Search Results for: economic

February 25, 2013

Employee burnout commonplace in third of UK companies

by Sara Bean • Legal news, News, Workplace

Burnout

Employee burnout is endemic within a third of UK organisations. According to new research from recruitment specialist Robert Half UK three out of ten (30 per cent) UK HR directors reported high levels of employee burnout, which rises to more than a third (35 per cent) for those in London and the South East and publicly listed companies. Two thirds (67 per cent) of UK HR directors cite “workload” as the primary reason for employee burnout, although this figure rises to three quarters (75 per cent) for large and 73 per cent for public sector companies. More →

February 24, 2013

What gets measured in the workplace, gets managed

by Paul Statham • Comment, Facilities management, Technology, Workplace design

Are we finally seeing the first signs of the end of the downturn? Earlier this week the Government announced that UK unemployment had fallen. While I know there have been quibbles about what this all meant, other data from specific market sectors backs up the idea that we may be seeing some tentative causes for hope. One of the most heartening was last week’s survey from Randstad which reported growing levels of optimism among financial services firms about their prospects and the fact that the majority would be increasing headcount this year.

February 22, 2013

US Federal government confirms green-building requirements

by Sara Bean • Architecture, Environment, Facilities management, Property, Public Sector

the_white_house_0

A new study prepared for the United States Department of Defense (DoD) by the National Research Council has given the seal of approval on the importance of green-building certification programs as tools to reduce energy use and other operational costs. “This reaffirmed what we’ve been saying all along – that LEED makes good economic sense,” said Fleming Roberts, Associate, Policy & Advocacy at the US Building Council. “The report recommended that the Department of Defense should require its new buildings or major renovations to be designed to achieve at least LEED Silver certification.” More →

February 21, 2013

UK employment rises but pay rates are squeezed

by Sara Bean • News, Workplace

pay squeeze

The UK employment rate is now higher than in the United States and is well above that in the Eurozone. However, pay levels remain low, with basic pay inflation now at just 1.3 per cent. According to the latest figures from the Office for National Statistics long-term unemployment fell by 15,000 this quarter to its lowest level for nearly a year. Nigel Meager, Director at the Institute for Employment Studies, commented: “The UK stands in contrast to developments in the Eurozone, where employment and unemployment figures are continuing to deteriorate.” More →

February 18, 2013

Flexible working bolstering employment growth in UK

by Sara Bean • News, Workplace

Jobs

Employment will continue to grow in the first quarter of 2013, despite stalled economic growth. According to the latest Chartered Institute of Personnel and Development (CIPD)/SuccessFactors Labour Market Outlook the proportion of employers that intend to increase total staffing levels remains positive for the first quarter of 2013. Gerwyn Davies, Labour Market Adviser at the CIPD, said: “While muted pay growth is playing a part, we also see continued evidence that employers are reluctant to lay-off skilled workers.” He added: “Some employers are clearly using flexible working and reduced hours to adapt to trading conditions.” More →

February 13, 2013

Net-Zero buildings top measure of sustainability success

by Sara Bean • Architecture, Environment, News, Property, Workplace design

the Crystal

Net-zero commercial buildings, i.e. those that produce at least as much energy as they consume should be the long-term aim of corporate energy strategies, says a CoreNet Global statement. “Smart and responsible energy policies and practices reduce corporate carbon footprints and greenhouse gas emissions, (and) we encourage our members’ companies to drive energy efficiency to optimal levels with net-zero buildings as a top measure of long-term success.” The global real estate association calls on governments around the world to incentivise building owners, investors and occupiers who proactively reduce their carbon footprints. More →

February 8, 2013

Consolidation of state properties boosts London economy by £3.5bn

by Mark Eltringham • Property, Public Sector

According to a new report from property consultancy Knight Frank into the impact of the Government’s policy of consolidating and improving the management of the public sector estate in London, the economy has been boosted by as much as £3.5 billion. The study has reviewed the results of the work carried out by the Cabinet Office’s Efficiency and Reform Group at 16 properties in central London including the Department for Business, Innovation and Skills, the Department for International Development, the Land Registry and the Crown Prosecution Service. Many of these sites were seen as dated and have now been redeveloped for use by other organisations. More →

February 5, 2013

MIT survey shows link between sustainability and profitability

by Mark Eltringham • Environment, Knowledge

A report published today by the Massachusetts Institute of Technology (MIT) Sloan Management Review and The Boston Consulting Group has found that more than half of companies see a rise in profits when they embrace a more sustainable business model. In addition to the link between sustainability and profitability, the number of companies reporting a profit from their sustainability efforts rose 23 percent last year, to 37 percent of the total, according to the report entitled The Innovation Bottom Line. The survey of 2,600 managers and executives around the world, also found that nearly half of respondents said their companies had changed their business model as a result of sustainability opportunities. More →

February 1, 2013

We shape the World’s cities, then they shape us

by Mark Eltringham • Architecture, Environment, Knowledge, Property

The story of the world’s cities is often told not in words but in numbers. This is especially the case with the megacities – those with a population in excess of 10 million – which obtain enough critical mass not only to produce eye boggling statistics but also to distort the fabric of whole regions and change the way people live and behave. This is true for the established megacities of London, New York and Tokyo as well as the emerging global metropolises in Sao Paolo, Beijing, Mumbai, Shanghai, Cairo and Istanbul.

January 30, 2013

Employers overlook flexible working alternative to redundancy

by Sara Bean • News, Workplace

Flexible

Only 22 per cent of UK managers believe their companies are very effective at redeploying employees rather than making redundancies. And according to new global research it’s a worldwide problem, with almost three in ten employers believing their organisations are “not effective”. Mark Hodgson, practice leader of Talent Management in Right Management UK & Ireland said: “The results suggest that businesses aren’t seeing redeployment as a feasible way of making savings and keeping staff. Businesses can’t afford to underestimate the importance of a flexible workforce in this tough economic climate.” More →

January 29, 2013

Global 100 green companies announced during Davos

by Sara Bean • Environment, News

The top-ranked company in the Global 100 list of the world’s most sustainable corporations is Umicore, a Belgium-based materials technology and recycling company. The rest of the top five announced recently at the World Economic Forum in Davos, Switzerland, were Natura Cosmeticos, Statoil, Neste Oil and Novo Nordisk. Hailed recently as the world’s most credible corporate sustainability ranking, the Global 100 is compiled by Toronto-based media and investment research company Corporate Knights, and consists of the 100 top-performing stocks worldwide on a range of sector-specific ‘sustainability’ metrics.

January 28, 2013

Innovation needed to catapult UK to technology success

by Sara Bean • News, Technology

Catapult centre

The government must scale up the UK’s new programme of technology and innovation centres – Catapults – by 50% to 100%, the Big Innovation Centre will announce at a meeting at the House of Lords today. Will Hutton, chair of the Big Innovation Centre at the Work Foundation warned: “Catapults are desperately needed and important new institutions that could allow the UK to reproduce German success in 21st century industrial sectors and services. Yet the Catapult programme needs to be bigger and bolder in its scope, aims and resources if their potential as convenors, catalysts, risk-mitigators and horizon scanners is to be fully exploited.”