June 5, 2019

Most people convinced they can do their job in four day week

by Neil Franklin • Flexible working, News

A new report from job site Indeed explores what work means to people in the UK today. The Meaning of Work report analyses trends from the last five years, generated by more than 40 million monthly visitors to the firm’s website alongside the results of a YouGov survey of over 2,000 full-time employees. The report’s headline finding is that around three-quarters of people (74 per cent) already believe they could do their full time job to the same standard over the course of a four day week. (more…)

June 4, 2019

Sedus Stoll enjoys record breaking year

by Freddie Steele • Company news, Workplace design

Sedus Stoll Group has announced another impressive set of financial results with an increase in revenue to €212.3 million (2017: €191.2 million), surpassing the €200 million milestone by a large margin for the first time in its history, and a profit of €9.8 million. As well as a 2.2 percent overall increase in the total market volume for its office furniture business, the firm enjoyed an increase in new orders of 5.3 percent, consolidating its position as one of the most successful and innovative firms in the European market. (more…)

June 4, 2019

Failure to understand employees creates culture of mistrust

by Marie Hillen • News, Workplace

Employees trust their CEOs less than they did seven years ago, although trust in line managers remains the same, new research claims. It also suggests that one of the reasons for mistrust is that CEOs seem unable to understand the role of their employees and the contributions they make to working culture. According to Trust in Leaders, by The Institute of Leadership & Management, workers trust their CEOs considerably less than they did in 2011, as compared to then, the results show trust in CEOs has fallen by 8 percent.

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May 29, 2019

Tech workers making plans to leave UK

by Neil Franklin • News, Workplace

Although London still ranks as the most attractive city in the world for people working in the global tech industry, three out of four UK tech workers (75 percent) are willing to leave for the UK for better opportunities elsewhere. Digital experts are among the most in-demand workers but due to their talent and transferable nature of tech skills, they are also among those most prepared to relocate, compared to only 61 percent of non-tech workers who would be willing to make the move overseas. (more…)

May 21, 2019

London office building at post Brexit high

by Mark Eltringham • News, Property

New office building in central London is at a three-year high, with 13.2 million square feet of space under construction, up 12 percent on the figure six months ago, according to the Deloitte Real Estate’s London Office Crane Survey. Some 55 percent of the office space under construction was already let and for larger schemes of over 100,000 square feet, more than three quarters was already committed to, Deloitte said. The survey covers seven major central London office markets – The City, West End, Docklands, King’s Cross, Midtown, Paddington, Southbank – as well as three emerging submarkets – Vauxhall-Nine Elms-Battersea, White City and Stratford. (more…)

May 21, 2019

CRE investment highest in cities with strong tech culture

by Marie Hillen • Cities, News, Property, Technology

Cities with tech innovation-oriented cultures have a strong competitive advantage amongst those investing in commercial real estate, claims a new report from JLL (registration). Of 109 cities analysed, the nine leading global markets – Boston, London, New York, Paris, San Francisco, Seattle, San Jose, Sydney and Tokyo, accounted for around 37 percent of total annual real estate investment volumes over the past decade. Like real estate investors, corporate occupiers also search for locations that have advanced innovation ecosystems, the report suggests. These cities sustain highly skilled workforces and are best placed to succeed in the future.

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May 17, 2019

Flexible working for parents greatest challenge for SMEs

by Mark Eltringham • Flexible working, News

Paid leave for new parents is a financial and operational challenge for 90 percent of UK SMEs, according to the findings of new research into the challenges faced by working women and their employers. The first ever Women in Business survey also claims that offering flexible working and covering the cost and resource of maternity and paternity leave is an even bigger concern for SMEs, with 96 percent of board level executives saying it’s a significant challenge for their business. (more…)

May 16, 2019

Age discrimination in the workplace remains an issue

by George Eltringham • News, Workplace

More than a third (37 percent) of employees aged 45 and over believe that age discrimination is an issue where they work, according to a new analysis from Aviva. Those aged 55 to 59 feel this most strongly (41 percent). One in five (19 percent) feel younger colleagues are favoured over older generations, while 19 percent believe their age has become a barrier to career progression and development. However, over half (53 percent) of employees aged 60 and over are not ready to retire, increasing to 61 percent for people still working past the age of 65. (more…)

May 15, 2019

Workers will put in extra hours for growing firms

by Neil Franklin • News, Workplace

The majority of British workers would put in an extra ten hours a week for growing firms, according to a new survey report from Kimble Applications According to the firm’s Business Growth Report, which surveyed 1,000 full-time employees in the UK, 56 per cent of British workers would commit to an extra ten hours of work per week if it meant working for a growing company. Moreover, nearly two-thirds (62 per cent) of employees say that the growth and success of their employer directly contributes to their personal happiness. Eighty per cent believe that working for a growing company will help them grow more professionally.

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May 15, 2019

Increase in number of FTSE 100 CEOs from tech backgrounds

by Marie Hillen • Legal news, News, Technology, Workplace

Digital disruption has led to a rise in the number of FTSE 100 CEOs with a background in technology, but age, education and gender diversity remain stagnant, claim the results of the annual Robert Half FTSE 100 CEO Tracker. It shows that the proportion of FTSE 100 CEOs with a background in technology has increased by 27 percent in the last year, with 14 percent of CEOs now having a background in the sector. (more…)

May 13, 2019

Belfast office market outpacing others in UK and Europe

by Mark Eltringham • News, Property

The Belfast office market is one of the UK’s best performing when it comes to returns for investors, significantly outstripping cities such as Manchester, Liverpool, Glasgow, Cardiff and London, a new property report claims. The Northern Ireland Commercial Property Investment Review (registration), produced by Ulster University and global financial company MSCI in collaboration with RICS commercial property firms, benchmarked the Northern Ireland and Belfast market against their UK and European peers. (more…)

May 3, 2019

Take up of office space in central London strongest for six years

by Marie Hillen • Cities, Facilities management, News, Property

The first quarter of 2019 saw take-up of office space in central London at its strongest for six years, as it continues to outperform expectations. This is according to Savills, which also reports 1.16 million sq ft of new lettings being agreed in the City of London. In the West End, 42 transactions completed in March alone took total activity for Q1 2019 to 98 office lettings. In the City, there were 100 occupational deals for the year to date, of which 33 completed in March. The tech & media sector accounted for the largest share of take-up in the West End, at 25 percent, while the City benefited from a surge of serviced offices.