Search Results for: change

July 28, 2017

UK commercial property market remains largely resilient

Although the commercial property market in the UK is proving largely resilient, demand to rent levelled off for the first time in almost five years during the past three months, according to a study from The Royal Institution of Chartered Surveyors (RICS) Its gauge of commercial tenants’ demand for property fell to -2 for the second quarter of 2017, its lowest reading since the third quarter of 2012. Demand varies across market sectors, however, with occupier demand declining in the office and retail sectors of the UK commercial property market, but conditions in the industrial segment remain firm, according to the survey.

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July 27, 2017

Retaining working mothers in the workforce is a top HR priority this year

by Sara Bean • Flexible working, Legal news, News, Workplace

Nearly three quarters of employers in a recent poll say retaining female talent in the workforce is the most important issue in HR in 2017, as changes to childcare funding could impact on the recruitment and retention of working mothers. The research, which was carried out by My Family Care and recruitment firm Hydrogen, found that most employers thought that flexible working and supporting working parents and carers was important to them but strikingly, nearly three quarters (70 percent) rate the issue of retaining female talent after parental leave as the most important issue. However, 60 percent of HR professionals said their company provided no form of coaching or training support for their employees going through the parental transition. When it comes to the success of their family friendly initiatives, flexible working proved to be the most successful, followed by their Childcare Voucher Scheme and then enhanced maternity or Shared Parental pay.

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July 23, 2017

Over 200,000 British workers will aim for smarter working on Monday as the Summer holiday season begins

by Mark Eltringham • Flexible working, News

On Monday, 24th July, over 200,000 British office workers from 200 different companies will be given the option to work flexibly as part of the Smarter Working Initiative. The campaign claims to encourages companies to give their staff the opportunity to spend one day working from a location that suits them, to show organisations the positive impact of smarter working. Businesses including Purplebricks, RED Driving School, MediaCom and Farfetch are signed up, with Timberyard, Haus and NearDesk offering free coffee and access to over 40 cafes and co-working spaces across London and the UK. The campaign’s own research claims that nearly half of employers (48 percent) do not encourage flexible working, despite 70 percent of workers saying the option would make a job more attractive to them. Over half of workers (53 percent) stated they would be more productive if they could spend some time working out of the office, and the campaign aims to demonstrate how flexible working results in improved wellbeing, increased productivity and faster business growth.

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July 21, 2017

Job insecurity fears more than double in aftermath of Brexit vote

by Mark Eltringham • News

A survey of 1,257 British workers claims that job insecurity has more than doubled since the decision to leave the EU, with the percentage of those feeling insecure in their jobs rising from 5 percent to 13 percent. According to the study from Office Genie, for those who felt secure, Brexit has also done considerable damage: job security levels have dipped by 17 percent. Pre-referendum, 70 percent of workers felt secure in their job, now just over half (58 percent) feel secure. Nearly three quarters (70 percent) of the workforce believe it’s an employer’s duty to calm Brexit-related distress. 54 percent of workplaces have experienced such concerns but only 31 percent of these employers chose to comfort staff.

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July 20, 2017

Tax reforms forcing contractors out of public sector work, claims report

by Mark Eltringham • News, Public Sector

New research from CW Jobs claims that the public sector is seeing an exodus of IT contractors following the introduction of the IR35 tax reforms. The changes mean IT contractors in the public sector are now taxed like employees. It came into effect in April this year and has meant contractors are losing up to a quarter of their previous take home pay. A significant 71 percent of the IT contractors surveyed said their income had reduced because of IR35. Nearly a third (29 percent) of those have seen an 11-20 percent reduction in income, while more than a quarter (27 percent) have seen a 21-30 percent reduction. The changes have prompted many IT contractors to make the switch from public to private sector. Nearly half of the 1,000 IT candidates surveyed (47 percent) say IR35 has caused IT contractors to leave the public sector and over three quarters (83 percent) said the private sector is now the most attractive to work in.

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July 19, 2017

Link between offices and wellbeing is too important for landlords and occupiers to ignore

by Neil Franklin • Facilities management, News, Property, Wellbeing, Workplace design

Developers and landlords who invest to create offices that embody the occupier-driven focus on wellbeing will reap their rewards commercially while those that don’t face diminishing returns, according to a new report from Cushman & Wakefield. The Well Workplace report claims to map out the major trends, opportunities and challenges of the future facing owners and occupiers of commercial office space due to the growing emphasis on employee health and vitality as part of the work environment. Improved lighting, layout and use of plants are all known to benefit wellbeing and can increase employee performance. Gains through boosting performance far outweigh potential cost savings through real estate efficiencies – making the imperative for occupiers clear, according to the report’s authors.

