Search Results for: business

BCO predicts how Brexit might impact on demand for office space to 2022

BCO predicts how Brexit might impact on demand for office space to 2022

Commercial property occupiers remain cautious about the future, and hard data indicates that demand has, so far, been largely unaffected by Brexit, claims a new report from the British Council for Offices (BCO) . ‘Brexit and its Potential Impact on Office Demand’, examines how Brexit might impact on demand for office space on a national and regional basis through to 2022. According to the report, almost one year on from the Brexit vote the situation is one of uncertainty, feeding through to slower growth, with ‘an almost palpable sense that choppy waters lie ahead, particularly with regard to trade and movement of labour’. However, businesses continue to make long-term investments in the national economy and even in the City, some large investment banks have committed to large new office buildings. There is much variation in the relative performance of the UK’s major office centres, though, with some expanding and others apparently in decline.

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The provision of cycling facilities in offices is failing to meet a growing demand

The provision of cycling facilities in offices is failing to meet a growing demand

The quality of the cycling facilities being offered by many workplaces are currently falling short and risk undermining a Government drive to increase the number of people cycling to work; as according to new research published by the British Council for Offices, 16 percent of office workers claim that inadequate facilities are discouraging them from considering commuting by bike. In April, the Department for Transport stated an aim to double the number of cycling stages, defined as a change in the form of transport as part of a longer “trip” (e.g. cycling to the train station before catching a train to work), from 0.8 billion stages in 2013 to 1.6 billion in 2025. However, new research, commissioned by the British Council for Offices and carried out by Remit Consulting, finds that whilst 83 percent of workplaces in the UK offer some form of bike storage, less than half (47 percent) of this is covered and secure. Improved parking facilities could help increase numbers of those cycling to work, with 16 percent of office workers surveyed saying that better bike storage would encourage them to do so.

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Employee wellbeing rising up UK corporate agenda in comparison to other countries, claims report

Employee wellbeing rising up UK corporate agenda in comparison to other countries, claims report

A study from the Top Employers Institute claims that employee wellbeing in the UK has risen up the corporate agenda with 82 percent of many large companies consistently defining an organisation-wide total wellbeing programme in 2017, increasing from 73 percent in 2016. What’s more, the impact and effectiveness of programmes are evaluated consistently with 71 percent doing so, up from 65 percent last year, while employee wellbeing education has also jumped from 61 percent to 85 percent in the last year. This compares to global Top Employers increasing employee wellbeing programmes from 67 percent to 68 percent, evaluation increasing from 55 percent to 57 percent and employee education increasing from 20 percent to 21 percent in the last year. The data comes from research into 71 companies certified as Top Employers UK for 2016, and 78 companies certified in 2017, plus a further 1,100 globally.

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Employers must prepare for emerging technologies that will reshape work by 2030

Employers must prepare for emerging technologies that will reshape work by 2030 0

Employers should prepare for emerging technologies that reshape society and work by 2030Emerging technologies such as artificial intelligence, robotics, virtual reality, augmented reality and cloud computing, will transform our lives and how we work over the next decade; and by 2030 every organisation will be a technology organisation. As such businesses need to start thinking today about how to future-proof their infrastructure and workforce, according to a report published by Dell Technologies. The research, led by the Institute for the Future (IFTF) alongside 20 technology, academic and business experts from across the globe also offers insight on how consumers and businesses can prepare for a society in flux. ‘The Next Era of Human-Machine Partnerships’ forecasts that emerging technologies, supported by massive advancements in software, big data and processing power, will reshape lives. The report predicts that an estimated 85 percent of jobs in 2030 haven’t been invented yet. The pace of change will be so rapid that people will learn “in-the-moment” using new technologies such as augmented reality and virtual reality. The ability to gain new knowledge will be more valuable than the knowledge itself.

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The world has its say on the Taylor Review into modern working practices

The world has its say on the Taylor Review into modern working practices 0

Yesterday, the much-awaited Taylor Review into modern working practices was finally published. And by modern working practices, the report focussed primarily on what has become known as the gig economy. People have been speculating about the contents of the report for months and things ramped up last week after a partial leak to the media. So, things were already bubbling under nicely before the actual publication of the document brought things to a boil yesterday. Assuming the government do more than kick the whole thing into the long grass, always a possibility, debate will continue for a while. We’ll let politicians do their thing with it, but here are a few of the initial reactions from interested parties and the experts. (more…)

Remote workers should not be out of sight, out of mind when it comes to wellbeing

Remote workers should not be out of sight, out of mind when it comes to wellbeing 0

Line managers who supervise distributed or remote workers should look after their wellbeing and manage the risks they face, a new study recommends. Nearly half of all workers in Western Europe (129.5 million) spend at least some time working away from a main office or location, a number that seems to be increasing. With limited regular face-to-face contact, problems accessing safety and health resources, and having more than one place of work – where risks might be harder to predict and control – managing the health and safety of distributed workers presents significant challenges. Findings, advice, case studies and practical resources published by the Institution of Occupational Safety and Health (IOSH), which sponsored this work by researchers from the University of East Anglia (UEA), Kingston University London and Affinity Health at Work, show the vital roles managers have in helping assure their remote workers’ safety. Out of Sight, Out of Mind explores existing research, leadership styles and models, elements of management and communication, and direct contact with safety and health practitioners.

