Search Results for: income

June 27, 2016

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

by Mark Eltringham • Flexible working, News, Workplace

The 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.

June 24, 2016

Property and workplace experts have their say on the Brexit outcome ⁰

by Mark Eltringham • Architecture, Comment, Facilities management, Property, Workplace, Workplace design

Well, the results are in and the UK’s electorate has voted by a narrow margin for the country to leave the EU. There are likely to be other developments but whatever you make of the UK’s decision to vote to leave the EU – and I think it’s fair to say most independent people think it’s inexplicable – there’s no doubt that it will have a profound impact on the UK’s economy, relationship with the world, culture, working conditions and markets. What it will mean in practice won’t be apparent for months or years, of course, but that hasn’t stopped experts who work in the property, workplace, design, legal, HR and architecture sectors having their say on its potential implications. We’ll look at these specific issues in more detail going forward but for now, here’s a round-up of those we have so far, which we’ll keep updated throughout the day as the dust settles on what will prove to be a momentous decision for the UK, Europe and rest of the world.

June 23, 2016

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

by Mark Eltringham • Legal news, News, Technology

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.

June 15, 2016

Edinburgh most attractive city for commercial property investors outside London ⁰

by Mark Eltringham • Cities, News, Property

Edinburgh is the most attractive British location for commercial property investment outside of London, according to new research by law firm and real estate consultancy Morton Fraser. Research amongst investors by the law firm’s commercial real estate division ranks a list of ten British cities outside of London according to their attractiveness as investment options. Edinburgh, Bristol and Manchester are the most appealing regional locations for investors, based on an indexed score of how many more investors found them attractive propositions compared to those who did not. However, the remaining seven cities did not appeal to the majority of investors, with more rating them an unattractive investment proposition rather than an appealing one. Aberdeen is rated the least attractive location for investors, coming after its energy-dependent economy was hit by falling oil prices, leading to thousands of job losses and the contraction of the oil and gas industry.

June 14, 2016

UK leads the world in serviced offices and demand is set to rise ⁰

by Sara Bean • Facilities management, Flexible working, News, Property

The UK is the leading global serviced office sector, with the largest and most mature market, accounting for over a third (36 percent) of the worldwide serviced office footprint, according to a new report commissioned by serviced office group Office Space in Town. The UK serviced office market has grown by 31 percent since 2008, and it is projected to increase in value significantly by 2025, to £62 billion on conservative projections and £126bn on more optimistic forecasts. There are three key drivers behind its rise: increasing numbers of growth businesses, expansion of key sectors that use serviced offices and the trend towards more flexible working. There are sound economic and business behavioural reasons to believe this growth in demand for serviced offices will continue over the next decade. This, in part, will come from growth in small firms and business start-ups, which comprise a large share of current serviced office users.

June 13, 2016

UK faces digital skills gap … but simply hiring Millennials won’t close it ⁰

by Mark Eltringham • News, Technology, Workplace

Although the UK remains a global tech leader, the country remains in the grip of a digital skills crisis which is holding back productivity and costs around £63 billion each year, according to a report published today by the Commons Science and Technology Committee. The report claims that 12.6 million UK adults lack even basic digital skills, and nearly half of these people (5.8 million) have never even used the internet. Meanwhile, a coincidental report published by Cisco claims that those organisations who apparently assume they can close the gap by merely employing so-called Millennials, will be disappointed because there’s no great correlation between age and confidence in using digital technology. The Digital Culture Clash report found the only meaningful correlations were between the type of work an individual does, their level of employment and their competence and confidence in using technology.

June 2, 2016

People are happy at work but yearn for better tech and a second job ⁰

by Mark Eltringham • Flexible working, News, Technology, Wellbeing

The recent riots across France sparked by mooted reforms to labour laws have been attributed to French workers objecting to the creation of working cultures akin to those in the UK and US. In which case, it would be interesting to see how our Gallic cousins might respond to the findings of a new report from Adobe which suggests that workers in both the UK and US as well as India see technology as the key perk they look for at work and many are perfectly happy to work more than one job and don’t expect long term commitments to (and from) their employers, although many of them also feel defined by what they do for a living and are happy at work. According to The Work in Progress report, a quarter of UK workers already moonlight and over two thirds believe that better technology would be the single most important way of improving their working lives. The same attitudes are also prevalent in responses from workers in both the US and India.

