Search Results for: employment levels

New CoreNet Global / HOK report explores impact of coworking on corporate real estate

New CoreNet Global / HOK report explores impact of coworking on corporate real estate 0

wework-coworking-new-york The UK Chapter of CoreNet Global, in partnership with HOK’s WorkPlace practice, has released a new report that studies the impact of coworking from a corporate real estate (CRE) perspective. With coworking now one of the fastest-growing sectors of the commercial real estate market, the new report, Coworking: A Corporate Real Estate Perspective, examines the drivers of coworking from the demand and supply side, the industry risks and implications for corporate real estate, as well as information about the owners, coworkers and centres. The CoreNet Global / HOK Coworking report highlights the ideas that changing business priorities and the need to attract talented people, reduce real estate costs, improve speed to innovation and increase productivity are driving corporations to consider different workplace models, including on- and off-site coworking. More →
The global uberification of commercial property and the workplace

The global uberification of commercial property and the workplace 0

uberificationTechnology doesn’t just transform the world, it reshapes our language. So, we all need to get used to the word uberification as well as the idea of it. Based on the success of the on demand taxi service Uber, the word refers to the way a product or service becomes available to customers on demand via the Internet. Customers book a service only at the point of consumption. This represents an entirely new commercial model and is the defining characteristic of the new 21st Century economy. Uber may have provided the tipping point, going from start up to market valuation of $66 billion in just 7 years, but its success has given us a name for a process that is reshaping businesses and customer experiences across the entire economy, including in the commercial property sector. More →
Creating the workforce of the future; the Barclays perspective

Creating the workforce of the future; the Barclays perspective 0

barclays-eagle-logo Apprenticeships are growing faster than ever in the UK.  This is fantastic to see.  Within our organisations we are making giant strides to re-carve and re-define talent whilst investing in the workforce of the future.  The topic of Apprenticeships remains top of the government agenda and top of the employability agenda and great things are starting to happen.  Yet, how much of the evolution of apprenticeships is understood by those who are seeking opportunities?  Has society evolved in such a way that would-be potential candidates are ‘switched-on’ to the fact that Apprenticeships is both a viable and powerful means to securing a long, sustainable, and credible career? What are we doing to define Apprenticeships to our audiences outside of our own organisations?  How are we marketing opportunities in a way that will ‘connect’ with our audience that will inspire them and others to invest in us? More →
The American workplace is more skilled, but workers are concerned they are becoming irrelevant

The American workplace is more skilled, but workers are concerned they are becoming irrelevant 0

american-workplaceThe ‘Tectonic changes’ that are reshaping the US workplace and the response to them are the subject of a major new research project from the Pew Center in association with the Markle Foundation. The study of over 5,000 US workers carried out over the Summer found that the nature of jobs is undergoing a fundamental shift with greater emphasis on knowledge as well as analytical, interpersonal and communication skills. In response, workers are retraining and reassessing their abilities to adapt to the demands of employers. Despite this, a growing number are worried that they are becoming irrelevant and have diminishing faith in the ability of politicians, the education system and their employers to address their concerns. More →
High earners much more likely to be offered flexible working

High earners much more likely to be offered flexible working 0

flexible working mother We may all be aware that the way to attract and retain working parents – particularly mothers – is by offering them flexible working options, especially with the growing body of evidence that the gender gap increases among working women with children. But although it’s still a challenge for any working women who aspires to moving up the corporate ladder, they usually have more options than their lower paid colleagues who can’t afford expensive childcare. This is why it’s all the more depressing to learn that it’s only the high earners who are being given the option of flexible working. According to research carried out by charity Working Families to promote National Work Life Week (Oct 3-7), high earning parents who bank more than £70,000 a year are 47 percent more likely to work flexibly than those earning between £10,000 and £40,000. More →
Working mothers paid third less as maternal gender pay gap widens

Working mothers paid third less as maternal gender pay gap widens 0

UK gender pay gapThe gender pay gap is still prevalent within the UK workforce and the gap only widens further when women have children, according to a report published today. Research by the Institute for Fiscal Studies (IFS) funded by the Joseph Rowntree Foundation found that on average, women in paid work receive about 18 percent less per hour than men, but this wage gap is smaller when comparing women before they become mothers. The gap widens consistently for 12 years after the first child is born, by which point women receive a third (33 percent) less pay per hour than men. The widening of the hourly wage gap after childbirth is associated with reduced hours of paid work, but this is not because women see an immediate cut in hourly pay when they reduce their hours. Rather, women who work half-time lose out on subsequent wage progression, meaning that the hourly wages of men (and of women in full-time work) pull further and further ahead. More →
Property and workplace experts have their say on the Brexit outcome

Property and workplace experts have their say on the Brexit outcome 0

brexitWell, the results are in and the UK’s electorate has voted by a narrow margin for the country to leave the EU. There are likely to be other developments but whatever you make of the UK’s decision to vote to leave the EU – and I think it’s fair to say most independent people think it’s inexplicable – there’s no doubt that it will have a profound impact on the UK’s economy, relationship with the world, culture, working conditions and markets. What it will mean in practice won’t be apparent for months or years, of course, but that hasn’t stopped experts who work in the property, workplace, design, legal, HR and architecture sectors having their say on its potential implications. We’ll look at these specific issues in more detail going forward but for now, here’s a round-up of those we have so far, which we’ll keep updated throughout the day as the dust settles on what will prove to be a momentous decision for the UK, Europe and rest of the world. More →
Home or away. What should employers be doing about the game?

