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Flexible office space provider LABS on why the physical office space is still strategically key

Flexible office space provider LABS on why the physical office space is still strategically key

A recent survey conducted among LABS members shows that the physical office space still has a valuable place in the mindset of how they want to work. More than seven in ten of those questioned said the office is a strategic device for their businesses, and more than 74 percent of members questioned use the office for two days or more per week.

However, working culture is still developing rapidly following the pandemic and its government-mandated full time working-from-home set up, with employers and employees carefully navigating a path that tees up with company expectations as well as staff’s desire to work remotely for part of the week, which in some cases allows them to better deal with issues such as child or elder care or just attain a better work/life balance. Companies are clearly grappling with the complexities of managing diverse teams with varying needs and preferences. The seniority of employees and their distinct working styles play a crucial role in determining the feasibility and desirability of remote work.

While the Office for National Statistics reveals that 40 percent of civil servants in the UK are still working from home there is a definite flip side in the private sector. In the spring of this year, Bloomberg reported that, following a large-scale layoff programme in the tech sector, Meta CEO Mark Zuckerberg has asked its staff to “find more opportunities to work with your colleagues in person.” This is the latest in a long line of high-profile firms to reverse their work-from-home policies including Starbucks and Walt Disney Co. Other firms in the pro-return to the office camp include Goldman Sachs, Morgan Stanley, Apple, and Peloton with the CEO of JP Morgan stating that he doesn’t believe working from home works for managers or younger members of staff. Bloomberg itself has set a minimum presence in the office of three days per week.

Amazon too has a thrice weekly attendance policy which kicked in last month in light of CEO Andy Jassy saying on the firm’s blog that “There is something about being face-to-face with somebody, looking them in the eye and seeing they’re fully immersed in whatever you’re discussing that bonds people together.” General Motors’ management shares Amazon’s three days per week requirement which came into force at the beginning of 2023, which some staff took as a U-turn in company policy from encouraging colleagues to ‘Work Appropriately’.

 

Making the office the destination of choice

As well as incentives such as free food and drinks, access to facilities including gyms and opportunities to come together at work socials, the chairman of PwC believes that AI has its part to play in luring people from their home offices. The Times recently reported that Kevin Ellis thinks that as people feel pressure from the capabilities of the likes of Chat GPT, they are more likely to want to be in the office near colleagues they can collaborate and learn from.

In a company-wide presentation, the professional services giant explained to staff how AI has the potential to fast-track trainees by a couple of years but with that accelerated knowledge base comes a responsibility to be able to coach and manage others that traditionally would have taken place over a longer period. Ellis said at the time that “people are going to want to learn from others face-to-face and the best way a human can differentiate themselves from a robot is in person.”

It’s fair to say then that the mood may well be shifting from the ‘work from anywhere’ easy come easy go attitudes of 2021 and last year. As companies continue to navigate the choppy waters of political unease in Ukraine, the continuing impact of Brexit and the worldwide inflation rates not to mention the global cost of living crisis so they are increasingly calling for near full-time attendance, symbolising a return to pre-pandemic norms, to stay competitive.

Being present in the office has many well-documented advantages such as fostering creativity, encouraging and engendering a sense of culture. And there are positive signs among LABS members too, with over three quarters of them enjoying working from the office most of the time with over half citing colleague relationships as the most important aspect of an office, up by 4 percent year on year.

Given the aforementioned global political uncertainty and economic strife, flexibility and choice for occupiers as well as employees are key components of our current work culture. In this way, workplace strategies can easily shift to address sudden changes. Which is where LABS’ turnkey solutions, available in various shapes and sizes, come in with flexible tenancy arrangements and inspiring amenities. In this way LABS can help optimise a workplace model that works for everyone.

Instilling company culture across geographic divides

Instilling company culture across geographic divides

Instilling company culture across geographic divides is the key to working with globally distributed teamsCompany culture is one of the most fundamentally important facets of the modern workplace. In the last year, it has been identified as an important factor for 46 percent of job seekers, while 88 percent found it at least relatively important, and 15 percent of job seekers have declined a job because of the company’s culture. Due to the wide breadth of employees in large global companies, everything from time zones and language barriers to country culture and local business norms can create sticking points. For professionals at corporate headquarters responsible. More →

Throwing open the window to a new world of work

Throwing open the window to a new world of work

An illustration of a frog, a key metaphor in Charles Handy's writing about the world of workWhile at work in a Viennese Obstetric Clinic in the mid 1840s, a Hungarian physician named Ignaz Semmelweis noticed that mothers were far less likely to succumb to a potentially fatal infection called puerperal fever when the medical staff treating them washed their hands. When he started collecting data to confirm his insight, he found that hand washing reduced mortality rates from around 10 percent to as little as 1 percent. Although, his findings predated the germ theory of disease, which left him without an explanation, in 1847 he published a book in which he proposed that the link was so evident that in future staff should always wash their hands in chlorinated lime before treating patients, to protect them from infection.

