November 8, 2018

Modest goals are more appealing to people than maintaining the status quo

Thanks to a quirk in the way our brain evaluates goals, people feel it’s easier to achieve a small incremental goal than to maintain the status quo, when both goals are assessed in isolation. This is especially true if the context is seen as unfavourable. This finding, which contrasts with the popular belief that no change is easier than any change, is the main conclusion of research led by marketing professors from INSEAD, IE Business School and Pamplin College of Business.

November 7, 2018

Flexible office market to grow by a third each year for next five years

by Sara Bean • Facilities management, Flexible working, News, Property, Workplace design

The gig economy has helped lead to the doubling in size of the flexible office space sector since 2014 and it’s set to grow by up to 30 percent per year over the next five years claims new research published by JLL. Disruption or Distraction, a report delving into the growth of flexible office space across Europe explores the main drivers of the sector’s boom – including evolutionary changes in how, when and where people work, shifts in lifestyle, and rapid advancements in technology – and provides unique insights into the risks and rewards for both companies and real estate investors in Europe. More →

November 6, 2018

Working parents lead the charge of British workers into the side hustle

by Neil Franklin • News

A new study published by GoDaddy and the Centre for Economics and Business Research (Cebr), claims that ‘side hustling’, in which people have small business ventures running alongside their main job, has risen by around a third over the last decade. The study claims that the UK’s side hustlers make a substantial contribution to the economy, with every 1000 side hustles creating 876 extra jobs. The report, Side hustle: a way of life, not work also claims that 44 percent of side hustlers are parents with at least one child under 19 living at home.

November 5, 2018

Employees call for radical new approach to address stress at work

by Sara Bean • Flexible working, News, Wellbeing, Workplace

Today marks the start of International Stress Awareness Week, 5th – 9th November 2018, and new research claims that two-thirds of employees (64 percent) have ‘poor’ or ‘below average’ mental wellbeing according to the Short Warwick-Edinburgh Mental Wellbeing Scale (SWEMWBS). The research, conducted by The Stress Management Society and commissioned by workplace consultants, Peldon Rose found that over a third (36 percent) of people say their workplace stress has been on-going for the past five years.

November 1, 2018

Organisations at risk of falling behind due to a lack of AI strategy, training and experience

by Mark Eltringham • AI, News, Technology

UK organisations risk falling behind oversees competition due to a lack of Artificial Intelligence strategy, according to a new report (registration required) published by Microsoft UK and Goldsmiths, University of London. In the face of significant disruption, the research reveals that 41 per cent of business leaders believe their current business model will cease to exist within the next 5 years. Despite big questions over the longevity of their business models, more than half (51 per cent) of business leaders surveyed revealed they do not have a relevant strategy in place to address these challenges. More →

November 1, 2018

Channel 4 confirms Leeds as National HQ with Bristol and Glasgow as Creative Hubs

by Mark Eltringham • Cities, News, Property

Channel 4 has confirmed that Leeds will be the location of its new National HQ with Bristol and Glasgow as the locations of its two new Creative Hubs. Channel 4 announced its 4 All the UK strategy in March 2018, the biggest change to the structure of the organisation in its 35-year history. At the heart of it is a significant increase in the organisation’s Nations and Regions content spend – from 35 percent to 50 percent of main channel UK commissions by 2023, worth up to £250m more in total.

October 31, 2018

Business leaders agree that organisations must be digitised to compete

by Sara Bean • AI, Facilities management, News, Technology, Workplace

Over two thirds (67 percent) of business leaders agree their company must become significantly digitalised by 2020 to remain competitive, and they are looking for HR leaders to lead the transformation. This is according to Gartner, Inc whose latest research suggests that CEOs are sharing their focus on digitalisation with their investors; with mentions of “digital” on earnings calls increasing by 20 percent year-over-year since 2010. CEOs are seeking ways to keep costs down while achieving gains in efficiency and productivity, and the HR function is expected to lead digital transformation efforts across their organisations. More →

October 30, 2018

The workplace world responds to the UK Autumn Budget

by Mark Eltringham • News, Property, Workplace

Yesterday, the Chancellor Philip Hammond announced the details of the UK government’s latest budget. While Brexit and austerity inevitably cast their shadows over the whole thing, there were a number of announcements relevant to the workplace, construction, tech and built environment sectors, some of which have been broadly welcomed by commentators, industry bodies and experts. Some are decidedly less popular. Among the announcements in the budget were new plans for infrastructure and property, skills and training, tax regimes for the self-employed, productivity, business rates and mental health.

October 29, 2018

Majority of maternity returners say they lack support when they go back to work

by Neil Franklin • Flexible working, News, Wellbeing

Lack of support for maternity returners among UK businesses has been uncovered in a new survey of professional, mainly management-level women. More than four fifths of pregnant women begin their maternity leave unhappy and lacking in confidence about work – and over a third feel so isolated when they return that they want to hand their notice in. MMB, a working parents’ website, surveyed more than 1,000 mothers, 72 percent of whom were in jobs at management level or above.

October 26, 2018

We need to move on from the stigma of mental health to finding solutions

by Gary Helm • Comment, Wellbeing

Just as in physical health, everybody has a level of mental health. And while companies have begun to offer corporate gym membership discounts, bowls of fruit around the office, monthly massage and investment in huge amounts of ergonomically supportive furniture to try to assist their colleagues in maintaining a good level of physical health, few seem to be getting to grips with their colleagues’ mental wellbeing, despite the reality that they are dealing with huge numbers of employees who struggle.

October 24, 2018

Commercial property uptake shows finance sector remains committed to London

by Neil Franklin • News, Property

Undeterred by political and economic headwinds in recent years, London remains a world leading financial centre and is by far the most active centre in Europe, according to the latest research from global real estate advisor CBRE. According to the report, 1.1 million people were employed in the UK financial services sector in 2017, of which 34 percent were in London. The industry contributed £119bn to the national economy (7% of UK GDP) – half of this was generated by London, where it accounted for 14 percent of the city’s economic output.

October 22, 2018

Nearly a quarter of London office take up is in financial sector, says CBRE

by Sara Bean • Facilities management, News, Property

Despite political and economic uncertainly and the aftermath of the global monetary crisis in 2008, London remains a leading global financial centre, with nearly a quarter (24 percent) of the capital’s office take-up attributed to banking and finance occupiers over the last ten years. London is by far the most active banking centre in Europe, according to the latest research from global real estate advisor CBRE. According to the report, 1.1 million people were employed in the UK financial services sector in 2017, of which 34 percent were in London. More →