Search Results for: culture

Flexible working means large firms plan to work with less but better office space

Flexible working means large firms plan to work with less but better office space

Around half of the world’s larger multinationals are planning to cut back on their office estate in response to the rise of hybrid and flexible workingAround half of the world’s larger multinationals are planning to cut back on their office estate in response to the rise of flexible and hybrid working, according to a new report from Knight Frank. According to the study, 50 percent of employers with more than 50,000 staff worldwide will reduce their office space by between 10 and 20 percent over the next three years. However smaller firms are set to increase their demand for office space according to the real estate advisor. (more…)

Refurbishment of 25 Hanover Square commences

Refurbishment of 25 Hanover Square commences

Major alterations have begun on the refurbishment of 25 Hanover Square, completing the regeneration of a prominent corner site in London’s MayfairMajor work has begun on the refurbishment of 25 Hanover Square, completing the regeneration of a prominent corner site in London’s Mayfair with a 7-storey premium office building. This collaborative project between multiple stakeholders, including architects, interior designers and workplace experts Basha-Franklin, and asset and development manager Morgan Capital, has been holistically designed to fit the aesthetic of one of London’s most recognisable and historic garden squares.   (more…)

Surge in employee turnover suggest that the ‘Great Resignation’ is still with us

Surge in employee turnover suggest that the ‘Great Resignation’ is still with us

A new report claims that the level of job turnover suggests that the so-called Great Resignation may be far from overOver the past year, 55 percent of working adults have either started a new job or are looking for one, according to a report [registration] published by insurance firm YuLife. The poll  suggests that a further 35 percent of working adults say it is likely they will consider changing jobs within the next year.  The report claims that these findings suggest that the so-called Great Resignation may be far from over. The report also claims that high levels of stress characterize the modern workplace, and businesses which proactively address employees’ concerns around stress and invest in their wellbeing benefit from reduced churn and turnover. (more…)

Hybrid working, work from anywhere and the evolution of the Third Place

Hybrid working, work from anywhere and the evolution of the Third Place

Two people working separately in neighbouring booths in an office to illustrate the principle of third place facilities in hybrid working cultures. The restrictions brought about by COVID-19 altered where we work and thus also how, when and through which channels we do work related activities. These changes radically altered the way previously office-based workers thought about ‘work’ as an activity. This new era of hybrid working had a significant impact on traditional models of workplace provisioning. One could argue that pre-COVID-19 the ‘work mindset’ was almost an afterthought because there were distinguishing markers that indicated when you were expected to work and when you were not. If you were in the office, then you were expected to be doing work-related tasks. Then, at the literal end of the day, you switched off your computer and went home and mentally ‘turned-off’ until you returned to work the next morning. (more…)

BCO Awards for Central England continue focus on wellbeing and the environment

BCO Awards for Central England continue focus on wellbeing and the environment

the BCO Awards for the region set out to recognise projects that demonstrate best practice in office design, fit-out, operation and sustainabilityWhat are claimed to be the Midlands and Central England’s most outstanding workplaces have been announced, with British Council for Offices Awards going to five office buildings across the region. Held at ICC in Birmingham, the BCO Awards for the region set out to recognise projects that demonstrate best practice in office design, fit-out, operation and sustainability. The organisers claims that the winners of this year’s competition in the Midlands and Central England stand out for their user-centred design credentials, as well as their creative implementation of wellbeing and sustainability measures. (more…)

Many people think workplace is a greater source of stress than a relationship breakdown

Many people think workplace is a greater source of stress than a relationship breakdown

A new poll claims that workplace stress is having a greater impact on individuals than relationship breakdowns for many people.A new poll claims that workplace stress is seen as having a greater impact by many people, compared to relationship breakdowns. According to the survey conducted by Westfield Health, more than a quarter of workers (27 percent) ranked their job as more stressful than a relationship breakdown (8 percent). These worrying statistics highlight the negative effects of workplace stress on individuals, surpassing even stressful personal circumstances. (more…)

Hybrid working averse businesses missing out on €113 billion opportunity

Hybrid working averse businesses missing out on €113 billion opportunity

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…)

Hybrid working is a potential deal breaker for two thirds of tech workers

Hybrid working is a potential deal breaker for two thirds of tech workers

The report claims that a flexible working policy is considered a high priority by 78 percent of tech employees and a hybrid working policy by 67 percent of tech employeesA new report claims that 7 in 10 UK tech workers now consider hybrid working a key factor when considering a future employer. That is according to The Scaleup Culture Report [registration] from Techspace, based on a YouGov survey of 1,000 tech workers. The report claims that a flexible working policy is considered a high priority by 78 percent of tech employees and a hybrid working policy by 67 percent of tech employees. Other important factors include flexible working policies and opportunities for career development. These statistics have exposed a new factor that will determine startups’ competitiveness in the job market. (more…)

Bisley Home Space to launch at Clerkenwell Design Week 2023

Bisley Home Space to launch at Clerkenwell Design Week 2023

British furniture maker Bisley is to open thBritish furniture maker Bisley is to open th
e doors of its new Home Space showroom during Clerkenwell Design Week (23-25 May 2023) exploring the theme of People, Wellbeing and Spacee doors of its new Home Space showroom during Clerkenwell Design Week (23-25 May 2023) exploring the theme of People, Wellbeing and Space – at Home and at Work. Making its debut at Clerkenwell Design Week will be the Bisley Home Space, a brand new area of the showroom dedicated to Bisley’s growing range of products for the home. A key festival highlight will be an installation created by interior design writer and stylist Cate St Hill. Bisley x Cate St Hill explores Fern, Bisley’s acclaimed collection of stylish steel lockers, and new pieces for spring 2023 including the versatile Reef wall-mounted shelf, with a special area of the showroom curated by Cate in her distinctive calm, neutral style. (more…)

Firms missing the chances to implement hybrid working and adopt new technologies

Firms missing the chances to implement hybrid working and adopt new technologies

companies are missing opportunities to unlock new levels of employee productivity with new technology, hybrid working, and talent development.The new Slack State of Work Report [registration] claims that companies are missing opportunities to unlock new levels of employee productivity with new technology, hybrid working, and talent development. The report, based on a global survey of more than 18,000 desk workers – including 2,000 in the UK, found only 23 percent of companies are investing in technology to improve productivity and efficiency (21 percent in the UK), and just 27 percent of companies are using AI tools to help do so. (more…)

Around a quarter of jobs will shift over the next five years, WEF report claims

Around a quarter of jobs will shift over the next five years, WEF report claims

Almost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic ForumAlmost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic Forum. Its Future of Jobs Report for 2023 suggests that employers anticipate 69 million new jobs to be created and 83 million eliminated among the 673 million jobs corresponding to the dataset, a net decrease of 14 million jobs, or 2 percent of current employment. The data is an extrapolation of data from 803 employers employing around 11 million people. (more…)

Wellbeing and sustainability are defining characteristics of London’s BCO Awards winning offices

Wellbeing and sustainability are defining characteristics of London’s BCO Awards winning offices

London’s most outstanding workplaces have been recognised with British Council for Offices Awards going to seven office buildings across the capital. Held at the London Hilton on Park Lane, the BCO’s annual London Awards Lunch recognised projects that demonstrate best practice in office design, fit-out, operation and sustainability, setting the standard for excellence across the sector. (more…)