Search Results for: office

Office workers have substantially higher rates of obesity than national average

Office workers have substantially higher rates of obesity than national average 0

Office workers have substantially higher rate of obesity than national averageObesity rates among office workers are substantially higher than other workers, a new report claims. Recent figures have revealed that 63 percent (NOO.org) of UK people entered 2017 either overweight or obese; despite around 35 percent holding a new year’s resolution to lose weight last year, The research also claimed that absent rates due to lifestyle related diseases is costing the British economy over £8.2 billion per year. Following this revelation, in correlation with National Obesity Awareness Week, Savoystewart.co.uk looked at which industries are most in danger of putting on weight due to the nature of their career choice. The statistics highlighted that those working in Leisure and Hospitality are the least likely be at threat, with those overweight and obese at 52 percent; 10 percent less than the national obesity average of 62 percent. In contrast, those working in administration are those most at danger, with obesity rates of 77 percent; a substantial 15 percent higher than the national average.

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Getting ahead at work: social class divide, power and office politics

Getting ahead at work: social class divide, power and office politics 0

A new study from the University of Virginia Darden School of Business has found that class-based inequality in the workplace persists not only because of external factors like bias and glass ceilings, but also because of structural factors that discourage people from lower social classes from seeking positions of power in the first place. The paper, co-authored by Peter Belmi of the Darden School of Business and Kristin Laurin of the Stanford Graduate School of Business, claims that most people believe that getting ahead requires a mixture of pro-social behavior – such as being competent, hard-working, and a team player; and political behaviour – such as being outspoken, flattering, and treating others as “resources”. According to the research published in the Journal of Personality and Social Psychology, inequality begins to thrive in the disparity between which groups are actually willing to put both behaviours into practice. Even though everyone derides political angling, it turns out that relatively high-class individuals are still willing to play the game to get ahead. Not so with lower-class individuals.

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Demand for Bristol offices driven by TMT, professional and energy occupiers 0

A rise in the cost of renting commercial property in Bristol is being driven by increased demand from TMT, professional and energy occupiers looking for office space in the city, with take up levels of Bristol city centre offices predicted to reach 800,000 sq ft (74,322 sq m) in 2016. This is 50 percent above the five year average of 533,000 sq ft (49,517 sq m), according to Savills. This influx has resulted in a significant decrease in the supply of city centre Grade A stock, with levels currently at 117,116 sq ft (10,880 sq m). In order to cope with the demand landlords, particularly those with TMT tenants are refurbishing their offices, with the refurbishment/redevelopment pipeline at an estimated 300,000 sq ft (27,871 sq m). Savills notes that as a result of increased demand rental growth has been seen in both Grade A and B stock in Bristol. Refurbished office space is now reaching rents of £27 per sq ft (£291 per sq m) in Grade B stock, just below the headline rent of £28.50 per sq ft (£307 per sq m). It is predicted that in 2017 rents on Grade A space will reach and exceed £30 per sq ft  (£323 per sq m).

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UK digital divide narrows, but major problems remain for homes and offices

UK digital divide narrows, but major problems remain for homes and offices 0

The UK’s patchy and frequently shoddy broadband network has held back the country for a long time. According to a new report from industry regulator Ofcom, however, there are signs of improvement with the number of UK domestic and commercial properties unable to get a decent broadband connection falling by one million over the past year. Even so, around 5 percent of offices and homes are unable to enjoy  broadband speeds over 10 Mbit/s, the speed Ofcom claims is required to meet a typical household’s digital needs.  The findings are part of Ofcom’s Connected Nations 2016 report – an in-depth look at the state of the UK’s telecoms and wireless networks. This year’s report shows good progress on the availability and take-up of communications services, which are crucial to people’s personal and working lives.

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Fifth of employees are negatively affected by political talk in the office

Fifth of employees are negatively affected by political talk in the office 0

Fifth of employees are negatively affected by political talk in the office

It’s been a tumultuous year for political change, and in the UK, none more so than that of whether to stay or leave the European Union. We were still getting over the reactions to Brexit when Donald Trump secured the Presidential election. These events have made political discussions in the workplace near inescapable.  But talking politics with colleagues can lead to all sorts of problems, particularly when there is a disagreement in political points of view. Probably more than any other year, the political results during 2016 have been increasingly divisive, with political discourse raised to an entirely new level of fractiousness and disagreement; leaving employees feeling stressed, more isolated from their colleagues, and less productive as a result. Unsurprisingly then, a survey of 1,000 employees conducted by HR and employment law specialist Peninsula claims that 1 in 5 employees are negatively affected by political talk in the workplace. The survey also discovered that 65 percent of employees avoid talking politics at work and 32 percent of employees reported that workplace hostility has increased because of political discussions at work.

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London office construction increases but pace of new building slowing down

London office construction increases but pace of new building slowing down 0

building-infrastructureCentral London office construction has continued to rise over the past six months, reaching 14.8 million sq ft, and setting a new eight-year development high in the capital. The latest London Office Crane Survey by Deloitte Real Estate has recorded 40 new starts, adding 2.8 million sq ft into the development pipeline. Once again, the greatest number of new starts was in the City. Construction began on 14 new schemes, totalling 1.1 million sq ft, and increases the City’s development pipeline to 8.8 million sq ft. In contrast, the West End and Midtown submarkets have seen construction activity decrease by 25 percent and 20 percent respectively over the past six months. This is largely as a result of a number of projects completing and smaller schemes starting. For the first time, the crane survey also tracks construction activity in three additional locations: Vauxhall-Nine Elms-Battersea, White City and Stratford. These three areas boast 11 office schemes under construction and will deliver 2.9 million sq ft to the market, 65 percent of which is already pre-let.

