Search Results for: commercial

March 21, 2018

Wellbeing programmes that focus on staff engagement neglect a need to address mental health

by Sara Bean • News, Wellbeing, Workplace

The mental health of employees, especially those working within high pressured working environments are the number one concerns for UK CEOs. Nearly three quarters (73 percent) of respondents to the annual wellbeing report ‘Employee Wellbeing Research 2018’ from Reward & Employee Benefits Association (REBA) in association with Punter Southall Health & Protection, admitted that high pressure working environments are now the biggest threat to wellbeing. Just a third (34 percent) of respondents provide mental health training for line managers, and despite a similar percentage (35 percent) planning to introduce this training in the next 12 months, one in six (14.9 percent) say they have no plans to introduce this sort of training. Although mental health in the workplace is the top priority for almost three in five (60 percent) CEOs in the UK and the area of employee wellbeing with which their Board is most concerned, currently, the key drivers of wellbeing strategies are to improve engagement and culture. Well over a quarter (30 percent) of respondents said wellbeing strategies are primarily driven by a desire to increase employee engagement and 23 percent to improve organisational culture.

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March 20, 2018

Enter the MIPIM bandwagon, towed by pink elephants

by Anna King • Comment, Property, Technology

The old adage “once you spot a bandwagon, it’s probably too late to jump on” was certainly true at this year’s MIPIM if only for the increase in journalists sent by the national press (allegedly) hoping to catch a glimpse of men behaving badly and weaving tales of excess. Whilst the message of #TimesUp was heard loud and clear in the property world after the recent expose at the Presidents Club, the reality is the hedonistic opulence actually came to an end in 2009 after the global crash. That was the year that the property market realised they needed to do things differently and it was the beginning of putting people first. But it takes time for thoughts to turn to actions and reality, and a number of senior women that I spoke to observed that what we are now seeing are results of change and a drive to continue that change.

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March 13, 2018

Many office furniture firms remain confused about social media and online communication

by Colin Watson • Comment, Furniture, Workplace design

At Watson King we surveyed the websites of the Top 100 European manufacturers of office furniture products, the results showed that 13 percent use no form of social media at all and 25 percent use less than three types. There are also some surprising results on which the most popular channels are. There is evidence to suggest that companies are unsure about the most effective way to use social media channels and which ones are the most appropriate to select. Also, there appears to be fundamental issues on how to integrate social media and communication channels to get the best results.

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March 2, 2018

Productivity, retention and employee wellbeing improve when there is workplace trust

by Sara Bean • News, Wellbeing, Workplace

Being in a reliable work environment increases retention, productivity and employee wellbeing, while also promoting a better business culture, finds new research from Bupa. An examination of workplace trust and the impact on employee wellbeing reveals that over half (53 per cent) of employees considered it to be a major factor in whether they stayed or left a company. The research found that nearly a quarter of UK employees (24 per cent) have left their company due to issues around trust. Although trust is not a tangible workplace benefits, such as salary and bonuses, it is an essential variable in promoting harmony and productivity within an organisation and the study suggests how important it is within the workplace, and also the contribution it makes to the wellbeing of employees and the overall performance of a company. The study also asked employees how trust compares to other company benefits. Nearly two thirds (62 per cent) believe that trust is more important than a gym membership or company mobile, while over half value it more than a free canteen (56 per cent) and company car (55 per cent).

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February 21, 2018

Cities must harness potential of new technology to keep themselves moving

by Neil Franklin • AI, Cities, News

The UK Government needs to develop a new transport strategy based on local partnerships to keep up with technological advances in areas such as self-driving cars, claims a new report. Rethinking Urban Mobility has been published by engineering company Arup, in collaboration with the London Transport Museum, law firm Gowling WLG and transport company Thales. The report coincides with the publication of a similar study from the World Economic Forum which claims that autonomous and shared vehicles, digitalisation and decentralisation of energy systems require new approaches to mobility.

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February 16, 2018

Pearls of elemental wisdom about workplace design and management

by Mark Eltringham • Comment, Facilities management, Workplace design

The greatest conundrum in the endless debate about whether the workplace affects people’s wellbeing and productivity is that it’s still going on at all. We’ve known for decades that people are affected in profound and meaningful ways by their surroundings and the culture in which they work. We know which factors are most important and which work in the absence of others. We know how these factors have shifted in response to changing working cultures and technological advances. And we know which are glib distractions from the real deal.

