Search Results for: risk

Skills shortages won’t be solved by offering people more money

Skills shortages won’t be solved by offering people more money

skills shortagesAs businesses across the country face rising costs, new research from the CIPD and Omni warns that using pay to attract talent simply isn’t enough to tackle on-going skills shortages. While an increasing number of organisations (54 percent) are inflating pay to retain talent, this approach is not sustainable for most employers in the face of rising costs. To tackle the skills shortage, organisations need to highlight other components of good working practices when recruiting, such as offering flexible working and promoting career development opportunities. For instance, the latest Resourcing and Talent Planning survey shows that 68 percent of employers that offer hybrid/ remote working say it has allowed their organisation to attract and retain more talent.  (more…)

Digital twin in Birmingham will drive innovation and clean energy in the city

Digital twin in Birmingham will drive innovation and clean energy in the city

digital twin birminghamA digital twin that can comprehensively model and test pathways to clean energy and net zero emissions in East Birmingham is being planned in a partnership between the University of Birmingham, Birmingham City Council and Siemens. A feasibility study has been commissioned which demonstrates how a virtual representation of the energy and transport infrastructure within East Birmingham and Tyseley Environmental Enterprise District (TEED) will help to outline pathways for decarbonisation. (more…)

Demand for sustainable commercial property rises modestly, but supply side still falls short

Demand for sustainable commercial property rises modestly, but supply side still falls short

sustainable commercial propertyProgress is being seen in some aspects of the built environment on the drive to be more sustainable, according to the latest annual sustainability report produced by RICS, however the rate of advancement needs to accelerate significantly and become more widespread. The 2022 RICS Sustainability Report, which collated sentiment from almost 4,000 chartered surveyor contributors, around 1200 of which are from the UK, across commercial and construction sectors globally, shows that some improvement in the push for sustainability has been made in the past year, notably in the commercial real estate sector as demand for sustainable commercial property continues to rise. (more…)

BDG architecture + design and FUTURE Designs, showcase AERO313 at London Design Festival

BDG architecture + design and FUTURE Designs, showcase AERO313 at London Design Festival

future designsBDG architecture + design and FUTURE Designs will display the only AERO313 luminaire in the country, at Borough Yards, London Bridge, as part of this year’s London Design Festival which runs from 17-25 September 2022.  FUTURE Designs was appointed by BDG architecture + design in 2020 to create this innovative custom light fixture that is a centrepiece of the latest WPP campus project in Detroit, USA. Faced with transatlantic logistics and regulations, the sheer scale of the product, as well as a global pandemic, the team involved tackled unprecedented challenges in order to deliver this ground-breaking luminaire to practical completion for a client on time and to budget. (more…)

Nearly half of people feel disconnected from colleagues

Nearly half of people feel disconnected from colleagues

Around 42 percent of UK employees don’t feel a sense of connection to co-workers and a quarter say they don’t think they have one friend at work, according to a new poll from BetterUp [registration]. UK employees with a lower sense of belonging have an 80 per cent stronger intention to quit their jobs than those who feel comfortable at work, according to the survey. It also claims that the findings come as UK workplaces are struggling with new trends such as ‘quiet quitting’, whereby employees are setting boundaries when it comes to working late and working on projects that aren’t in their job description, as well as issues around recruitment and talent retention. (more…)

Remote working is still largely regulated at company level in Europe

Remote working is still largely regulated at company level in Europe

Access to telework and other remote working arrangements are still largely determined at company level in most EU Member States, with just France, Lithuania and Portugal currently enshrining the right to request telework in legislation. While some common ground exists, there are varying standards and practices in place with regards to telework in the EU, which can be regulated through legislation or collective agreements. These can relate to important issues such as health and safety, working time, and compensation. Although the right to disconnect has recently been expanded in several countries, it is not extensive throughout the EU and differs in implementation across the Member States. (more…)

Established businesses must do more to support local entrepreneurs and startups

Established businesses must do more to support local entrepreneurs and startups

With SME’s accounting for the employment of more than half of the UK’s workforce, supporting these businesses is of benefit to everyone while geopolitical events and the impact of the pandemic continue to cause economic uncertainty.  Entrepreneurs and small businesses are vital for spurring on evolutions in our technology and creating new markets for services and products, therefore bringing about competition which in turn boosts productivity that benefits our own and other economies, helping them withstand and recover faster from financial downturns. (more…)

Workplace decision making is subject to a number of conflicting forces

Workplace decision making is subject to a number of conflicting forces

workplace decisionA new survey from 15Five claims that the workplace is in a state of upheaval, with one-third of workers planning to quit their jobs despite the potential economic downturn. Conversely, nearly one in five organisations are planning on layoffs, and more than one-third of HR leaders have rescinded job offers. The poll of 1,000 US full time employees and 500 HR leaders [registration] also claims that work-life balance is a top concern for employees, behind only pay and health benefits. When HR leaders were asked what was most important to their employees, work-life balance claimed the number one spot (64.6 percent), followed by health benefits (62.8 percent) and growth opportunities (54.6 percent). (more…)

Zumtobel create a consistent corporate identity with light

Zumtobel create a consistent corporate identity with light

Zumtobel The Zumtobel MIREL and PANOS infinity luminaires have been chosen for the latest FinTrU office refurbishment. A good brand provides a distinct experience and evokes emotion from its customers, which is why a business needs to care about branding all the way through to its interior spaces. Extending branding to the working environment helps staff and customers understand who the company is and what makes them unique. FinTrU, a multi-award-winning company specialising in the areas of KYC, Compliance, Legal, Risk & Controls, and Operations, works with Investment Banks around the globe designing technology-enabled solutions to help its clients meet their regulatory obligations. (more…)

Awards and recognition for innovation can harm future levels of creativity

Awards and recognition for innovation can harm future levels of creativity

creativityNew research from Olin Business School at Washington University in St. Louis, published in the Journal of Applied Psychology, claims to have identified one reason why some first-time innovators struggle to repeat their initial creativity while others go on to continually produce creative works. Markus Baer, Professor of Organizational Behavior at Olin, and Dirk Deichmann, of the Rotterdam School of Management in the Netherlands, discovered that recognising first-time producers of successful novel ideas with an award or recognition can significantly decrease the likelihood that they will produce future creative work. (more…)

Enduring problems holding back success of UK government property strategy

Enduring problems holding back success of UK government property strategy

government propertyLongstanding problems such as poor data pose major risks to the successful delivery of the UK Government’s property strategy, according to the National Audit Office (NAO). Central government property, valued at £158 billion, is one of government’s largest assets. It includes offices, hospitals, academy schools, jobcentres, courts, prisons and museums. The Office of Government Property (OGP) sets the strategic direction for the management of government property. The Cabinet Office has categorised properties into 12 portfolios (such as health, defence and school portfolios), 10 of which are led by a single department or arm’s-length body. The Government Property Agency (GPA) sets and implements a property strategy for the government’s office and warehouse portfolios. (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…)