Search Results for: Gen Z

Office property sector leads global real estate market in sustainability

Office property sector leads global real estate market in sustainability 0

global-sustainabilityThe global real estate market is showing signs of improvement across all areas of environmental, social and governance performance (ESG) including a 1.2 percent reduction in energy consumption, 2 percent reduction in GHG emissions and close to 1 percent reduction in water use. It is also placing greater focus on occupant health and well-being. This is according to the latest data compiled by GRESB, a benchmarking organisation for real estate companies and funds which evaluates sustainability practices in the global real estate sector. In the results for the 2016 GRESB Real Estate, Developer and Debt assessments, which analyses the sustainability performance of more than 1,100 real estate portfolios of both private equity and listed companies, Australian entities outperformed all other regions with an average score of 74, which is 14 points above the global average; and office companies and funds outperformed other property types with an average score of 66.

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Working from home just as unproductive and frustrating as working in an office

Working from home just as unproductive and frustrating as working in an office 0

working from homeIt’s always good to see academic research supporting ideas that would appear pretty obvious but go against a widely accepted narrative. So we should all welcome the results of a new study from researchers at the London School of Economics and Political Science, which found that the perceived benefits of working from home disappear over time for both employees and organisations when homeworking is a full-time arrangement. The report concludes that while previous studies have demonstrated how home workers are more productive than office-based workers, the LSE study of more than 500 employees shows that on a long term basis, there are no differences between home and office workers. The reason, according to Dr Esther Canonico from LSE’s Department of Management, the lead author of the report, is that employees no longer see home working as a discretionary benefit or a privilege when it becomes the norm in an organisation.

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Two thirds of US gig economy workers would choose not to repeat the experience

Two thirds of US gig economy workers would choose not to repeat the experience 0

gig economyWhile the number of independent workers in the US gig economy is expected to grow to 54 million people by 2020 and some 40 percent of workers have already experienced it according to MBO Partners: State of Independence in America 2016, a new online poll by Deloitte of nearly 4,000 workers found that 67 percent of those who have worked as an independent contractor would choose not to do so again in future. Additionally, more than 60 percent of employed workers said that their stability would suffer if they moved to independent contract work, and 42 percent worry about sacrificing good compensation and benefits. Four-in-ten respondents (41 percent) recognise that independent contracting offers more flexibility to work where, when, and how they want to as compared to full-time employment. However, respondents cite inconsistent cash flow and lack of employer-paid benefits as drawbacks that discourage them from pursuing independent work.

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British workers miss fewer days at work than those in rest of Europe

British workers miss fewer days at work than those in rest of Europe 0

Clocking inAyming, a business performance consultancy, has released its 8th absenteeism barometer, analysing workplace absenteeism and employee engagement across Europe. The research claims that UK workers missed fewer days at work last year than anywhere else in Europe, with 84 percent of workers at work each day. That compared to 72 percent in the rest of Europe, including 71 percent in France. By gender, the proportion of women in the UK who were at work every day was 88 percent surpassing that of men (83 percent). Employees aged 26-30 had the lowest attendance record – only 71 percent missed no days at work – while employees aged 51-62 had an attendance record of 92 percent.Despite the fact that UK workers took less time off work, British workers had the smallest proportion of happy and motivated employees, at just 23 percent. By contrast, 46 percent of German and 54 percent of Dutch employees regarded themselves as both happy and motivated.

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Majority of Londoners support greater restrictions on new tall buildings

Majority of Londoners support greater restrictions on new tall buildings 0

walkie-talkie-tower-bridgeMost Londoners think tall buildings should only be built in areas like the City and Canary Wharf, and that there should be limits on how high they can be, according to an IPSOS Mori survey carried out on behalf of the Skyline Campaign. The findings come after Westminster Council controversially gave the green light for a 30 storey tower to be built in Paddington, and show stark differences in the views of Londoners in the inner and outer boroughs about how this new generation of tall buildings is affecting the Capital. The survey of more than 500 Londoners finds almost half (49 percent) of residents of inner London boroughs think that the 270 tall buildings planned, proposed, or under construction in London is too many. This contrasts with 34 percent of people in outer boroughs who say the same. Latest data released after the research was conducted indicates more than 400 new tall buildings are planned, proposed or under construction.

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Mothers with young children a third less likely to be in work than fathers

Mothers with young children a third less likely to be in work than fathers 0

working motherThe growing body of evidence highlighting the challenges faced by working mothers has been broadened with the publication of a new report from the TUC which claims that mothers with young children are a third less likely to be in work than fathers. The TUC found that on average just 64 percent of mothers with children aged 0-4 are in paid work, compared to 93 percent of fathers. The analysis claims that the age of a woman’s youngest child has an influence on whether or not she works. The employment rate for mums increases by 11 percent to 75 percent for women with children at primary school (aged 5-10) and by 17 percent to 81 percent for mothers with secondary school age children (11+). For dads of pre-school children, employment rates are above 90 percent. This suggests that mothers’ work decisions are affected by regional variations in the availability and cost of childcare, transport and housing, and access to good quality flexible and part-time jobs.

