Search Results for: benefits

The new normal arrives for the commercial property sector

The new normal arrives for the commercial property sector 0

by • Comment, Facilities management, Property, Workplace design

wework-coworking-new-yorkTraditionally, the two principle vectors for change in the commercial property market have been lease lengths and space standards. Both have shrunk markedly over recent years, subject to the miniaturising effects of technological and cultural change. Even so, the effects of this contraction have taken place within an existing paradigm so have been easily understood, if not always acted upon.So it has been that major property organisations such as the British Council for Offices and CoreNet have been able to produce guides and reports based on well understood principles and without challenging the business models and assumptions of developers, landlords, workplace designers and occupiers. For most the challenges remained the same, not least how to resolve the sometimes conflicting timescales of people, place, property and technology that is the defining tension at the heart of office design and management.

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Brexit bonfire unnecessary as employers back the UK’s existing employment rights

Brexit bonfire unnecessary as employers back the UK’s existing employment rights 0

by • Flexible working, Legal news, News, Workplace

No Brexit bonfire

UK employers do not believe a bonfire of employment law is necessary under Brexit, as negotiations over the country’s departure from the EU begin. According to new research by the CIPD and the employment law firm Lewis Silkin, employers back the UK’s existing employment rights framework with all twenty eight areas of employment law rated as necessary by a majority of employers. In the survey of more than 500 employers, organisations were asked whether they viewed more than twenty different aspects of employment law as necessary or not. The list included unfair dismissal laws, rated as necessary by 93 percent of businesses, as well as national minimum wage (87 percent), parental rights at work (82 percent), agency workers laws (75 percent) and the Working Time Regulations (74 percent). The research, which looked at a wide variety of employment laws and practices, also found more than half (52 percent) of employers go beyond the legal minimum requirements when implementing employment law.

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How the fourth industrial revolution might help to solve the challenges of mobility and migration

How the fourth industrial revolution might help to solve the challenges of mobility and migration 0

by • Flexible working, News, Technology

The already cack-handed Brexit negotiations and the ongoing saga of President Trump’s ‘wall’ have ensured that the issue of migration has stayed at the top of the political agenda so far this year. Yet, one potentially significant factor that has stayed out of the headlines so far is the potential for people to migrate digitally across nations and the globe. The World Economic Forum’s Global Future Council on Migration, in conjunction with Remote.co, has now published a report into the subject called Mobile Minds: An Alternative to Physical Migration in the Fourth Industrial Revolution. The white paper claims to outline the benefits of, and challenges associated with, cross-border remote hiring. Led by Rajeeb Dey, Tolu Olubunmi, and Sara Sutton Fell, the goal of Mobile Minds is to explore the global impact of remote work as it relates to both the mobility of the twenty-first century workforce and workplace.

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Government should end bogus gig economy jobs, claims parliamentary report

Government should end bogus gig economy jobs, claims parliamentary report 0

by • Flexible working, News, Workplace

Companies operating in the gig economy and relying on supposedly self-employed workers are denying workers their rights and freeloading on the welfare state, according to a new report from The Commons Work and Pensions Committee. The report cites what it calls “appalling practices” in its inquiry into self-employment and the gig economy. The committee said the numbers of self employed had grown to 5m, or 15 per cent of all UK workers in recent years, fuelled in large parts by the firms like Uber and Deliveroo, whose business models rely on a largely self-employed workforce. In its report the Work and Pensions Committee says Government must close the loopholes that are currently allowing “bogus” self-employment practices, which are potentially creating an extra burden on the welfare state while simultaneously reducing the tax contributions that sustain it.

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Government failing to meet goals for an integrated real estate portfolio

Government failing to meet goals for an integrated real estate portfolio 0

by • News

The UK Government is getting better value for money from its estate, according to a new report from the National Audit Office. The Government Property Unit (GPU), however, has not yet made much progress towards its objective of creating a shared, flexible and integrated estate. The government’s central estate includes some 4,600 individual holdings, costing around £2.55 billion a year to run. The GPU, which is part of the Cabinet Office, was set up in 2010 to better co-ordinate estate management in the public sector. Since the NAO’s last report in 2012, departments have continued to make good progress in reducing the overall size of the central estate. They have also reduced overall estate spending and pay less for office accommodation than private sector comparators. Departments report they have reduced their annual estate costs by £775 million in real terms since 2011-12 to around £2.55 billion in 2015-16. Between 2011-12 and 2015-16, departments raised £2.5 billion by selling surplus land and properties. The GPU is also starting to have an impact on the wider public estate.

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BIFM issues new guidance for FMs on managing the transition to agile working

BIFM issues new guidance for FMs on managing the transition to agile working 0

by • Facilities management, Flexible working, News

New guidance on managing the transition to agile workingNew guidance to help facilities managers manage the transition to agile working within their organisation has just been published by the British Institute of Facilities Management (BIFM). The Agile Working Change Management Guidance Note is aimed at FMs working at a senior and/or operational level and covers the benefits of agile working and how to successfully plan and implement an integrated approach to deliver sustainable change in working behaviour. Agile working describes a range of work settings that allow people and organisations to make new choices about when, where and how they work. It is underpinned by mobile technology and applies to people working both in and away from the traditional office, such as at home, on the road or remotely in other locations. BIFM’s research and information manager Peter Brogan said: “As an Institute, we recognise the importance of the workplace agenda for FMs and this newly commissioned Guidance Note aims to address the current lack of knowledge around some of the emerging workplace practices.”

