September 5, 2018
BRE announces plans for £10m innovation hub building
UK based building research body BRE has announced plans for a new research centre building at its campus in Hertfordshire. The new Open Innovation Hub will be built on the current site of a redundant and soon to be demolished 1960’s office block, known as Building 4, at the organisation’s Garston base. BRE says the new building, designed by architects AHMM will create a national and international centre for research and innovation in emerging sectors such as digital, connected and smart built environment. The four-floor 35,000 sq ft building will offer high-quality incubation and SME acceleration space to facilitate collaboration between the research base, large firms and knowledge-intensive SMEs. BRE aims to see the £10m build project achieve a BREEAM outstanding environmental accreditation. Once finished it will create 150 jobs and BRE also hopes to attract as many as 25 new firms to its Enterprise Zone.
The latest generation of workplace recruits, the so-called Gen Z graduates, are more likely to stay in their first role if flexible working and mentoring is on offer, new research claims. According to graduate jobs board Milkround, while over half (55 percent) of new graduates’ plan to stay in their first role for less than two years, 76 percent can be encouraged to stay longer with training/mentorship and 63 percent with flexible hours. They are also ambitious and have high expectations, with 65 percent believing they will work in their dream industry. This impacts what is expected of employers and could hold the key to encouraging this new generation to stay in roles longer. This change in expectations begins before they start their new role – 68 percent of graduates are calling for more detailed job descriptions and 57 percent would like to have an open line of communication with their line manager from the moment they accept a job.
A significant number (37 per cent) of workers (11 million people) in the UK worry their job will change for the worse and 23 per cent (7 million people) are concerned that their current job may no longer be needed, claims a survey into the impact of automation over the next decade. In the survey, carried out to mark the launch of a new Commission on Workers and Technology chaired by Yvette Cooper MP, workers were 73 per cent confident they can adapt to technological change and update their skill if automation affects their job and over half think (53 per cent) are optimistic that technology change will be good for their working lives. 
Traditional job roles are becoming more complex due to digital transformation initiatives a new poll claims, with UK businesses having to wait more than five months, on average, for new joiners to get up to speed in their jobs. In the research by Robert Half of almost 5,000 CFOs in 14 countries, CFOs in the UK report that the key skills for finance professionals are changing. With digital transformation a priority for many organisations, there is now more focus on skills such as data analysis (cited by 43 percent of CFOs), financial analysis (35 percent), and data forecasting (34 percent). Finding the right people with these abilities is made even more challenging by the fact that businesses around the world are struggling to find qualified professionals. Almost all (93 percent) UK businesses find it challenging to attract qualified accounting and finance professionals. Globally, the issue is equally pronounced, with 94 percent of businesses also reporting similar challenges.
August 9, 2018
How will Crossrail impact the office landscape of London and beyond?
by Lars Brown • Comment, Property
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