Search Results for: Gen Z

Economic slowdown curbs demand for office space in Dubai

Economic slowdown curbs demand for office space in Dubai 0

Dubai Internet City (DIC)There has been a reduction in demand for office space in Dubai over the past six months, as the ripple effect of the oil price collapse and the subsequent economic slowdown in the rest of the Gulf reverberates across the emirate’s commercial property market. As firms retrench staff and reconsider their future strategy in the wake of global economic challenges, decisions to acquire, expand or move office space have commonly been put on hold according to Cluttons’ latest Dubai Office Market Bulletin. This has resulted in an exaggeration of the seasonal summer slowdown throughout late Q2 and early Q3 2016. Cluttons’ research also highlights that, the general lack of rental growth is unlikely to change in the short-term. Across the market as a whole, rents are not expected to fall much further, particularly as they are at a point where they are considered to be fair market value and landlords appear unwilling to lease below a certain level.

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Do people really matter when we design workplaces?

Do people really matter when we design workplaces? 0

HumanSome may think this is a daft question. They’ll argue that of course people matter when we design workplaces. Granted, there are those for whom the human experience of the built environment is really important.  They demonstrate this it in their attitudes and actions. However, based on some of the attitudes and actions I have observed over the years, I would suggest that the belief that people really matter when some designers design workplaces for them is quite frankly all too often skin deep. How do we know this? And if we accept that it is true, it then begs the secondary question of why this should be the case. Is it entirely our fault? What might we do to address the issues? In part, we know that people haven’t really mattered enough in design because of mistakes of the past. Meanwhile, society is facing many pressing challenges, ranging from health to housing, work to economy and climate change to resource depletion.

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A well executed wellness strategy benefits staff and employers

A well executed wellness strategy benefits staff and employers 0

Wellbeing at workEmployee health and wellbeing is moving up the agenda of many companies. A recent report from the Reward and Employee Benefits Association (Reba) and Punter Southall Health & Protection found that a third of companies have a wellness strategy in place, with 80 per cent having introduced one in the last three years. Of the 70 per cent that don’t yet have a strategy, a third plan to implement one this year, a third plan to implement a plan in the next few years and the final third have it firmly on their wish list. This is driven by the fact that the UK is experiencing a major demographic change – in 2014 the average age of the population exceeded 40 for the first time. With the percentage of the total population over 60 predicted in a report from AgeUK to rise from 24.2 percent at present to over 29 percent in 2035, employers are beginning to wake up to the fact that wellness is good for staff and good for business.

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Flexible working patterns may make us more susceptible to infection

Flexible working patterns may make us more susceptible to infection 0

Flexible working herpes infectionWe are more susceptible to infection at certain times of the day as our body clock affects the ability of viruses to replicate and spread between cells, suggests new research from the University of Cambridge. The findings, published in the Proceedings of the National Academy of Sciences, may help to explain why people who work outside normal working hours are more prone to health problems, including infections and chronic disease. The time of day of infection can have a major influence on how susceptible we are to the disease, or at least on the viral replication, meaning that infection at the wrong time of day could cause a much more severe acute infection. According to the study, when a virus enters our body, it hijacks the machinery and resources in our cells to help it replicate and spread throughout the body. But, the resources our body has to fight infection fluctuate throughout the day, partly in response to our circadian rhythms – in effect, our body clock.

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How to save a sinking ship: lessons from Marissa Mayer’s experience at Yahoo

How to save a sinking ship: lessons from Marissa Mayer’s experience at Yahoo 0

marissa_new4_400x400When former Google employee Marissa Mayer joined Yahoo as its CEO in 2012, she inherited the company’s vast problems. Though it was once seen as one of the first tech behemoths, Yahoo’s inability to come up with ground breaking products like Google and others, put it in a slow, steady decline. Mayer was immediately tasked with trying to reinvigorate the stagnating company. Her focus was to find a way to identify and retain talent, while phasing out ineffective employees. However, Yahoo’s new management policies have brought about much debate and criticism from HR experts. A controversial book by journalist Nicholas Carlson titled “Marissa Mayer and the Fight to Save Yahoo!” paints a highly critical view of Mayer’s first years as CEO. In response others have defended her, arguing that she has done the best she can with the resources available, but has become a scapegoat for poor management, like so many other women in powerful positions.

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Women struggling to reach senior executive roles in top US firms

Women struggling to reach senior executive roles in top US firms 0

US female executiveProgress for women in reaching the executive ranks within the UK’s FTSE 100 is too slow and the picture is less than inspiring on the other side of the Atlantic. A new analysis by Korn Ferry of the top 1,000 US companies by revenue finds the percentage of women in most executive positions is dramatically lower than their male counterparts. Across the most prominent executive job titles and several industries (consumer, energy, financial, life sciences, industrial, technology) an average of less than one quarter (24 percent) of the top leaders are women. The most senior post is held by the smallest percentage of women, with only 5 percent serving as CEO; 12 percent of CFO’s (Chief Financial Officer) are women; and 19 percent of women holding the CIO (Chief Information Officer) role across all industries. The CHRO (Chief Human Resources Officer) role is the only one where there is gender parity, with 55 percent of CHROs across industries being women.

