Search Results for: office

Commercial property investment in central London hits ten year high, claims report

Commercial property investment in central London hits ten year high, claims report

Commercial property investment in central London has seen its strongest trading in a decade, according to Savills. The real estate adviser claims that over £2.3bn was invested in central London commercial property in July, with total turnover for 2017 to the end of July reaching £11.5bn, a 24 percent increase on the same period last year. July was the strongest month recorded since March 2007 for the City as sales were boosted by the acquisition of 20 Fenchurch Street for almost £1.3bn to a Hong Kong-based property group.

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New data protection legislation will lead to increased demand for specialist staff

New data protection legislation will lead to increased demand for specialist staff

New data protection legislation – due to come into force next year will lead to a boost in recruitment, claims new research from Robert Half UK.  Two-thirds (66 percent) of CIOs say they will hire additional, permanent employees to cope with the introduction of the EU’s General Data Protection Regulation (GDPR). The new data protection legislation will reshape the way organisations approach data privacy, providing the public with more visibility into data breaches. As organisations concentrate on compliance initiatives, demand for permanent project managers (33 percent), business analysts (26 percent) and data protection officers (26 percent) that oversee how data is processed, will increase. A further 64 percent of CIOs will hire temporary or interim staff to ensure they have the highly-skilled talent in place to manage the change in data management and reporting. The type of role that businesses are recruiting for with GDPR will vary according to company size. Overall, 16 percent of SMBs see GDPR as a concern, compared to 12 percent of large business. SMBs are more likely to hire project managers (32 percent) to help with compliance while larger organisations are placing a greater focus on recruiting data protection officers (33 percent).

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Mixed picture for European commercial property markets

Mixed picture for European commercial property markets

Investment in European commercial property fell during the first half of the year, despite the strong performance of key markets such as Germany, claims a new report from Knight Frank. Overall, commercial property investment stood at €43.3 billion for the second quarter of 2017 bringing transaction volumes for the first half of the year amounted to €90.3 billion, an 8 percent decrease year on year. According to the report, Germany has become the leading European investment destination for North American investors and the dominant location for intra-European cross border investment.

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UK workers waste over two hours a day on social media and other distractions

UK workers waste over two hours a day on social media and other distractions

UK workers waste over two hours a day on social media and other distractions

UK workers spend just 3.7 days out of five doing office-related work, a new survey has claimed. According to research by Rebootonline.com – workers spend more than two hours a day procrastinating; including around three hours and five minutes of a working week on social media. In monetary terms this means companies are paying out on average £8,851.14 per employee for this time wasted annually. In the survey of UK office workers, it was discovered that on average, they were spending 122 minutes a day procrastinating; essentially, only working 73 percent of the hours they are employed to do. The annual income for office workers surveyed averaged at £32,782. Taking this into account, workers spend 27 percent of their time not doing the job they have been paid to, with companies paying out £8,851.14 per employee for this time wasted. The use of social media at work during office hours was the most popular form of internet usage; with 38 percent of office employees browsing social media sites more than any other website; with people spending 33 minutes’ daily surfing other websites.

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New eco coworking centre breaks ground in Oxfordshire

New eco coworking centre breaks ground in Oxfordshire

Construction has begun on a new zero carbon business centre at the Elmsbrook development in Bicester, Oxfordshire. PERCH, Elmsbrook is one of two new coworking spaces brought to Bicester by Cherwell District Council (CDC) and is subject to support from European Regional Development Funding. The 1,400 sqm building will span three floors and accommodate up to 125 people. The council claims it will be unique in ‘providing local office space for individuals and small businesses in a highly sustainable building, meeting the standards of the North West Bicester Eco Town’ scheme.

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Employees with higher levels of trust and autonomy at work are more productive

Employees with higher levels of trust and autonomy at work are more productive

Employees who feel trusted by their employer to manage how and when they work for themselves can improve their levels of productivity, a new survey suggests. The research by Peldon Rose claims that UK workers rate feelings of trust and autonomy from employers and colleagues as increasingly important in keeping them productive and happy in the workplace. But the survey also shows that many employers are failing to provide employees with the resources and support they need to manage their workload and keep them motivated. Although the majority of staff (59 percent) say they work most productively in the office, a third (33 percent) wish they were more trusted to manage how and when they work and 42 percent say that their office does not support a culture that allows them to work flexibly. Despite the clear value that staff place on trust and autonomy, employers are overlooking an opportunity to create a confident and self-motivated workforce.

