Search Results for: employee satisfaction

Many employers don’t think GenZ are well prepared for the workplace

Many employers don’t think GenZ are well prepared for the workplace

A new poll from WorkL claims that half of employers believe that Gen Z is not entering the workplace well-equipped with the skills and knowledge neededA new poll from WorkL claims that half of employers believe that Generation Z is not entering the workplace well-equipped with the skills and knowledge needed for their roles. The annual WorkL Global Workforce Report 2024 suggests that mentoring initiatives are being implemented by employers to support Gen Z, with four in ten employers taking the step. Having been significantly impacted by the global pandemic and the shift in traditional working practices, WorkL has seen a falling engagement score for the youngest demographic over the last 12 months; decreasing from 71 percent in 2021 down to just 67 percent in 2023, a concerning four percentage point decrease and the lowest score out of all age groups. (more…)

Employers can be advocates for workplace eye wellness: four winning strategies

Employers can be advocates for workplace eye wellness: four winning strategies

Proper management of employee health and wellness is an important facet to consider when striving for success in the workplace. Properly supporting employee health helps them perform better, encourages productivity, prevents losses from absences, enhances job satisfaction, and improves overall morale. Employers can promote employee wellness in different ways, but one area you should consider prioritising is eye care in the workplace. (more…)

There will be a near universal adoption of generative AI in businesses, say bosses

There will be a near universal adoption of generative AI in businesses, say bosses

An overwhelming majority (91 percent) of executives say that their companies are now using generative AI or are planning to do so within the next 18 monthsAn overwhelming majority (91 percent) of executives say that their companies are now using generative AI or are planning to do so within the next 18 months, according to a new poll from Thomson Reuters. The Thomson Reuters Future of Professionals C-Suite Survey reported on responses from 148 C-Suite leaders (CFOs, CEOs etc) from the United States, United Kingdom and Canada. The survey suggests that use of AI across businesses is becoming ubiquitous as leaders start to recognize the true potential of the technology, such as in developing new products and driving operational efficiency. (more…)

Half of people say they are less productive in coworking spaces

Half of people say they are less productive in coworking spaces

According to a new survey from software marketplace Capterra, 83 percent of UK coworking and other flexible office spaces are currently occupied. Companies say they are drawn to coworking spaces for cost reductions (38 percent), flexibility (30 percent), and shared amenities (27 percent). However around 53 percent of people who work in flex space say they are less productive in such spaces, 35 percent of respondents appreciate the collaborative atmosphere and the locations and facilities these spaces can provide and 38 percent say they are  concerned about confidentiality and privacy. (more…)

People from ‘Gen Z’ expect to change career at least three times during their working lives

People from ‘Gen Z’ expect to change career at least three times during their working lives

While 73 percent of people from 'Gen Z' are willing to take a pay cut to pursue more fulfilling opportunities, two thirds of Gen Zs plan to quit their current job by 2025While 73 percent of people from ‘Gen Z’ are willing to take a pay cut to pursue more fulfilling opportunities, two thirds of them plan to quit their current job by 2025, according to a new poll. Perceptions on careers and how often employees need to reskill and alter their career route has evolved significantly for the newest generation of workers, reveals the national survey of 2,000 working adults by Resource Solutions. The results suggest Gen Zs expect to change industries at least three times throughout their working life – once more than any other generation before them.  (more…)

Many people would take a pay cut for more flexible working and shorter hours

Many people would take a pay cut for more flexible working and shorter hours

Two thirds of British workers would be prepared to take a pay cut for an overall better job according to a poll from the hiring platform Indeed. A survey of over 5,000 workers for its Better Work 2023 report found a desire for greater flexibility and less time at work is driving this trend, with a four-day work week (28 percent), a better work life balance (25 percent) and more flexible working opportunities (17 percent) the most likely factors to encourage Brits to take a pay cut.  The mean pay cut workers surveyed are willing to take is 9.2 percent. Given the average salary for UK workers is £33,000, that means the average worker is willing to take a pay cut of £3,036 per annum for a better job. (more…)

