Search Results for: workplace

January 26, 2016

2015 was a record year for commercial property investment ⁰

by Sara Bean • Facilities management, News, Property

At £64.3bn, investment in UK commercial property reached a new annual record last year, 4 percent above 2014, according to new research published by Lambert Smith Hampton. This performance was bolstered by a strong end to the year, with investment between October and December reaching £15.7bn, 23 percent higher than in the previous quarter. Investment in London reached £26.9bn, 4 percent higher than in the previous year. According to the report asset management will be vitally important in 2016, as rental income will be the main driver of performance, and as such, pro-active asset management initiatives, such as investment in office refurbishments in areas with few vacancies, are likely to offer the best prospects for investors. Explained Ezra Nahome, CEO of Lambert Smith Hampton: “This means that knowing your market, almost at a building-by-building level, and understanding the dynamics of each locality, will be more important than ever.”

January 26, 2016

The road to Bali and other destinations for the world’s remote workers ⁰

by Georgi Georgiev • Comment, Flexible working, Property, Technology

The number of people who work from home or travel as freelancers has grown rapidly in the last 25 years. In 1990, as a percentage of the US population only 5 percent fit this classification, today it is closer to 30 percent. From photojournalists to graphic designers, to computer programmers – an increasing number of people are leaving the traditional office behind. The underlying reason is not difficult to establish. People are taking advantage of the opportunities offered them by technology. It’s no coincidence that the number of people working remotely has risen in parallel with the growth of home computing and internet connections, and more recently mobile technology. While the majority of those that traditionally followed this path became self employed, today companies are beginning to hire people to key positions without actually needing them to work from the office. Remote work is no longer just a freelancer’s game.

January 25, 2016

Families struggle for work life balance despite changing gender roles ⁰

by Mark Eltringham • Flexible working, Wellbeing, Workplace

A new report published today by the charity Working Families and nursery provider Bright Horizons suggests that parents are at greater risk of burn out as they strive for work life balance, with fathers at increasing risk as a result of their changing roles and expectations. The Modern Families Index is an annual study that explores how working families manage their work-life balance. This year’s report claims that nearly half (42 percent) of Generation Y fathers (born after 1980) feel burnt out most or all of the time, compared to just 22 percent of Gen Xers aged 36 to 45 and 17 percent of baby boomers aged over 45. The report claims that a growing number of fathers are now facing the same challenges and life choices most commonly ascribed to mothers. The study found that in half (49 percent) of the 1,000 couples surveyed, both parents were working full time. The figure rose to 78 percent for those in their twenties or thirties.

January 25, 2016

Active building design may have positive health benefits, claims study ⁰

by Mark Eltringham • Knowledge, News, Wellbeing, Workplace design

A study published this month in the journal Occupational Medicine suggests that buildings designed to promote active workstyles have a positive effect on the health of occupants. The research, led by Dr Lina Engelen of the University of Sydney, set out to explore whether an ‘active design’ office increased the physical activity, productivity and mindset of occupants. Although a small scale study with just 34 employees working in four locations at the University, the results suggested that people responded to the active design of the spaces by spending less time sitting and more standing and consequently reported lower levels of back pain. However, there was no improvement in productivity or physical activity. The research was based on 60 percent of people working in open plan areas, compared to just 16 percent before. Other studies have shown that sedentary work is linked to a wide range of ailments including heart disease.

January 25, 2016

Fourth industrial revolution + UK’s best employers + Big data and design ⁰

by Sara Bean • Facilities management, Flexible working, Newsletter, Property, Wellbeing, Workplace, Workplace design

In this week’s Insight newsletter; Mark Eltringham says work is still good for us; but five million jobs could disappear worldwide over the next four years in the fourth industrial revolution; and 40 percent of young workers believe their current job could be replaced by automated systems. More than half of US firms still allow smoking in the workplace; over a third of UK employers have introduced flexible working to reduce absenteeism and British firms lead the top UK employers list. Digitisation still has a largely positive effect on our working lives; and a huge surge in the availability of Big Data infrastructure in EMEA countries predicted over the next four years. And regional office take-up reaches 20 percent above the five year average. 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.

January 22, 2016

New smart working code of practice launched by BSI and Cabinet Office ⁰

by Mark Eltringham • Facilities management, Flexible working, Legal news, News, Public Sector

We’ll return to this in detail next week, but yesterday the business standards company BSI working with the Cabinet Office launched a new code of practice on Smart Working. The Smart Working Code of Practice, BSI Publicly Available Specification (PAS3000) has been designed to support organisations in implementing smart working principles. The Cabinet Office sponsors it on behalf of the Smart Working Charter Steering Group of industry, academia, institutions and other public sector bodies. According to the Cabinet Office, the code brings together best practice from across the world and across disciplines and will enable organisations to move from principles to standards and benchmark themselves against high performers in smart working. At the launch, the organisers also announced the second annual The Way We Work (TW3) Awards, a Civil Service programme recognising government teams that have created smarter ways of working.

