Search Results for: business

About time we simply accepted that coworking and flexible working are the new normal

About time we simply accepted that coworking and flexible working are the new normal

by • Comment, Coworking, Flexible working, Workplace design

Ask someone to list innovative companies which have become notable disruptors in their market and they invariably respond with two names – Uber and Airbnb. That is because both brands are positioned squarely and successfully at the retail consumer: for people who use a taxi or take an occasional short break in a foreign city, they have become the automatic default options. But there is another equally successful business targeting the corporate space, aimed particularly at small businesses and millennial tech start-ups: WeWork. Just like Uber and Airbnb, it is less than a decade old. In that time, WeWork’s ambition of being the world’s leading coworking company has been realised. Championing itself as a disruption revolutionary, it has succeeded more prosaically by ‘creating environments that increase productivity, innovation, and collaboration,’ according to its website. WeWork’s model involves renting office space cheaply via long-term lease contracts. Small units are then re-rented at higher rates to start up companies which are happy to pay a premium because they need very little space.

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Automation will lead to greater inequality rather than job losses

Automation will lead to greater inequality rather than job losses

by • AI, News, Technology

The total level of wages associated with jobs that have the technical potential to be automated in the UK is £290 billion per year, which represents 33 percent of all wages and earnings from labour in the economy, according to a new report published by IPPR  for the IPPR Commission on Economic Justice. The report further claims that low-wage jobs have more potential to be automated than high-wage jobs and so it’s not just automation’s impact on the number of jobs that need to be considered but the impact on inequality. If automation leads to lower average wages or working hours, or loss of jobs in aggregate, a significant amount of national income could be transferred from wages to profits. And while increased automation of activities will replace some workers and labour earnings, employment and wages will rise in other areas of the labour market due to higher output and productivity, offsetting some of the original £290 billion lost but increasing pay inequality.

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UK progress on opportunities for women in the workplace slows

UK progress on opportunities for women in the workplace slows

by • News, Workplace

New PwC research claims that the UK is not making progress fast enough to improve female economic empowerment in the workplace. Despite improvements since 2000, these gains have been outpaced by other countries’ efforts, according to the report. In particular, slow progress in closing the gender pay gap, coupled with a persistent low share of females in full-time employment, has put the brakes on the UK making bigger strides towards gender equality in the workplace. The latest Women in Work Index claims the UK has fallen slightly from 14th to 15th place in a ranking of 33 OECD countries based on five key indicators of female economic empowerment. Although labour market conditions for women improved, the UK was outpaced by better performance from other OECD countries. Since 2000, the UK’s position has improved from 17th place and it compares well to other G7 economies, being second only to Canada. The Nordic countries continue to lead the Index – with Iceland, Sweden and Norway rated as the top three countries for opportunities for women in the workplace.

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Employment law is out of step with flexible work and the changing workplace

Employment law is out of step with flexible work and the changing workplace

by • Comment, Flexible working, Legal news, Workplace

Anyone who works in employment law or HR is certainly living through interesting times. With the removal of employment tribunal fees, litigation over the correct calculation of holiday pay and Brexit planning there is much to keep us busy. In addition, In addition, the impending GDPR is highly topical.  However, for me, the most intellectually stimulating but also practically difficult area to advise on often remains employment status. Put simply, the law is out of date. Legislation drafted in the 1990s, and to some extent based on cases from much earlier, simply does not cut it in an increasingly flexible and developing work place.

