Search Results for: business

September 17, 2015

Growth of on demand economy is transforming work and workplaces ⁰

by Mark Eltringham • Comment, Flexible working, News, Technology, Workplace design

Some of the key characteristics of the workplace of the near future are starting to crystallise pretty rapidly. In many ways, employees are aware of this to a greater extent than employers, legislators and politicians. For example, this week and over recent weeks Uber has been arguing in courts around the world that its drivers are not employees but are in fact self-employed. This is the shape of things to come. In the UK, around a fifth of the workforce is already freelance or self-employed, something which politicians like to misinterpret as small business, possibly because it makes them look better because they associate it with entrepreneurialism and the prospects of these firms employing other people. The idea this is simply not the case is supported by a new report from software provider Intuit which claims that just 13 percent of British workers think they will be in traditional employment in 2025.

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September 16, 2015

Employees exhausted by a culture of continuous change at work ⁰

by Sara Bean • News, Workplace

A culture of continuous change may be standard practice within larger organisations, but it can have a negative effect on employees, a new report claims. The seven-country Liquid Change Survey of senior executives at large corporations, commissioned by Ketchum Change, found that some leaders are unaware of the effects of so-called change fatigue, despite their employees struggle to keep up. Among partners and board-level executives, only 28 percent think change fatigue is highly prevalent. The survey suggests that to succeed in an environment of continuous change, a more collaborative approach must replace the old top-downmodel. Outlining a clear strategy and goals (43 percent) and engaging with leaders across the organization to co-create the new environment (41 percent) were cited as the most effective ways to get leaders to believe in and actively lead through change.

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September 16, 2015

Many SMEs know how staff contribute to growth but still ignore their wellbeing ⁰

by Mark Eltringham • News, Wellbeing

The owners and managers of British small businesses understand that employees are critical to their success but a surprisingly large proportion believe that their health and wellbeing is not something that should be a concern for the firm. That is the main claim of a new survey from healthcare provider Bupa. According to its study of 500 small business owners and directors, two thirds (63 percent) agree that employing the right people is critical to the growth of the business in its early stages. Yet, less than half (46 percent) believe employee health and wellbeing will play a key role in their future growth strategy. This is in spite of the fact that three quarters (76 percent) of SMEs who have had an employee take a long sickness absence reported a significant impact on the growth of their business. Meanwhile, nearly half (46 percent) believe even an early short-term absence would have had an adverse effect.

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September 14, 2015

Staff already dreading the advent of Gen Z at work, claims report ⁰

by Mark Eltringham • Wellbeing, Workplace

If, like us, you’ve grown tired of the endless media focus on Generation Y and its often unfair portrayal based on a clump of stereotypes, then brace yourself. Generation Z, defined as people currently under the age of 19, is now entering the workforce and, according to a new study commissioned by Ricoh Europe, the three demographics it will join at work are dreading it. Nearly two thirds (63 percent) of Baby Boomer, Generation X and Generation Y employees surveyed in in Europe, Middle East and Asia say they expect workplace tensions to increase with the arrival of a fourth generation and half (52 percent) say their employers are already failing to meet the needs of different generations in the workplace. More positively, there was almost universal agreement (89 percent) amongst the 3,300 respondents that a diverse workforce is an asset to a business.

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September 12, 2015

Productivity myths + Gen Y shun London + Wellness & Work ⁰

by Sara Bean • Environment, Facilities management, Flexible working, Newsletter, Wellbeing, Workplace

In this week’s issue; Mark Eltringham says when it comes to productivity, not everything at work is a motivator and lists five ways your colleagues might be driving you mad. Researchers say that green cities could result in global savings in the trillions; the allure of London for Generation Y appears to be fading; and business leaders in the Capital are concerned about retaining employees and improving the infrastructure. The number of people working excessive hours in the UK increases by 15 per cent since 2010; US workers admit that that when they need to get important work done, they avoid the office completely; and wellness policies are overlooking the effects of the workplace on health. Check out our new events page, subscribe for free quarterly issues of Work&Place and weekly news here., You can follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

September 11, 2015

London’s allure for Millennials is less than it was, claims report ⁰

by Mark Eltringham • Flexible working, News, Workplace

The allure of London for Generation Y appears to be fading, according to a new report from Lloyds Commercial Banking. According to the study of 200 Millennials and 400 SMEs, the most talked about Generation appears increasingly happy to work for a small firm, wherever they are located. The survey claims that relocating to London is not on the agenda for half (51 percent) of Millennials, who would be happy to move anywhere for the right job. Over a third (35 percent) don’t want to move away from home, while less than a tenth (eight percent) insist they will only work in the capital – which the report claims is good news for SMEs located outside of London (assuming they want to employ Millennials in the first place, obviously). According to the report, location ranked seventh on the list of factors that would attract Millennials to a business.

