Search Results for: future of work

Government report calls time on late payments, addresses productivity puzzle

Government report calls time on late payments, addresses productivity puzzle

by • Facilities management, News, Property

The culture of late payment by large firms has led to the failure of many small businesses in the UK and prevented even more from thriving and improving their productivity, according to a parliamentary select committee report published today. The Business, Energy and Industrial Strategy (BEIS) committee has called on the government to enforce tougher measures on large firms who treat small businesses “disgracefully” by enforcing long payment terms or paying their suppliers late. The Small businesses and productivity report said that, for an SME to succeed, it is crucial they are paid fairly and on time.

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Firms and employees need to do more to address climate change

Firms and employees need to do more to address climate change

by • Environment, News

A new report claims to have found a lack of commitment amongst UK businesses to address their impact on the environment and contribution to climate change, with only 10 percent having set a carbon reduction target, while just under half of companies (49 percent) use even the most basic sustainability measures, such as recycling bins for office waste.

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Core Innovation Hub secures funding to transform the way buildings are designed, built and managed

Core Innovation Hub secures funding to transform the way buildings are designed, built and managed

by • Architecture, Facilities management, News, Property, Workplace design

An alliance of experts specialising in digital, manufacturing, building performance standards and construction technology has been awarded leadership of a new national Hub to drive innovation and technological advances in the UK construction and infrastructure sectors. Following a nationwide competition, Innovate UK has awarded £72 million to the Transforming Construction Alliance to deliver a national Core Innovation Hub, a key element of the Transforming Construction programme. The alliance brings together the specialist expertise of the MTC (Manufacturing Technology Centre), BRE (Building Research Establishment) and the CDBB (University of Cambridge Centre for Digital Built Britain).

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A challenge to traditional law firm design at new London offices for Wikborg Rein

A challenge to traditional law firm design at new London offices for Wikborg Rein

by • Company news, Workplace design

ThirdWay Interiors has recently completed the office design of international law firm; Wikborg Rein in central London. The 12,000 sq. ft space has been designed to challenge the traditionally conservative style of a corporate workplace to create an office that is unique and innovative within the legal sector. With a recruitment drive underway, Wikborg Rein needed space for the current team, future expansion and for visiting colleagues from overseas.

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Sociopathic corporations, the office as home, self-promotion anxiety and some other stuff

Sociopathic corporations, the office as home, self-promotion anxiety and some other stuff

by • Features

There is a theory that when companies talk about issues such as corporate social responsibility they are doing so because it helps them to achieve their business goals. This is the coldly rational thing to do according to people like free market guru Milton Friedman who argues that companies should not actively pursue altruistic ends unless that pursuit is ultimately in the interest of their shareholders. As Friedman puts it: ‘Hypocrisy is virtuous when it serves the bottom line. Moral virtue is immoral when it does not’.

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Ten UK employment law changes to look out for in 2019

Ten UK employment law changes to look out for in 2019

by • Comment, Legal news

From gender pay gap reporting to widespread claims of workplace sexual harassment, 2018 has been a busy year in employment law. Although employers may hope for a quieter 2019, it’s looking likely that there will be a number of issues that are prevalent throughout the year, amid the ongoing uncertainty of Brexit. Below are just ten changes employers need to look out for.  Whilst there are sure to be other new developments introduced throughout next year, employers would do well to keep a close eye on these particular topics and put plans in place to ensure their business complies with any new requirements.

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Business confidence linked to attitudes towards digital transformation

Business confidence linked to attitudes towards digital transformation

by • News, Technology

A report published by Vodafone suggests there is a clear link between digital transformation and levels of business confidence in the UK. 79 percent of business leaders say digital transformation is a strategic priority and are keen to exploit its full potential. Organisations that prioritise digital transformation are also more confident about future growth. Of those business who see digital as a low-priority, only 17 percent are very confident about their future growth; for those who see digital transformation as a high-priority, this figure almost triples to 50 percent. The Digital, Ready? report surveyed 2,001 business leaders across the UK, from sole traders through to large enterprises and the public sector. It found that a fifth have already successfully implemented digital transformation projects; and more than half believe they are making good progress (53 percent). 69 percent recognise that their organisation will not survive if they fail to embrace digital transformation.

