Search Results for: Gen Z

April 13, 2017

Over half of employers report increase in workplace stress and mental ill health ⁰

by Sara Bean • News, Wellbeing, Workplace

More than half (55 percent) of employers have reported an increase in the level of stress and mental health related illnesses at work, according to the annual Benefits and Trends Survey from Aon. The survey claims that while 72 percent of employers believed they had a key role in influencing employee health in 2015, this decreased to 67 percent in 2016. The survey did find that employers have tactics to support health and wellbeing – branded wellness programmes (21 percent) and flexible working (20 percent) being the most popular – but these may be disconnected to what employees and the business actually need. Not surprisingly then, 58 percent would like a better understanding of the impacts of health risks, while 72 percent now use some form of data to drive health and wellbeing strategy. The most popular sources were absence data (57 percent) and employee engagement surveys (45 percent). In addition, the number of employers that have considered managing a known health risk is on the increase – rising to 48 percent from 25 percent in the last two years (42 percent in 2015).

April 13, 2017

Rents start to surge in Australia’s thriving high rise commercial property market ⁰

by Mark Eltringham • News, Property

Australia can justifiably claim to lead the world in thinking about office design and management right now, but it may be coming at a cost as rents surge for high rise office space in its major cities. The cost of renting office space in the skyscrapers of Sydney and Melbourne (pictured) is rising faster than in any other major global city, as a lack of space pushes up rates. The costs of space have yet to hit the heights of tall buildings in cities like Hong Kong, but Knight Frank’s Skyscraper Index claims that the cost of renting space in the upper floors of skyscrapers in Melbourne had risen by 11 per cent to £40.98 per square foot per year in the six months to the end of last year, while those in Sydney had risen 10.1 per cent to £78.39 per sq ft.

April 11, 2017

The world will be completely awash with information by 2025 and firms should adapt soon ⁰

by Mark Eltringham • News, Technology

The amount of data humans and their devices create will rise to 163 zettabytes over the next eight years, according to a new report from data firm Seagate. That is ten times as much as we created last year. As usual, the amount of data described in the report is inconceivable. A linguist called Mark Liberman once estimated that every word ever uttered by human beings would create around 42ZB of stored data. So if I were to make up a fact such as that a printout of 163ZB of data could create a planet the size of Neptune, you’d have to believe it. It’s a lot and it’s rising exponentially, that’s all we need to know. The interesting thing apart from the scale of the storage issue, is that the major source of the increase will be businesses not humans and that by 2025, we will be interacting with an Internet of Things connected device an average of 4,800 times a day.

April 11, 2017

More needs to be done to boost happiness in the workplace, claims study ⁰

by Mark Eltringham • News, Wellbeing, Workplace design

A new report from Office Genie claims to identify the factors that affect the happiness British staff in the workplace. While the average level of workplace happiness for British employees sits at 3.63/5, the study of 2,000 staff claims to have found some serious causes for concern. Junior staff were the least happy in the workforce: they rank at 3.40 on the happiness scale – comparatively, business owners rank at 4.20 – a significant 25 percent higher. Of further concern, according to the report, was the fact employees with mental health issues feel unsupported in the workplace: Over half (51 percent) of such respondents believe their place of work offers inadequate levels of support. Amongst this demographic the most called-for support method is wellness initiatives, with 45 percent of people with mental health issues saying they would be beneficial – well above the overall average.

April 10, 2017

Concerns mount as local government investment in commercial property hit £1.3 bn last year ⁰

by Mark Eltringham • News, Property, Public Sector

Fresh concerns have been raised about the levels of investment by the UK’s local authorities in commercial property. New figures published by CBRE suggest that councils spent around £1.3 billion on commercial property in 2016, most of it borrowed from a Central Government scheme not designed for that purpose. The news is certain to raise alarm across the UK and especially in Westminster. In November of last year, a report from the Public Accounts Committee warned that the increasing scale of commercial activity taken on by local authorities carried a high level of risk and that the council employees and councillors making decisions often lacked the skills and knowledge needed to take on such projects. At that time, the Government put the level of activity at around £1 billion. The fact that this figure is now significantly higher and mostly borrowed money is sure to increase concerns.

