Search Results for: economy

When workplace strategy builds bridges between people and place

When workplace strategy builds bridges between people and place

by • Features, Technology, Workplace, Workplace design

The world of work is changing rapidly and profoundly in a way that we haven’t seen since the time of the industrial revolution. Yet even as we stand at a momentous, game-changing inflexion point, the 21st century workplace strategy sector is still dithering about whether to join in the revolution. They are like the industrial mill owners of 19th century England who adopted a ‘make do and mend’ approach to business and failed to invest in new technology only to be forced out of business by foreign competitors who had invested in radical new, state of the art technology.Today the technological game changer is digital technology rather than weaving technology, but the effect is the same. Unless the workplace strategy sector embraces change and builds bridges between the ‘people’ side of the business and the ‘place’ side with other workplace specialists, their industry will become as dead as a dodo.

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Better urban design could improve the lives and wellbeing of millions of people

Better urban design could improve the lives and wellbeing of millions of people

by • Cities, News, Wellbeing

Adjusting the planning system to put good design at the heart of urban development could lead to a £15 billion boost to the UK economy and improve the wellbeing and mental health of millions of individuals across the UK. The new report, A Design for Life, commissioned by British Land says that improving mental health and wellbeing in our cities could have significant and positive impacts in several ways, including boosting productivity in the workplace, reducing absenteeism and bringing down the NHS and welfare bills.

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Half of all workplace tasks will be performed by machines within seven years

Half of all workplace tasks will be performed by machines within seven years

by • News, Technology

The world is going through a workplace revolution that will bring a seismic shift in the way humans work alongside machines and algorithms, according to new research by the World Economic Forum. By 2025 more than half of all current workplace tasks will be performed by machines as opposed to 29 percent today. Such a transformation will have a profound effect on the global labour force, however in terms of overall numbers of new jobs the outlook is positive, with 133 million new jobs expected to be created by 2022 compared to 75 million that will be displaced. The research, published in The Future of Jobs 2018, is an attempt to understand the potential of new technologies to disrupt and create jobs. It is also seeks to provide guidance on how to improve the quality and productivity of the current work being done by humans and how to prepare people for emerging roles.

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Call for employers to do more for older workers

Call for employers to do more for older workers

by • Flexible working, News, Wellbeing

A new report from the charity and lobbying group the Centre for Ageing Better has called for employers to be more age-friendly and inclusive of those over 50, including doing more to tackle age discrimination in the workplace. According to the study, significant numbers of older workers feel they are being discriminated against at work because of their age, including believing they have been turned down for jobs (9 percent) and being offered fewer opportunities for training and progression (32 percent).

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Time for employers to place workplace health and wellbeing front of mind, claims CBI

Time for employers to place workplace health and wellbeing front of mind, claims CBI

by • News, Wellbeing

With the average number of days lost to ill health per employee at 5.2 days, there’s a clear impact on business, which is why firms must better prioritise the health & wellbeing of their staff. That’s according to new survey results from the CBI, in partnership with Bupa and HCA Healthcare. In a new guide, Front of Mind: Prioritising workplace health & wellbeing, 347 businesses – employing nearly 1.7 million people – of all sizes across the UK were surveyed or interviewed to understand what steps they are taking to improve workplace health & wellbeing.

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Network Rail agrees £1.46bn commercial real estate sale to Telereal Trillium and Blackstone Property

Network Rail agrees £1.46bn commercial real estate sale to Telereal Trillium and Blackstone Property

by • News, Property

Network Rail has agreed terms with Telereal Trillium and Blackstone Property Partners for the sale of its commercial real estate portfolio. Proceeds from the £1.46 billion transaction will help fund the railway upgrade plan, bringing improvements for passengers and reducing the need for taxpayers to fund the railway, according to a statement from Network Rail. Telereal and Blackstone will hold equal ownership stakes and intend to be long-term owners of the estate. Both parties have adopted a ‘tenants first’ approach, cemented in a tenants’ charter, which offers a commitment to engage with all tenants and communities in an open and honest manner. Telereal will oversee the day-to-day property management of the portfolio.

