Search Results for: talent

June 3, 2019

Come for the rent, stay for the experience of coworking

by Aki Stamatis • Comment, Coworking, Workplace design

When attending last year’s CoreNet Global Summit in Boston, there was a poll of the real estate executives gathered to discuss the key trends affecting the world of commercial property. During the event we were asked about our attitudes to coworking by the event organisers and Cushman & Wakefield. What emerged was a portrait of genuine revolution in real estate thinking. The number of employees from the respondents’ organisations using coworking space had doubled in the previous two years and now stood at around 11 percent of all employees. (more…)

May 31, 2019

The far reaching impact of empathy in the workplace

by Beverley Nicholas • Comment, Workplace

The average career length is 50 years, and according to Gallup’s State of The Global Workplace report, during this time only 1 in 10 people are actively engaged. This illustrates that within the current landscape there is a need for companies to actively pursue strategies to better engage their employees. Embedding empathy in working culture is one way of achieving actively-engaged workers but it also has the added benefit of increasing productivity and business growth. This was revealed by a piece in the Harvard Business Review, which highlighted the top ten most empathetic companies outperformed the bottom ten by at least 50 percent in productivity, earnings and growth. (more…)

May 31, 2019

Commuters receive little help from employers to alleviate their stress

by Marie Hillen • Flexible working, News, Wellbeing, Workplace

Over a third of respondents (36 percent) to a new survey report they are commuting for more than 90 minutes a day; yet despite a high demand for employer provisions to help alleviate the stress of the commute such as flexible or remote working and season ticket loans, 43 percent of employees stated that these were not currently offered by their employer. The Commuter Survey from Office Space in Town also claims that among the top commuting complaints were: lengthy journeys (32 percent); overcrowding (27 percent) and delays and frequent cancellations (26.01 percent). With the survey also revealing 75 percent take the commute into account when making their employment decisions, there is a lot that employers could be doing to minimise the negative impact on employee attraction and retention.

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May 31, 2019

Jobs and pay on the rise, despite economic uncertainty

by Marie Hillen • News, Workplace

The last three months have seen steady growth in the number of advertised jobs on offer, despite Brexit uncertainty, according to the latest UK Job Market Report from Adzuna. Pay rates are also on the rise, as average UK advertised salaries have outpaced inflation rates of 2 percent. Compared to the average salary on offer in April 2017 (£32,678), wages have been boosted 9.3 percent. Competition for jobs has also fallen to a record low, with a ratio of 0.21 jobseekers per vacancy in April. This means there are around five times more jobs being advertised than workers looking for new roles, the highest rate recorded since Adzuna began collecting the data seven years ago. Competition for jobs is now significantly lower than the ratio of 0.43 jobseekers per vacancy recorded a year ago, with the talent war showing no signs of letting up.

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May 30, 2019

Appeal of London as capital of HQs diminishing

by Mark Eltringham • Cities, News

London faces the loss of its status as a global magnet for corporate headquarters unless it addresses a range of factors that are diminishing its attractiveness, according to a new report from the Centre for London. Brexit, dated transport infrastructure and worries about its pool of talent are all risks to the capital’s ability to attract and retain the HQs of multinationals claims the report. (more…)

May 29, 2019

Biophilia in the corporate HQ: an historical perspective

by Guzman de Yarza Blache • Architecture, Environment, Facilities management, Features, Workplace design

In recent years, the concept of biophilia and the inclusion of greenery in the working environment has captured the media’s attention, which has depicted it as an important aspect of wellbeing in the workplace, seemingly the crucial indicator of a great office. For this reason, and beyond the superficial or cosmetic use of plants in the office, I would like to analyse the relationship between nature and the corporate world from a historical perspective in an effort to understand the role of greenery within the architecture of the corporate headquarters.

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May 29, 2019

Tech workers making plans to leave UK

by Neil Franklin • News, Workplace

Although London still ranks as the most attractive city in the world for people working in the global tech industry, three out of four UK tech workers (75 percent) are willing to leave for the UK for better opportunities elsewhere. Digital experts are among the most in-demand workers but due to their talent and transferable nature of tech skills, they are also among those most prepared to relocate, compared to only 61 percent of non-tech workers who would be willing to make the move overseas. (more…)

May 28, 2019

Number of over-70s in work doubles

by Mark Eltringham • News, Workplace

Record numbers of over-70s are choosing work over retirement, according to new analysis from Rest Less, a membership community site in the UK to offer work and volunteering opportunities specifically targeted at the over 50s. Using bespoke data provided to Rest Less by the Office for National Statistics, Rest Less’s analysis claims that the number of over-70s in full or part-time employment has been steadily rising year on year over the past 10 years, reaching a peak of 497,946 in the first quarter of this year – an increase of 286,000 or 135 per cent since 2009. Today, nearly 1 in 12 (8.1 percent) of those in their 70s are working, a significant increase from the 1 in 22 (4.5 percent) there were 10 years ago.

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May 22, 2019

The new normal of flexible work transforming workplaces

by Marie Hillen • Facilities management, Flexible working, News, Technology, Workplace

Digital innovations, and in particular, cloud computing is enabling increasing numbers of employees to work remotely and flexibly. This means the central company workspace is rapidly becoming an administrative hub, rather than a traditional central focus where everyone gathers during set hours. This is according to Condeco’s new research paper, The Modern Workplace 2019: People, places & technology (registration) which claims that 41 per cent of employers already offer remote working, while 60 per cent now allow employees to set their own flexible hours. (more…)

May 21, 2019

Office design stifling creativity, claims study

by Neil Franklin • News, Wellbeing, Workplace design

British businesses could be hindering their own innovation and creativity due to poor office design, according to a study carried out by YouGov and commissioned by Oktra. The survey of over 2,000 British employees claims that fewer than half (43 percent) believe the design of their workplace encourages innovation and creativity. Over a third (36 percent) of respondents would be less likely to take sick days if they worked in an inspiring workplace. (more…)

May 21, 2019

Overconfidence can be misinterpreted as competence, claims study

by Mark Eltringham • News, Workplace

The higher a person rates their social class, the more likely they are to overestimate their talents and the more likely they are to be promoted to a level beyond their competence, a new study from researchers at Stanford and the University of Virginia claims. According to the study published by the American Psychological Association in the Journal of Personality and Social Psychology, people who see themselves as being in a higher social class tend to have an exaggerated belief that they are more adept than their equally capable lower-class counterparts, and that overconfidence can often be misinterpreted by others as greater competence in important situations, such as job interviews.

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May 21, 2019

CRE investment highest in cities with strong tech culture

by Marie Hillen • Cities, News, Property, Technology

Cities with tech innovation-oriented cultures have a strong competitive advantage amongst those investing in commercial real estate, claims a new report from JLL (registration). Of 109 cities analysed, the nine leading global markets – Boston, London, New York, Paris, San Francisco, Seattle, San Jose, Sydney and Tokyo, accounted for around 37 percent of total annual real estate investment volumes over the past decade. Like real estate investors, corporate occupiers also search for locations that have advanced innovation ecosystems, the report suggests. These cities sustain highly skilled workforces and are best placed to succeed in the future.