Search Results for: business

January 8, 2019

Record take up in Northern Ireland office market amid concerns over future investment

by Sara Bean • Cities, Facilities management, News, Property

The Northern Ireland office market had a record year in 2018, with a 100 percent increase in take-up, according to the latest figures from CBRE. The Northern Ireland (NI) office sector enjoyed its most successful year on record with 885,023 sq ft of take-up reported across 84 transactions, more than double that achieved last year. Notable office deals completed in 2018 included the PwC move to Merchant Square, Northern Ireland Civil Service at 9 Lanyon Place, Allstate at Mays Meadow, TLT at River House and Baker McKenzie at City Quays 2, which is part of Belfast’s City Quays mixed-use regeneration project. However, according to CBRE’s Real Estate Outlook report, the office market in NI is hampered by a severe lack of investment deals in the face of ongoing local, national and international political uncertainty. This means that while the real estate market in Northern Ireland generally has performed well in 2018, the investment sector experienced a decrease in activity as a resulting knock-on effect of the current political situation locally at Stormont as well as ongoing Brexit negotiations.

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January 7, 2019

What Leonardo da Vinci can teach us about the six hour working day ⁰

by Mark Eltringham • Comment, Flexible working, Technology, Wellbeing

The latest idea to grip the sometimes limited imagination of the world’s workplace chatterers is that of the six hour working day or the four day working week. This has its original roots in a Swedish experiment designed to limit the hours people work in an attempt to improve their work-life balance and possibly even increase their productivity. Now a growing number of firms are looking to introduce a nominal four day working week or restrict the use of emails outside of office hours. These are always commendable goals and you can see the logic. We know people find it increasingly hard to switch off, we know that this is bad for them and we know that long hours don’t necessarily equate to greater productivity.

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January 7, 2019

Firms and their workers need to adapt more quickly to changing world of work

by Neil Franklin • Flexible working, News, Technology

Governments need to do more to help workers and firms adapt to the fast-changing world of work and drive inclusive growth, according to the new OECD Jobs Strategy. New evidence in the report claims that countries that promote job quantity, quality and inclusiveness – such as Denmark, Iceland, Norway and Sweden – perform better than those which focus predominantly on market flexibility. While flexibility and adaptability are essential to stimulate the creation of high-quality jobs in an ever more dynamic environment, the gains and costs need to be fairly shared between businesses and workers, according to the OECD.

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January 4, 2019

No more blank slate, lots more workplace choice and some other stuff

by Mark Eltringham • Features

The Christmas and New Year break can prove a burial ground for content. This is a shame because there is as much great stuff around at this time of year as any other. And just as much casual dross. The workplace sector retains its tendency to consume and parrot comfortable, simplistic narratives, in lieu of the challenging and nuanced ideas that tell us far more about who we are and where and how we work. Unsurprisingly Neil Usher was one of the first out of the gates in expressing a wish for something new for the New Year.

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January 4, 2019

CIPD highlights gap between ‘fat cat’ top earners and the rest of the workforce

by Sara Bean • News, Workplace

Just three days into the New Year, today (Friday 4 January), the UK’s top bosses will have made more than a typical full-time worker will earn in the entire year, according to calculations from independent think tank the High Pay Centre and the CIPD. The average (median) full-time worker in the UK earns a gross annual salary of £29,574, while the average FTSE 100 CEO, on an average (median) pay packet of £3.9 million, only needs to work until 1pm on Friday 4 January 2019 to earn the same amount. The £3.9 million figure was calculated by the CIPD and the High Pay Centre in their 2018 analysis of top pay and it marks an 11% increase on the £3.5 million figure reported in their 2017 analysis. The pay increase means that FTSE 100 CEOs, working an average 12-hour day, will only need to work for 29 hours in 2019 to earn the average worker’s annual salary, two hours fewer than in 2018.

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January 3, 2019

Anti-team legislation can make us slaves to individual rights

by Helen Jamieson • Comment, Flexible working, Workplace

Society is becoming more selfish. At least that’s what the most commonly held view on the issue suggests, and it’s only set to get worse. Whether or not you believe the headlines, my 20 plus years’ experience as an HR consultant has led me to believe the hype. Increasingly many (I stress, not all) employees no longer see themselves as part of a team, but are increasingly ‘lone wolves’ single mindedly pursuing their needs and wants above those of the team. Each decision they make is with ‘I’ first and foremost, with ‘we’ maybe just a passing thought. It could be argued this was inevitable. How do you create a culture of team engagement, and group morale when for decades UK workplace legislation has focused almost exclusively on Individual Rights, rather than the ‘rights’ of the group? I’d argue it is simply not possible to develop successful teams where each individual has numerous legal rights but no corresponding responsibilities. My wish for 2019 would be for the government to set out a ‘responsibility’ alongside every ‘right’ it confers.

