Search Results for: resilience

Neither bosses nor staff feel confident about future UK business environment

Neither bosses nor staff feel confident about future UK business environment

by • AI, News, Technology, Workplace

Two new reports published this week, show a lack of confidence amongst employers and employees within the UK business environment. The latest data in Gartner’s Global Talent Monitor report shows employee confidence in near-term business conditions and long-term economic prospects reaching an index score of 55.6 for the last quarter of 2018, a decline of 7.5 percent from an index score of 60.09 in 3Q18. These results follow a worldwide trend that has seen global business confidence sink to its lowest point since the fourth quarter of 2017. Meanwhile a survey of business leaders in the UK by management consultancy Lane4 found that bosses do not feel prepared to lead through future challenges like artificial intelligence and political volatility. (more…)

SMEs intend to increase their headcount by over a fifth this year

by • Legal news, News, Workplace

SMEs intend to grow their headcount by over a fifth this year

Although official figures from the ONS show a decline in consumer spending throughout much of 2018, optimism amongst small businesses remains high, with UK SMEs hoping to grow their headcount by an average of 21 percent over the next 12 months. The new research from Opus Energy claims that half (51 percent) intend to grow their business in terms of people, with some even predicting they’ll increase their workforce by 50 percent. IT (39 percent), health (33 percent) and financial services (28 percent) were the sectors expecting the most growth. Even in the worst affected sectors, growth was still predicted. Half (50 percent) of retailers still expected to grow in 2019, at an average of 19 percent. 65 percent of food and beverage producers predicted an average headcount increase of 18 percent and 69 percent of manufacturers expected to grow at an average of 14 percent; despite facing the uncertainty of Brexit and the “death of the high street”.

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Employers need to become active listeners to improve mental health at work

Employers need to become active listeners to improve mental health at work

by • Comment, Wellbeing

Time to Talk Day takes place every February and encourages people to open-up about their emotional wellbeing, but in a workplace setting this can be challenging. Despite 80 percent of employers believing employees would feel comfortable talking about their mental health, only 5 percent of employees would do so. Clearly there’s a disconnect between talkers and listeners which needs to be addressed if we’re to improve mental health at work. (more…)

Belfast office sector has enjoyed its most successful year ever

Belfast office sector has enjoyed its most successful year ever

by • Cities, Facilities management, News, Property

Belfast office market enjoys its most successful year ever: pic Merchant SquareThe office sector in Belfast has enjoyed its most successful year on record, with 885,023 sq ft of take-up reported across 84 transactions, more than double that was achieved last year, according to CBRE’s Offices Marketview research. Notable office deals completed in 2018 include PwC’s move to Merchant Square, Northern Ireland Civil Service to 9 Lanyon Place, Allstate to Mays Meadow, TLT to River House and Baker McKenzie to City Quays 2. According to CBRE Northern Ireland Office the local office market’s record breaking year is an indicator of the resilience of the commercial property market as well as the wider Northern Ireland economy.

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London remains preferred destination for global corporate real estate investors

London remains preferred destination for global corporate real estate investors

by • News, Property

London is still the world’s top destination for investment in commercial real estate despite ongoing uncertainty about Brexit, well above both Manhattan and Paris, the next two biggest markets, new research claims. Around£16.2 billion was invested in central London’s commercial offices in 2018 compared with £14.3 billion in Manhattan, £12.1 billion in Paris and £8.4 billion in Hong Kong, according to the analysis report from international real estate firm Knight Frank.

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Businesses need to build far more employee trust in their use of workforce data

Businesses need to build far more employee trust in their use of workforce data

by • News, Technology, Workplace

Business leaders need to improve the way they implement and communicate responsible workforce data strategies if they are to build the employee trust that will help generate sustained revenue growth, according to a new report from Accenture. The report, Decoding Organizational DNA, is based on qualitative and quantitative research, including global surveys of 1,400 C-level executives and 10,000 workers across 13 industries.

