Search Results for: london

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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Majority of UK workers happy with work life balance, claims report

work life balanceA new report from private bank Investec claims that three quarters of the UK’s professionals working in fields such as law, finance and healthcare are happy with the current balance between their work and personal life. The survey of 2,000 people suggests that just a quarter (25 percent) claim to be unhappy with their work life balance and a third (32 percent) say that their friends and family would describe them as ‘workaholics’. However, a third (33 percent) are also confident of an improvement in their work life balance over the next five years even though the same proportion also claim that the past five years have seen it decline since 2010. Workers in London are most optimistic despite the fact they are most likely to see themselves as workaholics with nearly half (45 percent) feeling optimistic about the future state of their working and personal lives.

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Video and gallery: Google’s new Silicon Valley headquarters

google10cropGoogle may be having second thoughts about the design of its new London offices, but it is rather less reticent about that of its new Silicon Valley headquarters. It plans to transform a 2.5 million square foot site in the Californian city of Mountain View into a home for around 10,000 workers. The pastoral setting has been designed by Thomas Heatherwick and Bjarke Engels and incorporates parkland dotted with glass buildings including some Eden Project like geodesic domes. Unsurprisingly the campus buildings have been designed to achieve a LEED platinum accreditation and cars are largely discouraged from the site. Heatherwick has described the plans as humanistic and the plans include a number of community facilities including a new public safety building, two new parks, an educational science centre and even a residential development on neighbouring land.

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The latest issue of the weekly Insight is now available to view online

Insight_twitter_logo_2In this week’s issue; A new study from IBM challenges some of the most commonly held myths about Generation Y and lays down a few uncomfortable truths for employers; Our regular columnist Simon Heath likes this year’s shortlisted Design Awards entries, but not the way they are described; the Government sets out to define what makes a good public sector property design and management specialist; a call for greater understanding of how more women could develop and stick with STEM careers; some good news about fit notes workplace absence; the Green Building Council challenges developers to take a lead in environmental property; and the latest moves to shift London’s traffic, cyclists and pedestrians to new underground routes. Sign up to for weekly updates via the subscription form in the right hand sidebar and follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

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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Design Museum Awards: the buildings may be accessible, but the language isn’t

UC Innovation CentreOne of the fundamental challenges when asked to offer a critique of something is that you may find that you actually like a great deal of what you are presented with. And this is precisely the challenge offered up by the shortlist for The Designs of the Year awards, organised annually by London’s Design Museum to honour work “that promotes or delivers change, enables access, extends design practice or captures the spirit of the year”. It would be churlish indeed to take issue with projects that seek to address the provision of education in deprived areas; remove pollutants from the air and from the oceans; advance technological solutions to help people with impaired sight or mobility and improve sanitation to eliminate the diarrhoea which kills approximately 1.8 million people annually, primarily children under the age of 5.

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Latest Insight newsletter is now available to view

Insight_twitter_logo_2In this week’s issue; Maciej Markowski says most companies are not like Google, so don’t require a Google-cloned office; and Mark Eltringham explains why Charles Handy was largely correct in his pronouncements on the changing nature of work. Take up of leased office space in London hits its highest level since 2000; the UK workforce sees an increasing pay divide; and with new flexi-rights just weeks away, Acas publishes a new free guide on Shared Parental Leave. The Government publishes the latest edition of its ‘Greening Government ICT Strategy report; and the House of Lords’ report, Make or Break: The UK’s Digital Future, predicts that 35 percent of jobs over the next two decades will be automated. Sign up to the newsletter via the subscription form in the right hand sidebar and follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

£16.5m deal for office development at Moorgate Crossrail station confirmed

New £16.5 deal for office development at Moorgate Crossrail confirmedLand Securities has confirmed it has bought the leasehold to the 1.9 acre site located at the western entrance to the Liverpool Street Crossrail station for £16.5 million. Plans for the site, at 21 Moorfields, EC2, which currently comprises vacated 1970s offices and a Transport for London (TfL) worksite, include two new buildings totalling approximately 500,000 sq ft of predominantly office space, with some retail at ground level and a public realm. The two proposed buildings will provide direct access to the underground and the new Moorgate Crossrail station below – due for completion in 2018. Land Securities entered into a conditional agreement to acquire the site in December 2012 and has since negotiated to own the site on two separate 250 year leases, with TfL having the option of participating in the development.

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Why would you want a Google office when you can create your own?

You don't want a Google office do you?Google has dramatically shaken up the world of the Internet and also changed the face of the traditional office environment forever. Nothing has ever been the same, since the ubiquitous four-colour logo first appeared on the worldwide web. Everything that Google does creates a ripple in the business world. Whether it’s giving employees 20% of their time to focus on their own projects, allowing them to form teams to peruse the idea of their choice or installing slides instead of stairs many are asking “should we also be doing that?” And it’s not surprising. All companies want to be successful and there’s no better success story around than Google. So let’s try and model ourselves on or imitate Google, right? I have lost count of how many times I’ve heard “could we have an office a bit more like Google?”

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Government launches scheme to attract US tech sector to UK

tech sectorThe Government has launched a scheme to attract US tech firms to set up or ramp up their businesses in the UK. The tech sector is already worth around £120 billion to the UK and the Government hopes the HQ-UK programme will offer investors a chance to tap into a well-established pool of talent and a business-friendly and low tax economy. The initiative is a joint venture between Tech City, the Department for Business, Innovation and Skills, and the Department for Culture, Media and Sport. HQ-UK will simplify and quicken processes for visa applications and setting up UK bank accounts. The programme will also highlight the UK’s high skilled tech savvy workforce, the Government’s commitment to the development of programming skills in schools and the second largest labour market in the EU.

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The open plan remains an important office design element

office designFor half a century the default office design model in large parts of the world has been the open plan. Even though that continues to be the case, a growing number of voices are questioning this hegemony and suggesting there may be better ways of designing offices that balance the advantages of the open plan while eliminating or mitigating drawbacks. On the face of it, the case for working in open plan offices is clear cut. Not only are they believed to be more conducive to collaborative work, open plan workstations take up around half the space of cellular offices. As well as taking up less space, a crucial consideration is that fit-out costs are typically around 25 per cent lower, even in eye wateringly expensive commercial property hotspots such as London.

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