Search Results for: economic

Ping pong, perks, pizza and beanbags won’t get you a better workplace culture

Ping pong, perks, pizza and beanbags won’t get you a better workplace culture

Organisations have become increasingly inward-looking, preoccupied more with symbolic purpose statements and curated internal experiences of workplace culture than delivering real value to the business or its customersBusiness has taken a wrong turn. Since the 2008 financial crisis, best practice has led companies to believe that the route to driving greater productivity and performance is to establish a workplace culture that prioritises purpose, meaning, and how people feel. As a result, organisations have become increasingly inward-looking, preoccupied more with symbolic purpose statements and curated internal experiences than delivering real value to the business or its customers. However, in today’s challenging economic climate, and with UK productivity at an all-time low, this navel-gazing approach is not only proving ineffective, but is also actively holding companies back. What began as a well-meaning shift towards cultivating happier employees has become a harmful distraction from genuine employee engagement and performance. (more…)

Most organisations now think they reduced their office space too much in the wake of the pandemic

Most organisations now think they reduced their office space too much in the wake of the pandemic

According to The Office Occupiers Report 2025 from Irwin Mitchell nearly two-thirds of the organisations surveyed now believe they may have downsized their office space too much over the past few years.Most UK businesses now believe they got their office space strategies wrong in the wake of the pandemic. According to The Office Occupiers Report 2025 from Irwin Mitchell nearly two-thirds of the organisations surveyed now believe they may have downsized their office space too much over the past few years. Consequently, 45 percent are planning to expand their office footprint within the next 12 to 18 months, compared to just 10 percent considering further reductions. (more…)

Office design and the office market are not what you might be led to believe

Office design and the office market are not what you might be led to believe

The future of office design is that the physical workplace will resemble nothing so much as an upscale hotel, right? Right?Over the weekend The Times published an article headlined “The ‘super-prime’ offices designed to lure WFH staff back in”. It described how firms are reshaping offices in the image of upmarket hotels, with enticing features such as gyms, childcare, cinemas, climbing walls, lounges and restaurants (run by Gordon Ramsay natch). These are luxury spaces to make the office worth the commute, as the cliché goes. Although the author concedes that this is largely a London phenomenon in the UK, the implication is that offices everywhere must ape this office design approach to some degree to meet the demands of the post-covid workforce. This is compelling stuff and not the first time you will have heard the argument. But, is it true? (more…)

The world needs amazing leaders like never before. But where are they?

The world needs amazing leaders like never before. But where are they?

rapid changes in today’s environment can put even the best leaders under immense strain and cause ripple effects within the organisationDemand for integrity and strength in leadership has never been greater. A wave of quickly evolving AI technologies, combined with geopolitics and other pressures, is increasing this need at an unprecedented pace. The rapid changes in today’s environment can put even the best leaders under immense strain and cause ripple effects within the organisation. In fact, even those changes that are expected to bring efficiency and simplicity like GenAI, translate into confusion, anxiety, and complexity in many situations. According to McKinsey research, a staggering 56 percent of employees report that their leaders are either mildly or highly toxic. Even more concerning, 75 percent of employees identify their boss as the most stressful part of their workday. (more…)

Future of Work 2025: WEF report sets out the unsurprising but profound changes ahead

Future of Work 2025: WEF report sets out the unsurprising but profound changes ahead

The latest report on the future of work forecasts profound but entirely unsurprising changes for the workplace over the next five yearsThe latest Future of Jobs Report from the World Economic Forum forecasts profound but entirely unsurprising changes across global labour markets over the next five years, as technological breakthroughs, demographic shifts, and the green transition redefine the physical and digital workplace. Drawing on insights from over 1,000 employers, representing more than 14 million workers across 55 economies, the report on the future of work claims that technological change—particularly the rise of generative AI (GenAI)—will be the most powerful driver of workplace transformation by 2030. Broadening digital access is expected to reshape six in ten businesses, followed closely by AI and robotics, which are both forecast to simultaneously create and displace jobs on a massive scale. (more…)

Prime office rents around the world continue to rise

Prime office rents around the world continue to rise

ental growth for prime office space around the world accelerated in the first quarter of 2025, increasing on average by 0.6 percent, following a 0.3 percent increase in Q4 2024Rental growth for prime office space around the world accelerated in the first quarter of 2025, increasing on average by 0.6 percent, following a 0.3 percent increase in Q4 2024, says Savills. Fit out costs also rose by 0.7 percent in the first quarter, following a 0.2 percent increase in Q4, as demand for top quality office space continues unabated. According to Savills Q1 2025 Prime Office Costs report, in the first quarter average ‘all-in’ net effective costs (rent plus fit-out costs) rose by 0.5 percent, with 21 of the 40 locations monitored recording an increase, continuing a moderate upwards trend of 3.3 percent over the last year. (more…)