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UK employees confident they will benefit from a ‘buyers’ market for talent

UK employees confident they will benefit from a ‘buyers’ market for talent

by • News, Workplace

UK employees confident they will benefit from a ‘buyers’ market for talentThis year is set to be a ‘buyers’ market’ for the UK’s top professionals, as the nation’s war for talent intensifies. This is according to new research from Robert Half UK, which found that nearly a third (32 percent) of those surveyed believe their skillset will be more desirable over the coming months – even against the current economic and political climate – as the supply/demand imbalance of the UK’s top talent heightens. The current skills in demand include data analysis and digital skills, as well as softer skills such as adaptability, resilience and critical thinking to help complement the evolution of the workplace. (more…)

Central London office investment last year reached highest level since 2014

Central London office investment last year reached highest level since 2014

by • Cities, Facilities management, News, Property

30 Gresham Street: Central London office investment last year reached highest level since 2014Investment in Central London offices totalled £5bn in the final quarter of 2018, bringing the year-end total to £17.6bn, a 10 percent rise from 2017 and the highest level since 2014, according to data from CBRE. The final quarter of 2018 saw a 16 percent quarterly rise in investment volumes compared to Q3 2018 and a 69 percent increase on Q4 2017. Over the course of the year, five deals over £500m transacted, including the £1bn sale of 5 Broadgate to CK Asset Holdings and the £1.3bn sale of leaseback of Goldman Sachs’ new European HQ. Whilst none of these larger transactions completed in the final quarter of 2018, Q4 was the most active of the year in terms of number of deals transacted. A total of 65 deals completed in the final quarter of 2018, highlighting the persistent demand for assets in Europe’s principal gateway city. The largest investment transaction in Q4 2018 was the £400m+ sale of 30 Gresham Street to Wing Tai and Manhattan Group from Samsung.

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Shortlist for Business Book Awards features more on workplace and wellbeing than ever before

Shortlist for Business Book Awards features more on workplace and wellbeing than ever before

by • News, Wellbeing, Workplace

This year’s shortlist for the Business Booko Awards features more books than ever on wellbeing and happiness in the workplace as well as career self-development,  company culture and business ethics. A record number of women authors have also made the shortlist. (more…)

New workplace trends will bring people back to the office, Gensler report suggests

New workplace trends will bring people back to the office, Gensler report suggests

by • Architecture, Cities, News, Workplace design

The next generation of office buildings will draw employees back to the workplace, a new report from architect and design firm Gensler suggests. It suggest that an increased number of employees are set to be drawn back to the office, as the importance and power of face-to-face interaction grows, and office design increasingly caters towards this. This year’s 2018 Design Forecast report, Shaping the Future of Cities (registration required), created by the Gensler Research Institute explores over 200 of the latest trends that are changing cities across the world. The overarching prediction is that design will “put people back at the centre” and become the driving force behind resilient, liveable cities. Buildings that react and respond to the people within it will be critical to the workplace experience, harnessing data to interpret internal workplace data and make intelligent adaptations.

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OECD, UN Environment and World Bank call for a radical shift in infrastructure thinking

OECD, UN Environment and World Bank call for a radical shift in infrastructure thinking

by • Cities, Environment, News

The OECD, UN Environment and World Bank Group have this week called on leaders of G20 countries to do more to enable a radical shift of investment into low-carbon, climate-resilient infrastructure as a way to limit the impact of climate change. Delivering a new report, Financing Climate Futures: Rethinking Infrastructure, to the G20 at its Summit in Buenos Aires, the three International Organisations said governments need to adopt a more transformative agenda on low-carbon, climate-resilient investments if they are to meet the Paris Agreement goal of cutting CO2emissions to net zero in the second half of the century and build resilience to climate change.

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Older workers would like more flexible working opportunities

Older workers would like more flexible working opportunities

by • Flexible working, Wellbeing

A survey carried out on behalf of the Department for Business, Energy and Industrial Strategy (BEIS) has found that the majority of workers aged over 50 would ‘welcome more flexibility’ in the workplace. The survey, which polled more than 12,000 workers over the age of 50, revealed that 78 percent would like ‘more flexible hours’. A further 73 percent want to see more part-time positions being offered, while 63 percent wish for more training schemes to help them use new technology and gain new skills.

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