Search Results for: business

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.

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September 8, 2015

Over a fifth of working mothers denied flexible hours are forced to quit ⁰

by Sara Bean • Comment, Flexible working, News, Workplace

Discussions about the gender pay gap and increasing the number of women on Boards need to acknowledge that the greatest obstacle to female empowerment in the UK is balancing home and family. Just last week the TUC revealed that many women felt compelled to take time out of work to care for young children while another survey found over half of working women believe they would need to alter their career in order to have a child. Now the latest figures fromthe workingmums.co.uk 2015 Annual Survey show that over a fifth of working mums have been forced to leave their jobs because a flexible working request was turned down. Although the right to request flexible working was extended to all employees last year, this new policy has a less rigid timetable for employers and no statutory right to appeal if a request is turned down.

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September 7, 2015

Carbuncle Cup winner, the ‘Walkie Talkie’ is nearly fully let ⁰

by Sara Bean • Architecture, News, Property

It may have the dubious distinction of being awarded the Carbuncle Cup of the year; but 20 Fenchurch Street in the City of London, better known as the ‘Walkie Talkie’ is now almost 98 percent let. Canary Wharf Group and Land Securities have announced that Castleton Commodities International (“CCI”) has leased the top office floor of the building on a long term lease. With the recent letting of level 31 to credit rating agency DBRS, just 15,000 sq ft of office space remains at the 37 storey building, which has been accused of creating a wind tunnel around its base and has also required alterations to its façade after it was found to be reflecting and magnifying light from the sun onto nearby streets. According to Magesh Nair, CCI’s Chief Operating Officer the building will provide the operational resilience required for its business, and is an “optimal environment for our employees and visitors.”

September 7, 2015

Around 99 percent of ESOS eligible firms have yet to comply, claims report ⁰

by Mark Eltringham • Environment, Facilities management, Legal news

According to a study by Savills Energy, around 99 percent of the firms who are obliged to carry out an assessment of the energy consumption of their buildings, processes and transport as part of a flagship Government assessment programme have yet to do so. Only 152 out of 15,000 eligible organisations have notified the Environment Agency that they are compliant with the ESOS (Energy Savings Opportunity Scheme) Regulations with only three months until the deadline for compliance. Organisations that qualify for ESOS must carry out ESOS assessments every 4 years and identify energy saving measures. Businesses which fail to comply with ESOS could be fined up to £50,000, plus an additional £500 a day, every day the audit remains outstanding. The deadline to provide evidence of a completed audit to the Environment Agency is 5th December 2015.

September 4, 2015

UK surveyors remain slow to adopt BIM despite awareness of risks ⁰

by Mark Eltringham • News, Property, Technology

According to a new survey from the Royal Institution of Chartered Surveyors, around a half (49 percent) of surveyors do not use Building Information Modelling (BIM) on a regular basis, despite the fact that a significant majority (74 percent) have considered the business case and a similar proportion (73 percent) acknowledge that non-adoption will create significant challenges for the UK construction sector. When asked for the reason for non-adoption. around two thirds (68 percent) feel they lack the information to adopt BIM properly, a third (31 percent) claim there is no need for their own firm and a quarter (26 percent) say they lack the technical skills needed for adoption. This is in spite of that fact that over half of all respondents (55 percent) say that they are currently working with architects that use BIM.