Search Results for: business

November 19, 2019

Young people mistakenly associate self-employment with more pay and leisure time

by Neil Franklin • Flexible working, News, Wellbeing

Students and school-leavers see self-employment as a route to a higher income, better work-life balance and more family time and so one in five 16 to 21 year olds think they will self-employed at some point, a new analysis from the Office for National Statistics shows. However, other studies from the UK government paint a different picture with people in self-employment generally earning less and working longer hours than their employed contemporaries, but often happy to forgo the certainties of paid work for greater flexibility and control. (more…)

November 15, 2019

Migration of flexible offices to contribute £12 billion to local economies

by Neil Franklin • News, Property

The increasing migration of flexible offices to the outskirts of major UK cities is creating a ‘flex economy’ that could contribute more than £12 billion to local economies in the next decade. That’s according to the first comprehensive socio-economic study of second-city and suburban workspaces. The analysis, conducted by economists on behalf of Regus, claims that as Brexit uncertainty continues to impact the economic landscape, individual flexible workspaces in suburban areas could be a welcome lifeline for local economies.

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November 15, 2019

UK industries leading global charge for AI investment, study claims

by Neil Franklin • AI, News

A new study claims that the UK is at the forefront of a global drive for Artificial Intelligence investment, with a near universal 99 percent of UK respondents planning to invest in AI, versus 80 percent in North America, and 83 percent in mainland Europe. The report from IFS (registration) sets out to explore the perception and adoption of AI within core industries worldwide. It polled the views of 600 decision makers working with technology and suggests that AI will predominantly be used to make existing workers more productive (60 percent) and add value to products and services (48 percent).

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November 14, 2019

Women may be struggling to climb career ladder because of their beliefs about competition

by Jayne Smith • Business, News, Workplace

Women might be less likely than men to go for opportunities in competitive workplaces because they don’t see as much of an upside to competition as men do, research by UCL School of Management and London Business School reveals. Women are on average less competitive than men. This gender difference has been explained largely by external factors such as the different evolutionary and social pressures men and women experience. Extending our current understanding of the gender difference in competitiveness, Dr. Sun Young Lee and Dr. Selin Kesebir reveal beliefs about competition as one source of the gender differences in competitive attitudes and behaviours. (more…)

November 13, 2019

Drawing back the curtain on the new workplace

by Mark Eltringham • Features, Flexible working, Technology, Wellbeing, Workplace design

It’s a shame that Rhymer Rigby’s piece in The Times on creativity at work is behind a paywall because it says something perfectly obvious and demonstrable about workplace creativity that more people should read. The gist is that a cult has grown up around creativity that should be subject to more scrutiny and we should stop thinking about all work as the potential outlet for the creative instincts of people who may not have any, may not work in a job that involves them or who may not want to express them during their shifts in the Amazon warehouse. (more…)

November 13, 2019

Flexible working does not reduce levels of overwork

by Neil Franklin • Flexible working, News, Wellbeing

UK employees are having to work harder to pay the bills, with the vast majority (91 percent) working beyond their contracted hours on a weekly basis and almost half (43 percent) not leaving the office or taking a break at lunchtime according to an analysis of Morgan McKinley’s Working Hours and Flexibility reports. And the growing practice of flexible working appears to be having no impact on the overworking culture.

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November 12, 2019

Oxford and Reading are best cities in which to live and work in the UK

by Neil Franklin • Cities, News, Wellbeing

Oxford has been recognised as the top performing city in the UK to live and work for the fourth year in a row in a nationwide study carried out by PwC. The city has emerged ahead of Reading thanks to work-life balance, income, transport and skills with Bradford being crowned as the most improved city. Published today (12 November 2019), the annual Demos-PwC Good Growth for Cities 2019 sets out to show there’s more to economic well-being than just measuring GDP. The index measures the performance of 42 of the UK’s largest cities, England’s Local Enterprise Partnerships (LEPs) and ten Combined Authorities, against a basket of ten factors which the public think are most important when it comes to economic well being. These include jobs, health, income and skills, as well as work-life balance, house-affordability, travel-to-work times, income equality, environment and business start-ups. (more…)

November 12, 2019

IPSE launches manifesto for the self-employed

by Neil Franklin • News

IPSE (the Association of Independent Professionals and the Self-Employed) has launched #5millionvotes, a manifesto for the 2019 General Election. The manifesto claims to highlight the size and influence of the self-employed sector in the election, as well as outlining the policies parties should adopt to secure the support of freelancers. The number of self-employed has grown enormously in the last ten years to almost 5 million. They are now 15 per cent of the workforce – almost as much as the entire public sector. Collectively, they contribute £305bn to the economy every year, which is enough to fund the NHS twice over. (more…)

November 11, 2019

Brexit uncertainty yet to affect UK jobs market

by Neil Franklin • Business, News

More news on the patchy effects of Brexit on the UK economy comes in the latest Labour Market Outlook from the CIPD. The report claims that Brexit uncertainty has yet to take its toll on employers’ hiring expectations, with both public and private sector employers expecting staff numbers to increase in the final quarter of 2019. There has been a surge of confidence among public sector employers on increasing both pay and staff numbers in the next quarter. Although still positive, private sector pay award expectations have decreased, narrowing the gap between the public and private sector. The forward-looking indicator surveyed 1,016 UK employers in September 2019 on their recruitment, redundancy and pay intentions. (more…)

November 11, 2019

Smart cities must develop in surprising ways to meet new challenges

by Neil Franklin • Cities, News, Technology

The new generation of smart cities should embrace new technologies and fresh approaches to combat their growing list of challenges, claims a new report from ABI Research. In its new whitepaper, 5 Ways Smart Cities Are Getting Smarter (registration), ABI suggests that digital twins and urban modeling, resilient cities, circular cities, micro-mobility, and smart spaces as the five new urban strategy shifts that will make smart cities smarter in the new ways they need. (more…)

November 11, 2019

Largest commercial property firm in UK to be carbon neutral by 2030

by Neil Franklin • Environment, Facilities management, News, Property

The UK’s largest commercial property company, Landsec, has announced that it plans for its 24 million square feet portfolio to achieve net zero emissions by 2030 in line with the Paris Agreement on climate change. Landsec, which has a £13.8 billion portfolio of office, retail and leisure property in the UK, including its flexible office arm Myo (pictured), has had its updated greenhouse gas reduction target approved by the Science-Based Target Initiative (SBTI). (more…)

November 8, 2019

Lack of leadership stifles workplace creativity

by Neil Franklin • News

The UK’s workforces are being creatively stifled because of high pressure and a lack of leadership skills, a new study claims. A study of 1,000 workplaces published in Thinking On Your Feet, a report by the commercial arm of the Royal Academy of Dramatic Art, RADA Business, has found that almost half (41 percent) of UK workplaces implement practises that have a detrimental effect on employee empowerment and their ability to think creatively. The study also reveals that 75 percent of workplaces lack the right environment to enable improvisation to thrive, leaving workers feeling unsupported and stressed. (more…)