Search Results for: workplace

September 11, 2015

London’s allure for Millennials is less than it was, claims report ⁰

by Mark Eltringham • Flexible working, News, Workplace

The allure of London for Generation Y appears to be fading, according to a new report from Lloyds Commercial Banking. According to the study of 200 Millennials and 400 SMEs, the most talked about Generation appears increasingly happy to work for a small firm, wherever they are located. The survey claims that relocating to London is not on the agenda for half (51 percent) of Millennials, who would be happy to move anywhere for the right job. Over a third (35 percent) don’t want to move away from home, while less than a tenth (eight percent) insist they will only work in the capital – which the report claims is good news for SMEs located outside of London (assuming they want to employ Millennials in the first place, obviously). According to the report, location ranked seventh on the list of factors that would attract Millennials to a business.

September 11, 2015

New analysis claims to reveal resurgence of long hours culture ⁰

by Sara Bean • Legal news, News, Wellbeing, Workplace

The Government is being urged to reassess its plans to request an opt-out from the EU Working Time Directive, when it seeks to renegotiate the terms of the UK’s membership of the EU. The Directive stipulates a 48 hour working week, which the Government has argued is stifling competitiveness and flexibility. According to research by the TUC, the number of people working excessive hours has risen by 15 per cent since 2010, following more than a decade of decline in long hours working, with the number of employees working more than 48 hours per week reaching 3,417,000 – up by 453,000 since 2010. The union says many people are working unpaid overtime and at least a million report that they want to cut their excessive hours. The return of the long hours culture makes people feel pressured to ‘opt-out’ from the 48 hour limit as a condition of employment as currently, individual opt-outs are allowed by law.

September 10, 2015

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

by Mark Eltringham • Cities, News, Property

The 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 →

September 10, 2015

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

by Mark Eltringham • Comment, News, Wellbeing, Workplace

It’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.

September 10, 2015

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

by Sara Bean • Cities, Environment, Facilities management, News, Wellbeing

The 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).

September 10, 2015

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

by Sara Bean • Facilities management, Legal news, News, Property

Large 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.

September 9, 2015

London firms optimistic, but want improvements to infrastructure ⁰

by Sara Bean • News, Property, Workplace

The 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.

September 9, 2015

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

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

Newly 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.

September 9, 2015

Five unconventional ways to attract and retain Millennial talent ⁰

by Sara Bean • Facilities management, Flexible working, Knowledge, News, Workplace

Almost 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.

September 8, 2015

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

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

Discussions 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.

September 7, 2015

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

by Sara Bean • Architecture, News, Property

It 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.”

September 7, 2015

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

by Mark Eltringham • Knowledge, News, Technology, Workplace

It 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.