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Brexit leads to ‘softening’ of employment market, claims CIPD survey

Brexit leads to ‘softening’ of employment market, claims CIPD survey 0

BrexitThe UK’s decision to leave the EU has resulted in a softening in hiring intentions and businesses should invest in skills immediately, according to the latest CIPD/Adecco Group UK & Ireland Labour Market Outlook. The report is based on employer sentiment in the two weeks before and after the EU Referendum and claims that employers surveyed ahead of the vote were somewhat more optimistic about hiring intentions than those surveyed afterwards. It suggests that the proportion of employers expecting to increase staffing levels over the next three months dropped from 40 percent pre-Brexit to 36 percent following the vote. The net employment balance, based on the difference between the share of employers expanding their workforce and those reducing it, dropped from +21 pre-Brexit to +17 post-Brexit. However, the fall was significantly sharper among private sector employers, with the post-Brexit employment balance declining to +25 from +39.

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The traditional office is still very much alive, but it is changing

The traditional office is still very much alive, but it is changing 0

mote_articleA skim through workplace features in the media and you’d be forgiven for thinking that the traditional office is no longer with us. According to the narrative, we’re all now 20-somethings, working in open-plan warehouses, with table football, bean bags and comfy sofas to lounge on, while drinking our custom-made soya lattes. When in actual fact, while more relaxed, fun and funky offices tend to make the headlines, the majority of people still work in a relatively traditional way, with their PC or laptop, a desk and an ergonomic task chair. What’s more, with an ageing workforce, we certainly aren’t all 20-somethings, with DWP (Department of Work and Pensions) figures revealing that the employment rate for people aged 50 to 64 has risen by 14 per cent in the last 30 years, and doubled for over 65s. So designing with just the youngsters in mind simply doesn’t add up. Recent research by the Senator Group, backs up this view.

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The solution to closing the digital skills gap starts at home

The solution to closing the digital skills gap starts at home 0

Digital skillsMuch has already been written about the UK’s digital skills gap, and undoubtedly as the Government continues to develop and roll out its Digital Strategy for the nation, many more headlines will be devoted to it. For a country so focused on technological development it’s a problem which is both acute and imperative. Recent Government figures put 12.6 million Britons at risk of being left behind in terms of the skills needed for a modern economy. Parliamentary plans to address this issue focus firmly on education: including digital development as a key part of apprenticeships, encouraging vocational digital skills courses at universities, and broadening access to other educational courses to help people to learn to code. However, responsibility to upskill the nation’s workforce also resides with employers. Whether the current role demands IT skills or not, technology increasingly impacts and transforms every element of our lives.

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Poor tech and long meetings remain key sources of workplace misery

Poor tech and long meetings remain key sources of workplace misery 0

workplace meetingsBadly run and overrunning meetings remain amongst the main sources of workplace conflict and unhappiness, according to a study of 1,000 US employees from workplace software provider Eventboard. The main sources of this conflict appears to be the number of meetings that overrun and poor technology, claims the report. More than half (56 percent) of frontline employees spend 1-2 hours in meetings daily and three-quarters (75 percent) of senior and mid-management level employees spend 3-4 hours in meetings daily. The report also highlights the inadequate provision of workplace technology even though the tools people use are seen as essential for their happiness and productivity. More than half of respondents claim they have to supplement the technology they are given by their employer with their own devices, even though technology can be twice as important as other perks in terms of making people happy and productive.

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Time to address ‘shocking disconnect’ between boardroom and staff pay

Time to address ‘shocking disconnect’ between boardroom and staff pay 0

Executive payAs the new prime minister Theresa May has already indicated in her tenure, the growing gap between rewards for those at the top of organisations and everyone else is hard to justify at a time when economic uncertainty is intense and corporate performance mixed. So it’s shocking to learn that the average FTSE 100 CEO earns 129 times more than the firm’s employees, receiving around £5.5 million a year, up from £4.96 million in 2014. According to the annual survey of FTSE100 CEO remuneration packages by the High Pay Centre, rewards at the top continue to grow at a double digit rate, with the most highly paid being part of an all-boys club. No woman has made it into the top ten in either of the last two years. And in contrast to the generous packages awarded to their executives, only a quarter of the 100 FTSE 100 companies are accredited by the Living Wage Foundation for paying the living wage to all their UK-based staff.

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Watercooler moments are the key to workplace wellness claims study

Watercooler moments are the key to workplace wellness claims study 0

Water for wellness

The skills people require to perform at their optimum throughout the working day, such as patience, focus and diplomacy can be fuelled by the food they’ve eaten; while ‘the wrong kind of fuel can derail their whole day,’ a new academic report has found. And the study in the journal Food, Culture & Society: An International Journal of Multidisciplinary Research reveals that water is the main redeemer of ‘negative nutrition’ in the workplace; not only because it provides vital hydration for physical wellness but because it encourages people to walk to the watercooler or break out area to drink. According to the researchers, a culture of grabbing something quick to eat amid a mounting pile of to-dos at work often leads to making the wrong decisions when searching for something to eat in the workplace. Unplanned cakes and the emergence of ‘food altars’; central places for leftovers from work meetings or unhealthy snacks present workers with endless choice.

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