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American workers having to put up with difficult and hostile working environment, claims report

American workers having to put up with difficult and hostile working environment, claims report

The American workplace is physically and emotionally demanding, with workers frequently facing unstable work schedules, unpleasant and potentially hazardous working conditions, and an often hostile working environment, according to a new study. The findings come from research conducted by investigators at the RAND Corporation, Harvard Medical School and UCLA, and are from the American Working Conditions Survey, which claims to be one of the most in-depth surveys ever done to examine conditions in the American workplace. More than one-in-four American workers say they have too little time to do their job, with the complaint being most common among white-collar workers. In addition, workers say the intensity of work frequently spills over into their personal lives, with about one-half of people reporting that they perform some work in their free time in order to meet workplace demands.

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Artificial intelligence to become most important workplace tech trend over next decade

Artificial intelligence to become most important workplace tech trend over next decade

Technology analyst Gartner claims in a new report that artificial intelligence (AI) will become the biggest technology megatrend of the next decade, suggesting that organisations need to focus their main efforts on AI based technology in the short to medium term. The study suggests that ‘digital business execution’ requires more frequent and complex decision making, continuous problem solving and rapid pattern recognition, all of which require workforce digital dexterity. In most organisations, however, responsibility for helping employees develop the desire and ability to exploit a wide range of transformative technologies — highlighted in the Gartner, Inc. Hype Cycle for Digital Workplace, 2017 — does not have to rest with any group or individual.

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Board buy-in is key to closing employment gap for disabled people in workplace

Board buy-in is key to closing employment gap for disabled people in workplace

Get board buy-in is key to improving disabled people's access to work

There continues to be a significant gap between the employment rate of disabled people and the rest of the population; according to the Office for National Statistics, just 49 percent of disabled people of working age are in employment. This is why getting genuine buy-in from the top is key to improving levels of disability disclosure and helping to facilitate requests for workplace adjustments. That was the conclusion of a recent round table hosted by the Recruitment Industry Disability Initiative (RIDI) which also found that while some HR and diversity specialists are sceptical about the level of support available from senior leadership teams, once the topic is brought to the attention of the board, the response is often overwhelmingly positive. Practical ways in which leaders can bolster disability initiatives shared at the event include; identifying disability champions within the business who can communicate their own stories, implementing unconscious bias training, instigating & reverse-mentoring initiatives where senior managers are partnered with disabled colleagues and leading by example by being open about their own disabilities.

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Precarious flexible working lives create toxic relationships between managers and workers, claims study

Precarious flexible working lives create toxic relationships between managers and workers, claims study

Millions of British workers are having their health and home life put at risk and are having to beg for extra work to make ends meet because bosses are not offering them regular work patterns, a new study from Oxford and Cambridge Universities suggests. According to the study, Powerful times: Flexible discipline and schedule gifts at work published in the journal Work, Employment and Society, around 4.6 million people are subject to ‘precarious scheduling’ from employers which means that their hours are so inconsistent and unpredictable that they cannot make plans, leading to stress and problems in their home lives. The researchers said that many workers now find themselves in ‘degrading’ relationships with managers in which they are obliged to constantly ask for more work and changes to allow them to care for children and plan their domestic and recreational lives.
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How workplace design shapes and reflects organisational hierarchies

How workplace design shapes and reflects organisational hierarchies

The roots of the open plan office can be traced back to the 1960s when post-capitalism was beginning to emerge as a political and intellectual movement. The social and political upheaval that followed World War Two and the emphasis on the autonomous, motivated and engaged worker combined to inspire designers and architects to develop a new and more “modern” way of working. A mode of work characterised by an increased emphasis on social relations and flattened hierarchies. The open plan office was heralded as the ‘office of the future’; a progressive, transformative and near utopian design concept which would enable its occupants to thrive and succeed in a more socialist world. Yet the proponents of the open plan do not appear to have been fulfilled in large corporate businesses in the UK. I’d like to suggest that this failure is not a design fault but rather a problem caused by a clash of ideologies. Upon closer inspection, it appears that these larger corporations have not fully been able to shift into the social-democratic model of collaborative, open working styles.

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Millennials less likely to work remotely as they feel prohibited from working flexibly

Millennials less likely to work remotely as they feel prohibited from working flexibly

There is growing sentiment among younger workers that flexible working is less a right – as outlined by the Government in 2014 – and more a ‘selective benefit’ for a choice group of employees. New research by Michael Page claims that two thirds (67 percent) of millennials believe employees with families are more encouraged to work flexibly than their single colleagues, and 6 in 10 (61 percent) feel the same flexible working privilege appears to apply more to senior co-workers, with junior team members more often discouraged from flexible working initiatives. Nearly half (43 percent) say it is a benefit reserved for management and senior leadership only. As a result, more than 8 in 10 (84 percent) office based millennial employees do not work from home in an average working week – with 82 percent of those saying they are not able or allowed to. This is despite the fact that three quarters (76 percent) of UK office workers confirm that their employer offers flexible working options.

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