Search Results for: economy

Government’s new workplace reforms: the world responds

Government’s new workplace reforms: the world responds

by • Flexible working, News, Workplace

The UK government has introduced what it claims to be the most significant package of workplace reforms for 20 years in response to last year’s Taylor Report on working practices. The Good Work Plan has introduced a range of measures which the Government claims will improve the rights of agency and part time workers and discourage employers from indulging in unwelcome practices.  The reforms are intended to stop businesses opting out of equal pay arrangements for agency employees and improve the conditions for gig economy workers generally, for example by giving workers details of their rights from the first day in a job, such as eligibility for sick leave, pay levels, maternity and paternity leave.

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European property sector predicted to grow next year, despite economic challenges

European property sector predicted to grow next year, despite economic challenges

by • Facilities management, News, Property

European property sector predicted to grow next year, despite economic challengesThe European property sector is predicted to grow next year, according to CBRE’s 2019 EMEA Market Outlook report. Although recent indicators suggest some slowing of momentum economic growth in Europe will remain above-trend rate in 2019 and 2020, with Spain, Ireland and the central European countries expected to see the fastest economic growth. France’s growth is expected to accelerate as recent economic reforms begin to pay off; however, UK growth is expected to remain below-trend, but with better long-term potential once the current uncertainty around Brexit passes. Office markets around the region are expected to see positive growth in leasing levels in 2019. However, major European cities, including Paris, Berlin, Stockholm and London, are expected to see lower levels of employment growth in office-using sectors. (more…)

Groundbreaking study links productivity to air quality

Groundbreaking study links productivity to air quality

by • Facilities management, News, Wellbeing

A new study of UK indoor office environments has found a direct correlation between the quality of the air in offices and its effect on workplace productivity. The two-year research initiative, backed by facilities company EMCOR and carried out by academics at Oxford Brookes University and LCMB Building Performance found that workers were able to work up to 60 percent faster in lower CO2 concentrations. It revealed that an increased intake of CO2 can lead to poor decision making, slower reaction times and increased tiredness among employees. Currently, UK productivity is 26.2 percent lower than Germany based on GDP per hour worked – and 22.8 percent less than France. Yet despite ten years of tactics to help close the gap, this is the first time environmental factors have been considered.  (more…)

Asia increasingly challenging economic hegemony of western cities

Asia increasingly challenging economic hegemony of western cities

by • Cities, News

Oxford Economics has published its annual Global Cities research report projecting the shifting landscape of the world’s leading cities from 2019 to 2035. It examine which major cities will be the urban superpowers of the future and which are poised for the most rapid expansions of their economies, populations and business heft. Its main finding is that Asia’s cities, especially those in India such as Surat (pictured) and Agra are making huge strides, although New York, Tokyo, Los Angeles and London stay as the metropolitan superpowers. New York maintains pole position while Tokyo falls below Los Angeles and London in the ranking.  (more…)

Government report calls time on late payments, addresses productivity puzzle

Government report calls time on late payments, addresses productivity puzzle

by • Facilities management, News, Property

The culture of late payment by large firms has led to the failure of many small businesses in the UK and prevented even more from thriving and improving their productivity, according to a parliamentary select committee report published today. The Business, Energy and Industrial Strategy (BEIS) committee has called on the government to enforce tougher measures on large firms who treat small businesses “disgracefully” by enforcing long payment terms or paying their suppliers late. The Small businesses and productivity report said that, for an SME to succeed, it is crucial they are paid fairly and on time.

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New guidance on labour standards and workers rights published

New guidance on labour standards and workers rights published

by • News

The International Bar Association Global Employment Institute and the International Organisation of Employers have published new guidance for firms on International Labour Standards (ILS). The ILS are legal instruments, set by the International Labour Organization (ILO) which protect basic workers rights and address the need for sustainable enterprises to create jobs. They are either conventions, which are legally binding international treaties  or recommendations which serve as non-binding guidelines.

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Government policy is making life increasingly difficult for freelancers

Government policy is making life increasingly difficult for freelancers

by • Flexible working, News

Freelancers expect government policy to drive their businesses and the economy into decline over the next year, a report from IPSE (the Association of Independent Professionals and the Self-Employed) claims. This quarter, amid widespread speculation about Budget announcements that would harm the self-employed, freelancers’ confidence in their annual business performance dropped nine points, sliding into negative territory. Their confidence in the wider economy – which was already in deep negative territory – fell another two points to near-record lows.

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Core Innovation Hub secures funding to transform the way buildings are designed, built and managed

Core Innovation Hub secures funding to transform the way buildings are designed, built and managed

by • Architecture, Facilities management, News, Property, Workplace design

An alliance of experts specialising in digital, manufacturing, building performance standards and construction technology has been awarded leadership of a new national Hub to drive innovation and technological advances in the UK construction and infrastructure sectors. Following a nationwide competition, Innovate UK has awarded £72 million to the Transforming Construction Alliance to deliver a national Core Innovation Hub, a key element of the Transforming Construction programme. The alliance brings together the specialist expertise of the MTC (Manufacturing Technology Centre), BRE (Building Research Establishment) and the CDBB (University of Cambridge Centre for Digital Built Britain).

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Sociopathic corporations, the office as home, self-promotion anxiety and some other stuff

Sociopathic corporations, the office as home, self-promotion anxiety and some other stuff

by • Features

There is a theory that when companies talk about issues such as corporate social responsibility they are doing so because it helps them to achieve their business goals. This is the coldly rational thing to do according to people like free market guru Milton Friedman who argues that companies should not actively pursue altruistic ends unless that pursuit is ultimately in the interest of their shareholders. As Friedman puts it: ‘Hypocrisy is virtuous when it serves the bottom line. Moral virtue is immoral when it does not’.

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2019 will be the year of the data-driven digital ecosystem, claims Dell

2019 will be the year of the data-driven digital ecosystem, claims Dell

by • News, Technology

Dell Technologies have shared their predictions for 2019. Its central forecast is that this will be the year of the data-driven digital ecosystem, bringing us one step closer to 2030, which Dell describes as the next era of human-machine partnerships and a society where we will be immersed in smart living, intelligent work, and a frictionless economy. This includes: The spark of the next gold rush in tech investments, spurred by the greater value to be derived from data; 5G paving the way for micro-hubs to line our streets, and the opportunity for real-time insights; Multi-cloud environments driving automation, AI and ML processing into high gear; Making room in the workforce for Gen Z; and stronger, smarter and greener supply chains

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Line up of speakers announced for Workplace Trends: Research Spring Summit

Line up of speakers announced for Workplace Trends: Research Spring Summit

by • Events, Facilities management, News, Technology, Workplace design

The research-driven Workplace Trends Spring Summit returns for 2019. We have two sessions with invited guest speakers, our keynote and the after lunch debate. Following a recent Call for Abstracts and a blind peer review by our two moderators for the day, Nigel Oseland (Workplace Unlimited) and Mark Eltringham (Workplace Insight), the remaining sessions have now been filled with the highest ranked submissions.

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Government treading carefully with proposed plans for gig workers

Government treading carefully with proposed plans for gig workers

by • Comment, Flexible working, Legal news

Leaked government plans to protect the working rights of people operating in the gig economy will help to stop unscrupulous employers from exploiting low-paid workers by stamping out false self-employment. But it is questionable whether this goes far enough.  (more…)

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