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US experiences huge increase in telecommuting since 2005, claims study

US experiences huge increase in telecommuting since 2005, claims study 0

FlexJobs and Global Workplace Analytics have published their 2017 State of Telecommuting in the US Employee Workforce report, which claims to be the most up-to-date and comprehensive data analysis available on the state of working from home in the United States. According to the study, the number of people telecommuting in the US increased by 115 percent between 2005 and 2015. Other key findings of the study include: 3.9 million U.S. employees, or 2.9 percent of the total U.S. workforce, work from home at least half of the time, up from 1.8 million in 2005 (a 115 percent increase since 2005); the average telecommuter is 46 years of age or older, has at least a bachelor’s degree, and earns a higher median salary than an in-office worker; roughly the same population of women and men telecommute; and in more than half of the top US metro areas telecommuting exceeds public transportation as the commute option of choice. The report’s definition of telecommuting refers to non-self-employed people who principally work from home at least half of the time.
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Extending the length of working lives could boost UK GDP by £80 billion

Extending the length of working lives could boost UK GDP by £80 billion 0

The UK could boost its GDP by around 4.2 percent (around £80 billion at today’s values) if the employment rate of workers aged over 55 could match that of Sweden, the highest performing EU country, according to a new PwC analysis comparing the employment of older workers across 34 OECD countries. There is a 12 percentage point gap between the employment rates of workers aged 55-64  in the UK and Sweden. PwC’s Golden Age Index is a weighted average of indicators – including employment, earnings and training – that reflect the labour market impact of workers aged over 55. The UK has remained middling in the rankings since 2003, falling by one place from 18th in 2014 from 19th in 2015. The report suggests that extending working lives could have a transformational effect on the economy.

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3D printing and Virtual Reality could reduce waste in design and construction says BCO

3D printing and Virtual Reality could reduce waste in design and construction says BCO 0

3D printing and Virtual Reality could reduce waste in design and construction

Digital technologies such as Virtual Reality (VR) and 3D printing could help reduce waste during a design and construction project, suggests a new report from the British Council for Offices (BCO). “Virtual Reality and 3D Printing – Reducing waste in office construction through new technology” reviews the existing applications of these technologies and their ability to mitigate waste during the design and construction process. The report, which is the result of a collaboration between an international team of multi-disciplinary experts also identifies opportunities and challenges for the technology in the future. According to the authors, if the UK construction industry is to come anywhere close to achieving the ambitious targets set out in the Government’s 2025 construction strategy there needs to be a sensible re-think about how we design, procure and construct buildings in the future; and two technologies that are now reaching maturity and could help are VR and 3D printing.

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We need to design for a multigenerational workforce

We need to design for a multigenerational workforce 0

Excitingly, the workforce is becoming increasingly diverse. However there’s more talk about millennials in the workplace than anyone else. In stark contrast to popular belief, the reality is that the British workforce is getting older on average which means that office design must now consider a new set of workplace requirements. The challenge for designers is to create inclusive environments that address the needs of highly skilled and experienced older workers, while still providing productive environments for all users, ensuring the entire multigenerational workforce is engaged, happy and productive. International bodies are already worried about the fiscal impact of an older workforce, in May the World Economic Forum (WEF) said that a looming fourfold rise in over-65s by 2050 is the financial equivalent of climate change. With people born today having a life expectancy of more than 100, WEF warned of more years in the office to provide financial security in later years, as well as a creeping retirement age heading towards 70. This ageing population and workforce will certainly need consideration when it comes to supporting their health and wellbeing.

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Long term problems predicted for EU businesses if gender pay gap persists

Long term problems predicted for EU businesses if gender pay gap persists 0

As we reported earlier this week, more needs to be done to ensure that female representation in the boardroom increases; and now a new report paints a negative future for European businesses if the pay gap isn’t adequately addressed. Mercer has warned that a failure to address the EU’s substantial gender pension gap (40 percent), could cause long-term problems for businesses and governments alike; as through its analysis, the consultancy has found that the pension gap varies widely from one member state to another, however half have gaps of 30 percent or more. In its white paper The Gender Pension Gap – From Awareness to Action Mercer outlines the key drivers behind the pension gender gap, how it will impact companies and how they can start to address it within their workforce. Women continue to be significantly under-represented at all levels of the work force; in the EU their participation rate is 10 percent lower than men. The European Commission’s recent proposal for a directive on work-life balance for parents and carers, including the introduction of carers’ leave for dependent relatives, aims at addressing this under-representation.

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We will soon all have to work into our 70s, claims World Economic Forum

We will soon all have to work into our 70s, claims World Economic Forum 0

The retirement age in Britain and other developed countries will need to rise to 70 by the middle of the century to head off the biggest pension crisis in history, according to a report from  the World Economic Forum. The world’s six largest pension systems will have a joint shortfall of $224 trillion by 2050, imperilling the incomes of future generations and setting the industrialised world up for the biggest pension crisis in history. To alleviate the looming crisis, governments must address the gaps in access to the pensions system and ageing populations as they are the key sources of the widening pension gap. These are the main findings of the new World Economic Forum report, We’ll Live to 100 – How Can We Afford It?, released today, which provides country-specific insights into the challenges being faced at a global level and potential solutions. The report is the latest study to calculate the impact of ageing populations in the world’s largest pension markets, which include the United States, United Kingdom, Japan, Netherlands, Canada and Australia. The issue has implications for the workplace that are already becoming evident as the working population ages and more people choose to defer retirement.

