Search Results for: Gen Z

Third of firms introduce flexible working to cut absenteeism, claims study

Third of firms introduce flexible working to cut absenteeism, claims study 0

long term sickness absenceOver a third of UK employers have introduced flexible working to reduce absenteeism, claims research from insurance industry trade association Group Risk Development (GRiD). Its survey of 501 employers also found that a quarter (25 percent) have seen absence rates improve over the last 12 months, compared to 40 percent last year. One in ten have actually seen rates worsen over the same period and 54 percent of employers say their absence rates have remained the same, which the report’s authors claim suggests a general slow-down or even complacency when it comes to managing absence. The report found that 57 percent of businesses said absence cost them up to 4 percent of payroll, but employers are using a range of initiatives to address this. This includes introducing flexible working (36 percent – up by 4 percent from last year),  return to-work  interviews (28 percent) and disciplinary procedures (17 percent).

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Regional office take up in 2015 is 20 percent above the five year average

Regional office take up in 2015 is 20 percent above the five year average 0

Manchester city centreThe UK’s regional commercial property market has continued to improve on last year’s record levels of occupational take-up, with 9.6 million sq ft transacted in the Big Nine city centre and out-of-town markets during 2015, 20 percent above the five year average. According to Bilfinger GVA’s quarterly review of the regional office occupier markets this is the fourth consecutive annual increase in take-up and compares to an average of 6.6 million sq ft during the downturn years of 2009 to 2012. Take-up over the year was well above average in Birmingham and Manchester in both the city centre and out-of-town markets. Other markets where activity was well above average include Cardiff and Leeds city centres and the suburbs of Glasgow and Edinburgh. Fourth quarter take-up was dominated by above average activity in most city centres and a number of large deals in Edinburgh out-of-town.

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Fourth industrial revolution will result in five million job losses by 2020

Fourth industrial revolution will result in five million job losses by 2020 0

Worktech 2015

Disruptive global employment trends, including flexible working, the rise of robots, other forms of automation and Big Data analytics will see over five million jobs disappear worldwide over the next four years, a new report claims. The World Economic Forum’s Future of Jobs report has calculated that current disruptive labour market trends, including improvements in artificial intelligence, cloud technology, the Internet of Things and flexible working arrangements, could lead to a net employment loss of more than 5.1m jobs in the 15 countries surveyed. The report estimated that new trends would result in a total loss of 7.1m jobs – two thirds of which are concentrated in the office and administrative functions – and a total gain of 2m jobs. The WEF surveyed those who it felt were best placed to observe the dynamics of workforces including heads of HR departments and CEOs in 15 developed and emerging economies.

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Skilled migrants attracted to regional and city work hubs, not countries

Skilled migrants attracted to regional and city work hubs, not countries 0

dubai-commercial-market-outlook-winter-2015-2016-carouselHighly-skilled migrants are increasingly attracted to cities and regions rather than countries, the latest Global Talent Competitiveness Index has revealed. Silicon Valley, Dublin, Helsinki-Espoo, Dubai [pictured] and London are the real hubs, rather than the United States, Ireland, Finland, the United Arab Emirates or the United Kingdom. The index, produced by Adecco Group, INSEAD and the Human Capital Leadership Institute, ranks the factors driving the international movement of skilled migrants of 109 countries, covering 87 percent of the global population and 97 percent of global GDP. Switzerland is in top place, followed by Singapore and Luxembourg in second and third place. At seventh place, the UK is ahead of Germany and France, but behind top performers such as the United States and Canada. It also trails behind in terms of gender diversity; ranking 56th for female graduates and 71st for the gender earnings gap.

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Firms demanding more data about workplaces…and they’re about to get it

Firms demanding more data about workplaces…and they’re about to get it 0

Carbon-databaseCompanies are increasingly focussed on generating workplace data as they seek to make better decisions about the ways their real estate supports their key organisational objectives. That is one of the key findings of the latest European Occupier Survey from property consultants CBRE (login required). The good news (or bad news, depending on your point of view) is they’re about to get it in spades, according to another study from researchers International Data Corporation which found that there will be a huge surge in the availability of Big Data infrastructure in EMEA countries over the next four years. The acquisition of data about buildings and their inhabitants remains a troublesome issue, especially when executives do things like introduce sensors to monitor working patterns of employees without their knowledge, as  bosses at The Telegraph found in a very public way recently.

