Search Results for: workplace

Flexible working men pay a greater career premium than women

Flexible working men pay a greater career premium than women 0

flexible workThe growing complexities of flexible working and changing gender roles are laid bare yet again in a new report published in Australia by management consultancy Bain & Company and advocate group Chief Executive Women. The report, The Power of Flexibilty, claims that male workers pay a penalty in their careers when they opt for flexible working because they enjoy less support and are more harshly judged than their female counterparts. Many are regarded as anomalies, caught between the expectation that men spend longer hours at work on the one hand, while striving to create a more balanced life, often in a household in which a woman is increasingly likely to be the main breadwinner. The authors of the report claim that men are currently experiencing the same sort of stigmas and biases faced by women in the early days of flexible working, even though both sexes continue to face barriers when opting for flexible work.

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Record investment in UK commercial property in 2015, but trouble ahead

Record investment in UK commercial property in 2015, but trouble ahead 0

IQ_officeA near record £67.5 billion was invested in UK commercial property in 2015, making it the second strongest year on record and 46 per cent above the 10-year average, according to research from commercial property analysts CoStar Group. Momentum slowed sharply in the second half of the year, with investment down 19 per cent from the previous year. According to CoStar, this reflects the fact that investment activity has been especially strong over the previous 18 months and good opportunities are harder to find, but also that global economic and political uncertainty are impacting investment decisions. Nevertheless, 2015 was a strong year for the UK’s Big Six regional cities. Office investment increased 16 per cent to £3.2 billion, which is the highest level since the recession and more than double the eight-year average. Foreign investors seeking standing assets and development opportunities underpinned much of this investment.

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Stress is now a fact of life for the vast majority of employees

Stress is now a fact of life for the vast majority of employees 0

stressExcessive stress threatens the wellbeing of employees across the UK and the rest of Europe, with 88 percent of British workers regularly experiencing stress at work, according to research by payroll software firm ADP. Nearly half (43 percent) of UK employees go further to say that stress is a constant factor in their roles and that they feel stressed ‘often’ or ‘very often’. In fact, just 12 percent of employees feel that they never experience workplace stress while 79 percent of UK workers feel that their employer is trying to help them manage stress levels. The report, The Workforce View in Europe 2015/16, surveyed 11,257 working adults across Europe, including 1,500 employees in the UK. It found that many employees now believe flexible working will help them deal with stress and achieve a better work life balance while over three-quarters (79 percent) of UK respondents feel their employer is trying to help them manage stress.

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Flexible working is now a requirement for many job seekers, claims report

Flexible working is now a requirement for many job seekers, claims report 0

flexible workingEmployees are increasingly keen to find jobs that offer them flexible working, according to a new study of the global labour market published by recruitment firm Indeed. The report also found that several of the world’s largest economies, including the US, Germany and Canada are suffering because low wages and lack of skills mean employers are unable to find the right people to hire. According to  the report, Labor Market Outlook 2016: Uncovering the Causes of Global Jobs Mismatch, interest in jobs that offer some form of flexible working as measured by online job searches that include terms such as “remote”, “work from home” and “telecommute”has increased by 42.1 percent over the last two years in nine of the 12 countries studied.  More than half of the top 50 keywords associated with searches for flexible work globally were related to high-skilled jobs, many in the tech sectors.

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M25 office market returns to pre-recessionary levels as demand increases

M25 office market returns to pre-recessionary levels as demand increases 0

London M25The ‘M25’ office market returned to pre-recessionary levels in 2015 as take-up reached 4.25 million sq ft, which is the highest recorded figure since 2007. Given the higher levels of demand in the regional commercial property market, take-up is predicted to reach 4.5 million sq ft for 2016. The research by Savills claims that the ‘Western Sector’ was the strongest performer in the market within the M25 during 2015, where 1.91 million sq ft was transacted, which accounted for 44 percent of total take-up. Improving economic conditions combined with a reduction in grade B and C office space, due to permitted development rights, meant that 62 percent of space transacted was for grade A space. Total supply currently stands at 18.34 million sq ft, which is a 7 percent decrease from 2014, not helped by the fact that approximately one million sq ft of office space has been converted to residential uses since 2014.

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Coworking goes mainstream + Sit stand working + Future for tech offices

Coworking goes mainstream + Sit stand working + Future for tech offices 0

Insight_twitter_logo_2In this week’s Insight newsletter; Mark Eltringham analyses the impact of the sit-stand movement and suggests that the I-phone is a very isolating piece of equipment; Georgi Georgiev says remote work is no longer just a freelancer’s game; and Paul Goodchild explains why co-working is shaping office design more than you’d imagine. A new report outlines the key future property trends for TMT workplaces; parents are at greater risk of burn out as they strive for work life balance; fewer than one in ten (8 percent) of UK organisations currently have a standalone wellbeing strategy; the positive benefits of active work are revealed and the UK’s CEO’s worries about cyber-risks. Download the latest issue of Work&Place and access an Insight Briefing produced in partnership with Connection, which looks at agile working in the public sector. Visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Delivering the low-down on the sit-stand workstation phenomenon

