July 18, 2019
With a recent report from Henley Business School highlighting that a shorter working week could add to businesses’ bottom lines through increased staff productivity and uplift in staff physical and mental health, a study from ADP (registration) has further emphasised these findings. ADP’s research claims almost two-thirds of UK workers (61 percent) would opt for a four day week at work if they had the choice. More →
July 18, 2019
The UK Government in partnership with the CBI and TUC has launched a new scheme to help workers whose jobs change or become obsolete because of advances in technology. Workers will be offered help in retraining or finding a new career amid suggestions that up to a third of jobs could be at risk of changing because of automation in the coming 10 to 20 years. The National Training Scheme will be trialled in Liverpool before being rolled out across England. The CBI and TUC are both backing the initiative as a way of boosting productivity, pay and workers’ skills. More →
July 18, 2019
Activity in the construction sector rose in the second quarter of the year, despite concerns that political uncertainty surrounding Brexit was holding back investment. The Royal Institution of Chartered Surveyors claims that the market has lost patience with the lack of clarity over Brexit and that clients were beginning to push ahead with projects, albeit tentatively. In its construction and infrastructure survey, a balance of 16 per cent of respondents reported an increase in work, up from 9 per cent in the previous quarter. More →
July 17, 2019
As with the last few months, the latest UK employment figures look like a sea of tranquillity. The number of people in work is up ever so slightly (setting another record), unemployment down slightly again (ditto) and earnings continuing to grow. After a couple of months where there were hints that the labour market might be cooling down, today’s figures suggest that it is heating up once more. However beneath the surface, the numbers highlight some big changes in employment trends – with two things in particular standing out. More →
July 16, 2019
The British Council for Offices (BCO) has published its new Guide to Specification, which provides guidance on industry standards for workplaces across the UK. The Specification Guide, last published in 2014, sets out to help office developers address the key issues for the UK workforce in the coming decades, namely wellbeing, technology and sustainability. The authors claim that the new edition addresses the “exponential times” in which we now live, with sections focusing on wellbeing, the Fourth Industrial Revolution and sustainability. More →
July 16, 2019
Unily has released a report analysing the trends and issues shaping the workplace of tomorrow. The report, ‘Future of the Workplace 2030+’, has been co-created with the futurist Anne Lise Kjaer, a regular on the TED Talks circuit best known for the book The Trend Management Toolkit. Looking at the transformation of our working lives over the next 10 years and beyond, the report explores both the challenges and the opportunities as companies prepare for a new wave of technological advances and a new generation of workers. It sets out specific challenges including how to incorporate Generation Z in the workplace, integrate new technology and face greater scrutiny of organisational values. It also suggests that new jobs will emerge such as ‘Vice President of No’, ‘Professional Rebel’ and ‘Ideas Broker’. More →
July 12, 2019
A new urban model is emerging worldwide – transforming the way cities design and use physical space, generate economic wealth, consume and dispose of resources, exploit and sustain the natural ecosystems they need, and prepare for the future. This emerging new urban paradigm has profound implications for players who care about and depend on the design of a city’s built infrastructure – including architects, engineers, builders, real estate developers, and office building tenants. More →
July 12, 2019
Glassdoor has released a new survey that claims to measure sentiment around mission and culture in the workplace, along with the level of importance of both. Glassdoor surveyed over 1,000 adults in the UK (and a further 4,000+ in U.S., France and Germany) and, among key findings, claims 77 percent of people would consider a company’s mission and purpose before applying for a job there, and 57 percent say workplace culture is more important than salary when it comes to job satisfaction. More →
July 12, 2019
Firms often put great effort in retaining good employees because they fear the loss of talent and knowledge spillover to rival companies. However, new research published in the Academy of Management journal by Stefan Wagner, Professor of Strategy at ESMT Berlin, and Martin Goossen from Tilburg University suggests that losing key employees to a competitor can actually be a benefit to companies and so the war for talent may be futile or even counterproductive. To assess the impact of mobile employees the researchers focused on R&D alliances in the pharmaceutical industry, where partnerships are a common mode of innovation as they diffuse the burden of costly drug development. They collected data on alliance formation amongst the 55 largest pharmaceutical firms over a 16-year period, identifying all scientists that moved between these firms. Of the 130,000 scientists the researchers tracked, more than 8,200 moved from one firm to another. More →
July 8, 2019
Demand for flexible office space in Paris is almost double the global average, according to a report by Instant Offices. With demand for office space on the rise in Paris, serviced offices have seen a 26 percent increase while hybrid space has seen a 23 percent increase. While the city ranks fourth globally by the size of supply, Paris is considered to be one of the largest flexible office markets in Europe and ranks among the top 10 best start-up cities in the world. Alongside New York, San Francisco and London, Paris also remains one of the most expensive places to rent a desk. Despite this, demand in the city is on the rise as more large businesses choose flexible offices over conventional leases. More →
July 2, 2019
Firms in the FTSE 100 are on track to reach the target of 33 percent of women on boards by 2020 that was set by the Hampton Alexander Review. In its July update, the organisation reports that 27.5 percent of FTSE 250 board positions now held by women, up from 24.9 percent three years ago. The figures suggest that if progress matches the same gains made over the last 3 years, then FTSE 100 companies are on track to meet the 2020 target. Just under a third (32.1 percent) of FTSE 100 board positions are now held by women, up from 12.5 percent in 2011. More →
July 15, 2019
The importance of self care for mental health
by Christine Husbands • Comment, Wellbeing