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You might be working with a narcissist and not know it

You might be working with a narcissist and not know it

narcissistHave you ever had the feeling that some of your colleagues are working only for themselves, and are not true team players? If your answer is yes, then it is possible that you are working with a narcissist. Narcissists have a heightened sense of what they are entitled to and have a constant need for attention and admiration. They are arrogant and see themselves as superior to others. More →

Whinging Poms? Why the UK workforce is one of the unhappiest in Europe

Whinging Poms? Why the UK workforce is one of the unhappiest in Europe

Nearly all UK workers (90 percent) are not enthused by their work and workplace, according to Gallup’s State of the Global Workplace 2023 Report.Nearly all UK workers (90 percent) are not enthused by their work and workplace, according to Gallup’s State of the Global Workplace 2023 Report. The UK workforce rate of engagement at work (10 percent) remains one of the lowest in Europe, ranking near the bottom among peer countries (33 out of 38) with countries like the US reporting triple the number of engaged employees (31 percent). The poor state of disengaged workforces is not unique to the UK, with just 13 percent of employees across Europe feeling engaged at work, and the lowest rates of engagement reported in France (7 percent) and Italy (5 percent). More →

Remote workers feel “policed” by unpredictable managers

Remote workers feel “policed” by unpredictable managers

Daily monitoring can lead to remote workers feeling that their managers have less trust in them, research from NEOMA Business School revealsDaily monitoring can lead to remote workers feeling that their managers have less trust in them, research from NEOMA Business School reveals. Birgit Schyns, Distinguished Professor of People and Organisations at NEOMA, co-authored a study analysing survey data on 450 employees at UK-based firms. According to the researchers, when working from home, employees can feel that they have less autonomy and are under constant surveillance if monitored too frequently. These feelings can be exacerbated if managers’ behaviour is unpredictable, they say. More →

KI Work2.1 sit-stand desks create personal and collaborative workspace for Braze

KI Work2.1 sit-stand desks create personal and collaborative workspace for Braze

sit-stand desks from KI have been specified to optimise the comfort of workers. policy.Following a period of rapid growth, consumer engagement platform Braze has recently moved into the City of London’s Broadgate Exchange Square. Outgrowing their presence at a nearby shared co-working facility, the company wanted their new dedicated facilities to be an employee attraction tool, whilst also being as ‘future-ready’ as possible. Making the workspace desirable and enjoyable was an important consideration for the company, who exercise a fully agile, hybrid working policy. And sit-stand desks from KI have been specified to optimise the comfort of workers. policy. More →

Men and women hide what they know from colleagues in different ways

Men and women hide what they know from colleagues in different ways

Men and women exhibit different behaviours in the ways they hide what they know at work, according to new research from academics at the UCL Global Business School for Health (UCL GBSH). The findings, published in the Journal of Occupational and Organizational Psychology, suggest men feel more entitled than women to conceal their knowledge: they hide it more often than women, specifically through rationalised hiding, while women use evasive hiding and playing dumb. Men also conceal knowledge more frequently in a female-dominated environment and are more likely to use the same methods as women, since they believe that women will sanction them less than men for this behaviour. More →

Younger workers are the least likely to favour hybrid working

Younger workers are the least likely to favour hybrid working

The appeal of hybrid working is linked to the life and career stage of employeesNew research has revealed the nuances in attitudes towards hybrid working and work-life balance in the UK and US. Perhaps unsurprisingly, the appeal of hybrid work is linked to the life and career stage of employees. The poll from United Culture suggests that work-life balance is the factor most valued by employees at work (58 percent), but is much more appealing to women than men (66 percent vs. 52 percent). Flexibility came in second place, chosen by 47 percent. More →

People now less engaged, less fulfilled and more stressed in their working lives

People now less engaged, less fulfilled and more stressed in their working lives

New research from the CIPD exploring the quality of UK working lives suggests there has been a negative shift in how people think about and value their work.New research from the CIPD exploring the quality of UK working lives suggests there has been a negative shift in how people think about and value their work. The CIPD’s Good Work Index 2023 claims that most people like their work and find it satisfying. However, as many as 6-9 million workers, experience poor-quality work in some major respects. CIPD’s survey indicators show that there has been no significant improvement in job quality in the past four years and, in some respects, job quality has gone backwards. Compared to 2019, workers today are less enthused about work, less likely to perceive their work as useful and more likely to simply see work as purely transactional – simply for the money. More →

Getting back to the idea of a better future

Getting back to the idea of a better future

We may not be in control of what the future holds or able to predict it, but we should rediscover the hope that it will be better.  A recent edition of Jon Connell’s daily newsletter The Knowledge included this nugget: “Last month, I heard one of the world’s most successful fund managers admit that the charts and models he previously used “gave almost no clue” as to what to do with money now. (His one firm prediction, that the US dollar would weaken, has so far proved dead wrong.) Same with climate, with migration, with a business world about to be utterly transformed by AI. That, as much anything, will be one of the biggest questions of the coming years and decades: What do we do if we can’t predict the future?” More →

Artificial intelligence will boost short term headcount, claim half of employers

Artificial intelligence will boost short term headcount, claim half of employers

More than half (54 percent) of Britain’s employers expect Artificial Intelligence (AI) technologies will have a positive impact on their staff headcount over the next two yearsMore than half (54 percent) of Britain’s employers expect Artificial Intelligence (AI) technologies will have a positive impact on their staff headcount over the next two years, according to a survey by Experis, a part of ManpowerGroup.  The survey of 2,000+ British employers also suggests that more than two thirds (69 percent) of businesses expect AI tools and technologies – including ChatGPT, Machine Learning and Virtual Reality – to have a positive impact on upskilling and reskilling, as well as on employee training (68 percent). 67 percent of British organisations anticipate a positive impact on employee engagement because of AI technology, and 60 percent think it can positively impact the onboarding process too. More →