Search Results for: business

July 9, 2018

Quarter of British workers have a side hustle as well as their main job

by Neil Franklin • Flexible working, News, Workplace

Academics at Henley Business School have revealed a growing trend in ‘side hustles’ which shows that as many as 1 in 4 people in the UK are running at least one business project alongside their main day job, contributing an estimated £72 billion to the UK economy. Henley has published a white paper on the emerging side hustle economy. Its study of over 500 business leaders and 1,100 UK adults found the trend is now happening at an unprecedented pace across the UK. A side hustle is defined as a secondary business or job that brings in, or has potential to bring in, extra income. 73 of people who start a side hustle do so to follow a passion or explore a new challenge, but there are financial benefits too, with side businesses contributing 20 percent to side hustlers’ income.

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July 9, 2018

Hong Kong Central remains most expensive office market in the World, according To CBRE

by Mark Eltringham • News, Property

Hong Kong Central remains the most expensive office market in the world, according to CBRE’s annual Global Prime Office Occupancy Costs report. Hong Kong Central’s overall prime occupancy costs of US$307 per sq. ft. per year topped the “most expensive” list, followed by London West End (US$235 per sq. ft.), Beijing Finance Street (US$201 per sq. ft.), Hong Kong Kowloon (US$190 per sq. ft.) and Beijing Central Business District (US$189 per sq. ft.).

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July 5, 2018

BIFM members vote in favour of change of name

by Neil Franklin • Facilities management, News

Members of the British Institute of Facilities Management have today voted to approve its Board’s recommendation to change the Institute’s name to the Institute of Workplace and Facilities Management (IWFM). A Manifesto for Change unveiled by Chairman Steve Roots on 1 March which set out to reframe facilities management by emphasising its ability to make a real contribution to organisations’ performance has been resoundingly supported by members who today voted overwhelmingly to adopt the new name.

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July 5, 2018

Open plan offices may discourage communication, claims new study

by Freddie Steele • News, Workplace design

The usual rationale for open plan offices is that they help people to collaborate more effectively. But this premise is challenged by a new study from researchers at Harvard Business School which suggests that employees at two large Fortune 500 companies actually engaged in less face-to-face contact after switching to entirely open workspaces. As published in the journal Philosophical Transactions of the Royal Society B, Ethan Bernstein and Stephen Turban sought to conduct a real-world comparison of people’s behaviour in different types of offices to test a hypothesis that open plan layouts reduce communication.

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July 5, 2018

The top five songs about office life and office furniture

by Mark Eltringham • Comment, Furniture, Workplace design

Too few musicians draw inspiration from the office or office furniture, and for very good reasons. The main one being that one of the main reason to get into rock and roll is to avoid a desk in the first place. Nevertheless, it’s worth saying that the office is routinely used as both a setting and a symbol in movies even if workplaces are generally seen as mundane or dehumanising in stark contrast to whatever troubled romance / disaster is befalling the protagonist. Offices are usually depicted as dystopian (Brazil), soul-destroying (Office Space, American Beauty) or a backdrop for whatever else is going on (name your own romcom). (more…)

July 5, 2018

Why a Google office simply does not work for everybody ⁰

by Dr Caroline M. Burns • Comment, Facilities management, Technology, Workplace design

The open plan office versus closed debate rages on, and rather than running out of steam in the face of all of the evidence and reasoned argument put forward one one side or the other by many industry thought-leaders, it seems to have nine lives. Those grand and ground-breaking new offices occupied by the world’s tech giants seem to be particularly popular examples of why highly open and transparent workplaces do, or don’t work, especially those headline-grabbing offices created around the world by Google. This public debate has led to some very interesting and insightful discussions in various forums (to which I have contributed), inspiring me to synthesise the key themes into four reasons why a Google office is not necessarily the right type of office for your organisation. Many thanks in particular are due to David Rostie and Kay Sargent for their valuable online contributions to the debates which inspired this article.

