Search Results for: business

September 10, 2014

Portfolio working could become the norm in ten years time says KPMG

by Sara Bean • Flexible working, News, Workplace

At last year’s Worktech London, Charles Handy discussed the ascent of the portfolio worker. In a new survey by KPMG, 63 per cent of business leaders agree that portfolio workers will gain mainstream commercial acceptance within the next ten years. But some confusion remains as to just what constitutes a ‘portfolio worker’ as distinct from employees on flexible work schedules or freelancers. Just over a third (35%) of Generation Y respondents understood the term “portfolio workers” but they felt that they were simply freelancers by another name (78%), as did three quarters of the senior executives (76%) and the older respondents (74%). According to the survey portfolio workers differ from freelancers by having contracts in place with a number of different companies simultaneously, with a guaranteed number of hours of work from all during any given period of time. This approach, as Hardy has predicted, looks set to become the new way of work. More →

September 8, 2014

Stress and staff disengagement go hand in hand, claims new report

by Mark Eltringham • News, Workplace

Employees suffering from high stress levels have lower engagement, are less productive and have higher absentee levels than those not operating under excessive pressure, according to research from HR consultancy provider Towers Watson. According to the firm’s Global Benefits Attitudes survey of 22,000 employees worldwide, there appears to be a causal or coincidental link between stress levels and disengagement. The survey found that levels of workplace disengagement significantly increase when employees experience high levels of stress. The research shows that of those employees who claim to experience high stress levels, over half (57 percent) also reported that they were disengaged. In contrast, only one in ten (10 percent) employees claiming low stress levels said they were disengaged and half of this group claimed to be highly engaged. The reasons for high stress levels were also explored in the research. Inadequate staffing was the biggest cause cited by employees with over half (53 percent) naming it as a top cause of workplace stress.

September 4, 2014

London ranked the best city to invest in major office refurbishment

by Sara Bean • Facilities management, News, Property, Workplace design

London offers the best returns on office refurbishment of any city in the world, according to a new report from ARCACDIS. The firm’s survey of buildings more than 20 years old in thirteen cities found that returns on capital invested in major refurbs (which extend the life of the office by up to 20 years) in London were nearly ten percent, significantly higher than second placed Warsaw (7.5%) and Milan (6%). However, London was only ranked second for return on investment in minor office refurbishment, defined as a refurbs that aims to extend the life of the building by up to 5 years. Top place in this instance went to Madrid (9.6%), followed by London (8.5%) and Shanghai (7.9%). The least attractive market for office refurbishment was found to be Dubai, which the report claims is due to the large supply of new office space.

September 4, 2014

The myths and the memes of public sector purchasing waste

by Justin Miller • Comment, Facilities management, Public Sector, Workplace design

There has always been a certain degree of skepticism within the UK’s business community about the way the public sector goes about buying goods and services. Some of it is justified but some is unfair. The efforts of successive governments to address the problem demonstrates that there is always a will to improve things. So while a recent BBC Panorama documentary highlighted claims from one report that the NHS loses billions each year thanks to a range of errors and fraud in its procurement processes, we might also ask whether an equivalent private sector organisation with an annual budget of £109 billion would not also be open to a wide range of eye-wateringly expensive failures and inefficiencies. Unfortunately there is a tendency in the media to want to expose ‘waste’ in public sector purchasing, which can politicise what are perfectly reasonable decisions, when you examine them.

September 2, 2014

Office planting improves workers’ quality of life and productivity finds study

by Sara Bean • Environment, Facilities management, News, Workplace design

Claims by office designers and suppliers that office planting has wider health benefits for occupiers than just making the place look more attractive have been given a boost in a new academic study which provides some empirical evidence. In the first field study of its kind, researchers found enriching a ‘lean’ office with plants could increase productivity by as much as 15 per cent. The study, which involved academics from the University of Exeter; the University of Groningen in The Netherlands, and the University of Queensland, Australia examined the impact of ‘lean’ and ‘green’ offices on staff’s perceptions of air quality, concentration, and workplace satisfaction, and monitored productivity levels over subsequent months in two large commercial offices in the UK and The Netherlands. It concludes that ‘green’ offices with plants make staff happier and more productive than ‘lean’ designs stripped of greenery. More →

August 28, 2014

Third-place workspaces as well as flexible hours are key to success, says workplace provider