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Productivity, retention and employee wellbeing improve when there is workplace trust

Productivity, retention and employee wellbeing improve when there is workplace trust

by • News, Wellbeing, Workplace

Quarter of employees have left their jobs because of a lack of trust

Being in a reliable work environment increases retention, productivity and employee wellbeing, while also promoting a better business culture, finds new research from Bupa. An examination of workplace trust and the impact on employee wellbeing reveals that over half (53 per cent) of employees considered it to be a major factor in whether they stayed or left a company. The research found that nearly a quarter of UK employees (24 per cent) have left their company due to issues around trust. Although trust is not a tangible workplace benefits, such as salary and bonuses, it is an essential variable in promoting harmony and productivity within an organisation and the study suggests how important it is within the workplace, and also the contribution it makes to the wellbeing of employees and the overall performance of a company. The study also asked employees how trust compares to other company benefits. Nearly two thirds (62 per cent) believe that trust is more important than a gym membership or company mobile, while over half value it more than a free canteen (56 per cent) and company car (55 per cent).

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BIFM to change its name to reflect greater focus on workplace issues and pursue chartered status

BIFM to change its name to reflect greater focus on workplace issues and pursue chartered status

by • Facilities management, News

The British Institute of Facilities Management (BIFM) has today announced plans to embrace ‘workplace’ as a key ‘differentiator’ for its members and to help establish facilities management as a chartered profession. The manifesto for change announced by BIFM Chair Stephen Roots, sets out to ‘reposition facilities management, emphasising its ability to make a real contribution to organisations’ performance’. It sets the Institute the ‘twin tasks of helping members to improve their skills and their status to meet the needs of modern organisations, and to raise the profile of facilities management and the understanding of the value it contributes’. The proposed new name is the Institute of Workplace and Facilities Management (IWFM).

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The very idea of good work in a gig economy remains a distant ideal

The very idea of good work in a gig economy remains a distant ideal

by • Comment, Flexible working

Don Lane’s employment contract for his work as a courier described him as an “independent contractor”. This meant he was neither an “employee” nor a “worker”, so not entitled to legal rights such as protection against dismissal, paid holidays, or statutory sick pay. The 53-year-old also suffered from diabetes, and had previously been fined £150 by the delivery firm he worked for for missing work to attend a hospital appointment. He died in January 2018 after working through the Christmas season despite his illness. The following month, the British government revealed its response to an earlier official report on modern working practices and the gig economy. That report, by Matthew Taylor, contained 53 recommendations to improve the working environment, or achieve the report’s title, namely ‘good work’.

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Report outlines the impact of universities on regional economies and entrepreneurship

Report outlines the impact of universities on regional economies and entrepreneurship

by • News, Public Sector

Although universities contribute to one in every hundred new business births in the UK, but 35 percent of universities did not contribute to the production of a single graduate start-up last year, according to a new report from Localis. It claims that while there are pockets of excellence in the way universities support enterprise and entrepreneurship across the country, too many of them are doing too little. Published in partnership with University College London (UCL) and the University of Huddersfield (UoH), the report explores what more can be done to encourage university entrepreneurial activity and its role in local economies.

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Almost a third of UK workers would prefer flexible working to a pay rise

Almost a third of UK workers would prefer flexible working to a pay rise

by • Flexible working, News, Workplace

Almost a third of workers would prefer flexible working to a pay rise

Nearly a third of UK employees would prefer flexible working to a pay rise, with three quarters saying that the option of working flexibly would make a job more attractive to them, claims a new study. The research, conducted by Powwownow found that 75 percent of workers would favour a job that gives their employees the option to work flexibly – up from 70 percent in 2017. A majority, (81 percent) of women say that flexible working would make a job more appealing – with almost half (45 percent) strongly agreeing that they would favour a job that offers flexible working. Male workers also find the option to work flexibly attractive when considering a role, with 69 percent saying that they would view employers who offer flexible working more favourably.  The research also found that Millennials are the most likely to want the option to work flexibly, with 70 percent wishing they were offered it, compared to less than half (47 percent) of over 55’s.

