Search Results for: workforce

Seven essential workplace design trends to keep an eye on during 2016

Seven essential workplace design trends to keep an eye on during 2016 0

Workplace design trendsWhat has become increasingly apparent over recent years is that the office isn’t just a place to work, but also a driver of competitive advantage. We’ve always known this to a greater or lesser extent, but the dynamic and ever shifting nature of the modern world is presenting organisations with new and evolving challenges that they must address with all of the tools at their disposal. At the heart of this complexity is the physical workspace. Its design touches on every aspect of the changing workplace and the objectives organisations set for themselves and their employees. Although it has lots its primacy as the main place of work, you could also argue that the focus on the office’s key strengths makes it more important than ever within the context of overall working cultures. So, with that in mind, here are ten of the most important current trends in workplace design and management we foresee for 2016.

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Agile working is increasingly popular way to reduce London office costs

Agile working is increasingly popular way to reduce London office costs 0

London M25Rent, rates and service charges for office space in established Greater London office locations such as Croydon, Brentford and Uxbridge are typically over 50 percent lower than the cost of equivalent space in Central London locations such as Victoria, Marylebone, St Paul’s, Liverpool Street and Canary Wharf, Carter Jonas’ latest research claims. Increases in rents and business rates costs over the last five years, and the erosion of the stock of office buildings in some areas of Central London, as a consequence of redevelopment to higher value residential uses is reducing tenant choice and these factors are leading some occupiers to adopt new strategies to reduce their property footprint. Agile working and hot-desking are becoming popular ways to reduce the amount of space required to accommodate an organisation’s business operations the Tenant Advisory and Research Teams at Carter Jonas have found.

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Global salaries will rise to highest levels for three years in 2016

Global salaries will rise to highest levels for three years in 2016 0

Global payWorkers around the world will see real wage increases of 2.5 percent, the highest in three years in 2016, as pay increases combined with historically low inflation leave employees better off. The forecast issued by Korn Ferry Hay Group found that workers across Europe are set to see an average salary increase of 2.8 percent in 2016 and, with inflation at 0.5 percent, will see real wages rise by 2.3 percent. While salary rises will stay at 2.5 percent in the UK (the same as the last two years), low inflation means that real wages are to increase by 2.3 percent in 2016 – above the Western European average. In Asia, salaries are forecast to increase by 6.4 percent – with real wages expected to rise by 4.2 percent – the highest globally. In the United States, with low inflation (0.3 percent), employees will experience real income growth of 2.7 percent.

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Six human resources costs you might avoid by choosing the right office

Six human resources costs you might avoid by choosing the right office 0

1573_24-04-2015_8503According to a report from Colliers International, the majority of commercial office space in Australia and New Zealand is occupied by government departments and firms working in the business services, finance and insurance sectors. Other than government and the Not for Profit (NFP) sector, a prime motivation for every CEO, business owner and manager is the search for increased profitability. In most instances, a business has three pathways to increasing profitability. The first is through increasing turnover or sales (assuming the cost base remains equitable), the second is through reducing costs, and the third is by improving productivity. I have previously written quite a lot about the relationship between office space and productivity increases, but this article will explore one of the most insidious elements associated with any businesses cost base (including government) and that is staff turnover.

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Linear equations are no longer enough to determine the size of offices

In 2013, the US Census Bureau announced that the official human population of the Earth had exceeded 7 billion for the first time. This provoked people to raise concerns that were couched in Malthusian pessimism. Although people might have assumed we’d left behind this kind of flawed thinking, there is obviously something appealing about the idea that exponential population growth is unsustainable when resources increase only in arithmetical terms. We’ve got a problem but what we should have learned in the two centuries since Thomas Malthus first popularised the idea is that there are complex factors that can influence the resources we need to survive, not least in terms of greater efficiency in the way we produce them. A similar debate is also apparent in the way in which the commercial property market is able to offer the right sort of buildings for modern organisations.

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Employees and managers value holidays and flexible working differently

Employees and managers value holidays and flexible working differently 0

HolidaysIt’s become an accepted piece of wisdom that at the top of every employee’s wish list when it comes to their working conditions is more flexible working. That might be not entirely true according to a new study of employees and managers carried out by recruitment firm Robert Half. The report suggest there is a significant mismatch between what employees want and what employers think they would like when it comes to holidays and flexible working and other conditions. Topping the wish list for employees is more holiday and annual leave, ranked most popular perk by almost four in 10 (38 percent) respondents and ahead of more flexible working hours (28 percent), more training or professional development opportunities (16 percent), home working/telecommuting (12 percent) and other corporate services such as ironing services or fitness centre (3 percent).