Delivering the low-down on the sit-stand workstation phenomenon 0

Kinnarps-sit-standWhile the UK, US, Australia and other nations continue to treat them as something of a novelty, across Sweden, Norway and Finland, over 80 per cent of office workers use sit-stand desks. Offering employees a height adjustable work station is now mandatory in Denmark. However, sit-stand working is still in its infancy in the UK, with only 2 per cent of similar workers having access to variable-height workstations.  Given the huge amount of news coverage devoted to the subject of sedentary lifestyles in the last couple of years, ‘sit-stand’ and ‘active working’ have become buzz terms in UK workplace design. The ‘On Your Feet Britain’* campaign has raised awareness of the health perils risked by the many Brits who spend an average of 8.5 hours a day sitting, whether at their desk or slumped in front of the telly.  Inevitably, savvy employers will be asking themselves if they can afford to ignore the problem.

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Rise in skills shortage vacancies as training in UK firms falls short

Rise in skills shortage vacancies as training in UK firms falls short 0

Lack of skills training is hampering growth say business leadersNew figures, published by the UK Commission for Employment and Skills (UKCES), show that despite a surge in job openings, the number of positions left vacant because employers cannot find people with the skills or knowledge to fill them has risen by 130 percent since 2011. These so-called “skills shortage vacancies” now make up nearly a quarter of all job openings, leaping from 91,000 in 2011 to 209,000 in 2015. Over a third of vacancies in electricity, gas and water and construction are now subject to some form of skills shortage, with transport and manufacturing not far behind. Only in public administration are skills shortages below 10 percent. And of particular concern, said the Chartered Management Institute was the revelation that almost half (48 percent) of UK managers have not received any form of training at all during the last 12 months, down from 50 percent in 2013.

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Shortage of available office space for major occupiers in many US cities

Shortage of available office space for major occupiers in many US cities 0

San FranciscoThe diminishing availability of office space across the US is creating challenges for major occupiers, according to a new report from CBRE. An improving economy and subsequent increase in office demand along with the slow commencement of new construction has led to a shortage of large blocks of available office space in some major cities, including Philadelphia, San Francisco and Manhattan. While construction activity began to increase recently, with many constrained central office markets having new projects under construction, heavy pre-leasing activity means that the increased supply is often not enough to meet demand from large space users. Among downtown markets in the third quarter of 2015, the fewest total available large blocks (defined as 100,000 square feet or more of contiguous space) in existing and under-construction buildings were in Philadelphia (six), San Francisco (seven) and South Manhattan (ten).

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UK’s CEOs rate cyber security as greatest challenge for their company

UK’s CEOs rate cyber security as greatest challenge for their company 0

Cyber attackAlmost three-quarters (74 percent) of chief executive officers in the UK rate cyber security as the third biggest risk to their company; over regulation and geopolitical uncertainty. Yet commenting on the firm’s 19th Annual Global CEO Survey, released at the World Economic Forum in Davos, PwC cyber security partner Richard Horne has warned that UK companies and institutions remain vulnerable to cyber-attacks, and more needed to be done by boards to protect company data and systems. He said there appeared to be a disconnect between concerns at the top of business and the speed and consistency with which these security measures can be implemented within organisations. This vulnerability to attacks becomes more stark with the speed of technological change and the way organisations’ new digital initiatives present greater potential for attackers, arming them with both new tools and a wider range of targets.

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Could a sexy office help you seduce clients back to your place?

Could a sexy office help you seduce clients back to your place? 0

1573_24-04-2015_8503I am not suggesting that a cool or sexy office is all you need to drive business outcomes. Nor am I going to suggest that all you need to do to grow a successful business is to invest in a fully loaded, bells and whistles, technology laden, productivity enabling office environment. Not that all of those things won’t help, they very well could be the things that prove to be difference makers. What I will suggest however, is that in most instances a business’s success relies almost exclusively upon the satisfaction of their customer base. Any deliberations associated with office space should, therefore, in some way consider their needs and desires. No doubt these considerations will be highly dependent on the type of business you are in and whether the model it embraces is business-to-business or business-to-consumer, but when contemplating the needs of your clients, you should at least ask yourself the following 4 simple questions.

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Unethical employment practices drive ‘Gen S’ professionals away

Unethical employment practices drive ‘Gen S’ professionals away 0

resignation lettersOver half  of ‘Gen S’ workers would refuse to work for employers who have a record of using slave labour, generating high levels of pollution, employing unsafe working conditions, poor environmental performance, questionable investments and unethical practices. According to the Institute of Environmental Management & Assessment’s (IEMA) annual Practitioner Survey these people see environmental roles as the career change of choice, with 42 percent of professionals who now work in these roles considering themselves “career changers”. Those entering the profession come from a variety of backgrounds including finance, operations, marketing and communications and R&D. Gen S workers are typically people in their mid-thirties, above average in their qualifications with 45 percent having a Master’s degree or doctorate, looking for more than just a career and earning money, but actively seeking a career which is primarily “ethical” in nature.

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