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

One St Peter's Square ManchesterTake-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.

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The changing workplaces of Australia’s law firms; more in common with hotels than offices

The changing workplaces of Australia’s law firms; more in common with hotels than offices 0

m11795_n10Features such as baristas, sky terraces and fine dining will continue a process of transformation at the workplaces of Australia’s leading law firms over the next few years, claims a study by Melbourne based architecture practice Bates Smart. The report claims that the legal workplaces of today are are already unrecognisable compared to what was considered typical yesterday, having more in common with a five star hotel than a traditional office. Bates Smart predicts an even greater shift towards flexibility, collaboration and hospitality from legal firms in the future with the publication of four key findings in its new whitepaper, The Legal Workplace 2020, The report analyses trends in over 135,000 sq. m. of legal practice workplaces and draws conclusions that are indicative of key trends for law firms and the wider market alike.

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Calming office space and flexible hours best ways to combat workplace stress

Calming office space and flexible hours best ways to combat workplace stress 0

Stress in the workplace

More flexible hours, a more caring attitude from management, a welcoming office design and space away from the desk to take a break are much more effective ways to reduce workplace stress than expensive office overhauls or the provision of mindfulness classes, a new survey claims. A study into the measures that help reduce stress conducted by Cascade HR, explored what workers feel bosses can do to reduce their stress levels, and found that introducing flexible working hours (47 percent), early finishes on Fridays (39 percent) and a caring, friendly management style (38 percent) would have the biggest impact. The research also revealed the physical aspects of the workplace which employees believe employers could change or introduce to improve their occupational mental health. In fact, the workplace being clean and tidy was the factor that workers felt could go the furthest to reducing their stress (35 percent), while almost 1 in 3 felt having music playing would help to keep their stress at bay; as would simply having a space away from desks in which to chill out (29 percent) or to eat (27 percent) during breaks.

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Office occupier take up in Edinburgh grows, despite Brexit pessimism

Office occupier take up in Edinburgh grows, despite Brexit pessimism 0

Quartermile 4 offices in EdinburghContrary to the rather less positive outlook predicted for the whole of Scotland, office occupier take up in Edinburgh is on course to defy gloomy Brexit predictions, following a steady third quarter of 2016, according to new statistics published by JLL. In total, 134,462 sq ft of office space, spanning 44 deals, was transacted in Edinburgh between July and September, only marginally down on the previous quarter. Reflecting the rapid growth of Edinburgh’s booming TMT sector, tech companies have accounted for 30 percent of all Edinburgh office take up so far this year, followed by Professional Services at 21 percent. Total take-up for the year to date (Jan – Sept) reached 570,000 sq ft, just 5 per cent behind the transacted space recorded at the same point in 2015, a year which saw the capital’s highest take up since 2001. Responding to the rise of Edinburgh’s tech sector landlords are carrying out refurbishments aimed at appealing to this upcoming market, including Edinburgh’s largest single office building at One Lochrin Square and Greenside, a refurbishment proposed by the Chris Stewart Group.

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UK Green Building Council’s HQ claims to set new environmental standards in office refurbishment

UK Green Building Council’s HQ claims to set new environmental standards in office refurbishment 0

uk-gbc-hqBy achieving the lowest embodied carbon footprint ever recorded for an office refurbishment in the UK, the new headquarters in Central London for the UK Green Building Council is designed to inspire and encourage employers, landlords and occupiers alike to set the bar high when upgrading their office spaces, according to the organisation. It claims that the project is an exemplar for sustainable office refurbishment and features a range of wellbeing measures. UK-GBC says it hopes that this landmark project will also demonstrate that even a 160m² floorspace can deliver commercial, social and environmental value if each decision is challenged and scrutinised. Wellbeing measures have been incorporated into the design in order to improve staff satisfaction, productivity and overall health and wellness. These measures include: a living wall with over 1,500 plants; an innovative ventilation system, which has delivered a 750 percent increase in background fresh air; an automated low-energy LED lighting system; and products and finishes that minimisepollutants from the air.

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Office space sees dip in demand post-Brexit says RICS

Office space sees dip in demand post-Brexit says RICS 0

Office space demand fallsDemand for office space following the Brexit outcome remains flat according to RICS latest UK Commercial Market Survey 2016; and while the overall UK Commercial property market is showing some signs of a return to a more positive mood post-EU referendum, this has been driven mainly by the industrial sector. London and Scotland are lagging behind the rest of the UK, with Scotland seeing the sharpest drop in headline demand with 24 percent more chartered surveyors seeing a fall during Q3. In the capital, demand fell for the second consecutive quarter with offices seeing the most significant dip (22 percent more respondents reported seeing a fall in demand for London office space). Anecdotal evidence suggests that political uncertainty is still having an effect on both these markets. And the survey also found that respondents from German cities have seen enquiries from UK-based firms and expect there to be an increase in relocation away from Britain over the next two years.

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