Search Results for: economy

The sector responds to the Spring Budget

The sector responds to the Spring Budget

by • Business, News

Yesterday’s Spring Budget included a number of announcements that affect the various people, place and technology professions in the UK. These include a cut in National Insurance, pension fund reforms, support for working parents, AI, helping people back in to work and more. You can see the Government’s own summary here. The various industry sectors have been quick to respond to the announcements. You can see what some people have had to say below, in no particular order. More →

Get tech right to tackle worker burnout and digital overwhelm

Get tech right to tackle worker burnout and digital overwhelm

by • Comment, Technology

Burnout is a complicated problem, and an important one for business leaders to address. There is no ‘silver bullet’ solution, but technology is one thing that organisations would be wise to get right.Recent data from Vitality found that the average employee works but underperforms during an average of 50 days a year due to burnout, stress, and insomnia – costing the UK economy £138bn. This corroborates findings from our own Work Innovation Lab which revealed that 4 in 10 UK employees say that their organisations are currently experiencing ‘a high rate’ of burnout. Concerningly, executives often don’t spot these problems until they’ve already taken a toll. More →

Joanna Knight

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Joanna Knight has over 30 years’ experience in marketing, sales, PR and journalism in the office / workplace sector and is currently moderator for the Sustainability and Circular Economy Group at Women in Office Design and Council member at the Furniture Industry Research Association.

If you want to increase productivity, let an algorithm decide the incentives

If you want to increase productivity, let an algorithm decide the incentives

by • News, Workplace

Targeting workers with different incentive schemes based on their individual characteristics leads to greater performance and increased productivity and is much more effective than a one size fits all approachTargeting workers with different incentive schemes based on their individual characteristics leads to greater performance and increased productivity and is much more effective than a one size fits all approach, according to new research from Frankfurt School of Finance & Management and published in the Management Science Journal. To study the impact of targeted incentive schemes on performance, Timo Vogelsang, Professor of Accounting at Frankfurt School of Finance & Management, alongside colleagues from University of Cologne, ran two large-scale experiments with more than 12,000 participants on Amazon MTurk. More →

New plans for public sector productivity ‘will deliver up to £1.8 billion worth of benefits by 2029’

New plans for public sector productivity ‘will deliver up to £1.8 billion worth of benefits by 2029’

by • News, Public Sector

The UK’s Chancellor of the Exchequer Jeremy Hunt has outlined plans to improve public sector productivity that the government claims will deliver up to £1.8 billion worth of benefits by 2029.The UK’s Chancellor of the Exchequer Jeremy Hunt has outlined plans to improve public sector productivity that the government claims will deliver up to £1.8 billion worth of benefits by 2029. The statement focuses on public sector productivity because the government says it is “an alternative to accepting an ever-increasing bill for public services as [it] sticks to its plan to move on from the high spending and high tax approach that was necessary to get the UK through the shocks of Covid and Russia’s invasion of Ukraine. A new focus is needed on the long-term decisions required to strengthen the economy and give people the opportunity to build a wealthier, more secure life for themselves and their family.” More →

Navel gazing may not be the answer to the challenges facing workplace professions

Navel gazing may not be the answer to the challenges facing workplace professions

by • Comment, Facilities management, Workplace, Workplace design

An adherence to strongly held beliefs can make people think and behave in peculiar ways and get them tangled up in peripheral issues that take on a great deal of significance. Early religious artists, for example, spent centuries wrestling with the seemingly intractable problem of whether to depict Adam and Eve with belly buttons or not. More →

University of Warwick receives £1.25 million to research how AI could change the market for real estate

University of Warwick receives £1.25 million to research how AI could change the market for real estate

by • AI, News, Property, Technology

The University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five yearsThe University of Warwick has received a £1.25 million donation to launch the FutureFinance.AI Research Group that could transform the way the world purchases, sells, rents and handles real estate over the next five years. Based in the Gillmore Centre for Financial Technology at Warwick Business School, the new Research Group will draw interdisciplinary scholars and thinkers from across the world to redefine and innovate the financial and property technology landscape. More →

Memories of the Office Age 

Memories of the Office Age 

by • Cities, Features, Working lives

memories of the office ageNo author uses the built environment like J G Ballard. In his 1975 novel High-Rise, the eponymous structure is both a way of isolating the group of people who live and compete inside it and a metaphor for their personal isolation and inner struggles. Over the course of three months, the building’s services begin to fail. The 2,000 people within, detached from external realities in the 40-storey building, confronted with their true selves and those of their neighbours, descend into selfishness and – ultimately – savagery.  More →

Cities worldwide are grappling with the delicate balance between nighttime charm and sustainability

Cities worldwide are grappling with the delicate balance between nighttime charm and sustainability

by • Cities, Environment, Features, Lighting

Cities worldwide, from London to Sydney, are grappling with the delicate balance between nighttime charm and prioritising sustainability. As well as the delights of daytime, cities around the world have long been defined by how their iconic landmarks come to life at night. Think of London’s illuminated riverside or Amsterdam’s canals lit up after dark. These vistas almost come to be synonymous with these places’ very identities. Aston Woodward, co-founder of asset management firm Oxygen also brings one of Australia’s best-known destinations into the mix. “Well-lit buildings at night in any city are attractive. Sydney is a good example and at night is dramatic. Many tourists as well as residents sit and admire a variety of size and colour and interactions generated from the buildings’ lighting.” More →

New occupational health taskforce will ‘tackle in-work sickness and drive down inactivity’

New occupational health taskforce will ‘tackle in-work sickness and drive down inactivity’

by • News, Wellbeing

New Occupational Health Taskforce to tackle in-work sickness and drive down inactivityBusinesses will be urged to tackle in-work sickness and stop people falling out the workforce, following the appointment of Dame Carol Black as the Government’s new Occupational Health Tsar. According to the Department for Work and Pensions, she will lead a new Taskforce to improve employer awareness of the benefits of Occupational Health in the workplace. More →

Home Sweet … Ergonomic Workspace. Why wellbeing and comfort matters when you work from home

Home Sweet … Ergonomic Workspace. Why wellbeing and comfort matters when you work from home

by • Company news, Flexible working, Furniture, Wellbeing

Just because you work from home, doesn't mean things are different when it comes to your wellbeing.Working from home offers a host of benefits: flexible hours, avoiding the commute, and the comfort of your own pyjamas (within reason, of course). But amidst the perks, it’s easy to overlook an often-forgotten aspect: ergonomics. That fancy term simply means designing your workspace to fit you, preventing discomfort and injuries. While ergonomics might seem less crucial in your home office, it’s just as important as in a traditional office setting. Just because you work from home, doesn’t mean things are different when it comes to your wellbeing. More →

Whenever I hear the future of work, I reach for my pistol

Whenever I hear the future of work, I reach for my pistol

by • Comment, Flexible working, Workplace design

the future of workFor years it has been evident that there is no ‘future of work’. There is only a journey with no destination and no single way of not getting to it. That hasn’t stopped people talking about it all endlessly. And each time they have, I’ve reached for my pistol. More →

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