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Coworking trends are influencing design and layout of central London offices

Coworking trends are influencing design and layout of central London offices

Coworking trends are influencing design and layout of central London offices

The rise of coworking and flexible working are affecting the design and layout of central London offices, with many traditional offices being given makeovers to reflect current trends in wellness and connectivity. And according to Cluttons’ Central London Office Market Outlook for Spring 2018, the Central London office market continues to experience a comparatively low vacancy rate – currently standing at 5.9 percent percent well below the 15 year average of just under 8 percent, which is more or less the same following Brexit in mid 2016. In comparison, following the peak of the last cycle at the end of 2007, the overall vacancy rate in Central London moved out from 7 percent to an average of 8.2 percent in the following two years. Landlords have been generally far more responsive to the recent downturn than in previous cycles; not only in relation to rent but also lease flexibility, together with a willingness to cap service charges and dilapidations with older style buildings. Alongside this, the volume of flexible office space in London rose by 20 percent last year as smaller firms move into serviced or managed offices.

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Gallery: WeWork announces the opening of its flagship location in India

Gallery: WeWork announces the opening of its flagship location in India

WeWork has announced its first flagship Indian location in Bengaluru. WeWork Galaxy is located on the site of the former Galaxy Theatre, and features a rooftop terrace with a pool and gym in addition to a mix of shared and private offices, which are designed around a 5-storey communal atrium. Bengaluru is India’s tech capital and one of the country’s leading cultural and economic hubs and so WeWork see it as a perfect fit for their coworking model. Created by the in-house design team, the goal was to create a space that ‘felt open, yet communal and intimate for members and guests, by creating individual programming and design moments within the atrium space’.

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Flow of gig workers moving in and out of Britain will increase due to Brexit

Flow of gig workers moving in and out of Britain will increase due to Brexit

Flow of gig workers moving in and out of Britain will increase due to BrexitUK businesses are already one of the top employers of short contract “gig workers” at an international scale and with Brexit just around the corner,  a new survey commissioned by Graebel and carried out by Wakefield Research found that 97 percent of UK Millennials would be interested in relocating to another country for a contract job. After Brexit takes place, nearly three in five (58 percent) British gig workers are more likely to relocate from the U.K. to another EU country for a contract job, and 72 percent of British Millennials answered the same way. Gig workers in each of the top three gig economy markets (UK, US and Singapore), were asked how companies can cater for the needs of this new generation of workers and how to retain their top talent. New York (33 percent), Los Angeles (21 percent) and Paris (21 percent) are the top three picks for UK gig workers looking to relocate. On the other hand, London is still the top choice for US gig workers (33 percent) and second choice for gig workers in Singapore (26 percent).

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Employers needs to do more to support working families

Employers needs to do more to support working families

Tackling unsupportive workplace cultures is crucial in helping parents achieve a better work life balance, according to a new study from lobby groups Working Families and Bright Horizons. The 2018 Modern Families Index: how employers can support the UK’s working families, published by work life balance charity Working Families and Bright Horizons, claims to expose the limitations of policies like flexible working, whilst unsupportive workplace cultures remain in place.  Many parents feel compelled to work far beyond their contracted hours to meet managers’ expectations and to progress in their careers, according to the report. When parents were asked how they felt about their employer in terms of work-life balance, over a third (34 percent) of parents said they felt resentful, with more fathers than mothers agreeing (37 percent vs. 32 percent). Millennials were the most resentful; 46 percent of millennial fathers felt resentful, the highest proportion of any group of parents.

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New report aims to increase use of modern flexible working practices to improve lives of employees

New report aims to increase use of modern flexible working practices to improve lives of employees

flexible working

Businesses are being urged to increase their use flexible working practices in a bid to improve the lives of staff and end gender discrimination in the workplace. According to the report, A Manifesto for Change: A Modern Workplace for a Flexible Workforce, one of the main barriers to gender equality is employers’ reluctance to adoptnon-traditional working practices. The report calls on employers to embrace flexible working. The report from Timewise and Deloitte sets out a five point action plan, which it claims will enable UK businesses to bring about the change needed to address ‘outdated’ working practices. The plan is based on findings from a a survey of almost 2,000 professional workers, 92 percent of whom are women, as well as interviews with UK business leaders.

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UK technology sectors continues to outpace rest of the economy, and not just in London

UK technology sectors continues to outpace rest of the economy, and not just in London

The UK’s digital technology sector continues to grow faster than the rest of the economy, according to the latest Tech Nation Report for 2018. Turnover of digital tech companies grew by 4.5 percent between 2016-17 compared to UK GDP which grew by 1.7 percent over the same period. This means that the tech sector grew at 2.6 times faster than the rest of the economy. At the same time the number of jobs in digital tech rose five times the rate of the rest of the economy, demonstrating how the digital tech sector is one of the best performing sectors in the UK economy. 2017 proved to be an amazing year for the UK digital tech sector with some of the biggest fundraisings and exits seen in years, as international investors flocked to fund UK-based firms, according to the report. British digital tech companies raised £4.5bn in venture capital investment during the year, almost double the previous year.

