Search Results for: national insurance

Central London office take-up hits highest level since 2010

Office take-up in central London expected to hit highest level Take-up in the central London office market is expected to hit its highest level since 2010, bolstered by a massive increase in demand among firms in the Professional and the tech, creative and new media sectors. These sectors are forecast to employ a further 110,000 people across Westminster, the City of London, Southwark and Tower Hamlets in the next decade, which is expected to further increase demand. According to DTZ’s latest Central London Offices Update overall office take-up is expected to reach 14.5m sq ft in 2014; up by 30 per cent on the five year average and at the highest level recorded since 2010.  However , availability has continued to fall, with just 9.5m sq ft of office space currently remaining – the lowest level since 2001. This restricted availability is leading to a higher level of competition for space which is driving up rents. More →

Flexible work arrangements are leading component of wellness policies globally

Flexible working policies leading component of wellness policies globallyIn the midst of the August summer holidays; it’s now more than ever that flexible working policies can benefit both employees and employers, so that those who need to get stuff done can get on with it without having to sit in a near empty office for form’s sake. So it comes as little surprise that in a new global survey, polices related to flexible work arrangements and paid time off rank as the number one component of wellness programs globally. According to “Working Well: A Global Survey of Health Promotion and Workplace Wellness Strategies,” the concept of wellness at work has evolved over the last seven years, moving from a focus on basic health promotion activities to a culture where seventy-eight per cent of the world’s employers are strongly committed to creating a workplace culture of health, to boost individual engagement and organizational performance. More →

Largest single office floor plate unveiled in Leeds as demand for space increases

No 1 Whiteall RiversideThe largest single office floor plate currently available in Leeds city centre has been unveiled, following the completion of a £1million refurbishment programme at one of the city’s landmark office schemes. The NFU Mutual insurance firm, which owns No 1 Whitehall Riverside, has refurbished 34,000 sq ft of space within the building to transform the 4th and 5th floors. In a first for the Leeds office market, 100 per cent LED lighting has been installed on both floors, to provide low maintenance, good quality lighting which will reduce CO2 emissions for future occupiers. Joint letting agents Jones Lang LaSalle and DTZ say that the building, which provides 127,731 sq ft of office accommodation over eight floors, helps to meet increasing demand for quality office space in the centre of Leeds. More →

Advice to Government to stick to carbon reduction budget welcomed by UK-GBC

Advice to Government to stick to carbon reduction budget welcomed by UK-GBCThe Coalition must stick to agreed targets to dramatically reduce carbon dioxide emissions, the government has been told. The Committee on Climate Change (CCC), the statutory body set up to advise the government on meeting long-term carbon goals says there has been no change in the circumstances upon which the fourth carbon budget (2023 – 2027) was originally set in 2011 that would justify lowering current proposed levels of emissions cuts. Responding to Chancellor George Osborne’s request to review the carbon budget, the committee said if anything, changed circumstances point towards a tightening of the budget. Its findings were backed by the UK Green Building Council, which says that the construction and property sector has been plagued by Minister’s shifts in energy management policies.

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Don’t be caught by surprise by the hidden costs of commercial property


let-signAccording to Colliers International’s recent Global Investor Sentiment Report, 2014 will see an increase in commercial property investor confidence, with 74 per cent of UK based investors saying they were more likely to risk investing across all property sectors, although offices remain the most popular category to invest in. Yet despite this vote of confidence, it seems strange to report that the real costs involved in property acquisition and maintenance, are frequently overlooked by the purchasers. It appears that businesses often have a patchy knowledge of the range of costs involved in owning or leasing commercial real estate, which is surprising when you consider that a company’s biggest single investment next to its workforce is commercial property.

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New report identifies the ten key trends set to transform US commercial property

Navel gazingAccording to a new report from Deloitte, the recent upturn in the US commercial real estate sector is set to continue unabated into next year. Which is great news but according to the property consultancy, the market that emerges from the ashes of the downturn will be very different to the one from which they were formed. Deloitte’s 15th annual Commercial Real Estate Outlook report has identified what it considers the top ten trends that will reshape the emerging market based on a mixture of original research, subjective insights and the firm’s experience with clients. These trends are dominated by structural and financial issues and the only nods towards external socio-economic factors are mentions for the aging workforce within the market (so much for the transformational potential of GenY) and increases in single family households (can’t see the link with commercial property).

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

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 →

Sickness absence rates stall, despite employer and government efforts

 Progress in reducing sickness absence has stalled in the UK, despite a growing number of companies initiating return to work interviews, line manager training, setting stretching absence targets and providing employees with occupational health and wellness initiatives. The 2013 EEF/Westfield Health Sickness Absence survey, found that longer-term sickness absence is increasing (40 per cent) rather than decreasing (24 per cent) and that employers have lost faith the government’s flagship ‘fit note’ programme is getting people back to work.  The three most popular health and well-being employee benefits are health screening/health checks (56 per cent), access to counselling or employee assistance programmes (EAPs) (54 per cent) and subsidised private medical insurance (40 per cent). More →