Search Results for: employment

Winners announced for 2013 real estate thought leadership

CoreNet Global 2013 Awards for Industry Excellence, Economic Development and Sustainable Leadership:

An organisation that helps businesses set up or expand their offices in the San Francisco Bay Area and Google’s campaign to source more sustainable building materials are amongst the initiatives which have been recognized in CoreNet’s awards for Industry Excellence, Economic Development and Sustainable Leadership. Fidelity, Panasonic, Google, the Brick City Development Corporation and the San Francisco Center for Economic Development are all named as winners for three annual best practices awards by the corporate real estate (CRE) and workplace association. The awards are presented each year to industry leaders who demonstrate best-in-class practices in advancing corporate real estate thought leadership. More →

Dutch Embassy to move to South Bank development

Embassy Gardens

The Dutch Embassy in London is to move from its current location at Hyde Park Gate to a 50,000 sq ft site as part of the Embassy Gardens development on the South Bank of the Thames. The Embassy, which will move in 2017, will sit adjacent to the new US Embassy, already under construction and due for completion during the same year. Embassy Gardens is part of the Nine Elms development on the South Bank and is masterplanned by architect Sir Terry Farrell to encompass a kilometre-long Linear Park – starting in Vauxhall and moving through Embassy Gardens on the way to Battersea Power Station. More →

Employers want default retirement age back finds survey

DRA

Nearly half (47 per cent) of employers surveyed by global law firm Eversheds would like the Default Retirement Age (DRA) reinstated. Two years ago, on 6 April 2011, the Government changed the law to start phasing out the DRA. While the overwhelming majority (97 per cent) say their organisation no longer operates a mandatory retirement age, many report that the change in the law has had negative effects for their organisation: two-thirds cited difficulties in succession planning whilst just under half reported that opportunities were being blocked for younger workers. More →

UK construction activity slips again, but at a slower rate

-- with crane and scaffoldingAccording to the latest Markit/CIPS monthly survey of purchasing managers in the construction industry, output in the sector decreased once more in March but at the slowest rate since October of last year.  The seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) which measures overall output in the sector,  was calculated at  47.2 during March, up from 46.8 in February. Scores below 50 are deemed to indicate a contraction in the market. The reduced output was put down to a combination of subdued underlying demand and unusually bad weather.

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UK commercial property investors shift focus to the regions

Leeds skylineInvestors in the commercial office market are increasingly being drawn towards the UK regions, according to a new report by Deloitte Real Estate. The UK Key Cities publication explores the trend that regional offices are emerging as a focus for savvy investors seeking higher returns. At the same time, individual cities are recognising the need to stand apart from competing locations and bridge the gap between themselves and London. These cities are being bolstered by factors such as improved connectivity through large planned infrastructure projects, devolution of power, and investment into the retail and leisure markets.

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Majority of employers intend to hire permanent staff

Jobs

More positive signs on the jobs front today with the news that despite continuing to face a challenging economic climate, the majority of employers are still planning to increase or maintain their permanent staff over the next three months. This is according to the Recruitment and Employment Confederation’s (REC) latest JobsOutlook survey. REC director of policy Tom Hadley said: “Our latest data shows the majority of employers are planning to increase or maintain their permanent headcount over the next quarter which suggests that the jobs market will continue to outperform the rest of the economy in the short term. Although the ONS reported a rise in unemployment last week, it is important to emphasise that the employment figures were also up.” More →

Survey: Raised levels of staff empowerment and engagement

Engagement

There has been a positive change in employees’ levels of engagement according to new research from recruiter hyphen. Nearly three fifths (58.6 per cent) of UK workers are proud to work for their current organisation, and over three quarters (76.1 per cent) believe their manager gives them the support and autonomy needed to aide their performance. Zain Wadee, managing director at hyphen, said: “Engaging workers is now becoming an integral part of employment and retention strategies; not least to ensure workers are happy but also to help them perform to the best of their ability.”

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Rise in jobless figures puts pressure on Chancellor

The Treasury

There is more pressure on Chancellor George Osborne ahead of today’s budget with the news that uemployment rose by 7,000 to 2.52 million between November and January. However the overall unemployment rate for November 2012 to January 2013 remained at 7.8 per cent, unchanged from August to October 2012. The latest figures from the Office of National Statistics (ONS) also show that while pay rose by 1.2 per cent during the same period, with inflation measuring 2.7 per cent between January 2012 and January 2013, there continues to be a cut in the real value of pay. More →

Ageing population is the greatest demographic challenge

Image credit: <a href='https://www.123rf.com/photo_2475828_old-hands-on-clean-table.html'>logoboom / 123RF Stock Photo</a>

Forget Gen Y, a new report published today by the House of Lords Committee on Public Service and Demographic Change warns that it’s our rapidly ageing population that will have a huge impact on society, work and public services. Predicting a 50 per cent rise in the number of those aged 65+ and a 100 per cent increase in those aged 85+ between 2010 and 2030, the report advocates enabling people to work for longer, many of whom are legally entitled to do, since the removal of a statutory retirement age in 2011. According to the report, “Ready for Aging?” working for longer would increase income from work, potentially increase savings, and reduce the time of dependence on those savings.

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Flexible working: Falling out of fashion

 Image credit: <a href='https://www.123rf.com/photo_8784138_young-attractive-female-fashion-designer-working-at-office-desk-drawing-while-talking-on-mobile.html'>nyul / 123RF Stock Photo</a>

Just as ACAS concludes its consultation on flexible working, the practice has been declared démodé by none other than Alexandra Shulman, the editor of British Vogue. Writing in response to the recent news that Yahoo’s Marissa Mayer ordered the company’s 11,500 staff back to the office, the Vogue editor has argued that working from home is not an adequate alternative to showing your face in the workplace. Ms Mayer goes on to note that in a creative environment, important opportunities are missed when absent colleagues are tottering, undressed around their kitchens. The best stories, she says, arise from chance remarks, gossip and jokes between colleagues working alongside each other. More →

UK workers’ real wages have fallen furthest

pay squeeze

British workers have seen the biggest fall in wage value among the world’s wealthiest countries, according to a TUC report on the global economic race published today. Between 2007 and 2011 – real wages fell by 4.5 per cent in the UK, falling at nearly twice the rate of Spain – the next worst-performing economy that year.  However, as we reported last month lower wages appear to be contributing to higher employment rates in the UK compared to countries where pay rates are higher, such as Spain and Italy.

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UK building sector contracts again but there may be light at end of tunnel

Canary Wharf buildingsThe UK’s construction sector has continued its recent pattern of contraction according to the latest survey of the Purchasing Managers’ Index (PMI) from Markit/CIPS UK. The last month’s index, published earlier today, showed at 46.8, where a figure below 50 indicates a decline in activity, marking the most significant monthly downturn since October 2009. The fall is the fourth consecutive monthly fall although there was a contrast between the commercial sector which endured the biggest drop and residential building which rose slightly.

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