Search Results for: employment levels

Worldwide space standards moving closer to UK norm, claims new report

ShrinkingWorldwide office space standards are now moving closer to the norm seen in the UK according to a new survey from CoreNet Global. According to the CoreNet survey of real estate managers, the average amount of space per office worker globally has dropped to 150 sq. ft (14 sq.m.) , from 225 sq. ft. (21 sq.m.). This is still well outside the standards from the British Council for Offices Specification Guide which reported a fall to 11.8 sq. m. in 2009 and which will be revised downwards even further with the publication of the new guide which has been promised soon.  Even this figure might be seen as high and makes assumptions about the relevance of such space standards given the way some firms now work.

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Corporate Real Estate executives predict strong global economic outlook

The global economic outlook is strong for the second half of 2013, while the prospects for corporate growth and expansion are also increasing, according to the views of corporate executives surveyed in June for the new CoreNet Global Confidence Index. Nearly two-thirds (62.5%) rated their outlook on the global economy for the coming six months as optimistic to very optimistic, compared to a year ago. Most (72.4%) reported the likelihood that flexible, open workplace strategies will increase, while space per work setting and/or work settings per supported worker will be reduced.

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Commercial sector bucks downward UK construction trend

Construction figsConstruction business activity fell by the third month running in January, with new orders at slowest pace since October 2012 according to the latest Markit/CIPS UK Construction Purchasing Managers’ Index (PMI). There were some reports that snowfall had contributed to reduced output volumes, but the majority of respondents cited weak underlying client demand and a lack of new projects.  However commercial activity was the only sub-sector to buck the wider downward trend in output during January with the latest data indicating unchanged volumes of commercial activity, ending five months of contraction. More →

We need to stop paying lip service to the issue of workplace wellbeing

We need to stop paying lip service to the issue of workplace wellbeing

Many people feel their employers are guilty of ‘wellness washing’, the practice of paying lip service to wellbeingIn 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 →

People are more loyal to employers in the Asia Pacific region than Europe and the US

People are more loyal to employers in the Asia Pacific region than Europe and the US

Employees’ commitment to their employer varies greatly by region, a new global report has foundEmployees’ commitment to their employer varies greatly by region, a new global report has found. According to nudge’s annual Global Financial Wellbeing Report [registration], which surveyed 11,500+ people around the world, how valued employees feel at work varies significantly from East to West. In Europe, attitudes appear to be more cynical in relation to loyalty in the workplace. Two thirds (66 percent) of employees in the UK believe that companies view workers as ‘interchangeable’ and ‘easily replaceable’, followed closely by France (62 percent), Spain (58 percent) and Italy (54 percent). More →

The Great Resignation has given way to The Big Stay, says the CIPD

The Great Resignation has given way to The Big Stay, says the CIPD

The luxury belief that was  the so-called Great Resignation, appears to be over, even if you assume it ever existed.The luxury belief that was  the so-called Great Resignation, appears to be over, even if you assume it ever existed. Workers are increasingly staying put in their current jobs and more employers are holding steady on staffing levels as the labour market slows, according to the CIPD’s latest Labour Market Outlook report. The survey shows more than half (55 percent) of employers are looking to maintain their current staff level – the highest level since winter 2016/17. The CIPD’s new report, based on a quarterly survey of 2,009 employers, also cites data from the ONS vacancy survey and analysis on turnover from the Labour Force Survey, with all indicators pointing to lower staff attrition in 2024 and trends returning to pre-pandemic levels. More →

Large increase in the number of people who say they are experiencing burnout

Large increase in the number of people who say they are experiencing burnout

The number of Britons who say they are experiencing stress or burnout in the workplace doubled in 2023 compared to the previous year, according to a pollThe number of Britons who say they are experiencing stress or burnout in the workplace doubled in 2023 compared to the previous year, according to a poll from Indeed Flex. According to the survey, 92 percent of UK employees say they have experienced burnout or stress in the workplace during their careers. However the strain has grown rapidly as post-pandemic labour shortages intensified workloads. In 2023 the proportion of UK workers grappling with poor mental health skyrocketed to 37 percent, almost double the 19 percent who experienced problems during 2022. A fifth (19 percent) of workers say they have suffered from burnout or stress in 2024 so far. More →

West End gateway for Leeds takes shape with green light for McLaren’s mixed use neighbourhood

West End gateway for Leeds takes shape with green light for McLaren’s mixed use neighbourhood

Leeds City Council has McLaren’s mixed use Wellington Square development of build-to-rent homes and commercial space in Leeds’ West End. The new neighbourhood, designed by Howells Architects, will transform a 2.47 acre site into a lively gateway to Leeds city centre with a landmark tower, high-quality new homes and innovative workspace in the city’s professional core and Innovation Arc, which establishes the area as a hub for research and innovation. More →

Half of workers say they are ready to take advantage of new flexible working laws

Half of workers say they are ready to take advantage of new flexible working laws

more than half (55 percent) of respondents to a poll are planning to make a new request for flexible working when new rules come into UK law this weekendBusinesses are being advised to brace themselves as a new poll claims more than half (55 percent) of respondents are planning to make a new request for flexible working when new rules come into UK law this weekend. The changes introduced by the Flexible Working Bill on April 6 – allowing workers to ask for flexible forms of work from day one of their employment (previously six months)  – look set to lead to a sharp increase in flexible working requests even though 74 percent of employees report already having some degree of flexibility.  More →

The sector responds to the Spring Budget

The sector responds to the Spring Budget

Yesterday’s Spring Budget included a number of announcements that affect the various people, place and technology professions in the UK. These include a cut in National Insurance, pension fund reforms, support for working parents, AI, helping people back in to work and more. You can see the Government’s own summary here. The various industry sectors have been quick to respond to the announcements. You can see what some people have had to say below, in no particular order. More →

New occupational health taskforce will ‘tackle in-work sickness and drive down inactivity’

New occupational health taskforce will ‘tackle in-work sickness and drive down inactivity’

New Occupational Health Taskforce to tackle in-work sickness and drive down inactivityBusinesses will be urged to tackle in-work sickness and stop people falling out the workforce, following the appointment of Dame Carol Black as the Government’s new Occupational Health Tsar. According to the Department for Work and Pensions, she will lead a new Taskforce to improve employer awareness of the benefits of Occupational Health in the workplace. More →

Fear of judgement prevents working parents from using beneficial workplace policies and support

Fear of judgement prevents working parents from using beneficial workplace policies and support

Although many organisations say they recognise the value in supporting working parents many are still failing to see significant or lasting changeAlthough many organisations say they recognise the value in supporting working parents many are still failing to see significant or lasting change, according to a report published by working WOMBA (Work, Me and the Baby), in partnership with Hult International Business School (Ashridge). According to the report,  The priority actions for boards to drive equal opportunities for working parents, many working parents do not use the policies, support and benefits available to them because they fear being judged negatively by colleagues and managers, and worry about the consequences of doing so on career progression. More →