Search Results for: future of work

UK commuters spend far more on rail fares than other European workers

UK commuters spend far more on rail fares than other European workers 0

Crowded commuteAt  1.1 percent the New Year rail fare increases are the lowest since 2010, but UK rail commuters still spend up to six times as much of their salaries on rail fares as European passengers, new analysis has revealed. Action for Rail, a campaign by rail unions and the TUC, has compared average earnings with monthly season tickets on similar commuter routes across Europe. The analysis looked at a UK worker on an average salary who is now spending 13 percent of their monthly wages on a £357.90 monthly season ticket from Chelmsford to London. By contrast, the average amount of salary going on a monthly season ticket for a similar journey is just 2 percent in Italy, 3 percent in Spain and 4 percent in Germany. Even in France, which is the closest to the UK for cost, commuters still spend nearly a third (30 percent) less on season tickets than their counterparts in the UK.

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Workplace bullying, pay, and productivity key workplace trends in 2016

Workplace bullying, pay, and productivity key workplace trends in 2016 0

Future ProductivityAcas has published its Workplace Trends 2016 report, which identifies workplace bullying, pay, the new trade union bill and productivity as key trends that will have an impact on employment relations in 2016. In this report, thought-leaders discuss leadership, improving productivity, the art of communication, giving voice to a better way of working, encouraging positive behaviours in tackling bullying at work and the psychology of productivity. Writing in the report, Acas Chair Sir Brendan Barber says that productivity is a real concern for the UK economy. He warns if we were able to match the productivity of the US then this would equate to around £21,000 per annum for every household in the UK, making it an issue that will remain high on the agenda in 2016. The report also features commentary from Steve Elliott, Chief Executive of the Chemical Industries Association, Dr Makani Purva, Anti-Bullying Tsar at Hull NHS Trust and Frances O’Grady, General Secretary of the TUC.

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From workplace wellness programmes to a positive workplace culture

From workplace wellness programmes to a positive workplace culture 0

wellnessResearch presented at the recent 2015 Global Wellness Summit (GWS) titled “The Future of Wellness at Work” forecasts that workplace wellness investment will “explode in the next 5 to 10 years”. Results from the research revealed that 87 percent of employees surveyed feel disengaged at work, with 38 percent experiencing excessive pressure and stress. Despite more than half of the employees having access to a structured wellness “programme” only three out of ten actually use it in practice. The generally human resources led workplace wellness programs perform poorly because they don’t always address the issue at hand. They instead choose to focus on health issues experienced outside of work, rather than looking internally at the workplace itself. The design of an office has been proven to have a material impact on the health, wellbeing and productivity of its inhabitants.

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Agile working is increasingly popular way to reduce London office costs

Agile working is increasingly popular way to reduce London office costs 0

London M25Rent, rates and service charges for office space in established Greater London office locations such as Croydon, Brentford and Uxbridge are typically over 50 percent lower than the cost of equivalent space in Central London locations such as Victoria, Marylebone, St Paul’s, Liverpool Street and Canary Wharf, Carter Jonas’ latest research claims. Increases in rents and business rates costs over the last five years, and the erosion of the stock of office buildings in some areas of Central London, as a consequence of redevelopment to higher value residential uses is reducing tenant choice and these factors are leading some occupiers to adopt new strategies to reduce their property footprint. Agile working and hot-desking are becoming popular ways to reduce the amount of space required to accommodate an organisation’s business operations the Tenant Advisory and Research Teams at Carter Jonas have found.

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Australia needs to do more to tackle the problems of mental health at work

Australia needs to do more to tackle the problems of mental health at work 0

Mental health and workOne in five Australians suffer from a mental health  disorder and employers need to do more to tackle the related issues. That is the central claim made in a new OECD report called Mental Health and Work: Australia. The study claims that mental health issues cost the Australian economy AUD 28.6 billion per year, equivalent to 2.2 percent of GDP. Adding indirect costs, such as productivity loss or sickness absence, nearly doubles that amount. The report is the ninth in a series of reports looking at how education, health, social and labour market policy challenges identified in a 2012 report called Sick on the Job? Myths and Realities about Mental Health and Work are being tackled in OECD countries. The report suggest that while Australia’s recent mental health reform is an important and helpful development, the country ‘needs to do more to help people with mild to moderate mental health issues at and into work’.

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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.

