Search Results for: flexible working

New property programme supports co-working between tech businesses

co-workingOver the next decade, London’s digital tech sector is expected to grow at a rate of 5.1 per cent per annum, creating an additional £12 billion of economic activity and 46,000 new jobs, which in turn is driving change in the commercial property market. Now the rapid rise of the UK property tech market is to get a boost with the announcement of a programme which provides tech companies with access to investment, mentoring and co-working business space. In a strategic partnership with Cushman & Wakefield and Spire Ventures; Pi Labs, Europe’s first property-focused technology accelerator company, will invite start-ups to apply to join the Pi Labs accelerator programme. This will be located within ‘Second Home’, a new iconic 20,000 sq. ft. co-working space in Shoreditch, designed to set new global standards in the provision of stimulating private and social workplace environments supporting collaboration and co-working amongst creative and technology businesses.
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Why a more flexible approach to where and when we work is long overdue

Virgin's flexible work initiative makes sense when you learn average British commute is increasingAs Virgin boss Richard Branson throws his considerable influence behind flexible working, with the revelation that his personal staff can now take time off whenever they want for as long as they want; new research published for National Work Life Week illustrates why we need a more flexible approach to where and when we work. The average British one-way commute has increased in the last couple of years, at nearly half an hour (29.6 minutes) compared to 26 minutes two years ago. Employees in large firms appear to endure the longest commutes, clocking up a one-way average of 39 minutes. The knock-on effect means over-crowded trains, roads and buses and an increasingly stressed workforce more prone to stress and ill-health. Branson has promised to extend the policy if, as he notes in his blog, it results in similar productivity gains as Netflix, which has pioneered this approach. More →

Younger workers less tolerant of flexible workers than you would think

Younger workers less tolerant of flexible workers than you would thinkOne of the key drivers for bringing a flexible working culture into the workplace is to accommodate the needs of the younger generation of ‘millennial’ workers who are perceived to view the idea of the traditional 9 to 5 as archaic. But this open-mindedness appears to waver when applied to other workers. A recent survey by employment specialists Doyle Clayton has found Generation Y employees have the most negative attitudes towards older employees and part-time and flexible workers; seeing their colleagues’ flexibility as coming at their own expense. The Age Before Beauty? Report warns that there shouldn’t be an assumption that initiatives to support flexible working will be welcomed by staff in their twenties and thirties. And while younger workers tended to be most likely to perceive discrimination at their workplace, they were also the most likely to exhibit negative attitudes towards equality, for example seeing older workers as less valuable because of their age. More →

Portfolio working could become the norm in ten years time says KPMG

Portfolio working could become the norm in ten years time says KPMGAt last year’s Worktech London, Charles Handy discussed the ascent of the portfolio worker. In a new survey by KPMG, 63 per cent of business leaders agree that portfolio workers will gain mainstream commercial acceptance within the next ten years. But some confusion remains as to just what constitutes a ‘portfolio worker’ as distinct from employees on flexible work schedules or freelancers. Just over a third (35%) of Generation Y respondents understood the term “portfolio workers” but they felt that they were simply freelancers by another name (78%), as did three quarters of the senior executives (76%) and the older respondents (74%). According to the survey portfolio workers differ from freelancers by having contracts in place with a number of different companies simultaneously, with a guaranteed number of hours of work from all during any given period of time. This approach, as Hardy has predicted, looks set to become the new way of work. More →

Third-place workspaces as well as flexible hours are key to success, says workplace provider

Flexible people and place is key to success argues workplace providerAs the summer holidays draw to an end, many working parents will be appreciative of the benefits of flexible working. Now new research from Regus has highlighted the long-term benefits of agile working in helping employers to attract and retain staff. Prospective employees are increasingly demanding some form of flexi-working deal, while nine out of ten employers report that offering flexible working options – including flexi-location as well as flexi-hours – is proving a highly effective way of improving staff morale and helping them to achieve a better work-life balance. While the workplace provider is understandably in favour of the flexi-location concept, as a provider of ‘third-place’ workspaces, for instance at railway stations, this kind of multi-location working is undoubtably growing in popularity More →

Flexible work arrangements are leading component of wellness policies globally

Flexible working policies leading component of wellness policies globallyIn the midst of the August summer holidays; it’s now more than ever that flexible working policies can benefit both employees and employers, so that those who need to get stuff done can get on with it without having to sit in a near empty office for form’s sake. So it comes as little surprise that in a new global survey, polices related to flexible work arrangements and paid time off rank as the number one component of wellness programs globally. According to “Working Well: A Global Survey of Health Promotion and Workplace Wellness Strategies,” the concept of wellness at work has evolved over the last seven years, moving from a focus on basic health promotion activities to a culture where seventy-eight per cent of the world’s employers are strongly committed to creating a workplace culture of health, to boost individual engagement and organizational performance. More →

