Search Results for: Gen Z

The CIPD is right to focus on the multi-generational workplace

by • Comment, Workplace, Workplace design

Multi-generational workplaceAmongst all the talk about Generation Y and its impact on the world of work, it can be easy to miss the fact that the modern workplace is not defined by one particular generation, but a number of them. The multi-generational workplace has significant implications for the way we design and manage offices. While we must avoid the more obvious stereotypes about the needs of different age groups, we must still offer spaces that can meet a wide range of cultural, physical and technological needs if we are to create productive workplaces.The latest organisation to bang the drum for the multi-generational workplace is the Chartered Institute of Personnel and Development. It has published new research together with the Scottish Centre for Healthy Working Lives into the experiences and attitudes of SMEs towards age diversity at work.

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Business leaders must do more to address gender inequality says Mitie CEO

by • Facilities management, News, Workplace

Change of mind set need to address gender inequalityThe Chair of the Women’s Business Council, (WBC) Mitie Chief Executive Ruby McGregor-Smith, is calling for a fundamental change in mind-set from business leaders, to help remove the final barriers to women’s equality. In the Council’s ‘One Year On’ report which included discussions with over 500 companies and individuals over the last year, as well as canvassing the views of male Chief Executives; the WBC concludes that male leaders are important, as visible agents of change, to ensure women are not held back in reaching their full potential in the workplace. Back in June 2013, the WBC published a number of recommendations for business and government to improve opportunities for women. Since then things have been moving in the right direction. But despite this progress, the organisation argues that male leaders could do more. More →

New tenants reflect strong demand for office accommodation on Regent Street

by • Facilities management, News, Property

Sstrong demand for office accommodation on London's Regent StreetIn one of the most substantial West End lettings this year, global asset and investment manager, Tudor Capital Europe LLP is to locate its new UK headquarters to Crown Estate’s 10 New Burlington Street development. The firm will move into some 40,000 sq ft across two floors at the £250m redevelopment, which forms part of Regent Street’s £1 billion regeneration. This follows on from a 30,000 sq ft letting to Ares Management at the same building. The addition of Tudor Capital Europe to the line-up at 10 New Burlington Street means the office element (around 100,000 sq ft) is 75 per cent let at completion. The move illustrates strong demand for office accommodation on Regent Street, where office take up rose by 90 per cent in the 12 months prior to March 2014, compared to an increase of 31 per cent over the wider West End in the same time span. More →

Money alone isn’t enough to attract and hold on to Gen Y employees

by • Comment, Flexible working, Workplace

Gen YThe retention of Gen Y employees is key for all organisations. No organisation wants to invest in their next generation of management only to find that they leave, and someone new needs to be trained. But the 20-30 year old workers of Gen Y exhibit a new-found job mobility. Which makes for a ticking time-bomb of potential cost and disruption to their employers. The iOpener Institute has gathered and studied questionnaire responses from over 30,000 professionals across the world, gaining insights into how employers can retain their Gen Y talent. The research clearly shows that while pay and financial rewards are important to Gen Y (i.e. they are not prepared to be under-paid for their work), there is no significant correlation between increased levels of pay and greater talent retention.

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£56m office development planned for Salford’s regeneration area

by • Company news, News, Property, Public Sector

Salford £56m regeneration schemeWork is to start on a £56m Grade A office and car park development in Salford’s Greengate Embankment regeneration area. The joint venture partners behind the development are Carillion, Ask Real Estate and Tristan Capital Partners, with Carillion acting as the main contractor. Work on the site, which was part of the former Manchester Exchange railway station, will start in June, with delivery of the 172,640sq ft office and car park planned for spring 2016. Salford City Council has signed an eight-year pre-lease on the whole of the first office building and Q-Park has agreed a 35 year pre-lease for the 442 space car park. The site, which was acquired from Network Rail, also has planning permission for a second phase which comprises another Grade A office building providing 150,000 sq ft of space. More →

Oil and gas firm moves in as regeneration of London’s Victoria area continues

by • Company news, Property

123-Vic-completed-external-440x200The regeneration of London’s Victoria area continues with the news that Land Securities has let a further 18,000 sq ft at its 123 Victoria Street SW1 development. Oil and gas exploration company Ophir Energy PLC is relocating from its Mayfair headquarters to join existing tenants such as US software company Intuit, CDC Group, CPA Global and Jimmy Choo. This latest letting means 123 Victoria Street is now 93 per cent let with just 17,000 sq ft still available. Kaela Fenn-Smith, Head of Leasing at Land Securities, said: “We are delighted to welcome Ophir Energy to 123 Victoria Street. Their decision to move from Mayfair and choose Victoria as their new home reflects the area’s ever-increasing reputation as a vibrant destination for forward-thinking companies.” More →