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September 10, 2015

Five ways in which your colleagues might be driving you completely nuts ⁰

by Mark Eltringham • Comment, News, Wellbeing, Workplace

It’s always worth reminding ourselves that while a well designed workplace and favourable working conditions are very desirable prerequisites of a good job, what really makes work enjoyable and what really makes a great culture are the people with whom we work. This simple fact is one reason why some people are happy in poorly designed offices full of all the things that supposedly make them unhappy and unwell, while other people can be miserable in airy, daylit, tastefully furnished corporate palaces. Just as Peter Drucker once said that culture eats strategy for breakfast, we also know that it washes it down with a piping hot mug of office design. Culture is defined in large measure by the people around us, it can be they who determine how much we enjoy work. Here are just five ways they can drive us nuts based on recent data.

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September 10, 2015

Cycling to work better for motivation than bus, car, rail or tube ⁰

by Sara Bean • Cities, Environment, Facilities management, News, Wellbeing

The naming and shaming of Britain’s most overcrowded trains in a new report from the Department of Transport highlights the uncomfortable journey many workers have to endure every day. This is why a significant number of commuters long to be cyclists, according to recent research from Aviva, which found more than half of those who cycle to work said they arrive refreshed after their commute. Just 1 in 10 car and bus users claimed the same thing and that figure dropped to 1 in 20 for train and tube passengers. Almost a quarter of cyclists (24 percent) also reported feeling motivated after their typical commute, scoring higher than any other common form of commuting, including walking. This is double the proportion of bus passengers (12 percent) who claimed that their commute improved their motivation levels, and triple the proportion of drivers (8 percent) and four times the proportion of train and tube users (6 percent).

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September 10, 2015

Shared office ruling could cost Scottish firms millions more in rates ⁰

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

Large firms that occupy several separate floors in a prime office may need to pay tens of thousands of pounds more in rates, property managers have been warned. The decision by the UK Supreme Court on business rates in shared office buildings will lead to higher fees for many businesses in Scotland, according to commercial property experts at Colliers International. The firm says that the case of Woolway Valuation Office v Mazars, in which the Supreme Court held that businesses occupying space across several floors should pay separate rates for each, will lead to changes in valuations across the country that will cost firms millions of pounds. Up until now, such arrangements were charged as a “single occupation” and benefited from economies of scale. Paying for two separate sets of rates is likely to be more expensive, and the court decision even allows for the changes to be implemented retrospectively.

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September 9, 2015

London firms optimistic, but want improvements to infrastructure ⁰

by Sara Bean • News, Property, Workplace

The number of firms planning to expand in London is at its highest level (50 percent) since 2012, though retaining employees and improving the capital’s infrastructure remain key concerns. According to the re-launched CBI/CBRE London Business Survey, over half of companies (55 percent) are increasing head counts, although three in five firms (60 percent) only hire where essential. London firms’ optimism has rebounded from last year, with almost half of companies (47 percent) feeling more positive about the UK’s economic prospects in the next six months – reversing the steady decline seen since the first quarter of 2014 – and 40 percent feel more positive about business prospects. Nearly four in five businesses (76 percent) highlighted improving the capital’s transport infrastructure as the number one issue the new Mayor of London must get down to tackling when they enter City Hall next year.

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September 9, 2015

‘Climate smart’ cities could generate global savings of $17 trillion ⁰

by Mark Eltringham • Cities, Environment, Facilities management, News, Technology

Newly published research claims that investing in public and low emission transport, building efficiency, and waste management in cities could generate worldwide savings of US$17 trillion by 2050. The Global Commission on Economy and Climate, an independent organisation comprising former finance ministers and leading research institutions from Britain and six other countries, found climate-smart cities would spur economic growth and a better quality of life – at the same time as cutting carbon pollution. These investments could also reduce greenhouse gas emissions by 3.7 Gt CO₂e per year by 2030, more than the current annual emissions of India. With complementary national policies such as support for low-carbon innovation, reduced fossil fuel subsidies, and carbon pricing, the savings could be as high as US$22 trillion according to the report.

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September 9, 2015

Wellness policies often ignore the role of the workplace environment ⁰

by Mark Eltringham • News, Wellbeing, Workplace design

A new meta analysis compiled by researchers from Harvard Business School and Stanford University raises questions about the way Government and organisational policies designed to tackle the problems of work related health costs in the United States have largely ignored the health effects of ‘psychosocial workplace stressors’ such as high job demands, economic insecurity, and long work hours. The analysis of 228 existing studies assessed the effects of ten workplace stressors on four specific health outcomes. The researchers claims that job insecurity increases the odds of reporting poor health by about 50 percent, high job demands raise the odds of having a diagnosed illness by 35 percent, and long work hours increase mortality by almost 20 percent. They argue that any policies designed to address these issues should account for the health effects of the workplace environment.