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Economy could achieve significant economic boost by addressing skills gaps in younger people

Economy could achieve significant economic boost by addressing skills gaps in younger people

by • News, Workplace

The UK could boost GDP by around £40 billion a year in the long run if it reduces the number of young people not in education, employment or training (NEET) to match Germany, the best performing EU country. Despite making improvements in recent years, the UK only ranks 19th out of 35 countries across the OECD on a PwC index based on a range of indicators of youth employment, education and training. But this is slightly better than the UK’s ranking of 21st across the OECD on a similar PwC index for older workers released earlier this year. Across England NEET rates vary significantly, reflecting the disparity in educational attainment and job opportunities across the country. In 2017, the West Midlands had the highest NEET rate for 19-24 year olds at 16.7 percent, followed by the North East by 16.3 percent. Meanwhile the South East and South West have the lowest rates, both at 11.5 percent (see table below). (more…)

OECD, UN Environment and World Bank call for a radical shift in infrastructure thinking

OECD, UN Environment and World Bank call for a radical shift in infrastructure thinking

by • Cities, Environment, News

The OECD, UN Environment and World Bank Group have this week called on leaders of G20 countries to do more to enable a radical shift of investment into low-carbon, climate-resilient infrastructure as a way to limit the impact of climate change. Delivering a new report, Financing Climate Futures: Rethinking Infrastructure, to the G20 at its Summit in Buenos Aires, the three International Organisations said governments need to adopt a more transformative agenda on low-carbon, climate-resilient investments if they are to meet the Paris Agreement goal of cutting CO2emissions to net zero in the second half of the century and build resilience to climate change.

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UKGBC launches new industry task group on net zero carbon buildings

UKGBC launches new industry task group on net zero carbon buildings

by • Architecture, Environment, Facilities management, News, Property

UKGBC launches new industry task group on net zero carbon buildingsA new task group spearheaded by the UK Green Building Council (UKGBC) being launched which will develop an industry-led definition for net zero carbon buildings. The task group brings together over thirty experts from across the building value chain and is being supported by 12 leading industry bodies. Following the recent IPCC report and the Paris Climate Agreement, worldwide attention has switched to achieving “net zero emissions” to escape the worst impacts of climate change.  To answer this, a global campaign is being led by the World Green Building Council – calling for all new buildings to be net zero carbon in operation by 2030 and all existing buildings to achieve this standard by 2050. Its aim is to build industry consensus on a definition for net zero carbon buildings, which can then be used to advise project designs, planning requirements and building regulations.

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Employers to prioritise career development, wellbeing and flexibility

Employers to prioritise career development, wellbeing and flexibility

by • Flexible working, News, Wellbeing, Workplace

The majority of employers (97 percent) are planning to maintain or increase how much they spend on employee benefits over the next two years, according to new research published today by the CIPD and LCP. In the latest ‘Reward management’ report, released today, 8 in 10 employers (81 percent) said they intend to spend the same amount on employee benefits over the next two years as they currently do, while 16 percent plan to increase their investment to address staff wellbeing and career development.

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New report challenges idea that productivity has no link with income

New report challenges idea that productivity has no link with income

by • News, Workplace

A new IZA World of Labor report published today suggests that workers’ effort may be more responsive to wage incentives and therefore the efficiency costs of progressive labour income taxation larger than previously thought. A fundamental question in economic policy is how labour supply responds to changes in remuneration. The responsiveness of labour supply determines the size of the employment impact and efficiency loss of progressive income taxation for example. The economist Tess Stafford of the University of New South Wales, Australia, summarises a number of recent studies of independent contractors’ labour supply which confirm a key prediction of economic theory: workers work more (in fact, quite a bit more) when earnings are temporarily high.

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