Search Results for: income

April 27, 2018

Employers not properly supporting older workers with health conditions

by Sara Bean • News, Wellbeing, Workplace

One in four working people aged 55+ with a health condition are considering leaving work as a negative culture and bureaucratic procedures put many off speaking to their employers until a crisis point. This is according to a new report from Ageing Better, ‘Health warning for employers: supporting older workers with health conditions’, which claims that employers are not properly supporting older workers experiencing long-term physical and mental health conditions. Health is the most important factor affecting older workers’ decisions to stop working before reaching State Pension age. Ageing Better’s research finds that early access to support, small adjustments to the workplace and working patterns, and empathetic management are crucial to enabling people to manage their health at work and remain in employment. But the research also found that workers are often put off speaking to employers until the last moment due to poor workplace culture and overly bureaucratic procedures.

(more…)

April 16, 2018

Local authorities spend £3.8bn on commercial property in last five years

by Mark Eltringham • News, Property, Public Sector

Local authorities have invested around £3.8 bn in commercial property over the last five years, a new study claims. The report (registration required) from property consultancy Carter Jonas and Revo claims that of the £3.8 bn invested, nearly half was spent on the acquisition of office space. It found that Spelthorne Borough Council in Surrey (pictured) was the largest local authority investor committing £477.1 m to assets within its domain. This is more than double its nearest rival Warrington Borough Council (£219.5 m) and is largely down to the purchase of BP’s International Centre for Business & Technology in Sunbury for £360 m.

(more…)

April 4, 2018

Government announces details of new real estate agency

by Mark Eltringham • News, Property, Public Sector

The UK government has announced the creation of the Government Property Agency (GPA) which will aim to ‘improve the efficiency and effectiveness of the Government Estate and generate benefits of between £1.4 billion and £2.4 billion over the next ten years’. GPA’s initial portfolio of 80 properties will grow to over 1,000 as it takes on increasing responsibility for managing the general purpose central government real estate portfolio. This is intended to manage the government’s property portfolio strategically in order to realise the benefits that departments cannot achieve on their own. The GPA will partner with government departments to find innovative property solutions, and provide expertise to enable them to deliver wider business change more efficiently. More broadly, the GPA will also be an enabler for the delivery of Civil Service transformation, regional growth and the government’s vision to strengthen the Union.

(more…)

April 2, 2018

Take up of shared parental leave is held back by cultural inertia

by Paul Kelly • Comment, Flexible working, Workplace

A recent report by the House of Commons’ Women and Equalities Committee, Fathers and the workplace, has brought into sharp focus the problems fathers have juggling participation in family life with their employment obligations. We are moving away from the traditional gender stereotypes of the father being the breadwinner and the mother being responsible for childcare. Today, many families have two parents in either full or part-time work, with dual income households being far more common now than just 30 years ago. The pace of technological change and the growing gig economy have both contributed significantly to this shift in working patterns. As a result, some of the UK’s laws are becoming outdated, as many laws were formulated on the assumption that it would usually be the woman within a family who would have responsibility for childcare.

(more…)

March 27, 2018

Ageing population and low fertility rate is leading to European labour force shortage

by Sara Bean • News, Workplace

Europe faces an increasing labour force shortage, which means that between 2017 and 2025, 184 out of 263 metropolitan areas from the EU-28 will record a negative growth rate in their working age population. According to a recent analysis by GlobalData this is due to a combination of lower fertility rates across most European Union (EU) countries, which is causing a reduction the growth rates of the youth population, while increased life expectancy is leading to a steady rise in the growth of the elderly population. But according to Ramnivas Mundada, Economic Research Analyst at GlobalData, ‘‘Measures such as increasing the levels of post-retirement employment opportunities, offering more support for women returning to the workplace and investing in youth employment, education and training could help to mitigate the impact of these demographic changes over the long term.’’

(more…)

March 27, 2018

New ruling means Australian workers will get five days of unpaid domestic violence leave

by Mark Eltringham • Legal news, News, Wellbeing, Workplace

The Australian Fair Work Commission has ruled that all employees, including part time and temporary staff, will be entitled to five days of unpaid leave if they are affected by family or domestic violence, if they “need to do something to deal with the impact of family and domestic violence and it is impractical for them to do this outside of their ordinary hours of work”. The Fair Work Commission said that over the past year it had held a number of consultations to help it consider the most appropriate and balanced term for the new domestic violence leave entitlement. The Australian Council of Trade Unions (ACTU) had suggested a number of possible models to the Commission, including the provision of 10 days of paid domestic violence leave for all employees. However, the Commission confirmed this week that a standard of five days leave is a “fair and relevant safety net entitlement”, adding that it has taken a “cautious regulatory response to this issue.”

