Search Results for: financial

Over half of employees believe 9 to 5 work is an outmoded concept

Over half of employees believe 9 to 5 work is an outmoded concept

Time business concept.We’ve heard a lot lately about the plight of workers to take their work home, but according to new research by CareerBuilder.com, for a majority of workers, checking emails from home is their own choice. Well over half (63 percent) believe that working 9 to 5 is an outdated concept, with nearly 1 in 4 (24 percent) checking work emails during activities with family and friends. Half of these workers (50 percent) check or respond to work emails outside of work, and nearly 2 in 5 (38 percent) say they continue to work outside of office hours. Though staying connected to the office outside of required office hours may seem like a burden, most of these workers (62 percent) perceive it as a choice rather than an obligation. Interestingly, 50 percent of those aged 45 – 54 compared to 31 percent of 18- to 24-year-old are willing to work outside of office hours.

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Public sector lagging behind in use of technology and flexible working

As we reported last week, the UK public sector is embracing some interesting new ideas in the way it uses real estate, especially its commitment to get rid of some of it by adopting flexible working and shared space. However, it’s one thing looking to use space in more flexible ways but without the technological infrastructure, it’s hard to see how they will be able to achieve as much as they could. It is in this regard that they are lagging behind their contemporaries in the private sector, according to a new report from O2 and YouGov. While the report, Redefining selling, serving and working, offers up the usual appeals for us all to make more use of the sorts of things O2 wants us to buy, there is plenty of interesting detail to tease out once the pinch of salt has been applied, not least how business practices and the way people use technology vary across sectors.

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Millennial ‘job hopping’ is the new normal according to US research

Millennial ‘job hopping’ is the new normal according to US research

Millennial 'job hopping'Following a recent survey claiming that Millennials comprise more than one-in-three US workers, comes new evidence on the impact this could have on recruitment and retention. Over 1,000 US full-time Millennials who were questioned on their careers by RecruitiFi confirmed that ‘job hopping’ had become the norm. During the course of their careers, 53 percent have held three or more jobs. And while many have plans to stay in their current jobs for 3-5 years (33 percent), many respondents plan to leave after 1-2 years (20 percent). 34 percent acknowledged falling levels of employee morale in the office and 22 percent explained that their clients/customers have taken notice. While 83 percent of millennials acknowledge that job hopping on their CV could be negatively perceived by employers, 86 percent say that it would not prevent them from pursuing their professional or personal passions.

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Majority of women do not feel they are discriminated against at work

Majority of women do not feel they are discriminated against at work

majority of womenThe overwhelming majority of women do not feel they face discrimination at work, according to a new report based on data from 170,000 UK workers. However, the study from the Great Place to Work Institute does identify a number of challenges that women face at work. The report – Women at work. Is it still a man’s world? – highlights the need for employers to pay closer attention to the specific differences between men and women’s experiences at work, rather than just focusing on overall results. The authors suggest that ‘this will help to identify and address any inequalities such as making pay and promotions more transparent and ensuring policies and practices are gender and age relevant’. The study makes clear that it is the combination of age and gender that presents the greatest challenges, especially in ensuring diversity in senior roles.

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Forget flexible working, what most workers would prefer is more money

Forget flexible working, what most workers would prefer is more money

donkey-and-carrotFlexible working, wellbeing and praise may grab all the headlines when it comes to ways of raising productivity but if you really want to get more out of staff, the  number one motivator remains the one that hits them where it really matters – in their pockets. According to a study of the attitudes of 1,000 office workers from office space search engine Office Genie, around half (49 percent) chose pay rises and more than a third (36 percent) chose other financial  incentives when asked to select the top three ways their employers could improve their productivity. Nine percent specifically mention company shares. The third most popular measure overall was flexible working, cited by 22 percent of workers in their top three, followed by praising good work (20 percent) and encouraging people to get a good night’s sleep, again listed by a fifth of staff.

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Homeworkers left to fund their own technology by stingy bosses

Homeworkers left to fund their own technology by stingy bosses

stingyLast week we learnt that for some employers, homeworking is only to be encouraged when it’s out of hours. Now new research from Regus suggests that only around a third of people encouraged by their employers to work from home (35 percent) receive any contributions from their firm to fund the fit-out. The survey of over 4,000 senior business people found that the majority (82 percent) of employers refuse to cover all the costs incurred for creating and maintaining a work space for homeworkers.  This proves costly for staff, as a quarter (25 percent) of respondents said that it would take a whole monthly salary for them to fit-out their home, while the average cost of running a home office in the UK is almost £2,000 a year. Nearly half (43 percent) of workers think that most companies encouraging their employees to work from home are simply trying to transfer the workspace cost onto the employee.

