Search Results for: Gen Z

Millennials will stay engaged in the workplace if they feel they are valued

Millennials will stay engaged in the workplace if they feel they are valued 0

Young workersThe “ability to make an impact on the business” matters notably more to millennial employees than their salary and other benefits. According to a new survey from recruitment firm Korn Ferry, income comes in last on their list. The Second Annual Korn Ferry Futurestep Millennial Survey highlights the younger generation’s workplace preferences, including a need for feedback and a willingness to work long hours. In the survey, which asks what will make a millennial choose one job over another, 38 percent said “visibility and buy-in to the mission and vision of the organisation.” The survey also found that consistent feedback is key to managing millennials, with three quarters of respondents saying this generation needs more feedback than other generations. However, only 13 percent of respondents said they offered more feedback sessions to this group, and less than half offered mentorship opportunities.

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Career satisfaction and work-life balance are top employee draws

Career satisfaction and work-life balance are top employee draws 0

CaptureAlthough a competitive salary, company perks and an exceptional office culture may seem enticing to the American workforce, a new study shows there are more important motivational factors. A survey conducted by Kelton Global for Cornerstone OnDemand reveals that career satisfaction and work-life balance are the top reasons American stay at their current jobs (38 percent combined), while nearly three in ten (29 percent) resign due to work overload and lack of healthy work-life balance. Employees said they’d make life-altering decisions and considerable sacrifices in order to find a sense of satisfaction, fulfillment and purpose in their careers. In fact, 89 percent of employees would consider making a lateral career move with no financial incentive for multiple reasons, including to start an entirely new career (41 percent) or take on a professional challenge (40 percent). Additionally, relocating to a different city, state or country is a desirable career move for 77 percent of employees. More →

Graduates value flexible work and innovative office spaces over pay

Graduates value flexible work and innovative office spaces over pay 0

Young workersThere’s been a lot of assumptions and predictions made about Millennials, and the upcoming generation of workers dubbed Gen Z. They’re alternately spoilt with a sense of entitlement or have a zeal for change and strong social conscience. So while there is a danger of stereotyping this diverse group, employers still need to work out the best way to attract and retain the most talented. Today’s graduates have enjoyed much higher quality university accommodation and facilities than previous generations, and the flexibility of the modern day campus is clearly influencing their work choices. Unlike the generation before them, recent graduates place double the importance on flexible work and work-life balance than they do on their earnings to chart their success. A Bright Network study of over 2,000 of the country’s top graduates also found that high priority was placed on a clear path for advancement over and above high earnings.

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War for talent and dwindling supply in London boosts regional office market

War for talent and dwindling supply in London boosts regional office market 0

Minerva in LeedsLondon office supply is at an all-time low according to JLL’s latest research, with around 18 million sq ft of offices required, but less than 7 million sq ft under construction. This is one of the reasons why 2015 saw a surge in pre-leasing activity across the Big 6 regional office markets, comprising Birmingham, Bristol, Leeds, Manchester, Glasgow and Edinburgh, with 850,000 sq ft let across 17 transactions compared with 15 over the five years from 2010-14. The survey shows that rental growth and refurbishment are key themes with refurbishment schemes totalling 800,000 sq ft will be delivered in 2016, with a further 10 new schemes totalling one million sq ft due to start. Greater convergence between HR and real estate also means the war for talent is a factor influencing occupier decision making. CEOs continue to cite a shortage of skills as a concern, as many Gen Z students are expected to leave their first job within a few years.

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Seven essential workplace design trends to keep an eye on during 2016

Seven essential workplace design trends to keep an eye on during 2016 0

Workplace design trendsWhat has become increasingly apparent over recent years is that the office isn’t just a place to work, but also a driver of competitive advantage. We’ve always known this to a greater or lesser extent, but the dynamic and ever shifting nature of the modern world is presenting organisations with new and evolving challenges that they must address with all of the tools at their disposal. At the heart of this complexity is the physical workspace. Its design touches on every aspect of the changing workplace and the objectives organisations set for themselves and their employees. Although it has lots its primacy as the main place of work, you could also argue that the focus on the office’s key strengths makes it more important than ever within the context of overall working cultures. So, with that in mind, here are ten of the most important current trends in workplace design and management we foresee for 2016.