Home or away. What should employers be doing about the game? 0

Watching-sport-at-workThe Euros 2016 are underway. It’s an exciting time for the nation, but not so much for businesses that are potentially facing a largely absent workforce, be it physically or simply because they will spend at least 90 minutes of their afternoon glued to their mobile phones watching the match. Some employees might have been organised enough to book annual leave for the afternoon, but for many, they will be devising a cunning plan as to how they can get away to watch the match. Employers can expect to be faced with a hike in “sickies” and last minute requests to work from home as suddenly there’s a delivery due or a poorly child to look after. Some employees will just decide to chance it and not come back to the office after their lunch breaks, with no pre-authorisation at all. So what should you be doing as an employer? More →
Commercial real estate investment strong despite Brexit-related slowdown

Commercial real estate investment strong despite Brexit-related slowdown 0

commercial-propertyPartly due to the uncertainty leading up to the EU referendum, employment intentions within Financial and Business Services (FBS) have slowed, but rental growth within the commercial property sector should remain healthy, particularly if the ‘remain’ vote prevails, the latest Real Estate investment forecasts from Colliers has revealed. Offices will continue to drive rental growth across the commercial property sector and it’s expected that rents will rise by 6.8 percent this year and average 3.9 percent in 2016-2020. Although it’s slowed a little, Central London will continue to attract demand and push the overall rate up, with a still strong growth of 8.4 percent in 2016. In addition, the artificial barriers between individual London ‘villages’ are increasingly breaking down, creating a fluid market for office occupiers in the capital, with more options for geographical relocations and expansions. This will continue to benefit the Rest of London, which is expected to see rents increase by 8.1 percent this year. More →
Younger working mothers bear the brunt of maternity discrimination

Younger working mothers bear the brunt of maternity discrimination 0

Pregnancy discrimation at workiAs we’ve discussed before, when female workers have children their career prospects and salaries begin to slip. Having kids young and ramping up your career in your late 30s isn’t an option either as many working mothers find it difficult to secure flexible and well paid work with good career prospects while still in the early years of their career. This is one of the reasons why the average age of mothers in this country is now 34 and rather more controversially, why companies such as Apple and Facebook are offering women the chance to have their eggs frozen. More disturbingly though, research by the Equality and Human Rights Commission has found young mothers are significantly more likely to experience pregnancy and maternity discrimination, with six times as many under 25 year olds than average reporting being dismissed from their jobs after they tell their employer they are pregnant. More →
Employers need to step up to retain older workers and carers, claims CIPD

Employers need to step up to retain older workers and carers, claims CIPD 0

Older workersWith people living longer and fewer young people entering the labour market, Europe’s employers are increasingly reliant on the skills and talents of older workers. However, the ageing population also means that there will be around nine million carers in the UK by 2037, many of whom will be trying to juggle care and employment, according to new research released by the CIPD. It claims that, although the UK’s policy framework for supporting older workers and creating fuller working lives is well-developed in comparison to other European countries, there is a crucial need to turn this thinking into practical action to avoid losing the skills and experience of employees who choose to work beyond retirement. With around 30 percent of the UK workforce currently over 50 compared to 20 percent in the 1990s, the CIPD is urging employers to put the tools and culture in place to support older workers as they represent and increasingly significant proportion of the labour market. More →
Women (and men) don’t enjoy the full wellbeing benefits of flexible working

Women (and men) don’t enjoy the full wellbeing benefits of flexible working 0

WellbeingThere has been significant expansion of flexible working arrangements (FWAs) in the last two decades, driven to some degree by the work-life balance agenda. However, in practice work-life balance and flexible working continue to be viewed as a ‘women’s issue’, as women more often reduce hours or work part-time. But recent research conducted by my own department suggests that women working flexibly are not experiencing the potential wellbeing benefits when compared to men. Flexible working arrangements include part-time, flexi-time, job share and homeworking. Part-time accounts for approximately 40 percent of female employment and is the most common FWA used by women. Term-time working is also used predominantly by women, reflecting the typical gender roles regarding caring for school-aged children. Meanwhile, flexi-time remains the most common arrangement used by men, at around 19 percent. More →