Pace from Profim. Where design meets human-centred innovation

Pace from Profim. Where design meets human-centred innovation

Profim proudly unveils Pace, an innovative task chair that redefines comfortable, sustainable seating for the modern workplace. Created by Germany's ITO Design, the studio behind Profim's bestselling Xenon and AccisPro lines, and engineered in Poland, Pace seamlessly blends German design precision with Polish manufacturing excellence. The chair's clean, contemporary silhouette adapts effortlessly to diverse work environments.Profim proudly unveils Pace, an innovative task chair that redefines comfortable, sustainable seating for the modern workplace. Created by Germany’s ITO Design, the studio behind Profim’s bestselling Xenon and AccisPro lines, and engineered in Poland, Pace seamlessly blends German design precision with Polish manufacturing excellence. The chair’s clean, contemporary silhouette adapts effortlessly to diverse work environments. Its Synchro SFL MAX mechanism enables smooth, natural movement, providing subtle support for different seating positions without compromising visual elegance. With multiple backrest, lumbar support, and armrest options, Pace enhances comfort while helping to reduce workplace health concerns, making it ideal for settings ranging from startups to corporate offices. (more…)

Negative feelings about work continue to grow, especially for managers

Negative feelings about work continue to grow, especially for managers

People are becoming increasingly disengaged from work at a time when technological change is demanding more from them than everThe State of the Global Workplace: 2025 Report from Gallup frames a stark warning to business leaders and policymakers: people around the world are becoming increasingly disengaged from work at a time when technological change is demanding more from them than ever before. As artificial intelligence (AI) accelerates across industries, transforming everything from operations to communication, the human foundations of the workplace—employee engagement and wellbeing—are showing signs of deep strain. (more…)

People’s expectations of work have changed forever (and they think office work should pay better than remote work)

People’s expectations of work have changed forever (and they think office work should pay better than remote work)

The Covid-19 pandemic and the rapid shift to remote work have had a “radical impact” on the global workforce, particularly among younger employeesThe Covid-19 pandemic and the rapid shift to remote work have had a “radical impact” on the global workforce, particularly among younger employees who began their careers during this unprecedented period, according to new research published by BSI in collaboration with the think tank ResPublica. The study, part of BSI’s Evolving Together series, claims to provide a comprehensive picture of a workforce cohort shaped by the pandemic and explores how these formative experiences continue to influence their expectations and behaviours. Drawing on a global survey of 4,700 individuals who entered the workforce during or since the pandemic, as well as focus groups and international literature reviews, the research sets out to paint a nuanced portrait of the so-called “hybrid generation”. (more…)

Firms scale back recruitment plans in wake of National Insurance hike

Firms scale back recruitment plans in wake of National Insurance hike

Nearly half of all companies across the UK are scaling back recruitment plans because of the hike in employers’ National Insurance which comes into effect on April 6thNearly half of all companies across the UK are scaling back recruitment plans because of the hike in employers’ National Insurance which comes into effect on April 6th, according to a new poll by Reed. The survey found that 46 per cent of firms said that recruitment decisions would be impacted due to the tax increase, with many reporting that they were already not hiring or postponing recruitment. Reed say the findings demonstrate the negative impact the increase in employer’s NI is having on the labour market, which has already seen vacancies fall for a record period. (more…)

Office fit out costs rise as firms adapt to new ways of working

Office fit out costs rise as firms adapt to new ways of working

A renewed focus on office space comes at a price, with businesses facing rising office fit out and design costsAccording to a new report from JLL, the office sector is again taking ‘centre stage’ in commercial real estate as companies worldwide adapt hybrid work policies to encourage greater in-office attendance. However, this renewed focus on office spaces comes at a cost, with businesses facing rising expenses to design and fit out their work environments. According to JLL’s newly released Global Office Fit-Out Costs Guide 2025, 59 percent of organisations globally plan to increase investment in office space design and fit-outs over the next five years. The report, which analyses data from 68 cities across 40 countries, highlights significant cost variations, key cost drivers, and the growing demand for sustainable office spaces. (more…)

Flexible workspace, cognitive dissonance and lessons learnt from The Shining

Flexible workspace, cognitive dissonance and lessons learnt from The Shining

If you were to take LinkedIn posts as a barometer of market confidence you would get the sense that flexible workspace / coworking is powering ahead. But this initial impression is simply not backed up by the statsAt the start of the Shining, the seminal horror film of the 1970s, the fantastically unsettling orchestral score provides the clue that this happy family of the opening scene is going to end very, very badly. But the key element of the film is the casting of Jack Nicholson in a kind, smiling role as a writer and loving parent – from the minute the camera settles on that jarring smile, it is obvious that something is off. And this is cognitive dissonance – Jack is being portrayed as a loving husband to Shelley Duvall with your nerves jangling and telling you that he is everything but that…… (more…)