Search Results for: talent

July 12, 2013

The challenge in Silicon Alley is providing the right quantity and quality of office space

by Charles Marks • Comment, Facilities management, Property, Workplace design

News emerges from BNP Paribas that the most dynamic occupiers in Western European property markets belong to the technology, media and telecoms (TMT) sector and that the most important market in the region is London. This comes as no surprise given the plans of Google to move to its new home in King’s Cross and the focus on developments in Tech City. But the same hothousing of TMT businesses is also evident in the area Prime Minister David Cameron has referred to as Silicon Alley, a cluster of businesses running alongside the M4 originally clustered between Reading and Swindon but now extending as far as Bristol. Companies that have found a home in the area include the likes of Cisco, Microsoft, Oracle, Ericsson, Vodafone, O2, Citrix, Dell, Huawei, Lexmark, LG, Novell, Nvidia, Panasonic, SAP and Symantec not to mention the countless other smaller businesses, consultants and freelancers that share this hothouse.

July 8, 2013

Flexible working can come with a career catch for chances of future promotion

by Sara Bean • Flexible working, News, Workplace

Half of all people now work out of the office at least once a week, and more than one in four (27 per cent) every day according to data from software supplier Sage, but a new report by social business the Timewise Foundation warns that this flexibility might come at a price. It found part time and flexible workers face key barriers in terms of career agility, with nearly three in four part time workers saying they haven’t been promoted once since working part time (73 per cent), and over a fifth (22 per cent) saying they wouldn’t even expect to be. Nearly two thirds (63 per cent) believe that promotion with their current employer might be possible, but only by increasing their hours – something that’s not an option for more than a third of respondents (36 per cent) who rate part time hours as ‘crucial’ in their lives, nor a straightforward choice for the 52 per cent who state they are ‘important’ to them. More →

July 3, 2013

Hours and pay are not key factors for work-life balance finds survey

by Sara Bean • Flexible working, News, Workplace

The key to a better work-life balance is not simply to work shorter hours or earn more money and working shorter hours does not necessarily make people happier. According to a new survey by recruiter Randstad those in the South East and Yorkshire & The Humber are most happy with their work-life balance, with 64 per cent saying they are content, despite those in the South East having one of the longest average working weeks in the UK. The survey also found that those working in property and construction (88%) were amongst the happiest with their work-life balance, coming third after the utilities and insurance sectors. Those least happy with their work-life balance were the East of England (51 per cent) and South West (55 per cent) – yet those in the South West have a shorter average working week than most of the UK. More →

June 25, 2013

US corporate occupiers changing the size and type of office space they demand

by Mark Eltringham • Facilities management, Flexible working, Knowledge, Property

America’s corporate occupiers are not only reducing the amount of office space they use, they are changing their requirements too according to the latest Office Occupier View report from CBRE. Not only did overall demand for commercial space fall during the first quarter of 2013 compared to the last of 2012, the average amount of space allocated to each worker is falling below 225 sq.ft. (21 sq.m.) , and occupiers are demanding more open, ‘creative’ working environments in Class A buildings with large floor plates. Occupiers are also looking for space that is ideally located in central business districts (CBDs) with easy access to transport links and amenities and offers them flexible terms.

June 13, 2013

Gender equality and senior roles where are we now?

by Pam Loch • Legal news, Workplace

Gender equality at senior management and Board level has been and is likely to remain an area of contention. According to recent research by analysts BoardEx into gender inequality in Britain’s top 100 private companies, 73 per cent of companies still have all male teams of executive directors, 51 per cent have only male non-executive directors and there are still 56 per cent of all male Boards. At the end of May a new National Equality Standard was launched by the CBI and the Equality and Human Rights Commission in response to the continued concerns about the issue, which some EU members have argued requires the imposition of mandatory board quotas.

