September 14, 2022
Lavazza Professional has unveiled its 24/7 self-service micro café for businesses across the UK: Moments by Lavazza Professional. Placing premium Lavazza coffee at its heart, this new modular micro market is designed to be a hassle-free alternative to canteens and provides organisations with a vibrant hub to fuel workplace productivity and drive staff engagement. (more…)
September 1, 2022
With SME’s accounting for the employment of more than half of the UK’s workforce, supporting these businesses is of benefit to everyone while geopolitical events and the impact of the pandemic continue to cause economic uncertainty. Entrepreneurs and small businesses are vital for spurring on evolutions in our technology and creating new markets for services and products, therefore bringing about competition which in turn boosts productivity that benefits our own and other economies, helping them withstand and recover faster from financial downturns. (more…)
September 1, 2022
New research from ECI Partners, a private equity firm, suggests that HR leaders believe the most prominent hiring challenge they currently face is a lack of technical skills and knowledge. Nearly a fifth (18.3 percent) of managers said this was their single biggest obstacle, highlighting the growing concern over the UK’s skills gap. The current labour shortages prompted by a range of factors including Brexit and Covid-19, appear to have further widened the skills gap for recruiters. (more…)
August 25, 2022
A new survey from Qualtrics claims that workers have mixed views on the impact of the pandemic on company culture. Half of European employees felt the pandemic had a positive impact on company culture – according to employees in France (50 percent), Germany (48 percent) and the UK (62 percent). Those who experienced positive changes to company culture in the last two years, cited this as being a result of an increase in open and honest communication from the business and feeling heard by the organisation. In fact, over half of workers across all markets say receiving increased communication from the company has been important (FR: 55 percent, DE: 56 percent, UK: 59 percent). (more…)
July 14, 2022
An analysis by Savills of Q2 2022 Prime Office Costs (SPOC) in global markets around the world suggests that inflation and supply chain issues are now feeding into office fit-out costs and keeping occupiers’ net effective costs high in many cities around the world. Over the past year office fit-out costs have risen an average of 6 percent across the SPOC cities that have so far reported rises says Savills, although proportionally they remain a small part of overall costs compared to rents. (more…)
June 20, 2022
Almost half of workers feel working from home has diminished their feeling of ‘belonging’ to an organisation, according to the Employee Job Satisfaction Report [registration] from recruitment firm Morgan Phillips. According to the poll, UK workers feel they are treated well by their employer (58 percent quite well and 27 percent very well), but half are still considering changing their jobs, with 17 percent looking for a change in 2022. (more…)
June 20, 2022
In January of 2020, shortly before that thing happened and before we knew much about the UK Government’s ‘levelling up’ programme, Birmingham was already a city on the rise. It had recently been announced that it was to host the Commonwealth Games in 2022 and was riding the crest of a number of high-profile developments and regeneration projects, not least those that arrived on the back of the controversial high speed rail station. (more…)
June 16, 2022
The fourth research report from the Reward & Employee Benefits Association’s (REBA) Transforming Engagement [registration] series in association with Mercer Marsh Benefits suggests perceptions of a business’s approach to sustainability is influencing employee reward and benefits practices and decisions. However, many businesses are changing business practices, products and services to meet sustainability goals. REBA’s report claims that nearly eight in 10 (78 percent) respondent organisations have made changes to at least some of their products or services to meet sustainability objectives. (more…)
May 31, 2022
The British Chambers of Commerce has said employers and the Government need to work together to bring older people back into the workforce. According to ONS data, around 500,000 older people have left the workforce in recent years, many of them prompted to do so by the pandemic. The number of over-50s who aren’t working or currently looking for work rose by 493,000 between October 2019 and December 2021. According to the Office for National Statistics, one in five did so due to stress or other mental health concerns. (more…)
April 14, 2022
Higher 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.
March 17, 2022
UK workers and their bosses are reaping the benefits of flexible working, according to new research released by Microsoft. According to Microsoft’s latest Work Trend Index, the number of people working in a hybrid way across the world is up seven percentage points on last year at (38 percent), while 53 percent of people are likely to consider transitioning to hybrid working in the year ahead. (more…)
February 15, 2022
Demand for people to fill permanent and contracted white-collar jobs while the UK continues to battle a skills crisis. That’s according to the latest Recruitment Trends Snapshot report from The Association of Professional Staffing Companies (APSCo). The data provided by Bullhorn, claims that demand for contractors was also up year-on-year, increasing 38 percent. Month-on-month figures also showed a spike in jobs, with permanent and contract vacancies increasing 104 percent and 78 percent between December and January, which can be attributed to a bounce back following a seasonal lull. (more…)
