Search Results for: risk

Retrofit offers the greatest opportunity for a commercial property market beset by uncertainty

Retrofit offers the greatest opportunity for a commercial property market beset by uncertainty

by • Environment, News, Property

Retrofit an opportunity for commercial propertyIn the context of a second major economic shock from war in Ukraine and continuing inflationary concerns, the PWC / ULI report Emerging Trends in Real Estate Global Outlook 2022 focuses on the global outlook for the real estate industry increasing pressure for finance to support the decarbonisation of real estate. The industry challenges lenders and their regulators to provide debt for the retrofit of existing buildings and the scale-up of the ‘climate tech’ needed. (more…)

Many workers worried that revealing mental health concerns could result in job loss

Many workers worried that revealing mental health concerns could result in job loss

by • News, Wellbeing

mental health and wellbeingA new study claims that there are increasing issues around reporting employee wellbeing whilst hybrid working, as 95 percent of UK employees feel that their company doesn’t do enough to identify and support those with mental health concerns. One in six UK employees feel worried that raising  concerns with their company could put them at risk of losing their job, the new report into employee mental health and remote working suggests. Throughout the UK, 86 percent believe that their workplace is not a safe space for employees to be open about mental wellbeing. (more…)

Wellbeing, skills and diversity data absent from majority of FTSE 100 firms’ annual reports

Wellbeing, skills and diversity data absent from majority of FTSE 100 firms’ annual reports

by • News, Wellbeing, Workplace

wellbeing, skills, diversityNew analysis of FTSE 100 annual reports finds that while workforce reporting has improved in the past two years, the quantity and quality of disclosures still varies significantly and remains very poor in places. The new report, How do companies report on their ‘most important asset?, from the CIPD, the PLSA and Railpen, analysed the quality of workforce disclosures in the 2021 annual reports of FTSE 100 companies against seven key themes: Workforce cost and composition; employee relations and wellbeing; reward; voice; skills, capabilities and recruitment; and response to COVID-19. (more…)

What really happens when we start using offices again?

What really happens when we start using offices again?

by • Comment, Flexible working, Property

officesShould I stay or should I go? – we have all faced that dilemma in recent weeks with our offices opened by hopeful employers versus the enticement of a warm kitchen, fresh coffee and swerving a long commute also on offer. It is a decision we are all having to make and, which seems loaded with potential, previously unimagined outcomes. (more…)

Sustainability doesn’t have to depend on high-tech solutions

Sustainability doesn’t have to depend on high-tech solutions

by • Architecture, Environment, Features, Technology

sustainability and low tech solutionsIt’s a popular idea that the path to sustainability lies in high-tech solutions. By making everyday items like cars electric, and installing smart systems to monitor and reduce energy use, it seems we’ll still be able to enjoy the comforts to which we’ve become accustomed while doing our bit for the planet – a state known as “green growth”. But the risks of this approach are becoming ever clearer. Many modern technologies use materials like copper, cobalt, lithium and rare earth elements. These metals are in devices like cell phones, televisions and motors. Not only is their supply finite, but large amounts of energy are required for their extraction and processing – producing significant emissions. (more…)

Building workplace resilience in a changing environment

Building workplace resilience in a changing environment

by • Business, Features, Flexible working, JB, Workplace

workplace resilienceFor decades, it has been agreed that change is a constant. So, doesn’t it stand to reason that before a change or crisis happens, an organization should have the ability and resilience to transform? In the McKinsey report, The resilience imperative: Succeeding in uncertain times, resilience is defined as, “the ability to withstand unpredictable threat or change and then to emerge stronger.” In other words, it is the ability to sustain and endure. And it applies just as much to workplace resilience as any other element of the organisation. (more…)

A third of businesses plan to scrap self-isolation for workers

A third of businesses plan to scrap self-isolation for workers

by • Flexible working, News, Workplace

self-isolationNew research suggests that many British employers won’t require staff who test positive for Covid-19 to self-isolate at home now that the remaining legal restrictions have been lifted. A poll of 250 business owners, CEOs and senior managers, by HR software provider CIPHR, claims that less than half (48 percent) are planning to keep staff with Covid at home and away from the workplace. One in five (21 percent) of those surveyed are still unsure how they’ll deal with the imminent easing of self-isolation restrictions for positive or asymptomatic people. (more…)

ESG issues top wish-lists for investors and employees

ESG issues top wish-lists for investors and employees

by • Environment, News, Workplace

ESGThe annual EY Long-Term Value and Corporate Governance Survey finds a significant increase – from 66 percent to 84 percent – of board members and C-suite who say the COVID-19 pandemic increased expectations from consumers, employees, governments and broader society that companies will drive societal impact, environmental sustainability, and inclusive growth. However, there’s also an increase – from 28 percent to 43 percent – in respondents identifying lack of commitment from the board to make decisions that fully integrate ESG factors that would lead to long-term value. Fifty five percent of respondents say there are significant differences of opinion among leadership on how to balance short-term considerations with long-term investments and sustainable growth. That figure jumps to 68 percent of board chairs and non-executive board directors. (more…)

Wellbeing strategies often fail to align with business objectives

Wellbeing strategies often fail to align with business objectives

by • News, Wellbeing, Workplace

wellbeingEmployers feel far more responsibility for employee health and wellbeing than ever, yet formalised strategic action often remains unchanged, claims Aon’s UK Benefits and Trends Survey 2022. The report suggests there has been a significant increase over the last year in the number of employers that strongly agree they have a responsibility for the health and wellbeing of their employees, rising from 20 percent in 2021 to just over half of all respondents (51 percent) in 2022. Forty-four percent agree they have a responsibility, and just 5 percent disagree or have no view. (more…)

ESG concerns mean half of younger workers considering career change

ESG concerns mean half of younger workers considering career change

by • News, Workplace

Ethical behaviour ESGCompanies across the UK risk losing out on top talent if they fail to take account of younger workers’ greater ethical awareness, with the majority willing to sacrifice earnings for their values. New research by Robert Half claims that nearly two in five (38 percent) employees would look for a new role if they thought their organisation was not doing enough on ESG (environmental, social and governance) issues, such as reducing carbon emissions or operating ethically. (more…)

Working from home fuels concerns for energy consumption

Working from home fuels concerns for energy consumption

by • Environment, Features, Flexible working

working from home and the environmentBack in February 2020, consulting firm WSP UK published some interesting research that revealed those working from home during the summer saved around 400kg of carbon emissions, the equivalent of 5 percent of a typical British commuter’s annual carbon footprint. The catch was that it was just a seasonal benefit. If an average employee worked at home all year round, they would produce 2.5 tonnes of carbon per year – around 80 percent more than an office worker. This is because, during the winter, most heating systems in Britain heat the whole house, which produces far more carbon emissions than would be produced from the commute.   (more…)

Workplace culture needs a rethink in line with employees’ changing priorities

Workplace culture needs a rethink in line with employees’ changing priorities

by • Flexible working, News, Workplace

workplace cultureConsiderable job insecurity and uncertainty has pushed companies to rethink their workplace culture to meet employees’ new needs, priorities, and expectations, according to the annual Fjord Trends report from Accenture. According to the report, nearly two years of social, economic and employment disruption has resulted in a collective shift in people’s relationships with work and employees are re-assessing what they want and expect from a company culture and employee value proposition. This means enhancing workplace flexibility, benefits packages, and greater employee care and compassion will continue to be notable trends in 2022, creating both challenges and opportunities for businesses looking to retain and recruit talent. (more…)

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