Search Results for: pay ratio

New BIM guidance published for operational phase of a building

by • Facilities management, News, Property

Fresh BIM guidance publishedGuidance on the use of BIM (Building Information Modelling) in the operational phase of a building has been issued by the business standards Institution (BSI). PAS 1192-3, Specification for information management for the operational phase of assets using building information modelling (BIM) is a companion document to PAS 1192-2, which specified an information management process to support building information modelling (BIM) Level 2 in the capital/delivery phase of projects. In contrast, PAS 1192-3 focuses on the operational phase of assets irrespective of whether these were commissioned, acquired through transfer of ownership or are part of an existing asset portfolio. The new specification recognizes that the cost of operating and maintaining buildings and facilities can represent up to 85 per cent of the whole-life cost and savings can pay back any upfront premium in construction expenses in a few years. (more…)

Hours and pay are not key factors for work-life balance finds survey

by • Flexible working, News, Workplace

Hours or pay not crucial to work-life balance

The key to a better work-life balance is not simply to work shorter hours or earn more money and working shorter hours does not necessarily make people happier. According to a new survey by recruiter Randstad those in the South East and Yorkshire & The Humber are most happy with their work-life balance, with 64 per cent saying they are content, despite those in the South East having one of the longest average working weeks in the UK. The survey also found that those working in property and construction (88%) were amongst the happiest with their work-life balance, coming third after the utilities and insurance sectors. Those least happy with their work-life balance were the East of England (51 per cent) and South West (55 per cent) – yet those in the South West have a shorter average working week than most of the UK. (more…)

Flexibility not finance motivates Generation Y workers

by • Knowledge, News, Workplace

Gen-Y view work as a thing rather than a place that requires a traditional nine to five routine,

Millennial or Generation Y workers are not the bunch of entitled youths we’ve been led to believe. Those born between 1980 and 1995 say they would choose workplace flexibility, work/life balance and the opportunity for overseas assignments over financial rewards. PwC’s NexGen survey reveals that millennials view work as a thing rather than a place that requires a traditional nine to five routine, so are more likely to stay in a job if they feel supported and appreciated, are part of a cohesive team and have greater flexibility over where and how much they work. This contrasts with the non-millennial generation, who place greater importance on pay and development opportunities.

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Building designers should pay more heed to what users need

by • Architecture, Comment, Facilities management

The future for London's skyline

The future for London’s skyline

These past two weeks have seen me playing and working in what I believe is fondly referred to as “That London” by those who live and work in the rest of the United Kingdom. Whilst resisting the temptations of the capital’s fleshpots, I’ve had the time to reflect on the design of public spaces and wonder at the architectural munificence that gave us, within a single square mile or so; The Shard, The Gherkin, St Pauls Cathedral and the engineering marvel of Tower Bridge (I also had the chance to sample Japanese octopus balls, but that, as the saying goes, is another story altogether).

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It pays to check the green credentials of manufacturers

by • Environment, Furniture, Workplace design

Generation from Knoll

Generation from Knoll

There is a theory that when companies talk about issues such as corporate social responsibility they are doing so because it helps them to achieve their business goals. This is the coldly rational thing to do according to people like free market guru Milton Friedman who argues that companies should not actively pursue altruistic ends unless that pursuit is ultimately in the interest of their shareholders. As Friedman puts it: ‘Hypocrisy is virtuous when it serves the bottom line. Moral virtue is immoral when it does not’.

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CIPD calls for range of measures for British workforce ahead of General Election

CIPD calls for range of measures for British workforce ahead of General Election 0

by • Flexible working, Legal news, News, Workplace

The next Government needs to put ‘good work’ at the heart of its thinking in order to improve the economy, boost individual welfare and prosperity – creating the conditions for good work in organisations across the country, says the CIPD ahead of the General Election. In its ‘Manifesto for Work’ the CIPD is calling for publication of pay ratios, additional rights for zero-hours workers and increased investment in adult skills. The manifesto’s package of aim to address the systemic problems in the UK economy by focusing on the positive influence the world of work can have on productivity and wellbeing. As well as an overhaul of the UK Corporate Governance Code, the CIPD is also calling on the next Government to protect and raise awareness of employment rights, make skills the centerpiece of their industrial strategy and take steps to improve gender diversity in the boardroom. It also calls for organisations to focus more on greater organisational transparency so that businesses are more accountable for incorporating the principles of good work across their organisations.

