Search Results for: Gen Z

September 27, 2013

Balfour Beatty appointed main contractor for St James’s Market scheme

by Sara Bean • Company news, News, Property

The Crown Estate and Oxford Properties have announced the completion of a joint venture agreement to finance the £320 million St James’s Market scheme around London’s Regent Street area. Balfour Beatty has been appointed as the main contractor, with work due to start on site in the next month. The St James’s Market scheme is set to deliver 210,000 ft² of office and 50,000 ft² of retail and restaurant space. Bob Clark, Managing Director of Balfour Beatty’s Major Projects division said: “As a global infrastructure group we will be bringing our experience in delivering high end commercial properties to the scheme and utilising our investment in 4D information modelling technology and modular construction capability to ensure perfect delivery.”

September 27, 2013

What’s wrong with adopting a more positive approach to work and workplaces?

by Mark Eltringham • Comment, Facilities management, Public Sector, Workplace, Workplace design

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Has there ever been a UK government more interested in the workplace than this one? Most of it has been about cutting costs of course, so the majority of announcements emanating from the Cabinet Office have been about procurement, design and environmental performance. David Cameron even at one point announced that he wanted to measure people’s happiness. The questions needed to work out how happy we are proposed by the Office for National Statistics as a result would have had a very familiar feel for anybody who has ever completed a workplace satisfaction survey even if they miss the most blindingly obvious point that when you’re skint and in mortal fear of losing your job, most other things about work lose their lustre.

September 24, 2013

EU leads the world in representation of women on corporate boards

by Sara Bean • Legal news, News, Workplace

Equal rights legislation is largely seen as the best means of ensuring a more diverse workforce. However, when it comes to reaching the higher echelons of corporate life, opinion is divided on whether imposing mandatory quotas could do more harm than good in promoting gender equality. 2013 saw the highest change recorded to date in the average number of women on the boards of large EU corporations – due in part to the introduction of mandatory quotas. Although the third edition of “Breaking the Glass Ceiling: Women in the Boardroom,” from global law firm Paul Hastings LLP, found strong consensus in many countries to support women candidates, the debate over the best approach to increase representation continues. More →

September 23, 2013

Employee engagement among younger workers is on the increase

by Sara Bean • News, Workplace

A staggering 92 per cent of Generation Y workers believe their role directly contributes to their organisation’s success. According to a poll of 1,120 UK office workers by recruitment solutions provider hyphen, younger workers in the UK feel more empowered and positive than ever about their workplace. Nearly two thirds (62.9%) of those aged 25-34 are proud to work for their current organisation and 81.8 per cent believe their colleagues and managers seek their opinion and listen to their views, up 16 per cent from March 2013. While the attitudes among younger workers are positive, the research suggests that older workers are feeling less optimistic – 15.9 per cent said they were not proud to work in their organisation – up nearly 8 per cent from March 2013. More →

September 19, 2013

Plans for a new high rise office development in City of London unveiled

by Sara Bean • Architecture, News, Property

DBOX for Henderson Global Investors and MAKE

Plans for a new high rise office development in the City of London have been unveiled by Henderson Global Investors. Designed by Make architectural practice, the high buildings at 40 Leadenhall Street, EC3 will vary in height between 7 and 34 office storeys, with two additional basement levels, a roof level plant, and café and restaurant uses at ground floor level. The total size of the building is 910,000 sq ft, split between 890,000 sq ft office and c. 20,000 sq ft retail. A grade II listed building at 19-21 Billiter Street, built in 1865, will be restored and integrated in the proposed scheme, which it is estimated will create 390 construction jobs, with around 7,000 people expected to work in the completed building. More →

September 17, 2013

Businesses report a growing appetite for social media work tools

by Sara Bean • Flexible working, News, Technology

Social media, as politicians and celebrities are all too aware is a double edged sword. Just last week David Cameron read out a Twitter message during Prime Minister’s Questions sent to a Labour MP, who had asked people for suggestions about what to ask at PMQs. The first reply was “how happy are you that the Labour leader will still be in place at the next election?” And Cameron himself has not been exempt to the odd twitter gaffe. Social media is such a powerful tool however, that employers can’t afford to ignore it – so demand for enterprise social networks – business tools that use Facebook-style features to allow staff to interact with one another on work projects are on the increase. More →

September 16, 2013

Value of offices and property rental income across the UK hit two year high

by Mark Eltringham • News, Property

The value of commercial real estate in the UK rose for the fourth consecutive month during August, led by increases in the average value of offices, according to a report from Investment Property Databank (IPD). The average value of offices, warehouses, retail and industrial rose by a 0.4 percent across the country. Office buildings rose by 0.6 percent during the month while total return, which combines changes in real estate values and rental income, was 0.9 percent, to reach the highest level since March 2011. The report claims the upturn is down to the wider economic upturn and persistent low interest rates which incentivise investors to acquire high income generating assets. The report also notes that investors are looking to acquire more property outside of London as the economic recovery spreads across the UK. More →

September 13, 2013

100% Design: Holding a mirror up to the way we design and manage workplaces

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

Hanging Room at 100% Design

If art holds a mirror up to nature, shouldn’t the design of workplace products hold a mirror up to the way we work? By definition, the things with which we surround ourselves should tell us something about the way we see ourselves and what we do. It should be possible to infer from the design of the products suppliers offer to the market what is changing in the workplace. This isn’t always the case, of course, especially for those firms who see design not so much in terms of putting lipstick on a gorilla as telling you that what you’re looking at isn’t in fact a gorilla at all. It’s Scarlett Johansson.

September 13, 2013

UK’s leading political parties criticised for a lack of environmental leadership

by Sara Bean • Environment, News

Britain’s leading political parties are failing to provide visible and consistent green leadership, threatening two decades of steady environmental policy progress in the UK, warns an influential group of charities today. In The Green Standard 2013, seven leading charities, including WWF, the Green Alliance, Greenpeace and Campaign for Better Transport, assess the green performance of coalition ministers and Labour shadow ministers since the last general election, reviewing the parties on four key areas: the economy, communities, nature and international leadership. The report concludes that none of the parties has a coherent environmental programme and there is no consistent public leadership on the environment from any of the party leaders. More →

September 12, 2013

Growing commercial occupier demand set to price firms out of the City fringe

by Sara Bean • Facilities management, News, Property

A “west-to-east” migration, focussing predominantly on Clerkenwell and the western City core, is continuing amongst media and service sector businesses seeking more affordable London rents. But according to Cluttons’ latest West End Office Market report, many firms seeking the combination of value and idiosyncratic space are set to be priced out of the current City fringe. The area between the City and West End – branded Noho by estate agents – is attracting a new wave of private equity and extraction firms, willing to pay premium rents for new or pipeline space just north of Oxford Street. Meanwhile, prime office rents in Mayfair / St James’s have broken through the £100 per sq ft ceiling once again as a handful of tenants continue to favour location over quality. More →

September 12, 2013

When it comes to transparency, most businesses might fail The Peacock Test

by Simon Heath • Comment, Workplace

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The HR profession took a savaging yesterday in a Daily Telegraph article by Louisa Peacock following what many felt to be a disastrous appearance by the BBC’s head of HR, Lucy Adams in front of the Public Accounts Committee. You can see a brutal excerpt above. A thread of sensationalism runs through the Telegraph piece but some good points are made that have broader lessons for the commercial world. There have been acres of coverage generated by the debacle at the Beeb, but there is a real sense of “there but for the grace of God go I” and schadenfreude about much of the commentary and chatter from the business community.