June 19, 2024
A new report from Indeed, released two weeks ahead of the UK General Election, suggests that more than 2 in 5 (42 percent) Brits are struggling to make ends meet. According to the survey of over 2,000 British people, those in the North East of England feel most comfortable, with less than a third (32 percent) struggling, while almost half (48 percent) of those in Scotland say their pay isn’t keeping pace. More →
June 17, 2024
To enable workplaces to evolve and adapt to employees’ changing needs, office provider Mindspace conducted the Employee Wellbeing Data Report in 2023. Findings indicate that around 90 percent or 9 in 10 employees value wellbeing facilities and offerings in the workplace, thus making this factor influential when choosing an employer. Meanwhile, 82 percent expect support from their employers when it comes to maintaining work-life balance, overall revealing the increasing value employees place on their physical and mental health and wellbeing. More →
June 12, 2024
In the wake of Mental Health Awareness Week last month, now is a brilliant opportunity to take stock of impactful employee wellbeing initiatives. Many people feel their employers are guilty of ‘wellness washing’, the practice of paying lip service to wellbeing. However, the benefits of impactful wellbeing initiatives are clear – 89 percent of employees who have wellness programmes at work report being more engaged and happy within their roles. Taking a subjective approach by catering to employees’ needs can be transformational for employee satisfaction and, in turn, boost retention. More →
June 4, 2024
The London office leasing market kicked off 2024 with a significant downturn, according to a new report from Devono. After a strong end to 2023, leasing activity plummeted by 45 percent in the first quarter, with only 2.3 million sq ft of space leased. This falls short of the 5-year average for Q1 and marks the lowest total since late 2022. The report attributes the decline to a combination of economic factors, including a recent recession and rising inflation. Businesses are cautious about committing to new office space in this uncertain climate. More →
June 4, 2024
A new survey commissioned by law firm Winckworth Sherwood suggests there has been a shift in workplace culture, with a majority of both employers (86 percent) and employees (69 percent) agreeing it’s more acceptable to take time off for illness, especially mental health issues. However, the survey also reveals a potential gap between perception and reality, which the report labels ‘wellbeing washing’. While employers say improved productivity is the main reason they offer wellness programs, some employees may be sceptical. The survey claims that only half of employers actually offer practices considered most effective for mental health, such as fair pay (51 percent), flexible work options (49 percent), and what the study calls “good work” (55 percent), which likely refers to manageable workloads and positive work environments. More →
May 17, 2024
Over a third of UK employers are bullish about AI investment despite serious workforce uncertainty. New research shows that 35.3 percent of employers are actively investing in GenAI while 40.4 percent plan to increase their use of the technology, to support the workplace, according to a new poll from SD Worx. The findings suggest there is a surprisingly buoyant business outlook for AI adoption at a time when the UK government begins to craft new legislation to regulate AI. The move on regulation comes as the competition watchdog expresses increased concerns about the industry. However, despite businesses betting big on AI investment, similar enthusiasm isn’t shared by employees, with 30 percent of UK workers fearing their roles will be made redundant as a result of GenAi. More →
May 16, 2024
Recent advancements in workplace inclusivity, focused on flexible working arrangements, parental leave, neurodiversity, and gender equality, have set the stage for the next significant corporate challenge: improving attitudes towards women’s health in the workplace. Human Resources leaders are pivotal in driving this necessary cultural shift. Consider the fact that about three-quarters of people, regardless of gender, believe menopause could impact career progression into senior roles. And that almost a quarter of women in tech experiencing menopausal symptoms have delayed or cancelled promotion plans. Clearly there’s some work to do here. More →
May 1, 2024
The CIPD Festival of Work returns this June at a brand-new venue: the universally beloved ExCeL London. The CIPD says the free, two-day event will be a jam-packed, interactive line-up that celebrates innovative ideas and discusses the dilemmas facing the world of work. The Festival will aim to bring together a wide range of exhibiters and over 150 international inspirational thought leaders and leading experts, across seven stages. They will be discussing a diverse range of topics that will ’empower everyone, no matter their profession or sector, to promote meaningful and positive change and create a better world of work’. More →
April 25, 2024
Prime office rents in major cities around the world have risen 1.1 percent in the past year (Q1 2023 to Q1 2024) while tenants’ ‘all-in’ net effective costs (rent plus fit-out costs) have risen 2.4 percent, according to Savills, as the structural trend towards seeking high quality premium office space continues into 2024. More →
April 10, 2024
With an estimated 27,000 delegates from 90 countries, MIPIM is still a force to be reckoned with when it comes to opportunities to network and learn as delegates, with organisations using the week to deliver news, insights and thinking. The theme for MIPIM this year was The Global Urban Community; and it really did feel more international than previous years, the majority of attendees are still from France, Germany and the UK, but there were significant delegations from the United States, Canada, Oman, Egypt and Hong Kong, more from Asia generally and a show stopper from Saudi Arabia, more of which later. More →
April 8, 2024
Focusing attention on your mobile phone instead of your partner doesn’t just strain your relationship – it also affects creativity at work, according to researchers from the Universities of Bath, Aston, and IESE Business School. The study claims to shed light on the negative effects of ‘phubbing’, the idea of snubbing someone in favour of your phone, which is known for its detrimental impact on relationships and mental wellbeing. Now the study of working couples in the US points to repercussions in the workplace as well, but only for female partners. More →
June 24, 2024
Stephen Bevan – a tribute
by Tony Wilson • Comment