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February 15, 2018

SMEs spend more time searching for private offices than coworking space

by Neil Franklin • Coworking, News, Property

Searches for private offices have become more popular than coworking space among SMEs over the past year, according to new data from commercial property marketplace Hubble. The firm reports that this marks a reversal from the previous year’s results, although searches for coworking space remain disproportionately high compared to the overall office market. According to Hubble, searches for private offices grew an average of 40 percent month-on-month from January 2017 to January 2018, with 43 percent more searches being made for private offices over coworking space, and searches for the category ‘private office’ comprising 62 percent of all searches on the Hubble platform.

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February 12, 2018

Luther, Marx, Engels and a nailed-on manifesto for workplace change

by Mark Eltringham • Comment, Facilities management, Workplace design

In October 1517 Martin Luther nailed his Ninety-Five Theses to a church door in Wittenberg, thereby setting in motion the process that we know now as the Reformation. At least since that time, it has been apparent that a revolutionary manifesto needs to be laid at somebody’s door – or nailed to it – at the right moment for it to achieve its aims. Revolutionary manifestos are easy enough to set out, but the tract is nothing without traction.

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February 9, 2018

London office market is booming and proving resilient in the face of Brexit

by Neil Franklin • News, Property

A new report from Knight Frank claims that activity in the office market in London increased sharply last year, which the property adviser said was driven largely by growing demand from the UK’s burgeoning tech sector. The report said office leasing activity in central London hit 13.84 million sq ft last year, more than 2 million sq ft than in 2016. Knight Frank said it had seen ‘extraordinary demand’ for London offices from the Technology, Media and Telecommunications (TMT) sector. However, the report also claims that there is now a lack of quality office space supply because, despite the fact that more than 259 development schemes are under construction in Central London, 187 are residential, and of the remaining 72 offering commercial space, only two-thirds are available to lease, with many of them already pre-let to office tenants.

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February 2, 2018

Every company should champion design and creativity at board level

by Colin Watson • Comment, Products, Workplace design

All business and life are about selling. Well that’s what Mark Price (Lord Price) the previous Managing Director of Waitrose and former Minister with the Department for International Trade said in a recent book, Workplace Fables: 147 True Life Stories. I like Mark Price and his writings but certainly don’t agree with his view about selling. To me business and life are about design. Just close your eyes and imagine life without it. If your imagination could handle this, and when you opened your eyes you would be standing in a field stark naked, because nothing apart from nature would exist. If you had bad eyesight things would be blurred and any illnesses could not be medicated. You may even have trouble eating unless you found some palatable vegetation or a creature willing to be caught, unless of course it did not eat you first.

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February 1, 2018

Rent falls due to Brexit and concerns about oversupply of serviced offices in London

by Sara Bean • Cities, Facilities management, News, Property

There have been 18 months of faltering net effective rents within the commercial office market in the Capital since the Brexit referendum, with ten of the 18 Central London office submarkets monitored in Cluttons’ latest London Office Market Outlook report registering rent falls in the final quarter of 2017, buoyed by additional incentives such as contributions to fit out costs and even delayed completions becoming commonplace in many locations. The report also raises concerns about the potential for an oversupply of serviced offices within the Capital. However, despite this and a perception that Central London offices are currently fully prices or possibly over-priced, by both occupiers and domestic investors, London remains a resilient city, continuing to attract high volumes of overseas capital. Employment growth is of course expected to be influenced by both the levels of GDP growth during 2018 and the Brexit divorce proceedings, which in turn will affect rental values. But says the report, aside from concerns over Brexit, there is no evidence from recruitment agencies to suggest a current, or planned exodus of finance and banking professionals from the City.

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January 31, 2018

Plans to develop 2 million sq. ft. of office space in South East England announced

by Mark Eltringham • News, Property

Property developer John Baker, formerly of Baker Lorenz, has launched a new venture to develop a series of new business districts in South East commuter towns and outer London boroughs. The John Baker Group is working in partnership with building and civil engineering contractor Sir Robert McAlpine on the £2bn project which will see the delivery of some 2 million sq. ft. of new office space across the South East. The joint venture, called The Commercial Parks Group, has already acquired £20m worth of property in Crawley, Haywards Heath and Bromley in order to create a series of major business hubs.