Why your business needs to invest in embedded BI

Why your business needs to invest in embedded BI

Alt text: A person working on a computer looking at two screens utilizing embedded BI tools.In this day and age, businesses are constantly searching for strategies to enhance their operational capability. With the advent of technology, numerous tools have emerged that aid companies in achieving a significant edge in the competitive business environment. One such essential tool is embedded business intelligence (BI), which is pivotal in making informed business decisions. Keep reading to learn more about embedded BI. (more…)

Half of workplace grievances down to spats between colleagues

Half of workplace grievances down to spats between colleagues

Feuding and conflicting colleagues account for nearly half (47 percent) of all workplace grievances, according to a new pollFeuding and conflicting colleagues account for nearly half (47 percent) of all workplace grievances, according to a new poll from employment law and HR consultancy firm, WorkNest. Nearly four in ten (38 percent) businesses believe this is down to employees becoming less tolerant, with factors such as mental health and stress (24 percent) and organisational change (24 percent) also suspected to be contributing to conflict between employees or between employees and line managers. (more…)

BCO Awards dominated by South East offices yet again but Glasgow office takes top spot

BCO Awards dominated by South East offices yet again but Glasgow office takes top spot

Barclays’ Glasgow campus was celebrated as the Best of the Best at the British Council for Offices BCO AwardsBarclays’ Glasgow campus (pictured) was celebrated as the Best of the Best at the British Council for Offices (BCO) National Awards last night, also taking home the prize for Corporate Workplace. Seven further winners of BCO Awards were recognised as leading examples of excellence in workplace design in the UK. There were no winners in any category in the Midlands or North of England, Northern Ireland or Wales, although two offices in Manchester and Widnes were commended and the President’s Award went to HMRC for its ongoing national estate management programme. (more…)

Zoom opens new London ‘Engagement Hub’

Zoom opens new London ‘Engagement Hub’

Zoom has opened a new London ‘Engagement Hub’ which the firm claims will  spearhead the shift from traditional office spaces to ‘experiential working hubs’. With the demand for hybrid working  and remote capabilities giving rise to unconventional ways of operating, Zoom says it has designed its new office to support the changing nature of the employee experience, marking a new era of modern work. (more…)

Understanding the power of mindset and what it can do for you

Understanding the power of mindset and what it can do for you

Understanding mindset, its power, and how to change it, can be transformative on both an individual and team level.An individual’s mindset influences everything that they do. Built around a set of established values, beliefs, and attitudes, your mindset frames your outlook and guides your behaviour, demarking your perceived limitations. It’s something that influences every area of our lives, from the relationships we form to the way we approach challenges and change. When you’re working with people, implementing policies, and trying to get the best from your available talent, it’s vital that you understand what motivates your team members – and what’s holding them back. Understanding mindset, its power, and how to change it, can be transformative on both an individual and team level. (more…)

Embrace the chaos: the office must find a new purpose, conference concludes

Embrace the chaos: the office must find a new purpose, conference concludes

The British Council for Offices (BCO) annual conference, this year hosted in Dublin, addressed the purpose of the office in the context of the evolving world of work

What is the purpose of the office? That was the central question at this year’s British Council for Offices (BCO) conference which took place in Dublin. A big ask.

Nonetheless, the speakers and delegates that arrived in Dublin were up for the task. In the opening address, BCO senior VP & conference chair Despina Katsikakis promised delegates the conference would explore and untangle the intricate elements of the ecosystem that must seamlessly merge tech-led work, play and… well, survival. The focus of the two-day event (or three for those who like golf) was to devise strategies to design, build and manage vibrant and inspiring workplaces that foster the wellbeing and advancement of the individuals and communities they serve, all while promoting social, economic, and environmental sustainability.

As one would perhaps expect from a BCO conference, several speakers made a case for the office, including Davina Saint, director of the Irish National Assets Management Agency. Nobody relates naturally with screens or virtual protocols, she said, so we need to embrace the idea of social capital: “It makes organisations go around,” she said. “It’s the electricity in the machine. The shift to remote working has dented social capital. There’s less connection and more isolation. Productivity and innovation have also taken a dive.”