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How BPO enables business flexibility in rapidly changing global markets

How BPO enables business flexibility in rapidly changing global markets

by • Business, Company news

What was once viewed as a cost-cutting tool, BPO has evolved into a strategic advantage, providing businesses with the flexibility they require to remain competitive and resilient during volatile periods.Global markets are changing at an unprecedented rate due to economic uncertainty, shifting consumer behavior, and technological breakthroughs. Businesses must be agile and able to adapt to market changes. This is where Business Process Outsourcing (BPO) comes in. What was once viewed as a cost-cutting tool has evolved into a strategic advantage, providing businesses with the flexibility they require to remain competitive and resilient during volatile periods. (more…)

Meh. Generative AI in the workplace is delivering modest returns that don’t match the hype

Meh. Generative AI in the workplace is delivering modest returns that don’t match the hype

by • AI, News

the use of generative AI chatbots has so far delivered only modest gains in productivity and almost no increase in pay or reductions in working hours for employeesA new study by the US-based National Bureau of Economic Research has cast doubt on the immediate transformative impact of artificial intelligence in the workplace, finding that the use of generative AI chatbots has so far delivered only modest gains in productivity and almost no increase in pay or reductions in working hours for employees. The working paper [restricted access], authored by economists Anders Humlum and Emilie Vestergaard, used detailed Danish employment data to assess the real-world effects of AI adoption across 7,000 workplaces and 25,000 workers, focusing on white-collar roles most susceptible to automation—such as accountants, IT support staff, journalists, HR professionals, and software developers. (more…)

Nearly two thirds of Europe’s workers say they experience Impostor Syndrome 

Nearly two thirds of Europe’s workers say they experience Impostor Syndrome 

by • News, Wellbeing, Workplace

A new survey by AI-based career tool Kickresume claims that impostor syndrome remains a widespread issue across European workplaces, affecting both personal wellbeing and professional developmentA new survey by AI-based career tool Kickresume claims that impostor syndrome remains a widespread issue across European workplaces, affecting both personal wellbeing and professional development. The study, which surveyed nearly 2,000 people, revealed that 63 percent of workers in Europe have experienced impostor syndrome at some point. More than half—56 percent—said they had turned down or missed out on opportunities as a result of these feelings of self-doubt. (more…)

Thousands of civil service jobs to relocate away from London

Thousands of civil service jobs to relocate away from London

by • News, Property

The UK government has unveiled a significant restructuring of the public sector, aiming to relocate 12,000 civil service jobs from LondonThe UK government has unveiled a significant restructuring of the public sector, aiming to relocate 12,000 civil service jobs from London to regional hubs across the country. This initiative is part of a broader effort to decentralise government operations, enhance efficiency, and bring decision-making closer to communities. As part of this plan, eleven government offices in London are slated for closure, including prominent sites such as the Ministry of Justice in Victoria, the Department of Health and Social Care, and the Department for Work and Pensions at Caxton House. The consolidation is projected to save £94 million annually in property costs by 2032. (more…)

Is anyone really thinking about the future beyond what happens next?

Is anyone really thinking about the future beyond what happens next?

by • Comment, SF, Technology, Wellbeing

I am invited to discussions about AI impacts which focus on the coming weeks and months, but it begs the question, who is thinking about the futureThe conversations around AI at the moment are interesting. Academic. Thought-provoking. Posts on LinkedIn discuss job changes and what the future may look like in theoretical terms. The words ‘streamlined’ and ‘automated’ litter the chats between Executives and CEOs. But that seems to be where consideration ends. We are talking about the future, but the very near future. I am invited to discussions about AI impacts which focus on the coming weeks and months, but it begs the question, who is thinking about the future? (more…)

Far from lightening the load, could AI lead to burnout?

Far from lightening the load, could AI lead to burnout?

by • AI, Comment, SF, Wellbeing

The idea of AI being able to lift some of the daily administrative burden off employees is appealing and it’s certainly a large part of the sales pitch of AI tech suppliers. But will it work?When speaking to leaders about the integration of AI into their businesses, one positive repeated to me in every conversation is ‘AI will lighten the load’. Workplace wellbeing is a recognised priority, with most businesses and organisations seeking to minimise stress and burnout and, ultimately, reduce costly sickness absence. The idea of AI being able to lift some of the daily administrative burden off employees is appealing and it’s certainly a large part of the sales pitch of AI tech suppliers. But will it work? (more…)

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