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Happiness at work takes precedence over money for the majority of people

Happiness at work takes precedence over money for the majority of people 0

by • News, Wellbeing, Workplace

Happiness at work takes precedence over money for the majority of workersMore than six in ten workers value happiness at work over salary and even those more motivated by salary agree that a setting that allows friendships to flourish could provide invaluable benefits for businesses, a new survey suggests. The research by Wildgoose found that 57 percent of respondents thought having a best friend in the office made their time at work more enjoyable, almost a third were more productive and over one in five said it boosted their creativity. The survey also highlighted the differences in attitudes across various groups and demographics. Women were far more likely to prioritise happiness, with eight in ten placing it above salary, compared to just 55 percent of males. The job level of an employee also played a significant role. For 85 percent of managers, salary was deemed more important, while 70 percent of entry-level, interns, and executives chose happiness.

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Study confirms effect of workplace autonomy on wellbeing and job satisfaction

Study confirms effect of workplace autonomy on wellbeing and job satisfaction 0

by • Flexible working, Knowledge, News, Wellbeing

New research into workplace culture has found that employees with higher levels of autonomy in their work reported positive effects on their overall wellbeing and higher levels of job satisfaction. Researchers at the University of Birmingham Business School examined changes in reported well-being relative to levels of autonomy using two separate years of data for 20,000 employees from the Understanding Society survey. The research, published in the journal Work and Occupations, found that levels of autonomy differed considerably between occupations and by gender. Those working in management reported the highest levels of autonomy in their work, with 90 percent reporting ‘some’ or ‘a lot’ of autonomy in the workplace. The finding backs up research from Cass Business School, the German Institute for Economic Research, Abraham Maslow and elsewhere.

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Commercial property lenders should drive sustainability through financial innovation

Commercial property lenders should drive sustainability through financial innovation 0

by • Environment, News, Property

The commercial real estate finance sector is witnessing a dramatic shift in attitudes towards the issue of sustainability, according to a new report from the Better Buildings Partnership. It claims that major commercial property lenders are already exploring new opportunities that go well beyond traditional risk management through sustainability initiatives that ‘drive new business, strengthen customer relationships and improve the data they hold on the buildings in which they have underwritten’. The report, Beyond Risk Management: How sustainability is driving innovation in commercial real estate finance, is sponsored by CREFC Europe, GeoPhy, ING Bank and Lloyds Bank Commercial Banking, and claims to reveal pioneering examples of how lenders are incorporating sustainability into their core business activities.

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Governments need to address perfect storm of low wages, productivity and automation

Governments need to address perfect storm of low wages, productivity and automation 0

by • News, Technology

Governments need to act now to address issues such as productivity, automation and stagnating or falling wages, according to two new reports from the International Monetary Fund (IMF). In both its Spring global policy agenda and world economic outlook, the IMF claims that workers are subject to a perfect storm of factors that will destabilise their jobs and lives unless governments implement robust policies to help them work more flexibly, acquire new skills and work alongside the new generation of automated technologies instead of in competition with them. Addressing the issues in a speech last week, IMF managing director Christine Lagarde said that governments need to create a new economic and social architecture that allows everybody to take advantage of the opportunities offered by technology and the current growth in the world economy.

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Walking or cycling to work associated with lower risk of cancer and heart disease

Walking or cycling to work associated with lower risk of cancer and heart disease 0

by • News, Wellbeing

A new study published in the British Medical Journal suggests that cycling to work could halve the risk of cancer and heart disease and that any active form of travel to work offers similar health benefits. Although the report does not claim to establish the direct causal links, the five year study of 250,000 commuters in the UK concludes that “cycle commuting was associated with a lower risk of CVD, cancer, and all cause mortality. Walking commuting was associated with a lower risk of CVD independent of major measured confounding factors. Initiatives to encourage and support active commuting could reduce risk of death and the burden of important chronic conditions.” The five-year study compared people who had an active commute with those who were mostly sedentary in cars and public transport. The report found that regular cycling to work cut the risk of death from any cause by 41 percent, the incidence of cancer by 45 percent and heart disease by 46 percent.

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Jobs should be redesigned to improve wellbeing

Jobs should be redesigned to improve wellbeing 0

by • Flexible working, News, Wellbeing, Workplace design

It’s not just the nascent fourth industrial revolution that is challenging our traditional views of work, but also the growing realisation that we could be doing things so much better anyway. The author Douglas Coupland and the World Economic Forum are already holding conversations about the fundamental issues with work and how we go about it. At the heart of this is the very design of jobs and what it means for us and our wellbeing. Only 28 percent of people in the UK are highly satisfied with their jobs, and yet, estimates suggest that an adult in work would spend an average of 57 percent of their waking hours working. A new international study from the University of East Anglia  and the What Works Centre for Wellbeing based on a review of 4,000 pieces of research claims to show why organisations often fail to improve staff wellbeing. It suggests that employees should be encouraged to design their own jobs, and find ways to help managers better understand their concerns.

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