June 18, 2019

Coworking is reshaping office market in London

The flexible office and coworking markets have grown rapidly over the last five years, with more than 4 million sq ft leased to flexible office providers in Central London, according to a new report from digital office broker Hubble in partnership with JLL. Despite WeWork dominating the headlines and pioneering the uptake of coworking, the London market remains highly fragmented, with more than 150 providers offering some form of flex or coworking space in more than 650 separate locations. Flexible offices are projected to grow to a 11 percent share of overall office stock in London by 2023. At the end of 2018, flexible offices had a 6.3 percent share of the Central London market (14.7 million sq. ft.) and this number is set to keep growing. (more…)

June 14, 2019

Help on returning to work after cancer

by Christine Husbands • Comment, Wellbeing

Macmillan estimates that more than 125,000 people of working age are diagnosed with cancer in the UK every year, and the number of people surviving cancer will rise by approximately 1 million per decade and reach 4 million by 2040. With more people choosing to work longer, there are likely to be many cancer survivors choosing to return to work. Macmillan have also identified that over 80 percent of those who were working when diagnosed with cancer thought it important to continue working, but 47 percent had to give up work or change their roles as a result of their diagnosis. So helping people to return to work after cancer is an important issue for employers. (more…)

June 14, 2019

Discrimination against workers highest in UK

by Neil Franklin • News, Workplace

A new Europe wide study claims that reports of discrimination are highest in the UK where more than a third (38 percent) of respondents say they have been discriminated against, compared to a European average of 30 percent. It seems young people are also particularly affected, with 49 percent of UK workers aged 25-34 reported they had faced some form of discrimination. The ADP Workforce View in Europe 2019 (registration) surveyed over 10,000 employees in the UK, France, Germany, Italy, the Netherlands, Poland and Spain, delving into how employees feel about issues in the workplace. (more…)

June 13, 2019

AI is the biggest business disruptor on world stage

by George Eltringham • News, Technology

AI and its transformational effect on the global business landscape was the dominant theme on day one of the UK Asia Tech Powerhouse Conference. Transforming urban mobility thanks to rapidly growing cities, and how Asian cities are leading the march towards a digital future also featured in the first of the two-day event, with influencers from across trade, investment and technology, including Singaporean entrepreneur Annabelle Kwok and Mark Purdy, Accenture’s Group Chief Economist and Managing Director at Accenture Research. (more…)

June 13, 2019

People are too quick to click on emails

by Neil Franklin • News, Technology

Modern working culture makes it impossible for employees to always make the right decision about what to do with emails, claims a new report from cybersecurity company Tessian and the University of Central Lancashire. The report Why Do People Make Mistakes? presents findings from a new survey of 1,000 UK employees, who were asked about their working environment and practices. Additionally, the report includes insights from cyber-psychologists Dr Helen Jones, University of Central Lancashire and Professor John Towse, Lancaster University, which further explains how certain factors in the workplace can cause people to make poor decisions. (more…)

June 12, 2019

People can hit career dead end in their fifties

by Neil Franklin • News, Workplace

With a rising retirement age and the prediction that by 2020, a third of UK workers will be aged 50 or over, new research from job board Totaljobs and recruitment firm Robert Walters found that many workers in their 50s find their career options and development opportunities are extremely limited.

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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.