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The toxic workplace is not only about culture, but is a very real physical problem

The toxic workplace is not only about culture, but is a very real physical problem

In today’s society there is far more awareness and concern around additives in food and drink, vehicle emissions and the pollutants from factories. There is, however, a remarkable lack of knowledge when it comes to the air quality of our working environment, beyond air conditioning systems and whether printers emit anything ‘nasty’. The truth is that most of the contents of our offices are emitting substances; invisibly polluting the air we breathe for most of the day. And not least the furniture that surrounds us. Chemicals play a big part in the manufacturing of furniture, from glues to lacquers, fabric treatments to flame retardants. Chemicals are not all bad though. We need chemicals for almost everything we do. They enable us to create products that are long lasting, good looking and comfortable. Progress has much to thank chemicals for. The key is knowing what chemicals to use and what to avoid.

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Overall wellbeing of UK continues to increase, according to official data

Overall wellbeing of UK continues to increase, according to official data

smiley coffee

New government statistics suggest that the general wellbeing and happiness of the UK population has increased over the last twelve months. According to the Office for National Statistics’ annual report on wellbeing, Britons are more contented now than at any point since the study was first published seven years ago. The latest report is based on an analysis of responses to the ONS, which asked people to rank out of ten how happy they were on the previous day, to what extent they regarded their lives as worthwhile, how satisfied they were with life, and how anxious they were generally. For 2017, average happiness was calculated at 7.53 out of ten, living worthwhile lives at 7.88, and life satisfaction at 7.69. There was no significant change in anxiety levels, which currently average at 2.91 out of ten, the ONS said.

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What exactly is driving the global workplace conversation?

What exactly is driving the global workplace conversation?

There is a growing body of research and understanding on the impact that working environments, workplace habits and culture have on people and broader business performance. The very best workplaces in the world – some of which will be on show at Workplace Week in New York next month – are changing our expectations around the look, function and purpose of office space. These workplaces are designed much like ecosystems – every inch designed with the comfort, wellbeing and productivity of the people who occupy them in mind. The new world of ‘workplace management’ is about designing and delivering multi-faceted, minute-by-minute, multi-sensory experiences that create an emotional response. It is about designing workplace experiences to deliver a specific mission. It encompasses thinking about journeys and destinations, the fusion of space, information, and services – and how these reflect organisational personality, support human effectiveness, and lure in talent. But, as those in the industry will be all too aware, this hasn’t always been the case. So, what’s to thank for this fresh approach to workplace design and management?

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Bosses warned about major leadership changes in a tech-driven economy

Bosses warned about major leadership changes in a tech-driven economy

Bosses warned about major leadership changes in a tech-driven worldWith companies holding ever greater amounts of data and facing heightened scrutiny through social media, employers need to consider the wider implications of their business decisions. This was the message of the President of the Chartered Management Institute (CMI), who has warned business leaders and students in Birmingham of the challenges facing bosses in the rapidly evolving tech and data-driven economy. Speaking at the annual MacLaren Memorial Lecture at Aston University, Bruce Carnegie-Brown told the 200-strong audience that the digital revolution is having a transformative effect on the priorities of business leaders, which pose new management challenges. “The growth of social media has made an invaluable contribution in democratising the control of information, he said by, “increasing transparency through universalising access to data and doing it in real time”. Carnegie-Brown, who is also the chairman of Lloyd’s of London, added: “With information more accessible than ever before, those that own or collect data find themselves with huge amounts of power – both social and commercial. But with great power comes great responsibility and balancing these two forces is the greatest leadership challenge of today’s generation of business leaders.”

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A 21st Century take on the idea of the time capsule that tells us something about the way we work

A 21st Century take on the idea of the time capsule that tells us something about the way we work

Last December, National Geographic published a story about the discovery of one of the oldest known time capsules. It was concealed by a chaplain of the Cathedral of Burgo de Osma in Spain, in the buttocks of a statue of Jesus Christ. Hidden inside were some documents that detailed life in Spain in the late 18th Century, along with some thoughts on the political and religious systems of the time. Historians have concluded that this was one of the very first time capsules, given that the creator clearly intended it to be discovered at some point in the distant future. This has been the standard approach to time capsules for hundreds of years; a chance to leave behind some artefacts or thoughts for a future generation to learn about the past.

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