Flexible work could dissuade the one in three workers that pull a sickie

One in three British workers admit to having pulled a ‘sickie’ – according to new research by PwC – and it’s costing UK business £9bn a year. As part of the research PwC surveyed over 2,000 UK adults and found that the most popular reasons for why people pulled a ‘sickie’ are hangovers (32%), to watch a sporting event (8%), being bored with your job (26%), interviews (26%) and Mondays (11%). One in 10 people said they have lied to take time off work due to good weather. A flexible working approach by employers is the measure that would most likely put people off from pulling a ‘sickie’, followed by initiatives such as ‘duvet mornings’ (where employees are allowed to take a couple of last minute lie ins a year). One in ten employees said that having to report the reason for their absence over the phone to their manager would put them off lying.Illness is by far the most common excuse used, but the research has revealed that some employees go to very creative lengths to cover up why they are taking off unauthorised time from work, including I was attacked by ants, my dog has eaten my keys, I got a rash from eating too many strawberries, and a male employee who told his boss that he had started the menopause.

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Queen’s Speech was light on employment legislation, but don’t forget flexible work changes

Queen's Speech light on legislation, with flexible working biggest change aheadThis year’s Queen’s Speech was the last before the 2015 general election and included a relatively light legislative programme of just 11 new bills. Some of the key employment changes being proposed include changes to childcare, the national minimum wage, and zero-hours contracts. But in fact a key development which was not included in the Queen’s Speech, and yet could have the most pronounced effect on employers is the extension of the right to request flexible working. From 30 June 2014, employees with at least 26 weeks’ continuous employment will be able to make a request for flexible working for any reason under the new statutory scheme. The procedure to be followed will be far less prescriptive than that currently in force and will place more onuson the employer to consider the request and any alternatives to the proposed request. More →

Homeworking has environmental benefits, says Carbon Trust

Environmental and cost benefits of homeworking

There have been some doubts cast recently on the environmental benefits of flexible working. At the recent ThinkFM conference, Lord Rupert Redesdale, the CEO Energy Managers Association said that keeping buildings open for longer to accommodate flexible workers could become unfeasible for many businesses. But what if you simply increase the numbers of home workers instead? Homeworking reduces employee commuting, resulting in carbon, money and time savings. If office space is properly rationalised to reflect this, homeworking can also significantly reduce office energy consumption and rental costs. This is according to new research from the Carbon Trust, which found that if adopted and encouraged by employers across the country, homeworking could result in annual savings of over 3 million tonnes of carbon and cut costs by £3 billion.

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Average UK working parents now spend more on childcare than mortgages

© Family and Childcare Trust

© Family and Childcare Trust

Last month we questioned the financial wisdom of going to work for Britain’s working parents. Today the question became even more vexed as it emerged they typically pay childcare costs equivalent to over a quarter of the UK average salary. A report from the Family and Childcare Trust says that to have one child in a part-time nursery and another in an after school club would cost £7,549 each year. Not only does this represent 28 percent of the average salary of £26,500 and is more than an average mortgage which is £7,207 per annum. For those with full time childcare the costs are typically £11,700 per year. The report also notes that childcare costs have increased by over a quarter over the last five years and even the Government’s ongoing commitment to childcare is failing to alleviate the situation.

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Working from Home Week: good idea, but it doesn’t suit everyone

Meeting the management challenges of caring for home workers

Yesterday was hyped as the most depressing day of the year, but it also marked the beginning of Working from Home Week (20-26 January 2014). The idea will resonate with anyone struggling to get out of bed and join the January commute. There are many advantages to home working; but depending on your personality and personal circumstances there are also disadvantages. Yes, you’ll avoid traffic jams/crowded trains, take the dog for a walk when you fancy and can concentrate on a project without annoying interruptions. But working from home has its disadvantages too; including feeling isolated and finding it difficult to remain motivated. Rather like those who decide to move to the country but find it’s too quiet – for some people the buzz of the workplace is vital to their productivity and wellbeing. More →

Majority of British ex-pats working overseas now work flexibly, claims report

Sunburned Simon CowellThe majority of British expatriates who work overseas embrace flexible working arrangements, according to a survey commissioned by NatWest International Personal Banking. More than two thirds of those surveyed have exported their preferred working practices as well as themselves as they seek a better lifestyle and work-life balance overseas. Flexible working is most common for ex-pats in English speaking countries such as Australia (85 percent), New Zealand (79 percent), USA (78 percent) and Canada (76 percent).  However the survey of 1,800 ex-pats also reveals that flexible working is even prevalent for Brits working in other countries such as China (53 percent), UAE (48 percent) and Singapore (47 percent).

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