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December 21, 2018

More than half of UK ethnic minority citizens believe Brexit will stifle their career

by Sara Bean • Legal news, News, Workplace

Over half (52 percent) of Black, Asian, and Minority Ethnics (BAME) believe that Brexit will negatively impact their career progression compared to only 16 percent of non-BAME. This is according to a new survey commissioned by the Equality Group, an organisation that helps companies attract, retain and develop diverse talent that focuses on diversity and equality within business. Following the referendum in 2016 and the UK’s consequent departure from the European Union, tensions surrounding ‘Britishness’ and what it means to be British reached unprecedented lengths. In May this year, experts from the United Nations expressed concerns regarding the fact that racism and religious intolerance has, in the wake of Brexit, become increasingly acceptable in Britain. Whilst it is possible to statistically monitor the rise in racially motivated hate crimes, of which there was a 40 percent rise (July 2015- 16) succeeding the UK’s decision to leave the EU, monitoring racial discrimination within businesses is a lot more difficult. With this societal and political shift, the report looks at the impact Brexit, with its focus on immigration and the rights to work within the UK, has had on the workers from the BAME community.

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December 21, 2018

Are open plan workspaces truly evil or is this just fake news?

by Dr Caroline M. Burns • Features, Workplace design

A recently published paper describing the results of an academic study by Ethan S. Bernstein and Stephen Turban[1], both of Harvard, has become another unwarranted casualty of the debate within our industry and in the mainstream media on ‘open plan’ offices versus anything else. The researchers conducted two controlled studies in different organisations before and after a workplace refurbishment from dedicated cubicles to dedicated open plan (benching) neighbourhoods, and concluded that face to face interaction reduced significantly, while email and other digital communications increased in the new environment.

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December 20, 2018

By Bailey and Insidesource merge to form global furniture dealership

by Freddie Steele • Company news, Furniture

UK furniture dealer By Bailey has joined forces with US-based dealer Insidesource to create a first of its kind, global furniture dealership. The merger grew out of the need to offer high level service to international clients, especially those with a significant presence in North America and the UK. The boutique By Bailey studio was opened in 2015 by industry veteran – Mark Bailey, after he saw a niche in the market to provide high-end solutions for private offices and meeting rooms.

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December 20, 2018

Cyber security fears as employees and ex staff able to access sensitive company data

by Sara Bean • AI, News, Technology, Workplace

Cyber security fears as office workers given unfettered access to sensitive company data Huge numbers of employees have or have had access to mission critical company systems which should be reserved only for staff that require it, claims a new study by CyberArk. Specifically, it found that almost half (48 percent) of employees have or have had access to sensitive financial documents; 46 percent to confidential HR information; nearly a third (29 percent) have or have had direct access to company bank account and over a third (37 percent) access to research and development plans or blueprints for new products/services. Credential theft remains the most common and effective route to a successful cyber-attack.

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December 19, 2018

How our body clocks affect our mental and physical performance

by Elise Facer-Childs • Features, Wellbeing

Whether you’re a morning person or love burning the midnight oil, we’re all controlled by so-called body clocks. These body clocks (which regulate your circadian rhythms) are inside almost every cell in the body and control when we feel awake and tired during a 24-hour period. But as it turns out, our latest study found that our body clocks have a much bigger impact on us than we previously realised. In fact, our body clocks actually effect how well a person performs on both mental and physical tasks.

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December 19, 2018

Post Brexit high skill workforce migration plans to be unveiled today

by Mark Eltringham • News

Britain’s interior minister Sajid Javid is set to publish plans today for a post Brexit immigration system that would bring net migration to the UK down to “sustainable levels” in a phased approach starting in 2021. The UK Government will announce details of the new system to mark the end of free movement from other European Union countries in an immigration white paper. The plans will include a new visa route for skilled workers and no cap for high-skilled professions.