Search Results for: talent

Flexible working is the new hybrid working, apparently

Flexible working is the new hybrid working, apparently

by • Flexible working, News

flexible workingFlexible working is the new hybrid working as a third of European workers would decline a job if flexible hours were not offered. That is the key claim of a new report from Owl Labs, a collaborative technology company. The annual State of Hybrid Work study polled 10,000 full-time employees across UK, Germany, France, Netherlands and Scandinavia – which suggests that flexibility is key to retaining top talent in 2022 and beyond. Over a third (37 percent) of European employees are prepared to decline a job if flexible hours are not offered and just over two thirds (69 percent) would accept a pay cut to have flexible hours. More →

From commuting to computers, finding balance in the hybrid workplace

From commuting to computers, finding balance in the hybrid workplace

by • Comment, Flexible working, Wellbeing

hybrid workplaceA recent survey from AT&T and Dubber found that 81 percent of respondents believe hybrid work will be the foremost working model by 2024, with 56 percent of work done off site. A striking 100 percent of respondents believe a hybrid work model will help attract young talent. While there are numerous benefits to being able to work from home, as the pandemic continues on, time has brought some of the challenges of remote work to light, serving as a reminder that balance is key to a hybrid work environment. Pre-pandemic, it seemed rare for companies to implement proactive solutions for workplace burnout. Businesses are now presented with the unique opportunity to find balance between in-person and remote work, and create workplaces that thrive within the hybrid workplace model. More →

Job dissatisfaction is rife among senior executives – and hybrid working doesn’t help

Job dissatisfaction is rife among senior executives – and hybrid working doesn’t help

by • Flexible working, News, Wellbeing, Workplace

job dissatisfactionWidespread job dissatisfaction means a large proportion of senior executives from top US companies plan to leave their organisations in the next two years, according to a new report from KellyOCG. According to the 2022 KellyOCG Global Workforce Report – Re:work – there’s a significant disconnect between employees’ expectations and the support employers provide. Through a survey of C-suite leaders, board members, department heads, directors, and managers in 12 countries, including the United States and Canada, the report claims that 78 percent of US executives and 52 percent of Canadian executives, compared to 72 percent of leaders globally, aim to leave their jobs by 2024. More →

Get ready for the artificial intelligence revolution

Get ready for the artificial intelligence revolution

by • AI, Comment, Workplace

artificial intelligenceBehind every successful business strategy is a talented and motivated workforce that is ready to apply itself and achieve great things. A leader may have a flawless strategy, but if they cannot staff their teams with the most talented individuals, their vision will stay just that. A vision. Unfortunately, the tools organizations use to identify and recruit the best talent have not changed much over the last few decades: resumés, interviews, and reference checks continue to be the predominant methods for evaluating potential. Sadly, many studies demonstrate that these methods are unpredictive, biased, and are inefficient.  The good news is that innovations in artificial intelligence offer exciting tools that improve the recruitment process for both organizations and candidates.  More →

The ability to choose where they work makes people happier

The ability to choose where they work makes people happier

by • Flexible working, News, Wellbeing

Employees with full autonomy to choose where they work are happier in their job, yet only one in five are currently able to do so. And though 60 percent of all employees prefer hybrid working, only 39 percent are able to flexibly split their time between the home and office. This is according to Jabra’s 2022 edition of the Hybrid Ways of Working Global Report. Carried out amongst 2,800 knowledge workers across six countries worldwide, the report analyses employee sentiments and motivations around the physical workspace in this hybrid working era. More →

Growing number of firms link increased productivity to home and flexible working

Growing number of firms link increased productivity to home and flexible working

by • Flexible working, News

flexible workingThe number of employers who believe that an increase in homeworking and flexible working has increased their organisation’s productivity or efficiency has jumped significantly over the last year, according to new research from the CIPD. When asked in December 2020, a third (33 percent) of employers said homeworking had increased their organisation’s productivity or efficiency. However, when asked about increased home/hybrid working in October/November 2021, over two-fifths (41 percent) said these new ways of working had increased this. More →

Two thirds would take a pay cut in exchange for a four day week

Two thirds would take a pay cut in exchange for a four day week

by • Flexible working, News, Workplace

four day weekA poll of 2,000 people published in the new edition of the State of Hybrid Work study from Owl Labs claims that flexibility is now key to retaining top talent in 2022 and beyond. 65 percent of British employees would rather be paid less in exchange for a four day week and over a third (37 percent) would choose to decline a job if flexible hours are not offered. The report claims that offering greater flexibility will prove key to preventing employees from driving the ‘Great Resignation’ – with nearly one in three (31 percent) employees changing jobs in the past two years and a quarter (25 percent) of employees actively seeking a new opportunity in 2022. More →

