Search Results for: Gen Z

August 27, 2013

Forget Gen Y – the future workplace is multigenerational

by Mark Eltringham • Comment, Flexible working, Knowledge, Legal news

There is quite possibly more guff talked about the impact of Gen Y on businesses and the workplace than any other management topic. However, it’s not only wrong to characterise the people of Generation Y as some homogeneous blob with stereotyped attitudes that set them apart from the rest of humanity, but also to miss the point that the workplace is and will remain multigenerational. In fact, according to new data from the Department of Work and Pensions, there have never been more over 50s in work in the UK than there are right now. There are 2 million more over-50s in jobs than there were 15 years ago and they will form a third of the workforce by 2020. And they will want their own say on things just as much as the much talked about millennials.

July 2, 2013

Younger workers’ CSR ethics don’t necessarily extend to older generation

by Sara Bean • Comment, Legal news, News, Workplace

Is ageism one of the last bastions of accepted prejudice in the UK? Take the Daily Mail’s “night of the living dead” coverage of the Stones’ Glastonbury performance – deemed acceptable where jokes regarding gender, race or disability are not. A new survey illustrates this attitude. Nearly half of younger workers in a recent poll think older colleagues are in danger of stifling their career prospects by retiring later, that their prolonged presence could damage productivity and that they have very little to teach the younger generation. Yet over half (55 per cent) of Generation Y workers questioned in the poll say the ethical credentials of a company would influence their choice of employer. Since the scrapping of the Default Retirement Age (DRA) the number of over-65s in the labour force has exceeded one million, and the survey, carried out for KPMG by OnePoll warns that tensions could rise as the need for employees to stay in the labour force for longer growing due to social and financial pressures. More →

June 13, 2013

Gender equality and senior roles where are we now?

by Pam Loch • Legal news, Workplace

Gender equality at senior management and Board level has been and is likely to remain an area of contention. According to recent research by analysts BoardEx into gender inequality in Britain’s top 100 private companies, 73 per cent of companies still have all male teams of executive directors, 51 per cent have only male non-executive directors and there are still 56 per cent of all male Boards. At the end of May a new National Equality Standard was launched by the CBI and the Equality and Human Rights Commission in response to the continued concerns about the issue, which some EU members have argued requires the imposition of mandatory board quotas.

June 4, 2013

Generation Y workers take most pride in the workplace, poll finds

by Sara Bean • Knowledge, News, Workplace

Over half (58.1 per cent) of UK workers are proud to work for their current organisation, and younger workers feel the most pride, according to a new poll. The latest in a bewildering series of contradictory stats on Generation Y – finds that over three fifths (64.1 per cent) of employees aged between 16-24 say they are proud of working for their current employer. But the research by recruiter hyphen suggests that while pride is high, managers may not be directly responsible for the rise. Just six out of 10 (62.8 per cent) workers believe their organisation seeks their opinion, listens and respects their views, dropping from over three quarters (77.9 per cent) in January 2013.

June 3, 2013

Infographic: how work related social media use varies by country, gender and sector

by Mark Eltringham • Knowledge, Technology, Workplace

A new survey from Microsoft has highlighted a widespread mismatch in the use of social media in a business context across regions and between gender and age groups. It also claims that firms should be more open to social media use and that their unwillingness to adopt them more openly is hampering personal productivity. In the survey conducted in conjunction with Ipsos, nearly half of employees report that social tools at work help increase their productivity, but more than 30 percent of companies underestimate the value of these tools and often restrict their use. An infographic of the survey’s main results can be found here.

May 29, 2013

Crown Estate in £320m joint venture to redevelop area around Regent Street

by Sara Bean • Company news, News, Property

The Crown Estate, which manages the Queen’s property portfolio has announced a joint 50/50 – £320 million venture with Canadian real estate company, Oxford Properties. The Crown Estate, which will retain the freehold and take the lead role in the development says the St James’s scheme will provide 210,000 ft² of prime office and 50,000 ft² of flagship retail and restaurant space in two blocks located between London’s Regent Street and Haymarket. The project forms part of the Crown Estate’s ten-year investment strategy for St James’s and will transform a run-down back street service yard and taxi ‘rat-run’ with: “a fantastic new amenity for St James’s, revitalising half and acre of public realm and creating a new 10,000 ft² pedestrian square for world-class business, shopping and dining.” More →

