June 28, 2024
Search Results for: office
June 25, 2024
Office market upheaval means uncertain times for landlords
by Marvin Gort • News, Property
The UK office market is facing a period of significant upheaval, according to a new survey commissioned by workspace provider infinitSpace. The research paints what it says is a concerning picture for landlords, with a sizeable portion battling financial strain and even potential closure. Over 14 percent of the 250 surveyed landlords fear their office buildings could shut down within the next five years due to affordability concerns. More →
June 25, 2024
People are pushing back against so-called return to office mandates
by Marvin Gort • Flexible working, News
A poll by Skillshub suggests there is a potential clash between firms issuing so-called return to office mandates and people unwilling to give up the flexibility and wellbeing benefits they say they have gained through remote and hybrid work. The survey claims that a significant proportion of UK employees (nearly half – 42.6 percent) are prepared to consider quitting their jobs if forced back to full-time office work. This sentiment extends even to hybrid models with a majority office presence (3+ days a week) – almost a fifth (18 percent) would consider leaving, with a significant number (10.1 percent) strongly considering it. More →
June 23, 2024
North American office design lagging behind new working cultures
by Neil Franklin • News, Workplace design
A report from design firm Hassell and workplace analytics business Density paints what it claims is a concerning picture of North American tech offices. It says that tech firms, once considered pioneers in innovative office design, are lagging behind the evolving work landscape. The report [registration] analysed over 1.4 million square feet of workspace usage between May 2023 and May 2024, revealed what it says is a troubling trend: underutilisation. On average, these tech offices only reached a peak occupancy of 34 percent, meaning a significant portion of the space – potentially costing companies up to $40 million annually in wasted rent – sits empty. More →
June 11, 2024
Return to office mandates may have been used to quietly layoff employees
by Neil Franklin • News, Workplace
A new study from HR software company BambooHR suggests some managers may have hoped so-called return-to-office (RTO) mandates would trigger a wave of voluntary resignations, effectively acting as covert layoffs. The research, which examined the impact of RTO policies on work culture, found that a quarter of executives and a fifth of HR professionals surveyed secretly hoped RTO would lead to employees quitting. This aligns with concerns that some companies might be using RTO as a way to avoid formal layoffs. More →
June 4, 2024
London office market sees sharp decline in leasing activity
by Marvin Gort • News, Property
The London office leasing market kicked off 2024 with a significant downturn, according to a new report from Devono. After a strong end to 2023, leasing activity plummeted by 45 percent in the first quarter, with only 2.3 million sq ft of space leased. This falls short of the 5-year average for Q1 and marks the lowest total since late 2022. The report attributes the decline to a combination of economic factors, including a recent recession and rising inflation. Businesses are cautious about committing to new office space in this uncertain climate. More →
May 28, 2024
Rigid return to office mandates and fixed places of work are backfiring
by Neil Franklin • Flexible working, News, Workplace
A new study by Great Place To Work claims that obliging employees back to the office with so-called return-to-office mandates and restricting their choice of work location can have negative consequences for the business. The report based on a survey of 4,400 US workers, claims to reveal a strong correlation between work location flexibility and positive employee experiences. Compared to those without a choice, employees with control over their work environment are three times more likely to want to stay with their company, and significantly less likely to become disengaged – a trend that has been referred to as “quiet quitting.” They’re also more likely to put in extra effort, foster good relationships with their managers, and feel their workplace fosters a healthy psychological and emotional environment. More →
May 14, 2024
People are spending more time in the office, but no sign of a full return for many
by Neil Franklin • Flexible working, News, Technology
Many of the UK’s tech workers are embracing a structured return to spending more time in the office, according to a new report. According to the survey of 2,000 people from Techspace, there has been a ‘notable shift’ towards embracing structured office time, with Monday to Wednesday emerging as the top choices for in-office workdays. The report claims that this preference indicates a growing recognition of the benefits of face-to-face collaboration and a desire for a more traditional office environment. More →
May 9, 2024
As hybrid offices continue to evolve, report explores global occupancy planning
by Neil Franklin • Facilities management, News, Property, Technology
Four years after the start of the pandemic, a new survey from JLL claims that hybrid working is now the most common workstyle globally, with 87 percent of organisations operating with a hybrid program today. JLL’s new 2024 Global Occupancy Planning Benchmarking Report claims to outline how hybrid offices are actively shifting to accommodate a greater variety of work activities and how companies can look at occupancy planning and workplace design more holistically to reflect these changes. By investing in new technologies, leveraging utilisation data and prioritizing individual and private seating, companies can ensure they are effectively reflecting the workplace’s changing needs. More →
May 3, 2024
Oxford rents poised to surge as office and lab space dwindles
by Marvin Gort • News, Property
Oxford’s thriving science and technology sector is facing a potential hurdle: a critical shortage of office and laboratory space. According to a new report by property consultancy Vail Williams, this scarcity could send rents spiralling upwards in the coming year. The report paints a concerning picture. The city, it suggests, has just about enough Grade A office and lab space to meet demand from life sciences and biotech companies for the next year. This limited supply is a stark contrast to the high demand, particularly considering the strong take-up figures from last year, which saw around 420,000 square feet of lab space leased. More →
April 30, 2024
Commuting costs continue to put strain on office worker finances
by Neil Franklin • Flexible working, News, Wellbeing
UK employees are suffering higher cost-of-living expenses, especially due to transportation costs and tensions may rise as many companies enforce return-to-office policies. That is according to the latest study conducted by Capterra on 248 U.K. employees, the majority (69 percent) say their work-related costs have increased over the past 12 months, especially the price of groceries (95 percent), utilities (85 percent), eating out (78 percent), and petrol (63 percent). More →
July 11, 2024
We still display status in office design, but in new and subtle ways
by Mark Eltringham • Comment, Workplace design
There was a time, not so long ago, that one of the most important factors to consider when designing an office was the corporate hierarchy. The office was once the embodiment of the corporate structure. In Joanna Eley and Alexi Marmot’s 1995 book Understanding Offices, quite a lot of space is dedicated to the idea of the ‘space pyramid’, which means simply that the higher up the organisation you were, the more space you were allocated. Even then, the idea of office design as a signifier of dominance was starting to wear thin, as the authors acknowledge. Ostentatious displays of status were already seen as somewhat gauche, but they were to be fatally undermined by the technological advances to come.
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