Office costs creep up, but not because of higher rents

Office costs creep up, but not because of higher rents

by • News, Property

office costs riseHigher fit-out costs and service charge growth, not rent rises are set to increase office occupier costs in 2022, claims a new report. Savills analysis of Q1 22 Prime Office Costs (SPOC) in global markets around the world has shown that higher fit-out costs, reflecting material and labour cost inflation, are beginning to creep through in some office markets. While overall there has been no movement in the position of cities in the rankings since the end of 2021, says Savills, some markets are experiencing rising costs in fitting out space and increased service charges. According to Savills this trend is most evident in Chinese cities, Kuala Lumpur, and in North American cities at the moment, but other markets across the globe are set to follow suit in the coming quarters.

Jeremy Bates, head of EMEA occupational markets at Savills, comments: “From higher prices for raw materials to increasing labour costs to keep up with rising inflation, it’s likely that most office occupiers will have to pay more to rent and fit-out their space in global cities this year.

“Whilst rent is the usual indicator of increasing cost, service charge rises and higher capital expenditure will represent the largest contributions towards increased occupier costs in the coming quarters. Even in markets where landlords tend to pay for fit-outs, these costs will eventually be passed on to occupiers later in the form of higher rents. Nonetheless, for many office occupiers the expense is unlikely to deter them from selecting top quality spaces in prime central business districts to attract and retain talent, although they are carrying out extensive data gathering exercises on how employees are using space before making decisions on exactly how much to take.”

Savills says that overall headline rents have, on average, remained flat in local currencies and the increasing additional costs have yet to appear across many markets, according to the international real estate advisor, with fluctuating exchange rates due to increased uncertainty producing the appearance of declining costs for many markets in Dollar terms during the first quarter of 2022, while in local currencies they have broadly remained consistent with Q4 2021.

Experimentation is the name of the game

Experimentation is the name of the game

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

Uncertain times call for different measures and approaches, the old rules and playbooks are no longer applicable – so what are you going to do? Sit around, stagnate, hanker after old solutions trying to manipulate and squeeze them into new, unknowable, untried paradigms? No! One thing human beings are fairly good at is evolving and adapting to new and unknown situations and as we all know, being flexible and  accepting change creates resilience and ensures survival. More →

Facilities Managers should be seen as stewards of corporate culture

Facilities Managers should be seen as stewards of corporate culture

by • Comment, Facilities management

hybrid working facilities managersThe pandemic has irrevocably changed the way we work. Once considered a place simply to do business, the office is fast becoming a ‘lifestyle choice’ among young people who value more than just a desk. Instead, they want an engaging, healthy, and resilient working environment where they can socialise, make friends, and build connections to help their career and wellbeing thrive. In fact, an EY study found that 90 percent of Generation-Z value the human connection in the workplace above salary when it comes to their at-work communication. A recent Gallup survey even found a tangible link between having a best friend at work and productivity: those who have a best friend in the office are twice as likely to be engaged in their role and company. More →

Structural and cultural change are what we need to escape the wellbeing rut

Structural and cultural change are what we need to escape the wellbeing rut

by • Comment, Flexible working, Wellbeing

wellbeing at workWellbeing has been one of the largest challenges to the UK workforce over the last several years. A recent study by the Mental Health Foundation and the London School of Economics and Political Science (LSE), states that mental health problems cost the UK economy at least £117.9 billion every year – around 5 percent of the UK’s GDP. Companies recognise the urgency to help: British employers planned to increase spending on employee mental health and wellbeing by 18 percent from 2021 to 2022. But the long and short of the issue is that this progress is being outpaced by accelerating burnout rates among workers. More →

Firms are failing to meet the needs of hybrid workers

Firms are failing to meet the needs of hybrid workers

by • Flexible working, News

hybrid workersA survey of UK employers and employees gives insight into the lack of provision for remote and hybrid workers to carry out their roles. While just over half (56 percent) of employers admit they regularly check in with all employees to enquire about their health and wellbeing and 55 percent provide laptops, 73 percent of employees are ready to choose their next employer based on physical, health and wellbeing support and flexible technology provision. More →

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