Search Results for: generation z

Skyscrapers in London will be hardest hit by new business rates

Skyscrapers in London will be hardest hit by new business rates 0

Citi Tower at Canary WharfAs we reported yesterday there are plans afoot to surround the ‘Walkie Talkie’ winner of last year’s Carbuncle Cup with other tall building. However for organisations interested in occupying a London skyscraper it’s worth noting that according to Colliers, businesses in London’s twenty tallest skyscrapers can expect to pay an extra £50 million under forthcoming major changes to business rates. In a data analysis published recently, Colliers has assessed the likely effects of forthcoming business rates changes – floor-by-floor – on the occupiers of London’s twenty tallest buildings. Overall, firms will need to cough up an extra £50m as business rates bills go from £194m to £243m over the next three years. And the infamous ‘Walkie Talkie’ at 20 Fenchurch Street, and now fully occupied – will see the largest increase with office occupiers and luxury rooftop restaurants faced with a business rates bill of over £19m by 2019, an increase of £5.1m compared with current levels.

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Multi-tasking and workplace distractions don’t allow us to focus on the essentials

Multi-tasking and workplace distractions don’t allow us to focus on the essentials

Although the structure of our brains is largely the same as that of our hunter-gatherer prehistoric ancestors, that does not mean they are immutable. Research shows that the way our brains change in response to technology and the changing workplace suggests they are subject to a certain degree of ‘rewiring’. For example, a recent study found that the emotional response of adults to smileys in emails and texts is exactly the same as they would have to real faces. Tellingly, however, this appears to be learned behaviour because babies do not exhibit the same response. One other aspect of working life that is now proven to change the way our brains work – and not in a good way – is multitasking. Research published by Kep Kee Loh and Ryota Kanai of the University of Sussex found that “Individuals who engage in heavier media-multitasking are found to perform worse on cognitive control tasks and exhibit more socio-emotional difficulties”.

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Overwhelming majority of employees putting in unpaid extra hours

Overwhelming majority of employees putting in unpaid extra hours 0

Extra hoursThe overwhelming majority of  UK employees (81 percent) are working beyond their contracted hours, claims a report from recruitment firm Morgan McKinley. Overall, 81 percent of people put in the extra hours with senior staff most likely to work more than 10 hours over their contracted hours (42 percent) each week compared to 21 percent of those who had just started working. The Morgan McKinley Working Hours survey of 2,600 professionals in sectors such as banking and finance, claims that 75 percent of employees felt obliged to work beyond their contracted hours, yet just 13 percent of respondents to the survey say they are paid for working extra hours.  The study claims that only 32 percent of professionals believe that they are productive during the extra hours that they work. A third (34 percent) don’t take a lunch break of any kind, with Millennials (21 percent) being the largest group to have a working day without their lunch break.

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Increase in workplace technology spend will help make offices ‘more human’

Increase in workplace technology spend will help make offices ‘more human’ 0

Agile workingSpending on workplace technology has doubled in the past five years as artificial intelligence is used to redefine how we connect in the workplace. That is the central claim of a new report from design firm Unispace based on interviews with CEOs and Heads of Real Estate at some 100 blue chip firms worldwide including KPMG, Cisco, Adidas, GE, Accenture, Boston Consulting Group, Regus, Deloitte, UBS, Chevron, CitiGroup, and Ashurst, Respondents were asked to assess how they expect to use office space in 2020. According to the report, respondents indicated that they will continue increasing technology spend, irrevocably changing the traditional office space as we know it. Over the last five years, the average company spent 10 percent of its workplace budgets on technology with 30 percent going on services, partitioning and furniture. The trend has now reversed with technology spend outstripping other spend as companies strive to improve efficiency, collaboration, creativity, engagement and recruitment.

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People find meetings more productive than you might think

People find meetings more productive than you might think 0

Boardroom meetingsPeople generally find they don’t spend as much time in meetings as is commonly assumed and find them more productive than is widely reported, according to a study of global workers by unified communications firm Shoretel. The report sets out what it suggests are ten misconceptions about how people meet based on the results of an online questionnaire carried out earlier this year with 1,000 respondents worldwide. It claims that over three-quarters of respondents (76 percent) say they spend one hour or under each weekday in a meeting. Inevitably, the report breaks things down by age demographics, claiming that Generation X’ers,  are more likely than other generations to spend more time in weekly meets as were respondents working in the tech sectors. Only 11 percent of respondents found meetings a waste of time. Forty percent of respondents reported meetings were productive and another 48 percent said they were ‘sort of’ productive.

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Higher productivity levels reported by staff with flexible hours

Higher productivity levels reported by staff with flexible hours 0

Personal productivity

Measuring productivity is hardly an exact science, but there are ways that individuals can analyse their working habits and come up with ways of improving their performance. According to research by Conference Genie we all have times where we’re very productive and others where we struggle to get any work done. The data gathered in the study of 2,000 UK employees who work from home or in an office, can be split into age, gender, region and industry sector and shows that over half of UK office/home workers say they sometimes waste time at work, and a further 15 percent say they often waste time at work. It seems that the older generation is most productive. Eighteen to 24 year old’s gave themselves the lowest productivity rating and 55+ the highest. And in a further indication of the benefits of agile working a third of those who gave themselves a productivity rating of 4/5 say that their employer offers them flexible hours.

