Search Results for: recession

Lack of regional commercial property could hamper UK growth

by • News, Property

commercial propertyAlthough construction is on an upward trend, the development of commercial property lags behind, and the situation is particularly challenging in the West Midlands. According to JLL and Glenigan’s inaugural Commercial Construction Index, total construction starts by value, year end Q2 of 2014 were 15 per cent down compared to Q2 of 2013 at £2.03 billion. Graham Taylor, director of JLL’s Birmingham Buildings & Construction team, explained that the volume of commercial property being started has not risen substantially since the recession. Birmingham, Leeds and Manchester are already experiencing a shortage of Grade A office space – with much of the shortfall due to a drop in construction activity compared to the early to mid 2000’s. He said: “Rising corporate confidence means that many companies are looking to upgrade their workplaces. The corporate world is increasingly recognising that well-designed modern offices can be a key driver of productivity and staff retention, two major strategic concerns.”

Five sectors, one challenge: The importance of high staff morale

by • Comment, Workplace

Five sectors, one challenge: The impact of high staff moraleEver since the 2008 recession, the economy has been in flux, affecting both small businesses and corporate giants. Yet, despite the uncertain economic climate, many start-up business ventures have not been phased by the challenges it brings. We recently conducted a survey to find out what the biggest challenges small businesses expected to face over the coming year. The survey revealed some interesting results, and led to the creation of five whitepapers suggesting some possible solutions as to how they might consider investing both their time and money to overcome these challenges. Across the five industries taking part in our survey (Health and Fitness, Finance, Technology, Retail and Travel), one of the most prominent challenges faced by SMEs was regarding staffing. Ultimately, each staffing issue related back to keeping employee morale high and, therefore, boosting productivity. (more…)

More construction developments required to solve office supply shortage

by • News, Property

Construction Index warns of short supply of commercial office spaceThe development of new workplaces, shopping centres and industrial facilities is playing an increasingly important role in the UK’s economic recovery, according to the inaugural Commercial Construction Index by JLL and Glenigan. But the report raises concerns that the development of commercial space is still lagging behind the UK’s booming economy. Although the quarterly index reveals that work began on £22.7bn of commercial projects over the 12 months to June 2014, an increase of 6.6 per cent on the previous 12 months, Jon Neale, Head of JLL’s UK Research team warns that: “despite these positive trends, the volume of commercial space being started has not risen substantially since the recession and is still significantly behind the position before the crisis. There is evidence of an increasing supply shortage, particularly in the office market, and the amount of development needs to accelerate if this is not to hamper longer term recovery.” (more…)

Three ways in which politicians display their ignorance of the workplace

by • Comment, Facilities management, Flexible working, Technology, Workplace, Workplace design

Workplace bubbleThe recent Cabinet reshuffle in the UK Government won’t alter one fact; politicians simply don’t get it when it comes to technology, the workplace, the way people work and the needs of small businesses. Once you dismiss the paranoid idea that they DO get it but don’t care because they’re too busy looking out for The Man, you have to conclude that one of the big problems they have (this won’t go where you think) is that they don’t understand anything about technology and work, especially when it comes to emerging technology, the working lives of individuals, the needs and functions of small businesses and the fact the self-employed exist at all. These things exist outside the bubble. This is obviously a problem because they are implementing policies and making big, uninformed and anachronistic decisions about the things that shape every aspect of our lives, help to define us as people and determine how companies and individuals function. Here are just three examples.

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UK public sector spends twice as much on outsourcing as the private sector

by • Facilities management, News, Public Sector

WhitehallThe UK’s public sector spends almost twice as much on outsourced services as the country’s private sector, according to research from the Information Services Group. The study claims that the total contract value of public sector outsourcing agreements over the last two years was £51 billion, compared with £30 billion for the commercial sector. In that time, a total of 585 public sector contracts were awarded. Although volumes are lower than those of the commercial sector (726 contracts), this number represents nearly a threefold increase in public sector activity since the pre-recessionary period (2006-2007). While the commercial sector has seen a shift toward smaller contracts over the past two years, the public sector has seen a reduction in the number of smaller contracts, from 46 percent of the market in 2010-2011, to 40 percent. While the number of large contracts remains steady, growth in the sector is largely driven by contracts valued at between £15 million and £30 million.

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Physical workplace should provide an environment in which people can thrive

by • Comment, Facilities management, Workplace, Workplace design

Physical workplace must provide an environment in which people can thriveIn these post-recession times, companies are investing heavily in their operations and the UK business community definitely has more of a spring in its step. Now, more than ever, it is important to have the right team on board and employers are now finding that their biggest challenge is how to attract and keep high quality personnel. It is becoming increasingly clear that an attractive salary package alone is simply not enough, even with benefits. More than ever before, workers are thinking about the quality of life which a job can provide and an intrinsic part of this is a working environment which will provide a sense of wellbeing. If companies are going to attract and retain the very best staff, they are going to have to think about how to provide this, because the physical workplace can be a powerful means of providing an environment in which people can thrive. Research has shown that there are six dimensions to be taken into consideration when striving to create a workspace which will provide a sense of wellbeing.

