Search Results for: flexible working

The global tension between cost and talent in corporate real estate

The global tension between cost and talent in corporate real estate 0

TightropeConcerns over the health of the global economy, workforce strategies and rising costs and pace of business are heavily influencing real estate decision-making for major corporations, a new survey by CBRE of global corporate real estate executives claims. More than 400 respondents from around the world participated in the survey. Nearly half (49 percent) cited economic uncertainty as their greatest challenge, while 43 percent identified it as cost escalation. Forty-eight percent projected a stable real estate footprint for this year. Seventy-nine percent stated that they are actively using space-efficiency initiatives to manage costs, combining ‘ground-up workplace strategies with top-down cost management initiatives’. Workplace strategies are also driven by initiatives that aim to improve collaborative working and enhance a firm’s pool of talent as well as address other workplace issues such as wellbeing and work life balance.

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Isn’t it time that UK businesses thought more like the Scandinavians?

Isn’t it time that UK businesses thought more like the Scandinavians? 0

SunriseThe clocks went forward on 27th March meaning darker mornings and lighter evenings – at least for a time.  But the standard working day doesn’t reflect such changes, with commuters setting out in darkness to make a fixed 9am start. The changing of the clocks raises interesting questions about the UK work model. Why does UK business persist with the 9-5? We know that commuting in and out can be stressful and detrimental to productivity – not to mention expensive. So why do we continue to do it? Why is the UK’s workforce all boarding the same trains to arrive at the office at the same time? Today, the very notion of the 9am start to the working day should seem archaic. Sweden – often a forerunner of best practice when it comes to wellbeing – recently introduced a 6-hour working day in a bid to reduce sick leave and make staff happier.  To date, there has been no hard analysis of results, but anecdotal evidence suggests a healthier, more engaged workforce.

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Is discrimination of women with children the root cause of gender pay gap?

Is discrimination of women with children the root cause of gender pay gap? 0

Measuring the gender pay gapTwo reports published this week support the argument that it is when women have children and require more flexible hours, that they really start to feel the sharp end of the gender pay gap. A report by a cross party group of MPs on the Women and Equalities Select Committee, reveals that supporting men and women to share childcare and other forms of unpaid caring more equally would be one of the most effective policy levers in reducing the gender pay gap. Without this support, many women are trapped in low paid, part-time work below their skill level. This contributes to pay disparities and the under-utilisation of women’s skills that costs the UK economy up to 2 percent GDP, around £36 billion. It also found that not enough is being done to support women returning to work if they have had time out of the labour market. Meanwhile a report from the Equality and Human Rights Commission says that three in four working mothers experience maternity discrimination.

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Report sets out challenges for rapidly changing Australian workplace

Report sets out challenges for rapidly changing Australian workplace 0

Digital workingWhen it comes to innovation in workplace design and management, there are few countries in the world quite so forward thinking as Australia right now. Even so, Australia’s workers, firms and legislators remain under-prepared for the rapidly changing world of work, according to a new report from the Commonwealth Scientific and Industrial Research Organisation (CSIRO), a Government funded research agency. Many of the trends outlined in the report will be familiar to readers of Insight. Over the next twenty years, it claims that around half (44 percent) of all jobs will be subject to computerisation and automation. Over the same period, it suggests that the majority of people will become active in the gig economy, many of them based in shared coworking spaces. The report also suggests that while Generation Z will be faced with the highest degree of change, an ageing population presents its own challenges.

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The UK public sector workplace is disempowered and can’t cope with change

The UK public sector workplace is disempowered and can’t cope with change 0

Manchester_town_hallA new report claims that the typical public sector workplace in the UK is dysfunctional on a number of levels. That is not the conclusion of some right wing think tank, but instead comes from Civica’s Invigorating the Public Sector Revolution report, commissioned in partnership with Society of Local Authority Chief Executives and Senior Managers (SOLACE). Based on a survey of 276 senior and middle management staff, a mere 7 percent of respondents said that the public sector offered an empowering working culture and just 25 percent believe their management teams have the skills and attitudes to lead the organisation over the next ten years. Of particular concern was the ability of organisations to cope with change. Just under half (47 percent) of those surveyed believe their leadership team lacks the management skills needed for ‘a period of massive and accelerating change’.

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Government needs to play catch up with needs of the self-employed

Government needs to play catch up with needs of the self-employed 0

self employmentPoliticians and legislators are failing to keep pace with the changing nature of work and as a result many of the UK’s growing army of freelancers feel like second class citizens. That is the key finding of a new report commissioned by the Government and authored by entrepreneur Julie Deane. She claims that the Government should do more to bring the self-employed into line with legislation affecting the wider working population, including access to higher rates of parental leave and pay. The report sets out ten key recommendations, notably that the parental allowance should be brought into line with the rules for employees, who are paid a higher portion of their salary for the first six weeks of statutory maternity pay before the percentage drops. It also suggests that the education system should do more to prepare young people for a changing world of work and that more should be done to offer a choice of workplaces for the self-employed..

