Search Results for: business

August 5, 2016

Corporate real estate sector needs to step up to meet new challenges ⁰

by Mark Eltringham • Knowledge, News, Property, Workplace design

The corporate real estate profession will be influenced, disrupted and transformed in the years ahead by a powerful combination of forces that are re-shaping business strategy and operations, consumer preferences, and how and where people want to live and work, according to a new report from CoreNet Global. The Bigger Picture: The Future of Corporate Real Estate draws on the expertise of more than 30 thought leaders to provide insights from multiple perspectives beyond CRE: technology and the internet of things; risk mitigation; cyber security; environment, energy and sustainability; corporate social responsibility; the global economy; people, talent, wellbeing; and the future of cities. The report argues that CRE must deliver greater value in this dynamic business environment and a world that is changing rapidly, is more interconnected than ever before, is constantly disrupted by technological innovation, and is replete with both risks and opportunities.

August 5, 2016

Lack of perks leaves workers feeling less trusted and appreciated ⁰

by Sara Bean • Facilities management, Flexible working, News, Wellbeing, Workplace

Businesses are failing to provide the perks that can help employee productivity and motivation during the summer months, claims a new survey by Peldon Rose. It also suggests that workers feel less trusted and appreciated by their companies. The report argues that during the summer months, businesses can find motivation slows as employees are distracted by seasonal events and count down the days until their holiday. Those companies found to offer summer perks to help boost morale and wellbeing, summer hours (47 percent), casual dress (37 percent) and ice cream rounds (31 percent) were the most popular, indicating that these benefits are the most highly valued by workers. However, 86 percent of respondents said that their company does not offer any such perks, with the result that many employers are missing an opportunity to make employees feel appreciated and boost happiness and morale in the summer months.

August 4, 2016

Connectivity creep is driving more people to switch off their devices ⁰

by Mark Eltringham • Flexible working, News, Technology, Wellbeing

Fifteen million UK internet users have undertaken a ‘digital detox’ in a bid to strike a healthier balance between technology and life beyond the screen, according to a new Ofcom study. The study of around 2,500 people suggests that our reliance on the internet is affecting people’s personal and working lives, leading many to seek time away from the web to spend time with friends and family. Ofcom’s Communications Market Report 2016 finds that one in three adult internet users (34 percent), equivalent to 15 million people in the UK, has sought a period of time offline, with one in ten (11 percent) doing so in the last week alone. Of these digital down-timers, 25 percent spent up to a day internet-free; 20 percent took up to a week off; and 5 percent went web-free for up to a whole month. The most common reasons for taking a time out were to spend more time doing other things (cited by 44 percent) and more time talking to friends and family (38 percent).

August 4, 2016

Office workers spend half their average week working remotely ⁰

by Sara Bean • Facilities management, Flexible working, Wellbeing, Workplace

New research suggests that UK workers are overwhelmingly turning their back on the standard 9-5 office life with 72 percent agreeing that it’s not relevant for the 21st century. Working remotely and flexibly makes them more effective in their job said 82 percent of respondents to the TeamViewer report ‘The End of Nine-to-Five’ with 73 percent agreeing that having the ability to work flexibly makes them feel more valued and 82 percent that all employees should be offered flexible working hours without it affecting their career. With 79 percent of people rating work-life balance as more important than salary, the report suggests it is critical for businesses to ensure they are offering more than just monetary incentives, as almost half (49 percent) say that flexible working hours would be the most important factor to them when looking for a new job. According to the survey, UK office workers are already spending on average 2.5 days, half of their week, working remotely.

August 4, 2016

Employers doing little to alleviate employees’ job fears over Brexit ⁰

by Sara Bean • News, Wellbeing, Workplace

A majority of employers won’t delay hiring for roles (54 percent) due to Brexit, yet nearly half (48 percent) of jobseekers are concerned about finding a job post the Referendum, new research claims. The survey of both employers and candidates conducted by totaljobs following the EU Referendum, reveals that 44 percent of all candidates believe there will be more competition for jobs following the Brexit vote, while 28 percent say that Brexit has already had an impact on their job search. Nearly a fifth (19 percent) have become less selective about the jobs they apply for, compared with 16 percent who are now more selective. Of those currently employed, 34 percent are worried about their job security as a result of Brexit, whilst half (52 percent) are not concerned. Unfortunately, many employers have not yet taken steps to ease employees’ concerns, as almost three-quarters (72 percent) of employees say they have not been spoken to by their employer about the impact of Brexit.

August 3, 2016

Career worries lead one in five workers to miss sleep on a regular basis ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

UK workers are losing sleep because of work problems and women in particular are not seeking advice on challenges at work for fear of being labelled as a pest, claims a new study of 2,000 people by app provider rungway. One in five (20 percent) of the women polled fear they will be considered a pest if they ask for advice on workplace and career issues compared to just 14 percent of males. Among UK workers, almost half (49 percent) said they never look for guidance on workplace and career issues. Yet, almost one in five (19 percent) said that work issues affect their sleep on a weekly basis. One in 10 feel like they have no one to talk to about work problems or that no one would understand their work issue. Age also plays a part, with workers over 55 least likely to look for guidance on workplace issues – while younger workers are most concerned about bothering others with their career questions.