(more…)

March 22, 2018

Activity and a positive attitude are best treatments for back pain, claims major new study

by Mark Eltringham • News, Wellbeing

Although lower back pain is the leading cause of disability worldwide, affecting an estimated 540 million people at any one time, it is often mistreated, according to a new series of papers in The Lancet medical journal. The series provides evidence that back pain should be managed with activity, in the workplace and in primary care. However, a high proportion of patients worldwide are treated in emergency departments, encouraged to rest and stop work, are referred for scans and surgery or prescribed pain killers including opioids. The authors claim this is at best pointless and at worst harmful. Exercise and psychological therapy are the only things that work for the majority of cases of chronic back pain but too many people wrongly believe the idea that rest is best for the condition, according to the authors. The series of papers also concludes that job satisfaction and a positive attitude are among the strongest indicators of how well people will overcome chronic back pain and related issues.

(more…)

March 20, 2018

Working fathers are being let down by workplace policies, claims Government report

by Mark Eltringham • Flexible working, News

The Government’s Women and Equalities Committee has published its report on fathers in the workplace. Its main conclusion is that current policies supporting fathers in the workplace do not deliver what they promise, despite good intentions and this is particularly the case for less well-off fathers. It claims that the Government must reform workplace policies to ensure they meet the needs of the 21st century family and to better support working dads in caring for their children, say MPs. The report concludes that the right to request flexible working has not created the necessary cultural change and the Government itself admitted to the inquiry that its flagship shared parental leave scheme will not meet its objective for most fathers.

(more…)

March 5, 2018

Automation will lead to greater inequality rather than job losses

by Neil Franklin • AI, News, Technology

The total level of wages associated with jobs that have the technical potential to be automated in the UK is £290 billion per year, which represents 33 percent of all wages and earnings from labour in the economy, according to a new report published by IPPR for the IPPR Commission on Economic Justice. The report further claims that low-wage jobs have more potential to be automated than high-wage jobs and so it’s not just automation’s impact on the number of jobs that need to be considered but the impact on inequality. If automation leads to lower average wages or working hours, or loss of jobs in aggregate, a significant amount of national income could be transferred from wages to profits. And while increased automation of activities will replace some workers and labour earnings, employment and wages will rise in other areas of the labour market due to higher output and productivity, offsetting some of the original £290 billion lost but increasing pay inequality.

(more…)

March 1, 2018

Prospects for UK commercial property continue to improve, claims report

by Mark Eltringham • News, Property

The latest edition of the Investment Property Forum’s (IPF) UK commercial real estate consensus report claims that the commercial property sector’s sentiment for the current year continues to improve. In its latest report, IPF said the “outlook for 2018 has improved over the three months since the last survey” was conducted, with average rental and capital value growth rates increasing in virtually all sectors. It claims that the rental value growth average forecast has risen to 0.8 percent from 0.4 percent three months ago. Also, the average capital value growth rate has now increased to -0.2 percent from -0.7 percent in November with industrial growth now expected to be 4.0 percent from 2.7 percent in the last survey.

(more…)

February 27, 2018

Commercial office market take-up in Birmingham has exceeded one million sq ft

by Sara Bean • Cities, Facilities management, News, Property, Public Sector

City centre take up reached 1,005,000 sq ft in Birmingham last year, 51 percent above the 10-year average of 666,000 sq ft which marked a record year, according to Savills Research. Growth was driven in part by the Government Property Unit (GPU) deal, as public services accounted for 27 percent of take-up in the city centre last year, including the 237,000 sq ft pre-let at Arena Central. Birmingham’s boom was also boasted by take-up from serviced office providers that reached 208,000 sq ft during 2017, the highest level on record and this accounted for 21 percent of the total take-up, more than any other regional city. There now remains a shortage of Prime Grade A space in Birmingham city centre following a number of large lettings. Prime Grade A space now stands at only 169,000 sq ft, enough for only six months of take-up at average levels. Major construction project, Three Snowhill won’t complete until the second quarter of next year, when it will deliver 420,000 sq ft of much needed Grade A office space on its completion. Until then, competition among occupiers will further intensify for Grade A space.

(more…)

February 23, 2018

Diversity shown to help drive business performance but discrimination is still widespread

by Sara Bean • News, Workplace

The economic cost of workplace discrimination to the UK Economy is £127 billion a year, claims new research. Of the £127 billion, £123 billion is due to gender discrimination, £2.6 billion as a result of discrimination against ethnic minorities and £2 billion due to discrimination as a result of sexual orientation. These are the claims of a new report commissioned by INvolve, a membership organisation that champions holistic diversity and inclusion in the workplace, and Cebr, an economics consultancy which analysed over 500 workplaces uncovered a significant positive correlation between diversity and financial performance.

(more…)