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We should measure wellbeing and security if we want to create Good Work, claims the RSA

We should measure wellbeing and security if we want to create Good Work, claims the RSA

by • Flexible working, News, Wellbeing, Workplace design

Job security, workplace mental health, and how well-supported workers feel by their employer, should be monitored annually by the government, a report led by the RSA and the Carnegie UK Trust recommends. The need to better monitor quality of work in the UK was called for in RSA chief executive Matthew Taylor’s 2017 employment review for the Prime Minister. The UK Government subsequently committed to delivering on this proposal; and Measuring Good Work now sets out a roadmap for how the ambition can be achieved. The report highlights that employment has a major impact on people’s wellbeing and quality of life, arguing that since the 2008 financial crisis, despite record employment, the overall figure on the number of people in work fails to account for issues like worker pay; whether employees feel they are trapped in a job below their skillset; are working too few or too many hours; or are facing excessive workplace pressure.

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Seven workplace stories that have been on our radar this week

Seven workplace stories that have been on our radar this week

by • Features, Flexible working, Technology, Wellbeing, Workplace design

How we can win the AI race

The great tech paradox for flexible workspaces

The number one office perk? Natural light

The personality test that conned the world

The insecure nature of work is a result of decisions by corporations and policymakers

Landlords up their game to help occupiers attract staff (paywall)

An architect’s defense of open plan offices

Many UK freelancers feel lonely and isolated following leap to self-employment

Many UK freelancers feel lonely and isolated following leap to self-employment

by • Flexible working, News, Wellbeing

The solo self-employed are now a vital element of the UK economy, contributing around £271 billion to the government’s coffers in 2017, of which around £125–140 billion came from freelancers. But with some predicting that by 2020, half of the workforce will be freelancing, we need to take an objective look at the world of self-employment and tackle its challenges head-on, giving freelancers the tools and skills they need to work effectively — and happily.

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Younger workers risk missing out on career opportunities by shunning SMEs

Younger workers risk missing out on career opportunities by shunning SMEs

by • News, Workplace

Younger workers risk missing out on career opportunities by ignoring SMEsYoung people leaving education and looking for work may be missing out on potential employment opportunities by failing to consider Small and Medium Enterprises (SMEs) and the advantages they offer, new research from Santander UK claims. ‘Gen Z’ and Millennials do not believe SMEs offer the same job security or salary as large businesses, meaning just a third (35 percent) of young people leaving education in 2018 want to work for smaller employer, and an even smaller proportion, just one in six (18 percent), want to work for a start-up or micro business. The most popular career aspirations for Generation Z and Millennials are to work for a large firm (51 percent), the public sector (51 percent) or a global multinational (49 percent), because of a perceived lack of job security (56 percent). There is also the belief that SMEs offer a lower salary (46 percent) and fewer opportunities for progression than large companies (33 percent). Yet the majority (70 percent) of SMEs are actively recruiting for entry level roles, whether that be graduates (43 percent), further education leavers (36 percent) or school leavers (35 percent).

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How do you make your company culture work for everyone?

How do you make your company culture work for everyone?

by • Comment, Workplace

Company culture is the bedrock of any business. And it has been thrown into sharp focus in recent months with many high-profile scandals hitting the headlines such as the discrimination case at Uber. In light of this, many businesses are now investing in – even living and breathing – their company culture. This is of course, great news for employees. Shouting about how your company culture is like being part of a family and how everyone mucks in together may have swayed a new recruits’ decision during their interview. However, have you stopped to think how accessible your culture will be to new team members? Close-knit can often translate to the ‘in-crowd’ and office politics can get in the way of a pleasant working environment if the culture is too close.

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New analysis sets out to define fastest growing sectors in London in 2018

New analysis sets out to define fastest growing sectors in London in 2018

by • News, Property

A new analysis from Instant Offices sets out to identify the largest business sectors driving London’s economy. It claims that the three most prominent are information and communication, financial and insurance, and professional, scientific and technical services. The UK Business Register and Employment Survey (BRES) showed distinct trends in growth for specific sectors, in London and in the UK as a whole.

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