Search Results for: office

Commuting costs the UK £148 billion annually, claims new report

Commuting costs the UK £148 billion annually, claims new report

CommutingIn spite of the growth of flexible working in the UK, commuting to an office each day costs British workers and the national economy some £148 billion annually. That is the key finding of a new report from recruitment firm Randstad. The study claims that an average commute for staff in the UK covers around 22 miles, taking around 43 minutes. The report claims that the time spent commuting continues to increase as people move further away from their main place of work, especially in the South East and North West of England. London workers – unsurprisingly – spend more than anybody else on commuting. There are also major differences across sectors with the workers in financial services, accountancy and IT industries subject to the most costly commutes.

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One third of global workers are finding work-life balance unattainable

One third of global workers are finding work-life balance unattainable

One third of workers worldwide finding it work-life balance unattainableManaging work-life balance has become more difficult for a third of workers over the last five years, with Millennials most affected. After competitive pay and benefits, nearly three quarters of people questioned in a global poll (74%) felt that being able to work flexibly and still be on track for promotion, and working with colleagues who supported flexibly were the most important considerations when choosing a job. In the countries covered in the research from EY, German and Japanese workers find it hardest to create work-life balance. Globally, around half (46%) of managers are working more than 40 hour weeks and four in 10 say their hours have increased over the past five years. Nearly half of Millennials (47%) report an increase in hours compared to 38 percent for Gen X and 28 percent for Boomers.

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National prevention strategy called for to help workers with mental ill health

National prevention strategy called for to help workers with mental ill health

Mental health awareness weekNearly half (46%) of workers struggle to switch off from work, a new survey has revealed. The survey by YouGov of over 2,000 British adults, commissioned by the Mental Health Foundation to mark the beginning of Mental Health Awareness Week (11 – 17 May) reports many people always or often feeling stressed (29%), anxious (24%) and depressed (17%). With the survey showing nearly two thirds of people (65%)  likely to take part in activities that reduce stress, the Mental Health Foundation is calling for a national prevention strategy to reduce the risk of problems and for mindfulness to be more widely practised. Mindfulness Based Cognitive Therapy is recommended by the National Institute of Health and Care Excellence (NICE) and endorsed in the Chief Medical Officer’s Mental Health report, for reducing the risk of depression.

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Does declining productivity spell the end for IT and property directors?

Does declining productivity spell the end for IT and property directors?

property directorsWhen it comes to increasing organisational output, which in turn directly relates to real wage growth and higher living standards, the only determinant is productivity, measured in terms of output per hour worked. This is at the heart of all businesses and is essential for growth. The basic facts on productivity are clear. For over a decade, productivity has been painfully weak across all the major economies. The UK has performed particularly badly, with productivity having declined by 3.7 percent since 2008. A recent OECD report went as far as saying: “weak labour productivity since 2004 has been holding back real wages and well-being. The sustainability of economic expansion and further progress in living standards rest on boosting productivity growth, which is a key challenge for the coming years”.

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How the US judiciary is slashing costs with effective facilities management

How the US judiciary is slashing costs with effective facilities management

Facilities management in legal systemIt’s not just the UK public sector that is looking to achieve major restrictions in its expenditure on property through the use of technology, shared space and more efficient facilities management practices. According to a report from the Judicial Conference of the United States, organisations in the nationwide US judiciary have achieved significant savings with an ‘aggressive space and rent reduction initiative’. The judicial branch across the nation claims to have achieved nearly 30 percent of its target of reducing building space by 3 percent over the next three years. Federal courts are reducing space by ‘closing or downsizing facilities; closing, reducing, or finding different uses for circuit libraries; releasing under-utilised space; and using technology and mobility to share space when possible’.

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Understanding and overcoming the objections to sit stand workstations

Understanding and overcoming the objections to sit stand workstations

OberonWork10In Sweden, sit-stand working is so commonplace that our Nordic colleagues are perplexed by how slow the UK has been to catch up. The expectation of varying working positions throughout the day is so widespread across Scandinavia that over 80 percent of Swedish, Danish, Finnish and Norwegian office workers already use sit stand workstations, and offering employees a height adjustable work station is now mandatory in Denmark. Despite sit-stand working still being in its infancy in the UK, with only 2 percent of knowledge workers having access to height adjustable workstations, there is plenty of compelling evidence, and a groundswell of expert opinion, to suggest that the UK office is going to have to get off its backside pretty soon.

