Search Results for: Gen Z

Plans unveiled for £1 billion mixed use scheme in East London

Plans unveiled for £1 billion mixed use scheme in East London 0

Developers Knight Dragon have unveiled the details of a landmark £1 billion project as part of  the Greenwich Peninsula regeneration in East London. Designed by architect and engineering firm Santiago Calatrava, the Peninsula Place development marks the latest shift in London’s shift eastwards. The scheme will total 1.4 million sq ft including a new tube and bus station, theatre, cinema and performance venue, bars, shops and a wellbeing hub. Above this will rise three office towers, apartments and hotels, all connected to the Thames by a new land bridge. The developers claim that Greenwich Peninsula is London’s largest single regeneration project. Over the coming years, the £8.4 billion transformation of the Peninsula will provide 15,720 new homes in seven new neighbourhoods: home to central London’s first major film studio, a new design district, schools, offices, health services and public spaces.

1 in 10 UK workers has already ‘pulled a sickie’ and had a duvet day this year

1 in 10 UK workers has already ‘pulled a sickie’ and had a duvet day this year 0

1 in 10 UK workers has already had a duvet day this yearWe’re only just out of January but new research claims that one in ten employed Britons in the UK has already pulled a sickie from work in 2017. The poll by online travel agency www.sunshine.co.uk also looked into previous bogus sick leave and found that 21 percent of grown adults have had a parent, partner or friend call in sick for them so that they didn’t have to on a past occasion. Respondents answered questions about any time they’d taken off sick from work in the last 12 months, were asked ‘How frequently have you taken sick days from work over the past year?’, the majority (57 percent) said ‘once a month’. 22 percent said ‘hardly ever’ and 16 percent said ‘only once or twice’. Everyone was then asked how many of the sick days they took were false (i.e. they weren’t genuinely unwell when they called in sick). From this, the research suggests approximately 1 in every 4 sick days taken by Britons is a false ‘sickie’.

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One Public Sector Estate programme now includes around three quarters of UK local authorities

One Public Sector Estate programme now includes around three quarters of UK local authorities 0

Public Sector EstateThe UK Government’s groundbreaking One Public Sector Estate (OPE) project now includes around three quarters of the country’s local authorities following the announcement that a further 79 councils will join the programme. One Public Estate is a national programme jointly run by the Cabinet Office Government Property Unit and the Local Government Association (LGA). It supports joint working across central and local government to release land and property and boost economic growth, regeneration and integrated public services. It encourages public sector partners to share buildings, transform services, reduce running costs, and release surplus and under-used land for development. Partnerships joining the programme will receive funding and practical and technical support to unblock barriers and deliver ambitious ‘transformational projects’.

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The Boston Consulting Group: pushing the art and science of workplace design

The Boston Consulting Group: pushing the art and science of workplace design 0

This month, The Boston Consulting Group (BCG) opened its doors to its latest office in what’s been described as the new heart of New York; namely, the up-and-coming Hudson Yards development. Thought leaders from the world of workplace design including a representative from including Workplace Insight were invited to the launch of the new workspace to find out how the world’s leading advisor on business strategy has pushed the art and science of workplace design. BCG, which is consistently ranked near the top of Fortune’s annual Best Companies to Work For survey, worked with an array of experts for input into the design and use of innovative technologies, including Gensler, Humanyze and Unwork. Leesman was brought in to offer a neutral voice when the project was already in motion to validate the design proposal.

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Flexible hours is main reason self-employed are happier than traditional workers

Flexible hours is main reason self-employed are happier than traditional workers 0

Self-employed happier than traditional workers due to flexible workingFlexible working hours and being their own boss makes the UK’s self-employed much happier than those in traditional employment a new survey claims. According to the latest set of findings from the ‘Definitive Study of the Self-Employed,’ commissioned by Intuit QuickBooks, the self-employed generated mean annual revenues of £32,623 (£5,000 more than the average UK salary), despite working 10 hours less per week. Of those who have been a salaried worker, two thirds (66 percent) claim to be financially better off or the same and 65 percent also feel better off in terms of ‘life satisfaction’. When the research considered nuanced reasons for choosing to work for oneself ;control of schedule (77 percent), more flexibility to work to one’s own terms (68 percent) and liking being one’s own boss (65 percent) were leading reasons, with not worrying about workplace politics (47 percent) also regularly referenced.

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UK commercial property continues to bounce back after Brexit, but there’s trouble ahead

UK commercial property continues to bounce back after Brexit, but there’s trouble ahead 0

Demand for commercial property in the UK continues to grow even as the country prepares to leave the European Union, according to the latest quarterly Royal Institution of Chartered Surveyors (RICS) market survey. The report for Q4 2016 suggests that a large proportion of the increase was linked to the attractiveness of UK commercial property for foreign investors. But there are signs of trouble ahead, as the report acknowledges some negative expectations for London commercial property values amid fears the capital will bear the brunt of any Brexit-led departure of firms. Over the fourth quarter, overall investment enquiries were flat in the London office sector. Although the UK market has largely recovered from its post-Brexit slump, London has underperformed the wider market, with some projects being put on hold, property companies cutting rental growth forecasts and rents beginning to stagnate.

