Search Results for: economic

October 8, 2014

New property programme supports co-working between tech businesses

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

Over 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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October 8, 2014

Two thirds of the world’s workers would move to another country to find a better job

by Mark Eltringham • Knowledge, News, Workplace

Almost 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.

October 7, 2014

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

by Mark Eltringham • Flexible working, Knowledge, News, Workplace

The 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.

October 3, 2014

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

by Mark Eltringham • Facilities management, News, Property, Public Sector

The 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.

September 24, 2014

Flexible working celebrated, as Top Employers for Working Families revealed

by Sara Bean • Flexible working, News, Workplace

Deloitte, 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 →

September 22, 2014

Much anticipated BCO Specification Guide update for 2014 launched

by Mark Eltringham • Architecture, Facilities management, Knowledge, Property, Workplace design

The 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.

September 15, 2014

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

by Mark Eltringham • Environment, News

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.

September 9, 2014

Report claims workplace fails to support employees with musculoskeletal disorders

by Sara Bean • Comment, Facilities management, News, Workplace, Workplace design

When 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 →

September 2, 2014

Office planting improves workers’ quality of life and productivity finds study

by Sara Bean • Environment, Facilities management, News, Workplace design

Claims by office designers and suppliers that office planting has wider health benefits for occupiers than just making the place look more attractive have been given a boost in a new academic study which provides some empirical evidence. In the first field study of its kind, researchers found enriching a ‘lean’ office with plants could increase productivity by as much as 15 per cent. The study, which involved academics from the University of Exeter; the University of Groningen in The Netherlands, and the University of Queensland, Australia examined the impact of ‘lean’ and ‘green’ offices on staff’s perceptions of air quality, concentration, and workplace satisfaction, and monitored productivity levels over subsequent months in two large commercial offices in the UK and The Netherlands. It concludes that ‘green’ offices with plants make staff happier and more productive than ‘lean’ designs stripped of greenery. More →

August 20, 2014

Four year surge in the numbers of over-50s and over-65s in UK workforce

by Mark Eltringham • News, Workplace

We keep saying it but forget all the talk about Gen Y, the UK workforce is actually aging and becoming more diverse. New research from Saga shows that the number of employees over the age of 65 has increased by over a third over the last four years and the numbers of those between 50 and 64 has also increased – by nearly a tenth. The proportion of over 65s within the workforce is up from 3.4 percent to 3.6 percent over the same period but there have also been increases in employment in younger age groups meaning the workforce is more diverse. There are now 1.09 million over 65s still in work and around 8 million in the 50-64 age group. The Saga Monthly Employment report, published in partnership with the Centre for Economics and Business Research, also found that older age groups are now just as economically active as younger demographics

August 12, 2014

Five sectors, one challenge: The importance of high staff morale

by Simon Prince • Comment, Workplace

Ever since the 2008 recession, the economy has been in flux, affecting both small businesses and corporate giants. Yet, despite the uncertain economic climate, many start-up business ventures have not been phased by the challenges it brings. We recently conducted a survey to find out what the biggest challenges small businesses expected to face over the coming year. The survey revealed some interesting results, and led to the creation of five whitepapers suggesting some possible solutions as to how they might consider investing both their time and money to overcome these challenges. Across the five industries taking part in our survey (Health and Fitness, Finance, Technology, Retail and Travel), one of the most prominent challenges faced by SMEs was regarding staffing. Ultimately, each staffing issue related back to keeping employee morale high and, therefore, boosting productivity. More →

August 11, 2014

Government extends public estate scheme as DCLG moves in with Home Office

by Mark Eltringham • Facilities management, News, Property, Public Sector

The UK government has announced that it is to extend its groundbreaking One Public Estate scheme to a further twenty local authorities. The programme aims to divest and consolidate government-owned land and property to cut public sector spending and boost economic growth and regeneration. The government believes the initial phase will save £21m in running costs and £88m in capital receipts, generate around £40m for local economies and create an estimated 5,500 jobs and 7,500 homes over the next five years. The Cabinet Office is now looking to build on this with the extension of the schemes to councils including Liverpool and Birmingham city centres as well as six from Greater Manchester and Cornwall, Southampton and Plymouth. The Government Property Unit will provide funding and training to the participating authorities.