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One-third of hybrid working managers feel they need to prove their worth when working from home

One-third of hybrid working managers feel they need to prove their worth when working from home

by • Flexible working, News, Wellbeing

Almost one-third (30 percent) of hybrid working managers feel they need to prove their worth when working from home - significantly higher than the non-management populationA poll of 3,000 workers in Europe and North America from Insights Learning & Development claims that managers of hybrid working teams see multiple benefits to a new working arrangement. These include improved team performance, improved team agility and increased ability to deliver on objectives.  However, on a personal level, many managers highlighted the need for more support. Almost one-third (30 percent) of these managers feel they need to prove their worth when working from home – significantly higher than the non-management population. (more…)

Global prime office rents rise for second continuous quarter – Savills

Global prime office rents rise for second continuous quarter – Savills

by • News, Property

An international real estate advisor says the fact that prime office rents are continuing to edge up demonstrates that demand is thereSavills latest global Prime Office Costs (SPOC) analysis claims that net effective costs for occupiers taking top quality office space in key cities around the world rose 0.3 percent in Q2, following a rise of 1.1 percent in Q1. The international real estate advisor says the fact that prime office rents are continuing to edge up demonstrates that tenant demand is still present and landlords are cautiously optimistic in some markets. (more…)

Cost of living crisis incentivises people to work from home

Cost of living crisis incentivises people to work from home

by • Flexible working, News

A new report claims that rising numbers of the people in the UK are choosing to shop and work from home to make every penny countA new report claims that rising numbers of the people in the UK are choosing to shop and work from home to make every penny count as the cost-of-living crisis continues. These insights mark the launch of the second Virgin Media O2 Business Movers Index – a quarterly barometer that combines anonymised and aggregated UK movement data from O2 Motion, with national polling findings to reveal key trends relating to the behaviour of 2,000 British businesses and 1,000 UK consumers. Together, the data paints a picture of movement patterns and the trends behind them. The second quarter of this year reveals a more cash-conscious image of Britain as more of the UK public change their behaviours to cope with a tough economic backdrop. (more…)

Generations in the workplace: setting the record straight

Generations in the workplace: setting the record straight

by • Comment, Workplace

A middle aged man and a younger male colleague sit in comfortable chairs having a conversation to illustrate a conversation between generations of workersIf there were an algorithm to create a word cloud in response to searches for ‘What millennials want in the workplace?’, you’d expect to see Google spew out terms such as ‘flexibility’, ‘meaning’, ‘fairness’, ‘equality’, ‘inclusivity’, ‘opportunity’, ‘connections’, ‘socialising’ and ‘experience’. Do the same with ‘Gen Z’ replacing ‘millennials’ and – guess what – you’ll see the exact same word cloud, although perhaps in a different colour and order so you don’t think it’s based on the same homogeneous assumptions about younger generations. (more…)

City dwellers take advantage of hybrid working to relocate to suburbs, towns and countryside

City dwellers take advantage of hybrid working to relocate to suburbs, towns and countryside

by • Flexible working, News, Property

A new report claims that suburbs and small towns across are booming, as people take advantage of hybrid working to migrate from larger citiesA new report from IWG claims that suburbs, small towns and rural areas across the US and UK are booming, as people take advantage of hybrid working to migrate from larger cities. The study, undertaken in partnership with Arup, suggests that an estimated 500,000 people will leave US cities this year – 59 percent higher than pre-2020 levels – with most moving to suburbs, revitalised former dormitory towns and rural areas. Similarly, outbound migration across the UK is continuing at a faster rate than pre-pandemic levels, and there is strong evidence that suburbs and small towns have higher levels of economic activity than before 2020. (more…)

A balanced approach: making hybrid working work, and accepting it isn’t optional

A balanced approach: making hybrid working work, and accepting it isn’t optional

by • Comment, Flexible working

For most, there needs to be an acceptance that hybrid working is a long-term project – even if there is some short-term painHybrid working is back in the headlines – not that it ever really left. A recent report from the Centre for Cities warns hybrid working will result in an “unintended economic impact” and is calling on national government and the mayor of London to do more to remove barriers to getting people back into the office. It suggests a freeze on commuting costs and calls for better collaboration between the private and public sectors to make working in cities more appealing. (more…)

Are workplace gyms and other perks out of step with hybrid working?