Latest generation Y survey reflects characteristically idealistic thinking of youth

by • Comment, News, Workplace

Maybe it’s the cynicism of middle age, but the most recent exploration of arguably, the most over-analysed cohort of workers in history – Generation Y – seems to reflect the archetypal idealistic thinking of youth. For example, while most Millennials (74%) believe business is having a positive impact on society by generating jobs (48%) and increasing prosperity (71%), they think it can do much more to address society’s challenges in the areas of most concern: resource scarcity (68%), climate change (65%) and income equality (64%). And quelle surprise, 50 per cent of Millennials surveyed wanted to work for a business with ethical practices. You have to wonder wouldn’t an examination of the hopes and aspirations of the last couple of generations of younger workers reveal similar ideologies, albeit without the benefit of their digital sophistication? More →

Book Review: The Emergent Workplace

Book Review: The Emergent Workplace

by • Comment, Facilities management, Workplace design

Looking for patterns in the mash. © Columbia Pictures

Looking for patterns in the mash
© Columbia Pictures

It’s rather refreshing to see a book or report in which the word ‘Workplace’ in the title is prefaced by ‘Emergent’ rather than something misleading like ‘Tomorrow’s’ or ‘Future’. And so the authors Clark Sept and Paul Heath define their vision of the workplace presented in this slim but engaging book as a thing which is ‘in the process of becoming prominent’ to use the dictionary definition of the word emergent. By using this particular epithet, they are describing the consequences of the various forces that drive today’s workplace rather than lapsing into the fallacies most commonly associated with works of this kind; principally those of either assuming there is an evolution of all offices towards an ultimate model, or that already commonplace factors such as technology which frees us to work anywhere and at any time can in any way be associated with ‘the future’.

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Remarkable resurgence of confidence in the UK commercial property market

by • News, Property

Edinburgh is one region enjoying a resurgence in confidence

Edinburgh is one region enjoying a resurgence in confidence

The UK commercial property market is continuing its strong recovery, driven in large part by a resurgence in regional markets and financed by more adventurous borrowing by investors, a juxtaposition of three new reports reveals. According to Lloyds Bank’s twice yearly Commercial Property Confidence Monitor, around three quarters of the small and medium sized commercial property agents surveyed for the report expect a  surge in activity over the next six months, led by especially strong confidence levels in Scotland, South West England, North West England and the Midlands. The results are mirrored in the latest Savills’ commercial development activity survey which found that  the UK’s commercial sector grew at its fastest rate on record during November. Meanwhile, another report from Laxfield Capital claims that investors are willing to take on more debt for new deals to take advantage of the new confidence in the market.

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BYOD is not a temporary problem generated by a few errant staff

by • Flexible working, News, Technology

While most organisations are increasingly feeling the imperative to “do mobile,” many don’t know where to begin. Today’s employers have diverse workforces, made up of full-time staff, external contracting agencies, independent professionals, and part-time staff. In addition to the changes in the workforce, all enterprises (business, government and community) have been pushing their IT processes beyond their own organisational boundaries and it is increasingly clear they don’t have absolute control over the tools used to access their corporate systems and data. All this means, advises the experts at Gartner, bring your own device (BOYD) is not just a purchasing issue, but should be approached more broadly with the applications and strategies necessary for a changing world.

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Generation X leads the world in embracing social media recruitment

by • News, Technology, Workplace

Generation X takes the lead in embracing social media recruitment

Nearly half (44%) of respondents to a new global survey on social media and workforce have been contacted about a job via social media over the past year. All generations of workers are taking part in this trend, with surprisingly Generation X (47%) just slightly in front of Gen Y and Baby Boomers (42%) in receiving job information via social networks. However the latest Kelly Global Workforce Index finds the UK lags behind many other European Countries, with just 40 per cent of UK respondents contacted through social media about an employment opportunity in the prior year, compared with 55 per cent in Germany and Poland, and 52 per cent in Ireland. More →

Joint survey investigates where energy use is on the FM agenda

by • Environment, Facilities management, News

Joint survey investigates where energy use is on the FM agendaThe British Institute of Facilities Management (BIFM) and the National Energy Foundation (NEF) have announced a joint survey exploring FM professionals’ experiences and expectations of improving the use of energy in the buildings. Both organisations hope the findings, which will be made available in a report in January 2014, will identify new areas of focus and shed light on how FM professionals are tackling the gap between actual and predicted energy performance in the buildings for which they are responsible. According to Lucy Black, Chair of BIFM’s Sustainability Special Interest Group (SIG), the survey should help identify areas where barriers persist, and FM knowledge is strongest or needs further support. More →

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