Search Results for: uk talent market

Take up of flexible office space hits highest levels since 2019

Take up of flexible office space hits highest levels since 2019

Research from Savills and its specialist firm Workthere claims that take-up of flexible office space from operators across the UK reached just over 1.06 million sq ft in 2024, which is the highest level since 2019Research from Savills and its specialist firm Workthere claims that take-up of flexible office space from operators across the UK reached just over 1.06 million sq ft in 2024, which is the highest level since 2019 and 12 percent above the total reached in 2023. In line with this growth, Workthere suggests that transaction levels were also up 35 percent, despite a moderate drop in enquiries by 12 percent from a 2023 peak (based on a 2022 index).  There were also positive signs in the make up of demand with Workthere reporting a 7 percent increase in the number of businesses entering a new market and a 33 percent increase from businesses outgoing their current space. (more…)

Small businesses remain upbeat about flexible working

Small businesses remain upbeat about flexible working

More than 80 percent of SME decision makers expect to see positive outcomes to their workforce from policy changes to flexible working rulesMore than 80 percent of SME decision makers expect to see positive outcomes to their workforce from policy changes to flexible working rules, a new poll  from NatWest Mentor suggests. In April 2024, under the previous Conservative government, new flexible working legislation was introduced across England, Scotland and Wales creating significant changes to how employees make flexible working requests and how employers must respond. (more…)

Lack of space continues to  hold back a ‘return to office’

Lack of space continues to hold back a ‘return to office’

Workers are resisting the so-called return to office due to a lack of desk space, following widespread reductions by companies in the wake of CovidWorkers are resisting the so-called return to office due to a lack of desk space, following widespread reductions by companies in the wake of Covid. A fifth of workers cited a shortage of desks and facilities among their top three reasons for avoiding the office, according to a survey by real estate consultancy Remit Consulting. The firm claims that businesses may have scaled back desk numbers too aggressively after the pandemic spurred a rise in home working. (more…)

How Charles Handy changed the way we speak about the workplace

How Charles Handy changed the way we speak about the workplace

 

Originally published in 2019. There are writers whose language pervades our discourse so extensively that even those who have never heard of them will echo not only their sentiments but also their means of expression. One of these people is Charles Handy, who has just published his latest book 21 Letters on Life and its Challenges at the age of 87. His work resonates to this day and not least because he was so far ahead of the curve in detailing many of the characteristics of modern organisations and the challenges created for everybody by the changing nature of work and business. (more…)

Three quarters of recruiters think young people aren’t prepared for working life

Three quarters of recruiters think young people aren’t prepared for working life

The new report, Changing Face of the Youth Labour Market, claims to uncover a number of worrying insights into employers' perceptions of young workers and their readiness for working lifeA new poll from the the CIPD suggests that many UK employers believe young people aren’t ‘job-ready’ and lack important workplace skills, with a fall in earning and learning opportunities cited as a key reason. The new report, Changing Face of the Youth Labour Market, claims to uncover a number of worrying insights into employers’ perceptions of young workers and their readiness for working life. The study suggests that only just over a quarter (28 percent} of employers who hired individuals aged 16-24 in the past year believe that young people are well-prepared for the world of work. (more…)

Sick days rise 41 percent over last three years as business productivity falls post-pandemic

Sick days rise 41 percent over last three years as business productivity falls post-pandemic

sick daysSick days have surged by 41 percent over the past three years as employers continue to struggle with declining levels of productivity. The latest Hiring Trends Index by Totaljobs, surveying 1000 UK HR decision-makers, highlights how this rise in absenteeism is perpetuating a cycle of poor business performance affecting both employers and employees. (more…)

Menopause is a workplace issue. Here’s why

Menopause is a workplace issue. Here’s why

 

Menopause is one of those things that until a few years ago, most of the population hadn’t heard of. Even if they had, it certainly wasn’t a workplace issue. Which is interesting as half the population will have one in some form. More specifically more than one in every ten people in our workforce is currently menopausal. (more…)

US law firms make up two thirds of global law firm office leasing activity

US law firms make up two thirds of global law firm office leasing activity

Together, US cities accounted for 69 percent of overall H1 law firm office leasing activity in the world’s largest legal marketsNew York accounted for a third of all leasing activity globally in the legal sector in the first half of 2024, says Savills, equating to over 1.4 million sq ft of space, out of a total of 4.3 million sq ft across the world’s 15 largest legal markets, reflecting its position as the world’s principal legal hub. Together, US cities accounted for 69 percent of overall H1 law firm office leasing activity in the world’s largest legal markets, reflecting the dominance of American firms in the sector overall, as well as the tendency for US legal offices to have a lower occupancy density and thereby requiring more space, according to Savills. (more…)

Creative ways to save money for your startup

Creative ways to save money for your startup

Starting a startup is exciting, but the hard reality of limited finances may rapidly dampen the excitement

Starting a startup is exciting, but the hard reality of limited finances may rapidly dampen the excitement. Being a founding member means that you are familiar with the difficult chore of running every penny to meet your needs.  However, suppose you could think creatively, that is, outside the box, and find unusual approaches to cutting costs without compromising development or quality. Bootstrapping genius is not only a requirement in today’s fast-paced startup scene, but also a mark of honour. (more…)

Remote work overseas could lead to double tax for firms, employees and digital nomads

Remote work overseas could lead to double tax for firms, employees and digital nomads

The rise of remote work, fuelled by the pandemic, may serve up a hidden danger for employees. Accountants warn that employees who relocate abroad while working for a UK-based company could end up paying income tax in both countries, on top of social security contributions in their host nation. (more…)

MIPIM has changed, and mostly for the better

MIPIM has changed, and mostly for the better

With an estimated 27,000 delegates from 90 countries, MIPIM is still a force to be reckoned with when it comes to opportunities to network and learnWith an estimated 27,000 delegates from 90 countries, MIPIM is still a force to be reckoned with when it comes to opportunities to network and learn as delegates, with organisations using the week to deliver news, insights and thinking. The theme for MIPIM this year was The Global Urban Community; and it really did feel more international than previous years, the majority of attendees are still from France, Germany and the UK, but there were significant delegations from the United States, Canada, Oman, Egypt and Hong Kong, more from Asia generally and a show stopper from Saudi Arabia, more of which later. (more…)

London Mayor sets out ambitious plans for Capital’s growth and reinvention

London Mayor sets out ambitious plans for Capital’s growth and reinvention

Sadiq Khan, the Mayor of London, is today launching an ambitious plan aimed at creating 150,000 high-quality, well-paid jobs by 2028. This initiative will be unveiled alongside the shadow chancellor, Rachel Reeves. Reeves will say that a Labour administration intends to reset the relationship between the national government and London, while Khan thinks what is good for London is good for the UK. (more…)