Search Results for: opportunities

April 19, 2017

Jobs should be redesigned to improve wellbeing ⁰

by Mark Eltringham • Flexible working, News, Wellbeing, Workplace design

It’s not just the nascent fourth industrial revolution that is challenging our traditional views of work, but also the growing realisation that we could be doing things so much better anyway. The author Douglas Coupland and the World Economic Forum are already holding conversations about the fundamental issues with work and how we go about it. At the heart of this is the very design of jobs and what it means for us and our wellbeing. Only 28 percent of people in the UK are highly satisfied with their jobs, and yet, estimates suggest that an adult in work would spend an average of 57 percent of their waking hours working. A new international study from the University of East Anglia and the What Works Centre for Wellbeing based on a review of 4,000 pieces of research claims to show why organisations often fail to improve staff wellbeing. It suggests that employees should be encouraged to design their own jobs, and find ways to help managers better understand their concerns.

April 18, 2017

Despite Brexit, UK remains most attractive commercial real estate market ⁰

by Neil Franklin • News, Property

The UK remains the preferred region to invest in commercial real estate despite seeing a slight dip in popularity since Brexit, according to the latest BrickVest commercial property investment barometer. In March 2017 nearly one in three (30 percent) selected the UK as their preferred commercial real estate investment location, down slightly from 31 percent in March 2016. BrickVest’s quarterly survey of 3,000 investors found that a quarter (25 percent) of respondents favour Germany as their second location of choice for commercial real estate opportunities, the same as last year. Less than one in five (18 percent) selected the US which represents a fall from 21 percent last year. The same number (18 percent) also selected France although this is an increase from 14 percent in 2016.

April 13, 2017

US millennials hold complex and even traditional attitudes to working families ⁰

by Mark Eltringham • Flexible working, News

A report from the US based Council on Contemporary Families claims that younger millennials have a much more complex and even traditional attitude than recent generations towards issues such as gender roles, workplace equality and working families arrangements. The study has monitored the attitudes of 50,000 18-25 year olds in the US since 1975. The most recent study, based on data from 2014, found that fewer of the current generation in that age category support egalitarian family arrangements than the same group 20 years ago. It suggests that while attitudes became uniformly more egalitarian throughout the 40 year period of the research, a more complex picture has now emerged in which positive attitudes towards traditional gender roles in families seem to be returning to the levels they were at the beginning of the 1980s, even though there is near universal agreement with ideals such as equality in the workplace and parental leave.

April 11, 2017

The world will be completely awash with information by 2025 and firms should adapt soon ⁰

by Mark Eltringham • News, Technology

The amount of data humans and their devices create will rise to 163 zettabytes over the next eight years, according to a new report from data firm Seagate. That is ten times as much as we created last year. As usual, the amount of data described in the report is inconceivable. A linguist called Mark Liberman once estimated that every word ever uttered by human beings would create around 42ZB of stored data. So if I were to make up a fact such as that a printout of 163ZB of data could create a planet the size of Neptune, you’d have to believe it. It’s a lot and it’s rising exponentially, that’s all we need to know. The interesting thing apart from the scale of the storage issue, is that the major source of the increase will be businesses not humans and that by 2025, we will be interacting with an Internet of Things connected device an average of 4,800 times a day.

April 11, 2017

Demand for flexible office space is set to grow in London’s outer boroughs ⁰

by Sara Bean • Facilities management, Flexible working, News, Property

London’s office workers are looking for shorter commutes, demanding more collaborative and networking opportunities while at work and better access to green space, retail, leisure and wellness; all of which could present a huge opportunity for the less congested outer London boroughs, a new report suggests. According to Savills latest London Mixed Use Development Spotlight, as employers and employees alike demand more from their workplace and their work- life balance, London’s outer boroughs could reap the benefits by providing greater flexible office space and affordable homes at a variety of price points. According to Oxford Economics, employment in sectors that tend to occupy co-working spaces is set to rise by 20,000 people in the outer London boroughs over the next five years, which equates to a gross additional need of 1.6 million sq ft (148,644 sq m) of office space.

April 6, 2017

UK productivity is up but the underlying puzzle remains unsolved ⁰

by Mark Eltringham • News, Workplace

The latest productivity data from the Office for National Statistics shows that UK productivity is up, although the accompanying briefing admits that the data ‘provides little sign of an end to the UK’s productivity puzzle’. According to the report, output per hour increased in the final quarter of 2016 at its fastest rate for more than a year. Quarterly growth of 0.4 percent lifted output per hour 1.2 percent higher than a year ago. While the productivity puzzle is a feature of most developed economies, it is particularly intransigent in the UK, which has a significant gap compared to other nations such as Germany, the US and France. This is despite the fact that Britons spend more time working than those in any comparable nation, except the US.

