January 21, 2020
Younger decision makers are increasingly relying on technology such as emails, video conferencing and WhatsApp in negotiations with suppliers, rather than speaking to them face-to-face, new research from Barclaycard Payments has claimed. Despite supplier negotiation being regarded as an ‘art’ by seven in 10, many said it will increasingly be conducted digitally over the next five years (68 percent). More →
November 14, 2019
The UK’s rising stars in the commercial property sector have been recognised at the British Council for Offices’ (BCO) fourth annual NextGen Awards ceremony. The Awards are part of the BCO’s NextGen programme, which sets out to mentor and encourage the next generation of professionals to become future leaders in the industry, whilst providing a platform for new talent to share ideas. The ceremony, which took place at The Porter Tun, London, was attended by the country’s top designers, developers, architects and occupiers under the age of 35. It celebrated the achievements and successes of young professionals in the commercial property sector across the UK, and the leaders who have inspired them. More →
October 25, 2019
A new report (registration) claims that companies with a one-size-fits-all approach to workplace design is failing to meet the needs and expectations of a multigenerational workforce. Published by Chargifi with in put from WeWork and other firms, the study polled more than 2,000 employees about their experience of workplace culture and office design and how mobility affects their day-to-day lives. More →
September 30, 2019
The uptake of artificial intelligence by businesses will transform the UK job market in the near future and will create around 133 million new jobs worldwide. The findings come from a new report called Harnessing the Power of AI: The Demand for Future Skills (registration) from recruiter Robert Walters and market analysts Vacancy Soft. More →
July 22, 2019
An abandoned mine shaft beneath the town of Mansfield, England is an unlikely place to shape the future of smart cities. But here, researchers from the nearby University of Nottingham are planning to launch a “deep farm” that could produce ten times as much food as farms above ground. Deep farms are an example of what the latest wave of smart cities look like: putting people first by focusing on solving urban problems and improving existing infrastructure, rather than opening shiny new buildings. More →
April 23, 2019
Outline plans to regenerate the 40-acre former Boots Island site in Nottingham have been approved by Nottingham City Council planning committee. Conygar Investment Company PLC intends to transform the site, which has lain derelict for many years, into grade A office space, “creative market space”, homes a five-star hotel, retail units, a “linear’ park” and community space and student accommodation. More →
January 30, 2019
A child born in the west today has a 50 percent chance of living to be at least 105. This is of course a good thing – most people welcome the idea of a longer, healthier life – but it does mean that many of us will need to work longer as pension funds shrink and retirement ages increase. This has led to a new reality for business, the rise of the multigenerational workforce. Organisations that recognise that they can draw on talent from all ages and life stages will have a competitive advantage over those with a more traditional outlook. However, this new model can also present challenges – something that all businesses should consider. More →
December 11, 2018
A new survey into happiness at work suggests it is viewed differently according to age. Baby boomers: aspire to have job security and think careers are defined by employers. Gen X: aspire to have a work-life balance and although are loyal to a profession will not necessarily stick with the same employer. Millennials or Gen Y aspire to have freedom and flexibility and are digital entrepreneurs while Gen Z aspire to have security and stability. The report by Instant Offices’ considered what is important to each age group, and how employers approach the age gap. It found that eight in 10 millennials look for a manager to act as a mentor or coach; Baby boomers want a boss to be ethical, fair and consistent, while 61 percent of Generation X, and 55 percent of millennials, think team consensus is important. More →
November 6, 2018
Mercer has published the results of an extensive study that examines the needs of workers in the world’s fastest-growing cities across four key factors – human, health, money and work. The study provides insight into the motivations of workers against the backdrop of fierce competition for their talent. The study, People first: driving growth in emerging megacities (registration required), is based on a survey of 7,200 workers and 577 employers in 15 current and future megacities across seven countries, namely Brazil, China, India, Kenya, Mexico, Morocco and Nigeria. As defined by the United Nations, these 15 cities will have a combined population of 150 million people by 2030 and share strong, projected GDP.
September 21, 2018
We try to avoid generalisations when describing the multi-generational workforce, but there’s no denying that younger workers who’ve grown up with digital communications appear less comfortable communicating face to face or on the phone. This is why it comes as no surprise to find that new research by ABBYY claims millennials would prefer to use Artificial Intelligence (AI) to avoid speaking to colleagues and customers. While one in 10 millennials would hand over speaking to customers to robot colleagues, older generations are less keen, with only 4 percent of over-55s feeling the same. More →
July 10, 2018
Improved living standards, deflating pension pots and legal protection against age discrimination have all helped to nudge up the retirement age. The result is that for the first time since the Industrial Revolution five generations of employees are now working side by side. According to a new survey, two thirds of organisations (66 per cent) say that an age diverse workforce helped the company to have a more comprehensive skillset and knowledge base and more than seven in ten (71 per cent) felt that a multi-generational workforce brought contrasting views to their organisation. However, in the YouGov survey of middle market businesses commissioned by RSM, four in ten companies (41 per cent) said that a multi-generational workforce also increased the risk of conflict in the workplace. More →
January 3, 2020
Burnout remains a risk for workers of all generations
by Brendan Street • Comment, Wellbeing