Search Results for: financial

Workplace wellbeing remains a neglected issue for many firms

Workplace wellbeing remains a neglected issue for many firms

by • News, Wellbeing

Two people sharing a coffee and a joke at work to illustrate workplace wellbeingTwo in five businesses have either cut or maintained workplace wellbeing budgets despite growing pressures on their staff, according to a new report. Faced with stressors such as the cost-of-living crisis, political uncertainty, and the ‘return to work’ post-Covid, just 16 percent of directors and risk practitioners said their wellbeing budgets had seen a significant increase. Around 40 percent of businesses had increased their budgets slightly to tackle issues such as mental, physical, financial health, organisational vision, values, culture and working standards, according to the poll by Deloitte, the International Institute of Risk and Safety Management (IIRSM) and the Institute of Directors (IoD). (more…)

Responsible capitalism, and space as a service will shape real estate industry over next 20 years

Responsible capitalism, and space as a service will shape real estate industry over next 20 years

by • Environment, News, Property

A flexible office space from Instant Offices, a pioneer of space as a serviceEurope’s real estate leaders have set out a long-term vision for the industry. In this scenario the most successful firms have adopted ‘responsible capitalism,’ the user is the centre of attention, the cycle of demolition and development has been broken, mixed-use is the norm and multi-disciplinary and in-house teams deliver space as a service across a range of sectors. Emerging Trends in Real Estate Europe 2023, the twentieth annual survey of European real estate sector leaders’ expectations by the Urban Land Institute (ULI) and PwC, has looked beyond the year ahead at the trends shaping the industry over the next two decades. This report captures the views of over 900 sector leaders from across Europe. (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…)

Younger workers turn to friends rather than colleagues for career advice

Younger workers turn to friends rather than colleagues for career advice

by • News, Workplace

A painting of two people sharing a drink and some career adviceA new poll from Right Management, claims that British office workers aged 18-24 years are much more likely to turn to friends in similar jobs for career advice, than to seek guidance from their immediate manager or any other colleagues (older or younger) in their team. After two years of remote and hybrid working impacting on office life, younger workers who need career guidance are more likely (38.1 percent) to turn to their friends in similar jobs for advice, whereas all other working age groups (those aged 25+) prioritise getting their career advice directly from their immediate manager. (more…)

Flexible working takes a step back in face of economic certainty

Flexible working takes a step back in face of economic certainty

by • Flexible working, News

A woman working at home to illustrate flexible workingAs economic storm clouds gather, the flexibility and freedoms introduced during the pandemic that employees benefited from are now at risk according to a new study conducted by LinkedIn. It claims that in the UK, the current economic and business climate is causing concern among business leader that companies will be forced to wind back progress on important areas of working life such as flexible working (75 percent), skills development (76 percent), and employee wellbeing (83 percent). (more…)

Winter is coming: don’t be in the dark about blackouts

Winter is coming: don’t be in the dark about blackouts

by • Environment, Features, Wellbeing

a lit candle to illustrate the idea of blackoutsThe National Grid has warned that the UK could face blackouts this winter. The worst-case scenario is that homes and businesses could lose power for pre-defined periods of up to three hours if gas power plants are not able to keep running due to the energy crisis that keeps on giving – or rather, taking. While the British government has dropped its energy rationing campaign, which once formed a crucial part of its plan to prepare for potential energy shortages and blackouts, countries across Europe are drawing up winter contingency plans, as are forward-thinking businesses. (more…)

Transparency and collaboration key to real estate decarbonisation

Transparency and collaboration key to real estate decarbonisation

by • Environment, News, Property

An image of the Earth to represent decarbonisationThe Urban Land Institute (ULI) has warned of a ‘carbon bubble’ in the pricing of European real estate and urged the industry to work together to preserve values across the sector as it aims to meet the decarbonisation targets set in the Paris Agreement. To support a more collaborative approach, at the inaugural ULI C Change Summit, the institute has published its Transition Risk Assessment Consultation Guidelines as part of its C Change programme. These guidelines set out a standardised method for assessing the costs of decarbonising buildings and disclosing between owners, investors, potential buyers, and valuers the main transition risks and impact on values. (more…)

Leading UK employers call for flexible working recruitment by default 

Leading UK employers call for flexible working recruitment by default 

by • Flexible working, News

flexible workingA joint letter from 21 leading employers – including several in the FTSE 100 – is calling on employers across the UK to advertise all vacant roles with flexible options by default. The full text is: (more…)

Half of working parents would leave in search of flexible working

Half of working parents would leave in search of flexible working

by • Flexible working, News

A proud dad with a smiling child on his shoulders to illustrate why people want flexible workingA new YouGov poll commissioned by Working Families and SF Recruitment claims to underscore the impact and importance of employers prioritising flexible working as part of their recruitment strategy. Launched to mark the start of National Work Life Week (10-14 October), the poll of 992 UK parents of children aged 18 and under demonstrates that advertising all vacant roles with flexible options stated by default widens the talent pool for employers and unlocks opportunities for parents. (more…)

Kuppel from Connection is the perfect solution for the modern workplace

Kuppel from Connection is the perfect solution for the modern workplace

by • Company news

A Kuppel personal booth from ConnectionOriginally a manufacturer of task seating, Connection have made a huge impression on the office interiors sector in recent years with a series of ground-breaking new products. The success of Rooms, Harp and the Resimercial collection, amongst others, led to a record financial year in 2021-22, and an acquisition by Flokk, Europe’s leading manufacturer of workplace furniture. Now the firm is pioneering new ideas for the ever-changing workplace with the introduction of Kuppel. (more…)

There is no F in work

There is no F in work

by • Comment, Flexible working, Wellbeing, Workplace design

Neil Usher is an energetic, wiry critic of workplaces and offices. Long ago – in 2018, actually – his proposal that the good office is composed of 12 simple elements, beginning with daylight, was also energetic and wiry. Here he widens out from the delicious nitty-gritties of temperature control and lighting in The Elemental Workplace to the wider phenomenon of work. As the title already suggests, the style is laden with expletives: there are no fewer than 25 mentions of the word ‘crap’. He is withering, too, about the ‘easiest fat-arsed squatting duck of targets, the hapless office, with its rituals and theatrics’. On top of a fresh, Elemental-style bow to the nostrum of inclusion, there is a critique of management fads, but also reference made to (white male) privilege, plus, in a lofty manner, ‘our essentially Stone Age cognitive wiring’.

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Skills shortages won’t be solved by offering people more money

Skills shortages won’t be solved by offering people more money

by • News, Workplace

skills shortagesAs businesses across the country face rising costs, new research from the CIPD and Omni warns that using pay to attract talent simply isn’t enough to tackle on-going skills shortages. While an increasing number of organisations (54 percent) are inflating pay to retain talent, this approach is not sustainable for most employers in the face of rising costs. To tackle the skills shortage, organisations need to highlight other components of good working practices when recruiting, such as offering flexible working and promoting career development opportunities. For instance, the latest Resourcing and Talent Planning survey shows that 68 percent of employers that offer hybrid/ remote working say it has allowed their organisation to attract and retain more talent.  (more…)

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