Search Results for: Gen Z

January 6, 2016

Third of employees did not feel motivated or engaged at work last year ⁰

by Sara Bean • Flexible working, News, Workplace

Just over a third (34 percent) of UK employees could not name a single occasion that motivated them at work last year, new research claims. The ‘Employee motivation: Who came out on top in 2015?’ report suggests that despite a quarter (24 percent) of staff saying ‘yes’ they felt motivated at work in 2015, nearly half of the UK workforce collectively felt neutral or negative feelings towards their job over the course of the whole year. The survey was commissioned by Red Letter Days for Business, to explore one of the building blocks affecting the low engagement and productivity rates in the UK – employee motivation. It found that 25-34 year olds were the most motivated at work last year, as this age group are likely to be working their way up the career ladder. And unsurprisingly, when asked what would be most likely to motivate them at work, nearly half of respondents, whatever the age, suggested a good work/life balance.

January 5, 2016

UK commuters spend far more on rail fares than other European workers ⁰

by Sara Bean • Flexible working, News, Workplace

At 1.1 percent the New Year rail fare increases are the lowest since 2010, but UK rail commuters still spend up to six times as much of their salaries on rail fares as European passengers, new analysis has revealed. Action for Rail, a campaign by rail unions and the TUC, has compared average earnings with monthly season tickets on similar commuter routes across Europe. The analysis looked at a UK worker on an average salary who is now spending 13 percent of their monthly wages on a £357.90 monthly season ticket from Chelmsford to London. By contrast, the average amount of salary going on a monthly season ticket for a similar journey is just 2 percent in Italy, 3 percent in Spain and 4 percent in Germany. Even in France, which is the closest to the UK for cost, commuters still spend nearly a third (30 percent) less on season tickets than their counterparts in the UK.

January 4, 2016

Workplace bullying, pay, and productivity key workplace trends in 2016 ⁰

by Sara Bean • Facilities management, News, Wellbeing, Workplace

Acas has published its Workplace Trends 2016 report, which identifies workplace bullying, pay, the new trade union bill and productivity as key trends that will have an impact on employment relations in 2016. In this report, thought-leaders discuss leadership, improving productivity, the art of communication, giving voice to a better way of working, encouraging positive behaviours in tackling bullying at work and the psychology of productivity. Writing in the report, Acas Chair Sir Brendan Barber says that productivity is a real concern for the UK economy. He warns if we were able to match the productivity of the US then this would equate to around £21,000 per annum for every household in the UK, making it an issue that will remain high on the agenda in 2016. The report also features commentary from Steve Elliott, Chief Executive of the Chemical Industries Association, Dr Makani Purva, Anti-Bullying Tsar at Hull NHS Trust and Frances O’Grady, General Secretary of the TUC.

December 30, 2015

UK Government opens consultation on its new national digital strategy ⁰

by Neil Franklin • News, Property, Technology

Digital Economy Minister Ed Vaizey has called on members of the public and industry to share their ideas on how the UK’s digital revolution can be taken to the next stage. The announcement of the consultation follows what the Government claims was a successful first stage of its strategy with the creation of digital clusters in East London, centred on Tech City. Five years on, the Government claims that the UK is now truly a ‘Tech Nation’ with more than 70 per cent of digital businesses now based outside of the capital. According to Vaizey, “this revolution has been led by entrepreneurs but supported by Government in creating the right environment for ideas and businesses to flourish. Government is now looking at a new Digital Strategy for the UK for the next five years. It wants the UK to be synonymous with digital – a place where digital technologies transform day-to-day life, the economy and government.”

December 22, 2015

How to compile your own Top Ten list of the World’s Coolest Offices

by Mark Eltringham • Comment, Facilities management, Furniture, Workplace design

The year draws to an end and making a list of what you claim are the world’s coolest offices or making claims about what makes an office cool is a great way of generating some much needed fin de siecle PR. That’s presumably why there are so many features about what constitutes a cool office. You can find them everywhere including in the Telegraph, Fortune, Esquire, Inc and Forbes. Or, like search engine Adzuna, you can openly boast about how much PR you’ve generated with your list and then do it again every year. If you want to tap into this meme, the great thing about it is that you don’t even have to know anything about or even visit the offices you deem cool enough to make your top ten. You can even choose offices from other people’s lists. All you have to do is follow a number of simple and interrelated criteria to come up with a list that is pretty much the same as all the others and say the same things about them.

December 21, 2015

Jobs growth predicted for next year, along with skills shortages ⁰

by Sara Bean • Flexible working, News, Technology, Workplace

More than two fifths (43 percent) of firms will grow their workforce next year, with permanent jobs outstripping temporary roles according to the latest CBI/Accenture Employment Trends Survey. Firms identify skills shortages as the top threat, with over half (52 percent) of respondents citing the development and maintenance of digital skills as having a new urgency. More than half intend giving staff a pay award at or above the RPI rate of inflation, but nervousness remains about the impact of the National Living Wage (NLW). Half (51 percent) of service sector respondents indicate they will raise their prices, 27 percent will employ fewer people and 18 percent will make changes to their reward packages as a result. Multi-skilling employees to improve productivity and the capacity to adapt is now the leading form of flexibility, operated by nearly four in five respondents (79 percent), followed by flexibility over location for work (73 percent).