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Nearly a third of UK staff feel disengaged and stressed due to inefficiencies at work

Nearly a third of UK staff feel disengaged and stressed due to inefficiencies at work

by • News, Technology, Wellbeing, Workplace

Nearly a third of UK staff feel disengaged and stressed due to operational inefficiency

Nearly a third (29 percent) of UK workers say that they have become disengaged and a third (33 percent) have gone as far as looking for a new job due to the frustrations of dealing with workplace inefficiencies. Alongside functional frustrations, 50 per cent of the most stressed UK workers said that they felt undervalued by their boss. With 67 percent of them doing more hours in the office, 46 per cent working more on weekends and 56 per cent taking fewer breaks, nearly half (47 per cent) of the most stressed respondents believed, given the opportunity, they could do a better job than their managers. These are some of findings of the Digital Work Survey 2018 which was commissioned by Wrike that highlight frustrations over inefficiencies at work and the worrying impact this is having on how engaged, productive and happy employees are in their roles. Of those who were feeling most stressed, 66 per cent said that over the last two years they’ve seen increased expectations around the speed at which they must deliver work.

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Bisley announces plans to elevate the humble locker

Bisley announces plans to elevate the humble locker

by • Company news, Products

Bisley has launched Bisley LateralFile Lodge, a new range of lockers in response to the increased need within contemporary agile offices for personal, transient and temporary storage space. Bisley’s new range of personal storage provides a timely evolution to this essential element of office design. Key features include:

Power  

Mobile technology is an essential tool for a majority of workers and running out of power can be disruptive. Bisley’s new lockers are powered, making it possible to take a laptop away to a desk, only to be charged again when it goes back in the locker overnight, locked safely away behind a simple barrel lock, digital combination locks or an RFID (Radio-Frequency Identification) lock.

Zoning

A range of seamless back and surface material options such as acoustic performance panels or dry-wipe boards, and the absence of tie bars, results in a slick and contemporary finish.

The aesthetic appeal and multi-use of the of these lockers means that they do not need to be located on the perimeter of the floorplate, but become an integral part of the interior design, zoning spaces, enhancing breakout spaces and encouraging movement amongst employees.

Personalisation        

The ‘hard to reach’ bottom section of the locker stack can be modified to include a retractable personal drawer, maximising its capacity and accessible use. There is also the opportunity to further personalise each locker with business card/photo holders included as standard to increase the sense of ownership and belonging.

Choice and versatility

The range is available in a multitude of sizes (single or double height to suit requirements), colours, finishes and lock type. Planting tubs can be integrated on to the top of the storage units, enabling the incorporation of storage in biophillic workplace designs, increasingly popular due to the proven benefits for the wellbeing of employees. The wide range of aesthetics available for the tops and shelves, and the option of wood finish doors, mean the new locker range can be specified in any design scheme.

Helen Owen, Director of Business Development at Bisley says: “We accept that change is the only certainty in business but human nature will always dictate the need for employees to have a space that they can call their own. Lockers are a simple, effective and efficient way to provide this. The resurgence of the locker as the perfect storage solution for agile, dynamic workplaces, as well as supporting the co-working phenomenon is to be welcomed.”

The full range of lockers can be seen here:

https://www.bisley.com/products/storage/personal/lateralfile

Occupiers incorporating third-party agile space into their real estate strategy

Occupiers incorporating third-party agile space into their real estate strategy

by • Facilities management, Flexible working, News, Property, Workplace design

Occupiers increasingly incorporate third-party 'agile space' into their real estate strategyCorporate real estate departments need to become more effective partners in the agile transformation of their broader organizations., claims a new survey conducted by CBRE, in partnership with CoreNet Global. When describing Portfolio Agility, i.e. the ability to rapidly adapt, scale and reposition the organization’s real estate portfolio to support shifting enterprise needs, 67 percent consider portfolio agility as the most important type of agility for business success, yet only 14 percent consider themselves highly agile in this area. The most prevalent portfolio agility practices included negotiating flexible space options in the lease, seeking shorter and/or more flexible lease terms, supporting an enterprise-wide flex-work program and delivering free address work environments. The report states that new workplace guidelines for efficiency have altered the way companies plan for density and more occupiers are incorporating third-party ‘agile space’ into their overall real estate strategy.

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