Search Results for: financial services

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 →

Data is changing the role of the workplace and HR

Data is changing the role of the workplace and HR

Business leaders have been heavily dependent on HR, real estate, and technology functions working together to help their organisation adapts to this new world of work during the pandemic. Ensuring personal safety, promoting wellbeing, encouraging collaboration, and maintaining efficient service delivery will never be more important than in the coming months. The challenge facing CRE leaders is how to advise on the appropriate range of workspaces and hygiene standards to allow organisations and their people to thrive, and how to cut through the complexity of accessing and interpreting data to achieve this. More →

Organisations think empowering people is the route to success (but only a few act)

Organisations think empowering people is the route to success (but only a few act)

Nearly 90 percent of organisations say their success depends on empowering frontline employees to make decisions in real, but only 7 percent offer people the tools they need, according to a new report from  Harvard Business Review Analytic Services, sponsored by ThoughtSpot. The report, The New Decision Makers: Equipping Frontline Workers For Success, analyses the sentiments of 464 business executives from 16 industry sectors in North America, Europe and Asia Pacific.  Only one-fifth of organisations say they currently have a truly empowered and digitally equipped workforce while 86 percent agree their frontline workers need better technology and more insight to be able to make good decisions in the moment. More →

Workplace transformation decisions shifting from HR to senior management

Workplace transformation decisions shifting from HR to senior management

Infosys Knowledge InstituteWorkplace transformation (IKI), the thought leadership and research arm of Infosys, have published a global research report titled, ‘Drive Change from Within.’ The research claims that CEOs are now prioritising on driving a workplace transformation roadmap and contributing to its development in the organisation. More →

Fit notes for stress-related disorders rise by 8 percent

Fit notes for stress-related disorders rise by 8 percent

stressGPs issued nearly three-quarters of a million fit notes last year stating that an individual was not fit to work due to a stress-related disorder, new research has claimed. This is a rise of 8 percent compared to 2017/18 (741,210 notes issued, up from 686,670), employment law firm GQ Littler said. The total number of fit notes issued increased by 4 percent over the same period to 9.7 million, up from 9.3 million. More →

Growing number of major firms commit to net zero carbon buildings

Growing number of major firms commit to net zero carbon buildings

Today, seven major global private sector companies including Goldman Sachs and Lendlease have announced pledges to slash emissions from their buildings to net zero, by signing up to the World Green Building Council’s (WorldGBC) Net Zero Carbon Buildings Commitment (the Commitment). The organisations have pledged to take urgent action to ensure their own portfolios of buildings operate at net zero carbon by 2030 or sooner. More →

Two-thirds of major world cities set for weaker growth as global slowdown bites

Two-thirds of major world cities set for weaker growth as global slowdown bites

Amsterdam is one of the citiesA new report from Oxford Economics (registration) predicts that the present slowdown in the global economy will persist into next year and it is already having a significant impact on growth in the world’s major cities and their prospects. Of the top 900 cities around the world, the report predicts that just under two-thirds, some 586, will experience slower growth in the period 2020-21 than they enjoyed during  the past five years – in some cases, very markedly slower, with growth rates of some key cities halved or more. More →