Search Results for: Gen Z

Global salaries will rise to highest levels for three years in 2016

Global salaries will rise to highest levels for three years in 2016 0

Global payWorkers around the world will see real wage increases of 2.5 percent, the highest in three years in 2016, as pay increases combined with historically low inflation leave employees better off. The forecast issued by Korn Ferry Hay Group found that workers across Europe are set to see an average salary increase of 2.8 percent in 2016 and, with inflation at 0.5 percent, will see real wages rise by 2.3 percent. While salary rises will stay at 2.5 percent in the UK (the same as the last two years), low inflation means that real wages are to increase by 2.3 percent in 2016 – above the Western European average. In Asia, salaries are forecast to increase by 6.4 percent – with real wages expected to rise by 4.2 percent – the highest globally. In the United States, with low inflation (0.3 percent), employees will experience real income growth of 2.7 percent.

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When performance management really can produce positive results

When performance management really can produce positive results 0

Performance management examplesPerformance management processes have come under regular fire for being ineffective, time consuming, and quite frankly not fit for purpose. And it’s no surprise to discover exactly why employers are so justifiably disappointed in outdated performance management processes. Recent research from Towers Watson demonstrated that only 36 percent of companies consider their performance management process to be valuable, and some companies have even decided to scrap performance management altogether. While many of us don’t disagree that as a whole performance management processes aren’t producing the results that they should be, that doesn’t mean companies should be eliminating performance management from their organisation altogether. Instead, companies need to take steps to find a performance management process that gets positive results.

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Australia needs to do more to tackle the problems of mental health at work

Australia needs to do more to tackle the problems of mental health at work 0

Mental health and workOne in five Australians suffer from a mental health  disorder and employers need to do more to tackle the related issues. That is the central claim made in a new OECD report called Mental Health and Work: Australia. The study claims that mental health issues cost the Australian economy AUD 28.6 billion per year, equivalent to 2.2 percent of GDP. Adding indirect costs, such as productivity loss or sickness absence, nearly doubles that amount. The report is the ninth in a series of reports looking at how education, health, social and labour market policy challenges identified in a 2012 report called Sick on the Job? Myths and Realities about Mental Health and Work are being tackled in OECD countries. The report suggest that while Australia’s recent mental health reform is an important and helpful development, the country ‘needs to do more to help people with mild to moderate mental health issues at and into work’.

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Boardroom now more likely to view offices as strategic asset, claims report

Boardroom now more likely to view offices as strategic asset, claims report 0

Office designA new research paper claims to reveal changes in the way that UK companies now perceive and evaluate their commercial property portfolios – both as a physical workplace and as a strategic asset that can help them to meet corporate goals. The report, entitled Redefining Commercial Property Performance – The alignment of property and workplace with corporate objectives was written by Insight’s own Sara Bean and was commissioned by managed office solutions provider Portal. As part of the research, interviews were conducted with property professionals, workplace consultants and occupiers including RICS, Leesman UK, TD Wealth International, TSK Group, Cushman & Wakefield and Sheffield Hallam University. The findings of the paper claim to reveal the growing importance of measuring the performance and return from commercial office space and the necessity to more closely align property with corporate goals.

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Glassdoor announces lists of the best places to work for 2016

Glassdoor announces lists of the best places to work for 2016 0

expedia_3077041kJob site Glassdoor has announced the winners of its annual Employees’ Choice Awards, honouring the best places to work across Europe and North America. The Awards are based on the input of employees who provide anonymous feedback by completing a company review about their job, work environment and employer. This year, Glassdoor has expanded the awards programme to include six categories, highlighting the Best Places to Work across the UK, France, Germany, US and Canada. This is the second time Glassdoor has identified the best places to work in the UK and the first time in both France and Germany. Winners are ranked based on their overall rating achieved during the past year based on a five point scale. According to Glassdoor, the top five UK Best Places to Work in 2016 are, in order: Expedia (average 4.4 rating), Hays Plc (4.4 rating), AKQA (4.2 rating), GE (4.2 rating), Schuh (4.1 rating).

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Offices and smart cities will drive uptake of the Internet of Things, claims report

Offices and smart cities will drive uptake of the Internet of Things, claims report 0

Internet of Things in BusinessA new report from analysts Gartner claims that the roll out of the Internet of Things will be driven by innovation in commercial property and smart cities. The study, Internet of Things — Endpoints and Associated Services, Worldwide, 2015 claims that 1.6 billion connected things will be used by smart cities in 2016, an increase of 39 percent from 2015 (see Table 1). The authors of the report claim that smart commercial buildings, particularly those subject to Building Information Modelling technology will pioneer applications until 2017, after which consumers will become the dominant force as devices migrate to a new generation of smart homes. Commercial real estate benefits greatly from IoT implementation. IoT creates a unified view of facilities management as well as advanced service operations through the collection of data and insights from a multitude of sensors.