Are workplace gyms and other perks out of step with hybrid working?

by • Comment, Wellbeing

Are workplace gyms and other traditional workplace perks still as relevant in the hybrid working era, asks Anthony ThompsonIt should go without saying that looking after employee mental health and wellbeing is important. If employers do not prioritise employee wellbeing, the whole team can feel the impact of this. There is compelling evidence that suggests strong employee wellbeing is a precursor to a more resilient workforce, which enjoys better staff retention, engagement and productivity, as well as reduced absenteeism. (more…)

Corporate real estate strategies are now people centric focused on new ways of working

Corporate real estate strategies are now people centric focused on new ways of working

by • Flexible working, News, Property

Corporate real estate decision-making and people-centric strategies are becoming more integratedCorporate real estate decision-making and people-centric strategies are becoming more integrated, according to CBRE’s 2023 European Occupier Survey. The report claims that 68 percent of organisations have partnered across multiple business functions including HR, IT and Communications when implementing workplace change strategies, indicating the importance of real estate decisions at a corporate level. (more…)

Resenteeism. Destructive, contagious and in your workplace right now

Resenteeism. Destructive, contagious and in your workplace right now

by • Comment, SF, Wellbeing, Workplace

Don’t ignore it the phenomenon of resenteeism. It can destroy new initiatives, progression and development in a heartbeat. You measure absenteeism. You are aware of presenteeism. But what are you doing about the new kid on the block – resenteeism? This occurs when employees stay in a job despite being fundamentally unhappy. They don’t want to be at work and when they are there, they actively resent it. Increasingly employees are fed up, across varying sectors, and showing some common threads or ‘symptoms’ of resenteeism. One of the most noticeable, and frustrating for employers, is employees resenting being asked to do their job. (more…)

Unintended economic consequences of remote working becoming evident

Unintended economic consequences of remote working becoming evident

by • Flexible working, News

New data suggests that office attendance in London has recovered strongly since the end of Covid restrictions, confounding predictions of remote working becoming the ‘new normal’New data suggests that office attendance in London has recovered strongly since the end of Covid restrictions, confounding predictions of remote working becoming the ‘new normal’, according to a new report from the Centre for Cities. However, recovery has stalled in 2023 and the report, London, Office politics: London and the rise of home working, co-authored with Professor Dan Graham and his colleagues from Imperial College and published in partnership with EC BID, addresses the possible economic risks of businesses adopting hybrid working permanently. (more…)

Three quarters of firms have now mandated some form of ‘return to office’

Three quarters of firms have now mandated some form of ‘return to office’

by • Flexible working, News

A new poll from Unispace claims that around 72 percent of companies globally have now mandated a return to office based workA new poll from Unispace claims that around 72 percent of companies globally have now mandated a return to office based work. However, many respondents also report losing key employees due to mandates, with recruitment also being impacted by enforced returns. The report concludes that companies are failing to recognise the drivers of workers’ reluctance to return to the workplace, and likewise, the opportunities and value that the physical workplace provides. (more…)

Hybrid working averse businesses missing out on €113 billion opportunity

Hybrid working averse businesses missing out on €113 billion opportunity

by • Flexible working, News

European businesses continue to miss out on the full potential of hybrid working, according to a new survey from Ricoh EuropeEuropean businesses continue to miss out on the full potential of hybrid working, according to a new survey from Ricoh Europe.  The research, conducted by Opinium and analysed by CEBR, polled 6,000 workers and 1,500 decision makers across Europe. Business leaders say that workers are, on average, 4 percent more productive in a hybrid culture, equivalent to an additional €113 billion to the European economy compared with pre-pandemic ways of working. (more…)

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