Search Results for: environments

Flexible working and coworking are disrupting property markets worldwide

Flexible working and coworking are disrupting property markets worldwide 0

wework-soho-london-1Coworking space and the growth of flexible are already having a major disruptive effect on commercial property markets worldwide, according to a study from real estate trade association CoreNet Global. The survey of members representing a diverse range of sectors found that the two most disruptive trends in the market over the short to medium term are flexible working environments (64  percent) and new technology (64 percent). The report, which has been issued to CoreNet members ahead of the organisation’s 2015 EMEA Summit which will take place in London in September, claims that coworking spaces are capitalising on these trends to have a major disruptive effect on local property markets and are particularly attractive to occupiers from specific sectors such as those working in financial technology.

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Flexible working now an almost universal employee benefit, claims study

Flexible working now an almost universal employee benefit, claims study 0

flexible workingA new report from employee benefits provider Unum claims to set out the future trends and challenges affecting the benefits packages firms should offer staff. One of the headline claims from the report is that four out of five employers (79 percent) already offer flexible working. ‘The Future of Employee Benefits’ report surveyed 13 organisations and incorporated the results with those of a series of interviews and roundtable discussions with employers and specialists including representatives from the Chartered Institute of Personnel and Development. The report identifies a series of macro trends affecting workplace wellbeing and the recruitment and retention of employees over the next 15 years, which were categorised into four distinct working environments: The Ageless Workplace; The Mindful Workplace; The Intuitive Workplace; and The Collaborative Workplace.

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Sit-stand desks, co-working revolution, FM self-image and more

Sit-stand desks, co-working revolution, FM self-image and more 0

Insight_twitter_logo_2In this week’s issue; why UK employers need to step-up the adoption of sit-stand desks; a worldwide upsurge reported for flexible working environments and left-handed staff experience practical problems at work. Sara Bean says efforts to increase the number of women in senior executive positions shouldn’t overlook the discrimination faced by older female job applicants; and Mark Eltringham applauds Stud Terkel’s insights on the working lives of ordinary Americans and argues FM is not alone in thinking that it doesn’t shout loudly enough to make itself heard. Research shows the key to restoring productivity growth is to shift job-creation towards higher-productivity sectors and a new study finds only one in ten workers attempt to keep their devices and data secure. Check out our new events page, subscribe for free quarterly issues of Work&Place and weekly news here, You can follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

London is leading the way in the global coworking revolution

London is leading the way in the global coworking revolution 0

WeWork MoorgateChanging attitudes amongst occupiers towards office space and the explosion in the numbers of freelance workers and microbusinesses are driving an upsurge in coworking and other flexible working environments worldwide. That is the key conclusion of a new report from DTZ which claims that the number of dedicated flexible working locations worldwide is likely to hit 50,000 over the next three years, with parts of London leading the way. We reported recently how coworking pioneer WeWork has already announced its plans to dominate London’s commercial property scene in the same way it already does Manhattan’s. Now, the How You Work report from DTZ suggests that this is the shape of things to come for many cities, with London leading the way alongside a tranche of global tech and creative centres such as New York, Berlin and Shanghai.

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Using office relocation as a vehicle for positive organisational  change

Using office relocation as a vehicle for positive organisational change 0

Using office relocation positivelyThe impact of office relocation can no longer be solely measured in immediately tangible terms. This doesn’t mean market factors can be dismissed, especially given CBRE’s recent announcement that office vacancies are at an all-time low while rents skyrocket and favourable terms for tenants erode. However, in an era where 67 percent of workplaces cite employee attraction and retention as the most important driver of their workplace design, and 46 percent cite productivity, the human factor also can’t be ignored. If such CBRE statistics aren’t challenging enough, there are also the realities of the modern workspace to contend with, such as creating an environment that suits generations of employees. It’s these human impacts that drive the importance of workplace design and urge top-flight businesses to use office relocation as a vehicle for positive change. Here are some of the latest findings.

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Far from dying out, the office is becoming more essential than ever

Far from dying out, the office is becoming more essential than ever

Sit-stand_desk_in_officeSamsung recently released a new report which explores how our offices might look in the year 2025. The death of the office has been predicted over and over again, however the Samsung Smarter Futures Report goes against the grain and predicts that the office could actually become more important than ever. Driven by the adoption of smart technology the report claims that offices will become hubs for productivity and collaboration and what Samsung calls ‘Creative Villages’. Smart technology will create devices and systems that take notes, automate admin tasks, organise meetings and deliver information as you need it. This will mean employees have more time for face to face communication and collaborative work. As a consequence, current trends such as flexible working and agile workspace could actually become less of an issue than they are currently.

