Search Results for: business

August 24, 2018

Major tech companies continue to acquire new London offices, despite Brexit concerns

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

The repercussions of a no-deal Brexit are being hotly debated but there are some indications that it’s yet to impact the Capital’s commercial property sector. A number of leading tech and creative companies have continued to acquire large volumes of office space across London. According to figures from CBRE, take-up of Central London office space stood at 1.2m sq ft in July 2018, above the 10-year monthly average of 1.0m sq ft. The increase in July was largely down to two Facebook deals at 11/21 Canal Reach, N1 and Building P2 Handyside Street, N1, where in total 600,600 sq ft of office space has been filled. The creative industries sector led July take-up at 679,400 sq ft, representing 61 percent of the space taken; with the business services sector acquiring 17 percent of space, with 133,200 sq ft going to flexible office providers. In the past 12-months, business services has been the principal sector, accounting for 31 percent of take-up ahead of the creative industries (25 percent) and banking and finance sector (16 percent).

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August 23, 2018

Finance professionals prioritise protection of employment rights in Brexit deal

by Neil Franklin • News, Workplace

Securing employment rights for workers must be one of the key priorities of any Brexit deal, according to a fifth of finance professionals surveyed by REED. The recruitment agency asked almost 800 senior finance professionals about company preparations for leaving the EU, finding that only prioritising a free trade deal for the UK (31 per cent) received more votes than securing employment rights (20 per cent). Finance professionals gave considerably less backing for prioritising membership of the single market (18 per cent), self-determined UK law (10 per cent), the customs union (10 per cent) and border controls (10 per cent).

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August 22, 2018

Why early intervention matters for workplace mental health

by Liz Walker • Comment, Wellbeing, Workplace

Last year alone, poor mental health was the primary cause of long-term absence for 22 percent of organisations, with employees feeling too stressed or anxious to face going in to work. This was up from 13 percent in 2016. However, 45 percent of those who take time off for mental health reasons give their employers another excuse for their absence. Symptoms of mental health can build up when not properly recognised or assessed, but they’re hard to combat when so many employees don’t feel confident enough to open-up about how they’re feeling.

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August 21, 2018

How do you make your company culture work for everyone?

by Jonathan Richards • Comment, Workplace

Company culture is the bedrock of any business. And it has been thrown into sharp focus in recent months with many high-profile scandals hitting the headlines such as the discrimination case at Uber. In light of this, many businesses are now investing in – even living and breathing – their company culture. This is of course, great news for employees. Shouting about how your company culture is like being part of a family and how everyone mucks in together may have swayed a new recruits’ decision during their interview. However, have you stopped to think how accessible your culture will be to new team members? Close-knit can often translate to the ‘in-crowd’ and office politics can get in the way of a pleasant working environment if the culture is too close.

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August 20, 2018

Employers who do not offer flexible working are the exception rather than rule

by Sara Bean • Flexible working, Legal news, News, Workplace

Most organisations already offer some sort of flexible working and over half of employees now ask to work flexibly, a new survey from XpertHR research has claimed. One in 12 organisations (8.1 percent) reported that all employees worked flexibly, with employers attributing the rise to a more supportive workplace culture and the impact of recent legal changes. The survey found that more than half (55.9 percent) had seen an increase in flexible working requests over the past two years. Three out of four believed that this was due to changes in workplace culture in recent years, attributable in part to a change in the law in 2014 that extended the right to request flexible working to all employees with at least 26 weeks’ service. Flexible working goes across the board, and includes part-time working, variable start and finish times, home-working and other options.

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August 17, 2018

Employees reveal truth about company culture

by Neil Franklin • News, Workplace

Organisations must do more to engage with their people and meet their personal expectations if they want a positive work culture, highlights a new research white paper by leading HR and payroll supplier, MHR. ‘Company Culture: Don’t Just Throw Money at The Issue’ explores the real experience of UK employees and their true thoughts about their employers. The paper, based on findings from a survey of 1174 UK employees by YouGov on behalf of MHR, reveals that 49% of employees believe the portrayed public image of the company they work for matches the actual experience of working there. The research shows that employees are generally happy with the culture at their workplace, with 70% of people agreeing their company’s ethos is well communicated to staff, and 61% saying they would feel comfortable speaking to their manager if they felt the company wasn’t delivering on its aims.