April 4, 2017

Europe’s workers turn to the gig economy ⁰

by Neil Franklin • Flexible working, News

European employees appear ready to embrace the ‘ gig economy ‘, according to research by ADP. The study of nearly 10,000 European working adults claims to reveal how employees across Europe feel about the future of work. As many as 63 percent of UK employees and 68 percent of European employees are interested in, or would consider self-employment or freelancing although the desire for this style of working does vary drastically across regions. According to the report a third (33 percent) of UK employees say work-life balance is a key motivating factor although pay is still the ultimate driver for all European employees.

March 30, 2017

Social technology has the power to make the workplace more humane

by Amanda Sterling • Comment, Technology, Workplace

Social technology can, and should, make the workplace more humane. That’s because it has the potential and ability to shift the power dynamic from the few to the many. It gives more people a voice: one that they’re not afraid to use. You’ve only got to look at the uprisings, and the overthrowing of governments, in Egypt and Tunisia, to see the power of greater connectivity enabled by platforms such as Facebook. What was dubbed the Arab Spring was change on a grand scale. But, as Seth Godin points out in his book Tribes, it’s “tribes, not money, not factories,” that will change the world. The consequences of this are not lost on the people and cultural practices within organisations. The functions of how we recruit, how we learn, and how we communicate are all under pressure to bring greater humanity into the approach.

March 29, 2017

Less rigid flexible working practices tend to produce higher performing staff ⁰

by Sara Bean • Flexible working, News, Workplace

Flexible working can increase employee job satisfaction and organisational commitment, but staff who work flexibly under an ad hoc arrangement appear to perform better than those who go through a more formal process, according to research from Cass Business School and Cranfield School of Management. The research focused on the relationship between flexible working arrangements designed to accommodate employees’ needs (e.g. remote working, flexitime, compressed working) and performance appraisals and considered the indirect effects of employee performance via job satisfaction and organisational commitment. An analysis of whether the associations varied according to whether the flexible working arrangement was set up via a formal policy or informal negotiation between the employee and line manager revealed that employees who established flexible working arrangements through informal discussion with their line manager were judged to perform much better than those who use formal flexible working arrangements.

March 24, 2017

Review advises employers should devise elder care policies as pension age increases ⁰

by Sara Bean • Flexible working, Legal news, News, Wellbeing, Workplace

A review of the state pension age (SPA) led by former Confederation of British Industry (CBI) director general John Cridland has recommended that the State Pension age shouldn’t rise to 68 until between 2037 and 2039 and should not increase more than 1 year in any 10 year period. The report has also advised that all employers should have elder care policies in place which set out a basic care offer and that people should be able to access a mid-life career MOT and review which should be facilitated by employers and by the government using online support and through the National Careers Service. Commenting on the report, which will be considered before any decision is made on changes to the State Pension age timetable after 2028, the Centre for Ageing Better has welcomed its recommendations on wider actions to mitigate the impact of bringing the timetable forward for increases to the State Pension Age.

March 16, 2017

White paper sets out challenges of Brexit for UK’s built environment sector ⁰

by Neil Franklin • News, Property

BSRIA has published a new white paper to explore how issues related to Brexit will impact the UK’s built environment sector. The report highlights the ways in which the industry that supports the built environment has a major impact on the overall UK economy and plays a positive role in supporting the government’s climate change and emissions reduction objectives. According to the white paper, the sector is particularly sensitive to the uncertainties surrounding Brexit because it is technology intensive, requires a highly-skilled workforce, and is very dependent on international trade.

March 14, 2017

Age remains the biggest obstacle to career progression in Europe ⁰

by Neil Franklin • News, Workplace

European employees feel that age is the biggest factor preventing them from progressing in their career, according to research of nearly 10,000 European working adults by ADP. A fifth of employees name age as their biggest obstacle, followed by favouritism (7 percent), lack of opportunities with current employer (7 percent), qualifications (5 percent), and family needs (5 percent). Age is a particularly cited obstacle in the Netherlands (24 percent), Switzerland (21 percent) and the UK (20 percent). This issue increases as workers get older, with 46 percent of over 55s and 27 percent of those aged 45-54 feeling this way. This situation may reflect the increasing generational diversity of the workforce, as five generations of employees will soon be working side by side. Advancing technologies and more significant age differences in the workforce are likely to be isolating older workers, who may feel outdated by a younger, tech-ready generation.