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Millennials not as keen on the gig economy as you might think, claims study

Millennials not as keen on the gig economy as you might think, claims study 0

MillennialsThe supposed confluence of two of the most currently talked about workplace phenomena may not be all it seems, according to a new report from PwC. It appears that Millennials may not be all that keen on the gig economy after all, and might prefer some of the things that previous generations enjoyed such as stability, security and an ability to plan their lives with at least some degree of certainty. They are realists however, and understand that the use of freelance work will continue to grow over the next few years. Indeed, the report suggests that it is older workers who – perhaps unsurprisingly – are more keen on freelance work. According to the study based on 1,385 respondents in the US, overall 41 percent of employees expect to be employed on a contract basis within the next year, even though over  a third  (39 percent) don’t like the income uncertainty, and over half (53 percent) expect to be fully self employed within the next five years.

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New proposals to create legal status for robots as ‘electronic persons’

New proposals to create legal status for robots as ‘electronic persons’ 0

One of the main side issues in the generally unpleasant debate about the UK’s referendum on EU membership has been that about worker’s rights. Whatever the outcome of today’s vote, the EU is already exploring ways in which legislation should address the challenges created by the modern world. These now include, for the first time, a look at the implications of automation including the drawing up of a new set of rules about the rights and responsibilities of robots and other automated workers. A draft report from the European Parliament’s Committee on Legal Affairs sets out to address the main issues associated with the creation of a widespread automated workforce and its impact on both people and machines, including looking at the impact on the social security and pensions budget (because robots don’t pay into the system), the legal rights of robots and new liability rules for the automated workforce of sophisticated ‘smart’ robots.

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Employees unconvinced about using wearables in the workplace

Employees unconvinced about using wearables in the workplace 0

Google_Glass_Explorer_EditionA lack of trust is stalling the use of wearables in the workplace as people worry that their employer may use the data against them and not for their benefit.  According to new PwC research, despite an estimated 3 million people in the UK buying a wearable device in 2015 – a 118 percent increase from the previous year –employees are still unconvinced about using wearables in the workplace. The research also found that two thirds (65 percent) want their employer to take an active role in their health and wellbeing, and feel that technology should be used to help them do this. But only 46 percent of people surveyed say they would accept a free piece of wearable technology if their employers had access to the data recorded. This is broadly in line with last year’s research, when 44 percent said they would take up this offer.

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US small business owners still cling to ‘office basics’, claims study

US small business owners still cling to ‘office basics’, claims study 0

9d5c0df1bfd9da2178e869944ba0d87dSmall businesses still rely heavily on the traditional working environment, according to the 2016 Business Survey from office equipment maker Brother. The report says these businesses are open to adopting next-generation cloud based and mobile technology, but they’re also ‘holding on to’ what it calls office basics such as printers, scanners and faxes. Over half (58 percent) of small businesses’ daily work tasks still require a physical office presence and 91 percent of small business owners currently have a printer, scanner, copier or fax machine within their work space. The need for these devices is confirmed in the data showing 43 percent of this same group use a printer, on average, 10 or more times per day.  The online survey of 509 small business owners in the US claims that the attachment to traditional devices does not mean that firms aren’t adopting new tech, but rather that they are trying to ‘have the best of both worlds’.

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Younger and older workers share many of the same attitudes to the workplace

Younger and older workers share many of the same attitudes to the workplace 0

presenteeismThe behaviour and attitudes of young people in the workplace are very similar to those of older generations. We keep repeating this point but it’s always worth reminding ourselves given the prevailing narratives that obscure this truth. Indeed, so powerful is the narrative that even when a piece of research or a survey contradicts it, there is often an attempt to ignore the report’s own finding’s in favour of something that fits the meme. This happens more often than you think which is why it’s always worth going beyond the headlines to look at what lies beneath. This week, two reports have appeared which highlight just how much a younger generation of workers shares the same attitudes and challenges as other generations. According to the reports, this is true for issues such as presenteeism and the need for the company of colleagues and so suggest we don’t need to treat different age groups quite so differently as is often claimed.

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New workplace technology will automatically adapt offices to needs of staff

New workplace technology will automatically adapt offices to needs of staff 0

workplace technologyA new generation of workplace technology that allows the working environment to adapt to the needs of individuals will attract people to work in offices and contribute to their productivity, wellbeing and happiness. That is the key finding of a new report from US office furniture giant Haworth. According to the white paper Enabling the Organic Workspace: Emerging Technologies that Focus on People, Not Just Space a new generation of sensors will measure how offices are used and allow them to adapt on a day to day basis by changing temperature and lighting levels and responding to employees’ needs and influencing their behaviour in other ways. The white paper suggests this will be a development of existing technologies in the way it adapts the immediate working environment to the specific needs of  an individual or group. This might even entail using biometrics to assess their psychological and emotional needs, according to the report.

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