Search Results for: finance

The four day week and a case of less is more

The four day week and a case of less is more

by • Features, Flexible working, Premium Content

four day weekWhen a pilot programme for a four day week was announced in the UK early in the New Year, #4dayweek trended for days on twitter, with jokey comments on how employees taking part in the trial should do everything not to ‘f*** it up for the rest of us.’ But behind the humour there’s a real issue with productivity in the UK. Recent Office for National Statistics reveals that while productivity grew across all G7 countries during the pandemic, the UK experienced the largest falls in GDP growth and an increase in the number of hours worked. More →

Plans for largest datacentre in Europe approved by London council

Plans for largest datacentre in Europe approved by London council

by • News, Property, Technology

A rendering of the plans for the datacentre in HaveringHavering Council has agreed to move forward with the £5.3bn East Havering project, which will bring Europe’s largest datacentre to the borough in Greater London, delivering a major piece of national infrastructure. The Cabinet agreed for the council and its prospective partner, Digital Reef, to continue to develop the proposals to bring forward the site. This decision means the Council in its capacity as Local Planning Authority can begin to take a view on the appropriate planning route for this project. More →

Zero carbon tech for building materials gets $12 billion commitment at COP27

Zero carbon tech for building materials gets $12 billion commitment at COP27

by • Architecture, Environment, Facilities management, News

An aluminium clad building facade to illustrate the importance of zero carbon tech in buildingsThe World Economic Forum and US Special Presidential Envoy for Climate announced today at COP27, the expansion of a coalition of global companies, to commit $12 billion in 2030 purchase commitments for zero carbon and green technologies to decarbonise the cement and concrete industry and other hard-to-abate sectors. The latest expansion of the First Movers Coalition – made up of 65 companies with a collective market value of approximately $8 trillion – focuses on cleaning up one of the world’s most carbon-intensive industry sectors through purchasing commitments for low-carbon technology. From construction and engineering to real estate and developers, newly announced First Mover companies have committed to purchasing at least 10 percent near-zero cement and concrete per year by 2030.  More →

Corporate real estate sector facing up to tough year ahead

Corporate real estate sector facing up to tough year ahead

by • News, Property

A person walks down an empty street in a central business district to reflect concerns about corporate real estateCorporate real estate business confidence and expectations of profitability have dropped to a low level, reflecting widespread industry concerns across an array of indicators for the business, political and real estate environments. Emerging Trends in Real Estate Europe 2023 is the twentieth annual survey by the Urban Land Institute (ULI) and PwC UK of European real estate sector leaders’ expectations for the year ahead. Based on the views of around 900 real estate leaders from across Europe, the report claims that 91 percent concerned about inflation, closely followed by interest rate movements (89 percent) and European economic growth (88 percent). Political uncertainty at the global, regional and national levels are of high concern as well. More →

Hybrid isn’t working for many people because nobody can agree what it is

Hybrid isn’t working for many people because nobody can agree what it is

by • Flexible working, News, Property

A new poll published by Landsec  claims there is a distinct lack of clarity around what hybrid working means, with less than one in five UK workers agreeing on a definition. The report suggests that this hybrid ‘hotchpotch’ is having a negative impact on bosses’ relationships with their teams. More →

Economic uncertainty kills talk of quiet quitting and the great resignation

Economic uncertainty kills talk of quiet quitting and the great resignation

by • News, Workplace

Two people sit in an office talking, relaxed in chairs with no suggestion of a great resignation or quiet quittingIn spite of all the talk of a ‘great resignation’ and ‘quiet quitting’, more than three quarters of British workers (81 percent) are planning to ride out the recession with their current employer. This is in spite of the fact that nearly half (46 percent) say that they’d like to change jobs, according to a new poll from people analytics company Visier. When asked why they wouldn’t be keen to change job roles during a recession, concerns over job security in a new role (57 percent), having to settle for a lower salary compared to a current role (42 percent), and increased competition for current vacancies as a result of increased redundancies (28 percent) were cited as the leading reasons. More →

Central London office market take-up returns to pre-Covid levels

Central London office market take-up returns to pre-Covid levels

by • News, Property

central london office marketThe Central London Office leasing market has seen occupiers expanding their footprint at record levels, according to the research from real estate advisor, CBRE. Following what CBRE claims was an unprecedented downturn in activity as a result of the pandemic, Central London office take-up reached 12.7m sq ft for the 12-months to the end of Q2 2022, an increase of 153 percent when compared to the same period last year and 5 percent above the ten-year average. More →

Hybrid working could be doomed by a failure to protect organisational culture

Hybrid working could be doomed by a failure to protect organisational culture

by • Flexible working, News, Technology

hybrid working return to officeA new report from Poly warns that hybrid working policies could be destined to fail if organisations do not protect company culture while facilitating “a return to office”. The report claims that getting employees back to the office is a challenge being fuelled by a reluctance to return, with employees citing concerns over work-life balance and productivity. This reluctance is exacerbated by rising bills and spiralling inflation, with the cost of living putting increased pressure on employee finances, causing them to potentially choose between traveling to work or spending that money elsewhere.  More →

We can re-imagine the future of human resources

We can re-imagine the future of human resources

by • Comment, Workplace

human resourcesThe world of work is changing rapidly. Businesses are having to make fundamental shifts to adjust to the emergence of new business models, technologies and the changing expectations of the workforce. This has left human resources teams all over the world needing to efficiently adapt the way they hire, develop and take care of their staff, with the most significant challenge being managing the needs of the current workforce, and addressing their future demands. More →

UK is third most attractive place to work in Europe

UK is third most attractive place to work in Europe

by • Flexible working, News, Workplace

most attractive place to workThe UK is the third most attractive place to work in Europe and experienced a stronger “brain-gain” than other major economies, according to a report from job site Indeed. It analysed nearly one billion data points including more than 800 million cross-border job searches and over 100 million job postings and found that cross-border searches by European jobseekers are up 13 percent from their pandemic low of -32 percent.   At the same time, Europe has become increasingly popular to jobseekers outside of the continent: inbound searches from jobseekers based outside Europe are a staggering 38 percent above the 2017-19 average, up from the pandemic low of -31 percent. More →

Work-life balance more important than pay for two thirds of people

Work-life balance more important than pay for two thirds of people

by • News, Wellbeing, Workplace

work-life balanceRising inflation and the UK’s cost-of-living crisis have put a lot of pressure on employers to increase wages and starting salaries this year, but a new survey suggests that there’s something that employees value more than pay – work-life balance. HR and payroll software provider CIPHR polled over 1,000 UK workers to find out which job aspects matter most to them. Based on the results, over two-thirds (70 percent of women and 65 percent of men) see work-life balance – albeit a term that can mean different things to different people – as being more important than their pay and employee benefits combined (selected by 60 percent of women and 57 percent of men). More →

Strategic workforce planning blocked by lack of data and defined employee responsibilities

Strategic workforce planning blocked by lack of data and defined employee responsibilities

by • Facilities management, News, Technology, Workplace, Workplace design

strategic workforce planningPoor data quality and a lack of clearly defined roles and responsibilities within the organisation are amongst the key challenges management faces when implementing vital strategic workforce planning (SWP), according to new academic research. The researchers also claim that a lack of methodology to execute a strategic workforce plan and the lack of support across all organisational units of the firm were contributing to a slower and less efficient strategic workforce planning. More →

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