Search Results for: economic

Commercial property market will be shaped by climate change in 2020

Commercial property market will be shaped by climate change in 2020

commercial propertyThe world’s commercial property markets will be defined this year by low interest rates, socially responsible investing, cautious optimism and climate change as well as six other factors according to Avison Young’s 2020 Forecast. The annual report series claims to provide perspective on how global events, trends and indicators impact commercial real estate in a variety of sectors, including capital markets, office, retail, industrial, multi-family and hospitality, among others.

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Employers shift focus to wellbeing and employee benefits

Employers shift focus to wellbeing and employee benefits

wellbeingNew research from Aon claims that employers have increased their strategic focus on both emotional and financial wellbeing programmes, while physical wellbeing programmes have remained largely static. Aon’s UK Benefits & Trends 2020 Survey (registration) shows that 51 percent of employers now have financial wellbeing strategies in place, up from 21 percent three years ago, while 68 percent have emotional wellbeing strategies, up from 41 percent. These were the least developed pillars of employee wellbeing when Aon asked organisations in its 2017 UK Health Survey. More →

Disconnect between HR and finance is key to productivity puzzle

Disconnect between HR and finance is key to productivity puzzle

The barrier to productivityA continued disconnect between HR, Finance and business leaders is an important driver of the UK’s enduring low productivity levels, a new report claims. The research commissioned by OrgVue, claims that if better organisational planning was adopted by UK organisations, GDP could be boosted by £10.4 billion due to improved productivity. More →

Renewable energy should make up half of all supply by 2030

Renewable energy should make up half of all supply by 2030

renewable energyThe share of renewables in global power should more than double by 2030 as part of a ‘decade of action’ to advance global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to the International Renewable Energy Agency (IRENA). Renewable electricity should supply 57 per cent of global power by the end of the decade, up from 26 per cent today. More →

The Fourth Industrial Revolution is upon us and we`re not ready for it

The Fourth Industrial Revolution is upon us and we`re not ready for it

fourth industrial revolution Cast your mind back a decade or so and consider how the future looked then. A public horizon of Obama-imbued “yes we can” and a high tide of hope and tolerance expressed in the London Olympics provides one narrative theme; underlying austerity-induced pressure another. Neither speaks directly to our current world of divisive partisan politics, toxic social media use, competing facts and readily believed fictions. More →

Other things being equal, this year will see the end of open plan and start of a four day week

Other things being equal, this year will see the end of open plan and start of a four day week

You’ll only get one prediction from me this year and that’s about how all of the other workplace predictions will be cut and paste jobs from the past three decades and more. If you want to take a cynical approach to the whole thing, you’ll find one from your humble servant here. Apart from that, if you only read one set of actual predictions for 2020 or even the Twenties (that’ll take some getting used to), then make it this from an author also jaded and burdened by too many glib pronouncements about work and workplaces in general and the annual parade of predictable predictions in particular. More →

The culling of freelancers with IR35 is a really, really bad idea

The culling of freelancers with IR35 is a really, really bad idea

IR35 and freelancersImagine a world with no freelancers, holiday cover workers, or people to help fill the hiring gaps on projects. With IR35 extending into the private sector, this could be a reality; and we should be worried that a skilled and flexible workforce of freelancers could soon be extinct. Instead of dealing with the headache of the new regulations, 20 percent of UK businesses said they plan to axe contract workers. Freelancers themselves might be worried about how the new iteration of IR35, due to come into force in April next year, will affect their ability to work, and hastily take on permanent positions. More →

The tipped out, left out and fallout from a failing workplace culture

The tipped out, left out and fallout from a failing workplace culture

The big workplace news story of the past week or so appears to be one about a toilet seat. Sometimes it’s in the small things we can discern a greater truth. To see a world in a grain of sand, as William Blake wrote. The seat of this much discussed loo is tilted forward by 13 degrees so that after about five minutes it becomes very uncomfortable because people tire of using their legs to stop themselves sliding off. The reason is clearly to stop them ‘wasting time’ on the toilet. More →

Climate change emergency demands more and better action

Climate change emergency demands more and better action

Davos and climate changeFour years after the Paris Climate Agreement, tangible action from governments is falling well short of what is needed to restrict global warming to 1.5° Celsius. Meanwhile, the actions of the majority of businesses that do support emissions reductions also currently fall far short of where they need to be to address climate change. A new impetus for 2020 to raise company ambitions to net zero emissions by 2050 at the latest, is required. These are the findings of a new report, The Net Zero Challenge published by the World Economic Forum. More →

Wellbeing is increasingly in the hands of HR and the future looks bright as a result

Wellbeing is increasingly in the hands of HR and the future looks bright as a result

Wellbeing in office designThe future of workplace wellbeing is in HR’s hands; hence, the discipline is even more pivotal to organisational success. As admin and payroll become increasingly digitised and automated, time can be spent more effectively, supporting good people to do good work. Influential people are now catching on to the importance of wellbeing. New Zealand’s Prime Minister Jacinda Ardern told More than GDP, “We need to address the societal wellbeing of our nation, not just the economic wellbeing”. Her government will set a budget to measure wellbeing and the long-term impact of policy on the quality of people’s lives. More →

Two-thirds of major world cities set for weaker growth as global slowdown bites

Two-thirds of major world cities set for weaker growth as global slowdown bites

Amsterdam is one of the citiesA new report from Oxford Economics (registration) predicts that the present slowdown in the global economy will persist into next year and it is already having a significant impact on growth in the world’s major cities and their prospects. Of the top 900 cities around the world, the report predicts that just under two-thirds, some 586, will experience slower growth in the period 2020-21 than they enjoyed during  the past five years – in some cases, very markedly slower, with growth rates of some key cities halved or more. More →

Firms know of a link between worker experience and success, but cannot find it

Firms know of a link between worker experience and success, but cannot find it

worker experienceAgainst a backdrop of Brexit, political turmoil and a global talent war, retaining the best staff to deliver a competitive advantage has become a crucial priority for many UK business leaders – however few know how to create and deliver the best worker experience, according to new research from Kincentric. More →