August 11, 2020

UK faces urgent AI skills gap, Microsoft report claims

The UK is facing an AI skills gap that could leave companies struggling to compete with rivals from across the world, a new Microsoft report claims. The research, entitled AI Skills in the UK, also found that businesses in this country use less AI than firms overseas, and when they do it tends to be less advanced. UK organisations are also less likely to be classed as “AI pros” compared to the global average (15 percent versus 23 percent), and the UK has a higher failure rate of AI than the global average (measured by the number of projects generating no commercial value – 29 percent versus 19 percent). (more…)

August 11, 2020

Freelancer income fell by a quarter during lockdown

by Jayne Smith • News

In the second quarter of 2020, freelancers’ average income dropped by 25 percent, according to the latest freelancer Confidence Index by IPSE (the Association of Independent Professionals and the Self-Employed). According to IPSE, the drop in income was driven by a record fall in the average number of weeks freelancers worked this quarter. Between March and June, the average freelancer went 5.5 weeks out of 13 without work. Combined with a 3 percent fall in freelancers’ average day rates, this led to average quarterly earnings declining by 25 percent from £20,821 in Q1 2020 to £15,709 in Q2 2020. (more…)

August 10, 2020

Central London office leases fall by over half in second quarter of 2020

by Neil Franklin • News, Property

According to research from DeVono Cresa, the second quarter of 2020 saw 1.2 million sq. ft of office space leased across central London – a drop of 57 percent on the previous quarter. With the market feeling the full effects of the COVID-19 lockdown, demand, availability and rents in central London all trended as predicted, but with the pace somewhat subdued. Q1 2009, at the time of the Global Financial Crisis (921,000 sq. ft leased), remains the lowest quarter of take-up. (more…)

August 7, 2020

Wrong approach to leadership makes a fifth of CEOs a bad fit for their firm

by Neil Franklin • Business, News

Nearly a fifth (17 percent) of CEOs are largely unsuited to the companies they lead, according to new research from academics at Imperial College Business School, Harvard Business School, Columbia University and the London School of Economics. The paper, CEO Behavior and Firm Performance, is based on an analysis of the leadership behaviour of 1,100 CEOs based on their daily schedules. (more…)

August 7, 2020

People work longer (and different) hours under lockdown

by Neil Franklin • Flexible working, News

A new study published by the National Bureau of Economic Research claims that the average lockdown working day worldwide is now around 48 minutes longer than before the pandemic. In addition, the number of meetings also increased by 13 percent and people send an average of 1.4 emails more per day. In addition, people were working at different times of day to free up time for other activities and responsibilities. (more…)

August 7, 2020

A dog`s life in the future of work

by Mark Eltringham • Comment, Flexible working

Once upon a time. Not so long ago. We used to get ideas for stories on lots of different topics. These included those I often dismissed at the time as quaint, such as somebody’s thoughts on why you should bring your dog to work. Now I often hanker for such whimsy, faced with day 127 of an inbox stuffed with nothing much more than ‘how to return to the office after lockdown’. (more…)

July 30, 2020

Working from home parents have struggled during lockdown

by Neil Franklin • Flexible working, News

New research from the University of Kent and the University of Birmingham suggests that the recent surge in the number of people working from home during the COVID-19 lockdown has presented significant challenges for those who are parents, particularly mothers. Despite this, the shift has also changed the way that many people intend to work in the future. (more…)

July 28, 2020

Containing office costs in the post-lockdown era

by Guy Brett • Comment, Property

As companies transition back to the office and set out on the road to economic recovery, business leaders are focussed on developing resilient and sustainable strategies. Faced with a new business environment, companies are looking for opportunities to contain office costs, both in the short-term and in the future. Some who have been immune from cost pressures in the past are looking to contain if not reduce costs for the first time. And, after a forced trial of remote working, many are viewing their property portfolio in a new light and questioning whether they are paying for more space than they need. (more…)

July 27, 2020

Job market in London hit hardest by coronavirus pandemic

by Neil Franklin • News, Workplace

New analysis of online vacancy data suggests that parts of London are now the most economically at risk from the coronavirus pandemic. The analysis of the UK job market compares the number of people claiming unemployment-related benefits in each local area with the number of vacancies. It claims that the four areas with the highest number of unemployed per vacancy are London Boroughs – Lambeth, Haringey, Brent, and Barking and Dagenham – with more than forty claimants chasing each available job. More than a third of all areas with thirty or more claimants-per-vacancy are London Boroughs. (more…)

July 23, 2020

BCO launches podcast to explore the future of offices

by Mark Eltringham • Company news, Property

The British Council for Offices (BCO) has launched its first podcast, a 12-episode series, hosted by chief executive Richard Kauntze, which explores how COVID-19 is impacting the office, both in the long and short term. The interviews are edited versions of a recently run video series by the BCO. (more…)

July 21, 2020

Workplace design in a new age of reason

by Mark Eltringham • Comment, Facilities management, Workplace design

The enduring but changing struggle to improve the working conditions and performance of people through workplace design and management has more than a whiff of the Enlightenment of the Seventeenth and Eighteenth Centuries about it. The Enlightenment marked a new era in which the old superstitions and dogmas were to be overthrown by pure reason.

(more…)

July 17, 2020

Your working day is never finished, merely abandoned

by Mark Eltringham • Comment, Flexible working, Technology

It’s been talked about for a number of years now but we can expect to be hearing a lot more about the four day week or six hour day soon. The modern conversation has its roots partly in a Swedish experiment designed to limit the hours people work in an attempt to improve their work-life balance and possibly even increase their productivity. Now a growing number of firms are looking to introduce a nominal four day working week or restrict the use of technology – meaning email – outside of certain hours. (more…)