Search Results for: business

Freelancer income fell by a quarter during lockdown

Freelancer income fell by a quarter during lockdown

In the second quarter of 2020, freelancers’ average income dropped by 25 percent, according to the latest freelancer Confidence Index by IPSE (the Association of Independent Professionals and the Self-Employed). According to IPSE, the drop in income was driven by a record fall in the average number of weeks freelancers worked this quarter. Between March and June, the average freelancer went 5.5 weeks out of 13 without work. Combined with a 3 percent fall in freelancers’ average day rates, this led to average quarterly earnings declining by 25 percent from £20,821 in Q1 2020 to £15,709 in Q2 2020. (more…)

Central London office leases fall by over half in second quarter of 2020

Central London office leases fall by over half in second quarter of 2020

According to research from DeVono Cresa, the second quarter of 2020 saw 1.2 million sq. ft of office space leased across central London – a drop of 57 percent on the previous quarter. With the market feeling the full effects of the COVID-19 lockdown, demand, availability and rents in central London all trended as predicted, but with the pace somewhat subdued. Q1 2009, at the time of the Global Financial Crisis (921,000 sq. ft leased), remains the lowest quarter of take-up. (more…)

Wrong approach to leadership makes a fifth of CEOs a bad fit for their firm

Wrong approach to leadership makes a fifth of CEOs a bad fit for their firm

leadershipNearly a fifth (17 percent) of CEOs are largely unsuited to the companies they lead, according to new research from academics at Imperial College Business School, Harvard Business School, Columbia University and the London School of Economics. The paper, CEO Behavior and Firm Performance, is based on an analysis of the leadership behaviour of 1,100 CEOs based on their daily schedules. (more…)

People work longer (and different) hours under lockdown

People work longer (and different) hours under lockdown

A new study published by the National Bureau of Economic Research claims that the average lockdown working day worldwide is now around 48 minutes longer than before the pandemic. In addition, the number of meetings also increased by 13 percent and people send an average of 1.4 emails more per day. In addition, people were working at different times of day to free up time for other activities and responsibilities. (more…)

A dog`s life in the future of work

A dog`s life in the future of work

Once upon a time. Not so long ago. We used to get ideas for stories on lots of different topics. These included those I often dismissed at the time as quaint, such as somebody’s thoughts on why you should bring your dog to work. Now I often hanker for such whimsy, faced with day 127 of an inbox stuffed with nothing much more than ‘how to return to the office after lockdown’. (more…)

Managing occupancy will be essential in the new era of work

Managing occupancy will be essential in the new era of work

As COVID-19 infection rates reach lower levels and businesses open their doors once more, HR and facilities teams across many industries and sectors are preparing for a physical return to the workplace. With a duty to ensure the health, safety and general wellbeing of staff and visitors, there are many factors to consider, such as how to promote safe social distancing and increased cleaning regimes, while still focussing on business productivity. The roles of HR and FM will be critical in setting safe protocols if further self-isolation and lockdown measures are to be avoided. (more…)

Boardroom heroes needed to transform working cultures

Boardroom heroes needed to transform working cultures

Even as the UK starts to open back up following the COVID-19 enforced lockdown, there are still many unanswered questions about how almost every aspect of our lives will be impacted. What is certain though, is that we will continue to see a paradigm shift take place across all areas of the workplace. Employers must ensure they have the right measures and policies in place to deal with the transformations that have taken place across the UK’s labour market throughout the lockdown period. This is crucial, as only those who have a strong workplace culture will succeed in the post-pandemic world. (more…)

People struggle with home working environments and solitude

People struggle with home working environments and solitude

People are productive at home and want to retain flexible working after lockdown, but struggle with sub-optimal working environments and a lack of interaction with colleagues. That is the main finding from a survey by property technology company, Equiem. The firm has published the results of its most comprehensive global office occupier survey to date, providing landlords and tenants alike with valuable insights into occupier sentiment amid the COVID-19 pandemic. (more…)

Working from home experience proves value of workplace counselling

Working from home experience proves value of workplace counselling

The Covid-19 pandemic has led to an upsurge of workplace stresses and concerns, with many employees experiencing significant changes to work and life. Finding the best forms of support for employees will be an essential concern for employers, especially as they begin to manage future workplace adjustments and the possible return to the office That is the main finding of a new report which looks at the effects of various interventions on people’s mental health during lockdown. (more…)

Firms not doing enough to support flexible working

Firms not doing enough to support flexible working

flexible workingA new study from academics at the University of Kent and the University of Birmingham claims that organisations still have work to do when it comes to understanding people’s experiences of flexible working. The report titled ‘Working from home during the COVID-19 lockdown: Changing preferences and the future of work’ was undertaken by researchers at the Work Autonomy, Flexibility and Work-Life Balance Project (Kent), and the Equal Parenting Project (Birmingham). (more…)

Return to work offers us a unique opportunity to change everything

Return to work offers us a unique opportunity to change everything

Four day week return to workThe way we worked before covid was fundamentally broken; our wellbeing, our climate and our business efficiency. The genie is out of the bottle; going back just simply isn’t an option. When considering the return to work, there are organisations making knee-jerk decisions trying to avoid a complex minefield of potential missteps which could impact the safety of their employees and health of their business. Simply creating a ‘covid secure’ workplace right now would be a great opportunity lost in cementing real change and transformation into the world of work; for our wellbeing and our planet. (more…)

Working from home parents have struggled during lockdown

Working from home parents have struggled during lockdown

working from home parentsNew research from the University of Kent and the University of Birmingham suggests that the recent surge in the number of people working from home during the COVID-19 lockdown has presented significant challenges for those who are parents, particularly mothers. Despite this, the shift has also changed the way that many people intend to work in the future. (more…)