Search Results for: pay ratio

Understanding how to project financials for a startup business

Understanding how to project financials for a startup business

Launching a startup can be an exciting endeavor that requires thorough planning and preparation. One of the most essential and challenging aspects of planning a startup is projecting the financials. To make credible financial forecasts, it is crucial to have a solid understanding of the fundamental aspects of projecting financials. In this article, we delve into the art of projecting financials for a startup business. (more…)

Workplace and property firms must wake up to the new era of networked businesses

Workplace and property firms must wake up to the new era of networked businesses

the networked workplaceWhile millions of words have been dedicated to the expected changes in post-Covid workstyles – how will people work, where will they work, how will they be supported – very little has been said about their employers: companies and corporations. Yet the anticipated changes to work and the workplace raise questions about the role of the company. Is it one just half of a transaction between employer and employee? Or is it something more? Indeed, what is the role of the company in the modern economy? Is the nature of the company likely to change? The answers could have a greater impact on workstyles than the pandemic. (more…)

Curtail zero hour contracts and give workers guaranteed work hours, say researchers

Curtail zero hour contracts and give workers guaranteed work hours, say researchers

the increase of zero hours contracts over the last 20 years has created significant risk for workersAn evidence review led by the University of Warwick has concluded that the increase of zero hours contracts over the last 20 years has created significant risk for workers. They found that unreliable work can result in a sudden loss of hours and earnings, and an inability to access legal advice for unfair or potentially unlawful employment practices. Along with colleagues from the ReWAGE expert advisory group, academics at the Institute of Employment Research at the University of Warwick examined the legal and workplace practices associated with zero hour contracts, along with data covering flexibility, pay insecurity, workers ability to assert their rights and workers health and wellbeing. (more…)

Demand for sustainable buildings and tight regulations drive business case for investment

Demand for sustainable buildings and tight regulations drive business case for investment

The current economic environment is creating challenges for investors and occupiers to make the case for investing in retrofitting and futureproofing their real estate. JLL’s new The Commercial Case for Making Buildings More Sustainable report outlines three key factors that should be prioritized in occupiers’ and owners’ decision-making to create a more resilient and sustainable built environment. (more…)

More than a third of working parents thinking about quitting jobs

More than a third of working parents thinking about quitting jobs

A new survey reveals that a significant number of working parents are finding it so difficult to juggle home and work responsibilities that they have considered leaving their jobA new survey claims that a significant number of working parents are finding it so difficult to juggle home and work responsibilities that they have considered leaving their job. The OnePoll survey [registration] of 2,000 working parents with children aged 18 or under commissioned by REC Parenting, an online platform offering support to parents and carers, revealed that many working parents are at breaking point. (more…)

If you want people to feel fulfilled at work, you’d better cough up

If you want people to feel fulfilled at work, you’d better cough up

According to a new poll from United Culture, salary is what makes most people feel fulfilled at workAccording to a new poll from United Culture, salary is what makes most people feel fulfilled at work. More than half of employees (55 percent) ranked it as their key consideration, ahead of ‘softer’ factors such as doing something worthwhile (41 percent), or working with people they like (39 percent). It also ranks significantly higher than opportunities that will play out over the longer term, such as having a clear sense of career progression (37 percent). (more…)

Appetite for hybrid working shows no sign of letting up at large firms

Appetite for hybrid working shows no sign of letting up at large firms

companies have been posting hybrid working related roles in record numbers, according to a new report from GlobalDataThe ongoing advancements in technology have made remote collaboration more feasible and seamless than ever before. Collaboration tools have become essential in ensuring the coexistence of the digital and physical workplace, both internally with employees and externally with clients. And in 2023, companies have been posting hybrid working related roles in record numbers, according to a new report from GlobalData. (more…)

Republished: The brain-dead megaphone of work

Republished: The brain-dead megaphone of work

There is nothing new about any of this. And yet it’s all new. I’ve spent months talking to people who really know their stuff about work and workplaces and underlying nearly all of those conversations is the following paradox. They know about flexible working, the under-utilisation of space, the twenty minute neighbourhood, the work ecosystem, universal basic income, the digital workspace, the office as club, all the rest of it. Heard it all before, often many times, over many years. Some of them have been living it too, and yet… (more…)

No one shouted stop, although we all should have seen it coming

No one shouted stop, although we all should have seen it coming

And No One Shouted Stop! seems to me to be an apt phrase to capture these post- pandemic times as we grapple with work and workplace dilemmas. It comes from the little-known but widely acclaimed book of the same name by John Healy. It is set over 50 years ago and it chronicles the decline of an Irish town. The book’s underlying narrative is a train crash happening in slow motion, people see it coming but nobody feels able to stop it. I sincerely hope that this will not prove to be the case for the world of commercial real estate as it grapples with hordes of tenants asking not just ‘where is my office?’ But ‘why do I need an office?’ (more…)

The challenge for fit-out firms is to deliver best value despite supply chain challenges

The challenge for fit-out firms is to deliver best value despite supply chain challenges

Whilst industry supply and demand dynamics may have found a level of equilibrium since the pandemic, geopolitical tensions, economic disruptions, and an unstable domestic policy environment continue to have an impact on the office fit-out marketThe past year has been a challenging one for London’s commercial fit-out market. Whilst industry supply and demand dynamics may have found a level of equilibrium since the pandemic, geopolitical tensions, economic disruptions, and an unstable domestic policy environment continue to have an impact. In tandem with this, the commercial fit-out market is adapting to changing needs; from accommodating hybrid working models to growing demands for sustainability and reuse, the workplaces of today are ever changing. (more…)

A Newtonian perspective on reason, productivity and creativity

A Newtonian perspective on reason, productivity and creativity

On the doorstep of the British Library, you will find Edouardo Paolozzi’s imposing statue of Sir Isaac Newton. At first glance, this position seems to make perfect sense. Where better for a monument to the Enlightenment’s poster boy than raised on a plinth at the entrance to the world’s second largest library? And yet, there’s more going on here than is evident at first glance. (more…)

People from ‘Gen Z’ expect to change career at least three times during their working lives

People from ‘Gen Z’ expect to change career at least three times during their working lives

While 73 percent of people from 'Gen Z' are willing to take a pay cut to pursue more fulfilling opportunities, two thirds of Gen Zs plan to quit their current job by 2025While 73 percent of people from ‘Gen Z’ are willing to take a pay cut to pursue more fulfilling opportunities, two thirds of them plan to quit their current job by 2025, according to a new poll. Perceptions on careers and how often employees need to reskill and alter their career route has evolved significantly for the newest generation of workers, reveals the national survey of 2,000 working adults by Resource Solutions. The results suggest Gen Zs expect to change industries at least three times throughout their working life – once more than any other generation before them.  (more…)