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Six human resources costs you might avoid by choosing the right office

Six human resources costs you might avoid by choosing the right office 0

1573_24-04-2015_8503According to a report from Colliers International, the majority of commercial office space in Australia and New Zealand is occupied by government departments and firms working in the business services, finance and insurance sectors. Other than government and the Not for Profit (NFP) sector, a prime motivation for every CEO, business owner and manager is the search for increased profitability. In most instances, a business has three pathways to increasing profitability. The first is through increasing turnover or sales (assuming the cost base remains equitable), the second is through reducing costs, and the third is by improving productivity. I have previously written quite a lot about the relationship between office space and productivity increases, but this article will explore one of the most insidious elements associated with any businesses cost base (including government) and that is staff turnover.

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Linear equations are no longer enough to determine the size of offices

In 2013, the US Census Bureau announced that the official human population of the Earth had exceeded 7 billion for the first time. This provoked people to raise concerns that were couched in Malthusian pessimism. Although people might have assumed we’d left behind this kind of flawed thinking, there is obviously something appealing about the idea that exponential population growth is unsustainable when resources increase only in arithmetical terms. We’ve got a problem but what we should have learned in the two centuries since Thomas Malthus first popularised the idea is that there are complex factors that can influence the resources we need to survive, not least in terms of greater efficiency in the way we produce them. A similar debate is also apparent in the way in which the commercial property market is able to offer the right sort of buildings for modern organisations.

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Two thirds of UK staff will work or check emails over Christmas

Two thirds of UK staff will work or check emails over Christmas 0

Christmas workingA common complaint over the Christmas period is that the vast majority of the population is off from Christmas Eve to after New Year’s Day. In fact a new survey shows that almost two thirds (66 percent) of people in the UK will be working during the festive period, almost 1 in 3 (31 percent) will be working on Christmas Day and 63 percent will check their emails over the period. Although 40 percent of those polled in the survey, which was carried out by retailer Cotton traders, do not have a choice about working over Christmas; of those that do, 46 percent are doing so to earn extra income to fund their Christmas and in the spirit of the season, 39 percent swapped shifts to allow colleagues with a young family to have the day off. Meanwhile, with a clear indication that the Christmas season has begun, advice has been issued by the TUC to staff and employers on how to avoid an embarrassing Christmas party.

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Ambitious commitments made by Green Building Councils at COP21

Ambitious commitments made by Green Building Councils at COP21 0

8 sustainable megatrendsA total of 25 Green Building Councils from around the world have unveiled commitments reduce greenhouse gas emissions and ensure that the building and construction industry plays its part in limiting global warming to 2 degrees. More than 1.25 billion square metres of buildings – almost double the size of Singapore – will be registered, renovated or certified as green building space over the next five years, under ambitious commitments made by Green Building Councils at COP21 in Paris. Green building is one of the most cost-effective solutions to climate change, which generates significant environmental, economic and societal benefits. A new alliance of 16 countries and over 60 organisations, known as the Global Alliance for Buildings and Construction (which includes WorldGBC, its 74 Green Building Councils and their 27,000 member companies) is now committed to help countries meet their Intended Nationally Determined Contributions (INDCs) through green building.

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Groundbreaking office sharing scheme rolled out to over 100 UK councils

Groundbreaking office sharing scheme rolled out to over 100 UK councils 0

Manchester_town_hallOne of the most intriguing and yet least talked about developments in the UK’s workplace design and management scene over the past couple of years has been the roll out of the One Public Sector Estate scheme, which encourages local authorities to share and divest parts of their vast, messy and under-utilised estate. The Cabinet Office, the central government department behind the scheme, claims that the current programme involving 32 local authorities will yield around £129 million in property sales and savings of £77 million in running costs over a period of five years. Now, more than 100 councils are set to join the scheme including several that are set to acquire greater autonomy through the Government’s plans for devolution. The new regions set to sign up to the programme include Greater Manchester, the City of Liverpool, West Midlands and Sheffield as part of 24 new ‘partnerships’.

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Dog-friendly offices more appealing to Millennials than play rooms

Dog-friendly offices more appealing to Millennials than play rooms 0

Dog in officeOnly a third of US workers believe that promotion offers the potential to advance their career with more than a third of all workers and 44 percent of Millennials preferring to jump ship if the right opportunity arises. Addison Group’s second annual generational workplace survey found that regardless of generation, healthcare benefits was most important benefit (70 percent), followed by a high salary (59 percent). However, Millennials would choose one company over another that paid a higher salary if free meals, beverages and snacks (40 percent) and tuition reimbursement (36 percent) were provided. Millennials also rank a dog-friendly office (14 percent) higher than a napping room, concierge services and a play room with ping pong, billiards and video games. They also value the social aspect of the workplace highly, with nearly twice as many (15 percent) marking work-sponsored happy hours as important compared to Baby Boomers (8 percent).

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