August 30, 2022

Is the growing number of working mums a cause for celebration or concern?

Working mothers are a resilient group, accustomed to juggling work responsibilities and family time with aplomb. Such was the conclusion in a report from McKinsey last year. But the day-to-day challenges they face can severely test that resilience. The proportion of working mums in the UK has just matched the highest ever recorded figure. In the three months to June, 75 per cent of women with dependent children were in employment, according to the Office for National Statistics. By comparison, 93 per cent of fathers were in employment during the same period. (more…)

August 24, 2022

Workplace decision making is subject to a number of conflicting forces

by Neil Franklin • News, Workplace

A new survey from 15Five claims that the workplace is in a state of upheaval, with one-third of workers planning to quit their jobs despite the potential economic downturn. Conversely, nearly one in five organisations are planning on layoffs, and more than one-third of HR leaders have rescinded job offers. The poll of 1,000 US full time employees and 500 HR leaders [registration] also claims that work-life balance is a top concern for employees, behind only pay and health benefits. When HR leaders were asked what was most important to their employees, work-life balance claimed the number one spot (64.6 percent), followed by health benefits (62.8 percent) and growth opportunities (54.6 percent). (more…)

July 28, 2022

Personal space is not merely an issue of hygiene, but a biological imperative

by Mark Eltringham • Comment, Wellbeing, Workplace design

The current debate about how much space we will need in the office from now on is not new. As with many of the debate’s facets, the point at which we find ourselves has long been our destination. We’re just here earlier than we might have expected. (more…)

July 28, 2022

Commercial real estate enters downturn in UK, claims RICS

by Jayne Smith • News, Property

The UK’s commercial real estate market is entering or might already be in a downturn, according to an industry survey from the Royal Institute of Chartered Surveyors. As higher interest rates push up investors’ financing costs and economic sentiment takes a dive, 43 percent of respondents to its quarterly commercial property survey thought the sector was in the early stages of a downturn, and a further 10 percent thought it was in the middle of one. By contrast, three months ago 53 percent said the sector was in the early or middle stages of an upturn, a proportion that has now slumped to 22 percent. (more…)

July 14, 2022

Rising office fit-out costs begin to hit occupiers

by Jayne Smith • News, Property

An analysis by Savills of Q2 2022 Prime Office Costs (SPOC) in global markets around the world suggests that inflation and supply chain issues are now feeding into office fit-out costs and keeping occupiers’ net effective costs high in many cities around the world. Over the past year office fit-out costs have risen an average of 6 percent across the SPOC cities that have so far reported rises says Savills, although proportionally they remain a small part of overall costs compared to rents. (more…)

July 14, 2022

UK ranks 17th worldwide for remote work

by Neil Franklin • Flexible working, News, Technology

The UK ranks 17th in the world for remote work, according to a new report released by NordLayer. The report evaluated 66 countries in total. The report claims that the two biggest factors in the UK’s score are a relatively low cybersecurity ranking and a lower than expected digital and physical infrastructure ranking. The report concludes that the UK is not necessarily unsafe to work digitally but is taking longer than other countries to adapt and evolve digital practices and standards. (more…)

July 13, 2022

Confetti launches new collection of team building experiences as demand for DE&I in business increases

by Freddie Steele • Company news

With McKinsey & Company reporting that businesses with more diverse teams —whether that’s racially, socio economically or educationally— are 35 percent more profitable than organisations that are not, tech start-up Confetti, a website for booking virtual corporate development and team building events, has launched a new Diversity, Equality and Inclusion (DE&I) collection of 27 distinctive team building experiences, aiming to release five new experiences every month. (more…)

July 1, 2022

UK rated world number one as Europe sets the standard on real estate transparency

by Jayne Smith • News, Property

Europe is leading the way on real estate transparency as a raft of new sustainability legislation raises industry standards, according to the latest Global Real Estate Transparency Index [registration] published by JLL, in partnership with LaSalle. Six of the 12 countries classed as ‘Highly Transparent’ in the report are in Europe with France, the Netherlands, Germany and Belgium among the most improved, joining Ireland and Sweden. (more…)

July 1, 2022

Skills shortages lead to fall in wellbeing, increased workload and decreased profitability

by Jayne Smith • News, Wellbeing, Workplace

According to The Open University’s Business Barometer 2022 report, published in partnership with the British Chambers of Commerce, UK organisations are experiencing the knock-on effect of ongoing skills shortages, as more than three quarters (78 percent) report seeing reduced output, profitability or growth. The Open University’s annual report which sets out to provide an overview of UK skills , also highlighted the effect the skills shortage seems to be having on morale and wellbeing, as almost three-quarters (72 percent) of organisations say the impact increases workload on other staff. (more…)

June 30, 2022

Four day week rejected by majority of SME leaders

by Neil Franklin • Flexible working, News

Around three quarters (76 percent) of UK business leaders are either unlikely or very unlikely to introduce the four day work week to their business, according to the latest quarterly UK SME CEO Confidence Index for Q2 2022 from Vistage. The study reports that the SME business confidence index hit 77 points, a 22 percent decrease since the last quarter. The index suggests that small and medium sized businesses overall feel pessimistic about the current economic landscape. 69 percent of SME leaders think that economic conditions have significantly worsened over the last 12 months. Only 5 percent predict that the economic landscape will improve over the next year, while 72 percent strongly believe that the economy will further deteriorate. (more…)

June 30, 2022

Supply chain disruption sees costs and complexity ramp up

by Freddie Steele • News, Works Magazine

Two-thirds (66 percent) of large enterprises globally say they are keeping more stock on hand now compared to the pre-pandemic period, with nearly one in five in total (18 percent) retaining ‘significantly more’ stock. This growing focus on taking innovative measures to address supply chain disruption is highlighted in new research commissioned by IFS, polling over 1,450 senior decision-makers at large enterprises across France, Germany, Nordics, USA, the UK and the UAE. (more…)

June 28, 2022

Is change your friend or your enemy?

by Jennifer Bryan • Comment, JB, Workplace

Is change your friend or your enemy? If you are a young person leaving home for the first time and are excited about the prospects of striking out on your own – change is most likely your friend. But if you are the parent, watching your child leave the nest, and your close protection, then change could very possibly be your enemy. The same is true when it comes to introducing new ways of working in an organisation. Some people will like the ‘old ways’ because they are familiar and comfortable – they are like second nature and hence don’t take any real thinking. Whereas for others, the ‘new way’ may be quite faster, easier or simply exciting because it is different. (more…)