Search Results for: workplace

Rental growth continues across UK’s core commercial property markets

Rental growth continues across UK’s core commercial property markets 0

Leeds Wi-FiThe recent growth in prime headline office rents has continued across the UK’s regional commercial  property markets with an average increase of 4.3 percent across the UK’s ‘Core 8’ markets in the 12 months to June 2015, according to a report from property consultants JLL. The Core 8 cities are the UK’s largest metropolitan economies and are a distinct group from the Government’s definition of core cities. In the JLL study they comprise Birmingham, Bristol, Leeds (above), Manchester, London, Cardiff, Edinburgh and Glasgow. Reflecting the solid outlook for demand and tight supply of new space, the report claims that headline rents are expected to continue on an upward curve with average growth of 2.9 percent per year in the Core 8 region over the period. One of the key drivers for rent growth remains a mismatch between demand and supply. More →

Five ways in which your colleagues might be driving you completely nuts

Five ways in which your colleagues might be driving you completely nuts 0

illegitimi-non-carborundum-mug-1It’s always worth reminding ourselves that while a well designed workplace and favourable working conditions are very desirable prerequisites of a good job, what really makes work enjoyable and what really makes a great culture are the people with whom we work. This simple fact is one reason why some people are happy in poorly designed offices full of all the things that supposedly make them unhappy and unwell, while other people can be miserable in airy, daylit, tastefully furnished corporate palaces. Just as Peter Drucker once said that culture eats strategy for breakfast, we also know that it washes it down with a piping hot mug of office design. Culture is defined in large measure by the people around us, it can be they who determine how much we enjoy work. Here are just five ways they can drive us nuts based on recent data.

More →

Cycling to work better for motivation than bus, car, rail or tube

Cycling to work better for motivation than bus, car, rail or tube 0

Conference delegates get on their bikes to make a presentationThe naming and shaming of Britain’s most overcrowded trains in a new report from the Department of Transport highlights the uncomfortable journey many workers have to endure every day. This is why a significant number of commuters long to be cyclists, according to recent research from Aviva, which found more than half of those who cycle to work said they arrive refreshed after their commute. Just 1 in 10 car and bus users claimed the same thing and that figure dropped to 1 in 20 for train and tube passengers. Almost a quarter of cyclists (24 percent) also reported feeling motivated after their typical commute, scoring higher than any other common form of commuting, including walking. This is double the proportion of bus passengers (12 percent) who claimed that their commute improved their motivation levels, and triple the proportion of drivers (8 percent) and four times the proportion of train and tube users (6 percent).

More →

Shared office ruling could cost Scottish firms millions more in rates

Shared office ruling could cost Scottish firms millions more in rates 0

GlasgowLarge firms that occupy several separate floors in a prime office may need to pay tens of thousands of pounds more in rates, property managers have been warned. The decision by the UK Supreme Court on business rates in shared office buildings will lead to higher fees for many businesses in Scotland, according to commercial property experts at Colliers International. The firm says that the case of Woolway Valuation Office v Mazars, in which the Supreme Court held that businesses occupying space across several floors should pay separate rates for each, will lead to changes in valuations across the country that will cost firms millions of pounds. Up until now, such arrangements were charged as a “single occupation” and benefited from economies of scale. Paying for two separate sets of rates is likely to be more expensive, and the court decision even allows for the changes to be implemented retrospectively.

More →

London firms optimistic, but want improvements to infrastructure

London firms optimistic, but want improvements to infrastructure 0

HS2 Euston InfrasructureThe number of firms planning to expand in London is at its highest level (50 percent) since 2012, though retaining employees and improving the capital’s infrastructure remain key concerns. According to the re-launched CBI/CBRE London Business Survey, over half of companies (55 percent) are increasing head counts, although three in five firms (60 percent) only hire where essential. London firms’ optimism has rebounded from last year, with almost half of companies (47 percent) feeling more positive about the UK’s economic prospects in the next six months – reversing the steady decline seen since the first quarter of 2014 – and 40 percent feel more positive about business prospects. Nearly four in five businesses (76 percent) highlighted improving the capital’s transport infrastructure as the number one issue the new Mayor of London must get down to tackling when they enter City Hall next year.

More →

‘Climate smart’ cities could generate global savings of $17 trillion

‘Climate smart’ cities could generate global savings of $17 trillion 0

CitiesNewly published research claims that investing in public and low emission transport, building efficiency, and waste management in cities could generate worldwide savings of US$17 trillion by 2050. The Global Commission on Economy and Climate, an independent organisation comprising former finance ministers and leading research institutions from Britain and six other countries, found climate-smart cities would spur economic growth and a better quality of life – at the same time as cutting carbon pollution. These investments could also reduce greenhouse gas emissions by 3.7 Gt CO2e per year by 2030, more than the current annual emissions of India. With complementary national policies such as support for low-carbon innovation, reduced fossil fuel subsidies, and carbon pricing, the savings could be as high as US$22 trillion according to the report.

