Search Results for: economic

Lack of skills hampering business growth say UK CEOs

by • News, Property, Workplace

Lack of skills training is hampering growth say business leaders

Nearly two thirds (65 per cent) of UK employers say a lack of key skills is hampering their growth prospects – with construction, mining, engineering and energy companies reporting the most chronic shortage of skilled employees. Yet, according to a PwC global survey, while three out of four UK CEOs said creating a skilled workforce should be the Government’s highest priority only a third intended to do anything about it for the coming year. Instead, they see it as a longer-term goal; with 70 per cent of respondents saying they plan to increase investment in their workforce over the next three years. More →

CIBSE creates diversity panel to reflect varied workforce

by • Facilities management, News, Property, Workplace

Diversity in the workplace

Efforts to encourage a more inclusive culture within the built environment appear to have moved up a gear. RIBA President Angela Brady has voiced concerns on the “gender inequality that continues to pervade the profession,” and now the Chartered Institution of Building Services Engineering (CIBSE) has launched a Diversity Panel. Formed to encourage diversity in all its forms, whether race, gender, age, sexual orientation or disability, it is made up of CIBSE members who are keen to increase the routes to the profession through educational paths and by promoting a diverse workplace. Commented CIBSE: “The employment and retention of a varied workforce is integral to meet the building services engineering skills gap and to therefore improve building performance.” More →

High wire act: balancing attitudes and expectations in the workplace

by • Comment, Facilities management, Property, Workplace, Workplace design

This week, with some fanfare and a modest splash on social media, CBRE, the Global real estate services provider launched The Workshop Idea. One of its stated aims is the revitalisation of our high streets and, with the introduction of local venues in a number of differing guises, an increase in the degree of choice and flexibility of places in which to work when not travelling into the office. A whitepaper is due out shortly and we will cover this specific initiative once that has been given the proper consideration and thoughtful analysis it deserves. However, it raises some initial thoughts on expectations, attitudes and behaviours that need to be overcome in the way we view our high streets and places of work and the degree to which those who provide services respond.

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Older workers remain untapped resource for employers

by • Knowledge, Legal news, News, Workplace

DRA

Employers who ignore Britain’s growing population of older workers could suffer skills shortages and lose an important competitive edge, warns a new government guide. “Employing older workers”, published by the Department for Work and Pensions, warns that Britain is running out of workers. There are 13.5 million job vacancies which need to be filled over the next ten years, but only seven million young people are projected to leave school and college over that time. Yet despite a predicted surge in numbers of employees over 50, employers remain reluctant to recruit older people.

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UK employers gain confidence to start recruitment of new staff

by • Knowledge, News, Public Sector, Workplace

UK employers hiring intentions rise

UK businesses are slowly gaining confidence in hiring new staff this year and the majority of employers (79 per cent) don’t plan any job losses. This is according to the Barclays Job Creation Survey 2013 which found that while the proportion of larger employers that plan to create jobs this year has fallen to 65 per cent from 72 per cent in 2012, mid-sized businesses hiring intentions are up to 71 per cent from 65 per cent. The majority of those employers who do intend to hire remain cautious however, with 73 per cent planning to have sales growth lead to job creation as opposed to job creation creating sales (2012: 77 per cent).

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UK firms want to stay in EU but majority favour employment law changes

by • Knowledge, News, Workplace

EU FlagA new report from the British Chambers of Commerce shows that while the majority of businesses still favour the UK’s ongoing membership of the European Union, the majority would like to see significant changes in certain key legislative areas including employment law, health and safety regulations and regional development. The EU Business Barometer from the BCC gathered responses from around 4,400 firms of all sizes and from a range of sectors and found that over half (54 per cent) wanted changes to employment law, a similar proportion wanted changes to Health and Safety laws (46 per cent) and a third changes to policies related to regional development.

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Better reporting required on employee engagement and wellbeing

by • Knowledge, News, Workplace

Wellness reporting could be improved by FTSE 100

There is a need for more open reporting on employee engagement and wellbeing by FTSE 100 organisations according to an inaugural report into wellness by Business in the Community. The first Workwell FTSE 100 benchmark, which analysed how FTSE 100 organisations manage their 6.3 million employees gave an average score of just 21 per cent, which said BITC was “not unexpected” at this first stage of development.  The highest scoring Workwell indicators were Diversity and Inclusion (at 50 per cent of total marks) and Health and Safety (at 44 per cent), showing how compliance drives measurement and reporting.

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Report highlights changing occupier demands in City of London property

by • Knowledge, News, Property

City of London coat of arms by GuildhallA new report from DTZ has outlined the ways in which the City of London property market is changing in response to occupier demand. As has been revealed in previous recent surveys, one of the most significant factors is a shift in focus away from the City’s traditional financial services heartland towards the technology, media and telecoms (TMT) sector.  Other structural changes include greater demand for different types of facilities from law firms as the legal sector adjusts to developments in its own market. The broader base of tenants and the expected economic upturn will mean a gradual improvement in demand although the report concedes that even by 2017, the market will not have returned to its peak.

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Video: people feel good at work when they know it has meaning

by • Facilities management, Workplace, Workplace design

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More evidence stacks up about what motivates people, including in the workplace. One thing that all the research shows about how to help people feel good at work is that motivation is a complex issue. It is not about money or joy or fun or an easy life. The things that are important include the challenge of overcoming difficult problems, a sense of achievement and an understanding that the work they do is acknowledged and makes a genuine contribution. The one thing to avoid is futility and the thing to aim for is meaning even in small ways. All of this research challenges the assumption that people are essentially economic creatures and that we can make them feel better by making isolated changes to their working environment.

Bosses bonus boom widens long-term pay gap

by • Knowledge, News, Workplace

 Bosses bonuses widen pay gap

Among the renewed debate on whether the Thatcher years sowed the seeds of social and economic inequality, comes new salary data by the Chartered Management Institute (CMI) and XpertHR, which reveals company directors (including chief executives) enjoyed pay increases almost twice the size of the average UK executive over the last 12 months. The research also found that the number of employers struggling with staff recruitment continues to increase year-on-year. Almost two thirds (64.7 per cent) of employers experienced problems with staff recruitment over the last 12 months – up from 58.7 per cent in the 2012 report and 48.9 per cent in 2011. More →

Private sector recruitment to increase, despite fragile economy

by • Knowledge, News, Workplace

Private sector employment

Employers from the private sector intend to hire new staff in the coming months, despite UK businesses not anticipating economic growth in the next two quarters. According to the latest Business Trends report by accountants and business advisers BDO LLP UK businesses’ hiring intentions over the next two quarters, reached 96.0 in March, the highest since August 2011. Peter Hemington, Partner, BDO LLP, commented: “It is encouraging to see improvement in UK businesses’ hiring intentions, particularly in light of the imminent public sector payroll cuts which will add pressure to the unemployment rate.” More →

Winners announced for 2013 real estate thought leadership

by • Environment, Facilities management, News, Property

CoreNet Global 2013 Awards for Industry Excellence, Economic Development and Sustainable Leadership:

An organisation that helps businesses set up or expand their offices in the San Francisco Bay Area and Google’s campaign to source more sustainable building materials are amongst the initiatives which have been recognized in CoreNet’s awards for Industry Excellence, Economic Development and Sustainable Leadership. Fidelity, Panasonic, Google, the Brick City Development Corporation and the San Francisco Center for Economic Development are all named as winners for three annual best practices awards by the corporate real estate (CRE) and workplace association. The awards are presented each year to industry leaders who demonstrate best-in-class practices in advancing corporate real estate thought leadership. More →

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