Search Results for: national insurance

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

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

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’.

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

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

flexible workingFewer 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.

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Employers doing little to alleviate employees’ job fears over Brexit

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

Brexit job fears

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.

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

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

1573_24-04-2015_8503According 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.

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

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

sit-stand-workstations-230X200Campaigners 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.

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

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

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

workplace productivityThe 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.

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Central London office take-up hits highest level since 2010

Office take-up in central London expected to hit highest level 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 →

Flexible work arrangements are leading component of wellness policies globally

Flexible working policies leading component of wellness policies globallyIn the midst of the August summer holidays; it’s now more than ever that flexible working policies can benefit both employees and employers, so that those who need to get stuff done can get on with it without having to sit in a near empty office for form’s sake. So it comes as little surprise that in a new global survey, polices related to flexible work arrangements and paid time off rank as the number one component of wellness programs globally. According to “Working Well: A Global Survey of Health Promotion and Workplace Wellness Strategies,” the concept of wellness at work has evolved over the last seven years, moving from a focus on basic health promotion activities to a culture where seventy-eight per cent of the world’s employers are strongly committed to creating a workplace culture of health, to boost individual engagement and organizational performance. More →

Largest single office floor plate unveiled in Leeds as demand for space increases

No 1 Whiteall RiversideThe largest single office floor plate currently available in Leeds city centre has been unveiled, following the completion of a £1million refurbishment programme at one of the city’s landmark office schemes. The NFU Mutual insurance firm, which owns No 1 Whitehall Riverside, has refurbished 34,000 sq ft of space within the building to transform the 4th and 5th floors. In a first for the Leeds office market, 100 per cent LED lighting has been installed on both floors, to provide low maintenance, good quality lighting which will reduce CO2 emissions for future occupiers. Joint letting agents Jones Lang LaSalle and DTZ say that the building, which provides 127,731 sq ft of office accommodation over eight floors, helps to meet increasing demand for quality office space in the centre of Leeds. More →

Advice to Government to stick to carbon reduction budget welcomed by UK-GBC

Advice to Government to stick to carbon reduction budget welcomed by UK-GBCThe Coalition must stick to agreed targets to dramatically reduce carbon dioxide emissions, the government has been told. The Committee on Climate Change (CCC), the statutory body set up to advise the government on meeting long-term carbon goals says there has been no change in the circumstances upon which the fourth carbon budget (2023 – 2027) was originally set in 2011 that would justify lowering current proposed levels of emissions cuts. Responding to Chancellor George Osborne’s request to review the carbon budget, the committee said if anything, changed circumstances point towards a tightening of the budget. Its findings were backed by the UK Green Building Council, which says that the construction and property sector has been plagued by Minister’s shifts in energy management policies.

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Don’t be caught by surprise by the hidden costs of commercial property

 

let-signAccording to Colliers International’s recent Global Investor Sentiment Report, 2014 will see an increase in commercial property investor confidence, with 74 per cent of UK based investors saying they were more likely to risk investing across all property sectors, although offices remain the most popular category to invest in. Yet despite this vote of confidence, it seems strange to report that the real costs involved in property acquisition and maintenance, are frequently overlooked by the purchasers. It appears that businesses often have a patchy knowledge of the range of costs involved in owning or leasing commercial real estate, which is surprising when you consider that a company’s biggest single investment next to its workforce is commercial property.

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