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Taylor Review on Modern Working Practices and the gig economy is published

Taylor Review on Modern Working Practices and the gig economy is published 0

The long awaited UK government commissioned report into modern working practices and the so-called gig economy has been published at last. The Taylor Review was commissioned by the Department for Business, Energy & Industrial Strategy last year and there has been a great deal of speculation regarding its content ever since, especially last week after parts were apparently leaked to the media. You can follow the pile in now on Twitter and the festering pits of ignorance, prejudice and bile known as newspaper comment sections. Or you can read it here before you draw your own conclusions. We’ll be having our say tomorrow and sharing the thoughts of various organisations into its contents. The report was authored by Matthew Taylor, Chief Executive of the RSA and considers the implications of new forms of working, especially with regard to the gig economy and freelance work on worker rights and responsibilities, as well as on employer freedoms and obligations. It sets out seven key principles to address the challenges facing the UK labour market, set out below.

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Creativity is the new productivity in the modern era of work and workplaces

Creativity is the new productivity in the modern era of work and workplaces 0

Creativity is often thought of as a quality unique to artistic geniuses. When in reality, it is present in all of us, and something that can be enhanced and nurtured, given the right tools and environment. Creativity is the innate human ability to generate ideas, solve difficult problems and exploit new opportunities — it is the fuel for innovation. Many of today’s most pressing business problems require creative thinking to solve them, and creativity is an essential ingredient for business growth. However, 77 percent of CEOs name creativity as their company’s number one skill shortage (20th CEO survey, PWC, 2017). Being agile is critical in a world that is changing rapidly, with disruptive technology, globalisation and an increasingly complex landscape all playing a part. More than ever, supporting creativity at work is an essential part of driving value for both businesses and society. In days gone by, instead of focusing on their organisation’s creative output, most business leaders were obsessed with near-term goals such as productivity, efficiency, cost-cutting and reducing waste. But the landscape has shifted and creativity is emerging as an important dimension of productivity.

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Majority of employers fear lack of sufficiently skilled people to meet tech challenges

Majority of employers fear lack of sufficiently skilled people to meet tech challenges 0

Majority of employers fear a lack of skilled staff to meet increased need for talentThree quarters (75 percent) of businesses expect to increase the number of high-skilled roles over the coming years, but 61 percent fear that there will be a lack of sufficiently skilled people to fill them. This is according to the 2017 CBI/Pearson Education and Skills Survey which highlighted that 62 percent see strong competition for candidates with appropriate qualifications as the most widespread cause of skills shortage, followed by a lack of candidates with appropriate qualifications (55 percent). According to the report, while the Brexit debate generates plenty of heat, ‘it’s the white heat of technological change that will mean huge change to the jobs of 2030’. Add that to the obvious question about what skills we’ll need to ‘home grow’ in the absence of free labour movement, and the skills gap is brought into sharper relief argues the report.

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Long commutes are major source of poor health and low productivity

Long commutes are major source of poor health and low productivity 0

Long hours spent commuting to work are some of the main causes of poor health and low productivity, according to a large-scale study from the Britain’s Healthiest Workplace index, a joint venture between insurer VitalityHealth, the University of Cambridge, RAND Europe and Mercer. According to the study of more than 34,000 workers, people commuting less than half an hour each day to get to work gain an additional seven days’ worth of productive time each year compared with those with commutes of 60 minutes or more. Longer commutes also appear to have a significant impact on mental wellbeing, with workers who have a long commute 33 percent more likely to suffer from depression, 37 percent more likely to have financial concerns and 12 percent more likely to develop various forms work-related stress. These workers are also 46 percent more likely to get less than the recommended seven hours of sleep each night and 21 percent more likely to be obese. The research suggests that offering flexible working is the best way to mitigate the negative effects of commuting.

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Three quarters of managers are happy to allow staff to work flexibly to watch Wimbledon matches

Three quarters of managers are happy to allow staff to work flexibly to watch Wimbledon matches 0

According to a survey from the Institute of Leadership & Management a majority of workplaces are dealing with the summer of sport, by using flexible working to accommodate people’s enthusiasms. Based on a small sample size of around 200 organisations, three quarters (75 percent) of managers would allow staff to watch or listen to sporting events in the office. Staff wellbeing (28 percent) and lower absences (25 percent) are seen by managers as the two biggest benefits in allowing staff to watch or listen to sporting events in the office, according to the study. 78 percent said holiday clashes leaving too many employees off was the hardest aspect of managing staff over summer. The survey claims that 45 percent of managers see sporting events as a tool to boost staff morale. ‘Dress down Fridays’, flexible working hours and picnics were other popular methods. The study also found that managers believed allowing sport to be watched in the office means less absence due to sickness.

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Flexible and family friendly workplaces across the UK named in charity’s awards

Flexible and family friendly workplaces across the UK named in charity’s awards 0

Britain’s most family friendly and flexible employers have been recognised in this year’s Top Employers for Working Families Awards. Now in their 8th year, the annual Top Employers for Working Families Special Awards from the UK’s work life balance charity cover 11 categories across a range of work life policies and practices. Four new sector-specific awards are being introduced this year for the private, public and third sectors; as well as a category for small employers. Sarah Jackson OBE, chief executive of Working Families, said: “In many ways, flexible working and family friendly working have never been more part of the bloodstream of British business. We had a record-breaking number of entries this year, showcasing a wealth of exciting approaches to creating agility in the workplace. Congratulations to all this year’s Top Employers for Working Families award winners, singled out because they offer leading flexible workplaces that support the grain of their employees’ lives. I look forward to working with them to make work work, for people, families and the economy, so that families thrive and business prospers.”

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