June 4, 2013

Time to apply flexible working to harness women’s untapped potential

by Sara Bean • Facilities management, Knowledge, News, Public Sector, Workplace

Encouraging flexible working and understanding how best to support working parents in the second stage of their career is just one of the findings of a major report published today by the Women’s Business Council (WBC) on improving women’s contribution to economic growth. The WBC, which is chaired by Ruby McGregor Smith CBE, chief executive of MITIE, is an independent working group established by the government in 2012 to explore the untapped potential of the female workforce. Maximising women’s contribution to future economic growth looks into addressing the obstacles at all stages of women’s careers, such as broadening career choices, helping to access childcare and providing the necessary skills to start new businesses. More →

June 4, 2013

Generation Y workers take most pride in the workplace, poll finds

by Sara Bean • Knowledge, News, Workplace

Over half (58.1 per cent) of UK workers are proud to work for their current organisation, and younger workers feel the most pride, according to a new poll. The latest in a bewildering series of contradictory stats on Generation Y – finds that over three fifths (64.1 per cent) of employees aged between 16-24 say they are proud of working for their current employer. But the research by recruiter hyphen suggests that while pride is high, managers may not be directly responsible for the rise. Just six out of 10 (62.8 per cent) workers believe their organisation seeks their opinion, listens and respects their views, dropping from over three quarters (77.9 per cent) in January 2013.

May 28, 2013

Three quarters of London investment banks set to trim corporate real estate

by Mark Eltringham • Knowledge, News, Property

According to a new report from CBRE, nearly three quarters (72 percent) of investment banks based in London are looking to cut their corporate real estate portfolios over the next two years as they adjust to a changing global market for their services as well as structural changes in the UK’s regulatory framework. As well as trimming London based properties, the report says that banks will continue to relocate functions to the UK regions in an effort to reduce costs. Since the low point of 2009, rents in the City of London have increased from £42.50 per sq ft to about £55 per sq ft. The survey also found that just over a third (34 percent) of banks expect to see cuts as a result of mergers and acquisitions in the sector.

May 23, 2013

UK employee engagement and productivity lags behind most of world

by Sara Bean • Knowledge, News, Workplace

You might regard the concept of employee engagement as just a new way to describe industrial relations, but there is a growing body of research that UK employers need to do more to keep their employees on side. According to the latest missive, low employee engagement and lagging productivity is the greatest employment challenge facing UK business in 2013. Global research by Right Management found that this was the key concern for one in three (31 per cent ) employers compared to a global average of just one in five (21 per cent ) HR professionals, suggesting that after years of economic uncertainty and doing ‘more with less’, the UK workforce has reached a productivity impasse. More →

May 13, 2013

Employment rates set to grow but applicants must battle for jobs

by Sara Bean • Knowledge, News, Workplace

Employment growth is set to continue in the second quarter of this year, but the jobs market remains a ‘battleground’, particularly for low-skilled workers. According to the Spring 2013 Chartered Institute of Personnel and Development (CIPD)/Success Factors Labour Market Outlook (LMO), the net employment balance – which measures the difference between the proportion of employers who expect to increase staffing levels and those who intend to reduce staffing levels, has increased to +9 from +5 for the previous quarter, the fifth consecutive quarter of projected growth. However, the median number of applicants employers receive for medium-skilled roles is 29, highly-skilled vacancies typically receive 10 applicants and pay rates continue to be squeezed.

May 9, 2013

Large organisations are unprepared for new generation of executives

by Mark Eltringham • Knowledge, News, Workplace

It’s not just Manchester United who need to worry about the succession process following the departure of an aging white male. According to a new report from Cass Business School and recruitment consultants Ogders Berndtson, firms are largely unprepared for the changes in business practice that will come as their babyboomer executives are supplanted by their Generation X and Y descendants. The report – After The Baby Boomers – argues that over half of organisations are unprepared for the changes. The report interviewed executives from 100 large organisations, making it most relevant for the sorts of blue-chip firms who are led primarily by 50-something accountants in the first place.

April 29, 2013

Lack of skills hampering business growth say UK CEOs

by Sara Bean • News, Property, Workplace

Nearly two thirds (65 per cent) of UK employers say a lack of key skills is hampering their growth prospects – with construction, mining, engineering and energy companies reporting the most chronic shortage of skilled employees. Yet, according to a PwC global survey, while three out of four UK CEOs said creating a skilled workforce should be the Government’s highest priority only a third intended to do anything about it for the coming year. Instead, they see it as a longer-term goal; with 70 per cent of respondents saying they plan to increase investment in their workforce over the next three years. More →