Search Results for: national insurance

March 22, 2017

Employers in industries reliant on overseas workers will be hardest hit by Brexit ⁰

Accommodation and food services, manufacturing, and transport industries will be hardest hit by limits on movement of EU and non-EU workers following Brexit, a new report has claimed. The latest edition of Mercer’s Workforce Monitor has highlighted how reliant certain sectors of the UK economy have become on EU-born and non-EU born workers, as respectively, 33 percent, 23 percent and 20 percent of accommodation and food services, manufacturing, and transport are made up of non-UK-born nationals, meaning companies in those sectors, and those reliant on them, are especially at risk from the changes in the UK’s migration policy. According to Gary Simmons, Partner at Mercer, “Since 2013, the UK-born workforce has been declining as people retire and we can see how reliant certain industries are on overseas workers filling the gaps. The UK is likely to impose more stringent migration controls in the future and this will reduce the number of overseas workers available.”

January 12, 2017

New report highlights potential of technology to wipe out jobs and businesses ⁰

by Mark Eltringham • News

Unregulated technological progress is one of the greatest threats to global prosperity, peace and stability, claims a new report from the World Economic Forum. The WEF’s Global Risks Report, published before 3,000 business leaders and politicians gather for its annual conference in Davos, claims that regulation is trailing far behind technological innovation and that without action, it could lead to the destruction of untold jobs and businesses and catalyse major social upheaval. Economic inequality, societal polarisation and intensifying environmental dangers are the top three trends that will shape global developments over the next 10 years, the World Economic Forum’s Global Risks Report 2017 claims. The report says that collaborative action by world leaders will be urgently needed to avert further hardship and volatility in the coming decade.

November 15, 2016

Increased take-up of office space in Manchester as Brexit influences investors ⁰

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

Take-up of prime office space in central Manchester is on course to hit 1 million sq ft in 2016 and could be influenced by the impact of Brexit. The latest research by Colliers International suggests that overseas investors retained an interest in prime Manchester office space partly because of the devaluation of sterling following the Referendum vote for the UK to leave the EU – as proven by the recent £164m acquisition of the 288,000 sq ft One St Peter’s Square by global real estate investor Deka Immobilien. There have been a series of other major deals, including an insurance firm taking 165,000 sq ft of Grade A office scheme, a global law firm moving its global centre into an 80,848 sq ft development; and a government department negotiating a 60,000 sq ft deal. The legal sector accounted for almost 25 percent of total office take-up so far in 2016, followed by media and technology (16 percent) and business services (15 percent). However, all this activity may result in a lack of ready to occupy space in the city by early 2017.

November 3, 2016

Quarter of staff off work with stress hide truth from employers ⁰

by Sara Bean • News, Wellbeing, Workplace

A startling number of people in the UK who are suffering from stress hide from their employers, according to new research from Aviva to mark National Stress Awareness Day. A quarter of people (25 percent) surveyed admitted taking a day off work with stress but then blamed it on a physical illness. Based on the current number of people working in the UK, it indicates that almost eight million people are suffering in silence. The data also suggests that a third of people (33 percent) have taken a day off work with stress at some stage in their career. 25-34 year olds were the most likely to have taken time off (46 percent) with those aged over 55 seemingly the least likely to need time away from work (25 percent). More than half of men (53 percent) who had taken a day off work with stress at some stage in their career said they had done so in the last year, compared to just a third of women (34 percent).

September 27, 2016

CEOs remain confident post Brexit but may consider relocating offices out of UK ⁰

by Mark Eltringham • News, Property

Despite largely voting to remain in the EU, the Brexit vote hasn’t dampened the short or long term confidence of UK CEOs. It has however raised a question mark over the UK’s ability to do business and, as a result, many are putting together contingencies including the possible relocating offices or operations, according to KPMG’s first ‘100 UK CEOs’ survey. The survey of CEOs from companies with revenues ranged between £100 million and £1bn found that, both in the short term (the next year) and the medium term (the next three years), the majority are confident about the future growth of the country, the global economy and their own businesses. However, over half believe the UK’s ability to do effective business will be hindered after leaving the EU. The majority of CEOs felt that a division in society between ‘big business’ and the general public contributed to the EU referendum result, including over a third who believed this ‘to a great extent’.

August 30, 2016

Only 7 percent of workers say they’re most productive working in an office ⁰

by Mark Eltringham • Flexible working, News, Wellbeing

Fewer interruptions from colleagues, fewer distractions make home the preferred place for maximum productivity, claims a new study from recruitment consultancy FlexJobs. The survey of more than 3,000 respondents interested in work flexibility claims that only 7 percent of workers say the office and traditional work hours form the best time and place for optimum productivity. More than half (51 percent) of people reported that their home is their preferred place to work. Eight percent said they would choose a coffee shop, coworking space, library, or other place besides the office and another eight percent would choose the office but only outside regular hours. 26 percent go to the office during regular hours to complete important work only because it’s not an option to go elsewhere. According to the survey, around two-thirds (65 percent) of workers think they would be more productive working from home than working in a traditional workplace.