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Best Places to Work + Make the most of each day + Strategic role of offices

Best Places to Work + Make the most of each day + Strategic role of offices 0

Insight_twitter_logo_2In this week’s newsletter; Mark Eltringham on the prescience of philosopher Seneca on a time and a place to work; and a report by Sara Bean finds the boardroom increasingly views office space as a strategic asset. Glassdoor announces the best places to work for 2016; researchers reveal the phenomenon of ‘inattentional deafness’; a new Global Alliance for Buildings and Construction is announced; and Gartner says we’ll be using three technical devices by 2018. Over 100 councils to join an office-sharing scheme; Gen Z will blur the boundaries between home and work, and too much focus on standing in the sit-stand debate. Download the new 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.

Survey reveals UK’s total obsession with technology

Square EyesGen Y may still be grabbing all the headlines but the full scale of the potential technological immersion of Gen Z is evident in the findings of a new report from Halifax Insurance. The Digital Home Index claims that the average child born in the UK today will spend around a quarter of their lives watching non-work related technology before the age of 80. The report also claims that three quarters of British people already claim they would struggle to get through a day without their technology. The full pervasiveness of smartphone, tablet, laptop and MP3 technology in modern British lives is apparent in some of the more jaw-dropping findings from the survey of 2,500 people.

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A third of employers are responding to the Employment Rights Bill by cutting jobs

A third of employers are responding to the Employment Rights Bill by cutting jobs

four in five firms anticipate increased employment costs as a result of the Employment Rights Bill's proposed measures, and nearly a third are planning on reducing headcount as a result.A survey of more than 2,000 employers conducted by the CIPD reveals that nearly four in five anticipate increased employment costs as a result of the Employment Rights Bill’s proposed measures, and nearly a third are planning on reducing headcount as a result. The measures include reforms to Statutory Sick Pay, changes to unfair dismissal rules, and the introduction of guaranteed hours for zero-hours contract workers. Among those expecting costs to rise, 30 percent foresee reducing their workforce through redundancies or cutting back on recruitment, while 23 percent plan to introduce or expand automation to offset expenses. Other strategies being considered include reducing training budgets (22 percent), cutting staff working hours (17 percent), or increasing reliance on temporary workers (17 percent). More →

Sell out Material Choices event provides a forum for eco learning

Sell out Material Choices event provides a forum for eco learning

A recent seminar focussed on examining some of the established and widely used materials in the furniture and furnishing sector and considerations for greater sustainability.The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, hosted the next in a series of sustainability events, ‘Material Choices for more Sustainable Products’, on the 4th of March 2025 at Furniture Makers Hall. The seminar focussed on examining some of the established and widely used materials in the furniture and furnishing sector and considerations for greater sustainability. More →

Outdated offices are sabotaging ‘return to office’ policies

Outdated offices are sabotaging ‘return to office’ policies

The debate over whether to return to the office or sustain a remote team has become one of the most significant workplace discussions in recent yearsThe debate over whether to return to office work or sustain a remote team has become one of the most significant workplace discussions in recent years. Companies are struggling to balance remote and in-office work, yet strict return-to-office (RTO) mandates are failing to deliver the intended results. While many assume the COVID-19 pandemic was the advent of hybrid work models, in reality, many businesses had already begun adopting flexible work arrangements before the pandemic accelerated the shift to remote working. More →

Employment law five years after COVID: what’s changed?

Employment law five years after COVID: what’s changed?

As we approach five years since the COVID-19 pandemic hit, it’s a good opportunity to look back on the impact it had on the UK workplace and employment lawAs we approach five years since the COVID-19 pandemic hit, it’s a good opportunity to look back on the impact it had on the UK workplace and employment law. The pandemic was a seismic event for the workplace, but did it fundamentally change employment law in the UK? While COVID brought emergency measures such as furlough, the legal framework underpinning employment has remained largely intact. What has shifted, however, is the prominence of certain legal rights and protections for the employee —especially around health and safety, flexible working. More →

An AI divide risks growth for many organisations, new Microsoft research claims 

An AI divide risks growth for many organisations, new Microsoft research claims 

An opportunity to boost the UK’s economy and improve public services could be at risk if too many organisations don't act on AIAn opportunity to boost the UK’s economy and improve its public services in ‘the coming age of agentic AI’ could be at risk if too many organisations remain ‘stuck in neutral’ on artificial intelligence, ?according to?new research?commissioned by Microsoft. The study, led by Dr Chris Brauer at Goldsmiths, University of London, claims that the highest performing businesses and most productive public sector organisations have a clear strategy in place and are preparing for the next wave of the technology – which the report refers to as agentic AI.?1 More →