Search Results for: Gen Z

The workplace is not just about the play, but the stage too

The workplace is not just about the play, but the stage too 0

Four-Front-G-Adventures-mattchungphoto-lo-res-2-6-2Why is it that just about every article I read talking about the value of workplace design, almost always ignores the broader context of the building and precinct in which the workplace is located? Similarly, almost all conversations extolling the virtues of remote working, love to predict the extinction of the office and diminish its relevance as an important contributor to the operations of a successful business. Personally, I have yet to find an acceptable substitution for face to face communication. It is just not possible for clear, consistent and unmistakeable communication to occur over email, text, phone or skype. The ability to be able to read someone’s body language, grab a pen and paper to draw a diagram, point to an example, empathise sincerely with a colleague, customer or collaborator’s struggles with complex concepts, is just not possible to do quickly, effectively and efficiently without face to face communication.

More →

Moderate growth for global commercial real estate predicted in 2016

Moderate growth for global commercial real estate predicted in 2016 0

global economyUS and European office markets will tighten further in 2016 as demand for space outpaces a limited number of new developments, according to CBRE Group’s 2016 Global Real Estate Market Outlook. However, the extent of tightening in individual cities will depend strongly on local job growth in major office-using industries. Global prime rents across the three major property types—office, industrial and retail—are expected to grow 2.2 percent on an annual basis, according to estimates from CBRE’s Global Rent Index. The Americas, thanks to the strength of the US property sector, is expected to see commercial real estate rents rise 3.4 percent in 2016, as consumption growth and rising employment, combined with comparatively limited new supply levels, simulates demand. Rents in EMEA are forecast to rise by 3.2 percent thanks to a combination of increased consumer spending, pent-up demand for commercial space and anticipated further monetary easing by the European Central Bank.

More →

Report reveals huge surge in use of flexible working worldwide

Report reveals huge surge in use of flexible working worldwide 0

W-Careers-Flexible-workplace-004Three quarters of companies worldwide have now introduced flexible working to enable employees to vary their hours and work from home or on the move according to one of the largest global surveys of its kind conducted with 8,000 employers and employees across three continents. The Flexible: friend or foe? survey was commissioned by Vodafone and took place between September and October 2015. The countries surveyed were Germany, Hong Kong, India, Italy, Netherlands, Singapore, South Africa, Spain, the UK and the USA. A total of 8,000 employers and employees were interviewed online. The rapid adoption of high-speed mobile data services, fixed-line broadband and cloud services is playing an integral role in this workplace revolution: 61 percent of respondents now use their home broadband service to access work applications and 24 percent use a mobile data connection via their smartphone, tablet or laptop with a broadband dongle.

More →

Career progression stalled by lack of respect for mums who work part-time

Career progression stalled by lack of respect for mums who work part-time 0

flexible working womanA recent UKCES report suggested it is career and personal choices that explain the gender pay gap, because so many women work part time after children. Now a new report supports the view that the dearth of women in senior management roles is a result of a lack of access to promotion for those in a part time role. A survey conducted by Mothers Mean Business, claims that mothers returning to work are frustrated at the lack of  opportunities to further their careers. The survey canvassed the views of women from a wide range of sectors and varying levels of seniority and found that nearly three quarters (71 percent) returned to work part-time after having their children but 83 percent feel there has been a potential or definite limit to their career options, 71 percent haven’t received a promotion since working part-time and 42 percent said they had received negative comments from colleagues after switching to part-time hours.

More →

CIPD joins forces with the UK Government to tackle workplace cyber security

CIPD joins forces with the UK Government to tackle workplace cyber security 0

data theftHuman resources has a key role to play in improving the cyber security of UK workplaces. That is the key challenge addressed by a new joint initiative from the Chartered Institute for Personnel and the Development and the Department of Culture, Media and Sport. Data breaches cost companies up to an average of £1.46 million are often a result of human error and malice, according to the CIPD. The initiative includes a free online course called Cyber Security for HR professionals as part of a wider initiative to promote the importance of cyber security at work, as well as the critical role that HR has to play in ‘mitigating the competency and behavioural risks present in the workplace’. Government figures released last year indicated that the costs associated with the most severe breaches now start at £1.46 million for large businesses, up from £600,000 in 2014, and can reach up to £310,000 for small businesses, up from £115,000.

More →

Embracing the inevitable rise of the robots in the workplace

Embracing the inevitable rise of the robots in the workplace 0

387773-computers-circuit-board-hdWe often have reason these days to speculate on the truth of an idea known as Amara’s Law. First coined by the researcher Roy Amara it states that “we tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run”. But defining what we mean by short and long term can be very difficult when technology is changing so quickly. Nothing better illustrates this than the issue of how automation will transform society and workplaces. For the past few years, the effects have mainly been the subject of academic and scientific research alongside some lurid headlines in the mainstream media. So, a fairly typical 2013 paper from researchers at Oxford University assessed the risk faced by over 700 professions and discovered that nearly half of all jobs in the US could be categorised as at high risk of automation. Less academic studies such as a report published last year by Deloitte draw similar conclusions.

