Search Results for: flexible

How commercial property owners can boost revenues and occupancy in light of the Autumn Budget

How commercial property owners can boost revenues and occupancy in light of the Autumn Budget

The Autumn Budget is anticipated to introduce a series of tax increases that could directly impact commercial property ownersThe Autumn Budget is anticipated to introduce a series of tax increases that could directly impact commercial property owners, including changes to capital gains tax (CGT), national insurance contributions, and business rates. These changes could have a ripple effect across the property market, influencing both investment decisions and tenant demand. These are the key areas of concern for commercial property owners. (more…)

Hybrid working leads people to use their commute as exercise

Hybrid working leads people to use their commute as exercise

The widespread adoption of hybrid working has led to a boom in active commuting - where workers combine their commute with physical exerciseThe widespread adoption of hybrid working has led to a boom in active commuting – where workers combine their commute with physical exercise – resulting in improved wellness, productivity, and job satisfaction, according to a new poll from IWG. The increased use of local flexible workspaces by hybrid workers has been central to this shift, says the firm, which provides local flexible workspaces. Almost two thirds (62 percent) of commutes to local workspaces are now mostly or entirely active, a 38 percent increase compared to commutes to city centre offices. (more…)

Sick days rise 41 percent over last three years as business productivity falls post-pandemic

Sick days rise 41 percent over last three years as business productivity falls post-pandemic

sick daysSick days have surged by 41 percent over the past three years as employers continue to struggle with declining levels of productivity. The latest Hiring Trends Index by Totaljobs, surveying 1000 UK HR decision-makers, highlights how this rise in absenteeism is perpetuating a cycle of poor business performance affecting both employers and employees. (more…)

The rise of the part time office opens up a new frontier for market growth

The rise of the part time office opens up a new frontier for market growth

The part-time office offers companies the ability to rent office spaces on a part-time basis, writes David RawlenceAs businesses, large and small, continue to adapt to post-pandemic realities, the demand for flexible working solutions continues to surge. The part-time office offers companies the ability to rent office spaces on a part-time basis—often for just one to three days a week— whilst opening a unique opportunity for occupiers, landlords, operators, and investors. (more…)

If firms want people to ‘return to office’, they should offer a better experience

If firms want people to ‘return to office’, they should offer a better experience

A new report from the British Council for Offices (BCO) argues that if employers want their staff to 'return to office', they need to approach the workplace in the same way they would their customers by creating spaces that offer experiences workers actively seek outA new report from the British Council for Offices (BCO) argues that if employers want their staff to ‘return to office’, they need to approach the workplace in the same way they would their customers by creating spaces that offer experiences workers actively seek out. The report, titled Towards Experience Utopia, claims to serve as a comprehensive guide for creating optimal working environments that integrate the best aspects of both remote and in-office work. Commissioned by the BCO Occupiers Group, which includes major employers like NatWest, PwC, Deloitte, and Goldman Sachs, the report highlights how the shift towards hybrid working has transformed the expectations of employees. (more…)

Reactions to the UK’s new Employment Rights Bill

Reactions to the UK’s new Employment Rights Bill

Details of the UK's new Employment Rights Bill were released yesterday. The legislation represents what the government claims is a significant overhaul of workers' rights, offering more protections and benefits and helping to promote practices like flexible workingDetails of the UK’s new Employment Rights Bill were released yesterday. The legislation represents what the government claims is a significant overhaul of workers’ rights, offering more protections and benefits and helping to promote practices like flexible working. Key elements of the bill include granting workers access to statutory sick pay and parental leave from the first day of employment, and introducing a ban on exploitative zero-hour contracts. It also aims to curb controversial “fire and rehire” practices and gives employees the right to claim unfair dismissal from day one, rather than after two years of service. However, businesses will still be allowed to operate probationary periods to ensure fit for roles, with discussions suggesting a maximum of six months. (more…)

UK’s best workplaces honoured at BCO Awards. And the winner isn’t an office

UK’s best workplaces honoured at BCO Awards. And the winner isn’t an office

The BCO has announced what it says is a list of the UK's best workplaces this year, with eight projects receiving accolades at its National AwardsThe British Council for Offices (BCO) has announced what it says are the UK’s most exceptional workplaces this year, with eight projects receiving accolades at its National Awards. The TTP Campus, a life sciences facility in Cambridgeshire, was the standout winner, claiming both the Best of the Best and Corporate Workplace awards. The awards, held at the JW Marriott Grosvenor House in London, celebrate excellence in office design, operation, sustainability, and community engagement. The event, attended by over 1,200 industry leaders and featuring guest speaker Clare Balding, highlighted the best workplaces that inspire creativity and positively impact local communities. (more…)

Hybrid working may just be a kink in the road to something better

Hybrid working may just be a kink in the road to something better

The fixation with the form of hybrid working is not something that will take us to where we need to be. There is a better way.When you fixate on deciding precisely how much time everybody has to spend in an office, somebody is going to decide the answer is five days. The peculiar obsession with pronouncing the answer to be two days or three days can be dated back to 2020 when a load of people who had never previously taken much interest in the matter decided to reinvent a world that had never existed, by replacing it with something that couldn’t exist. We invented hybrid working when we didn’t need to. (more…)

Third of workers admit to faking productivity

Third of workers admit to faking productivity

The poll from Workhuman claims that it is the pressure to appear busy that is driving workers to fake productivityPeople used to walk around the office with pieces of paper to look like they were working. Now a new report suggests that a third of UK workers admit to ‘pretend productivity’ by other means. The poll from Workhuman claims that it is the pressure to appear busy that is driving workers to fake activity. (more…)

Traditional models of facilities management are no longer fit for purpose, report claims

Traditional models of facilities management are no longer fit for purpose, report claims

facilities managmentWorkplaces need to be maintained and managed in a more agile and responsive way if they are to serve the needs of hybrid working and the so-called return to the office, according to new research from Colliers. Colliers Global Occupier Services’ new report Adaptive Facilities Management – a new vision in agility reveals traditional facilities management (FM) models, where services are delivered at fixed frequencies and costs, are no longer fit for purpose, due to occupancy levels at many workplaces remaining in flux. (more…)

US law firms make up two thirds of global law firm office leasing activity

US law firms make up two thirds of global law firm office leasing activity

Together, US cities accounted for 69 percent of overall H1 law firm office leasing activity in the world’s largest legal marketsNew York accounted for a third of all leasing activity globally in the legal sector in the first half of 2024, says Savills, equating to over 1.4 million sq ft of space, out of a total of 4.3 million sq ft across the world’s 15 largest legal markets, reflecting its position as the world’s principal legal hub. Together, US cities accounted for 69 percent of overall H1 law firm office leasing activity in the world’s largest legal markets, reflecting the dominance of American firms in the sector overall, as well as the tendency for US legal offices to have a lower occupancy density and thereby requiring more space, according to Savills. (more…)

Government minister sparks debate about working from home and increased truancy

Government minister sparks debate about working from home and increased truancy

 

Has the increase in parents working from home led many to become more relaxed about their children missing school?A comment piece published in The Sunday Times by UK Education Secretary Bridget Phillipson has sparked a debate about whether there is a link between the rise in working from home and an increase in truancy levels among pupils. The number of pupils who are routinely and persistently absent from school is around 150 per cent higher than before the Covid-19 pandemic. (more…)