June 15, 2017
Technology that creates a virtual office is biggest catalyst of change in the workplace 0
Companies are increasingly using sophisticated technology offerings as a way to attract and retain talent, as faced with a competitive hiring environment, and rising occupancy costs they must create a user experience that makes employees more efficient and effective and the office the preferred place to work. This is according to CBRE Research’s latest Global Prime Office Occupancy Costs report (registration needed) which found – not uniquely – that technology is the biggest catalyst of change in the workplace today, as mobile devices, virtual networks, videoconferencing and cloud storage create a seamless transition from the physical workplace of the 20th century to the virtual workplace of the 21st century. This technology is also being used by occupiers to understand and manage their occupancy patterns in sophisticated ways and create an environment that maximises employee efficiency.
A majority of employees (62 percent) believe their company culture is one of the biggest hurdles in the journey to becoming a digital organisation, and this is putting companies at risk in falling behind competition in today’s digital environment claims a new report. 
One of the biggest concerns cited by many of those being polled on their views during the General Election campaign has been the high cost of living compared to wages. Now a new report claims that over half (55 percent) of employees are experiencing financial problems, which are affecting their behaviour, relationships and ability to perform at work. Although the nationwide study of the financial wellbeing of UK workers The DNA of Financial Wellbeing 2017 report, claims that nearly a third (32 percent) cite finance as their biggest concern; 66 percent of HR directors, think that financial worries are not of concern to their employees. The findings from Neyber, a financial wellbeing company, shows that 47 percent of workers are borrowing money to meet their basic financial needs, with 25 percent borrowing on a credit card, followed by 13 percent through a bank overdraft and 13 percent borrowing from friends and family. Meanwhile, an increase in so-called zero hour contracts means that nearly half (47 percent) of workers in the North and Midlands have an income fluctuation of more than 10 percent each month.
More than six in ten workers value happiness at work over salary and even those more motivated by salary agree that a setting that allows friendships to flourish could provide invaluable benefits for businesses, a new survey suggests. The research by Wildgoose found that 57 percent of respondents thought having a best friend in the office made their time at work more enjoyable, almost a third were more productive and over one in five said it boosted their creativity. The survey also highlighted the differences in attitudes across various groups and demographics. Women were far more likely to prioritise happiness, with eight in ten placing it above salary, compared to just 55 percent of males. The job level of an employee also played a significant role. For 85 percent of managers, salary was deemed more important, while 70 percent of entry-level, interns, and executives chose happiness.
June 12, 2017
We need to design for a multigenerational workforce 0
by Joe Huddleston • Comment, Workplace design
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