April 7, 2017

Flexible working is not a magic bullet for workplace ills ⁰

by Charles Marks • Comment, Flexible working

According to Oxford Dictionaries the word of the year for 2016 is post-truth. This is a slippery little adjective because while some things are pretty much objectively true, the use of post-truth in many contexts is merely a way of shutting down opinion. It’s especially pernicious when it comes to ideas and philosophy because it assumes that the person using it knows what the truth is, yet the world’s sharpest minds can’t always agree on that As the great Ambrose Bierce defied truth in his caustic Devil’s Dictionary: ‘Discovery of truth is the sole purpose of philosophy, which is the most ancient occupation of the human mind and has a fair prospect of existing with increasing activity to the end of time’. And there’s a good reason why in the Bible Pilate’s question ‘What is truth?’ is met with silence.

April 6, 2017

UK productivity is up but the underlying puzzle remains unsolved ⁰

by Mark Eltringham • News, Workplace

The latest productivity data from the Office for National Statistics shows that UK productivity is up, although the accompanying briefing admits that the data ‘provides little sign of an end to the UK’s productivity puzzle’. According to the report, output per hour increased in the final quarter of 2016 at its fastest rate for more than a year. Quarterly growth of 0.4 percent lifted output per hour 1.2 percent higher than a year ago. While the productivity puzzle is a feature of most developed economies, it is particularly intransigent in the UK, which has a significant gap compared to other nations such as Germany, the US and France. This is despite the fact that Britons spend more time working than those in any comparable nation, except the US.

April 6, 2017

Designing space for virtual collaboration in an untethered world ⁰

by David Woolf • Case studies, Premium Content, Technology, Workplace design

Working with colleagues across different geographies and time zones has become the norm since an increasing number of organisations now integrate and seek collaboration at a global level. Interestingly, according to Cisco, 62 percent of workers now regularly collaborate with people in other countries. These globally integrated enterprises (GIE) aim to draw in the best talent from across the world, delivering maximum innovation and efficiency. The rise of global and distributed teams has been further encouraged by the popularity of remote working, with 71 percent of office workers now choosing greater flexibility to work from various locations instead of travelling to the office everyday . And the trend only looks set to gain pace, with 56 percent of senior leaders in large global companies expecting global teams to increase in the next one to three years.

April 5, 2017

Drastic changes needed to workplace laws as age of automation dawns ⁰

by Mark Eltringham • Legal news, News, Technology

The rise of robots and automation in the workplace will lead to drastic changes to laws across the world, a new report suggests. The present wave of automation, driven by artificial intelligence (AI) – the development of computer systems able to perform tasks normally requiring human intelligence – is creating a gap between current legislation and new laws necessary for an emerging workplace reality, states a report published by the International Bar Association Global Employment Institute (IBA GEI). Artificial Intelligence and Robotics and Their Impact on the Workplace focuses on potential future trends in AI, and the likely impact intelligent systems will have on the labour market, companies, employees’ working time, remuneration and the workplace environment.

April 5, 2017

Bumpy ride and slow uptake in first two years of shared parental leave rules ⁰

by Sara Bean • Features, Flexible working, Legal news, Workplace

It is two years since the introduction of Shared Parental Leave (SPL), where couples were given the ability to share leave surrounding the arrival of a new addition to their family; and while sharing leave is seen to have a profound beneficial impact for the family, there are still plenty of barriers. According to research from My Family Care, one of the largest is that there is a sense that it involves a big risk with real concerns around the impact on a father’s career if they were to take more than two or three months off. A second report from the charity Working Families found that despite the initial slow take up of new rights, more than half of fathers would use Shared Parental Leave. However, snapshot figures for the first three months of 2016 showed that 3,000 new parents were taking up the new right. If the maternity leave figure is taken as indicative of the number of couples with new babies at the time the new figures are in line with the bottom of the government’s 2013 estimated take-up range – between two and eight per cent of fathers.

April 4, 2017

Almost half of employees are more stressed at work than they were a year ago ⁰

by Sara Bean • News, Wellbeing, Workplace

Nearly half (46 percent) of employees questioned in a new survey feel more stressed at work than they did a year ago and 17 percent feel their work stress levels are ‘much higher,’ new research has claimed. The data, from Specialists4Protection.co.uk also suggests that 16 percent of people in work claim to have taken medical advice to help them cope with work-related stress, and 13 percent are on medication partly because of this. Just 12 percent say they feel less stressed than they were 12 months ago. The impact of this is not just felt at work. Fifty five percent of those suffering from work related stress say it has adversely affected their sleep, and 19 percent claim it’s contributed towards a decline in their relationship with their partner. Four out of ten (40 percent) say work-related stress means they are not eating properly and 42 percent are doing less exercise.