Search Results for: financial

October 21, 2013

Job satisfaction keeps employees motivated more than bonuses

by Sara Bean • Flexible working, News, Workplace

The reported levels of stress felt by banking employees already suggests that generous bonuses do not necessarily equate loving the job. Now a new study published today by the Institute of Leadership & Management (ILM) confirms that across the business sector, the single most effective motivator is job satisfaction (59%), with just 13 per cent saying the prospect of receiving a bonus or other financial incentive motivates them to work harder in their role. The survey of over 1,000 employees found that a competitive salary and a good pension are highly effective motivators (49%) but getting on with colleagues (42%) is nearly as important. The report also highlights how important good managers are to ensuring happy and motivated staff. More →

October 17, 2013

Employers should engage staff as active reputation builders in social media

by Sara Bean • News, Technology, Workplace

Employers who discourage staff from spending time at work updating their status on Facebook or following twitter feeds would be better served in harnessing their social media habits to promote the organization according to an academic study. Joonas Rokka, Assistant Professor of Marketing at Neoma Business School, has published new research in the Journal of Marketing Management that shows how social media can accentuate the role of employee and corporate reputation management. According to findings drawn from multiple business sectors and different types of companies, the research claims that companies need to focus more on managing employees as active reputation builders and brand ambassadors in social media instead of conceiving them only as possible reputation risks. More →

October 16, 2013

Workplace Week announces details of visits to London Government buildings

by Mark Eltringham • Events, Facilities management, Flexible working, Public Sector

DfE London HQ

For the first time, Workplace Week includes visits to two Government offices, the Department for Education at Sanctuary Buildings in Great Smith Street (pictured) and the Department for International Development on Whitehall. The DfE is just a stone’s throw from the Houses of Parliament and boasts outstanding views of several major landmarks. The building is home to some 2,000 staff who work in a flexible environment with 7 desks for 10 people. The Department for International Development moved to its new London HQ, the oldest purpose-built office in London, at the beginning of the year. The DfID has created a modern, flexible environment which encourages collaborative working, whilst being sympathetic to the historic nature of the building.

October 9, 2013

Joint survey investigates where energy use is on the FM agenda

by Sara Bean • Environment, Facilities management, News

The British Institute of Facilities Management (BIFM) and the National Energy Foundation (NEF) have announced a joint survey exploring FM professionals’ experiences and expectations of improving the use of energy in the buildings. Both organisations hope the findings, which will be made available in a report in January 2014, will identify new areas of focus and shed light on how FM professionals are tackling the gap between actual and predicted energy performance in the buildings for which they are responsible. According to Lucy Black, Chair of BIFM’s Sustainability Special Interest Group (SIG), the survey should help identify areas where barriers persist, and FM knowledge is strongest or needs further support. More →

October 7, 2013

Full details of Workplace Week event are announced

by Mark Eltringham • Events, News

PwC More London Offices

More details have been announced about this year’s Workplace Week, which takes place on 5 November at PricewaterhouseCoopers More London building. Our support for the event means that Insight readers are offered discounted tickets. The event is organised by Advanced Workplace Associates in aid of Children in Need. The event includes a chance to visit some of the UK’s most innovative workplaces including RBS, Innocent Drinks and KPMG as well as convention and a series of Fringe events. Speakers include Johnny Dunford, global director of commercial property at RICS; Curtis McLean, founder of Innovation Places; Keith Saxton, director of financial services at IBM Research; Jessica Pryce-Jones, founder of the I-Opener Institute in Oxford; and Mark Sherfield, COO of global accountants BDO.

October 7, 2013

Third of Europe’s large firms have already lost data through BYOD

by Mark Eltringham • Facilities management, Flexible working, News, Technology

Bring Your Own Device remains the Gordian Knot of workplace technology. While firms have tried to label and co-opt the unstoppable propensity of employees to use their own devices for work as a way of cutting the business’s technology costs, they are paying in other ways. As we reported last week many remain unaware of the extent of the practice and of its potential to clash with company policy. Now, the full extent of the inevitable security breach inherent in either sanctioned or unsanctioned use of personal technology is becoming evident. According to a new report from Samsung, around a third of Europe’s largest companies have lost company and confidential data through the practice.

