Search Results for: productivity

Majority of employees see themselves as cogs in corporate machinery

Majority of employees see themselves as cogs in corporate machinery

by • News, Workplace

A significant majority (85 percent) of employees feel like they are just a cog in the machinery of their organisation and 43 percent have no idea how their performance contributes to business success, according to a new survey of employee experience and expectations. According to the new study [registration] from Oracle, HR leaders are struggling to keep up with changing employee expectations and this can have dire consequences for businesses. The survey of 1,000 employees and HR leaders across the United Kingdom (UK) found that despite current economic uncertainty, worker expectations are higher than ever, and HR leaders need help to get the employee experience right or risk losing profits and market share. (more…)

Jiecang and Logicdata pioneer dynamic office furniture with new technological solutions

Jiecang and Logicdata pioneer dynamic office furniture with new technological solutions

by • Company news

Jiecang, one of the world's leading supplier of linear actuators, in conjunction with the Austrian brand Logicdata, a European company that has been part of the Jiecang Group since 2021, is offering a wide range of technological solutions to make office furniture more dynamic, smart, and interactiveJiecang, one of the world’s leading supplier of linear actuators, in conjunction with the Austrian brand Logicdata, a European company that has been part of the Jiecang Group since 2021, is offering a wide range of technological solutions to make office furniture more dynamic, smart, and interactive. (more…)

Firms missing the chances to implement hybrid working and adopt new technologies

Firms missing the chances to implement hybrid working and adopt new technologies

by • Flexible working, News, Technology, Wellbeing

companies are missing opportunities to unlock new levels of employee productivity with new technology, hybrid working, and talent development.The new Slack State of Work Report [registration] claims that companies are missing opportunities to unlock new levels of employee productivity with new technology, hybrid working, and talent development. The report, based on a global survey of more than 18,000 desk workers – including 2,000 in the UK, found only 23 percent of companies are investing in technology to improve productivity and efficiency (21 percent in the UK), and just 27 percent of companies are using AI tools to help do so. (more…)

Around a quarter of jobs will shift over the next five years, WEF report claims

Around a quarter of jobs will shift over the next five years, WEF report claims

by • News, Workplace

Almost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic ForumAlmost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic Forum. Its Future of Jobs Report for 2023 suggests that employers anticipate 69 million new jobs to be created and 83 million eliminated among the 673 million jobs corresponding to the dataset, a net decrease of 14 million jobs, or 2 percent of current employment. The data is an extrapolation of data from 803 employers employing around 11 million people. (more…)

Biophilic office design has a clear business case, report claims

Biophilic office design has a clear business case, report claims

by • News, Wellbeing, Workplace design

A new report, Reap What You Sow: Valuing Workplaces that Grow Good Ideas from PLP Labs sets out to explain the process of measuring and monetising the wellbeing and environmental value of biophilic office design.A new report, Reap What You Sow: Valuing Workplaces that Grow Good Ideas from PLP Labs sets out to explain the process of measuring and monetising the wellbeing and environmental value of biophilic office design. The report argues that in corporate real estate, the environment impacts the bottom line. PLP’s study – run in collaboration with academics from Loughborough University, the University of Reading, and Benholm claims to enable real estate clients to fairly evaluate the worth of investing in nature alongside other project costs. (more…)

Wellbeing and sustainability are defining characteristics of London’s BCO Awards winning offices

Wellbeing and sustainability are defining characteristics of London’s BCO Awards winning offices

by • News, Property, Workplace design

London’s most outstanding workplaces have been recognised with British Council for Offices Awards going to seven office buildings across the capital. Held at the London Hilton on Park Lane, the BCO’s annual London Awards Lunch recognised projects that demonstrate best practice in office design, fit-out, operation and sustainability, setting the standard for excellence across the sector. (more…)

Employees 12 percent more likely to leave if employers don’t establish hybrid working norms

Employees 12 percent more likely to leave if employers don’t establish hybrid working norms

by • Flexible working, News, Technology

Organisations that lack explicit norms around hybrid working can increase the likelihood of an employee leaving by 12 percentOrganisations that lack explicit norms around hybrid working can increase the likelihood of an employee leaving by 12 percent, according to a new report from Gartner [paywall]. The report claims that the most successful hybrid models encompass three main categories of explicit norms that increase visibility, enable flexibility, and foster connections. (more…)

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

by • News, Technology, Workplace

The latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobsThe latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs claims. The authors suggest that the technology could replace around a quarter of the work tasks carried out in the US and Europe but may also mean new jobs and a productivity boom. The report claims that the tech could increase total annual value of goods and services produced globally by 7 percent. (more…)

Work-related stress costing UK economy £28bn a year

Work-related stress costing UK economy £28bn a year

by • News, Wellbeing

New data and economic modelling from AXA UK and Centre for Business and Economic Research (Cebr) claims that people are struggling with burnout and work-related stressNew data and economic modelling from AXA UK and Centre for Business and Economic Research (Cebr) claims that people are struggling with burnout and work-related stress, with an estimated £28bn lost last year due to poor mental health at work. The majority of this cost is due to loss of working days because of stress, burnout and general poor mental health, with businesses losing 23.3m working days as a result of these issues.  (more…)

Leesman partners with MIT Center for Real Estate to explore long term impact of hybrid working

Leesman partners with MIT Center for Real Estate to explore long term impact of hybrid working

by • Company news, Flexible working

Workplace analyst Leesman has joined the MIT Center for Real Estate (MIT/CRE) as a Strategic Partner and will be working with its Real Estate Transformation Lab to examine issues related to hybrid workingWorkplace analyst Leesman has joined the MIT Center for Real Estate (MIT/CRE) as a Strategic Partner and will be working with its Real Estate Transformation Lab to examine issues related to hybrid working. This collaboration will support Leesman’s three year investigation into the impact of hybrid working on people, places and societies.  The Leesman project, entitled ‘The Hybrid Future’, will survey over 10,000 participants from around the world, to explore the impact of hybrid working on everything from productivity, diversity and urban centres to the environment, wellbeing and even our love lives. With 24 surveys set to be issued every six weeks, the volume and diversity of data, length of study, and breadth of topic range, make The Hybrid Future the most comprehensive study of hybrid working ever conducted. (more…)

Company culture is one of the hardest but most valuable things to get right after a merger

Company culture is one of the hardest but most valuable things to get right after a merger

by • Business, Comment

There are major consequences for company culture, which is so important to get right in the mergers and acquisition process.Like never before, 2021 saw record-breaking levels of mergers and acquisitions (M&A) activity globally, a trend that continued into 2022 until a challenging macroeconomic landscape resulted in a sharp decline in activity. This was mainly because businesses waited to see what the coming months would bring. Whilst experts believe that M&A activity won’t return to levels seen in 2021, they do expect an increase as markets adapt, recover, and look for ways to increase profit. And that has major consequences for company culture, which is so important to get right in the mergers and acquisition process. (more…)

Getting back to basics in The Great Workplace Conversation

Getting back to basics in The Great Workplace Conversation

by • Comment, Flexible working, Technology, Wellbeing

There’s nowhere near enough talk about our base instincts in the Great Workplace Conversation.There’s nowhere near enough talk about our base instincts in the Great Workplace Conversation. Objectively speaking, we remain relatively highly evolved, communal and intelligent primates. And so we are driven by things we like to admit to – love, empathy and the Golden Rule. But also things we don’t care to admit to in quite the same way – status, jealousy and self-interest. (more…)

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