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It’s worth exploring alternative forms of finance for office fit out

Fit-out-1You can’t help but notice that there has been a shift in recent years for us to become the consumers of things we were once obliged or wanted to own. We watch films on Netflix, listen to music on Spotify and share cars with strangers through BlaBlaCar. As both individuals and businesses we rent software rather than own it and in the growth of serviced offices and co-working spaces we see the same forces at work. The attractions of this approach are obvious, not least in keeping down the costs of things we may not want to keep in the long term and leaving ourselves free to make different choices in the light of rapidly changing circumstances. So it’s no surprise that economic uncertainty is just one factor that has driven an increase in asset financing at the same time that we have seen a permanent change in spending patterns.

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Firms not offering staff the technology they need, claims report

Flexible working techMore than half (55 percent) of UK employees believe they do not have access to all the technology needed to do their jobs, according to research by Fujitsu. The study, Digital Inside Out, was based in a survey of just over 1,400 UK based employees and claims to reveal a significant disconnect between the needs of a digital-savvy working population and the digital services UK employers are currently providing. According to the report, 73 percent of UK employees believe that digital is vital to the future success of their organisation. However despite this, only 45 percent of employees feel they are provided with access to the technology services and applications they need to do their job sufficiently and 29 percent state that their ability to do their job is being hindered due to poor digital services. The report argues that the mismatch can be very costly for organisations.

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BREEAM consults on new scheme for refurbishment and fit-out projects

Newham CC new officesA draft of the part of the BREEAM sustainability assessment schemes which deals with refurbishment and fit-Out, has been published for consultation. Launched this week at MIPIM, the consultation will close on 10 April 2015. The draft document can be downloaded from the BREEAM website here. All interested parties, buildings owners and investors, designers, construction industry professionals, BREEAM assessors and other stakeholders are invited to send their comments to breeam@bre.co.uk with the subject: “Comments on draft BREEAM International RFO 2015”. The draft publication of of the scheme comes four months after the launch of the UK Refurbishment and Fit-Out 2014 scheme. BRE claims that this has been adapted for an international market to take account of a range of local and regional standards, conditions and climates.

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Two new reports highlight potential benefits of flexible working for women

flexible working womenTwo new reports published this week highlight the potential benefits of flexible working for both employers and staff, especially women. According to a Workingmums.co.uk Best Practice Report, only 36 percent of employers have a flexible working policy despite over half thinking it improves retention, particularly of women, and over a third saying it makes people more efficient. Meanwhile, a study from the TUC claims that around half of the net growth in female employment in 2014 came from women moving in to lower-paid part-time jobs. The analysis claims that while full-time employment accounted for all of the net growth in male employment last year, for women full-time employment accounted for just 47 per cent of net female jobs growth. The TUC also claims that women who moved into part-time jobs during 2014 were typically employed on much lower rates of pay than those in full-time work.

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Majority of UK workers concerned about their ability to retire

Man-with-empty-pockets-006A new report from the Chartered Institute of Personnel and Development claims that the majority of UK workers are concerned that their current pension arrangements won’t allow them to retire. It found that the average employee pension contribution to a workplace-defined contribution pension scheme is currently 5 percent, but most employees think they should be saving almost double that (9 percent). Four in ten (43 percent) think they should be contributing more than 10 percent of their salary to their retirement savings and almost a quarter (22 percent) admitted they didn’t know how much they should be contributing. The shortfall between what employees are paying in and what they think they should be paying is highlighted by the fact that over half of UK workers have considered how they might work past state pension age and one in ten people (13 percent) are worried that they will never be able to afford to leave paid employment.

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The financial services sector leads the way in how we think about office design

Office design and the cityThe office as we know it may continue to change, but that doesn’t mean its vital role at the heart of the organisation will diminish. The recent downturn meant some tough decisions had to be taken by many companies. It certainly focussed more attention on the way firms design and manage their workplace, based on a clear understanding of their economics. It is one of the most commonly cited truisms about office design that after staff, buildings are easily the second highest item of expenditure for the majority of organisations. The conclusion often drawn from this is that there is a compulsion to reduce space through new working practices or more efficient office design and management. Which may be true but the challenge is to take advantage of these opportunities without adversely affecting the company’s most expensive and valuable asset; its staff.

