Search Results for: change

Number of CEOs with technical background grows to meet demands of digital economy

Number of CEOs with technical background grows to meet demands of digital economy 0

Growth of the digital economy

The number of CEOs from a financial background is falling as firms put more sway into technology skills, a new report claims. The annual Robert Half FTSE 100 CEO Tracker shows that in the last four years the number of CEOs with a technology background trebled as businesses prepare to compete in an increasingly digital economy. In 2014, only three CEOs had a background in technology while today this number has increased to 11. There is a also a generational shift occurring in the FTSE 100, with just eight CEOs under the age of 50 on the FTSE 100, a quarter less than in 2010 when there were 33 CEOs under the age of 50. The typical age of a CEO is 55 years old and the average tenure is five years and two months. While a majority of CEOs still have a background in finance, this figure has fallen to 43 percent from 55 percent last year and the lowest level in three years. Of those CEOs with a financial background, nearly half (19 percent) are Chartered Accountants.

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Scotland needs to develop new skills as era of automation threatens half of jobs

Scotland needs to develop new skills as era of automation threatens half of jobs 0

Urgent reform is needed to deal with the rise of automation, which threatens half of Scottish jobs, a leading think-tank has warned. The stark warning comes in a new report from IPPR Scotland, supported by the JPMorgan Chase Foundation. Scotland’s Skills 2030 outlines the need to reskill Scotland’s workforce for the world of work in 2030. The study claims that 46 percent of jobs in Scotland – or 1.2 million – are at high risk of automation up to 2030 and beyond. It suggests that Scotland’s skills system needs to “retrofit” the workforce with the skills to be ready for technological change – 2.5 million adults in Scotland today (or 78 percent) will still be of working in 2030, report adds.

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Property developers welcome extension of office to residential conversion rights

Property developers welcome extension of office to residential conversion rights 0

Three quarters (74 percent) of property developers expect to see an increase in the number of conversions of under-used office buildings into new homes over the next two years as a result of the government’s decision to extend property development rights (PDR) legislation. Of these, nearly a third (30 percent) of developers expects to see a significant growth in PDR-related conversion schemes. This is according to a small study commissioned by Amicus Property Finance. More than two thirds (69 percent) of property developers welcome the PDR extension, which was designed to enable thousands of new homes to be built by making use of neglected industrial and office property while preserving the green belt. In the UK between July 2015 and June 20163, a total of 1,066 office to residential permitted development applications were permitted with prior approval not required and a further 1,480 applications granted with prior approval.

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Brexit bonfire unnecessary as employers back the UK’s existing employment rights

Brexit bonfire unnecessary as employers back the UK’s existing employment rights 0

No Brexit bonfire

UK employers do not believe a bonfire of employment law is necessary under Brexit, as negotiations over the country’s departure from the EU begin. According to new research by the CIPD and the employment law firm Lewis Silkin, employers back the UK’s existing employment rights framework with all twenty eight areas of employment law rated as necessary by a majority of employers. In the survey of more than 500 employers, organisations were asked whether they viewed more than twenty different aspects of employment law as necessary or not. The list included unfair dismissal laws, rated as necessary by 93 percent of businesses, as well as national minimum wage (87 percent), parental rights at work (82 percent), agency workers laws (75 percent) and the Working Time Regulations (74 percent). The research, which looked at a wide variety of employment laws and practices, also found more than half (52 percent) of employers go beyond the legal minimum requirements when implementing employment law.

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Employee freedom and self-regulation is the key to successful home working

Employee freedom and self-regulation is the key to successful home working 0

Employee freedom and self-regulation is the key to successful home working

The lazy assumption that employees who work from home are invariably shirking work is gradually dissipating, as flexible working becomes part of accepted working practice. Now new research suggests that to really get the best from their home workers, employers need to treat them as responsible adults who can actually be trusted. A new study, conducted by Nick van der Meulen of Rotterdam School of Management, Erasmus University (RSM) has revealed that job performance in working from home is driven by employee self-regulation and decision-making freedom rather than previous beliefs that it was achieved through managerial or peer control. In fact, any suggestion of shirking is erased by the evidence of a positive relationship between the extent of telework and number of hours worked. On average, full-time teleworkers perform just as well as those who do no telework at all — even under conditions of infrequent communication with the manager, low peer performance monitoring, and no outcome reward systems.

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Government should end bogus gig economy jobs, claims parliamentary report

Government should end bogus gig economy jobs, claims parliamentary report 0

Companies operating in the gig economy and relying on supposedly self-employed workers are denying workers their rights and freeloading on the welfare state, according to a new report from The Commons Work and Pensions Committee. The report cites what it calls “appalling practices” in its inquiry into self-employment and the gig economy. The committee said the numbers of self employed had grown to 5m, or 15 per cent of all UK workers in recent years, fuelled in large parts by the firms like Uber and Deliveroo, whose business models rely on a largely self-employed workforce. In its report the Work and Pensions Committee says Government must close the loopholes that are currently allowing “bogus” self-employment practices, which are potentially creating an extra burden on the welfare state while simultaneously reducing the tax contributions that sustain it.