August 2, 2016

London firms paint a mixed picture in their post Brexit reaction ⁰

by Sara Bean • Cities, Facilities management, News, Workplace

Investment and hiring intentions remain relatively robust among London’s leading firms, despite the Brexit vote, claims a new analysis by the CBI and CBRE. Over two fifths (41 percent) of the 186 firms surveyed after the Referendum said that they planned to maintain their investment plans, with one in ten (9 percent) planning on actually increasing their plans. The demand for property from occupiers and investors also appears to remain strong. However, 16 percent of firms said they will freeze investment plans, whilst a fifth (21 percent) think they will reduce them. Half of businesses (50 percent) plan to continue to hire after the Referendum, with less than a third (29 percent) not planning to do so and 12 percent planning on reducing staff numbers. Many firms though are still considering their response to the Referendum and will be looking for a clear plan from the Government and City Hall to maintain the openness of London’s economy.

August 1, 2016

Small firms remain sceptical about next generation technology ⁰

by Neil Franklin • News, Technology

New research from AXA suggests that small firms are sceptical about the prospects of technologies such as 3D printing, robotics and driverless cars affecting their workplace in the near future. While more than 40 per cent of small businesses still don’t have a website, the study of 898 firms claims that most of these plan to move online in the next twelve months. If these plans are fulfilled, only seven per cent of UK businesses will remain offline by this time next year. However, just one in five plan to migrate to the Cloud and only six per cent say they expect to adopt smart technologies. Driverless cars, which are set to hit UK roads as early as 2020, have an equally low resonance, as just eight per cent of business owners expect they will travel in one. Businesses were also highly sceptical when it comes to 3D printing. Just two per cent of UK businesses who might use the process expect to see it used here ‘during their lifetimes’.

August 1, 2016

One in five UK workers believe their job is less secure due to Brexit vote ⁰

by Sara Bean • Legal news, News, Public Sector, Wellbeing, Workplace

Around one in five employees in the UK are feeling pessimistic about the security of their current job because of the Brexit vote to leave the EU, a new survey by the CIPD claims. Answering a range of questions, including how they felt about the future as a result of the UK’s vote to leave the EU, around 44 percent of the 1,000 working adults who took part felt pessimistic about the future, with this being particularly high amongst public sector workers (61 percent), voluntary sector workers (58 percent) and people aged 25-34 (63 percent). 22 percent said they felt their job was less secure now. The CIPD’s survey also highlighted incidents of harassment and bullying in the workplace relating to the Brexit decision, with more than one in ten employees saying that they have experienced, witnessed or heard of incidents of harassment or bullying of a political nature and just under one in ten (7 percent) referenced incidents of a racist nature (7 percent).

August 1, 2016

Smart cities will play essential role in meeting future energy demand ⁰

by Mark Eltringham • Cities, Environment, News, Property, Technology

The changing energy demands of British cities are revealed in a new report published by Smart Energy GB and the Centre for Economics and Business Research. The report’s central claim is that urbanisation, economic growth and new technology will drive cities to meet their energy demands with the greater use of sustainable and renewable sources. The authors claim that this is the first time that predictions about increases in energy demand in the UK have been analysed and published on a city level. The Powering Future Cities report suggests that this growing demand will primarily be driven by urban population growth, economic growth and a predicted surge in use of new technology, including electric vehicles. The report coincides with an announcement that the World Green Building Council has created a new partnership with the World Resources Institute-led Building Efficiency Accelerator (BEA) to fast-track improvements to energy efficiency within buildings.

July 30, 2016

Office work not as bad as smoking + New age of reason + Productivity gap ⁰

by Sara Bean • Architecture, Facilities management, Newsletter, Workplace, Workplace design

In this week’s Newsletter; Mark Eltringham suggests reading the source material behind the latest sitting is the new smoking guff; and celebrates a new age of reason in workplace design. New evidence that giving employees more control over workplace design is the most important contributing factor to their wellbeing; businesses ready to embrace the workplace robot; and the UK economy still to address productivity and digital skills gaps. Third of parents struggle to find childcare across the summer holidays; retaining ‘passporting’ rights to the single market vital for the City during Brexit negotiations; rising over 50s population of workers suffer discrimination; and researchers confirm the imminent demise of the ‘nearly useless’ desk phone. Download our new Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

July 29, 2016

The gig economy must be harnessed to address skill shortages and uncertainty ⁰

by Mark Eltringham • Flexible working, News, Workplace

The legal status of people working in the gig economy must be clarified so that businesses and individuals can thrive, according to a new report from the Recruitment & Employment Confederation (REC). Gig economy – The Uberisation of Work (registration needed) explores the impact of digital work platforms such as Upwork, Task Rabbit and Freelancer.com, which act as ‘marketplaces matching freelancers with a wide range of project-based work’. The report suggests that almost a third of all UK employers will use these kinds of digital work platforms by 2021. The REC has called on policy-makers to ensure that the gig economy is fair to self-employed workers and businesses, and to secure benefits for the UK wider economy. The report claims that this will become increasingly important as the gig economy becomes more mainstream, adding £45 billion to the UK economy and creating work for 766,000 people.