June 5, 2024

GenAI is already driving down demand for freelancers

The demand for freelancers working in writing, and coding related jobs has dropped by 21 percent since the launch of ChatGPT in November 2022, according to new research by Imperial College Business School, Harvard Business School and the German Institute for Economic Research. This research paper, Who is AI Replacing? The Impact of Generative AI on Online Freelancing Platforms, looks at the impact of GenAI technologies on the demand for creative professionals who work on an hourly basis for different clients. More →

June 4, 2024

London office market sees sharp decline in leasing activity

by Marvin Gort • News, Property

The London office leasing market kicked off 2024 with a significant downturn, according to a new report from Devono. After a strong end to 2023, leasing activity plummeted by 45 percent in the first quarter, with only 2.3 million sq ft of space leased. This falls short of the 5-year average for Q1 and marks the lowest total since late 2022. The report attributes the decline to a combination of economic factors, including a recent recession and rising inflation. Businesses are cautious about committing to new office space in this uncertain climate. More →

June 4, 2024

As sickness absence rises, firms indulge in ‘wellbeing washing’

by Neil Franklin • News, Wellbeing

A new survey commissioned by law firm Winckworth Sherwood suggests there has been a shift in workplace culture, with a majority of both employers (86 percent) and employees (69 percent) agreeing it’s more acceptable to take time off for illness, especially mental health issues. However, the survey also reveals a potential gap between perception and reality, which the report labels ‘wellbeing washing’. While employers say improved productivity is the main reason they offer wellness programs, some employees may be sceptical. The survey claims that only half of employers actually offer practices considered most effective for mental health, such as fair pay (51 percent), flexible work options (49 percent), and what the study calls “good work” (55 percent), which likely refers to manageable workloads and positive work environments. More →

June 4, 2024

What is the role of a change manager?

by Jennifer Bryan • Comment, JB

There seems to be a constant debate as to when a change manager should join a project based on the perceptions of what a change manager does. Many change managers feel they are brought onto a change programme only once the programme/project team realise they need to start communicating to the business about the change. The fact of the matter is that although communication is a key element of generating change, it is not the sole element or what enables change to happen. You can literally have thousands of communications of all different kinds from emails, posters, videos and townhalls, to name a few, but none of this will mean that change will actually occur. More →

June 3, 2024

Mismatched technology may be driving down productivity

by Neil Franklin • News, Technology

A new poll from Apogee Corporation claims that current workplace environments are failing to cater to different personality types, leading to significant collaboration challenges, reduced productivity and potentially driving away ‘talent’. The survey of 1,001 UK employees in mid-sized businesses suggests that 79 percent of workers struggle with meeting technology when collaborating with colleagues. This is particularly detrimental to extroverts, with 84 percent reporting a drop in productivity while working remotely. More →

June 3, 2024

Forget Cannes. Commercial property sector hits the North to great effect

by Helen Parton • Cities, Comment, Property, Public Sector

An hour or two on the train from that part of the UK that gets talked about most and much better optics for local authorities to chase private investment than the South of France, little wonder the UK’s Real Estate Investment and Infrastructure Forum (UK REiiF) proved so popular this year. Over 13,000 attendees descended on Leeds for three days in May this year, a figure all the more remarkable when considering the event only started in 2022 with nearly 4000 attendees, which it nearly doubled the following year. Back to 2024 then and housing was a strong focus but that’s not to say some interesting stories from the commercial property sector didn’t also arise. More →

June 2, 2024

A brief history of the future of work

by Mark Eltringham • Features, Flexible working, Technology, Working culture

The past few years and our current predicaments should serves as a reminder of that tragic, unchangeable feature of the human condition, best expressed by Kierkegaard, that we are doomed to live our lives forwards but only understand them backwards. Retrospect is particularly important when we look back on sudden, large changes that knock us off our normal path. It’s important to remember this as we continue to grapple with the nature of the present and future of work in the wake of the pandemic. More →

May 31, 2024

Make my day, punk. With Will Easton

by Mark Eltringham • Facilities management, Features, Flexible working, Podcasts, Workplace Cocktail Hour

Will Easton joins me for a chat over a drink on the Workplace Cocktail Hour podcast. We discuss many things including: the scope of facilities and workplace management and why it offers so many career opportunities for people; punk approaches to work; what presence means and why it can be found in mosh pits as well as when touching grass; the emerging role of UX in designing offices; and why you should take the claims of iconic office designs with a pinch of salt. We even come up with an edgy but surprising playlist in the course of the conversation, which you can find below. More →

May 31, 2024

People must take the lead on hybrid working to drive highest returns

by Neil Franklin • Flexible working, News, Technology

A new report from workplace technology provider Eptura suggests that employee-led hybrid working models and connected technology drive the highest returns for businesses. According to its first half 2024 Workplace Index report [registration], companies with hybrid working models in which employees can choose when to come to the office are seeing the most benefit. This is because employees who work effectively in the office can generate an average revenue increase of 3-8 percent. The study also claims that globally, employees are now spending an average of 3 days a week in the office, with the biggest increase being seen in the Asia-Pacific region. The most common days for office attendance remain Tuesday through Thursday. More →

May 30, 2024

Furniture Makers to hold next sustainability event focussed on ecodesign

by Freddie Steele • News, Workplace design

The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, is hosting its next sustainability event focussed on the issues surrounding ecodesign, including the implications of the new EU law, Ecodesign for Products Regulation (ESPR). More →

May 30, 2024

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

by Jayne Smith • News, Workplace

Employees’ 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 →

May 29, 2024

MIT professor pours cold water on the prevailing hype about AI and the economy

by Neil Franklin • AI, News, Technology

A study by MIT economist Daron Acemoglu appears to challenge the prevailing optimism surrounding artificial intelligence (AI) and its economic impact. While many experts predict a future fuelled by AI-driven productivity booms and reduced inequality, Acemoglu’s research paints a more cautious picture. His findings suggest that AI’s impact on productivity and inequality may be far less dramatic than anticipated, and could even exacerbate the gap between the rich and the poor. More →