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

As the summer holidays draw to an end, many working parents will be appreciative of the benefits of flexible working. Now new research from Regus has highlighted the long-term benefits of agile working in helping employers to attract and retain staff. Prospective employees are increasingly demanding some form of flexi-working deal, while nine out of ten employers report that offering flexible working options – including flexi-location as well as flexi-hours – is proving a highly effective way of improving staff morale and helping them to achieve a better work-life balance. While the workplace provider is understandably in favour of the flexi-location concept, as a provider of ‘third-place’ workspaces, for instance at railway stations, this kind of multi-location working is undoubtably growing in popularity More →

August 20, 2014

Four year surge in the numbers of over-50s and over-65s in UK workforce

by Mark Eltringham • News, Workplace

We keep saying it but forget all the talk about Gen Y, the UK workforce is actually aging and becoming more diverse. New research from Saga shows that the number of employees over the age of 65 has increased by over a third over the last four years and the numbers of those between 50 and 64 has also increased – by nearly a tenth. The proportion of over 65s within the workforce is up from 3.4 percent to 3.6 percent over the same period but there have also been increases in employment in younger age groups meaning the workforce is more diverse. There are now 1.09 million over 65s still in work and around 8 million in the 50-64 age group. The Saga Monthly Employment report, published in partnership with the Centre for Economics and Business Research, also found that older age groups are now just as economically active as younger demographics

August 18, 2014

The CIPD is right to focus on the multi-generational workplace

by Justin Miller • Comment, Workplace, Workplace design

Amongst all the talk about Generation Y and its impact on the world of work, it can be easy to miss the fact that the modern workplace is not defined by one particular generation, but a number of them. The multi-generational workplace has significant implications for the way we design and manage offices. While we must avoid the more obvious stereotypes about the needs of different age groups, we must still offer spaces that can meet a wide range of cultural, physical and technological needs if we are to create productive workplaces.The latest organisation to bang the drum for the multi-generational workplace is the Chartered Institute of Personnel and Development. It has published new research together with the Scottish Centre for Healthy Working Lives into the experiences and attitudes of SMEs towards age diversity at work.

August 12, 2014

Five sectors, one challenge: The importance of high staff morale

by Simon Prince • Comment, Workplace

Ever since the 2008 recession, the economy has been in flux, affecting both small businesses and corporate giants. Yet, despite the uncertain economic climate, many start-up business ventures have not been phased by the challenges it brings. We recently conducted a survey to find out what the biggest challenges small businesses expected to face over the coming year. The survey revealed some interesting results, and led to the creation of five whitepapers suggesting some possible solutions as to how they might consider investing both their time and money to overcome these challenges. Across the five industries taking part in our survey (Health and Fitness, Finance, Technology, Retail and Travel), one of the most prominent challenges faced by SMEs was regarding staffing. Ultimately, each staffing issue related back to keeping employee morale high and, therefore, boosting productivity. More →

August 4, 2014

Two fifths of workers ignore social media bans – and they’re right

by Mark Eltringham • Legal news, News, Technology, Workplace

We all remember the days, not that long ago, when companies actively discouraged the use of personal technology and social media at work. How quickly things change. Now many firms not only want people to use their own smartphones, they pretend that it was their idea all along by labelling it BYOD. Some even measure their employees’ social engagement and judge them on it. Even those firms who maintain policies to restrict the use of social media may be fighting a losing battle according to new research from Samsung Electronics, which found that British employees are most likely to ignore them. But then again, maybe businesses shouldn’t worry about it because a growing body of research suggests that people who use social media tend to be more collaborative and productive at work.

July 31, 2014

Yet another report into the Future of Work that is really about the present

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

Just a few days ago, a survey from Morgan Lovell and the British Council for Offices highlighted the value British workers placed on having somewhere to work, regardless of its drawbacks, privations and distractions. Now a new report from consultants PwC seems to draw the opposite conclusion. Heralded by predictably tedious headlines declaring the office to be dead or dying, The Future of Work: A Journey to 2022 claims that a quarter of the 10,000 people surveyed believe the traditional job will disappear and around a fifth claim to have already had enough of the 9 to 5 in a fixed physical space and would prefer to work in a ‘virtual place’ – which seems to mean anywhere with WiFi. As ever, any report addressing ‘The Future of Work’ is primarily and perhaps unwittingly about the present.