Search Results for: employee

Two thirds would take a pay cut in exchange for a four day week

Two thirds would take a pay cut in exchange for a four day week

four day weekA poll of 2,000 people published in the new edition of the State of Hybrid Work study from Owl Labs claims that flexibility is now key to retaining top talent in 2022 and beyond. 65 percent of British employees would rather be paid less in exchange for a four day week and over a third (37 percent) would choose to decline a job if flexible hours are not offered. The report claims that offering greater flexibility will prove key to preventing employees from driving the ‘Great Resignation’ – with nearly one in three (31 percent) employees changing jobs in the past two years and a quarter (25 percent) of employees actively seeking a new opportunity in 2022. More →

Flexible working means half of workers says they are more able to be ‘themselves’

Flexible working means half of workers says they are more able to be ‘themselves’

flexible workingA poll from Perkbox claims that moves towards hybrid and flexible working are changing the workplace experience for employees across the UK, with 57 percent feeling freer to be ‘themselves’ in this environment. This is particularly strong for women – 61 percent say they feel freer to be themselves when remote and hybrid working compared to 51 percent of men. In addition, 55 percent of employees say that remote and hybrid working has been a huge step forward in supporting more diverse and inclusive working environments. More →

Hybrid working and how we escape the constraints of leadership

Hybrid working and how we escape the constraints of leadership

hybrid working danceJennifer was at the ballet the other day, watching Acosta Danza, and there was a dance with ropes.  In the movement of the relationship of the dancers, the mood, the emotion were all defined using the rope.  It was very beautiful.  Then towards the end the ropes were taken away and everything changed – the performers were liberated, unconstrained.  At first like a frenzy, but then the dancers started to gel together letting go of the need for the rope.  And this got her thinking about the role of constraint in leading change, especially in the new era of hybrid working. More →

Great Resignation: nearly half of job quitters think they were better off in the old job

Great Resignation: nearly half of job quitters think they were better off in the old job

great resignationNearly half of people (43 percent) who quit their jobs as part of the so-called Great Resignation during the pandemic now think they were actually better off at their old job. This revelation comes from a six-country survey of nearly 4,000 people by UKG  that examines sentiment about quitting during the Great Resignation, including if job leavers felt that they made the right decision, the disconnect between managers and employees about why people quit, and the chances workers would boomerang back to their old job. More →

Inflexible return to office strategies starting to damage workplace experience

Inflexible return to office strategies starting to damage workplace experience

commuters return to officeFuture Forum, a consortium launched by Slack with Boston Consulting GroupMillerKnoll and MLT to “help companies reimagine work in the new digital-first workplace”, has released the latest findings from its global Pulse study, which shows that employee experience scores are plummeting for knowledge workers who have been asked to return to the office full-time and for those who do not have the flexibility to set their own work schedules. More than a third of knowledge workers (34 percent) are now working from the office five days a week, the greatest share since Future Forum began surveying in June 2020. With this shift, employee sentiment has dropped to near-record lows, including 28 percent worse scores on work-related stress and anxiety and 17 percent worse scores on work-life balance (compared to last quarter). More →

The effects of workplace change may not be the ones we expect

The effects of workplace change may not be the ones we expect

There’s a scene in the 1986 horror movie The Fly in which Seth Brundle (Jeff Goldblum) persuades the reporter Veronica Quaife (Geena Davis) to try two steaks, one of which Brundle has just sent between two teleportation pods in an effort to work out why the pods can’t process organic matter, including the organic matter that had recently belonged to a very unfortunate baboon. More →

Women working from home more likely than men to say their careers are harmed

Women working from home more likely than men to say their careers are harmed

working from homeWomen working from home regularly are less positive about their career prospects than men are, new research suggests. They are also less optimistic about getting recognition for good work and being included in important consultations when compared to men who often work from home, the study found. The research, presented at the British Sociological Association’s online annual conference today [Wednesday, 20 April 2022], comes at a time when employers and staff are deciding how much they will work from home as pandemic restrictions are removed.