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Electrosensitivity and the question of whether WiFi may be making us ill

Electrosensitivity and the question of whether WiFi may be making us ill 0

WiFi-Stand-6Electrosensitivity is a particularly 21st century disease. Also known as electromagnetic hypersensitivity (EHS) or Idiopathic Environmental Intolerance (IEI), it is a condition that is said to arise as a result of exposure to the low-level electromagnetic fields that now surround us, such as those that emanate from mobile and wireless technology, power lines and fluorescent and low-energy lighting. According to the Wireless Protection Organisation, symptoms of electrosensitivity can be far reaching, affecting us physically, cognitively and emotionally. Specific signs and symptoms may include: fatigue, faintness and sleep problems; headache, eye pain and visual disturbances, earache, tinnitus, toothache; skin irritation, tingling and burning; chest pain and irregular heart beat; aches, pains and numbness in joints, bones and muscles in arms and legs; lack of concentration, memory loss; and tress and irritability and depression

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Younger people less keen on recycling at work, especially coffee cups

Younger people less keen on recycling at work, especially coffee cups 0

recycled coffee cupThe younger generation have a reputation for being pretty keen on addressing environmental issues, but new data alleges they’re not as open to changing their behaviours. There’s actually a clear generational gap when it comes to attitudes towards recycling at work and it’s the older generation who make more effort, a new survey suggests. It claims that younger  people are around 16 percent less likely to recycle at work with just 64 percent of people aged 18-24 prepared to adhere to their employers’ recycling policies. One particular cause of concern is the fact that 2.5 billion coffee cups are thrown away each year, leading the Liberal Democrats to recently call for action to be taken to address the fact that only one in 400 cups are recycled. The survey, which was carried out by commercial waste recycling services provider Direct365, claims that 72 percent of people do actually recycle items at work overall.

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New report sets out four key challenges for the workforce of the future

New report sets out four key challenges for the workforce of the future 0

Future of WorkA new report from The Future Laboratory and UBS Wealth Management claims to identify the key factors that will drive workplace change in the near future. According to The Future of the Workforce report, the next two decades will see the way we work completely reshaped by forces such as artificial intelligence and an increasingly multigenerational workforce. The report claims that the entry of more Millennials into the workplace, their differing values to older workers, a growing propensity to turn freelance and the dissolution of the old bonds of loyalty could mean that employers struggle to create a strong culture. The report also claims that there will be a growing emphasis on the provision of wellness programmes, driven partly by growing demand from employees as well as a greater focus on improving productivity from employers. It also suggests that employers need to act to remove any biases they may have to appeal to the values of the new generation of workers.

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Open and honest communication boosts staff engagement levels

Open and honest communication boosts staff engagement levels 0

staff engagementEmployees who feel communication within their organisation is open and honest are nearly 15 times more likely to be engaged, and those who are encouraged to share ideas and opinions are 11 times more likely, claims a survey which suggests that staff want a more human experience, grounded in loyalty, recognition, respect, and honesty. Areas viewed as the best opportunities to differentiate in terms of staff engagement include above-average pay and benefits, a fun place to work, workplace flexibility, a strong fit with individual values, stimulating work, and a spirit of innovation. But according to results of the survey from Aon Hewitt what employees want in a workplace is not what they experience. And these gaps are having an impact on employees’ intent to stay. Of the 52 percent who would leave their current company for another job, 44 percent are actively looking. Opinions about what makes an employer stand out from other companies are similar across generations.

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Addressing the five negative influences on organisational culture

Addressing the five negative influences on organisational culture 0

Organisational cultureOrganisational culture should represent a clear vision from a firm about its very nature and identity as well as its values. A culture one that everybody within the organisation should understand and share. But this is not always the case as a growing number of firms are discovering to their cost. According to a paper published last year by Deloitte University Press, only 12 percent of employees believe their company is effective at driving their desired culture. Another study from employee feedback software provider Stackhands, around two thirds of people (64 percent) feel they do not have a strong work culture within their organisation. Even so, whether people are aware of it or not, their company has its own culture. Without direction and positive influences, negative factors can take hold, shaping culture in a way that can become harmful for a business. These elements can hinder your company’s development of an effective culture:

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Overwork leads to sleeplessness and lower workplace productivity

Overwork leads to sleeplessness and lower workplace productivity 0

Sick at workA new study claims that there is a direct link between sleep and productivity. A survey of more than 97,000 employees in 33 industries and 139 countries from Global Corporate Challenge (GCC), found evidence of a link between sleep and performance. Currently, one in three adults regularly fail to get enough sleep, according to the US’ Centers for Disease Control and Prevention (CDC); and Harvard Medical School estimates that the cost adds up to USD $63.2 billion annually. This includes money lost through absenteeism as well as the accidents, mistakes, and impaired productivity employees suffer when they do show up to work. And the one of the primary causes is working long hours and forms of presenteeism such as checking emails at home. To help combat this problem the report urges those at the top of the organisation to set an example and demonstrate that working long hours in exchange for reduced sleep is counterproductive and won’t be encouraged.

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