Search Results for: remote working

Retrofit offers the greatest opportunity for a commercial property market beset by uncertainty

Retrofit offers the greatest opportunity for a commercial property market beset by uncertainty

Retrofit an opportunity for commercial propertyIn the context of a second major economic shock from war in Ukraine and continuing inflationary concerns, the PWC / ULI report Emerging Trends in Real Estate Global Outlook 2022 focuses on the global outlook for the real estate industry increasing pressure for finance to support the decarbonisation of real estate. The industry challenges lenders and their regulators to provide debt for the retrofit of existing buildings and the scale-up of the ‘climate tech’ needed. (more…)

Many workers worried that revealing mental health concerns could result in job loss

Many workers worried that revealing mental health concerns could result in job loss

mental health and wellbeingA new study claims that there are increasing issues around reporting employee wellbeing whilst hybrid working, as 95 percent of UK employees feel that their company doesn’t do enough to identify and support those with mental health concerns. One in six UK employees feel worried that raising  concerns with their company could put them at risk of losing their job, the new report into employee mental health and remote working suggests. Throughout the UK, 86 percent believe that their workplace is not a safe space for employees to be open about mental wellbeing. (more…)

Four day week now more attractive thanks to pandemic

Four day week now more attractive thanks to pandemic

four day weekThe COVID-19 pandemic, lockdowns and shift to remote working has had a significant impact on organisations’ attitudes towards a shorter working week, new research from Henley Business School has revealed. The longitudinal study found that 65 percent of UK businesses surveyed are now implementing a four-day working week for some, or all, of their staff, compared with 50 percent who answered a similar survey carried out by Henley in 2019. (more…)

Location pay doubts are now rife amongst organisations

Location pay doubts are now rife amongst organisations

location payThe latest data from XpertHR suggests that 44 percent of UK organisations are ‘unsure’ about the future of their location pay arrangements following the coronavirus pandemic and the subsequent shift to hybrid working. Location pay is currently offered by more than half of UK organisations (55 percent). Its most common form is a London allowance on top of basic pay (offered by 40 percent of organisations),with inner London employees receiving a median location payment of £3,775 (£3,250 in outer London). (more…)

Office still important for nurturing friendships and inclusivity, report claims

Office still important for nurturing friendships and inclusivity, report claims

office friendshipsThe physical office remains vital for nurturing friendships, and supporting a diverse and inclusive workforce, according to O.C. Tanner’s 2022 Global Culture Report which analysed the perspectives of over 38,000 employees, leaders, HR practitioners and executives from 21 countries around the world, including over 2,500 from the U.K. Around two thirds (63 percent) of U.K. workers admit that it’s more challenging to form new friendships with colleagues when working remotely, and 58 percent of workers state that the office is where most of their new friendships are formed. (more…)

Workplace culture needs a rethink in line with employees’ changing priorities

Workplace culture needs a rethink in line with employees’ changing priorities

workplace cultureConsiderable job insecurity and uncertainty has pushed companies to rethink their workplace culture to meet employees’ new needs, priorities, and expectations, according to the annual Fjord Trends report from Accenture. According to the report, nearly two years of social, economic and employment disruption has resulted in a collective shift in people’s relationships with work and employees are re-assessing what they want and expect from a company culture and employee value proposition. This means enhancing workplace flexibility, benefits packages, and greater employee care and compassion will continue to be notable trends in 2022, creating both challenges and opportunities for businesses looking to retain and recruit talent. (more…)

Toxic workplace habits continue to undermine wellbeing

Toxic workplace habits continue to undermine wellbeing

New research by Bupa claims there are five toxic workplace habits that are especially harmful to employee wellbeing, including ‘chronic procrastination’ and ‘workplace stress’. As a result,  UK employees are actively searching for advice on how to manage their wellbeing at work. (more…)

Third of people don’t trust their leaders at work

Third of people don’t trust their leaders at work

Leaders need to work harder to build trust among employees with 32 per of U.K. workers admitting to not trusting senior leaders. These are the findings from O.C. Tanner’s 2022 Global Culture Report which analysed the perspectives of over 38,000 employees, leaders, HR practitioners and executives from 21 countries around the world, including over 2,500 from the U.K. The findings are a marginal improvement on 12 months’ ago in which slightly more workers (35 per cent) confessed to not trusting senior leaders. (more…)

Nearly half of UK employees are ready for a workplace metaverse

Nearly half of UK employees are ready for a workplace metaverse

metaverseResearch released by Owl Labs suggests that nearly half (47 percent) of the UK population want companies to adopt the metaverse – a highly immersive virtual world that recreates opportunities for work, socialising, entertainment, and education – in the workplace. (more…)

Office occupiers set to transform the design of their offices

Office occupiers set to transform the design of their offices

Nearly three quarters of global office occupiers responding to a survey expect to transform their workplace design in the next two years, according to a report from Mace. The report, which was produced using data from a global client workplace survey issued by Mace to over 4,000 CRE professionals, shows that businesses worldwide are reviewing their current workplace offer following the pandemic, in a move to improve employee experience and attract people back into offices. (more…)

Pandemic-driven shifts have made the workforce smaller, younger and more female

Pandemic-driven shifts have made the workforce smaller, younger and more female

pandemicThe pandemic has not led to mass unemployment as many feared, but has instead driven wider shifts that have increased employment among younger women, but pushed many men and older workers out of the labour market altogether, according to new research. (more…)

Brits reluctant to take a sick day during the pandemic

Brits reluctant to take a sick day during the pandemic

sickBritish workers took the seventh lowest number of sick days in Europe last year, according to new research that identifies the countries who are most and least notorious for pulling a sickie. (more…)