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Workplace wellbeing increasingly incorporated into office design

by • Company news, Facilities management, Flexible working, Workplace design

Wellbeing considerations being incorporated into workplace designMore UK companies are proactively designing their workspaces with wellbeing in mind as the health and wellbeing of office workers soars up the list of business priorities. This is according to Bostjan Ljubic, the newly appointed head of Steelcase in the UK and Ireland, who believes the economic impact of employee wellbeing, plus greater understanding of the issue is now propelling companies to develop and enhance their engagement with their workforces, as they increase their post-recession drive to attract and retain high quality staff. “The issue of wellbeing has developed very significantly in recent times,” said Ljubic. “Businesses that are focusing clearly on the issue are doing so because they have identified the potential emotional, financial and competitive advantage. The mountain of research on wellbeing points very clearly to it being in a company’s interests to take the matter seriously.” (more…)

Record uptake of flexible working masks what is really changing about the way we work

by • Comment, Flexible working, Technology

Flexible workingThis week the Office for National Statistics has released new figures which show that flexible working is at a record high in the UK. The headline figure from the ONS is that 14 percent of the UK workforce now either work at home full time (5 percent) or use their home as a base (8.9 percent). This represents a 1.3 million increase over the six years since the onset of the recession. The report shows that those working from home are typically skilled, older (half between the age of 25 and 49 with 40 percent of over 65s classed as homeworkers) and better paid than the average worker (30 percent higher than the national average). The Government is claiming it as a victory for the promotion of flexible working through legislation and the TUC as a sign of the increasingly enlightened approach of bosses in helping employees find a better work life balance. And they’re both wrong.

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Better talent attraction and retention strategies needed as recruitment soars

by • News, Workplace

Talent attraction and retention strategies needed as recruitment needs soarEmployers are increasing their permanent headcount at their fastest rate since before the recession. Consistently positive GDP results, coupled with reports that business optimism is at its highest level since 1998, has driven impressive growth across the entire professional jobs market, according to the latest data from the Association of Professional Staffing Companies (APSCo). It reports that the placement of professional talent increased by 29 per cent compared to the same time last year, with particularly strong growth in sectors such as accounting and finance. This mirrors plans by the Big Four accounting firms to substantially increase their graduate level recruitment this year; with KPMG and PwC, for example, both planning to hire 30 per cent more candidates than last year. Although it’s good news for the jobs market – analysts warn that managers must plan ahead to ensure they retain and attract the right talent. (more…)

Four million people in UK now work from home, claims TUC

by • Flexible working, News, Technology

work from home

Figures released today by the TUC to mark National Work from Home Day show that more than 4 million people now regularly work from home; a rise of more than 62,000 over the course of the last year. The number of people who say they usually work from home increased by 62,000 over the course of last year to reach more than four million for the first time. The findings are from a new TUC analysis published to mark national work from home day, organised by Work Wise UK. The TUC analysis of figures from the Office for National Statistics shows that the number of regular home-workers has risen by over a half a million since 2007 – an increase of more than 10 per cent. Millions of workers across the UK occasionally work from home too, says the TUC. (more…)

Employers urged to plan ahead as recruitment prospects rise

by • News, Workplace

The nine enduring workplace tensions to keep an eye on in the year aheadFresh evidence that the recession is over as the CIPD reports employment intentions are at the highest level for six and half years. However, pay continues to perform well below pre-recession levels, and the HR body warns that with the economy picking up, now is the time for employers to consider both the levels of pay and employment conditions they have to offer; and the reputation and branding of their organisation. Although CIPD’s quarterly Labour Market Outlook finds little evidence that the buoyant jobs market is feeding through into recruitment difficulties for the majority of employers in the short term, in some areas; such as engineering and management/executive there is already a struggle to fill high-skilled vacancies. The CIPD is therefore urging employers in all sectors to start planning ahead to mitigate the risk of widespread skills shortages in the longer term. (more…)

US employers hold very mixed views on flexible working, claims report

by • Flexible working, News, Technology, Workplace

Glued to the desk

It’s not just companies in the UK who appear to have mixed and sometimes contradictory views on the principles of flexible working. A new study from the US based Families and Work Institute in partnership with the Society for Human Resource Management has found that while more and more firms are open to the idea of working from home for permanent employees, other forms of flexible working such as job sharing, career breaks or sabbaticals to deal with personal and family issues. The 2014 National Study of Employers found that two-thirds (67 percent) of US organisations now allow employees to work from home at least some of the time, up from 50 per cent in 2008. In addition, 41 per cent of firms let workers decide their own working hours, compared to 32 per cent in 2008. However there are falls in the proportion of employers willing to let staff work flexibly in other ways.

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