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Show us the money. Increasing pressure for ROI on talent management initiatives

Show us the money. Increasing pressure for ROI on talent management initiatives

Talent management is an integral part of the Human Resource role, but now HR professionals are being asked to provide some financial evidence. Four out of five (82%) of HR professionals are under increasing pressure to clearly demonstrate the financial return on investment of staff development a global study by Right Management has found. Although two thirds (65%) of UK-based senior HR executives believe that they are already highly effective at measuring the impact of their talent management initiatives, 85 per cent said that they are under rising pressure to demonstrate the outcome of these initiatives in monetary terms. (more…)

RICS reports most positive construction sector activity for six years

 RICS reports most positive construction sector figures for six years

The UK construction sector finally seems to be turning a corner with new projects beginning to rise in almost every part of the country, according to the latest RICS construction market survey. During the second quarter of this year a net balance of 21 per cent more surveyors reported rises in workloads, the most positive reading in over six years. While consistently falling activity has meant that projects are still generally speaking thin on the ground, this upturn suggests that the worst could now be over for the sector. (more…)

Facilities Show and Facilities Management Association confirm event partnership

Facilities Show Team at ExCeL

The Facilities Management Association (FMA) has signed an exclusive partnership agreement with the organisers of Facilities Show that will see the two organisations collaborate closely for the 2014 event when it moves to London’s ExCeL. The terms of the partnership with organisers UBM Live, will see the FMA continue to play an integral role in the development of the show by once again hosting the FMA Pavilion, a central meeting and networking hub for its members including many of the major TFMs.

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Green shoots detected for UK regional office rental markets

Signs of recovery in UK regional office markets

There is evidence of improving fortunes for the UK’s regional office markets, latest figures suggest. CBRE has revealed national rental value grew by 1.7 per cent over the second quarter of this year with offices across all UK regions performing well, and none recording a drop in rents. The highest rate of rental growth over the last twelve months, as we reported earlier this month remains that of Central London at 5 per cent (and 1.7 per cent for the last quarter), but a number of the regions outside London and the South East have started to record rental growth for prime offices, whereas until recently the general trend has been down.

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Keep up! new “megatrends” could have dramatic impacts on the world of work

new megatrends could have dramatic impacts on the world of work

We are all aware to some extent or other of the ways in which work has changed significantly over the past few decades, but are employers sufficiently aware of, or prepared for, the future trends that will shape the way we work and the performance of our organisations and economies into the future? This is the question posed by HR body the CIPD in a major new discussion document Megatrends: The trends shaping work and working lives” as it launches a debate on the “megatrends” that are likely to shape the world of work, the workforce and the culture and organisation of workplaces over the next decade.

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FMs must overcome engagement barriers to sustainability implementation

Engagement still barrier to successful sustainability implementation

There is overwhelming support for sustainability to be embedded into business operations, but still some challenges in its successful delivery, according to the 7th annual Sustainability in Facilities Management survey from the British Institute of Facilities Management (BIFM).  Of the top five barriers to implementation success, three related to engagement; engagement overall, amongst senior management and middle management. The report also found that many FMs are not targeting the areas of highest priority relating to behaviours or processes which have the highest impact, but tend to focus on technologies. (more…)

Smartphone presenteeism gives a whole new meaning to BYOD

Phone checkWhile we may have grown accustomed in many ways to the world’s addiction to connectivity, and even expressed our own frustration that people are more interested in the contents of their phones than us, things are clearly going way too far if you believe the news that nearly 1 in 10 Americans have confessed to using their smartphones while having sex. While that may be extreme, the manifestation of this addiction is now routine with nearly three in four smartphone users surveyed by Harris Interactive for the Jumio 2013 Mobile Consumer Habits survey admitting that they are rarely more than five feet away from their devices.

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Corporate Real Estate executives predict strong global economic outlook

The global economic outlook is strong for the second half of 2013, while the prospects for corporate growth and expansion are also increasing, according to the views of corporate executives surveyed in June for the new CoreNet Global Confidence Index. Nearly two-thirds (62.5%) rated their outlook on the global economy for the coming six months as optimistic to very optimistic, compared to a year ago. Most (72.4%) reported the likelihood that flexible, open workplace strategies will increase, while space per work setting and/or work settings per supported worker will be reduced.

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RSA report claims untapped flexible working benefits of £8bn for the UK

Flex Work_0000The latest salvo in the battle to get Britain to adopt even more flexible working comes in a report that carries more weight than some because it is not solely the work of a technology company but sponsored by the Royal Society for the Encouragement of Arts, Manufactures and Commerce (RSA). True, it’s co-sponsored by Vodafone but that is the way of these things. The RSA study estimates that flexible working practices shaped around the personal circumstances of the individual and designed to minimise the routine grind of commuting could give people around 5 more hours per week in which to work.

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Work pressures mean over half of managers plan to work on holiday

Work pressures mean over half of managers plan to work on holiday

BYOD are either an aide to productivity or fuel unhealthy levels of presenteeism, depending on which piece of research you believe.  In a survey (by mobile comms supplier) Citrix, 24 per cent of managers think that using BYOD while away from the office is the best way to avoid the average 25 per cent drop in productivity suffered by smaller businesses during the holiday period. This is borne out by data from the Institute of Leadership & Management (ILM) which found an overwhelming 80 per cent of managers check their Blackberries or smartphone on holiday, a third (33%) checking in every day, and 54 per cent feel compelled to work while on leave. (more…)

EU opens consultation on reducing the environmental impact of buildings

Report urges EU and members states to use design for public good

The European Commission is gathering views on how to reduce the environmental impacts of buildings. The consultation will focus on resources such as materials (including waste), water and embedded energy and aims to address resource use and related environmental impacts throughout the life-cycle of buildings, from the extraction of building materials to demolition and recycling of materials. James Drinkwater, Senior Policy Advisor for the Europe Regional Network of the World Green Building Council, welcomed the move: “It is incredibly important that the green building movement gets behind this evolution in building policy, and engages with the Commission on what the right strategic direction is going forward.” (more…)

Fall in sickness absence rates, but mental ill health still major cause

 Sickness absence falls but mental ill health and stress still a problem

Mental health conditions are the single most widespread cause of long-term absence, with more than half (54 per cent) of employers citing non-work related stress, anxiety and depression as a cause of long-term absence. On a more positive note, according to the latest CBI/Pfizer Absence and Workplace Health Survey out today, overall absence from work in the UK has dropped to a new record low. The thirty-year survey found the average absence rate was 5.3 days in 2012, down from 6.5 days in 2010 – saving business £3 billion. However, the report, Fit for Purpose, found overall absences still cost the economy £14 billion a year, according to the ONS. Almost £1.8 billion was lost from an estimated one-in-eight sick days taken for non-genuine reasons, with one in five employers believing employees take “sickies” as an occasional perk. While absence rates in both the public and private sector were down to 6.9 (from 8.1) and 4.9 (from 5.9) days respectively, the report argues more than £1.2 billion a year could be saved if public sector absence levels were brought in line with the private sector average – on top of the £700 million saved from the fall since 2010.

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