April 2, 2013

Will an upturn spark a revival of interest in the idea of employer branding?

by Mark Eltringham • Facilities management, Technology, Workplace, Workplace design

You may recall that a few years ago there was a voguish interest in the idea of employer branding. This is the kind of thing that has always gone on but can always be defined and popularised, in this case following the publication of a book on the subject in 2005. By 2008 Jackie Orme, the head of the Chartered Institute of Personnel and Development, was calling it ‘an integral part of business strategy’. Still, it appears to have dropped off the radar a bit over the last few years, a fact we might put down to the effect of the recession. Firms certainly seem to have their mind on other things. Research published last year by PriceWaterhouseCoopers showed that in 2009, 54 per cent of businesses said they placed a special focus on retaining talent. By 2012 that had dropped to 36 per cent.

(more…)

March 11, 2013

Employers managing multigenerations of staff “in the dark”

by Sara Bean • Knowledge, News, Workplace

GRiD age research

The latest example from a plethora of surveys is published today to add more fuel to the suspicion that “Generation Y NOT ME?” either needs slapping down or is being grossly misrepresented. “The Workplace Revolution”, by recruiter Adecco Group reports that half of those aged 34 and under – Generation Y – (47 per cent) want a promotion every two years, compared to just a fifth (22 per cent) of UK workers as a whole. But the report also warns that employers that fail to engage, motivate and retain their best employees across all ages risk damaging productivity and competitiveness.

(more…)

March 11, 2013

Hong Kong and London world’s most expensive cities for start ups

by Mark Eltringham • Knowledge, News, Property

A new report from property consultants Savills based on the total cost of setting up in business in the world’s major cities has today revealed that Hong Kong is the most expensive of the ten cities in which to locate, with London in second place and New York a close third. The total real estate cost of setting up business in all three cities is now almost three times that in the best priced world capitals, Shanghai and Mumbai. The report will be published in full on the 20^th March as The World Cities Review and includes measures of headline rent, tax and other charges.

(more…)

January 26, 2013

Tech and media firms drive demand for London offices

by Mark Eltringham • News, Property, Technology, Workplace design

The UK’s thriving technology and media sectors are driving demand for office space in London, creating hotspots of businesses and talent according to a new report published yesterday by property services provider Colliers International. However a shortage of supply means that not only are tech and media firms driving up rents and supplanting traditional businesses, many are adopting more ‘institutional-style’ office spaces then using design and refurbishment to put their own stamp on them.

(more…)

January 25, 2013

London’s West End now most expensive office location in World

by Mark Eltringham • News, Property

London’s West End has overtaken Hong Kong’s Central district as the world’s costliest office location according to a new report from property consultancy DTZ. The annual occupancy cost per workstation in the West End was stable last year at $23,500 (£14,900) but moved from fifth to gain top spot as costs in Tokyo, Hong Kong, Dubai and Paris fell. Three weeks ago we reported that firms were migrating from the West End to London districts such as Clerkenwell and Shoreditch to take advantage of lower costs and pools of talent in new industries. (more…)