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London transport shuts down ….. agile workers unaffected …..

agile workers tube strikeLondon’s Financial Times reported this morning, “The worst London Underground strike in more than a decade saw millions of Londoners struggle to get to work”. It is chaos, here in the UK capital – the top global city in PwC’s Cities of Opportunity ranking. It is a sorry state of affairs, as in a scene reminiscent of 1970s union-crippled Britain, the “workers” representatives couldn’t agree with “the management”. “Workers” and “management”…we thought we had overcome that particular divide in business and society, didn’t we? But, some people have a vested interest in keeping it very much alive. In the large, industrialized, unionized industries such as transport, it lives on. Only last year, UNITE union leader Len McCluskey addressed his supporters in Liverpool as “sisters and brothers” like some mid-20th century socialist (which, of course, he is).

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Demand for East London offices rise as occupiers seek cost effective space

Demand for East London offices rise as occupiers seek cost effective space

The Transport for London Building at The International Quarter Stratford 3The amount of leased office space in London over the first half of this year is 13 percent ahead of the same time last year, according to new research published by commercial property consultancy Cushman & Wakefield (C&W). Leasing activity totalled just over 6.26 million sq ft from January to June 2015, compared to the same point in 2014 when 5.6 million sq ft was transacted and is the highest Central London first half total since 1998, when 6.7 million sq ft was let. According to C&W, the figures presented in the report suggest that there was a significant upturn in activity in East London, with 1.2 million sq ft let, only marginally behind the City market (1.24 million sq ft) and significantly ahead of West End volumes (915,000 sq ft).  East London offices take-up was at its highest level since Q4 2010 as a result of three transactions over 100,000 sq ft.

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Three ways in which the business case for green building design is moving on

Three ways in which the business case for green building design is moving on

ODD 02The case for sustainable building design used to be based on two straightforward principles. The first was that buildings had to offer up some sustainable features to comply with the ethical standards of their occupiers. The second was that there was some financial benefit. Often these principles went hand in hand, especially when it came to issues such as energy efficiency. They remain the foundations of the idea of green building design and are applicable across a range of building accreditations such as BREEAM as well as standards relating to specific products and policies. Over the past couple of years, however, we have become increasingly aware of other drivers that might make us all re-evaluate how we approach sustainability. These drivers are based on a more sophisticated understanding of green building design and the benefits for all of those involved.

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Is the environment now a non-issue for building occupiers and managers?

Is the environment now a non-issue for building occupiers and managers?

This week, I took part in a series of debates in London and Manchester. The discussions, led by Rob Kirkbride of the US workplace design trade journal Monday Morning Quarterback, focused on workplace trends in North America and Europe, based on the issues that dominated the recent Neocon show in Chicago. This in turn is based on the premise that what suppliers talk about when they present their products in public reflects what their clients are saying to them. However, one subject we didn’t cover in any detail was the environment, because nobody was talking about it very much at Neocon. Indeed nobody seems to talk about it very much at exhibitions anywhere these days. While few would deny that sustainability is an important subject, could it be that it is now something of a non-issue for building occupiers and their suppliers?

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Long distance commuting, agile working and dinosaur extinction in the UAE

Long distance commuting, agile working and dinosaur extinction in the UAE

Make DubaiIn Dubai, there are no suburban dinosaurs; those large-scale, single purpose office buildings that ignore the agile realities of modern working life. In the western world, these giants evolved on business parks, driven by the perceived benefits of having office workers agglomerated in order to achieve efficiency of communication and dissemination. The business practices and technologies that underpinned these buildings have evolved and improved and many are in the process of being re-purposed. Things happen on a grander scale in the Middle East where the mantra is “if the land-use doesn’t fit the land, make more land.” Here, the patterns of work and place have evolved differently from the west, and at a much faster pace with creeping tides of development spreading rapidly out from the small centres of traditional trade and commerce to vast tracts of new development.

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Staff want flexible working but worry about growing fat, stale and lonely

Staff want flexible working but worry about growing fat, stale and lonely

flexible workingA new report from Regus, based on a study of 44,000 workers worldwide claims that while many people see flexible working as an important factor in their career choices, they also remain worried about what working from home will mean for their happiness, health, family lives and job prospects. The report claims that many workers are afraid that working from home will mean they grow lonely, overweight and stale. According to the report, home workers still long for a chance to mix with other professionals and so opt to pop out of the house regularly for a change of scenery and to reconnect with the real world. (more…)