Search Results for: people

City of London on track for record levels of office investment

The City of London is defying the doomsday Brexit scenario and on track to reach record levels of office investment in 2017, as Savills anticipates total turnover will hit £12.5 billion – subject to a number of deals currently under offer exchanging or completing before 31st December. This sees total transactions in 2017 doubling the 10-year average (£6.259 billion), in line with the all-time record volume seen in 2014 (£12.6 billion). The real estate advisor suggests the West End market will see £7.155 billion transacted in 2017 bringing total turnover in central London for the year £19.6 billion. Savills says that the weakness of sterling since the EU referendum has boosted the city’s attractions to overseas capital.  This has happened in tandem with a return of UK buyers to the London market. Figures from the firm show office take-up in the City and West End are both above the long-term average while more than a third of the city’s developments are pre-let.

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We need to have an honest conversation about presenteeism

We have talked before about the risks of over thinking problems. It is not just something that consultants, designers and the workplace intelligentsia are guilty of – everyone does it.  It is why we do not switch off when we are ill and still insist on going to work. We over think the consequences of not being in our workplace. Likewise, many traditional line managers simply cannot get their head around their teams working from home. After all, modern management mantras all talk about creating a great atmosphere in which teams all work together – in the same space at the same time? We all tend to over complicate most things and that is one of the main reasons in the UK we struggle with the concept of working from home. A consequence of this is the rise in presenteeism, which is mainly linked to illness, people ignoring how bad they feel and because of a perceived pressure, still turning up for work.

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Employers want to grow workforce next year, but concerned about Brexit impact

Just over half (51 percent) of firms across the UK will grow their workforce in the year ahead, with confidence highest amongst small and mid-sized firms (58 percent) according to the latest CBI/Pertemps Network Group Employment Trends Survey. But the survey warns that delivering further jobs growth depends on businesses being confident they can remain competitive if they choose to base staff in the UK. Nearly two thirds (63 percent) currently believe that changes in the UK labour market will contribute to Britain becoming a less attractive place to invest and do business over the next five years – up from 50 percent last year and 25 percent in 2015. Skills gaps were the single most prominent worry facing firms, with nearly four in five (79 percent) respondents highlighting this as a worry – up from 64 percent in 2016. Access to overseas workers is a big contributor to this, with nearly half of respondents (49 percent) identifying uncertain access to labour supply – up from 35 percent in 2016 as a concern.

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Productivity plummets as majority of staff now concentrate on Christmas

Productivity plummets from today as over half of staff prepare for ChristmasOver half of the workforce (57 percent) of employees admit to officially downing tools today (Monday 18 December) as the festive period gets well and truly underway, claims new research by Peakon. The HR analytics firm’s survey of more than 2,000 people reveals that, as Christmas creeps ever closer, employees admit to a whole raft of distractions from their everyday work duties. Two in five people (42 percent) confess to clocking off to Christmas shop online, a third (35 percent) say they’re planning Christmas day and almost one in three (30 percent) are planning their Christmas break instead. One in six (16 percent) confess to indulging in the odd Christmas tipple on the job – with men twice as likely to take advantage of a festive drink than women (22 percent and 11 percent respectively). 17 percent of those surveyed leave work earlier than usual, and one in 10 (12 percent) take longer lunches. A small percentage (4 percent) confess to calling in sick. But offering staff more flexible hours for shopping and Christmas prep would help maintain performance.

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How designers copy nature to create new and extraordinary forms

Humans have a long track record of turning to Nature for inspiration. When Leonardo da Vinci turned his mind to the challenge of acquiring the power of flight for mankind, his sketches show he believed the solution lay in mimicking the form and function of bat wings. We’ve learned a lot about aerodynamics since the fifteenth Century but nature continues to provide a blueprint for the way we design materials and structures. Researchers at the University of Alabama have recently won a grant from the US National Science Foundation to explore how the scales on the wings of butterflies (pictured) help the creatures to fly in the hope that it will help engineers design better and more efficient aircraft.

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The power of cities continues to shift east as Asia set to outstrip Europe and North America by 2035

A new report from Oxford Economics suggests although New York, Tokyo, London and LA will stay as the world’s major urban superpowers in the near future, China’s cities’ GDP will double in the coming two decades while Shanghai (pictured) and Beijing have already outstripped Paris in terms of economic activity. The 780 global urban centres covered in the report account for well over half of all worldwide economic activity, are home to a third of the world’s population and will be home to an extra 500 million people by 2035. In just over a decade the combined economic activity of Asian cities will exceed those in Europe and North America. Some smaller European cities will fall out of the top 100 cities worldwide, including several capitals. These are Amsterdam, Brussels, Copenhagen and Vienna as well as Barcelona, Frankfurt and Hamburg.

