Search Results for: flex

MIPIM demonstrated how property industry is moving with the times

16600996569_f9cd51af5f_kIn its 26th year, the colossus conference that is MIPIM was back in full flow. With 93 countries were present, 4, 500 investors and 22, 000 registered delegates there were numerous developments presenting opportunities around the world. And crucially, there were more people apparently buying than selling, meaning that strong investment activity will follow. A dumbfounding prediction from property agent Cushman & Wakefield, that global real estate investment could rise 11% to 1.2 trillion euros – an indication of just how much healthier the market is. However, the renewed positivity isn’t simply a return to the ‘good times’, it is apparent that the pain the recession brought in 2008 hasn’t been forgotten and we are seeing a revised formula for property that includes sustainability, collaboration and – crucially – people.

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Government publishes its State of the Estate Report for 2014

Home-office-001Yesterday, the Government published its State of the Estate report for 2014 detailing the size and cost, efficiency of use and sustainability of central government buildings. The report covers all central government property with the exception of the military estate, prisons, NHS, Defra rural estate, Foreign & Commonwealth Office and Home Office and overseas estate. The current Government has laid great store on its ability to rationalise and improve the estate and the report focuses on its achievements in this regard. The report claims that since 2010, the changes have resulted in the estate divesting some 2,000 properties (28 percent of the total), reduced the footprint of the estate by 2 million sq. m. (a 20 percent reduction).  It claims that this has been achieved by “identifying underused properties and modernising buildings to make better use of a smaller number of properties and the space within them.”

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Employee benefits policies still not family friendly, claims new report

Employee benefits fathersFewer than half (48 percent) of UK employers offer enhanced maternity pay to staff, claims a new study by Croner. According to the Croner reward employee benefits report, based on a survey of 127 employers, the most commonly offered enhanced scheme was 3 months leave at full pay. The research also found that fathers fare even worse with less than a third of firms offering paternity leave above the statutory minimum, with 62 percent offering full pay for a period of two weeks. Commenting on the findings, Viv Copeland of Croner says: “While some family friendly benefits such as flexible working and childcare vouchers have really grown in the last few years, the offer of enhanced maternity and paternity leave and pay still has a long way to go. The recent legislation around shared maternity/ paternity leave should bring some fresh thinking to this area from parents and employers alike.”

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Multi generational workplace could boost economy by £25 billion

mult generational workplaceThe Government has published a new report which describes the challenges faced by the UK’s over 50s in the workplace and sets out ways in which more of them can stay or move into work. The report is the culmination of eight months’ work by a team led by the Government’s ‘ageism tsar’ Ros Altmann and highlights why action is needed based primarily on the twin issues of demographic change and increasing life expectancy. The report, Retain, Retrain, Recruit, recommends action that would help older workers thrive and ensure individuals, industry and the economy can reap the financial and social benefits of a multi generational workplace. The report outlines how businesses could recruit more older workers, retrain existing staff and provide greater flexibility to retain them as well as setting out measures that should be taken to reflect the multi generational workforce in the media and policy making.

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The latest Insight newsletter is now available to view online

Insight_twitter_logo_2In this week’s issue; Maciej Markowski says it’s worth asking exactly where open plan office layouts will work and where they won’t and Justin Miller explores the influence of Scandinavian furniture design on the UK. Mark Eltringham wonders what will become of the generation of Tech Palaces, as exemplified by Google’s California campus; asks why more firms haven’t been drawn to look at leasing to fund office fit-out and argues politicians tend to get behind a big, stupid idea than a number of small, effective ones. Two new reports published this week highlight the potential benefits of flexible working, especially to women; and news of the latest workplace malaise, Invisible Employee Syndrome, when employees disappear from the performance radar. Sign up to the newsletter via the subscription form in the right hand sidebar and follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

It’s worth exploring alternative forms of finance for office fit out

Fit-out-1You can’t help but notice that there has been a shift in recent years for us to become the consumers of things we were once obliged or wanted to own. We watch films on Netflix, listen to music on Spotify and share cars with strangers through BlaBlaCar. As both individuals and businesses we rent software rather than own it and in the growth of serviced offices and co-working spaces we see the same forces at work. The attractions of this approach are obvious, not least in keeping down the costs of things we may not want to keep in the long term and leaving ourselves free to make different choices in the light of rapidly changing circumstances. So it’s no surprise that economic uncertainty is just one factor that has driven an increase in asset financing at the same time that we have seen a permanent change in spending patterns.

