Search Results for: financial

Where flexible working employees really want to work? Starbucks.

Starbucks CafeLeaving aside the fact that most surveys are designed to further the commercial interests of the firms that commission them, most offer a deal of insight into what drives people and organisations, some of it unwitting. Most telling are often the specific details that lift the veil on the motivations and attitudes of individuals. So it was with a recent survey from Overbury that headlined on the idea that poorly designed offices hamper creativity, but also contained a question that was answered in a way which suggested that the place most staff would like to work would be something akin to their local Starbucks.

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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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Hong Kong and London world’s most expensive cities for start ups

Hong KongA new report from property consultants Savills based on the total cost of setting up in business in the world’s major cities has today revealed that Hong Kong is the most expensive of the ten cities in which to locate, with London in second place and New York a close third. The total real estate cost of setting up business in all three cities is now almost three times that in the best priced world capitals, Shanghai and Mumbai. The report will be published in full on the 20th March as The World Cities Review and includes measures of headline rent, tax and other charges.

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Economic benefits of green buildings highlighted

worldInHands

Green buildings can be delivered at a price comparable to conventional buildings, with investments recouped through operational cost savings and, with the right design features, create a more productive workplace, says the World Green Building Council (WorldGBC). A new report, which looked at the benefits from green buildings received by different stakeholders throughout the life cycle of a building, “synthesizes credible evidence from around the world on green buildings into one collective resource, and the evidence presented highlights that sustainable buildings provide tangible benefits and make clear business sense,” said Jane Henley, CEO of WorldGBC. (more…)

Staff development still tops European employers’ priorities

Image credit: <a href='https://www.123rf.com/photo_10259161_portrait-of-successful-young-businessman-showing-presentation-in-a-meeting-at-office.html'>logos / 123RF Stock Photo</a>

European employers are still maintaining ambitious staff development plans, despite the gloomier macro-economic climate. According to a study by Aon Hewitt, the proportion of companies that expect to add new jobs in 2012 has increased to 47 per cent, overtaking the number of companies foreseeing a reduction of their workforce (31 per cent). Explained Leonardo Sforza, chair of the European Club for human resources Scientific Committee: “The slow and painful road to economic recovery is not discouraging successful multinationals from continuing to invest in their human capital and from demonstrating the belief that their people remain the most powerful engine for sustainable growth and innovation.” (more…)

Workplace Anachronisms: No. 1 – the BCO Specification Guide

Boy Wearing Men's Dress Shoes and Suit --- Image by © Royalty-Free/CorbisThe British Council for Offices claims that it is ‘Britain’s leading forum for the discussion and debate of issues affecting the office sector. Its members are organisations involved in creating, acquiring or occupying office space, whether architects, lawyers, surveyors, financial institutions or public agencies.’ If true, this makes its Specification Guide all the more remarkable for not only being wide of the mark about at least one key issue when it was published back in 2009, but about which it is growing increasingly redundant by the day.

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What gets measured in the workplace, gets managed

MeasureAre we finally seeing the first signs of the end of the downturn?  Earlier this week the Government announced that UK unemployment had fallen. While I know there have been quibbles about what this all meant, other data from specific market sectors backs up the idea that we may be seeing some tentative causes for hope.  One of the most heartening was last week’s survey from Randstad which reported growing levels of optimism among financial services firms about their prospects and the fact that the majority would be increasing headcount this year.

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Change of ways needed to tackle ailing UK workforce

Staff ill health

The best way of tackling ill health is to stop workers from getting ill in the first place, suggests new guidance from the TUC. It may seem as if the union is stating the obvious, until you reflect on the news, reported exclusively by HR magazine earlier this week that the UK was among the 10 worst performing countries for employee wellbeing last year, according to the Workforce Quality of Life Index (WQLI) report  by Kenex, which measures wellbeing from the employee’s perspective. Now the TUC report, Work and well-being, provides evidence that employers who create healthy workplaces can reduce employee absence and boost productivity. (more…)

Flexible working seen as of more benefit to employers than staff

Flexible working

Nine in ten UK professionals think that flexible working will become the dominant employment model – but half think it will be adopted for business reasons rather than to benefit the workforce. According to research from specialist HR recruiter Ortus, just one in ten professionals (12 per cent) actually deem flexible working to be a vital benefit – lower than the proportion who said a free company mobile phone is vital to them. And just 1 in 10 said they thought it was being implemented to help with gender equality. In the survey conducted among 450 professionals across a variety of sectors, 51 one per cent felt the reason behind the growth of flexible working is efficiency and productivity – not to help people manage the number of hours they work. (more…)

Net-Zero buildings top measure of sustainability success

the Crystal

Net-zero commercial buildings, i.e. those that produce at least as much energy as they consume should be the long-term aim of corporate energy strategies, says a CoreNet Global statement. “Smart and responsible energy policies and practices reduce corporate carbon footprints and greenhouse gas emissions, (and) we encourage our members’ companies to drive energy efficiency to optimal levels with net-zero buildings as a top measure of long-term success.” The global real estate association calls on governments around the world to incentivise building owners, investors and occupiers who proactively reduce their carbon footprints. (more…)

Tech and media companies continue to reshape the world’s cities

google-doodleTech and media companies continue to shape the world’s cities and local property markets according to a recent report from BNP Paribas. While this is a global phenomenon, some of the most dramatic developments will take place in London, not least a shift of tech firms in the city away from their heartland towards Kings Cross following Google’s $1bn purchase of 2.4 acres of land within a major new development in the area. The new development may become a hothouse for technology companies in spite of the UK Government’s focus on promoting Tech City and surrounding areas in East London.  (more…)

Whatever the office of the future is, it should be there to serve people

Whatever the office of the future is, it should be there to serve people

Larkin BuildingFuturology is notoriously a mug’s game. Especially when it comes to making predictions about technology. Just ask Ken Olson, the founder of DEC who in 1977 pronounced that ‘there is no reason anyone would want a computer in their home’. Or Bill Gates himself who once claimed that Microsoft ‘will never make a 32 bit operating system’. But that shouldn’t make us blind to those predictions that we know will largely come true, not least those based on what we know is happening in the present. This is typified by research carried out by Cass Business School and Henley Business School and presented in a book called Future Work: How Businesses Can Adapt and Thrive in the New World of Work. It found that two-thirds of the 360 managers it surveyed believe that there would be a revolution in working practices over the coming decade. Ninety per cent said that staff were more productive when empowered to decide when and where and how to work.

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