Search Results for: older

December 6, 2013

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

by Richenda Oldham • Comment, Facilities management, Knowledge, Property

According 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.

November 12, 2013

Leading management bodies launch initiative to help employers value their talent

by Sara Bean • News, Workplace

Measuring the value of an organisation’s talent and its people management practices has remained stubbornly elusive. This has prompted a group of leading professional bodies to join forces to help businesses measure the impact of their people on organisational performance and better equip them to improve workforce skills and productivity. The ultimate goal of the ‘Valuing your Talent’ initiative by the CIPD, the UK Commission for Employment and Skills (UKCES), the Chartered Institute of Management Accountants (CIMA), the Chartered Management Institute (CMI), Investors in People (IIP) and the Royal Society for the Arts (RSA); is to develop an open framework for the measurement of human capital that will make good people management practices more visible, and encourage businesses to invest more strategically in their workforces.

November 12, 2013

UK leads the world in talent, but it needs the right culture in which to thrive

by Philip Ross • Comment, Technology, Workplace, Workplace design

We should never take the UK’s talent base for granted. According to a new report from Deloitte, when it comes to employment levels of people in knowledge based jobs in high skill sectors such as digital media, banking, legal services, software development, telecoms and publishing, London is comfortably the world’s leading city. The study found that London employed 1.5 million people in the 22 sectors surveyed, compared with 1.2 million in New York, 784,000 in Los Angeles, 630,000 in Hong Kong and 425,000 in Boston. The report also predicts that London will enjoy rapid growth in employment levels in these sectors over the next seven years, adding around 100,000 more people and that while a decline in employment is foreseen in financial services, this will be more than offset by strong growth in creative and media businesses.

October 31, 2013

New report identifies the ten key trends set to transform US commercial property

by Mark Eltringham • News, Property

According to a new report from Deloitte, the recent upturn in the US commercial real estate sector is set to continue unabated into next year. Which is great news but according to the property consultancy, the market that emerges from the ashes of the downturn will be very different to the one from which they were formed. Deloitte’s 15^th annual Commercial Real Estate Outlook report has identified what it considers the top ten trends that will reshape the emerging market based on a mixture of original research, subjective insights and the firm’s experience with clients. These trends are dominated by structural and financial issues and the only nods towards external socio-economic factors are mentions for the aging workforce within the market (so much for the transformational potential of GenY) and increases in single family households (can’t see the link with commercial property).

October 14, 2013

More employers than ever introduce some kind of flexible working pattern

by Sara Bean • Flexible working, News, Workplace

Disenchantment with flexible working appears to be ongoing in the tech sector, with a recent report revealing that computing giant HP is following Yahoo’s lead by quietly discouraging staff from working from home. However, more employers than ever are attaching growing importance to making at least some changes to working patterns as a means of managing rising long-term absence levels. In the annual CIPD / Simplyhealth Absence Management, the number of employers introducing small changes, such as later start times, has increased by 20 per cent in the last year alone. Over 70 per cent of organisations report a positive impact on employee motivation and employee engagement, while a further 46 per cent are using flexible working options to support employees with mental health problems. More →

October 8, 2013

UK Green Building Council partners with Ecobuild to agree event programme

by Sara Bean • Environment, Events, Facilities management, News

The UK Green Building Council has entered into a new long-term partnership with Ecobuild, the annual event for sustainable design, construction and the built environment. The agreement means the two organisations will work closely on the programme of events for Ecobuild to promote the business case for a greener and more sustainable built environment. UK-GBC Chief Executive Paul King, who already sits on the Ecobuild Advisory Board, said: “This partnership marks the start of a new and exciting chapter in our close relationship with Ecobuild, an event which has firmly placed sustainable construction on the UK and international agenda over the past ten years.” More →

September 23, 2013

Employee engagement among younger workers is on the increase

by Sara Bean • News, Workplace

A staggering 92 per cent of Generation Y workers believe their role directly contributes to their organisation’s success. According to a poll of 1,120 UK office workers by recruitment solutions provider hyphen, younger workers in the UK feel more empowered and positive than ever about their workplace. Nearly two thirds (62.9%) of those aged 25-34 are proud to work for their current organisation and 81.8 per cent believe their colleagues and managers seek their opinion and listen to their views, up 16 per cent from March 2013. While the attitudes among younger workers are positive, the research suggests that older workers are feeling less optimistic – 15.9 per cent said they were not proud to work in their organisation – up nearly 8 per cent from March 2013. More →

September 19, 2013

Plans for a new high rise office development in City of London unveiled

by Sara Bean • Architecture, News, Property

DBOX for Henderson Global Investors and MAKE

Plans for a new high rise office development in the City of London have been unveiled by Henderson Global Investors. Designed by Make architectural practice, the high buildings at 40 Leadenhall Street, EC3 will vary in height between 7 and 34 office storeys, with two additional basement levels, a roof level plant, and café and restaurant uses at ground floor level. The total size of the building is 910,000 sq ft, split between 890,000 sq ft office and c. 20,000 sq ft retail. A grade II listed building at 19-21 Billiter Street, built in 1865, will be restored and integrated in the proposed scheme, which it is estimated will create 390 construction jobs, with around 7,000 people expected to work in the completed building. More →

August 28, 2013

New guidance for designers on bridging energy performance gap

by Sara Bean • Environment, Facilities management, News, Workplace design

Evaluating operational energy performance of buildings at the design stage

So-called “low energy buildings” are increasingly being found to use more energy than their designers thought they would, with the performance of low energy designs often little better, and sometimes worse, than that of an older building they have replaced, or supplemented. This difference between expected and realised energy performance has come to be known as the “performance gap”. To help address this problem, the Chartered Institution of Building Services Engineers (CIBSE) has just issued new guidance on how to address operational energy use at the design stage. ‘TM54: Evaluating operational energy performance of buildings at the design stage’ is now available from the online CIBSE Knowledge Portal. More →

August 27, 2013

Forget Gen Y – the future workplace is multigenerational

by Mark Eltringham • Comment, Flexible working, Knowledge, Legal news

There is quite possibly more guff talked about the impact of Gen Y on businesses and the workplace than any other management topic. However, it’s not only wrong to characterise the people of Generation Y as some homogeneous blob with stereotyped attitudes that set them apart from the rest of humanity, but also to miss the point that the workplace is and will remain multigenerational. In fact, according to new data from the Department of Work and Pensions, there have never been more over 50s in work in the UK than there are right now. There are 2 million more over-50s in jobs than there were 15 years ago and they will form a third of the workforce by 2020. And they will want their own say on things just as much as the much talked about millennials.

July 30, 2013

Government gets around to tightening energy efficiency standards for buildings

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

The Government has confirmed it’s to strengthen energy efficiency standards for new homes and non-domestic buildings. The toughened up measures announced today in Parliament covering Part L of the Building Regulations will mean a six per cent cut in carbon emissions for new build homes, and a nine per cent cut for non-domestic buildings. According to the government, the small increase in construction costs will be “heavily outweighed” by subsequent energy savings. There have been criticisms however, over the length of time it’s taken for the changes to be announced as a consultation on the proposed changes closed over a year ago. More →