More →

Employers believe Millennials are the most demanding workers

Employers believe Millennials are the most demanding workers 0

Younger workers less tolerant of flexible workers than you would thinkIt seems unfair to brand Millennials difficult, when you consider they are the less experienced generation of workers, but new research suggests they require more hand holding in the workplace. When asked about workers they’ve dealt with, 48 percent of bosses felt that millennials were more reliant on detailed targets and required regular progress meetings in order to stay motivated. However, the majority of bosses (89 percent) agreed that these demands indicated that millennials were highly career driven. Over one third (39 percent) named generation X as the most self-sufficient, as this group required less guidance, with Baby Boomers a close second (34 percent). Millennials were also cited as the generation most incentivised by reward and praise (41 percent), followed by Generation X (26 percent), Baby Boomers (22 percent) and Generation Z (11 percent), while Generation X had the biggest desire for a work life balance (37 percent).

More →

Maturing TMT sector fuels demand for office space in Central London

Maturing TMT sector fuels demand for office space in Central London 0

Canary-Wharf_1-300x199

The Technology, Media and Telecoms (TMT) sector was the largest source of demand for office space in Central London in 2015, for the fifth consecutive year finds the latest Knight Frank London Report, Canary Wharf is set to have the strongest Central London office rental growth in 2016 with an increase of 12.8 percent. This is followed by Shoreditch at 10 percent and Midtown at 9.6 percent.  Affordability is the main driver, along with the development of Crossrail, integrating Canary Wharf with the rest of Central London, and a general shortage of available offices across London pushing tenants seeking high quality affordable offices eastwards. Expansion by TMT firms is contributing to the shift, as they are increasingly seeking larger offices. Shoreditch’s increase in office rents will principally be driven by Tech sector expansion as the more mature, established heavy weight tech firms have firmly established a London rival for California’s ‘Silicon Valley’ in the area.

More →

Government plans to cut size of estate by 75 percent by 2023

Government plans to cut size of estate by 75 percent by 2023 0

Old_War_Office_Building_London_MOD_45137377The UK Government has today published the latest edition of its annual State of the Estate report, which gives an update on plans to consolidate, divest and modernise the central government property portfolio. Minister for the Cabinet Office Matt Hancock claims that the current administration has reduced the size of the estate by 2.4 million sq. m. since 2010. (As is the way of these things, the minister claims this is equivalent to 336football pitches, 43 Shards or more than the entire principality of Monaco. Presumably individual departments measured their own successes in blue whales and double decker buses.)  He claims that this means that the total central government estate has fallen below 5,000 holdings for the first time and could fit inside the area of West Finchley (which is a new measurement on us). The reduction has been achieved by selling property ranging from the historic Old War Office (top) to an old bakery and lighthouse.

More →

HR managers must innovate to stay relevant in the evolving workplace

HR managers must innovate to stay relevant in the evolving workplace 0

HR innovation requiredAs the workplace moves from the traditional 9-5 model, management needs to adapt accordingly. Facilities managers are already being forced to think outside the box, and now human resources and line managers must do the same. The latest CIPD/Workday HR Outlook leaders’ survey spells out the challenge; that new ways of working and operating is an increasing reality for organisations. Yet while there is general agreement about overall strategic priorities it seems to be less clear to the wider business world how HR professionals will contribute to achieving these. Despite nearly three-quarters (72 percent) of HR leaders saying that their current people strategy will help the organisation achieve its future priorities, just a quarter (26 percent) of other business leaders agree. The CIPD recommends that the profession must look at ways in which it can innovate itself in order to stay relevant and more visibly demonstrate its ‘enabling role’ as the workplace evolves.

More →

Flexible working men pay a greater career premium than women

Flexible working men pay a greater career premium than women 0

flexible workThe growing complexities of flexible working and changing gender roles are laid bare yet again in a new report published in Australia by management consultancy Bain & Company and advocate group Chief Executive Women. The report, The Power of Flexibilty, claims that male workers pay a penalty in their careers when they opt for flexible working because they enjoy less support and are more harshly judged than their female counterparts. Many are regarded as anomalies, caught between the expectation that men spend longer hours at work on the one hand, while striving to create a more balanced life, often in a household in which a woman is increasingly likely to be the main breadwinner. The authors of the report claim that men are currently experiencing the same sort of stigmas and biases faced by women in the early days of flexible working, even though both sexes continue to face barriers when opting for flexible work.

More →

Stress is now a fact of life for the vast majority of employees

Stress is now a fact of life for the vast majority of employees 0

stressExcessive stress threatens the wellbeing of employees across the UK and the rest of Europe, with 88 percent of British workers regularly experiencing stress at work, according to research by payroll software firm ADP. Nearly half (43 percent) of UK employees go further to say that stress is a constant factor in their roles and that they feel stressed ‘often’ or ‘very often’. In fact, just 12 percent of employees feel that they never experience workplace stress while 79 percent of UK workers feel that their employer is trying to help them manage stress levels. The report, The Workforce View in Europe 2015/16, surveyed 11,257 working adults across Europe, including 1,500 employees in the UK. It found that many employees now believe flexible working will help them deal with stress and achieve a better work life balance while over three-quarters (79 percent) of UK respondents feel their employer is trying to help them manage stress.

More →