Search Results for: Gen Z

May 31, 2013

UK employment recovery could take up to four years finds research

by Sara Bean • Knowledge, News, Workplace

It will now be more than four years before the UK restores the employment rate of 2008 – and jobs recovery could take far longer. According to a new analysis from independent think tank the Resolution Foundation, it is now all but certain that the current jobs recovery will take longer than that following either the 1980s or 1990s recessions. The new findings are based on calculations of the UK ‘jobs gap’, the number of jobs the UK needs to create in order to restore the 2008 employment rate. The tough figures are explained partly by the UK’s ageing workforce, as a third of the current jobs gap is down to the growing share of the workforce aged over 64, which is growing twice as fast as the population aged 16-64. (more…)

May 30, 2013

Shared rather than serviced offices could save businesses thousands

by Sara Bean • Company news, Facilities management, News

London desk renters could save almost £200 a month by choosing a shared office over a serviced office, according to new research. The Office Genie Price Index has revealed that the average desk in a shared office in London costs £335, while a desk in a serviced office was found to cost on average £513 per month; £178 more. This saving of 35 per cent on the price of a serviced desk makes shared offices an affordable alternative in the world’s most expensive city for office rental, where a single square foot of office space in London can cost up to £170.

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May 29, 2013

Mayor confirms £1billion China gateway business district in London

by Mark Eltringham • News, Property

London mayor Boris Johnson has confirmed the details of a £1bn investment in a new business district that will transform the Royal Docks into a 35 acre gateway project aimed primarily at firms from China and Asia looking to establish a business foothold in the UK and Europe. The site is intended to deliver more than 2.5m sq ft of office as well as retail and leisure facilities under the plans. Chinese owned developer ABP will work with Stanhope and architects Farrells with the first firms taking up occupancy in 2017. The Greater London Authority said the proposed development would create 20,000 full-time jobs, and inject £6bn into the UK economy, with £23m in business rates generated annually. No tenants are confirmed at this stage although the developers claim interest from Chinese banks is said to be high.

May 28, 2013

Wellness programmes largely a waste of time, claims US report

by Mark Eltringham • Knowledge, News, Workplace

According to press agency Reuters, a long-awaited report on workplace wellness programmes, which has yet to be published, delivers a blow to the increasingly popular efforts by employers to address the waistline of employees as well as the bottom line of their businesses. According to a report by researchers at RAND Corp in the US, the now commonplace corporate sanctioned wellness programmes that encourage employees to become healthier and reduce absenteeism and medical costs only have a modest effect. RAND delivered the analysis to the U.S. Department of Labor and the Department of Health and Human Services last Autumn as part of a Government review ahead of new legislation.

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May 28, 2013

Are these the world’s most spectacular corporate buildings?

by Mark Eltringham • Architecture, Comment

BMW Welt

Building data provider Emporis has issued a list of 16 of what it calls the World’s Most Spectacular Corporate Buildings. The list is intended to show how firms use architecture to convey their identity and to impress anybody viewing their supposedly imposing corporate edifices. The Germany based firm claims the list was compiled by a jury of buildings experts from around the world who considered a range of factors and included buildings from all kinds of industries. Even so, the list is far from subtle with not even an attempt at lip service paid to the esoteric or surprising. It is dominated instead by glamorous blue chip businesses and buildings that are tall, designed by renowned architects or literal reflections of each company’s business. (more…)

May 23, 2013

New report offers latest evidence of link between office design and productivity

by Mark Eltringham • Briefing, Knowledge, Workplace, Workplace design

So, does workplace design have any impact on productivity and business performance? Well duh. So why are we still trying to convince managers when there is so much evidence and experience to prove it. The latest study to demonstrate the link builds on decades of research and adds further compelling evidence in a debate that should have been over a long time ago. In this report, workplace strategist Nigel Oseland and the Atomic Weapons Establishment’s estate masterplanner Adrian Burton describe their research quantifying the effect on worker performance of improvements to the office environment. The question these reports always beg is why the argument still has to be made.

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May 23, 2013

UK employee engagement and productivity lags behind most of world

by Sara Bean • Knowledge, News, Workplace

You might regard the concept of employee engagement as just a new way to describe industrial relations, but there is a growing body of research that UK employers need to do more to keep their employees on side. According to the latest missive, low employee engagement and lagging productivity is the greatest employment challenge facing UK business in 2013. Global research by Right Management found that this was the key concern for one in three (31 per cent ) employers compared to a global average of just one in five (21 per cent ) HR professionals, suggesting that after years of economic uncertainty and doing ‘more with less’, the UK workforce has reached a productivity impasse. (more…)

May 22, 2013

Fearful UK employees benefit from engagement policies finds survey

by Sara Bean • Knowledge, News, Public Sector, Workplace

A new study provides some proof that the employee engagement lobby has some validity. According to a new national survey, job stress has gone up and job-related well-being has gone down since the start of the recession, with Britain’s employees feeling more insecure and pressured at work than at any time in the past 20 years. The Economic and Social Research Council (ESRC) and the UK Commission for Employment and Skills (UKCES) report the biggest concern was about pay reductions, followed by loss of say over their job. However, the survey found that where employers pursued employee engagement practices, giving employees more involvement in decision making at work, staff were less anxious about their jobs. (more…)

May 21, 2013

Office hierarchy determines ergonomic quality of workplace

by Sara Bean • Comment, Facilities management, Furniture, Knowledge, News, Technology

When you consider health and safety dangers at work, there is really no contest between the risks blue collar workers face – falls from height, heavy lifting and breathing in asbestos dust – compared to the relatively minor mishaps of the average office worker. But it seems there is no such thing as an ‘average’ office worker either and where you fit in the pecking order could have a direct impact on the level and quality of the ergonomic tools you’re offered. According to a worldwide survey published by Jabra and YouGov there is a great demographic divide when it comes to the ergonomic equipment provided within the office – and your level of education and department play a significant role in how well you are seated and whether you are offered a headset or handset. (more…)

May 20, 2013

Groundbreaking study reveals work is better for you than retirement

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

The scrapping of the UK’s Default Retirement Age (DRA) two years ago is seen by many employers as a negative step. But now a ground-breaking new study provides evidence that working past a set retirement age is much better for the nation’s health. Work Longer, Live Healthier: The relationship between economic activity, health and government policy, published by the Institute of Economic Affairs and the Age Endeavour Fellowship finds retirement has a detrimental impact on both mental and physical health over time. The stats make for uncomfortable reading for anyone considering taking that long cruise. You’re more likely to be clinically depressed, have at least one diagnosed physical condition and are less likely to enjoy good or excellent health. (more…)

May 15, 2013

Long term investment in infrastructure needed to boost UK economy

by Mark Eltringham • Knowledge, News, Property

The UK government should reverse the long term slump in infrastructure investment to boost the economy, according to a new report from the Centre for Economic and Business Research and the Civil Engineering Contractors Association. The report, Securing Our Economy: The Case For Infrastructure, calls for the government to address the decade long £13bn infrastructure construction shortfall and lays out a series of recommendations to reverse the situation. The report claims the UK endures a £78bn GDP ‘black hole’ each year due to the lack of investment and that by investing at the level of other developed economies, the economy could enjoy an additional £100 billion each year by 2026.