Search Results for: business

October 28, 2015

UK firms turn to flexible working and wellbeing to bridge productivity gap ⁰

by Mark Eltringham • Flexible working, News, Wellbeing, Workplace

It’s not just larger organisations and governments that are having to grapple with the UK’s persistent ‘productivity puzzle’ but also smaller businesses who are increasingly turning to flexible working and other people centric initiatives to address the problem. That is one of the main findings of a new report from trade association Group Risk Development (GRiD). According to their survey, nearly a quarter of employers (23 percent) believe productivity is an issue facing their business. According to the office for National Statistics (ONS) this is a common problem across the entire UK economy as output per hour is stubbornly around 20 percent below the average for all G7 economies. This is the widest gap ever recorded and, according to GRiD is driving employers to seek ways of addressing their own shortfall with flexible working and wellbeing initiatives as well as investment in new equipment and technology.

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October 28, 2015

What Shakespeare’s Henry V can teach us about flexible working

by Julia Johnston • Comment, Facilities management, Flexible working

Why are so many of us preoccupied with the status that having an office brings? They say it’s lonely at the top. Well, that loneliness often starts with the social exclusion of being in an office. Why would you not want to be in with the in-crowd, to be with your own team of people and the go-getters who are making a difference to your organisation? Why not be where the action is at the working coalface of your organisation? Stuck in your office, you can feel like a kid in the corner of the playground, wondering what the others are whispering about. Some of us want an office because we believe it shows our peers that we have made it; that we have reached the upper echelons of our corporate management structure and become an acknowledged achiever. We want an office so that we can preen to others, but that doesn’t automatically make for better managers, leaders or companies.

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October 27, 2015

OECD report urges firms to use Big Data analytics for growth and wellbeing ⁰

by Mark Eltringham • Facilities management, News, Technology, Wellbeing, Workplace

A new OECD report claims that organisations could be doing far more to use the data they and their employees generate to deliver a wide range of social, economic, commercial and personal benefits. In Data-driven innovation for growth and wellbeing, it suggests that governments do more to encourage investment in Big Data and promote data sharing. The report urges countries to act to train more data scientists, reduce barriers to cross-border data flows and encourage investment in business processes to incorporate data analytics. It also claims that few companies outside the ICT sector are changing internal procedures to take advantage of data. This is particularly the case for small and medium-sized companies who face barriers to the adoption of data-related technologies such as The Cloud, partly because they have difficulty implementing organisational change due to limited resources.

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October 23, 2015

Multi office occupiers in the City of London could face millions more in taxes ⁰

by Sara Bean • Facilities management, Legal news, News, Property

Multi office occupiers in the City of London could face an additional tax bill of an estimated £720million thanks to the recent Woolway v Mazars Supreme Court decision, which could allow the Valuation Office Agency (VOA) to assess business rates on a floor by floor rather than the entire area a company occupies, Cluttons has warned. Currently the VOA applies an allowance, or discount in layman’s terms, on substantial accommodation occupied over several floors in a building, subject to the size and specification of areas occupied. Within the Square Mile allowances starts from 70,000 sq ft for Grade A office space, 50,000 sq ft for Grade B and 21,000 sq ft for basic or poor accommodation. However, the Supreme Court’s decision, which contradicts previous case law and the VOA’s current policy, could mean businesses may lose any size allowance on their existing rating assessments.

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October 22, 2015

UK’s digital leaders set to deliver £92 billion boost to economy ⁰

by Neil Franklin • Company news, News, Technology

A new report from Virgin Media Business and Oxford Economics claims that the UK’s ‘Digital Leaders’ are set to use digital technology deliver a massive boost to the UK economy in the very near future. The study of 1,000 companies employing 470,000 people claims that the UK economy could see an increase of 2.5 percent in GDP (£92 billion) and create more than a million new jobs over the next two years. According to the respondents, they had already increased their revenues by 4.4 per cent and reduced costs by 4.3 per cent over the past year by making better use of digital technology, generating an estimated £123 billion contribution to the UK’s economy, equivalent to 3.4 per cent of GDP. In terms of jobs, 44 per cent of executives don’t expect any jobs to become obsolete and, across the economy, companies anticipate hiring 1.1 million employees as a result of digital investments.

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October 21, 2015

Far fewer working women than men receive an annual bonus ⁰

by Sara Bean • Comment, News, Workplace

Nearly three quarters of the UK’s working women don’t receive any form of annual bonus. Glassdoor’s latest UK Employment Confidence Survey found that only 29 percent of women at work receive a bonus, compared to 44 percent of men, which presumably is one reason why 44 percent of men remain positive about the outlook for their employer as opposed to just one in three women. The survey, which is carried out twice a year, also found that over the last six months, nearly half of all businesses in the UK that had made negative changes in the workplace (49 percent) had made employees redundant/and or communicated plans to implement further redundancies. The result is that nearly a third of employees (32 percent) are concerned that they will be made redundant over the next six months, up from 21 percent from the beginning of last year.

