Search Results for: diversity

Office fit out and rent rises will hit occupiers worldwide this year

Office fit out and rent rises will hit occupiers worldwide this year

by • News, Property, Workplace design

commercial property and office fit outOccupiers around the world are facing a 10 percent increase in office fit out costs with rental rises also squeezing budgets for those in EMEA, according to a new report from Savills. The firm’s Prime Office Costs (SPOC) analysis for Q3 2022 suggests that fit-out costs in key office markets around the world have continued to climb with inflation, rising an average of 10%, with increased rents in many markets also contributing to higher total net effective costs for office occupiers. Overall, the markets which have seen the largest increases in net effective costs (including fit-out costs, rents and other costs) over the quarter are largely clustered in the EMEA region, including Dublin (+7%), London City (+5%), Dubai (+3%), and Berlin (+3%). (more…)

Leading UK employers call for flexible working recruitment by default 

Leading UK employers call for flexible working recruitment by default 

by • Flexible working, News

flexible workingA joint letter from 21 leading employers – including several in the FTSE 100 – is calling on employers across the UK to advertise all vacant roles with flexible options by default. The full text is: (more…)

Demand for sustainable commercial property rises modestly, but supply side still falls short

Demand for sustainable commercial property rises modestly, but supply side still falls short

by • Environment, News, Property

sustainable commercial propertyProgress is being seen in some aspects of the built environment on the drive to be more sustainable, according to the latest annual sustainability report produced by RICS, however the rate of advancement needs to accelerate significantly and become more widespread. The 2022 RICS Sustainability Report, which collated sentiment from almost 4,000 chartered surveyor contributors, around 1200 of which are from the UK, across commercial and construction sectors globally, shows that some improvement in the push for sustainability has been made in the past year, notably in the commercial real estate sector as demand for sustainable commercial property continues to rise. (more…)

Four-day week pilot met with overwhelming approval at halfway point

Four-day week pilot met with overwhelming approval at halfway point

by • Flexible working, News

four-day weekAt the halfway point of a six-month pilot programme of a four-day week in the United Kingdom, results so far indicate that the idea has been backed by an overwhelming majority of those companies taking part, with many already saying the move will be permanent. A poll found that 88 percent believed the trial was working ‘well’ for their business. Just under half (46 percent) of respondents said their business productivity had ‘maintained around the same level’, while 34 percent said that it had ‘improved slightly’, and 15 percent said it had ‘improved significantly’. (more…)

EDGE Valley set to transform Amsterdam business district

EDGE Valley set to transform Amsterdam business district

by • Company news, Property

EDGE ValleyReal estate developer EDGE has announced the official opening of Valley, the high-rise designed by MVRDV, which was recently declared the world’s best new skyscraper by the Emporis Awards. The firm claims that the addition to Amsterdam’s business district will mark a shift in thinking for urban development as a whole, transforming the Zuidas district into a vibrant and lively urban quarter. The fully leased 75.000-square-meter development, was officially opened in the presence of Reinier van Dantzig, Alderman for Housing and Urban Development, Municipality of Amsterdam, the Board of RJB Group of Companies, Winy Maas, Founding Partner at MVRDV, Coen van Oostrom, Founder & CEO of EDGE and all parties involved in the project. (more…)

Hybrid work may be ‘here to stay’, but the office remains essential for many businesses

Hybrid work may be ‘here to stay’, but the office remains essential for many businesses

by • Flexible working, News, Property, Workplace design

hybrid workingAs businesses continue to evolve their workplaces to best meet the needs of their employees, JLL’s global Future of Work Survey claims that 72 percent of decision makers believe the office is critical to doing business. The research shows that over the next several years companies anticipate hybrid work to become the dominant model and will be looking across their real estate portfolios to re-think their office spaces, invest in new technology, including virtual offices, and prioritise sustainability. (more…)

Friendly colleagues make an organisation a good place to work, poll claims

Friendly colleagues make an organisation a good place to work, poll claims

by • News, Wellbeing, Workplace

A new poll by HR and payroll software provider Ciphr suggests that most people (85 percent) can name at least three positive aspects that make the company that employs them a good place to work. ‘Good people / friendly employees’ was the top pick for two-fifths (40 percent) of the 1,006 British workers polled, with a further third citing good pay and job security (35 percent and 34 percent respectively). Having a supportive manager is the fourth most important consideration for around a quarter of respondents, followed by a good employee benefits package (27 percent and 24 percent respectively). (more…)

Confetti launches new collection of team building experiences as demand for DE&I in business increases

Confetti launches new collection of team building experiences as demand for DE&I in business increases

by • Company news

With McKinsey & Company reporting that businesses with more diverse teams —whether that’s racially, socio economically or educationally— are 35 percent more profitable than organisations that are not, tech start-up Confetti, a website for booking virtual corporate development and team building events, has launched a new Diversity, Equality and Inclusion (DE&I) collection of 27 distinctive team building experiences, aiming to release five new experiences every month. (more…)

Milliken publishes annual sustainability report

Milliken publishes annual sustainability report

by • Company news, Works Magazine

Milliken sustainabilityMilliken & Company has published its fourth annual Sustainability Report, as part of the company’s progress toward its 2025 Sustainability Goals. In 2019 Milliken laid out 12 sustainability goals, focused on its people, its products and the planet, as a roadmap to achieving a healthier tomorrow. Guided by the United Nations Sustainable Development Goals, these 12 goals signal the company’s commitment to sustainability in all forms. (more…)

RICS review promises greater focus on public interest

RICS review promises greater focus on public interest

by • News, Property

RICS logoLord Michael Bichard has published the Bichard RICS Review into the Institution’s Purpose, Governance and Strategy, which RICS Governing Council commissioned last December. The review was a key recommendation of Alison Levitt QC’s critical report into historic issues at RICS, which was published last September. RICS Governing Council said it ‘strongly endorses’ the report and recommendations, which were informed by a global stakeholder consultation process, and will now commence work on their practical implementation. Lord Bichard states in his report that the future success of the organisation “will require nothing less than a transformation of the Institution carried out at pace” and described the need for change as “urgent” and “unarguable”. (more…)

Workplace discrimination remains ‘endemic’

Workplace discrimination remains ‘endemic’

by • News, Workplace

workplace discriminationA poll from the Chartered Management Institute (CMI) suggests that, despite the appearance of an “all-inclusive” working culture, many employees in the UK work for organisations that present them with systemic challenges when it comes to workplace discrimination and inclusion. The report claims that employees saw weaker representation of those from different backgrounds to them in management (69 percent saw such representation) and senior leadership (67 percent). (more…)

Is hybrid working the final cure for workplace woes or the beginning of something better?

Is hybrid working the final cure for workplace woes or the beginning of something better?

by • Comment, Wellbeing, Workplace design

hybrid workingThis year’s World Workplace Europe saw 2022 hailed as the year of the worker. A worthwhile focus considering negative emotions are on the rise, with more depression, anxiety and loneliness plaguing society despite the claimed benefits of hybrid working. The pandemic robbed us of many things. It restricted our freedom for two years and forced us to live, love and work in a way that felt a little less human. But at least there was a sense of unity, working together for the common good, a mask-muffled cry of “all for one and one for all” as people considered how their actions would and could impact others. (more…)

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