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British Property Federation urges government to create coherent proptech strategy

British Property Federation urges government to create coherent proptech strategy

The UK is well placed to capture the lead as a global hub for real estate technology and innovation a report from the British Property Federation claims. But the country needs to develop a joined-up proptech strategy and roadmap to remain competitive globally, according to the report published jointly by the British Property Federation and Liquid Real Estate Innovation. The LIQUID Report: Leading the Digital Transformation of Global Real Estate claims that the UK is already a leader in terms of its capacity for innovation, data infrastructure, market transparency and quality of education, but falls behind other countries in terms of venture capital investment and technology infrastructure.

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Filtering out the noise, the pathology of work, busy doin muffin and some other stuff

Filtering out the noise, the pathology of work, busy doin muffin and some other stuff

We might think that an inability to absorb the vast amount of information generated by our fellow humans and their machines is something of a modern phenomenon, but we’ve always known we can have too much of this particular good thing. Distringit librorum multitude, wrote Seneca in the First Century. An abundance of books is a distraction.

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Overworking staff hurts productivity, says TUC on ‘work your proper hours day’

Overworking staff hurts productivity, says TUC on ‘work your proper hours day’

Overworking staff hurts productivity, says TUC on 'work your proper hours day'

Today is the TUC’s 15th annual Work Your Proper Hours Day, marking the fact that, according to the union, the average person doing unpaid overtime has effectively worked the year so far for free. A new analysis of official statistics published today by the TUC argues that UK companies claimed £32.7 billion of free labour last year because of workers’ doing unpaid overtime with more than 5 million people putting in an average of 7.5 hours a week in unpaid overtime during 2018. TUC General Secretary Frances O’Grady said: “It’s not okay for bosses to steal their workers’ time. L More →

Businesses pledge to work towards mandatory ethnicity pay gap reporting

Businesses pledge to work towards mandatory ethnicity pay gap reporting

Businesses pledge to work towards mandatory ethnicity pay gap reportingThe government is being encouraged to implement mandatory ethnicity pay gap reporting when it announces the outcome of its ‘Ethnicity pay reporting’ consultation, which closed in January. Pre-empting that, fifteen companies have signed a commitment today to work towards mandatory ethnicity pay gap reporting. Signatories include the Bank of England, Deloitte, KPMG, WPP, Santander and EY. The commitment, driven by membership organisation INvolve, aims to get more businesses voluntarily reporting on their ethnicity pay gap. In 2018 The Resolution Foundation estimated the ethnicity pay gap at £3.2bn. A report from INvolve also showed that white people earn on average between £67 and £209 more per week compared to similarly qualified individuals of a different ethnic background, and that the most ethnically diverse workplaces are 35 percentage points more likely to financially outperform industry averages. 

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Larger organisations will become main adopters of flexible workspace this year

Larger organisations will become main adopters of flexible workspace this year

Corporations are this year set to become the driving force within the flexible workspace industry as the way they view their office portfolios continues to change, according to research by Instant Offices. The flexible workspace sector has ridden the crest of a wave for the past five years with global demand increasing by 50 percent and more market supply of flex space than ever before. Instant now estimates the global market to incorporate 32,000+ centres, which represents 521 m sq. ft. This is an increase of 15 percent year on year since 2013.

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Men are less likely to be stressed by long hours at work, research suggests

Men are less likely to be stressed by long hours at work, research suggests

Men who work long hours are less likely to become depressed than women who have similarly time consuming roles, a study from researchers at University College London and Queen Mary University has found. The study of more than 20,000 adults published in the Journal of Epidemiology and Community Health, found that women who worked 55 hours or more a week had 7.3 per cent more depressive symptoms than those on a standard 35-40 hour week. No significant link was found for men working the same hours.

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The biggest problem for city centres is a lack of high skilled jobs

The biggest problem for city centres is a lack of high skilled jobs

The Centre for Cities, in partnership with George Capital, has mapped the UK cities with the strongest city centre economies in the UK, and identified their common features. The report City Centres: Past, Present and Future found that focusing on the struggles of certain high streets ignores the success of well-performing city centres and misdiagnoses the core problem: insufficient footfall in city centres due to a lack of jobs.

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Employees put off seeking medical advice due to worries over missing work

Employees put off seeking medical advice due to worries over missing work

Although the majority (85 percent) of all business decision-makers agree that workplace health is a top priority, employees still aren’t being as open as they should, often playing down their illness or injury (32 percent) or feeling too busy to miss office hours (27 percent), a new survey by Bupa and Babylon Health has claimed. Worry over missing work is a key driver in avoiding appointments as seven in 10 employees (70%) have delayed or put off seeking medical advice when they should, despite the majority of business leaders having no issue with colleagues taking time off to deal with health issues. Men, young workers (18-34), Londoners and those employed in SMEs are all more likely than average to delay or put off seeking help. The data also shows that those in manual roles (vs. clerical) are more likely to shrug off illness or injury. Mark Allan, Commercial Director, Bupa UK, said: “As much as those in decision-making positions really want their employees to put their health first, they’re competing against a strong resistance from those who will strive to soldier on. This is particularly the case with those employees in SME businesses, amongst others.”

Employers have a poor understanding of what actually motivates their employees

Employers have a poor understanding of what actually motivates their employees

Almost half of companies (45 percent) still believe that an attractive salary and package is what motivates their workforce, despite the fact that employees cite ‘soft benefits’ such a flexi-working, work-life balance, and ‘being valued’ as key to feeling fulfilled in their job role. The findings come from recent research ‘Meeting demands through the job offering’, by recruiter Robert Walters and job board CV-Library that highlight the disparity between what employees want and what companies are offering to staff. While 60 percent of professionals’ state career development as an important part of a job offering, less than 10 percent of companies believe that a lack of career progression and development would be a key reason for losing talent. The report also found that although companies claim that ‘staff being stuck in their ways’ is the main reason behind the lack of quality applicants, over 40 percent of professionals state that they would be willing to take up a role in another field where skills would be transferable, or work in a new sector to broaden their skills.

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Cold noses and warm design; a review of the Stockholm Furniture Fair

Cold noses and warm design; a review of the Stockholm Furniture Fair

The scene was set when, on the final approach to Stockholm, the Captain announced that the city was ‘enjoying’ heavy snow and a temperature of minus 15 degrees C. Can the fair organisers be persuaded to move future events to balmy June? Probably not. But of course, everything works perfectly despite the weather, and interiors everywhere are beautifully warm.

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Gendered label of maternity leave may contribute to parental earnings gap

Gendered label of maternity leave may contribute to parental earnings gap

Gendered title of maternity leave contributes to male & female pay gapIt’s been argued that one of the main drivers behind the gender pay gap and inequality in the workplace is when it comes to having children. Now new research from Money Guru has revealed that 70 percent of UK employers believe that women should declare their pregnancy during the recruitment process with one in seven (14 percent) of employers admitting to being reluctant to hire someone who may go on to have children. Studies show that 39 percent of young mothers have been illegally asked in job interviews about how being a mother would affect their ability to work.

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Landlords must respond in new ways to the changing world of work

Landlords must respond in new ways to the changing world of work

Hammocks, remote working, hot-desking. Contrary to common belief, these aren’t the only conversations landlords are having with designers on how to approach their workspaces for today’s tenants. Rising property values, the growth of flexible offices and political uncertainty have forced landlords to change the way they market their properties to respond to the demands of occupiers. And with no sign of London’s commercial office marketplace calming in the near future, the need for landlords to remain flexible and create channels of communication with their tenants, remains strong. More →