August 4, 2016

Employers doing little to alleviate employees’ job fears over Brexit ⁰

by Sara Bean • News, Wellbeing, Workplace

A majority of employers won’t delay hiring for roles (54 percent) due to Brexit, yet nearly half (48 percent) of jobseekers are concerned about finding a job post the Referendum, new research claims. The survey of both employers and candidates conducted by totaljobs following the EU Referendum, reveals that 44 percent of all candidates believe there will be more competition for jobs following the Brexit vote, while 28 percent say that Brexit has already had an impact on their job search. Nearly a fifth (19 percent) have become less selective about the jobs they apply for, compared with 16 percent who are now more selective. Of those currently employed, 34 percent are worried about their job security as a result of Brexit, whilst half (52 percent) are not concerned. Unfortunately, many employers have not yet taken steps to ease employees’ concerns, as almost three-quarters (72 percent) of employees say they have not been spoken to by their employer about the impact of Brexit.

December 8, 2015

Six human resources costs you might avoid by choosing the right office ⁰

by Darren Bilsborough • Comment, Property, Workplace, Workplace design

According to a report from Colliers International, the majority of commercial office space in Australia and New Zealand is occupied by government departments and firms working in the business services, finance and insurance sectors. Other than government and the Not for Profit (NFP) sector, a prime motivation for every CEO, business owner and manager is the search for increased profitability. In most instances, a business has three pathways to increasing profitability. The first is through increasing turnover or sales (assuming the cost base remains equitable), the second is through reducing costs, and the third is by improving productivity. I have previously written quite a lot about the relationship between office space and productivity increases, but this article will explore one of the most insidious elements associated with any businesses cost base (including government) and that is staff turnover.

December 2, 2015

Too much focus on standing in the sit-stand debate say ergonomics experts ⁰

by Sara Bean • Facilities management, Furniture, News, Wellbeing, Workplace

Campaigners have been keen to promote the health benefits of adjustable or sit-stand workstations. However, according to the latest advice from the experts at the Ergonomics Program at Colorado State University’s Office of Risk Management and Insurance, too much focus has been placed on standing more and sitting less, when the mixture of the two postures is most important. Although sitting for too long can have detrimental effects on the body, standing for too long has its own set of detriments such as pooling of blood in the feet, increased back pain, varicose veins and even an increased risk of atherosclerosis (i.e. hardening and narrowing of the arteries). At the recent U.S. National Ergonomics Conference and Exposition, Dr. Joan Vernikos, former director of life sciences at NASA, simply said to stand up often. “Standing up often, at least 30 times a day, is a powerful antidote to sitting,” she said.

January 26, 2015

Messy offices really are far less productive than those with clear desk policies

by Sara Bean • Comment, Facilities management, News

I used to have a boss whose solution to dealing with all his paper-based correspondence was to simply let the detritus build up. When he couldn’t see his desk any more, he would draw his hand across the desk and dump the whole lot into the bin. Invariably he’d miss something important and would often have to search the bin to find an important letter, invoice or memo. I had another boss who ate so much food over her keyboard that it had to be taken away and cleaned – a disgusting job, according to my colleagues in IT. So despite reading with some cynicism that a cleaning company has published new research which proves offices that cut corners on cleaning, or allow employees to work in messy, disorganised surroundings, are far less productive than clean, well-ordered offices; I must agree it shows the benefits of a clear desk policy .

January 2, 2015

CIPD claims 2015 should be a ‘rollover year’ for workplace productivity

by Mark Eltringham • News

The UK labour market will continue to expand at a strong rate in 2015 but there are unresolved issues relating to levels of pay and how best to increase workplace productivity to drive further growth, according to Mark Beatson, chief economist for the Chartered Institute of Personnel and Development (CIPD) in a new report. While the report argues that the ongoing economic recovery and improvements in the labour market are good news for jobseekers and good news for businesses, it also considers it unlikely that we’ll see any real increase in wage growth until 2016. The author also warns that the UK’s steady growth remains vulnerable to developments in Europe and that the UK’s ‘workplace productivity puzzle’ is an urgent issue for policy makers and businesses to address in order to sustain growth.

December 16, 2014

Central London office take-up hits highest level since 2010

by Sara Bean • Facilities management, News, Property

Take-up in the central London office market is expected to hit its highest level since 2010, bolstered by a massive increase in demand among firms in the Professional and the tech, creative and new media sectors. These sectors are forecast to employ a further 110,000 people across Westminster, the City of London, Southwark and Tower Hamlets in the next decade, which is expected to further increase demand. According to DTZ’s latest Central London Offices Update overall office take-up is expected to reach 14.5m sq ft in 2014; up by 30 per cent on the five year average and at the highest level recorded since 2010. However , availability has continued to fall, with just 9.5m sq ft of office space currently remaining – the lowest level since 2001. This restricted availability is leading to a higher level of competition for space which is driving up rents. More →