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The meteor strike of coworking and the beasts that will remain

The meteor strike of coworking and the beasts that will remain

The concept of coworking has only been with us for a short time, but there are already signs that it is evolving into something rather different. The most common misperception about the way evolution works is that it is based on some steady progression, driven by the merciless principle of survival of the fittest, with the best adapted climbing towards the top of an evolutionary tree. This gives rise to one of the most common questions posed by sceptics: if we evolved from apes, why are there still apes?

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Businesses urged to pay suppliers on time or risk losing out on government contracts

Businesses urged to pay suppliers on time or risk losing out on government contracts

More than 10,000 businesses have been warned by the government that they must pay their suppliers on time or face being prevented from winning further government contracts. Officials from the Cabinet Office have written to the businesses – which include all the government’s current strategic suppliers – to remind them of the new rules on prompt payment, which come into force this autumn. More →

Still healthy demand for construction work on fit outs and office refurbishment

Still healthy demand for construction work on fit outs and office refurbishment

Enterprise-Centre-Interior-Lobby-Architype ©Darren-Carter-Morgan-Sindall-

Although the new commercial development sector may be subdued, specialist contractors are seeing a continued demand for construction work on fit outs and office refurbishment. According to Glenigan the construction sector has been buoyed up by a series of major refurbishments of government offices while some large private sector groups are also investing to update and modernise their commercial space. More →

Government needs to sort Brexit deadlock as construction sector falls

Government needs to sort Brexit deadlock as construction sector falls

constructionThe Government and Parliament must break the Brexit deadlock and find a way forward warns the Federation of Master Builders (FMB), in response to the latest Construction PMI data, which shows another drop in construction output. The March 2019 PMI data revealed an Index score of 49.7, up slightly from 49.5 in February, against the no change threshold of 50.0. This points to a sustained decline in construction output, representing the first back-to-back fall in construction output since 2016. While the residential building sector enjoyed an upturn, commercial construction was the worst performing area.

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Millions more people say they would like to work as freelancers

Millions more people say they would like to work as freelancers

gig workerThe so-called gig economy is likely to increase dramatically over the next few years, new research suggests. Along with over 8 million people who currently work on a freelance basis, over 5 million more say they would like to go freelance. The data collated by Direct Line for Business claims that 5.3 million people (10 per cent) dream of becoming their own boss in the future, by embracing a career as a freelancer. This is in addition to the 8.6 million (16 per cent) who currently freelance and are either full time self-employed or carry out contract work alongside their main jobs.

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UK workforce increasingly concerned with impact of Brexit on employment

UK workforce increasingly concerned with impact of Brexit on employment

More than a third (34.25 percent) of UK residents believe that Brexit would affect their current employment in a negative way, and only a negligible 3 percent of respondents think that Brexit will positively affect their current employment. Compared to the survey from Personal Group in 2018, there are some gender, age and professional nuances. Twelve times as many men than women have become more concerned about the impact on Brexit on their current employment. In February 2019 the number of men who believe Brexit will affect their employment negatively increased by almost 8 percent (7.89 percent) compared to a less than 1 percent (0.63 percent) rise amongst women.

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Workers are pessimistic about employment prospects in post Brexit era

Workers are pessimistic about employment prospects in post Brexit era

A new report from Personal Group claims that British workers increasingly concerned with Brexit’s potential impact on their employment. The data suggests that with just one month to go, more than a third (34.25 percent) of UK residents believe that Brexit would affect their current employment in a negative way, an increase of nearly 4 percent (+3.82 percent) when compared to survey results from 2018. Only a negligible 3 percent of respondents think that Brexit will positively affect their current employment.

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The Hitchhiker’s Guide to the Workplace

The Hitchhiker’s Guide to the Workplace 0

the_hitchhikers_guide_to_galaxy_don_panic_desktop_1920x1080_hd-wallpaper-805696We know, and have for a long time, that the workplace is in a state of near constant flux and so we often fall into the trap of assuming that there is some sort of evolution towards an idealised version of it. That is why we see so many people routinely willing to suspend their critical facilities to make extravagant and even absurd predictions about the office of the future or even the death of the office. This is perniciously faulty thinking. However we can frame a number of workplace related ideas in terms of evolutionary theory, so long as we accept one of the central  precepts about evolution. Namely that there is no end game, just types progressing and sometimes dying out along the distinct branches of a complex ecosystem. As a nerdy sort of guy of a certain age, I’ve tended to frame my thoughts on all of this with reference to an idea from The Hitchhiker’s Guide to the Galaxy by the great Douglas Adams.

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A sense of belonging is crucial factor for employee engagement

A sense of belonging is crucial factor for employee engagement

A sense of belonging is just as important an employee retention tool as good pay and benefits, a new academic paper has found.  In his paper Creating a committed workforce: Using social exchange and social identity to enhance psychological attachment within an ever-changing workplace, Dr Ali Fenwick of Nyenrode Business Universiteit, Breukelen, the Netherlands., argues that identifying with the team, leader, brand and organisation is paramount to workplace commitment as well as work performance. More →

Stark levels of stress among small business owners as they struggle to stay solvent

Chronic work-related stress has risen sharply among small business owners, with a fifth of small business owners look to taking a job elsewhere to stay afloat this year. This is according to new research from AXA, which reveals that many are adopting short-term planning and cutting reliance on external funding ahead of Brexit. Staying agile and light is a common strategy, but may not give businesses the best chance of survival if financial cushions are not in place too. The study finds a sharp increase in financial anxiety amongst business owners. Over the course of 2018, those reporting they felt chronically stressed about their businesses increased by almost 50 percent, reaching 29 percent by year end. More →

The scale and complexity of public sector procurement makes a change of direction difficult

The scale and complexity of public sector procurement makes a change of direction difficult

A new report from the Institute for Government claims that the British  government spends around £284bn – almost one-third of its total expenditure – with external suppliers. Given its scale, public sector procurement could not easily be abandoned even if politicians wanted, the report concludes. It says that four departments spent more than half of their entire budgets with external suppliers last year. It also finds that the largest suppliers are winning more and more government business.

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Government report calls time on late payments, addresses productivity puzzle

Government report calls time on late payments, addresses productivity puzzle

The culture of late payment by large firms has led to the failure of many small businesses in the UK and prevented even more from thriving and improving their productivity, according to a parliamentary select committee report published today. The Business, Energy and Industrial Strategy (BEIS) committee has called on the government to enforce tougher measures on large firms who treat small businesses “disgracefully” by enforcing long payment terms or paying their suppliers late. The Small businesses and productivity report said that, for an SME to succeed, it is crucial they are paid fairly and on time.

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