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BIFM issues new guidance for FMs on managing the transition to agile working

BIFM issues new guidance for FMs on managing the transition to agile working 0

New guidance on managing the transition to agile workingNew guidance to help facilities managers manage the transition to agile working within their organisation has just been published by the British Institute of Facilities Management (BIFM). The Agile Working Change Management Guidance Note is aimed at FMs working at a senior and/or operational level and covers the benefits of agile working and how to successfully plan and implement an integrated approach to deliver sustainable change in working behaviour. Agile working describes a range of work settings that allow people and organisations to make new choices about when, where and how they work. It is underpinned by mobile technology and applies to people working both in and away from the traditional office, such as at home, on the road or remotely in other locations. BIFM’s research and information manager Peter Brogan said: “As an Institute, we recognise the importance of the workplace agenda for FMs and this newly commissioned Guidance Note aims to address the current lack of knowledge around some of the emerging workplace practices.”

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Best workplaces in London honoured by British Council for Offices

Best workplaces in London honoured by British Council for Offices 0

The British Council for Offices has announced the six winners of regional property awards for London and the South East of England. The winning entries, announced at a lunch at the Park Lane Hilton were Sky Central (main image), 8 Finsbury Circus, The Estée Lauder Companies, 20 Eastbourne Terrace, 67-71 Beak Street and Sea Containers House by BDG architecture + design. The prestigious BCO awards programme claims to recognise ‘the highest quality developments and sets the standard for excellence in the regional and national office sector.’ The winner of the Best Commercial Workplace was 8 Finsbury Circus while Sky Central took home the prize in the Best Corporate Workplace Category.

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BCO launch new research project into health and wellbeing in offices

BCO launch new research project into health and wellbeing in offices 0

BCO launch new research project into health and wellbeing in officesA major research study into Health and Wellbeing in offices has been launched by the British Council for Offices (BCO). “Wellness Matters: Health and Wellbeing in offices and what to do about it” is a year-long project which aims to provide definitive guidance on how to enable office Health and Wellbeing across a building’s lifecycle. The major research study has been commissioned to critique existing Health and Wellbeing measurement and certification, identify the most recent and relevant medical evidence justifying a proactive approach to Health and Wellbeing in the built environment, and give guidance on the business case for investment in this space beyond simply improving productivity. Most significantly, this research aims to deliver a practical guide to creating a healthy environment across the different stages of a building’s life cycle, from design, construction and leasing to the most important aspect by time and value: occupation and asset management.

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Study confirms effect of workplace autonomy on wellbeing and job satisfaction

Study confirms effect of workplace autonomy on wellbeing and job satisfaction 0

New research into workplace culture has found that employees with higher levels of autonomy in their work reported positive effects on their overall wellbeing and higher levels of job satisfaction. Researchers at the University of Birmingham Business School examined changes in reported well-being relative to levels of autonomy using two separate years of data for 20,000 employees from the Understanding Society survey. The research, published in the journal Work and Occupations, found that levels of autonomy differed considerably between occupations and by gender. Those working in management reported the highest levels of autonomy in their work, with 90 percent reporting ‘some’ or ‘a lot’ of autonomy in the workplace. The finding backs up research from Cass Business School, the German Institute for Economic Research, Abraham Maslow and elsewhere.

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Proactive approach needed to improve accessibility within the built environment

Proactive approach needed to improve accessibility within the built environment 0

Proactive approach needed to improve accessibility within the built environment

Inaccessible workplaces are too common problem that disabled people face in accessing buildings and public spaces, and the Government must lead a charge in improving access and inclusion in the built environment, according to a report by an influential cross party committee published today. The Women and Equalities Committee’s Disability and the Built Environment inquiry has been examining the extent to which those with accessibility issues are considered and accommodated in our built environment, and whether more could be done to increase the accessibility and inclusivity of both new and existing properties and spaces. The report recommends public procurement, fiscal initiatives and transparently modelling best practice, while bringing the full range of work on improving access and inclusion in the built environment into a coherent and transparent strategy, with the Department for Communities and Local Government held responsible for making this happen. The report found that many workplaces are inaccessible, there is very little choice of where to live and the public spaces through which people need to move can be prohibitively excluding; all of which constitute an unacceptable diminution of quality of life and equality.

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Commercial property lenders should drive sustainability through financial innovation

Commercial property lenders should drive sustainability through financial innovation 0

The commercial real estate finance sector is witnessing a dramatic shift in attitudes towards the issue of sustainability, according to a new report from the Better Buildings Partnership. It claims that major commercial property lenders are already exploring new opportunities that go well beyond traditional risk management through sustainability initiatives that ‘drive new business, strengthen customer relationships and improve the data they hold on the buildings in which they have underwritten’. The report, Beyond Risk Management: How sustainability is driving innovation in commercial real estate finance, is sponsored by CREFC Europe, GeoPhy, ING Bank and Lloyds Bank Commercial Banking, and claims to reveal pioneering examples of how lenders are incorporating sustainability into their core business activities.

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