December 21, 2015

From workplace wellness programmes to a positive workplace culture ⁰

by Mark Eltringham • Comment, Wellbeing, Workplace, Workplace design

Research presented at the recent 2015 Global Wellness Summit (GWS) titled “The Future of Wellness at Work” forecasts that workplace wellness investment will “explode in the next 5 to 10 years”. Results from the research revealed that 87 percent of employees surveyed feel disengaged at work, with 38 percent experiencing excessive pressure and stress. Despite more than half of the employees having access to a structured wellness “programme” only three out of ten actually use it in practice. The generally human resources led workplace wellness programs perform poorly because they don’t always address the issue at hand. They instead choose to focus on health issues experienced outside of work, rather than looking internally at the workplace itself. The design of an office has been proven to have a material impact on the health, wellbeing and productivity of its inhabitants.

December 18, 2015

Demotivating factor in pay gap between boardroom and workforce ⁰

by Sara Bean • News, Workplace

The upward momentum of chief executive pay and reward in the UK’s largest organisations has reached a crisis point. It does not clearly correlate to personal performance or business outcomes and this is having a significant impact on the motivation levels of the wider workforce, according to new research from the CIPD. The view from below: What employees really think about their CEO’s pay packet; found that seven in ten (71 percent) employees believe CEO pay in the UK is ‘too’ or ‘far too’ high and six in ten (59 percent) employees say the high level of CEO pay in the UK demotivates them at work. A second CIPD report, The power and pitfalls of executive reward: A behavioural perspective, goes on to explore some of the factors that have contributed to FTSE 100 CEO pay increasing to 183 times that of the average employee, compared to 47 times in 1998.

December 17, 2015

Redevelopment confirmed for one of Leeds’ most prominent office buildings ⁰

by Sara Bean • Company news, News, Property

Network Rail has agreed a 150-year lease to enable redevelopment of one of Leeds’ largest and most prominent office buildings which sits above Leeds train station. The extension of the ground lease at Bruntwood’s City House in Leeds will facilitate the redevelopment of the 12-storey office building. Bruntwood obtained planning permission earlier this year to undertake an extensive refurbishment of the vacant 121,000 sq ft office building which will feature a roof garden, business lounge and meeting space. Co-working and small suites will be introduced to cater for smaller start-up businesses whilst wings of up to 4,900 sq ft and full floors of 9,630 sq ft will be available for established companies seeking more space. As owners of the freehold Network Rail has worked closely with Bruntwood over the last 12 months to bring forward plans to redevelop the property – with the revenue generated from the lease being reinvested back into the railway.

December 17, 2015

Worldwide BIM market to reach US$11.54 billion by 2022, claims report ⁰

by Neil Franklin • Architecture, Facilities management, News, Property

According to a new market report published by Transparency Market Research Building Information Modelling (BIM) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2022, the global BIM market was worth US$2.76 bn in 2014 and is expected to reach US$11.54 bn by 2022, expanding at a CAGR of 19.1 percent from 2015 to 2022. North America was the largest market for BIM in 2014. Growth in this region is expected to be driven by increases in construction activities and the penetration of cloud-based services for BIM software. BIM is a tool used to visualize the design of buildings in 3D. BIM also helps in attaining estimates of various other factors, such as cost implementation, time requirement, labour requirement, raw material provision, and other key prerequisites in the construction industry. Management of the entire construction lifecycle can be simulated by BIM.

December 16, 2015

Employers failing to exploit positive influence on employee health ⁰

by Sara Bean • News, Wellbeing, Workplace

Three-quarters of UK employers believe they are responsible for positively influencing employee health, yet many do not appear to be doing much to ensure this happens. The annual Benefits and Trends Survey by Aon Employee Benefits found that 75 percent of businesses believe they are responsible for changing employee health and wellbeing behaviours, yet 72 percent still do not currently have a specific budget for it and 38 percent do not use any data or analytics to inform their strategy. It found that only 25 percent of employers have a branded health and wellness programme in place. More encouragingly though, a significant minority (14 percent) said that senior leadership acted as advocates of employee health, while 12 percent had location-based wellness champions. Perhaps because it doesn’t directly impact the bottom line, the most popular health and wellbeing tactic is a flexible approach to working, with 53 percent of employers saying this is offered.

December 15, 2015

Focus on women on boards masks other determinants of female leadership ⁰

by Sara Bean • Comment, Legal news, News, Workplace

High profile initiatives such as Lord Davies’ report are doing their bit to increase gender composition, but according to the latest research, based on current “business as usual” trends, women are unlikely to comprise 30 percent of directorships in publicly held companies until 2027. This is despite the fact that the latest research of companies in the MSCI World Index with strong female leadership generated a Return on Equity of 10.1 percent per year versus 7.4 percent for those without. Although a direct causal link between women directors and better outcomes has yet to be established, many institutional investors are increasingly focused on the gender composition of company boards. Some studies show significant outperformance by companies with women on boards, though no one can show a direct link between the two. Focusing exclusively on the make-up of boards however, can mask other important dimensions of female leadership.