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TfL to occupy first commercial property at International Quarter

TfL to occupy first commercial property at International Quarter

The Transport for London Building at The International Quarter Stratford 3 commercial propertyConstruction is to begin this summer on the first of a number of office buildings planned for the second stage of the International Quarter, a £2.1 billion mixed-use development in Stratford in East London. Transport for London (TfL) has signed a pre-let with Lend Lease and London and Continental Railways (LCR) to occupy all of the space in the 265,000 sq ft commercial property. An estimated 3,000 TfL workers will relocate to the International Quarter’s new offices and, once completed, an estimated 25,000 people will work at and visit the site each day. The developers claim they are in discussions with other tenants about moving to The International Quarter – which, at a total of four million square feet, will be one of the largest new commercial property developments in the capital.

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Election uncertainly blamed for slowdown across the UK construction sector

Election uncertainly blamed for slowdown across the UK construction sector

Election uncertainly leads to slowdown across the UK construction sector The UK construction market experienced a slowdown in April, with output and new orders expanding at the slowest rates since June 2013, according to the latest Markit/CIPS UK Construction survey. Although the growth of commercial work was the least marked since August 2013, many survey respondents suggested that underlying conditions remained favourable, but some clients had delayed decisions ahead of the general election. Looking ahead, confidence regarding the 12-month outlook dipped from the nine-year high seen in March, but remained stronger than its long run average. A number of firms cited optimism that underlying demand would continue to improve, while others suggested that the removal of election related uncertainty would help support new business gains.

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A responsible approach needed for the design and build of London’s towers

A responsible approach needed for the design and build of London’s towers 0

Developers must take a responsible approach to the design and build of London's towersThere are currently over 260 new towers either proposed, approved or under construction in Greater London, a 12 per cent increase on last year. There has been much debate and concern about the impact of the design and build of so many new towers on the capital and in particular the visual impact. The Skyline Campaign was launched last year with signatures from over 80 public figures hoping to halt the ‘destruction’ of London’s skyline. London is a busy city, on a small island with limited space. Towers allow us to create residential and commercial property using a minimal amount of land. However it is vital that new buildings that are tall enough to have a visual impact have the right design, are in the right place, and are built at the right time.

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Rubberstamp for relocation of HSBC headquarters to Birmingham

Rubberstamp for relocation of HSBC headquarters to Birmingham 0

HSBC HeadquartersUnsurprisingly, the high profile relocation of HSBC to a new base in Birmingham has been rubberstamped by the city’s council. Despite HSBC’s recent threat to quit the UK completely, the planning committee has confirmed that the move, first announced in March, will go ahead as planned. The new 210,000 sq. ft. landmark building at the 2 Arena Central mixed use scheme has been designed by Ken Shuttleworth for handover to HSBC in 2017. The move to Birmingham has been largely attributed to the bank’s reaction to the financial crisis and the subsequent climate of legislative reform and public criticism. HSBC has longstanding links with the West Midlands and The Birmingham Post reported recently that it may resurrect the name Midland Bank as it relocates 1,000 staff to the UK’s heartland.

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RICS reports surge in investment and demand for commercial property

RICS reports surge in investment and demand for commercial property 0

commercial propertyDemand for commercial property in the UK is growing close to its fastest pace since 1998. The latest RICS UK commercial market survey shows that there was a surge in investment and tenant demand in the first quarter of this year, which suggests stronger economic growth over the remainder of 2015. The UK had its 10th consecutive quarterly acceleration of demand, with 46 percent of respondents reporting greater interest. However, the availability of commercial property declined, with 38 percent of RICS’ surveyors seeing fewer properties on the market, the impact of which is higher rents. This is particularly apparent across the industrial and office sectors. Looking ahead, respondents expect the office sector to perform most strongly; with London leading the way, despite some concerns over the valuation of prime property in the capital.

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Why it’s time for more companies to roll the dice for gamification

Why it’s time for more companies to roll the dice for gamification 0

gamificationAs was reported recently, gamification remains practically unknown to many managers yet companies like Nike, Microsoft, Samsung and eBay are beginning to see it as a useful tool. Generally adopted by marketing and sales professionals, gamification can also influence behaviour, increase productivity and improve wellbeing. Gamification is all around us, even if we don’t always notice it. It’s used in sales competitions, frequent flyer programmes and marketing initiatives. So what is gamification? In short it’s the concept of applying game mechanics and game design techniques in order to engage and motivate people to achieve their goals. It’s about turning something potentially mundane into a game – similar to many ingenious mothers who might turn cleaning a room or washing dishes into a game for their children.

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