The benefits of peeling back the layers of the workplace onion

The benefits of peeling back the layers of the workplace onion 0

onionThe onion metaphor is normally used to describe the layers which must be peeled away to get to the all-important “core” of a problem or issue. The biggest question that is normally asked with respect to choosing office space based on the promise of improved productivity, is quantifying the value of the various initiatives that might be contemplated or proposed. I can’t help but think of how complex that question is due to the many “layers” there are to work through to get to a final quantifiable answer. In its most simple form the question of productivity in the workplace, is confined to how staff utilise their time to undertake the tasks or duties that correspond to expected output. But of course it is not only their use of time, but the environmental influences associated their environment, both in the workplace, its surroundings (the actual building and the precinct in which it is located) and their method of travel to the office.

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The three workplace professions need to face up to a new reality

The three workplace professions need to face up to a new reality 0

Eternal triangleThe modern workplace consists of an often unholy trinity of people, place and technology and each of these facets has its own associated profession; HR. IT. FM. Six letters. Three disciplines. One big mess. When life was simple, with people generally going to work in the same place and at the same time, each of these professions could operate in its own bubble, with a clear sphere of influence and control. Sure, they could behave in interdisciplinary ways, they could have their intersections, but at the end of each encounter they could each go their separate ways. That is no longer true. The workplace is no longer primarily physical, but digital and cultural too. The boundaries of space and time have slipped and taken with them the clear demarcations between the three main workplace professions. All of this is bound to provoke as big an existential crisis for the professions as it does for the workplace itself.

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Last chance to book next week’s Worktech London at a discounted rate

Last chance to book next week’s Worktech London at a discounted rate 0

Canary-Wharf_1-300x199In just over a week’s time, Worktech, the international conference series on the future of work, workplace and technology will return to Level 39 – Europe’s largest technology accelerator space. The event will bring together over 350 of the biggest and brightest names to debate, discuss and divulge the latest thinking on the future of work. Companies booked to attend include ANZ, AON, Allen & Overy, Arup, Barclays, Cabinet Office, Catlin, Central Working, Cisco, Deloitte, Deutsche Bank, Diageo, Discovery, Ebay, EE, Ernst & Young, GlaxoSmithKline, Goldman Sachs, IKEA, ITV, International Group for Environment and Development, Kings College London, Lenovo, McKinsey, Microsoft, National Grid, Royal Bank of Scotland, Schroders, Sonos, UBS, Vasakronan and Vodafone. Worktech15 takes place on 17th and 18th November and Insight readers can enjoy discounted tickets.

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Lacklustre recruitment processes can lead workers to turn down jobs

Lacklustre recruitment processes can lead workers to turn down jobs 0

Job interviewA third (34 percent) of UK workers have changed their mind in the last two years after accepting a job offer, choosing not to go ahead with the new role. Research from Office Angels, analysing the effectiveness of recruitment processes in the post-recession economy, found that nearly half (48 percent) of workers have received multiple job offers at the same time in the last 24 months. At the point of resignation, half (50 percent) received a counter offer from their existing employer. The research asked both hiring managers and job seekers their views on what makes an effective recruitment process. Almost all (96 percent) of workers view the speed of a job offer as a decisive factor when choosing between job opportunities at competing companies, two-fifths (41 percent) stated the most important part of being successfully recruited was a clearly defined recruitment process and 28 percent of workers consider cultural fit in making a decision.

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Firms use workplace improvements to invest in their human capital

Firms use workplace improvements to invest in their human capital 0

peopleA survey by CoreNet Global and Cushman & Wakefield claims that 88 percent of EMEA corporate real estate professionals are actively investing in workplace improvements, and 95 percent are addressing workplace technology as part of those upgrades. The results emphasise the importance of human capital, suggesting that factors such as office environment, flexible working and company culture continue to be seen as critical to attracting and retaining talent. The global Talent Agenda Survey, completed by 250 respondents, addresses how occupiers are managing their talent pool against an ever-changing and unpredictable business environment. The survey focused on categories such as the cost of human capital and its value; the key challenges relating to talent access, assembly and retention and the critical role that real estate plays in workplace innovation, efficiency and talent retention.

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Millennial workers value variety over job security and tenure

Millennial workers value variety over job security and tenure 0

Millennial 'job hopping'Employers may continuously be looking at ways to engage staff to ensure they still loyal to the organisation, but according to new research it seems they needn’t bother. Over one third (37 percent) of US workers — regardless of their satisfaction level — are seriously considering leaving their organizations, up from 33 percent of the workforce who were considering leaving in 2011. According to Mercer’s latest Inside Employees’ Mind research, which surveyed 3,000 people representing a complete cross-section of the US workforce, nearly one out of two employees who said they are very satisfied with their organizations and their jobs (45 percent and 42 percent, respectively) are still looking to leave. And perhaps unsurprisingly, it’s the Millennial workers who seem to value accelerated career paths and diversity (in the workplace and the work itself) over job security and tenure.

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