Search Results for: economic

Firms downsizing property dramatically as agile working takes hold, claims new report

agile workingThe sharp reduction in the amount of office space used by corporate occupiers as they adopt more agile working practices has been confirmed in a new study from facilities management services provider MITIE. The survey, as reported in the British Institute of Facilities Management (BIFM) magazine FM World, found that between the years of 2008 and 2014 firms reduced their floorspace by an average of 45 percent. The results of the report, based on interviews with property directors, mirror those of the Occupier Density Survey published last year by the British Council for Offices (BCO) which also found a marked (if smaller) reduction. The authors of the MITIE report conclude, similarly, that the economic downturn has been the main catalyst for the reduction in property used by occupiers and that the main way firms have accommodated the fall is with the uptake of flexible working practices.

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Google and Deloitte set out blueprint for collaborative work in Australia

collaborative workDeloitte Digital has launched the final version of its report into the collaborative economy carried out on behalf of Google Australia. An interim report, published in July, estimated that the benefits of collaboration to the Australian economy is already $46 billion and could rise to $56 billion. The report also claims that collaboration could help to address specific structural problems including falling productivity and a comparative lack of innovation. The study claims that the average Australian worker spends just under half of a typical working day interacting with other people but that there remains considerable room for improvement in the way those interactions take place. The final version of the report also includes a toolkit to help individuals and organisations to gauge their level and success of their collaborative work. Tellingly, the test is weighted one-third to workplace design, one-third to technology and one-third to culture and governance.

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Winner and shortlist announced for UK Prime Minister’s Better Public Building Award

public building awards

Wiltshire County Council Offices

The (rather long) shortlist of nominees for the Prime Minister’s Better Public Building Award 2014 has been announced by the UK Cabinet Office. Hosted as part of The British Construction Industry Awards which aim to ‘recognise all-round excellence in construction, including the overall design, and delivery of buildings and civil engineering projects’ the award’s original nominees were assessed on a range of standards including economic and social value. As well as the rather impressive new headquarters for Wiltshire County Council (above), the Government claims the shortlist includes a college building that is engineered to be one of the quietest buildings in the country as well as a building that will almost entirely be powered by fish oil. Previous winners include Tate Modern and the Velodrome at the Queen Elizabeth Olympic Park. The Government, ever keen to be down with the kids, has produced a Buzzfeed feature on the nominated projects.

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Successful employers will shape the future office around the needs of staff

Successful employers will shape the future office around the needs of staffNearly a third (32%) of British workers feel exhausted from juggling career, family, friends and other commitments, and do not think they will want to work later in life. This is contributing to increased levels of stress and a higher likelihood that they will leave their jobs, which – if left unchecked – could cost British businesses £44bn. It’s no wonder then that companies are set to become increasingly employee-centric in the future as, according to the report The Future Workplace, commissioned by financial protection specialist Unum and authored by The Future Laboratory, employers who make changes now to shape their business around the needs of their staff are likely to achieve significant competitive advantage. The report, which investigates the social, cultural, economic and technological influences shaping workplace care over the next fifteen years found four main trends; an ageless workplace that allows ‘returnment’ rather than retirement, the need for a mindful workplace that nurtures mental health and performance, and a workplace that is both intuitive and collaborative. Click here to download the full report.

New property programme supports co-working between tech businesses

co-workingOver the next decade, London’s digital tech sector is expected to grow at a rate of 5.1 per cent per annum, creating an additional £12 billion of economic activity and 46,000 new jobs, which in turn is driving change in the commercial property market. Now the rapid rise of the UK property tech market is to get a boost with the announcement of a programme which provides tech companies with access to investment, mentoring and co-working business space. In a strategic partnership with Cushman & Wakefield and Spire Ventures; Pi Labs, Europe’s first property-focused technology accelerator company, will invite start-ups to apply to join the Pi Labs accelerator programme. This will be located within ‘Second Home’, a new iconic 20,000 sq. ft. co-working space in Shoreditch, designed to set new global standards in the provision of stimulating private and social workplace environments supporting collaboration and co-working amongst creative and technology businesses.
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Two thirds of the world’s workers would move to another country to find a better job

Publication1Almost two thirds of job seekers worldwide say they would be willing to move abroad for work, a ‘startlingly high proportion’ that says a lot about the evolving marketplace for talent, according to a new study by The Boston Consulting Group (BCG) and The Network, a global alliance of more than 50 recruitment websites. The report claims that the proportion of people willing to seek a better job abroad is particularly (and unsurprisingly) high in developing and politically unstable countries. But there is also a very high willingness to work abroad for workers in countries that don’t face such challenges. For example, more than 75 percent of survey respondents in Switzerland, more than 80 percent of respondents in Australia, and more than 90 percent of respondents in the Netherlands say they would consider moving to another country for work, according to the report, Decoding Global Talent: 200,000 Survey Responses on Global Mobility and Employment Preferences, and their preferred destinations are London, New York and Paris.