May 17, 2013

Colliers uses Bucharest HQ to showcase office design for Generation Y

by Sara Bean • Architecture, Company news, Workplace design

The Bucharest office of property consultancy Colliers International has been revamped to showcase an office design model that the company claims will meet the needs of the next generation of employees. Colliers has worked with architecture studio Prographic and drawn on its own studies of Generation Y and their needs to create the space. According to the firm, the prototype office will incorporate the newest technology, the latest thinking on workplace design and space planning and set new standards in sustainability. As well as Prographic, Colliers International worked with suppliers including ASUS, Techo, Bene, Bittnet Systems and Saint-Gobain to create its vision.

May 9, 2013

Large organisations are unprepared for new generation of executives

by Mark Eltringham • Knowledge, News, Workplace

It’s not just Manchester United who need to worry about the succession process following the departure of an aging white male. According to a new report from Cass Business School and recruitment consultants Ogders Berndtson, firms are largely unprepared for the changes in business practice that will come as their babyboomer executives are supplanted by their Generation X and Y descendants. The report – After The Baby Boomers – argues that over half of organisations are unprepared for the changes. The report interviewed executives from 100 large organisations, making it most relevant for the sorts of blue-chip firms who are led primarily by 50-something accountants in the first place.

May 1, 2013

Video: “sitting is the smoking of our generation”

by Mark Eltringham • Comment, Workplace, Workplace design

[embedplusvideo height=”151″ width=”220″ standard=”https://www.youtube.com/v/iE9HMudybyc?fs=1″ vars=”ytid=iE9HMudybyc&width=220&height=151&start=&stop=&rs=w&hd=0&autoplay=0&react=1&chapters=&notes=” id=”ep7092″ /]

In which a businesswoman rejoicing in the name Nilofer Merchant argues that one of the major causes of ill health in the world today is our sedentary lifestyle, and suggests a small idea that just might have a big impact on your life and health: Next time you have a one-on-one meeting, make it into a “walking meeting”. She is arguing the increasingly well established principle that good ergonomics is not about posture but about movement. This point has been argued before on Office Insight, including here, but the point cannot be made often enough. It’s true that the best chair designs encourage movement for those times when we cannot avoid sitting but, as ever, this is as much an issue of management as it is design.

April 19, 2013

Flexibility not finance motivates Generation Y workers

by Sara Bean • Knowledge, News, Workplace

Millennial or Generation Y workers are not the bunch of entitled youths we’ve been led to believe. Those born between 1980 and 1995 say they would choose workplace flexibility, work/life balance and the opportunity for overseas assignments over financial rewards. PwC’s NexGen survey reveals that millennials view work as a thing rather than a place that requires a traditional nine to five routine, so are more likely to stay in a job if they feel supported and appreciated, are part of a cohesive team and have greater flexibility over where and how much they work. This contrasts with the non-millennial generation, who place greater importance on pay and development opportunities.

March 11, 2013

Employers managing multigenerations of staff “in the dark”

by Sara Bean • Knowledge, News, Workplace

GRiD age research

The latest example from a plethora of surveys is published today to add more fuel to the suspicion that “Generation Y NOT ME?” either needs slapping down or is being grossly misrepresented. “The Workplace Revolution”, by recruiter Adecco Group reports that half of those aged 34 and under – Generation Y – (47 per cent) want a promotion every two years, compared to just a fifth (22 per cent) of UK workers as a whole. But the report also warns that employers that fail to engage, motivate and retain their best employees across all ages risk damaging productivity and competitiveness.

March 4, 2013

Liverpool and London regeneration projects get green light

by Mark Eltringham • News, Property

Liverpool Waters

Two huge regeneration projects, one in Liverpool and one in London, have been approved today. The Community Secretary Eric Pickles gave the uncontested go-ahead for the £5.5 billion Liverpool Waters scheme at the same time as London Mayor Boris Johnson green lit the £1.5 billion regeneration of the 23 acre Heygate Estate in Elephant and Castle, South London. Both will provide a much need fillip to the UK’s moribund construction sector, creating thousands of new jobs as well as thousands of new homes, offices, shops, restaurants and other buildings in rundown areas of the two cities.