February 23, 2021

CBRE acquires 35 percent stake in flexible office provider Industrious

by Freddie Steele • Company news, Property

CBRE Group has announced the acquisition of a 35 percent interest in Industrious, a provider of flexible office space, which will also see CBRE’s existing flexible workplace firm Hana absorbed into Industrious. CBRE is now Industrious’ largest shareholder. In addition, CBRE is expected to acquire an additional 5 percent of Industrious in the coming weeks, which would result in a 40 percent total stake. The investment significantly increases CBRE’s participation in the flexible workplace sector and positions the company to meet rising demand from occupiers for agile space solutions — a trend that is being accelerated by the Covid-19 pandemic. (more…)

February 22, 2021

Employment intentions at their strongest in a year

by Jayne Smith • Business, News

UK employers are reporting their strongest employment intentions in a year, the latest CIPD/Adecco Labour Market Outlook claims. The survey’s net employment intentions figure, which measures the difference between the proportion of employers expecting to add jobs and those planning to cut positions, rose to +11 this quarter – its highest in a year. This compares to -1 in the previous quarter. (more…)

February 19, 2021

‘Zoom rooms’ and breakout space top of the agenda for post-COVID offices

by Jayne Smith • Business, News, Workplace design

New data from real estate consultancy OBI claims that 70 percent of business leaders surveyed across Manchester have said they need to permanently change the design of their offices in order to suit the longer-term needs of their businesses and teams. (more…)

February 18, 2021

Self-employed workers and side hustlers to drive the UK’s economic recovery

by Jayne Smith • Business, News

Research released by Mettle and YouGov estimates that the UK’s growing self-employed and side hustler movement will contribute an estimated £125 billion in turnover to the UK’s economic recovery in 2021. Furthermore, small and medium-sized businesses (with 1-49 employees) are estimated to contribute approximately £310.46 billion. (more…)

February 18, 2021

AI fosters a happier and more productive workforce, research claims

by Jayne Smith • News, Technology, Working culture

Businesses using artificial intelligence (AI) solutions benefit from a happier and more efficient workforce, claims new research from Fountech Solutions. A survey of more than 750 decision-makers within UK businesses highlights the employee and organisational benefits of deploying artificial intelligence (AI) solutions. (more…)

February 17, 2021

More than half of UK workers planning to take on a side hustle

by Jayne Smith • Business, News, Working lives

Over half (54 percent) of UK workers say they are more open to taking on a side hustle or freelance work since the Covid-19 pandemic, according to new research from Fiverr. Over 2 in 5 (44 percent) agree they are more open to it, due to the flexibility that working from home has given them. (more…)

February 17, 2021

New social enterprise aims to bring work back to unemployed people with disabilities

by Freddie Steele • Company news

Two and a half million Brits are expected to be unemployed this year after the fall out of the pandemic. A concern for many has been how disabled people will fare with the aftermath. The unemployment rate for people with disabilities is more than twice those who are able bodied. (more…)

February 16, 2021

Investment in digital technology set to deliver £232bn boost to UK economy by 2040

by Jayne Smith • Business, News, Technology

Investment in digital technology is set to increase UK GDP by £232bn (6.9 percent) in 2040, according to a new study by Virgin Media Business and the Centre for Economics and Business Research (CEBR). The research, which examines how more digital ways of working can support the UK’s economic recovery from Covid-19, claims investment in technology could boost the economy by £74bn in 2025. (more…)

February 12, 2021

Mental health related workplace absenteeism costs soared to £14bn in 2020

by Jayne Smith • Business, News, Wellbeing

The impact of the nation’s deteriorating mental health from Covid-19 lockdowns and other restrictions cost UK businesses £14bn last year, according to a study by Westfield Health. The cost of absenteeism from work due to mental health reasons increased last year by £1.3bn from 2019’s totals as work from home, travel restrictions, furlough and pay cuts changed the workplace for millions of people across the UK. (more…)

February 11, 2021

The future workplace will only thrive with social and customer experience at its heart

by Sonia Brown • Comment, Workplace design

One important concept the pandemic has taught us is that irrespective of where we work and whatever form the future workplace takes, our brand must remain strong. With much of our workforce now working from home, how do we bridge the gap between corporate and home life? As head offices re-form into social hangout hubs, and dining tables become makeshift desks, one message is loud and clear – connection with and delight in a brand is everything. From our internal talent and culture, and supply partnerships, to external customer persona, we must strengthen our culture both inside and out. (more…)

February 11, 2021

LGBT+ workers experience higher levels of conflict at work

by Jayne Smith • News, Wellbeing, Working culture

The CIPD has launched a new research report ‘Inclusion at work: Perspectives on LGBT+ working lives’ to highlight how LGBT+ workers tend to have a more negative experience of work. (more…)

February 11, 2021

Flexibility and reskilling top priorities for UK employers in 2021

by Jayne Smith • Business, News

The COVID-19 pandemic is driving a fundamental shift in the way companies operate, accelerating the need for an adaptable and agile workforce to drive business success. According to Mercer’s 2021 Global Talent Trends study, the financial impact and work-life disruption caused by the pandemic is causing UK employers to focus on redefining flexibility and skills development to ensure their business and employees become more resilient and agile in the face of disruption.