Search Results for: economy

May 16, 2022

Competition for talent is fierce, but employers edge away from pay to attract people

New CIPD research claims that almost half (45 percent) of UK employers report having vacancies that are hard-to-fill, and almost two thirds (65 percent) anticipate problems filling vacancies in the next six months. The most common response made in the past six months by employers with hard-to-fill vacancies has been to increase pay (44 percent). However, only a quarter (27 percent) of organisations plan to raise wages in response to the competition for talent in the future. This suggests that organisations may be approaching their limit on this ‘quick win’ strategy and are exploring alternative options, such as upskilling people and flexible working, to attract and retain people. (more…)

May 2, 2022

Why the over 50s are leaving the workforce in huge numbers

by Carlos Carillo-Tudela et al • Features, Wellbeing, Workplace

The UK economy has a problem with its over 50s: following the COVID pandemic, they have been leaving the labour force en masse, causing headaches for businesses and the government. Roughly 300,000 more workers aged between 50 and 65 are now “economically inactive” than before the pandemic, leading a tabloid paper to dub the problem the “silver exodus”. Being economically inactive means that these older workers are neither employed nor looking for a job. Of course, it could simply be that workers saved more during the pandemic and can now afford to retire in comfort earlier than planned. (more…)

April 28, 2022

British Council for Offices honour London’s best workplaces at annual Regional Awards

by Neil Franklin • News, Property

Six London workplaces have been recognised at the annual British Council for Offices’ (BCO) Regional Awards. The London Awards Lunch returned in-person to the London Hilton on Park Lane, recognising the highest quality developments in London and setting the standard for excellence in the office sector across the UK. The winning workplaces include: 80 Charlotte Street (Commercial Workplace); Plumtree Court, 25 Shoe Lane (Corporate Workplace); Dojo, The Brunel Building, 2 Canalside Walk (Fit Out of Workplace); ASOS HQ, Greater London House, 180 Hampstead Road (Refurbished/Recycled Workplace); Pennybank , 33-35 St John’s Square (Projects up to 1,500m sq. ); 1 Triton, 1 Triton Square, Regent’s Place (Innovation) (more…)

April 28, 2022

We need to seize the chance to make our buildings far more intelligent

by William Poole-Wilson • Comment, Environment, Property, Workplace design

Even before the pandemic, statistics were making the case for workplaces to be made up of more intelligent buildings. This includes the fact that offices generally operate at around 55-60 percent utilisation, and as we return to the office are currently at 45 percent utilisation. From presenteeism to absenteeism and many other factors in between, workplaces have seldom been utilised by entire workforces at the same time. However, the prevailing approach has been for firms to drive an office setup with one-to-one desking – a seat for every employee, even though five in 10 would not be in at any one time. (more…)

April 13, 2022

Experimentation is the name of the game

by Eugenia Anastassiou • Comment, Facilities management, Flexible working, Workplace design

Uncertain times call for different measures and approaches, the old rules and playbooks are no longer applicable – so what are you going to do? Sit around, stagnate, hanker after old solutions trying to manipulate and squeeze them into new, unknowable, untried paradigms? No! One thing human beings are fairly good at is evolving and adapting to new and unknown situations and as we all know, being flexible and accepting change creates resilience and ensures survival. (more…)

April 12, 2022

Sustainable office design relies on everybody sharing knowledge

by Harsha Kotak • Comment, Environment, Workplace design

Back in 2018, I launched a group called Women in Office Design. I wanted to inspire and empower women involved in the profession of office design and creation. The opportunity to develop and enhance my skills and understanding was a fundamental reason why I formed WOD. Reading and research is beneficial but it’s important to take the time to reach out to others in the industry, especially on the most important issues of our day such as sustainable office design. (more…)

April 6, 2022

Structural and cultural change are what we need to escape the wellbeing rut

by Simon O'Kane • Comment, Flexible working, Wellbeing

Wellbeing has been one of the largest challenges to the UK workforce over the last several years. A recent study by the Mental Health Foundation and the London School of Economics and Political Science (LSE), states that mental health problems cost the UK economy at least £117.9 billion every year – around 5 percent of the UK’s GDP. Companies recognise the urgency to help: British employers planned to increase spending on employee mental health and wellbeing by 18 percent from 2021 to 2022. But the long and short of the issue is that this progress is being outpaced by accelerating burnout rates among workers. (more…)

April 5, 2022

Flexible working could open up workplace to 1.3 million people

by Neil Franklin • Flexible working, News

Greater workplace flexibility could help open up new employment opportunities for 1.3 million people in the UK with disabilities, caring responsibilities, and those based in rural locations, according to a new study from LinkedIn. For those who may struggle to commute or work regular hours, the opportunity to work from home or enjoy flexible working options has the potential to improve workforce inclusion while adding a potential £40 billion to GDP. (more…)

March 31, 2022

UK tech talent shifts from London to other cities

by Neil Franklin • Cities, News, Workplace

The number of professionals with technology skills is expanding at a faster pace in the North of England than in London and the South of England, as demand for technology talent increases around the country, according to the latest U.K. Tech Talent Tracker from Accenture. The tracker, which analyses LinkedIn’s Professional Network data, finds that the pool of technology talent in cities in the North of England has grown on average by 15 percent in the last year, outpacing southern cities that grew on average at 9 percent. Technology talent in cities across Scotland and Wales has grown on average by 5 percent and 9 percent respectively. (more…)

March 29, 2022

Making sense of an uncertain but energetic return to some sort of normal

by Eugenia Anastassiou • Features, Flexible working

The first Omnirama event on the 23rd of March launched the series exploring different factors challenging the world of work in a time of prevailing uncertainty. Underlying Ominirama’s raison d’etre is that recent events have turned the status quo on its head with some major structural and systemic changes taking place. Nobody seems to have any clear idea of how to deal with this enormous transformation in the ways we work All the playbooks and all the guidance that we have all relied upon for so many years have now gone out the window. (more…)

March 29, 2022

The Great Resignation and what is really happening

by Carlos Carillo-Tudela et al • Features, Workplace

The ‘Great Resignation’ is a buzzphrase that first appeared in May 2021, and has struck fear into the hearts of employers ever since. Coined in the US, the term refers to the unprecedented rise in the number of workers resigning from their jobs following the pandemic. There has since been a huge amount of research trying to work out why this has happened. Are workers quitting work entirely, as the pandemic makes us re-evaluate our priorities? Or are they quitting to pursue their dreams in a different career? (more…)

March 23, 2022

A burst of technological innovation is reshaping the future of work

by Toby Benzecry • Comment, Flexible working, Technology, Workplace design

Even as we begin to glimpse the light at the end of the tunnel of the pandemic, evidence suggests that many workers want to carry over the working flexibility that the pandemic afforded into the post-pandemic world and a new future of work. Namely, employees are wanting to adopt a ‘mixed’ working style – spending time both working in the workplace, enjoying the office’s many benefits, as well as spending some time during the week working from home. A YouGov poll suggests that close to 40 percent of employees wish to continue to work from home some of the time post-pandemic – a fact that is supported by CIPD research. (more…)