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Workers struggling to balance home and work, according to CIPD report

Publication1The UK’s workforce is struggling to find the right balance between their work and domestic responsibilities according to the latest Absence Management report from the Chartered Institute of Personnel and Development.  The report also suggests that, although overall absence levels are falling, much of this is down to people going into work when they perhaps shouldn’t with a third of employers reporting presenteeism. Stress and mental health problems in the workplace also remain high, with more than 40 percent of employers citing an increase, despite signs of economic recovery. One area in which absenteeism is rising is workers taking time off to care for children and elderly or disabled relatives and friends. More than a third of those employers surveyed reported an increase in absence levels amongst staff who are struggling to cope with their caring responsibilities outside of work. However only a sixth of employers have policies in place to provide a better level of support.

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An end to ‘Whitehall Palaces’ as UK government publishes new estates strategy

public sector procurement estates strategyThe UK Government has published an update to its Estates Strategy which it claims will build on its successes of the past four years and spell the end for ‘Whitehall Palaces’. The Government Estates Strategy sets out how the administration plans to make the most efficient and cost-effective use of its property. The first strategy document was published in 2013, but the Government had already by then been looking at ways to downsize and improve the operations of its estate. The new document claims to ‘reflect good progress so far and expands on the scope of work, using the estate to provide better integrated public services and to enable economic growth.’  The report also claims that since 2010 departments have shrunk the central Government estate by over two million square metres as civil service numbers have also reduced by 17 percent, saving around £600 million a year in running costs and generating around £1.4 billion in sales of land and buildings.

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Flexible working celebrated, as Top Employers for Working Families revealed

Flexible working champions named as top working families employers revealedDeloitte, KPMG and Barclays are among the companies recognised for their work-life balance policies in the annual list of the Top Employers for Working Families. The Top Employers for Working Families Benchmark is designed to encourage employers to focus on their flexible working and work-life integration practices, and how they measure up against other organisations. Brand Learning, CiC Employee Assistance and Digital Mums were included in an alternative benchmark provided to smaller organisations to help them evaluate and develop their own work-life thinking. The top scoring employers were named by work-life balance group Working Families as part of series of events to mark National Work-Life Week, which today features ‘Go home on time day.’ This is held to help encourage people to leave their workplace on time and help redress the thirty five per cent of parents who – in a poll by Working Families, said that their work affects their home life in a negative way. More →

Much anticipated BCO Specification Guide update for 2014 launched

BCO specification guideThe British Council for Offices (BCO) has launched the much awaited new edition of its Specification Guide. Last updated in 2009, the 2014 issue aims to cement the publication’s position as the ‘definitive guide to office development in the UK’. As well as its traditional subjects of occupier density and building infrastructure and services, the latest edition covers topics such as building information modelling (BIM) rights to light, updates to BREEAM and amended planning law and building regulations as well as topical issues such as the inexorable rise of the ‘coffee shop workplace’ and the provision of cycle parks.  Richard Kauntze, chief executive, claims the revised BCO Specification Guide represents a greater focus on the needs of end users.

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How we travel to work has enormous impact on wellbeing, claims new research

wellbeing and cycling

Part of London’s planned cycling infrastructure around Parliament Square

New research has further highlighted the important role that the mode of transport we choose to get work has on our physical and psychological wellbeing. Walking or cycling to work is better for people’s mental health than driving to work, according to the research by health economists at the University of East Anglia and the Centre for Diet and Activity Research (CEDAR). The report ‘Does active commuting improve psychological wellbeing?’ was published today in the journal Preventive Medicine and draws on 18 years of data from 18,000 people. It follows on the heels of two other reports published last month in the British Medical Journal and Science Direct which make related claims about the careful choices we should make about how we get to work.

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Report claims workplace fails to support employees with musculoskeletal disorders

musculoskeletal disordersWhen determining what constitutes a well-designed office, it’s easy to overlook the overriding need to ensure a workplace is designed first and foremost to be inclusive. Given the fact that musculoskeletal disorders remain the largest single cause of days of work lost due to sickness absence, it’s worrying to discover that many organisations fail to meet the needs of those dealing with such conditions. The new report ‘Self-management of chronic musculoskeletal disorders and employment’ from the Fit for Work UK Coalition and The Work Foundation found that despite sufferers’ efforts to remain at work, many are forced to ‘self-manage’ their condition without adequate support; with for instance an employee being forced to partake in a hot desk policy when they required their own, fixed workspace. As the report states, this lack of help is ‘all the more perverse’ when you take into consideration the role that work can play in helping to contribute to mental and physical wellbeing. More →