More →

Five unconventional ways to attract and retain Millennial talent

Five unconventional ways to attract and retain Millennial talent 0

Younger workers less tolerant of flexible workers than you would thinkAlmost one third of millennial staff (29 percent) claim that a higher salary is the biggest contributor to their loyalty, despite only 20 percent of the broader American workforce reporting the same; the Staples Advantage Workplace Index, a study of office workers in the US and Canada claims. US office workers consider title and work responsibilities (38 percent) and work-life balance (30 percent) as leading contributors to their loyalty, but Millennials favour less traditional benefits including more flexibility; generous office amenities, such as gyms; a company which promotes and supports sustainable practices; a more sociable working environment with plenty of breaks; and finally, lots of positive feedback from their direct line manager. Unsurprisingly, unlike other generations of workers, Millennials say that the use of social media enhances rather than detracts from their productivity.

More →

Over a fifth of working mothers denied flexible hours are forced to quit

Over a fifth of working mothers denied flexible hours are forced to quit 0

flexible working womanDiscussions about the gender pay gap and increasing the number of women on Boards need to acknowledge that the greatest obstacle to female empowerment in the UK is balancing home and family. Just last week the TUC revealed that many women felt compelled to take time out of work to care for young children while another survey found over half of working women believe they would need to alter their career in order to have a child. Now the latest figures fromthe  workingmums.co.uk 2015 Annual Survey show that over a fifth of working mums have been forced to leave their jobs because a flexible working request was turned down. Although the right to request flexible working was extended to all employees last year, this new policy has a less rigid timetable for employers and no statutory right to appeal if a request is turned down.

More →

Carbuncle Cup winner, the ‘Walkie Talkie’ is nearly fully let

Carbuncle Cup winner, the ‘Walkie Talkie’ is nearly fully let 0

Carbuncle Cup winner 'Walkie Talkie' nearly fully letIt may have the dubious distinction of being awarded the Carbuncle Cup of the year; but 20 Fenchurch Street in the City of London, better known as the ‘Walkie Talkie’ is now almost 98 percent let. Canary Wharf Group and Land Securities have announced that Castleton Commodities International (“CCI”) has leased the top office floor of the building on a long term lease. With the recent letting of level 31 to credit rating agency DBRS, just 15,000 sq ft of office space remains at the 37 storey building, which has been accused of creating a wind tunnel around its base and has also required alterations to its façade after it was found to be reflecting and magnifying light from the sun onto nearby streets. According to Magesh Nair, CCI’s Chief Operating Officer the building will provide the operational resilience required for its business, and is an “optimal environment for our employees and visitors.”

Employment is increasingly dependent on an ability to get on with people

Employment is increasingly dependent on an ability to get on with people 0

peopleIt can be heartening to learn that there will still be a role for humans in the forthcoming world of robots, drones and driverless vehicles. Inevitably, it is those skills that are hard to automate that will define many of the human jobs of the near future and so one of the skills that will continue to attract paid employment will be the ability to get on with other people. This skill has already defined the labour market for the past 35 years and helped to narrow gender differences in the job market. These are the main conclusions of a new report published by David Deming of the US based National Bureau of Economic Research.  According to his working paper “The Growing Importance of Social Skills in the Labor Market,” which is currently awaiting peer review, nearly all job growth since 1980 has been in occupations that depend to a large extent on well developed social skills.

More →

Around 99 percent of ESOS eligible firms have yet to comply, claims report

Around 99 percent of ESOS eligible firms have yet to comply, claims report 0

tumblr_n4m6vrakW11r8ptvvo1_540According to a study by Savills Energy, around 99 percent of the firms who are obliged to carry out an assessment of the energy consumption of their buildings, processes and transport as part of a flagship Government assessment programme have yet to do so.  Only 152 out of 15,000 eligible organisations have notified the Environment Agency that they are compliant with the ESOS (Energy Savings Opportunity Scheme) Regulations with only three months until the deadline for compliance. Organisations that qualify for ESOS must carry out ESOS assessments every 4 years and identify energy saving measures. Businesses which fail to comply with ESOS could be fined up to £50,000, plus an additional £500 a day, every day the audit remains outstanding. The deadline to provide evidence of a completed audit to the Environment Agency is 5th December 2015.

UK surveyors remain slow to adopt BIM despite awareness of risks

UK surveyors remain slow to adopt BIM despite awareness of risks 0

Key to success of BIM implementation is collaboration says RICSAccording to a new survey from the Royal Institution of Chartered Surveyors, around a half (49 percent) of surveyors do not use Building Information Modelling (BIM) on a regular basis, despite the fact that a significant majority (74 percent) have considered the business case and a similar proportion (73 percent) acknowledge that non-adoption will create significant challenges for the UK construction sector. When asked for the reason for non-adoption. around two thirds (68 percent) feel  they lack the information to adopt BIM properly, a third (31 percent) claim there is no need for their own firm and a quarter (26 percent) say they lack the technical skills needed for adoption. This is in spite of that fact that over half of all respondents (55 percent) say that they are currently working with architects that use BIM.

More →