Search Results for: business

February 25, 2019

Growth of flexible working locations in London is lowering the costs of office space

by Sara Bean • Cities, Coworking, News, Property

There is a boom in the number of new flexible working locations opening in Central London, which has seen a growth of 42 percent year-on-year. According to the new report by Office Freedom this growth is driving ever more competitive rates and lowering the cost of all kinds of office spaces within the capital. Over the last two years, office prices in Hammersmith have fallen by 29 percent, whilst Paddington is 32 percent cheaper as a direct result of greater flexible space availability. The rates in prestigious Knightsbridge are still amongst the highest in Central London, but have dropped by 38 percent between 2014 and 2018. (more…)

February 22, 2019

When assessing workplace strategy: we should always test rather than guess

by Franklin Becker • Facilities management, Features, Workplace design

Would an investor plow millions of dollars into a stock and never bother to track how the investment does? Of course not. Nor would they confuse the expected return on investment (ROI) with the actual results. We don’t guess about financial investments. We don’t base investment decisions on what some stranger does or how they say they’ve done. So why then, do many of the largest companies in the world invest millions of dollars in buildings or renovating their workplaces and never even bother to measure results. Why are they so willing to copy the unproven workplace strategy of others? Why are they satisfied with projected results, rather than measuring how their investments actually perform? (more…)

February 22, 2019

The biggest problem for city centres is a lack of high skilled jobs

by Mark Eltringham • Cities, News

The Centre for Cities, in partnership with George Capital, has mapped the UK cities with the strongest city centre economies in the UK, and identified their common features. The report City Centres: Past, Present and Future found that focusing on the struggles of certain high streets ignores the success of well-performing city centres and misdiagnoses the core problem: insufficient footfall in city centres due to a lack of jobs.

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February 22, 2019

Employees put off seeking medical advice due to worries over missing work

by Sara Bean • News, Wellbeing, Workplace

Although the majority (85 percent) of all business decision-makers agree that workplace health is a top priority, employees still aren’t being as open as they should, often playing down their illness or injury (32 percent) or feeling too busy to miss office hours (27 percent), a new survey by Bupa and Babylon Health has claimed. Worry over missing work is a key driver in avoiding appointments as seven in 10 employees (70%) have delayed or put off seeking medical advice when they should, despite the majority of business leaders having no issue with colleagues taking time off to deal with health issues. Men, young workers (18-34), Londoners and those employed in SMEs are all more likely than average to delay or put off seeking help. The data also shows that those in manual roles (vs. clerical) are more likely to shrug off illness or injury. Mark Allan, Commercial Director, Bupa UK, said: “As much as those in decision-making positions really want their employees to put their health first, they’re competing against a strong resistance from those who will strive to soldier on. This is particularly the case with those employees in SME businesses, amongst others.”

February 21, 2019

Why the gender pay gap is an enduring challenge for many organisations

by Heejung Chung • Comment, Workplace

In April of 2018, large companies with over 250 employees were obliged to report their gender pay gap for the first time. Headlines that week were dominated by some of the surprise and shock of the extent to which women were paid less in majority of the companies reported, while for many women it just confirmed our hidden beliefs. There was a slight optimism, however, that there can only be progress. However, many companies who are reporting their new pay gap for this year show that rather than progress, many have increased their gaps. Why is this the case?

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February 21, 2019

Vast majority of organisations still struggle with videoconferencing

by Mark Eltringham • Flexible working, News, Technology

The overwhelming majority of enterprises (90 per cent) report that they experience challenges when connecting to video conference calls. This is according to a new survey from StarLeaf, conducted by Vanson Bourne, which includes responses from 500 IT decision-makers and Line-of-Business leaders in the UK, France, Germany, and the US and from a broad spectrum of private sector enterprises (with over 1,000 employees) with the aim to understand attitudes towards the general use of video conferencing systems.

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February 21, 2019

SMEs intend to increase their headcount by over a fifth this year

by Sara Bean • Legal news, News, Workplace

SMEs intend to grow their headcount by over a fifth this year

Although official figures from the ONS show a decline in consumer spending throughout much of 2018, optimism amongst small businesses remains high, with UK SMEs hoping to grow their headcount by an average of 21 percent over the next 12 months. The new research from Opus Energy claims that half (51 percent) intend to grow their business in terms of people, with some even predicting they’ll increase their workforce by 50 percent. IT (39 percent), health (33 percent) and financial services (28 percent) were the sectors expecting the most growth. Even in the worst affected sectors, growth was still predicted. Half (50 percent) of retailers still expected to grow in 2019, at an average of 19 percent. 65 percent of food and beverage producers predicted an average headcount increase of 18 percent and 69 percent of manufacturers expected to grow at an average of 14 percent; despite facing the uncertainty of Brexit and the “death of the high street”.

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February 20, 2019

It is time for organisations to embrace the digital workplace

by Christian Brøndum • AI, Comment, Facilities management, Flexible working, Technology, Workplace

With the rise of both cloud-based technology and the worldwide gig economy, the last ten years of the 21^st century have seen some near-revolutionary changes in workplace practice. Entrepreneurs everywhere have been more than happy to make use of these developments, taking advantage of the new business models these changes have brought. For example, IDG found that 73 percent of the organizations that they surveyed have at least one application already in the cloud, and according to ONS, since 2010 there has been a 25 percent increase in the number of non-employer businesses in the private sector, a change attributed to the growing popularity of the gig economy. However, despite all the advances in workplace culture, thousands of workers in the UK are being left behind in outdated modes of work.

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February 19, 2019

Cold noses and warm design; a review of the Stockholm Furniture Fair

by John Sacks • Comment, Workplace design

The scene was set when, on the final approach to Stockholm, the Captain announced that the city was ‘enjoying’ heavy snow and a temperature of minus 15 degrees C. Can the fair organisers be persuaded to move future events to balmy June? Probably not. But of course, everything works perfectly despite the weather, and interiors everywhere are beautifully warm.

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February 19, 2019

Productivity only a priority for a third of employers as skills shortages persist

by Sara Bean • News, Public Sector, Workplace

Despite its importance to the economy, productivity is only a priority for 36 percent of employers and only half (50 percent) use the term when discussing organisational performance according to the latest Labour Market Outlook from the CIPD and the Adecco Group. And LMO data suggests that employers are overconfident when it comes to assessing their own productivity, with just 7 percent believing their organisation’s productivity is below average. (more…)

February 18, 2019

Organisations are overwhelmed by innovation, claims report

by Mark Eltringham • News, Technology

Companies are being overwhelmed by innovation projects, fewer than half of which even make it to market. That is according to a new report from Oracle, based on a poll of more than 5,000 decision makers from 24 countries. Despite what the report claims is a clear link between growth and innovation, organisations are being held back by poor processes and a lack of focus. The report suggests that innovation barriers are particularly pronounced amongst big companies, as well as companies experiencing higher growth rates.

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February 17, 2019

Landlords must respond in new ways to the changing world of work

by Ben Gillam • Comment, Technology, Workplace design

Hammocks, remote working, hot-desking. Contrary to common belief, these aren’t the only conversations landlords are having with designers on how to approach their workspaces for today’s tenants. Rising property values, the growth of flexible offices and political uncertainty have forced landlords to change the way they market their properties to respond to the demands of occupiers. And with no sign of London’s commercial office marketplace calming in the near future, the need for landlords to remain flexible and create channels of communication with their tenants, remains strong. (more…)