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Firms not offering staff the technology they need, claims report

Flexible working techMore than half (55 percent) of UK employees believe they do not have access to all the technology needed to do their jobs, according to research by Fujitsu. The study, Digital Inside Out, was based in a survey of just over 1,400 UK based employees and claims to reveal a significant disconnect between the needs of a digital-savvy working population and the digital services UK employers are currently providing. According to the report, 73 percent of UK employees believe that digital is vital to the future success of their organisation. However despite this, only 45 percent of employees feel they are provided with access to the technology services and applications they need to do their job sufficiently and 29 percent state that their ability to do their job is being hindered due to poor digital services. The report argues that the mismatch can be very costly for organisations.

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How a big, stupid idea can be more attractive than a small, effective one

We’re going to be hearing a lot of big ideas over the next few weeks. Politicians will be sharing their ‘visions’ with us and letting us know exactly how ‘passionate’ they are about them and anything else Twitter tells them we care about. It’s going to be boring and infuriating, but we only have ourselves to blame. We fret when politicians don’t give us a handy label on which we can rest our hopes or lay the blame, depending on whether we agree with whatever the big idea is or not. Of course, David Cameron’s vision of choice when he became Prime Minister in 2010 was The Big Society. I won’t get into the rights and wrongs of that but I think we can all agree that The Big Society has been kicked unceremoniously into The Long Grass and we won’t be hearing much about it in the build up to this year’s General Election. Nor will we be hearing much about another of David Cameron’s pet projects even though that has actually gone on to be something of a success.

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Men and women have differing views on equal pay and opportunities

Gender pay gapMen and women have differing views on the pay and career opportunities available to female employees in the workplace, according to a report published today by recruitment firm Hays. The report is based on a study of 6,000 employees which found that just under half (45 percent) of women think that equally qualified and capable male and female colleagues are not paid the same compared to around 20 percent of men. The survey also produced an almost identical result when respondents were asked whether the same career opportunities were available to both sexes, with 21 percent of men and 48 percent of women claiming that both genders enjoyed the same opportunities. Overall both sexes agree that quotas are not the best solution to any mismatch with just 9 percent agreeing that they would have a major impact.

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Latest Insight newsletter is now available to view

Insight_twitter_logo_2In this week’s issue; Colin Watson reflects on how the Internet has ushered in a new world of work over the past two decades; Mark Eltringham explains why the current obsession with ‘engagement’ should not exclude employing the right people in the first place and Charles Marks extols the vital role of the office for key sectors such as the financial services industry. A new OECD report suggests that flexible working still has a negative impact on many women’s career prospects; while a separate study finds the majority of workers are happy with their work/life balance. You can also view a video and gallery of Google’s new Silicon Valley headquarters and read about the offices that have been recognised in the latest BREEAM awards. Sign up to the newsletter via the subscription form in the right hand sidebar and follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Majority of UK workers concerned about their ability to retire

Man-with-empty-pockets-006A new report from the Chartered Institute of Personnel and Development claims that the majority of UK workers are concerned that their current pension arrangements won’t allow them to retire. It found that the average employee pension contribution to a workplace-defined contribution pension scheme is currently 5 percent, but most employees think they should be saving almost double that (9 percent). Four in ten (43 percent) think they should be contributing more than 10 percent of their salary to their retirement savings and almost a quarter (22 percent) admitted they didn’t know how much they should be contributing. The shortfall between what employees are paying in and what they think they should be paying is highlighted by the fact that over half of UK workers have considered how they might work past state pension age and one in ten people (13 percent) are worried that they will never be able to afford to leave paid employment.

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Female empowerment within UK workforce on rise but too few in full time jobs

Women in work indexA strengthening economy has helped the UK to rise up to 14th position out of 27 OECD countries in PwC’s annual Women in Work Index, but it still lags well behind many other countries in overall female economic empowerment. The Nordic countries continue to lead the Index, with Norway maintaining pole position, followed by Denmark and Sweden. These three countries have consistently occupied the top three positions in the Index since 2000 and the reason is that they all have a much fairer balance between genders on managing work and family life. By comparison, although the UK is in the top 10 performing OECD countries on female participation in the labour force, this is negatively impacted due to the low proportion of women in full-time employment; suggesting that flexible working  is having a negative impact on many women’s career prospects.

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