May 31, 2016

Large scale study finds link between mental health and workaholism ⁰

by Mark Eltringham • Flexible working, Knowledge, News, Wellbeing, Workplace, Workplace design

A new large scale study from Norwegian researchers finds that workaholism is closely associated with a range of mental diseases and psychiatric disorders. Although the link has been the subject of speculation and study, the authors claim that the new research is one of the few large scale, academic studies into the subject and so comes up with unequivocal results. The study of 16,426 Norwegian subjects in The Relationships between Workaholism and Symptoms of Psychiatric Disorders found that workaholism is significantly related to psychiatric conditions such as adult ADHD, OCD, clinical anxiety and depression. The web-based survey assessed the mental health and workaholic characteristics of subjects and used statistical analysis to establish a correlation. It concludes that while disorders can be put in part down to demographic and other factors, the ‘correlations between workaholism and all psychiatric disorder symptoms were positive and significant’.

May 5, 2016

The problems that come with London’s success need better solutions ⁰

by Mark Eltringham • Architecture, Cities, Comment

We might all welcome London’s success as a thriving centre of commerce and culture, but this comes at a price and we need to look for a better balance than we currently see between London and the rest of the UK. Of course London is often the main victim of its own success. Its thriving tech and creative firms continue to spill out of the incubator districts created for them to find cheaper and more appropriate spaces in which to grow. In doing so they are pushing up rents in such unlikely nearby places as Croydon. In the traditional business districts in the City and Docklands, the capital’s tech giants are now able to compete for the first time for some of the most expensive real estate on the planet. To cope with demand, the Mayor is rubberstamping tall buildings like never before, many of them bloody awful, unloved by Londoners and heritage organisations alike, transforming the skyline and creating windswept, arid tundra at their feet.

May 5, 2016

Pregnancy and maternity discrimination has risen over the past year ⁰

by Sara Bean • Flexible working, Legal news, News, Workplace

There has been a 25 percent rise in people seeking advice on pregnancy and maternity discrimination over the past year; new figures from Citizens Advice have revealed, and it has growing evidence that pregnant women and new mums have had their working hours cut, been put onto zero-hours contracts, pressured to return to work early from maternity leave and, in extreme cases, have been forced out of their jobs. New figures from the national charity also show there has been a 22 percent increase in people seeking online help, with the charity’s web advice viewed 22,000 times over the last 12 months. Between April 2015 and March 2016 almost 2,000 people turned to Citizens Advice for help with pregnancy and maternity discrimination, up from just over 1,500 in the previous 12 months. In 4 out of 5 cases people were also seeking help with problems at work, a third of which were about redundancy or dismissal.

April 27, 2016

Lack of pay and support prevents ill or injured UK workers taking time off ⁰

by Sara Bean • Legal news, News, Wellbeing, Workplace

More than half of ill or injured property and construction workers still go into work because they can’t afford to take time off, a new survey on 2000 employees within the UK has revealed. The data gathered by First4lawyers on the run up to Brexit on EU employment law and sick pay has revealed how European countries treat their sick or injured workers. The results show that while a UK worker off work for a month would only receive 15 percent of their monthly wage – those in Germany receive 100 percent. This lack of pay forces many UK workers back into the workplace, but nearly three quarters (71 percent) also say they are scared to have time off work because they fear their employers opinion of them; 30 percent say their boss acts different toward them after asking for time off sick, and more than 1 in 3 say their employer does not support them during this time.

April 19, 2016

Three day working week is ideal for the over 40s, claim researchers ⁰

by Mark Eltringham • Flexible working, Knowledge, News, Workplace

A new report from Australian academics suggests that workers aged over 40 perform better and have generally improved wellbeing if they enjoy a three day working week. Called Use It Too Much and Lose It? The Effect of Working Hours on Cognitive Ability, the study of 6,500 men and women was carried out by researchers at the Melbourne Institute of Applied Economics and Social Research at the University of Melbourne. They gauged a range of subjective and objective factors based on data drawn from the Australian government’s Household, Income and Labour Dynamics survey as well as looking at work habits and factors such as type of employment, lifestyle and family. The researchers asked participants in the study to take part in cognitive tests the results of which suggest that the optimum working week is around 25 hours. Conversely the study suggest that the cognitive ability of those working about 60 hours a week can be lower than those who are not employed at all.