Search Results for: financial

Office space costs fall for only the second time

Office space costs fall for only the second time

office space

Lambert Smith Hampton (LSH) has published the results of its annual Total Office Costs Survey (TOCS), claiming that the average outlay of occupying office space in the UK fell by 1.3 percent over the 12 months to June 2020 for new build accommodation and 1.6 percent for 20-year old buildings. This is only the second time costs have fallen in the survey since the global financial crisis in 2008 and contrasts sharply with the 3.6 percent increase in costs in 2019. (more…)

Back to the floor: how life on the stock exchange has changed

Back to the floor: how life on the stock exchange has changed

Let’s face it: there can’t have been many workplaces left untouched by the coronavirus pandemic. On the busy trading floors at the major stock exchanges and investment companies – and the big financial districts as a whole – life has changed considerably. (more…)

New demand for office space indicates mass `return to work`

New demand for office space indicates mass `return to work`

Return to workWater cooler chats and the buzz of office life is set to remain on hold until at least the New Year as businesses look to restructure their office needs from January. A government drive to see more office employees return to work in the workplace has seen a rise in commuters to more than 60 percent according to the latest figures from the Office for National Statistics. (more…)

The value of tech and talent investment through COVID-19

The value of tech and talent investment through COVID-19

Covid-19For middle-market and small businesses, the COVID-19 pandemic is highlighting the vital importance of investing in new technology, facilitating remote work, and maintaining the tech-savvy workforce needed to make it all happen, according to a survey conducted by The Harris Poll for CIT Group Inc. (NYSE: CIT). (more…)

No jab, no job? Can employers demand that workers take COVID-19 tests?

No jab, no job? Can employers demand that workers take COVID-19 tests?

As workers’ begin to populate office floors once more, employers must navigate a number of potential risks to ensure they are ‘COVID-19 secure’. As a result, the subject of ‘employee testing’ has made headlines, with the decision over whether employers can, or should, test their employees becoming an area of contention. (more…)

The mental health consequences of COVID grow increasingly clear

The mental health consequences of COVID grow increasingly clear

Mental healthThe number of self-employed people saying they have “poor” or “very poor” mental health has increased from 6 percent to 26 percent since the beginning of the pandemic (a 300 percent rise), claims new research by IPSE (the Association of Independent Professionals and the Self-Employed). The number saying they had “good” or “excellent” mental health has also dropped significantly since the beginning of the pandemic – from two-thirds (68 percent) to just over a third (39 percent). This was most severe among women (a drop of 54 percent) and young freelancers aged 16-34 (a drop of 49 percent). (more…)

Resilience is missing for many employees

Resilience is missing for many employees

ResilienceA new report from Aon,examined the views of employers and employees across five major countries in Europe and claim that just 30 percent of employees are resilient while also suggesting that resilience can triple when employers adopt a well-rounded programme of support. Employees with poor resilience have 55 percent lower engagement at work and are 42 percent less likely to want to stay with their employer. In the UK, 29 percent of employees are resilient, and those with poor resilience have 59 percent lower engagement and are 43 percent less likely to want to stay with their employer. (more…)

Artificial Intelligence is critical to organisations, but many unprepared

Artificial Intelligence is critical to organisations, but many unprepared

Artifical IntelligenceA new report from information technology company Wipro Limited claims that enterprises of the future will be built on a foundation of Artificial Intelligence (AI), Analytics, Machine Learning, Deep Learning and Automation. According to the ‘State of Intelligent Enterprises’ report, these technologies are central to solving business problems and driving innovation. Most businesses consider AI to be critical to improve operational efficiency, reduce employee time on manual tasks, and enhance the employee and customer experience. (more…)

UK firms optimistic about COVID-19 recovery prospects

UK firms optimistic about COVID-19 recovery prospects

RecoveryWhat impact is COVID-19 having on business confidence? And what recovery strategies are companies prioritising in response to the pandemic? Recruitment company Robert Half recently surveyed more than 1,500 executives to understand how they are responding to this ongoing period of unprecedented economic change. (more…)

Using nature based solutions in buildings will help address climate change

Using nature based solutions in buildings will help address climate change

The IGNITION project from the UK Green Building Council has published its first report for businesses, titled ‘Nature-based solutions to the climate emergency: The benefits to business and society’  The report claims to provide organisations with the data they need to make informed decisions about the types of urban nature-based solutions (NBS) available to them and how these can help meet sustainability objectives to benefit business, society and the environment. It sets out to highlight the benefits of using NBS across the built environment and aims to inspire confidence in business leaders and investors to increase the use of NBS. (more…)

The challenge for the office is to stay relevant

The challenge for the office is to stay relevant

The world is going through some painful changes at breakneck speed. As a result, the word unprecedented has reached number one spot on our ‘words to avoid’ list. What’s the big deal with unprecedented anyway? Our obsession with all things unprecedented taps into our fear of the unknown. But life itself is an unknown: Life is beta. Nothing is permanent. Every single day things happen that are unprecedented. Damn, said it again. (more…)

People plan to retain sustainable new habits after lockdown

People plan to retain sustainable new habits after lockdown

Britons are keen to continue with low-carbon lifestyle choices adopted during lockdown, according to research by Cardiff University and The University of Manchester. Two wide-ranging surveys conducted by the UK Centre for Climate and Social Transformation (CAST), which is coordinated by Cardiff University, suggested lockdown had upended people’s habits, from buying and travelling less, to reduced energy use and cutting down on food waste. (more…)