Search Results for: financial services

Third of firms plan to reduce office space

Third of firms plan to reduce office space

office spaceMajor UK employers plan to reduce their office space by up to nine million square feet, equivalent to 14 Walkie Talkie buildings – the 37 floor high rise on London’s Fenchurch Street – according to PwC’s Occupier Survey of 258 of the UK largest companies. The fresh figures show half of the organisations surveyed expect to reduce the size of their real estate portfolio and, of these, one third believe they will reduce their office footprint by more than 30 percent. (more…)

Is the time right for office furniture as a service?

Is the time right for office furniture as a service?

office furniture financingThe focus on creating a more sustainable workplace is increasing. Many designers, specifiers, manufacturers, suppliers and, of course, users are pledging their allegiance to the cause. Some are driven by a genuine recognition of the climate crisis whilst others are appreciating that commercially, it’s an essential direction.  ‘Zero to landfill’ has been given ‘green bragging rights’ for some time. In reality, due to the significantly lower cost of incineration versus recycling, most material isn’t reclaimed, it is burnt. Whilst ‘energy from waste’ might alleviate some guilt, it is still contributing to pollution. (more…)

After a year of lockdowns, people are burnt-out but happier

After a year of lockdowns, people are burnt-out but happier

Woman approaching pile of work looking stressed and burnt-outGlint’s latest insights report shows that there is a worrying increase in employees experiencing challenges with their mental health, with burnout risk trending upwards year-over-year. That spiked in late March 2020 and climbed by nearly 4 percent between August and December 2020. That’s not a big surprise, given the first challenging months of the global pandemic. Paradoxically, employees say that despite feeling burnt-out, they also feel happier at work at the end of a year of lockdown than they did at the start. Is this some sort of contradiction—or evidence of something very encouraging about the state of HR? (more…)

Remote working one year on: three-quarters of employees feel worse

Remote working one year on: three-quarters of employees feel worse

remote workingRemote workers are still struggling with distracting working environments, stress and an ‘always-on’ culture after a year of working from home. Egress’ Remote working: one year on report claims that three-quarters of remote workers reported feeling worse as a result of long-term working from home, with almost over one-third (39 percent) feeling more stressed. (more…)

Employees are bearing up, but nerves are frayed

Employees are bearing up, but nerves are frayed

employeesAccording to new data from  Glint, despite the odds, employees were happier at work at the end of 2020 than they were at the end of 2019, but feelings of burnout remain worryingly high. Looking at aggregated data from 9 million employee-engagement survey responses from companies around the world, Glint’s latest analysis claims that employee happiness at work rose 5.4 percent in December 2020, compared to December 2019. (more…)

Business leaders set out plans to create ‘tech supercluster’ in West Midlands

Business leaders set out plans to create ‘tech supercluster’ in West Midlands

West Midlands superclusterGenerating £27.8 billion gross value added annually, and employing more than 360,000 people, the West Midlands is the UK’s largest centre for business, professional and financial services (BPFS) outside London. Now, business leaders from Shoosmiths, Wesleyan, Bruntwood CBRE amongst others, are working with the region’s just under 12,500 leading tech and digital companies to see how they can integrate AI and advanced technology into their everyday activities. (more…)

Focus shifts to refurbishment as new office building in London falls by half

Focus shifts to refurbishment as new office building in London falls by half

office building and constructionThe construction of new offices in central London has declined by half (50 percent) in six months as developers and occupiers shift their focus to refurbishment, according to Deloitte Real Estate’s latest London Office Crane Survey. The crane survey analysed office building data over the six months to 30 September, and included a poll of London’s biggest developers conducted at the end of September. The total office space under construction in central London is now 15.1 million sq ft. This is similar to the level recorded in the previous survey (15.3 million sq ft, the highest since 2002) as developments are now taking longer to complete. (more…)

Furlough schemes are leaving isolated staff down in the dumps

Furlough schemes are leaving isolated staff down in the dumps

furlough isolationSince March, Glint has been creating a dataset which now consists of 7 million survey responses from employees around the world and across a broad range of industries. Our aim is to take the pulse of the global workforce to see how it’s faring with our ongoing global health crisis and to understand its effects on work. The recent August report shows that pandemic-related layoffs and furloughs have hit employees hard. 56 percent of respondents report feeling less happy at work after seeing co-workers furloughed or laid off. Half of respondents say their organisation’s layoffs or furlough plans have had a negative impact on their workload (50 percent) and their sense of belonging or community at work (47 percent). (more…)

Many people are demoralised, disconnected and worried. We need to talk about that.

Many people are demoralised, disconnected and worried. We need to talk about that.

Since March, Glint has been creating a dataset which now consists of 7 million survey responses from employees around the world and across a broad range of industries. Our aim is to take the pulse of the global workforce to see how it’s faring with our ongoing global health crisis and to understand its effects on work. (more…)

Artificial Intelligence is critical to organisations, but many unprepared

Artificial Intelligence is critical to organisations, but many unprepared

Artifical IntelligenceA new report from information technology company Wipro Limited claims that enterprises of the future will be built on a foundation of Artificial Intelligence (AI), Analytics, Machine Learning, Deep Learning and Automation. According to the ‘State of Intelligent Enterprises’ report, these technologies are central to solving business problems and driving innovation. Most businesses consider AI to be critical to improve operational efficiency, reduce employee time on manual tasks, and enhance the employee and customer experience. (more…)

UK faces urgent AI skills gap, Microsoft report claims

UK faces urgent AI skills gap, Microsoft report claims

The UK is facing an AI skills gap that could leave companies struggling to compete with rivals from across the world, a new Microsoft report claims.  The research, entitled AI Skills in the UK, also found that businesses in this country use less AI than firms overseas, and when they do it tends to be less advanced. UK organisations are also less likely to be classed as “AI pros” compared to the global average (15 percent versus 23 percent), and the UK has a higher failure rate of AI than the global average (measured by the number of projects generating no commercial value – 29 percent versus 19 percent). (more…)

Older people are happiest at work

Older people are happiest at work

The latest edition of the annual Age Research by Engaging Works claims that the happiest people in the workplace are those beyond middle age. By comparison, young employees don’t feel rewarded or recognised and feel that their views are not heard at work. They are also more likely to suffer anxiety in the workplace. However, it’s middle aged employees who are struggling the most at work, admitting that they feel the least developed. They also feel that they have a poor feeling of wellbeing at work and that they don’t have enough information to do their job. (more…)