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Employers believe Millennials are the most demanding workers

Employers believe Millennials are the most demanding workers 0

Younger workers less tolerant of flexible workers than you would thinkIt seems unfair to brand Millennials difficult, when you consider they are the less experienced generation of workers, but new research suggests they require more hand holding in the workplace. When asked about workers they’ve dealt with, 48 percent of bosses felt that millennials were more reliant on detailed targets and required regular progress meetings in order to stay motivated. However, the majority of bosses (89 percent) agreed that these demands indicated that millennials were highly career driven. Over one third (39 percent) named generation X as the most self-sufficient, as this group required less guidance, with Baby Boomers a close second (34 percent). Millennials were also cited as the generation most incentivised by reward and praise (41 percent), followed by Generation X (26 percent), Baby Boomers (22 percent) and Generation Z (11 percent), while Generation X had the biggest desire for a work life balance (37 percent).

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The future of next generation TMT workplaces explored in new report

The future of next generation TMT workplaces explored in new report 0

TMT WorkplaceA new report from property adviser Cushman & Wakefield claims to outline the key future property trends for TMT workplaces based on the views of decision makers from global Fortune 500 organisations, architects, designers, founders of start-ups and high-growth businesses. The Future of the TMT Workplace report produced in association with Unwork, identifies the key forces ‘driving change and necessitating TMT players to fundamentally rethink their workplace strategies’. These include frictionless growth, engineered serendipity, the ‘gig’ economy, the pace of technological change, demand for top technological talent far outstripping supply and where to locate in order to succeed.At this week’s launch event for the report, a panel of expert speakers agreed that workplaces have a critical for TMT firms to respond to challenges such as the need to attract the most talented tech workers.

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‘Barrier Bosses’ preventing progress in gender equality despite wide support

‘Barrier Bosses’ preventing progress in gender equality despite wide support 0

Female equalityMore men than women believe that equality between the sexes would be better for the UK economy and themselves. Yet despite finding a clear desire for equality, the forthcoming ‘Sex Equality – State of the Nation’ report by the Fawcett Society reveals that there are still significant barriers to progress that need to be overcome. Overall men are more likely to support equality of opportunity for women than women, with 86 percent of men wanting this for women in their lives, compared to 81 percent of women wanting it for themselves. But the survey identified two major barriers to progress – firstly a small but powerful group of ‘barrier bosses’ responsible for recruitment decisions, and secondly the fact that most people believe that men at the top won’t voluntarily move over for women. This year the Government plans to implement Section 78 of the 2010 Equality Act which will require all employers of over 250 people to publish their gender pay gap.

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Employers failing to exploit positive influence on employee health

Employers failing to exploit positive influence on employee health 0

WellbeingThree-quarters of UK employers believe they are responsible for positively influencing employee health, yet many do not appear to be doing much to ensure this happens. The annual Benefits and Trends Survey by Aon Employee Benefits found that 75 percent of businesses believe they are responsible for changing employee health and wellbeing behaviours, yet 72 percent still do not currently have a specific budget for it and 38 percent do not use any data or analytics to inform their strategy. It found that only 25 percent of employers have a branded health and wellness programme in place. More encouragingly though, a significant minority (14 percent) said that senior leadership acted as advocates of employee health, while 12 percent had location-based wellness champions. Perhaps because it doesn’t directly impact the bottom line, the most popular health and wellbeing tactic is a flexible approach to working, with 53 percent of employers saying this is offered.

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How our preconceptions can lead us to fail the office design bench test

How our preconceptions can lead us to fail the office design bench test

Logan Offices New YorkThe office furniture design scene certainly came alive in the early 1990s. New ideas and new technologies wove themselves into the grand narrative of new ways of working. Everything was possible and there was no longer one best way of doing things. In New York, Chiat Day’s offices featured touch-down desks, garish crimson floors and walls and a reception framed by a huge pair of plastic, glistening lips. In Helsinki, Sol Cleaning Services did away completely with ideas as outmoded as desks and working hours. In the UK, British Airways gave their staff olive groves and indoor streams to work alongside. And in London a small media company called Michaelides and Bednash had offices that consisted of a room furnished with a single 20m long serviced table for its 20 staff to share. Such workplaces were surely one-offs, mere footnotes to the grand narrative.

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WeWork announces latest plans to dominate London’s commercial property scene

WeWork announces latest plans to dominate London’s commercial property scene 0

wework-moorgate-london-4Coworking giant WeWork has announced three new deals as it seeks to become the major player in London’s commercial property market. The firm, founded by Adam Neumann in New York in 2010, has made no secret of its plans for London as we reported earlier this year. The office space provider already has six London locations which it lets out to members (not tenants) who have access to the network of 57 locations in 17 countries on flexible terms via an app. According to a report published this week in Estates Gazette it is now set to add another 1 million sq. ft. to its portfolio in the capital with locations on City Road, Waterhouse Square and Docklands. The plans were announced to coincide with the launch of its largest London centre at Moor Square designed by Oktra. The company has also announced that it intends to launch its WeLive residential property concept in London in the near future following its successful launch in New York.