Search Results for: business

Coworking is now the key driver of change in property market

Coworking is now the key driver of change in property market

Having disrupted the property sector over the last decade, coworking continues to impact investors, developers and end users as the concept appears to be the dominant force in the commercial sector. Coworking can trace its roots back as far as the 1980s when Regus (now part of IWG) popularised the idea of a serviced office, by taking on leases of office buildings, subdividing the available space and leasing it out to small business, fully furnished and ready to rent. (more…)

Culture clash means one in ten non-native workers leave jobs

Culture clash means one in ten non-native workers leave jobs

Crossed pencils with sparks illustrate a culture clashA new report from Jobsite claims that almost one in ten (8 percent) non-native workers in the UK have had to leave a job because of a culture clash or they felt they didn’t fit in, and a quarter (23 percent) of those working in multicultural teams feel their workplace has become less accepting towards their non-UK colleagues since the EU Referendum. The survey claims that over a third (35 percent) of non-native workers believe their career progression has been impacted whilst a further 13 percent think they have been overlooked for a promotion due to their cultural background. (more…)

Majority of SMEs lack a health and wellbeing strategy

Majority of SMEs lack a health and wellbeing strategy

Majority of small businesses have no health and wellbeing strategyNew research from AXA PPP healthcare claims that eight out of ten (82 percent) SME business leaders don’t have a health and wellbeing strategy in place. The same research found two-thirds (24 percent) report experiencing job-related stress or anxiety and just 15 per cent believe their company provides a culture which supports their mental health. The research also claims  nearly half (46 percent) of employees working in small and medium sized businesses continue working when they’re feeling unwell and less than a quarter (24 percent) see a GP because they worry about taking time off work. One-fifth (18 percent) feel guilty for taking time away from their desk for lunch and more than a quarter (27 percent) send and receive emails outside of work hours.

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Coworking is reshaping office market in London

Coworking is reshaping office market in London

Leo coworking space in North LondonThe flexible office and coworking markets have grown rapidly over the last five years, with more than 4 million sq ft leased to flexible office providers in Central London, according to a new report from digital office broker Hubble in partnership with JLL. Despite WeWork dominating the headlines and pioneering the uptake of coworking, the London market remains highly fragmented, with more than 150 providers offering some form of flex or coworking space in more than 650 separate locations. Flexible offices are projected to grow to a 11 percent share of overall office stock in London by 2023. At the end of 2018, flexible offices had a 6.3 percent share of the Central London market (14.7 million sq. ft.) and this number is set to keep growing. (more…)

Freelancers project economy now larger than creative sector

Freelancers report coverFreelancers working on projects now contribute more to the economy than the creative industries, new research from the CRSE (Centre for Research on Self-Employment) claims. The ‘project economy’, made up of freelancers brought in for individual projects such as new products, innovation and infrastructure, contributes approximately £104bn to the UK economy every year, according to the CRSE’s Freelance Project and Gig Economies report. That is more than the £100bn of the creative industries and close to the £110bn contributed by the construction sector. The ‘project economy’ accounts for 73 per cent of the UK’s skilled freelancers – nearly five times the 15 per cent working in the so-called gig economy. (more…)

Worker confidence in the UK jobs market falls

Worker confidence in the UK jobs market falls

Confidence in jobs market fallsThe Monster Jobs Confidence Index, published for the first time by jobs board Monster.co.uk and the Centre for Economics and Business Research (Cebr), claims that workers and job seekers confidence in the UK labour market has dropped by 10 percent, from 77 percent to 67 percent. The report defines confidence as how an individual feels about their ability to find a suitable job in the short-term, realise their career potential and build a better future for themselves.

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Discrimination against workers highest in UK

Discrimination against workers highest in UK

A new Europe wide study claims that reports of discrimination are highest in the UK where more than a third (38 percent) of respondents say they have been discriminated against, compared to a European average of 30 percent. It seems young people are also particularly affected, with 49 percent of UK workers aged 25-34 reported they had faced some form of discrimination.  The ADP Workforce View in Europe 2019 (registration) surveyed over 10,000 employees in the UK, France, Germany, Italy, the Netherlands, Poland and Spain, delving into how employees feel about issues in the workplace. (more…)

Top ten cities in UK for economic growth led by Edinburgh

Top ten cities in UK for economic growth led by Edinburgh

According to the 2019 Vitality Index by Lambert Smith Hampton, Edinburgh is the city with the best prospects for UK economic growth, with Cambridge and Manchester coming in second and third place, despite the UK’s uncertain economic and political environment. Compiled every year, The Vitality Index claims to provide a comprehensive assessment of the health of UK towns and cities, considering education, entrepreneurialism, affluence, productivity, growth and environmental factors.

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People are too quick to click on emails

People are too quick to click on emails

Modern working culture makes it impossible for employees to always make the right decision about what to do with emails, claims a new report from cybersecurity company Tessian and the University of Central Lancashire. The report Why Do People Make Mistakes? presents findings from a new survey of 1,000 UK employees, who were asked about their working environment and practices. Additionally, the report includes insights from cyber-psychologists Dr Helen Jones, University of Central Lancashire and Professor John Towse, Lancaster University, which further explains how certain factors in the workplace can cause people to make poor decisions. (more…)

Digital transformation plans ignoring role of HR

Digital transformation plans ignoring role of HR

HR must enhance its reputation amongst senior management teams and business leaders if it is to take a leading role in driving the success of digital transformation projects, claims a new report from MHR. The poll of 250 business leaders at organisations with more than 1000 employees claims that just 5 percent of respondents felt the HR department should be the people to lead or manage a digital transformation project. The full results of the survey are explored in MHR’s report ‘Businesses are not ready to transform (but they don’t know that)… which was launched at the Festival of Work in London this week. (more…)

Working lives dominated by stress and overwork

Working lives dominated by stress and overwork

Working lives are dominated by stressOver-work, stress and poor work-life balance are undermining attempts to improve the quality of working lives in the UK, new research from the CIPD claims. Over 5,000 people were surveyed for the UK Working Lives Survey, an annual assessment of job quality across seven different categories including pay and benefits, contracts and employment terms, and voice and representation. (more…)

Lack of flexible working risks talent exodus

Lack of flexible working risks talent exodus

Companies are in danger of losing top talent due to lack of flexible workingNew results from Wildgoose’s Flexible Working survey suggests that a significant number of UK employees are seeking out flexible working to better juggle life both in and out of work, without compromising productivity. The latest findings follow on from the organisation’s other successful insights surveys exploring diversity & inclusion and mental health in the workplace. (more…)