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Over half of workplace support staff are privy to confidential conversations

Over half of workplace support staff are privy to confidential conversationsFacilities managers often remark that ensuring their staff gain the recognition they deserve for a job well done is much less common than fielding criticism when something in the workplace goes wrong. The fact is that when support staff are doing their work well, they fade into the background. For many office workers, the people who clean the workplace, deliver the mail, keep the building secure and make sure everything in the office is running smoothly; are all but invisible. But, as a new US survey by CareerBuilder suggests – support staff may know more a lot more about the occupants of the workplace than would make those people comfortable. Fifty-three percent of support staff workers have overheard confidential conversations at work, and 11 percent of support staff workers have stumbled upon information that could cause someone to be fired.

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Government makes public sector work more attractive and accessible for SMEs

public sector procurementThe latest changes to public procurement regulations in the UK have now come into force, which the Cabinet Office claims will make it easier for businesses to win government and other public sector contracts. The new regulations have a particular focus on making work more accessible and attractive for small and medium sized enterprises. The key reforms which came into force on the 26 February include the abolition of a pre-qualification stage for procurements below the EU thresholds and a requirement to take account of guidance on qualitative selection issued by the Cabinet Office for above EU threshold; the requirement for contracting authorities to insert provisions in all public contracts to ensure prompt payment through the supply chain; and the requirement to advertise as many public sector opportunities in one place (Contracts Finder), and to publish award notices for contracts and call-offs from framework agreements.

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The pressing need for more women to forge careers in STEM disciplines

????????????????????One of the most pressing economic challenges facing the UK is producing enough qualified professionals in the key science, technology, engineering and maths (STEM) disciplines. And, as a number of new reports make clear, the problem is compounded by the failure of enough women to develop careers in those areas that will define the country’s economic future. It was a point raised in a recent Government report into the UK’s digital future. Writing for the BBC earlier this month Dame Prof Ann Dowling the President of the Royal Academy of Engineering laid out the scale of the problem; by 2022 the UK will need at least 1.82 million new engineering, science and technology professionals. What is also becoming clear is that, while many women are keen to develop STEM careers, they face a series of obstacles at every step.

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Disengaged staff plan to switch employer over the next three months

switch employer

Just under a third of employees are planning to switch employer soon, with Gen Y most likely to leave, finds a new report, “Finders Keepers? Exploring How to Source, Hire and Retain the Best Talent”. The research from recruitment firm Quarsh claims that 10 percent of employees are searching for a new opportunity at the moment, and a further 20 percent will be looking for a new role within the next three months. Because one third (35 percent) of those currently looking expect to still be working for their current employer in 12 months’ time, the report warns that management need to focus not just on hiring, but also employee engagement. The report claims that organisations seeking to engage and retain their current workforce need to focus on offering an ’employment experience’ that stretches beyond the ‘tangible’ elements of the job, such as salary.

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An inconsistent approach to social media can jeopardise your job prospects

With around 260 million worldwide users, of which there are over 13 million in the UK, LinkedIn has become the ‘go to’ site for many job seekers. But, as is the case with social media, use it unwisely and you can jeopardise your chances of career progression. A survey of 2,000 British workers by employment recruiter Randstad found that while three-fifths (61%) of employees tailor their CV when they are applying for a new job, less than one-fifth (19%) amend their LinkedIn profiles to match, and over a third (34%) don’t tailor either their CV or their LinkedIn profiles. The research also highlighted the different tactics used by men and women. While a quarter (26%) of men will tailor their LinkedIn profile when applying for a new job, only 14 percent of women will do so. Far more women tailor their CV only (52%) as opposed to 46 percent of men.

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Government making progress in flexible working and green tech

flexible workingThe Government has published the latest edition of its ‘Greening Government ICT Strategy’ report, which looks at how central public sector bodies in the UK are addressing environmental issues directly associated with hardware as well as related issues such as travelling to work, the use of property, working cultures and the delivery of services. For the first time the report includes details of energy consumption. The main commitments of the strategy are the ongoing shift to cloud based ‘digital by default’ operations and a focus on the flagship the Way We Work (TW3) flexible working programme which aims ‘to ensure that civil servants have the modern tools they need to enable them to work effectively together and with customers. New greener digital technologies and working practices will help do just that.’

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