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August 16, 2018

The office will always live on because nothing propinks like propinquity

by Mark Eltringham • Comment, Property, Workplace design

Perhaps the most pervasive and enduring myth about the office is that it is somehow dying off. It’s a blast of guff originally farted out at the dawn of the technological revolution in the early 1990s, which has somehow lingered and been stinking the place out ever since. The essential premise behind the idea of the death of the office is that mobile technology makes it possible for us to work from ‘anywhere’ and so that must mean ‘somewhere’ is no longer needed. (more…)

August 15, 2018

The global problem of overwork and the right to disconnect

by Aki Stamatis • Comment, Flexible working, Technology, Wellbeing

Anybody who doubts the importance of work and working culture to people’s lives should look at the resistance to President Macron’s mooted changes to labour laws. His attempts to modernise and liberalise French workplace legislation marked the first cracks in his reputation and brought millions of French workers to the streets as part of a national strike.However, one change to French legislation that met with little or no resistance earlier this year was a new right to avoid work emails outside working hours. Under the legislation, firms with more than 50 workers will be obliged to draw up a charter of good conduct, setting out the hours when staff are not supposed to send or respond to emails as they seek a right to disconnect.

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August 15, 2018

Older workers need more support in the workplace, claims report

by Neil Franklin • News, Wellbeing

Longer working lives have become a reality for millions, yet a significant number of older workers feel unsupported in the workplace, according to new findings from Aviva which claim to highlight the need for UK businesses to boost support for their older workforce. Almost two thirds (63 percent) of the 10.2 million over-50s in work – equivalent to 6.4 million people – are planning to retire later than they thought they would 10 years ago. Many of them are extending their working lives due to the rising cost of living (40 percent) and insufficient pension savings (38 percent).

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August 14, 2018

Working while on holiday is the new normal, claims study

by Neil Franklin • News, Wellbeing

Two thirds of business leaders have admitted that they check their work emails while on holiday and three quarters have taken or made a work call, according to a new survey into summer working habits by The Institute of Leadership & Management. The Institute’s new research found that 65 per cent of respondents check their work emails at some point while on holiday, and 75 per cent have said they’ve taken or made a work call while on leave. Unsurprisingly, most senior leadership teams check their emails on holiday (81 per cent).

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August 13, 2018

UK labour and skills shortages set to increase as number of EU nationals fall

by Sara Bean • News, Workplace

A noticeable fall in the flow of EU nationals into the UK has coincided with a drop in the quantity and suitability of job applicants being reported by employers, the latest quarterly Labour Market Outlook from the CIPD and the Adecco Group has revealed. The data suggests that while the short-term outlook for employment remains strong, labour and skills shortages are finally starting to bite, with evidence that the number of applicants per vacancy has dropped across all roles (low, medium and high-skill) since summer 2017. This strong demand for labour is finally increasing recruitment pressures for employers, exacerbated by a ‘supply shock’ of far fewer EU nationals coming into the UK. According to the latest official data, the number of EU-born workers in the UK increased by just 7,000 between Q1 2017 and Q1 2018, compared with an increase of 148,000 from Q1 2016 to Q1 2017. This represents a fall of 95 percent and has fed into a tightening of the labour market. The report also found that while wage growth for the wider workforce is set to remain at around 2 percent for the foreseeable future, new starters and key staff may be more likely to be getting a salary increase.

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August 13, 2018

A third of employers report rise in time off as mental health becomes less taboo

by Neil Franklin • News, Wellbeing

Around 30 percent of businesses have seen an increase in the number of staff taking time off for mental health reasons, according to a survey conducted by business organisation British Chambers of Commerce, and insurer Aviva. One in three (33 percent) business leaders have also noticed an increase in the length of time that staff are taking off due to mental health issues.