduates succeed

hybrid workingThe pandemic has transformed how we think about and approach the workplace, with the majority of employees having alternated between remote and hybrid working over the last two years. While this experience has been almost universal, many have found this transition challenging – even for the established professionals used to adapting to change. But what does this mean for those about to enter the workplace for the first time? More →

Four day week rejected by majority of SME leaders

Four day week rejected by majority of SME leaders

four day weekAround three quarters (76 percent) of UK business leaders are either unlikely or very unlikely to introduce the four day work week to their business, according to the latest quarterly UK SME CEO Confidence Index for Q2 2022 from Vistage. The study reports that the SME business confidence index hit 77 points, a 22 percent decrease since the last quarter. The index suggests that small and medium sized businesses overall feel pessimistic about the current economic landscape. 69 percent of SME leaders think that economic conditions have significantly worsened over the last 12 months. Only 5 percent predict that the economic landscape will improve over the next year, while 72 percent strongly believe that the economy will further deteriorate. More →