“I believe strongly in the office,” said Niall Gaffney, CEO of Ireland’s largest office landlord IPUT, during the developer’s panel. Fellow panellist Kevin Nowlan, senior advisor to Hibernia Real Estate Group, agreed: “Culture and life comes from people being and working together.” The workplace will play a key role in reinventing cities, they chimed in unison. Why? “Because the office is where the magic and inspiration happen,” Saint said. “It’s where the social heart of an organisation can beat.”

[perfectpullquote align=”right” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]As the audience were reminded throughout the conference, many people meet their partners at work[/perfectpullquote]

But it goes beyond business. As the audience were reminded throughout the conference, many people meet their partners at work. If marriages are born out of proximity rather than heaven, perhaps that means there will be fewer weddings, fewer children. That musing may well prompt a shrug in response but it’s worth noting there’s already a dwindling workforce. Yes, borders are clamping shut, but it may also be because people aren’t having children as often as they used to. Last year, the Financial Times, citing Office for National Statistics data, revealed that the “natural population of the UK will begin to decline by the middle of the decade, leaving the country dependent on migration to increase the working-age population”. But freedom of movement is not so free anymore. Dublin, we have a problem.

 

Stupid cupid

While it might not be up to workplace professionals to channel their inner cupids, you can bet your bottom dollar the population crisis will be on future BCO conference agendas. Until then, however, there’s a more relatable challenge in play. The industry needs to focus on the role of the office in a rapidly changing world. Bill Hughes, global head of real assets at Legal & General Investment Management, looked at the old and new definitions of an office. The traditional definition is “a room or set of rooms in which business, professional duties, clerical work are carried out”. Today, it’s where important face-to-face interactions and teamwork happens. It’s where culture is built. “It’s where knowledge transfer and learning through osmosis occurs,” Hughes said. “It’s about energy and having fun.”

[perfectpullquote align=”right” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]The future of the world of work is an obsession for bosses[/perfectpullquote]

“The future of the world of work is an obsession for my bosses,” the BBC journalist Simon Jack said, during the ‘business of politics’ discussion. “Because it “affects the lives and livelihoods of our audience.” And that’s perhaps why there’s so much focus on the employee experience. Billions have been spent on the customer experience. Many of the speakers stressed that it’s time we do the same with the employee experience.

In a session on the purpose of place, Andy McBain, head of future of workspace & design at NatWest, shared that the bank’s workplace strategy focuses on experience, events and an element of experimentation. But experience can’t be a fluffy add-on, he suggested. It must be measured and tracked if it’s to evolve and deliver ultimate impact. To that end, McBain’s team uses Audiem, an advanced employee feedback analytics tool, that allows heads of real estate not only to get the flagship quantitative scores that they need to track and manage performance but also dive deep into the qualitative data, helping them understand the drivers behind satisfaction at a granular level. “It’s allowing us to develop specific approaches we know directly addresses employee concerns because we can see what they’ve said about it and how it’s affecting them,” said McBain.

Vernon Blunt, head of global workplace operations at Ericsson, and Paul Casey, global real estate EMEA director at IBM, agreed that hybrid is here to stay, though the jury’s out when it comes to the effectiveness of mandates. While employee experience remains the focus, cost-cutting is coming to the fore because for the CFO must be kept as happy as the CPO. It’s a cost and experience juggling exercise. There also seems to be less focus on how to get people back to the office, but more energy going into how to self-organise around the busy days.

These occupiers want and demand more flexibility and shorter leases. Rob Harris of Ramidus Consulting urged that contract and service level agreements need to change to become more flexible, especially for SMEs who he called the “growth engine of the economy”. There’s also a recognition that there might be too much space. Avison Young’s Nick Axford highlighted that one third of office space could be re-used for community initiatives, but the infrastructure isn’t yet there to make this happen. Also calling for a systemic transition was Indy Johar, co-founder of Architecture 00. “Forget about building new workplaces, we need to build a new UK,” he said.

The conference delved into workplace design, management and communication principles that foster culture, health and wellness, and collaboration. During various sessions, speakers and attendees examined the strategies employed by occupiers in their quest to navigate the challenges of the present and forge a path towards a better future. We have a long way to go on that front, but the will is there.