January 22, 2016

Digital media is having ‘largely positive’ effects on professional lives ⁰

by Sara Bean • Flexible working, News, Technology, Workplace

The digitization of content and data, along with new digital communication technologies, has fundamentally changed the way work gets done, and affected the nature of the employment relationship. While it has a largely positive impact on peoples’ lives, including individuals’ ability to find work, learn and develop skills, and balance work and life, it can, in some cases, lower worker productivity and increase inequality. These are among the key findings from Shaping the Future Implications of Digital Media for Society – a report by the World Economic Forum conducted in collaboration with Willis Towers Watson and presented at the WEF 2016 annual meeting in Davos. In the study, which included a survey of more than 5,000 digital users from five of the world’s most important markets; Brazil, China, Germany, South Africa and the US, over half (56 percent) reported digital media has transformed the way they work, and two-thirds said digital media has improved their ability to do work.

January 22, 2016

Unsympathetic bosses don’t want sick employees at work or the doctors ⁰

by Sara Bean • News, Wellbeing, Workplace

Employers don’t want employees coming to work when they’re sick, but are frustrated by working time lost to doctors’ appointments, according to new research by AXA PPP healthcare. Nearly a third (32 percent) of bosses (owners, directors, senior and middle managers) say they’d prefer employees to take time off sick rather than come to work ill, yet 29 percent are frustrated by the working time lost when employees take time off for medical appointments. This is why employees tend to wait for a week to see if they recover before seeking medical advice, while over a third (35 percent) delay seeking treatment due to work hours and pressures. Over a quarter of bosses admit to asking an employee what’s wrong in order to find out whether their condition is serious enough to warrant taking time off and twelve percent say they would ensure that employees who attend medical appointments during working hours make up for the missed time.

January 21, 2016

Commercial property activity in South East rose by nearly a third last year ⁰

by Sara Bean • Facilities management, News, Property

Over 3.2 million sq ft of office space was taken up in 2015 – up 28 percent from the previous year and 13 percent higher than the five year average. According to the latest figures from CBRE UK, the largest annual take-up increase occurred in the M25 South region, which improved dramatically from circa 404,000 sq ft in 2014 to circa 836,300 sq ft in 2015. Net supply remained unchanged across the South East from the end of the preceding year at around 12 million sq ft, 15 percent below the five year average. There was an increase in the proportion of Grade A supply in the market, and 34 percent of the total supply was either newly completed or under construction compared to 26 percent at the end of 2014. This was the result of take-up of Grade B space, loss of office space due to conversion to residential, and the delivery of new space.

January 21, 2016

Generation Z are preparing themselves for an automated world of work ⁰

by Mark Eltringham • Cities, News, Technology, Workplace

The automated world is far closer than many people suppose. Yet one demographic group that is less fooled than others on that particular score is the one now starting to make its mark in the workforce, suggests a new report. Amplifying Human Potential: Education and Skills for the Fourth Industrial Revolution, commissioned by Infosys from researchers Future Foundation, claims that 42 percent of 16-25 year olds worldwide feel their education did not prepare them for the world of work they are encountering for the first time with over three quarters having to learn new skills to meet the demands of employers. The report also claims that 40 percent of young workers believe their current job could be replaced by automated systems including robotics within 10 years. The report lands in parallel with a cluster of stories which highlight just how quickly the world is moving towards an automated future.

January 20, 2016

Third of firms introduce flexible working to cut absenteeism, claims study ⁰

by Mark Eltringham • Flexible working, News, Wellbeing, Workplace

Over a third of UK employers have introduced flexible working to reduce absenteeism, claims research from insurance industry trade association Group Risk Development (GRiD). Its survey of 501 employers also found that a quarter (25 percent) have seen absence rates improve over the last 12 months, compared to 40 percent last year. One in ten have actually seen rates worsen over the same period and 54 percent of employers say their absence rates have remained the same, which the report’s authors claim suggests a general slow-down or even complacency when it comes to managing absence. The report found that 57 percent of businesses said absence cost them up to 4 percent of payroll, but employers are using a range of initiatives to address this. This includes introducing flexible working (36 percent – up by 4 percent from last year), return to-work interviews (28 percent) and disciplinary procedures (17 percent).

January 20, 2016

Number of smart cities worldwide jumps 40 percent in past two years ⁰

by Mark Eltringham • Cities, Facilities management, News, Property, Technology

According to a new report from Navigant Research, the total number of identified smart city projects worldwide has grown from 170 in the third quarter of 2013 to 235 today. The report examines the current state of global smart city development, covering the related aspects of the smart energy, smart water, smart transportation, smart buildings, and smart governments sectors, segmented by region. The authors of the report claim that, as the benefits of smart cities become clearer, the number of projects and partnerships supporting the cause is rapidly increasing. In the last few years, city leaders, central government ministries, and technology and service suppliers have announced a range of new smart city initiatives, incentives, and product and service offerings, while more cities are moving from one specific technology interest to a broader range of solutions that have multiple applications.