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July 5, 2018

Responsible office fit-out toolkit published by Building Better Partnerships

by Neil Franklin • News, Property, Workplace design

Commercial property trade body Building Better Partnerships (BBP) has today published its latest free industry guidance – Responsible Fit-Out Toolkit: Offices. The Toolkit claims to provide guidance for owners and occupiers on how to integrate sustainability and wellbeing into an office fit-out. The authors claim that while workplace design plays a pivotal role in demonstrating a business’s values and can have an immense impact on the comfort and productivity of those working within and visiting a space, opportunities are rarely fully appreciated.

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July 5, 2018

White paper: How the workplace is pioneering the use of data in organisations

by Anthony Brown • Briefing, Features, Premium Content, Technology, Workplace design

In 2017, a content creator called Oobah Butler decided that he wanted to do something with the experience he’d gained writing fake positive restaurant reviews on TripAdvisor. What if, he wondered, he set up an entirely fictitious restaurant based in the shed in his garden and then started to manipulate TripAdvisor ratings? What happened surpassed his wildest expectations. In just six months, The Shed at Dulwich became the top-rated restaurant in London, even though nobody had ever actually eaten there, based solely on fake reviews, fake pictures and the word of mouth created by a complete inability for anybody to book a table.

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July 4, 2018

Podcast: The British new wave and the evolution of the workplace

by Mike Petrusky • Facilities management, Flexible working, Podcasts, Premium Content, Technology, Workplace design

In this podcast I talk to Mark Eltringham about British music, which leads to a discussion about bands from the early days of new wave in Liverpool, including Echo & The Bunnymen. The evolution of music serves as a metaphor which leads to a conversation about the history of the workplace where Mark shares his perspective on some of the founding thought leaders in our modern sector. I ask him about today’s places of work and Mark references a recent report from Chris Hood of AWA, Kate Lister of Global Workplace Analytics and Haworth while also sharing some research provided by Leesman Index. We talk about the blurring of the lines and need for collaboration across departments inside organizations, the relationship between facilities management and workplace as a whole, while also discussing the controversy in the UK about the future of the FM sector.

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July 4, 2018

Staff at larger organisations take three times as many sick days as those at micro firms

by Sara Bean • News, Wellbeing, Workplace

Employers with over 250 employees are more likely to have a significant absence issue among staff says new research from Group Risk Development (GRiD). According to HR decision makers companies with over 250 employees have the highest absence rates – averaging 7.5 days per year yet micro businesses with between 1-9 staff only see their staff take an average of 2.8 days absence per year. Five per cent of HR decision makers also admitted to not recording or monitoring absence at all, although this is more prevalent amongst SMEs (6 percent) than those with over 250 employees (1 percent). (more…)

July 4, 2018

New study flags health and wellbeing risks for the self-employed

by Neil Franklin • News

The Good Life Report, a study by AXA Business Insurance into Britain’s boom in self-employment, claims that tradespeople have better than average mental health but their work style brings increased physical risks, particularly high blood pressure. According to the AXA study of self-employed people, those in the building trades report the best mental wellbeing. Just eight per cent say their work causes them stress – four times lower stress rate than among UK workers overall, and half the stress rate for self-employed people in desk-based jobs.
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July 3, 2018

Call for action within the built environment to help meet sustainable development goals

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

Built environment organisations are calling for urgent action on issues such as consumption, innovation and infrastructure to prevent the UK slipping behind other nations on poverty, equality and the environment as a new report released today (3 July 2018) highlights the UK’s inadequate performance against the United Nations Sustainable Development Goals (SDGs), including those for the built environment. The report, Measuring up, from the UK Stakeholders for Sustainable Development (UKSSD), is the first comprehensive assessment of the UK’s performance against all 17 SDGs and highlights a significant danger that quality of life in the UK will worsen if action is not taken. Just some of the findings of the report include; that the UK is performing well (green) on only 24 percent of its targets; no industry, innovation and infrastructure targets have achieved a ‘good’ performance rating, with gaps in policy coverage and inadequate or deteriorating performance and large scale, sustained investment in replacing ageing infrastructure and creating additional resilient and low carbon infrastructure of all kinds is required.