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Soft skills are vital for organisational success, say business leaders

A majority of business leaders see a positive impact on revenues following soft skills training investment as Apprenticeship Levy gathers pace, new research claims. Almost two-thirds (60 percent) of senior decision-makers said training employees in communication, leadership and sales skills leads to business growth. The findings suggest the new government-funded apprenticeship schemes introduced in April will improve companies’ bottom-lines, with 63 percent of respondents already seeing an increase in revenue from an investment in staff training. ‘Hard’ skills such as technical abilities were more of a focus under old apprenticeship schemes, but the data reveals business leaders want to invest in less quantifiable skills such as communication, leadership and customer service since the introduction of the Apprenticeship Levy.

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The ups and downs of wearables for workplace health and wellbeing

Businesses in the 21st century have tried just about everything to improve productivity. For a long time, Google and its ilk were seen as model workplaces, with their open offices and abundance of ball pits and bean bags. Then the consensus shifted, and the cubicle or workstation was seen as the paradigm for employee concentration. Now the focus has shifted to technology, and the field of ‘wearables’. Devices like the Fitbit, Google Glass and Apple Watch have come and gone with significant consumer buzz, but relatively low uptake. What failed to impress consumers, however, may yet have a place in business. For better or ill, it seems the companies we work for are increasingly obsessed with collecting our data.

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A 300 year old idea explains some of the enduring appeal of the open plan

In the 18th Century the utilitarian philosopher Jeremy Bentham came up with his idea of the Panopticon, a prison building with a central tower encircled by cells so that each person in the cells knew they could be watched at all times. Whether they were observed or not was actually immaterial. Bentham called it ‘a new mode of obtaining power of mind over mind’ and while he focused on its use as a prison, he was also aware of the idea’s usefulness for schools, asylums and hospitals. Bentham got the original idea following a visit to Belarus to see his brother who was managing sites there and had used the idea of a circular building at the centre of an industrial compound to allow a small number of managers to oversee the activities of a large workforce. This is something of a precursor of the scientific management theories of Frederick Taylor that continue to influence the way we work and manage people.

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Women and flexible workers significantly more at risk of illegal and inappropriate sexual behaviour at work

Two in five women and one in five men in the UK say they have experienced unwanted sexual behaviour at work and only a minority ever report it, a BBC survey of 6,206 people has found. The study also claims that people in flexible work are significantly more likely to be subject to assault, rape, unwanted sexual advances and inappropriate behaviour. Around 42 percent of gig economy workers, the self-employed and freelancers reported that they had been subject to or exposed to such behaviour. Respondents were asked if they agreed with the proposition that: “Looking back over my working life, I have witnessed behaviour that I now believe to constitute sexual harassment but didn’t think it at the time.” Four in 10 (42 percent) over-55s agreed. Among those near the start of their working lives (18 to 34-year-olds), three in 10 felt the same way. The poll found that overall, 40 percent of women reported they have experienced some form of sexual harassment at work.  (more…)

Employer bias is undermining business innovation and potential says OU

 

Over a quarter of senior managers hire people just like them, and this bias is still rife in some organisations, according to new market research commissioned by The Open University. The study amongst business leaders and employees finds that three in 10 (29 percent) senior managers admit they hire people just like them, and warns employers may be overlooking candidates from different social and educational backgrounds, impacting access to talent, and hindering business innovation and performance as a result. Employers place significant importance on educational attainment (86 percent), cultural fit (77 percent), tastes and leisure pursuits (65 percent), and even social background (61 percent). Considering the typical social make up of managers, this raises concerns about diversity, a key driver of innovation, and hints at a glass ceiling for those from less privileged backgrounds, with the re-enforcement of the historical class system. The issue is prevalent in both recruitment and employment, with bias creating a ‘degree premium’, particularly at entry level.

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Third of applicants turn down jobs due to lack of flexible work options

With employment at record levels and the labour market the fiercest it’s been for years, candidates have more choice about where they work than ever before. This is putting substantial pressures on companies to impress talented individuals through the entire recruitment and onboarding process if they want to keep them for the long term. But new research suggests that nearly half (45 percent) of job candidates have turned down a position because they weren’t impressed by the company during the interview process. According to the research by NGA Human Resources other common reasons for declining a position include having a better offer from another company (56 percent), lower than expected salary offer (49 percent) and finding out the role was not as originally described (44 percent). Modern job seekers are now looking for more than just a decent salary. In fact, 33 percent of candidates have declined a position because they didn’t have flexible work options, 29 percent due to the lack of a good benefits package and 27 percent because they didn’t feel they would fit in with their new colleagues.

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