September 27, 2013

What’s wrong with adopting a more positive approach to work and workplaces?

by Mark Eltringham • Comment, Facilities management, Public Sector, Workplace, Workplace design

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Has there ever been a UK government more interested in the workplace than this one? Most of it has been about cutting costs of course, so the majority of announcements emanating from the Cabinet Office have been about procurement, design and environmental performance. David Cameron even at one point announced that he wanted to measure people’s happiness. The questions needed to work out how happy we are proposed by the Office for National Statistics as a result would have had a very familiar feel for anybody who has ever completed a workplace satisfaction survey even if they miss the most blindingly obvious point that when you’re skint and in mortal fear of losing your job, most other things about work lose their lustre.

September 26, 2013

Bosses most likely to lie at work, while still promoting an ethical culture

by Sara Bean • News, Workplace

Business has been fighting a PR battle in recent years to convince us that ethics and corporate social responsibility is of equal importance to the bottom line. However, when it comes to individual behaviour it seems that managers are far from practising what their employers’ preach. Bosses are much more likely than other staff to ditch ethics to get ahead in their career (29.4% compared to 13.3%), yet at the same time are more likely than other staff to think it is important to be seen as ethical at work (66.4% compared to 54.0%). According to the research from CMI (Chartered Management Institute) 35.4 per cent of managers bend the truth once a day or more, compared to 25.3 per cent of other workers. More →

September 16, 2013

World Green Building week launches with a breath of fresh air

by Sara Bean • Environment, Facilities management, News, Property

Making sustainability sexy is a tall order. Look up the topic “green building” and you’ll invariably come across in depth descriptions of energy saving schemes and achieving a BREEAM rating. All these considerations are of course very important, but they make it difficult to engage building occupants. With the theme “Greener buildings, better places, healthier people”, World Green Building Week, which begins today (16-20 September), should do just that, by concentrating on the tangible benefits to building occupants of a green office. Paul King, Chief Executive of UK-GBC, said: “We often hear about the environmental and financial benefits of green buildings, but less attention is paid to the impact on those who live and work in them.” More →

September 13, 2013

UK staff showing higher levels of happiness – except those in finance sector

by Sara Bean • News, Workplace

Fresh evidence that those working within the financial sector must be in it for the money as, following the news earlier this week that they get the least amount of sleep, they’re also the most unhappy with their work. A third (32%) describe themselves as unhappy at work compared to the 78 per cent of those working in sales, media, and marketing who class themselves as happy. Overall, the number of British workers who are happy at work has jumped by a fifth (20%) compared to this time last year according to Office Angels’ ‘Happiness at Work’ study. More than half (56%) of workers stated they were happy at work during quarter two 2013, compared to just a third (36%) during quarter two 2012. More →

September 11, 2013

Research reveals UK’s shrinking workplace space standards and regional disparities

by Mark Eltringham • Facilities management, Flexible working, Knowledge, Property, Workplace design

The latest Occupier Density Study from the British Council for Offices reveals that London and the South East of England have some of the most spacious workplaces in the UK, in spite of the fact that London has the most expensive office space on Earth. The BCO research found that the South West has the highest density at 8.6 sq. m. per workstation while London (11.3 sq. m.) and the South East (12.7 sq. m.) have lower densities than all UK regions apart from Wales (11.4 sq. m.). Yet recent research from Cushman and Wakefield has identified London as the world’s most expensive city to rent office space and a report last week from BNP Paribas revealed the large disparities in total occupancy costs between London and the rest of the UK.

September 10, 2013

We deserve better than a polarised debate about cellular v open plan offices

by Andrew Mawson • Comment, Facilities management, Workplace design

Jacques Tati’s Playtime

Stimulated by a number of rather unsubtle commercial interests, the ‘in’ workplace discussion seems to have swung from ‘collaboration’ i.e. organisations need more new spaces for formal and informal collaborative interactions, to ‘distraction’ i.e. open plan workplaces are creating a loss of productivity because people whose work requires concentration are impeded by constant interruption. The implication of the latter is that people should keep their ‘cubes’ and open-plan should be avoided at all costs. You can see pretty quickly where the commercial axes are being ground can’t you.