Search Results for: workplace

Take up of office space in central London strongest for six years

Take up of office space in central London strongest for six years

British Land/GIC’s development at 100 Liverpool Street, EC2 office spaceThe first quarter of 2019 saw take-up of office space in central London at its strongest for six years, as it continues to outperform expectations. This is according to Savills, which also reports 1.16 million sq ft of new lettings being agreed in the City of London. In the West End, 42 transactions completed in March alone took total activity for Q1 2019 to 98 office lettings. In the City, there were 100 occupational deals for the year to date, of which 33 completed in March. The tech & media sector accounted for the largest share of take-up in the West End, at 25 percent, while the City benefited from a surge of serviced offices.

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UK should phase out greenhouse gas emissions by 2050, claims government report

UK should phase out greenhouse gas emissions by 2050, claims government report

productivity and environment greenhouse gasThe UK can end its contribution to global warming within 30 years by setting an ambitious new target to reduce its greenhouse gas emissions to zero by 2050, the Committee on Climate Change (CCC) has said in a report today. But the habits of people and organisations will have to change dramatically. Ten years after the Climate Change Act became law, now is the right moment to set a more ambitious goal. Achieving a ‘net-zero’ target by the middle of the century is in line with the UK’s commitment under the Paris Agreement; the pact which the UK and the rest of the world signed in 2015 to curb dramatically the polluting gases that cause climate change. (more…)

Team activities more engaging for young professionals

Team activities more engaging for young professionals

Team activities designed to boost morale and strengthen relationships, are more successful in engaging younger talent than individual ones, a new report suggests. The research carried out by Perkbox and Talentpool claims that employer recruitment techniques are adapting incentives accordingly in a bid to attract top young talent, as young professionals today seem to like to prioritise ‘team’ over ‘individual’ in all of their everyday working practices. (more…)

Vast majority of accountants think there’s been a cultural shift in the profession

Vast majority of accountants think there’s been a cultural shift in the profession

Accountant at work cultural shiftSage has released its annual Practice of Now research report, which claims that there is a shifting cultural landscape in the accounting sector driven by evolving client demands and the marketplace. Of the 3,000 accountants surveyed worldwide, 90 percent believe there has been a cultural shift in accountancy as it enters the next decade. This shift is driving significant changes in hiring practices, business services and attitudes toward emerging technologies across the globe. (more…)

The impact of technology, cyber-risk and the future of corporate real estate

The impact of technology, cyber-risk and the future of corporate real estate 0

It’s no surprise to say that technology is having a significant impact on the workplace and the use of corporate real estate. The fast pace of change has seen technology impact all aspects of business, government and culture, as well as personal life, with a constant flow of new innovations and solutions helping us to do things more quickly and efficiently. Equally, technology also provides a challenge to business and, more specifically, corporate operations, with a whole array of disruptive technologies.

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Your company has a culture, whether you have designed one or not

Your company has a culture, whether you have designed one or not

Company culture has been in the spotlight even more than usual recently, with stories continuing to surface about the impact that it is having on businesses. The most recent being Revolut, who were called out on their questionable culture and business practices. The issues were put down to “growing pains” and a lack of budget. The truth is, every company has a culture It’s not the state-of-the-art office, the bean bags or pool table. It boils down to the founding principals and the way business gets done. It is the feel of the work environment and the way people treat each other and your implicit attitudes and behaviours. Ultimately, all of these things are in your hands — if you take it seriously from the beginning.

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Tech workers would quit jobs for better work-life balance

Tech workers would quit jobs for better work-life balance

Tech workers quit jobs for better work-life balanceThe tech sector is facing high departure rates as employees’ complain of work impinging on their home life, coupled with a lack of learning & development opportunities. It’s been estimated that vacancies already outweigh skilled talent in the UK tech industry, where there are an estimated 600,000 vacancies. Yet nearly two-thirds (62 percent) of tech workers say they would quit their job to achieve a better work-life balance. The research from CWJobs of over 1,000 IT workers also discovered that  this is even more important to Gen Z (aged 16-24), where seven in 10 (72 percent) would leave a company if this was compromised.

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“First ever” dedicated UK India tech hub opens at Royal Albert Dock London

“First ever” dedicated UK India tech hub opens at Royal Albert Dock London

A newly delivered building at Royal Albert Dock (RAD) in London has been launched as the UK India Tech Hub to provide a designated space for technology firms from India and the UK. It is claimed to be the first venture capital fund that has partnered with a business district to create a tech hub anywhere the world. Under the partnership agreement, developer ABP London and investors Pontaq will provide technology firms with work space while Pontaq’s tech fund will be invested in tech start-ups to assist them to develop and expand. India High Commissioner, Ruchi Ghanashyam, and Under Secretary of State at the Department for International Trade, Graham Stuart MP, along with Mayor of Newham Rokhsana Fiaz, witnessed the signing of an agreement between Royal Albert Dock developer ABP London and the venture capital firm Pontaq. (more…)

Employee anxiety peaks despite government’s pledge to uphold workers’ rights post-Brexit

Employee anxiety peaks despite government’s pledge to uphold workers’ rights post-Brexit

Brexit UKDespite the government’s pledge to keep and strengthen workers’ rights in a post-Brexit world, research from the CIPD has revealed that over a quarter (26 percent) of British employees have expressed job anxiety. Simultaneously, a recent article from the Guardian also states that 64 percent of people believe the stress caused by Brexit is bad for their mental health. (more…)

Role of AI and automation in recruitment poses a challenge for HR

Role of AI and automation in recruitment poses a challenge for HR

Last week, news emerged that an automated system at Amazon had started firing low performing workers, highlighting the new role of AI and automation in traditional HR practices. Now a new report from the CIPD claims that the use of such systems will have a widespread but mixed impact on jobs. According to the study, the introduction of these new technologies at work will see job opportunities grow, by enhancing roles, employee skills and their pay. However, lack of thought and planning on how people and technology work together is reducing productivity improvements and increasing the risk of people being left behind.

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UK productivity slump linked to employee experience and lack of meaning, claims Deloitte report

UK productivity slump linked to employee experience and lack of meaning, claims Deloitte report

Only half of UK employees consider their organisations to be effective at creating a positive work environment and only two fifths consider their employer to be effective at creating meaningful work. With 84 percent of workers stating that employee engagement and productivity are linked and 68 percent say their organisations do not measure the correlation between employee engagement and productivity – suggests UK business leaders need to think differently to prevent productivity slumps. The findings are from the Deloitte Human Capital Trends 2019 survey, which tracks the top trends shaping the agenda for HR and business leaders both in the UK and globally. Employee experience, leadership and learning, respectively, led this year’s top 10 UK trends.

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Governments must do more to prepare people for the future of work

Governments must do more to prepare people for the future of work

Governments need to overhaul their approach to employment and jobs to reduce further social and economic tensions, according to a new report from the OECD which explores the future of work. Without rapid action, many people, particularly the low skilled, will be left behind in the fast-changing world of work. The OECD Employment Outlook 2019 is part of the OECD’s Future of Work initiative and the “I am the Future of Work” campaign, which aims to make the future of work better for all, helping to transform learning and social protection systems and reduce inequalities between people and across regions.

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