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October 17, 2015

Insight briefing + Changing face of office design + Global cities ⁰

by Sara Bean • Facilities management, Flexible working, Newsletter, Public Sector, Wellbeing, Workplace, Workplace design

This week’s newsletter features our first Insight Briefing, produced in partnership with Connection, which looks at agile working in the public sector. Adrian Campbell says office design needs the direct contribution of its most important influencer, the end user; and Mark Eltringham welcomes a new report that debunks the belief that ‘sitting is the new smoking’. Demand for flexible co-working space looks set to soar; investment in commercial property is at its highest level worldwide since 2008, and businesses continue to find the creation of a productive workplace challenging. Sydney leads the world in Activity Based Working according to the Global Cities report; and working parents in the US are reluctant to let employers know how stressed they really are. Visit our new events page, subscribe for free quarterly issues of Work&Place and weekly news here. And follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

October 16, 2015

Sydney leads the way in activity-based working finds global cities report ⁰

by Sara Bean • Facilities management, Flexible working, News, Workplace, Workplace design

If employers want to attract the best, they need to create spaces where their staff want to work, because providing an inspiring and enjoyable office is now the most critical, cost-effective way to successfully attract the world’s most talented employees. Knight Frank’s Global Cities: The 2016 Report highlights a shift in thinking by the newest generation of workers who expect the same kind of environment which historically, was the preserve of technology and media firms. This new office combines collaborative spaces with individual work areas, as well as providing amenities that encourage people to think of work as an extension of home. Sydney is leading the way with just under a third (28 percent) of all offices already offering activity-based working (ABW) for employees, where the workspace is specifically designed to suit the whole range of activities which will be accommodated.

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October 15, 2015

New research uncovers hours lost due to bad tech, meetings and distractions ⁰

by Neil Franklin • News, Technology, Workplace

According to the Productivity at the Office report published this week by comms firm Jabra, UK businesses are continuing to find the creation of a productive workplace challenging. According to the study, although businesses are investing proactively in time and tools for skilled professional office-based staff to effectively collaborate and concentrate with each other, employees continue to face up to 17 different distractions throughout each working day, attend unproductive meetings and struggle to use technology that was originally intended to improve productivity. Amongst the key findings of the report are that 36 percent of respondents think office meetings diminish productivity, 46 percent think noise levels are the most distracting issue in the office and 28 percent are annoyed by too many emails, though 78 percent would rather send an email than make a call to resolve an issue.

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October 14, 2015

Workspace shortage as office to residential rights made permanent ⁰

by Sara Bean • Architecture, News, Property

The British Council for Offices (BCO) has warned that the UK needs to avoid a free-for-all following the government’s announcement it is to make permanent the relaxation of planning rules on the conversion of office to residential properties. According to recent BCO research, changes to the Permitted Development Right for office to residential conversion led to over 6 million sq ft of office space in England being converted to residential use in 2014. Some of the most concentrated commercial property markets have been significantly affected by this. In London, office to residential conversions are now occurring at a faster pace than ever before with 2.7 million sq feet of office space lost to residential conversions since May 2013. London Assembly Member Nicky Gavron questioned the decision to extend the scheme saying that it will reduce the availability of affordable workspace required by start-ups and small businesses in the capital.

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October 13, 2015

Third of employers admit rise in numbers of staff coming to work when ill ⁰

by Sara Bean • News, Wellbeing, Workplace

Nearly a third of employers have reported an increase in people coming to work while they are ill, according to the annual CIPD / Simplyhealth Absence Management Survey. The survey of nearly 600 employers found that 31 percent have seen an increase in ‘presenteeism’ in the last year. It also claims that any increase is likely to be associated with a culture in which working long hours is seen to be the norm and where operational demands take precedence over wellbeing. Employers that have noticed an increase in presenteeism are nearly twice as likely as those that haven’t to report an increase in stress-related absence, and more than twice as likely to report an increase in mental health problems amongst its staff. However, despite this, nearly three-fifths (56 percent) of organisations that have reported an increase in presenteeism haven’t taken any steps in order to discourage it.

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October 12, 2015

How workplace design is more closely reflecting how we actually work ⁰

by Adrian Campbell • Comment, Flexible working, Workplace design

In years gone by, a ‘one size fits all’ approach to office design might have been the norm, but as the decades have progressed, so too have the options available to businesses designing ‘homes from home’ for their office-based workforces. As new interpretations of the office environment proliferated, so the open plan model came to into being and eventually evolved into the default office design model. This initially brought greater variety than ever before but, ultimately, a one size fits all mentality in workplace design ultimately prevailed – every worker was expected to work in certain ways, utilising the equipment and furniture supplied and designed for them. From inception through to occupancy, the average new office involves a six-year period of design and construction involving varying teams of people discussing the best and most attractive solution for the actual end user.