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Fifth of new mothers claim to experience workplace discrimination

Fifth of new mothers claim to experience workplace discrimination

Fifth of new mothers experience workplace discriminationOne in five new mothers experienced harassment or negative comments from their colleagues, employer or manager when pregnant or returning from maternity leave, a new report by the Equality and Human Rights Commission claims. It also found disturbing evidence that around 54,000 new mothers may be forced out of their jobs in Britain each year. The findings are based on a survey of over 3,200 women, in which 11 percent of the women interviewed reported having been dismissed, made compulsorily redundant where others in their workplace were not, or treated so poorly they felt they had to leave their jobs. If replicated across the population as a whole, this could mean as many as 54,000 women losing their jobs each year. Despite this perception, the majority of employers claimed they were firm supporters of female staff during and after their pregnancies and find it easy to comply with the law.

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Coworking juggernaut WeWork announces plans to dominate London

Coworking juggernaut WeWork announces plans to dominate London

wework-soho-london-1Earlier this month, US based coworking juggernaut WeWork announced that it had opened the UK’s largest space of its kind in Moorgate in East London. Now, according to a report in the journal CoStar, the firm is looking to become a major tenant in the commercial property market in London in the same way that it has come to dominate Manhattan. According to the report, WeWork is looking to acquire over 1 million sq. ft. of space in the capital over the next 18 months as it seeks to provide coworking space for its growing customer base of young creative and technology businesses and other start ups. If it succeeds in finding the space it wants, the firm will have quadrupled the commercial property it occupies in London to 1.5 million sq. ft. WeWork is already Manhattan’s largest tenant and is now valued at $10 billion, having started in 2010.

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Occupiers give big thumbs down to service levels from property sector

Occupiers give big thumbs down to service levels from property sector

facebook-thumbs-downThe property sector offers its customers pretty appalling customer service, according to a ‘damning’ new report from the British Council of Offices (BCO).  The study, based on the experiences of just 64 occupiers claims that fewer than one in five (17 percent) rate their property management service as “good” or “excellent” and fewer than one in three feeling that their suppliers understood their business needs. The survey found that although customer service is lacking, satisfaction with the end product itself was high, with two out of three occupiers happy with the quality of their office and three out of four perceiving quality to have improved over the past 10 years. The report sets out a 10-point action plan to improve the service occupiers receive, including adopting a new definition of “building performance” set by the BCO and encouraging more transparency.

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UK property industry ‘lags-behind’ customer service revolution says BCO

UK property industry ‘lags-behind’ customer service revolution says BCO

Customer service lags behindOnly 1 in 5 office occupiers rate their property management service as ‘good’ or ‘excellent’, according to new research by the British Council for Offices (BCO). While two thirds of occupiers are happy with the quality of their office and three quarters perceive the quality of office space to have improved over the past 10 years, less than one in three occupiers feel the industry understands their business needs. This clear gap between customer expectation and customer experience has led the BCO to call on the industry to develop a better understanding of what a well-performing building looks like from an occupier perspective. The BCO has developed a new definition of building performance, which sets out to frame a more sophisticated approach for property owners and managers to engage with occupiers, focusing upon value and quality creation, rather than simply cost reduction.

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Humans will remain at the heart of the emerging digital workplace

Humans will remain at the heart of the emerging digital workplace

HumanThe speed of technological development over the last 30 years has been pretty mind blowing. Of course, some technologies came and went, for instance you would struggle finding fax machines in your office nowadays or people using Pagers to contact one another.  It’s no wonder that in the early nineties futurologists predicted the death of the office. Technology was shaping the way we worked and was leading us away from office buildings towards a digital workplace. Yet videoconferencing hasn’t destroyed the need for business travel. Team meetings haven’t been abandoned because of messaging services like Yammer, Slack, Lync and Webex. We still do a lot of business face to face over coffee in a meeting room. Although technological advances have greatly improved the way we connect and do business, companies still appear to value human interaction.

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Over half of workers feel required to work on holiday, and it’s becoming the norm

Over half of workers feel required to work on holiday, and it’s becoming the norm

Working on holidayMobile technology is acknowledged as a boon to flexible working, but can very easily spill into an unhealthy work/life balance. This is most in evidence around summer holiday time, as illustrated by the latest poll on the subject by the Institute of Leadership & Management (ILM). It surveyed more than 1,000 UK workers and managers to find that more than half of workers (61%) feel obligated to work while on leave. The ILM suggests this is the negative side effect of modern technology, as people are contactable anytime and anywhere. 64 percent read and send emails during their time off, 28 percent take business phone calls and 8 percent go into the office. Meanwhile, only 28 percent of those surveyed reported that they had had arguments with friends and family about their working on holiday, down from 37 percent two years ago, which seems to indicate that it is fast becoming the norm to be constantly switched on.

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