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New Acas guidance aims to prevent disability discrimination at work

New Acas guidance aims to prevent disability discrimination at work 0

Disabled accessA new guide to help employers and managers identify, tackle and prevent disability discrimination in the workplace has been published by Acas. The new free guide ‘Disability discrimination: key points for the workplace’ helps employers get to grips with what disability means, how it can happen and how to prevent and manage complaints in the workplace. Iver the past year, the Acas helpline dealt with around 12,000 calls on disability related discrimination. Over four out of ten disabled people seeking work found that misconceptions around their capability to work were the biggest barrier to getting hired. According to Acas’ Head of Equality, Steve Williams: “Disability is a complex area of employment law that can encompass many conditions or situations that employers may not be aware of. HIV, cancer, depression, phobias, diabetes or an impairment caused by obesity are all conditions that could be considered as a disability.”

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Lack of talent will hold back any investment in infrastructure and building

Lack of talent will hold back any investment in infrastructure and building 0

talent shortageWhen faced with inconvenient facts, there is always a temptation to just ignore them. It’s a temptation to which the big thinkers of the political class readily succumb, especially when they’re selling an idea. So it was with George Osborne’s Autumn Statement, which maintained the Chancellor’s commitment to using public sector spending on infrastructure to boost the economy. This intriguingly Keynesian way of thinking seems pretty seamless, especially while the memory endures of what happens when you use credit to grow the economy. But it rests on the assumption that there is a limitless supply of the right people to build things in the first place. The flaws in this way of thinking are already becoming evident with HS2, a project that continues to drain talent away from the rail network’s already disastrous investment programme. A growing number of voices are raised to point them out on other issues too.

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Over a third of UK workers are miserable at work and most plan to leave

Over a third of UK workers are miserable at work and most plan to leave 0

Hate jobOnly 35 percent of UK workers are happy with their job, and over a third (39 percent) admit that they feel miserable at work. In a new survey by Workwear Express  of over 1,000 people, just 14 percent said they planned to stay in their current job for the next year. This appears to be reflected in the amount of sickness they take, with 25 percent admitting that they’ve taken sick leave from work due to being so unhappy. Poor management was seen as the biggest contributor to an employee’s low sense of satisfaction at work, as just over 31 percent of those polled agreed that being badly managed was their biggest issue in the workplace. However, having a heavy workload was a close second, with 29 percent of people citing this as the reason for their unhappiness. A third (35 percent) of those polled said that Monday was the most miserable day of the week to work.

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Northern Powerhouse office market showing strong performance levels

Northern Powerhouse office market showing strong performance levels 0

Manchester city centre

When the Chancellor of the Exchequer George Osborne announces the Spending Review today, he’s likely to mention the Northern Powerhouse, the programme to rebalance the UK economy by pushing growth in England’s northern cities. His vision of this form of one nation conservatism may have helped to increase occupier and investor confidence across the Northern Powerhouse office markets, as illustrated by the Northern Powerhouse Office Market Report 2015/16, published by Lambert Smith Hampton (LSH). It shows strong performance across the eight key markets so far in 2015 – with combined take-up expected to reach 5.2m sq ft by the end of the year compared with 4.6m sq ft in 2014. Manchester city centre is leading the way and is on track for a record year, with almost 1.4m sq ft of office space expected to be let or sold by the end of 2015 – well above the 10-year annual average of 966,000 sq ft.

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Employers get flexible as retirement age for baby boomers draws closer

Employers get flexible as retirement age for baby boomers draws closer 0

RetireNearly three quarters (74 percent) of finance directors are concerned that the skills gap resulting from widespread retirement of baby boomers will have a negative impact on their organisation over the next two years and an even higher proportion (77 percent) say that the departure of older workers will have a negative impact over the next five years. The new research from Robert Half UK reveals that UK employers are anticipating a significant skills gap when baby boomers retire over the next two to five years and are already taking steps to mitigate the risk.  Baby boomers represent a bulge in the workforce that will soon be at retirement age so not only will employers need to consider the impact of the skills shortage that this mass-departure will create, but they will also have to accommodate different demands and expectations from younger Generation X and Y workers coming to replace them.

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Remote workers endure poor communications and working practices

Remote workers endure poor communications and working practices 0

Poor communciation within remote teamsPoor communication and working practices among remote teams is widespread, a new report by the Institute of Leadership & Management (ILM) claims. Organisations are failing to capitalise on the potential for remote working to improve performance and efficiency with 88 percent of remote workers struggling with inconsistent working practices and miscommunication, while 83 percent feel overwhelmed by emails. Although 84 percent of remote workers report improvements to their work-life balance, a lack of team identity can cause isolation and loneliness. The study with over 1,000 remote workers highlighted a range of potential benefits for organisations with a remote or geographically-dispersed workforce, including increased business reach, improved productivity, cost and time savings, and access to a more diverse set of skills and experience.

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