More →

Half of large office occupiers plan to rethink their property requirements

Half of large office occupiers plan to rethink their property requirements

PWC officeLarger office occupiers are getting to grips with the fallout following the pandemic and are now reassessing their office property needs, according to a new YouGov survey commissioned by law firm Irwin Mitchell. The survey of over 500 office property decision makers shows that nearly half (46 percent) of large businesses and (39 percent) of medium sized companies plan to rethink their office space- whether by upsizing, downsizing, or relocating. The survey shows that one in five large businesses plan to increase their existing office space, with the same proportion looking to reduce space and 5 percent to relocate. In addition, 11 percent are looking to reconfigure their existing space. While 37 percent plan to stay the same. More →

Office costs creep up, but not because of higher rents

Office costs creep up, but not because of higher rents

office costs riseHigher fit-out costs and service charge growth, not rent rises are set to increase office occupier costs in 2022, claims a new report. Savills analysis of Q1 22 Prime Office Costs (SPOC) in global markets around the world has shown that higher fit-out costs, reflecting material and labour cost inflation, are beginning to creep through in some office markets. While overall there has been no movement in the position of cities in the rankings since the end of 2021, says Savills, some markets are experiencing rising costs in fitting out space and increased service charges. According to Savills this trend is most evident in Chinese cities, Kuala Lumpur, and in North American cities at the moment, but other markets across the globe are set to follow suit in the coming quarters.

Jeremy Bates, head of EMEA occupational markets at Savills, comments: “From higher prices for raw materials to increasing labour costs to keep up with rising inflation, it’s likely that most office occupiers will have to pay more to rent and fit-out their space in global cities this year.

“Whilst rent is the usual indicator of increasing cost, service charge rises and higher capital expenditure will represent the largest contributions towards increased occupier costs in the coming quarters. Even in markets where landlords tend to pay for fit-outs, these costs will eventually be passed on to occupiers later in the form of higher rents. Nonetheless, for many office occupiers the expense is unlikely to deter them from selecting top quality spaces in prime central business districts to attract and retain talent, although they are carrying out extensive data gathering exercises on how employees are using space before making decisions on exactly how much to take.”

Savills says that overall headline rents have, on average, remained flat in local currencies and the increasing additional costs have yet to appear across many markets, according to the international real estate advisor, with fluctuating exchange rates due to increased uncertainty producing the appearance of declining costs for many markets in Dollar terms during the first quarter of 2022, while in local currencies they have broadly remained consistent with Q4 2021.

Experimentation is the name of the game

Experimentation is the name of the game

Uncertain times call for different measures and approaches, the old rules and playbooks are no longer applicable – so what are you going to do? Sit around, stagnate, hanker after old solutions trying to manipulate and squeeze them into new, unknowable, untried paradigms? No! One thing human beings are fairly good at is evolving and adapting to new and unknown situations and as we all know, being flexible and  accepting change creates resilience and ensures survival. More →

Facilities Managers should be seen as stewards of corporate culture

Facilities Managers should be seen as stewards of corporate culture

hybrid working facilities managersThe pandemic has irrevocably changed the way we work. Once considered a place simply to do business, the office is fast becoming a ‘lifestyle choice’ among young people who value more than just a desk. Instead, they want an engaging, healthy, and resilient working environment where they can socialise, make friends, and build connections to help their career and wellbeing thrive. In fact, an EY study found that 90 percent of Generation-Z value the human connection in the workplace above salary when it comes to their at-work communication. A recent Gallup survey even found a tangible link between having a best friend at work and productivity: those who have a best friend in the office are twice as likely to be engaged in their role and company. More →

The Metaverse in the workplace: Meta’s wobble may affect how we use emerging technologies

The Metaverse in the workplace: Meta’s wobble may affect how we use emerging technologies

metaverse at workThere has been much talk over the past two years of the adoption of hybrid working for elephant-in-the-room reasons and it is now the case that the practice is being widely adopted by many organisations. Knocking at our office doors now is the next big talking point in terms of technology: the Metaverse. There has been much speculation recently on how this collective, virtual open space, which incorporates environments including those in which to shop, learn, be entertained and, of course, work, will evolve. It has been described as the ‘next chapter of the Internet’ and is created by the convergence of virtually enhanced physical and digital reality. More →