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Workplace reforms become a key element in the election debate

Workplace reforms become a key element in the election debate 0

The workplace has become one of the key battlegrounds in the UK general election debate, as the main political parties seek to court mainstream opinion and with the imminent publication of the Taylor Review into the gig economy. The Labour Party will today announce in its manifesto a commitment to provide 30 hours of free childcare for all two to four-year-olds, covering 1.3 million children. Yesterday, the Conservatives announced that employees will be offered the right to take up to a year off work to care for family members with illness or disability as well as commitments to introducing statutory child bereavement leave and the right to request time off work for training. There are also expected to be other announcements into the workings of the gig economy with new rules to extend maternity and sickness pay to workers who are currently classed as self-employed.

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Built environment sectors ignoring the potential of smart cities and big data

Built environment sectors ignoring the potential of smart cities and big data 0

There is little or no evidence of the built environment, real estate and construction sectors engaging directly with the smart city agenda, according to a new RICS Research Trust report by University of Reading academics. The research, which examined four case studies (Bristol, Milton Keynes, Amsterdam and Taipei) found that less than a quarter of UK cities had an smart city action plan. Of those that did, the main focus in the smart city case studies is on open data. As a result, city residents are not benefitting from a clear strategy for smart cities according to the report Smart Cities, Big Data and the Built Environment: What’s Required?

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Three quarters of people expect to work beyond the age of 65, claims report

Three quarters of people expect to work beyond the age of 65, claims report 0

For all the talk about the growing number of Millennials at work, most of the interesting stuff about workplace demographics appears to be happening at the other end of the age scale. A record number of employees now expect to work past the official retirement age and many expect to work up to the age of 85, according to a new study by Canada Life. It claims that 73 percent of UK employees will work past the age of 65, up from 67 percent in 2016 and 61 percent in 2015. More than a third (37 percent) of these could be older than 70 before they retire and 10 percent expect to be at least the age of 85 when they retire, if they can retire at all. Younger workers are particularly likely to expect to work past the age of 65, rising to more than four in five (84 percent) of 25-34 year olds. Many expect to be unable to afford to retire but a growing number will continue to work because they want to.

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People in the gig economy need autonomy and good work too, argues RSA

People in the gig economy need autonomy and good work too, argues RSA 0

Gig economy workers should be given more power to hold companies to account under the law as a first step to making the new er of work fit for the future, according to a new report and survey published by the RSA. Good Gigs: A fairer future for the UK’s gig economy recommends the burden of proof be shifted to companies to prove gig workers are not employees, and that penalties should be strengthened against companies who use clauses that prohibit employment status litigation. As part of the project, the RSA undertook the largest ever survey on Britain’s gig economy, which reveals that there are currently 1.1 million people working in Britain’s gig economy, making it almost as big as NHS England.

 

 

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Government failing to meet goals for an integrated real estate portfolio

Government failing to meet goals for an integrated real estate portfolio 0

The UK Government is getting better value for money from its estate, according to a new report from the National Audit Office. The Government Property Unit (GPU), however, has not yet made much progress towards its objective of creating a shared, flexible and integrated estate. The government’s central estate includes some 4,600 individual holdings, costing around £2.55 billion a year to run. The GPU, which is part of the Cabinet Office, was set up in 2010 to better co-ordinate estate management in the public sector. Since the NAO’s last report in 2012, departments have continued to make good progress in reducing the overall size of the central estate. They have also reduced overall estate spending and pay less for office accommodation than private sector comparators. Departments report they have reduced their annual estate costs by £775 million in real terms since 2011-12 to around £2.55 billion in 2015-16. Between 2011-12 and 2015-16, departments raised £2.5 billion by selling surplus land and properties. The GPU is also starting to have an impact on the wider public estate.

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Proactive approach needed to improve accessibility within the built environment

Proactive approach needed to improve accessibility within the built environment 0

Proactive approach needed to improve accessibility within the built environment

Inaccessible workplaces are too common problem that disabled people face in accessing buildings and public spaces, and the Government must lead a charge in improving access and inclusion in the built environment, according to a report by an influential cross party committee published today. The Women and Equalities Committee’s Disability and the Built Environment inquiry has been examining the extent to which those with accessibility issues are considered and accommodated in our built environment, and whether more could be done to increase the accessibility and inclusivity of both new and existing properties and spaces. The report recommends public procurement, fiscal initiatives and transparently modelling best practice, while bringing the full range of work on improving access and inclusion in the built environment into a coherent and transparent strategy, with the Department for Communities and Local Government held responsible for making this happen. The report found that many workplaces are inaccessible, there is very little choice of where to live and the public spaces through which people need to move can be prohibitively excluding; all of which constitute an unacceptable diminution of quality of life and equality.

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