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July 17, 2017

BCO predicts how Brexit might impact on demand for office space to 2022

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

Commercial property occupiers remain cautious about the future, and hard data indicates that demand has, so far, been largely unaffected by Brexit, claims a new report from the British Council for Offices (BCO) . ‘Brexit and its Potential Impact on Office Demand’, examines how Brexit might impact on demand for office space on a national and regional basis through to 2022. According to the report, almost one year on from the Brexit vote the situation is one of uncertainty, feeding through to slower growth, with ‘an almost palpable sense that choppy waters lie ahead, particularly with regard to trade and movement of labour’. However, businesses continue to make long-term investments in the national economy and even in the City, some large investment banks have committed to large new office buildings. There is much variation in the relative performance of the UK’s major office centres, though, with some expanding and others apparently in decline.

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July 14, 2017

The provision of cycling facilities in offices is failing to meet a growing demand

by Sara Bean • Facilities management, Legal news, News, Wellbeing, Workplace

The quality of the cycling facilities being offered by many workplaces are currently falling short and risk undermining a Government drive to increase the number of people cycling to work; as according to new research published by the British Council for Offices, 16 percent of office workers claim that inadequate facilities are discouraging them from considering commuting by bike. In April, the Department for Transport stated an aim to double the number of cycling stages, defined as a change in the form of transport as part of a longer “trip” (e.g. cycling to the train station before catching a train to work), from 0.8 billion stages in 2013 to 1.6 billion in 2025. However, new research, commissioned by the British Council for Offices and carried out by Remit Consulting, finds that whilst 83 percent of workplaces in the UK offer some form of bike storage, less than half (47 percent) of this is covered and secure. Improved parking facilities could help increase numbers of those cycling to work, with 16 percent of office workers surveyed saying that better bike storage would encourage them to do so.

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July 14, 2017

Large majority of working mothers cut short maternity leave over job fears

by Neil Franklin • Legal news, News

New research claims that just 12 percent of working mothers take a full year’s maternity leave and almost one in five (18 percent) take four months or less. The research claims that almost half (44 per cent) of working mothers were unhappy with how they had been treated by their employer during their pregnancy and after their return to work. While many mothers return for financial reasons or simply because they want to, many worry about being side-lined, edged out or feel pressure from their boss to go back. The survey of 2,000 working mothers by law firm Slater and Gordon found that almost a third (30 percent) felt their managers wouldn’t have supported them staying off for any longer, and thirty-nine per cent weren’t sure their job would be waiting for them when they went back.

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July 13, 2017

What we may be missing about IBM’s decision on flexible working ⁰

by Gary Chandler • Comment, Flexible working, Property, Workplace design

In May, the Wall Street Journal reported that IBM had announced that it was obliging a significant number of its staff to give up on remote working and instead move back to corporate offices, many of them regional hubs. Although we had been aware of the change in policy since February, the issue only went viral as a result of the WSJ story. Comparisons were quickly made with Yahoo’s poorly received decision to summon staff back to its corporate HQ in 2013 and commentators expressed dismay that such a major corporation would be willing to return to the command and control structures of a previous era, especially given its sector and track record of encouraging flexible working. What such commentary missed was a particular nuance of the story that might suggest this is more of a continuation of existing IBM policy than they have been given credit for.

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July 13, 2017

Employers must prepare for emerging technologies that will reshape work by 2030 ⁰

by Sara Bean • News, Technology, Wellbeing, Workplace, Workplace design

Emerging technologies such as artificial intelligence, robotics, virtual reality, augmented reality and cloud computing, will transform our lives and how we work over the next decade; and by 2030 every organisation will be a technology organisation. As such businesses need to start thinking today about how to future-proof their infrastructure and workforce, according to a report published by Dell Technologies. The research, led by the Institute for the Future (IFTF) alongside 20 technology, academic and business experts from across the globe also offers insight on how consumers and businesses can prepare for a society in flux. ‘The Next Era of Human-Machine Partnerships’ forecasts that emerging technologies, supported by massive advancements in software, big data and processing power, will reshape lives. The report predicts that an estimated 85 percent of jobs in 2030 haven’t been invented yet. The pace of change will be so rapid that people will learn “in-the-moment” using new technologies such as augmented reality and virtual reality. The ability to gain new knowledge will be more valuable than the knowledge itself.

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July 12, 2017

The world has its say on the Taylor Review into modern working practices ⁰

by Mark Eltringham • Features, Flexible working, Legal news

Yesterday, the much-awaited Taylor Review into modern working practices was finally published. And by modern working practices, the report focussed primarily on what has become known as the gig economy. People have been speculating about the contents of the report for months and things ramped up last week after a partial leak to the media. So, things were already bubbling under nicely before the actual publication of the document brought things to a boil yesterday. Assuming the government do more than kick the whole thing into the long grass, always a possibility, debate will continue for a while. We’ll let politicians do their thing with it, but here are a few of the initial reactions from interested parties and the experts. (more…)