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Global workforce fears it won’t adapt fast enough to the digital workplace

Global workforce fears it won’t adapt fast enough to the digital workplace 0

Workers across the globe are excited by the potential for technology to enhance their work lives and create new career opportunities, but over a third (40 percent) fear that they won’t be able to keep up with the rate of change required by digital business, claims a new survey. Across Europe 77 percent of workers acknowledge that disruption and increased competition will require more people with digital skills in order to compete on a global scale; however, the level of encouragement employees believe they are currently receiving to drive change in the workplace varies greatly throughout the world. Only 64 percent of respondents in the US saying they feel empowered by their company culture to lead innovation, whereas 90 percent of employees in Mexico feel their workplaces encourages them to drive change. The BMC study of over 3,200 office workers in 12 countries worldwide found that 88 percent of office workers across the world strongly believe that employers must create an innovative culture to retain staff and enable them to be successful with increasingly digital roles and responsibilities.

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The office of the future should be defined by the age of its inhabitants. But not in the way you think

The office of the future should be defined by the age of its inhabitants. But not in the way you think 0

The office of the future is most commonly seen as the habitat of Millennials. But there are all sorts of flaws in this assumption. Apart from the casual stereotyping of a diverse demographic of people, the most glaring is the fact that the workforce is ageing rather than getting younger, and that most offices must now meet the needs of a wider range of age groups than at any time in their history. A new report from Totaljobs seeks to redress the balance in this regard. It suggests that some of the key features of the office of the future will not be slides and ping pong tables but flexible working areas, quiet spaces, spas and private medical rooms. The study claims that the fixation with Millennials means that a large number of older workers now feel that the design of offices does not meet their needs.

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Just one in five UK workers still take the traditional lunch hour

Just one in five UK workers still take the traditional lunch hour 0

Just one in five UK workers still take the traditional lunch hourOnly one in five workers in the UK still take the traditional lunch hour break; a stark contrast to France, which sees the lunch hour as a key part of the working day, a new survey by commercial property agency Savoystewart.co.uk claims. Digital marketers take the shortest breaks, taking a meagre average of 14-minutes, followed by recruiters and those in telesales. At the opposite end of the spectrum are media & communication professionals, who take almost their whole hour at 55 minutes. Some of the reasons cited for the shorter break were to please the boss, too much work to do, other colleagues don’t take lunch, there’s nowhere to go or one hour is too long. Half of those polled work right through their lunch break, 30 percent will take under 30 minutes off, 52 percent admit to eating over their desk most days and 27 percent deliberately take a shorter break to please their boss. Yet UK legislation actually allows for a 1 hour interrupted 20-minute rest break after working 6 hours+, and those who are under 18 are entitled to 30 minutes if working above 4.5 hours. Some work contracts may even allow for additional breaks alongside lunch, like tea breaks.

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The impact of technology on corporate real estate: A Panglossian future?

The impact of technology on corporate real estate: A Panglossian future? 0

arton233Amos Tversky and Daniel Kahneman introduced the concept of Loss Aversion in 1984, highlighting people’s tendency to strongly prefer avoiding losses to acquiring gains. Most studies suggest that losses are twice as powerful, psychologically, as gains. Lose £100 and we will feel a remorse that easily outweighs winning £100. In a similar fashion we find it very hard to see future positives when confronted with short term loses. We understand easily what we have lost but cannot imagine what there is to be gained. Furthermore, as Frederic Bastiat wrote in an 1850 paper, “That Which is Seen, and That Which is Not Seen”, man has a tendency to “pursue a small present good, which will be followed by a great evil to come, rather than a great good to come, at the risk of a small present evil”. Put these together and it is no wonder that, by and large, the future of work, corporate real estate and the workplace is so widely misunderstood.

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The facts about sit stand work are already lost in the stream of narrative

The facts about sit stand work are already lost in the stream of narrative 0

Toss a sliver of information into the great stream of accepted public narrative and see what happens to it. There it goes, briefly visible on the surface then consumed; part of the stream but no longer to be seen. A perfect example of this is provided by a recent piece of research carried out by the Texas A&M Health Science Center School of Public Health into the effects of standing at work on a small sample of call centre workers. While the results of the study are impressive, notably a 46 percent increase in productivity, by the time the story was reported on Inc.com, the 167 call centre workers had suddenly morphed into ‘everybody’. It should go without saying that the headline ‘Your Productivity Will Increase by 46 percent if You Stand at Your Desk’ does not reflect the conclusions of the original research. The statements by the researchers suggesting that the study is significant with regard to call centre staff but merely indicative of a wider issue go ignored.

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One in five people say the workplace is where they are most unhappy

One in five people say the workplace is where they are most unhappy 0

A new report from the charity Central YMCA claims to highlight the major role employers have to play in supporting the nation’s wellbeing. The report is based on a study of 1,000 UK adults undertaken by the charity which found that being at work is the most common situation in which people feel their happiness is decreased – with a fifth of people stating this. The research also found that finding free time for leisure, family and friends, and socialising was key to achieving good levels of wellbeing.  Respondents stated they feel wellbeing at its highest when on holiday (66 percent), when spending time with family (56 percent), or whilst socialising with friends (49 percent) – signalling the importance of creating a healthy work-life balance.  Despite these stats, recent studies show that the average British worker puts in the equivalent of 38 working days over and above their contracted annual hours.

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