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Prying employers + Workplace terminology + Smart workplaces

Prying employers + Workplace terminology + Smart workplaces 0

Insight_twitter_logo_2In this week’s Insight newsletter; Simon Heath updates his continually expanding lexicon of regrettable workplace terminology; Mark Eltringham argues the facts on employee monitoring are somewhat different to the headlines; and Kati Barklund explains why the workplace should be used as a strategic tool to support work and cooperation. A significant minority of managers are impeding gender equality; more evidence on the role of workplace design in engagement; and warnings that senior staff are being pushed out of the workforce. European office take-up will rise by 10 percent in 2016; there’s been a fall in PC shipments and nearly one in four US worker freelances in some capacity. Download the latest issue of Work&Place and access an Insight Briefing produced in partnership with Connection, which looks at agile working in the public sector. Visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

New report links workplace design with greater employee engagement

New report links workplace design with greater employee engagement 0

Workplace designA new analysis by real estate consultancy JLL links more intelligent and agile workplace design with the ongoing and often elusive quest to better engage employees. The report sets out to identify the impact that disengagement has on both organisations and the economy, identifies problem areas and sets out a number of suggested solution. The authors make the startling claim that active disengagement costs the US economy somewhere between $450 billion and $550 billion each year. Conversely, based on an analysis of 207 organisations over an 11 year period, other research  suggests that companies who actively develop their culture and engage staff return 516 percent higher revenues and 755 percent higher profits. The report also claims that firms who get things right are better at attracting and retaining talent, standing out from their competitors and meeting their strategic objectives through employee engagement.

Three quarters of Millennials will change jobs over the next five years

Three quarters of Millennials will change jobs over the next five years 0

Third of Millennials more engaged by contributing to company vision than a high salaryIt must be the time of year but we are suddenly awash with surveys and reports suggesting that pretty much everybody in the UK is about to change their jobs. Following our report earlier in the week that suggests older workers are perfectly prepared to just give up on work completely, it was inevitable that we were about to hear something from those pesky Millennials. Sure enough, along comes a report from Deloitte that suggests that nearly three quarters of Millennials plans to leave their jobs over the next five years. Millennials and their employers: Can this relationship be saved? found that the UK has a higher than average percentage of Millennials planning to change jobs in the next five years, with the average in developed economies standing at 61 percent. Worldwide, forty-four percent of Millennials say, if given the choice, they expect to leave their current employers in the next two years.

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Worldwide PC sales fell steeply during last quarter of 2015, claims report

Worldwide PC sales fell steeply during last quarter of 2015, claims report 0

PC sales

Worldwide PC shipments totalled 75.7 million units in the fourth quarter of 2015, an 8.3 percent decline from the fourth quarter of 2014, according to preliminary results by tech market analysts Gartner. Over the year, PC shipments totalled 288.7 million units, an 8 percent decline from 2014. “The fourth quarter of 2015 marked the fifth consecutive quarter of worldwide PC shipment decline,” said Mikako Kitagawa, principal analyst at Gartner. “Holiday sales did not boost the overall PC shipments, hinting at changes to consumers’ PC purchase behaviour. On the business side, Windows 10 generally received positive reviews, but as expected, Windows 10 migration was minor in the fourth quarter as many organizations were just starting their testing period. All regions registered a decrease in shipments. Collectively EMEA, Japan and Latin America saw their markets reduced by nearly 10 percent in 2015.”

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UK workforce is on the brink of a mass exodus of senior staff

UK workforce is on the brink of a mass exodus of senior staff 0

RetireDespite government warnings of a looming skills shortage there remains a strong societal pressure for older workers to leave the workforce at state pension age. In a poll of 2,001 British adults by Randstad, three quarters of respondents report feeling this pressure, with 32 percent of respondents saying the pressure is ‘significant’. Only one in six workers (17 percent) feel there is no pressure. More than a third of workers (35 percent) plan to retire early as they feel “like they won’t be wanted in the workforce when older” – and a small but significant proportion of workers (7 percent) plan to retire early because they are worried about age discrimination. Keeping older workers says the report, requires initiatives like increasing the availability of flexible working and rolling-out phased retirement programmes, as well as a wider effort to publicise these efforts and change the attitudes of older workers.

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A cynic’s field guide to workplace terminology, part three

A cynic’s field guide to workplace terminology, part three 0

consultA New Year and a new chance for some people to heap more fresh corporate bullshit onto the already steaming pile. No matter how often writers like the ever excellent Lucy Kellaway mock and deride the propensity of people in organisations to apply cliches and nonsense in lieu of thought and imagination, we have to face an annual fresh tide of drivel and lazy thinking. So predictable is this yearly onslaught, that it appears to now be a subject for trendspotters, as a recent feature in The Telegraph highlighted. Of course, this is just general corporate speak and does not even begin to scratch the surface of what we have to endure in the more parochial world of workplace design and management. Which is why I have produced the latest update to my continually expanding lexicon of regrettable workplace terminology.  You can read parts one and two here and here.

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Cranes dot Birmingham skyline as city hits 13 year development high

Cranes dot Birmingham skyline as city hits 13 year development high 0

Beorma Quarter BirminghamBirmingham’s development upturn looks set to continue this year, as the latest Deloitte Birmingham Crane Survey shows office construction at the highest level for 13 years. The report also showcases the significant increase in hotel, leisure and retail developments in the city, reflecting both the rise in investor interest in regional cities and the year-on-year growth of visitor numbers attracted to the UK’s second city. The report, first launched by the Deloitte Real Estate team in the Midlands in 2000, shows 969,000 sq ft of office space under construction, with hotel construction three times higher than the 10 year average. Office take-up has shown a particular resurgence. Q1 to Q3 of 2015 reached 732,000 sq ft, its highest level since 2008. The Colmore Row district remains very attractive to investors, whilst more peripheral locations have become more established and are generating serious interest.

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