Search Results for: workplace

The global BIM market projected to reach $18.8 billion by 2024, report claims

The global BIM market projected to reach $18.8 billion by 2024, report claims

The global BIM market was valued at $3.6 billion in 2016, and is projected to reach $18.8 billion by 2024, growing at a compound annual growth rate (CAGR) of 22.9 percent from 2016 to 2024. This is according to the report Global Building Information Modelling Market. In 2016, the BIM software segment generated the highest revenue share of $2.7 bn, growing at a CAGR of 23.4 percent. Among major regions, North America is currently leading the BIM market with the revenue of $1.07 bn, however, Europe and Asia Pacific are expected to surpass the North American market by 2021. According to the report, the emerging countries of Asia Pacific and Europe will experience a steep growth in the market because of infrastructure developments. The rise in population and the requirement for new buildings and structures will lead to a hike in the growth of the market in countries such as India and China.

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Poor management driving nearly half of UK workforce to seek a new job

Poor management driving nearly half of UK workforce to seek a new job

Nearly half of the UK workforce (47 percent) will be looking for a new job in 2018, with nearly 1 in 5 people already actively searching for opportunities, according to new research produced by Investors in People (IIP) in their annual Job Exodus Survey 2018. These findings highlight an improvement in satisfaction across the UK job market according to IIP, representing a fall of 12 percent on last year’s figure, where 59 percent of respondents stated the intention to seek a new job. However, despite the reduction in the proportion of those considering a job move, there are still nearly 1 in 4 unhappy workers.

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Demand for office space in Central London continues to grow steadily but falls elsewhere

Demand for office space in Central London continues to grow steadily but falls elsewhere

A new study from commercial property advisors Savoy Stewart based on UK government data claims that demand for office space in Central London has continued to grow at a steady rate for a number of years, but that the trend is not always matched elsewhere in the UK, including for areas on the outskirts of the capital. The report, based on an analysis of data from the Valuation Office Agency, covers the period from 2000 to 2016. It found that the total floorspace of 21,092,000 square metres in Central London accounts for nearly one quarter of the total office floorspace in England and Wales (89,037,000 square metres) and more than twice the total floorspace of the top 10 office hotspots outside London combined.

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Hard working females under 35 most likely to join January job exodus

Hard working females under 35 most likely to join January job exodus

Hard working females under 35 most likely to join January job exodus

It probably doesn’t come as much of a surprise to learn that in the annual January ‘job exodus’, junior employees under the age of 35 years are most likely to leave their current roles, according to new research. However the Qualtrics Employee Pulse – a quarterly survey of more than 4,000 workers – shows that employees that pose the greatest flight risk are most likely to be female, think about work outside of contracted hours, and regularly checking emails on weekends. Of most use to employers, utilising its Experience Management Platform, Qualtrics has identified the top three drivers that will help encourage employees to stay in their jobs in the long-term. These are supporting a work-life balance, allowing employees to try out new tasks and skills in their existing role and ensuring managers are proactive in helping to solve problems or concerns in the workplace.

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UK commercial property volumes to exceed £50 billion for sixth consecutive year

UK commercial property volumes to exceed £50 billion for sixth consecutive year

Despite 2017 being a year of political surprises and, seemingly, never ending Brexit negotiations, both the UK economy and commercial property market have shown demonstrable resilience with transaction volumes reaching £55 billion. With recent announcements suggesting more certainty about the post Brexit relationship between the UK and the EU, renewed business confidence will increase demand for quality commercial real estate. Global real estate advisor, Colliers International, predicts that 2018 volumes will exceed £50 billion for the sixth consecutive year.

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Flexible space and smart tech to grow this year, while occupiers decide on Brexit

Flexible space and smart tech to grow this year, while occupiers decide on Brexit

Flexi-space and Smart tech to grow this year, while occupiers decide on BrexitThe proportion of flexible space within occupier portfolios will continue to increase in 2018; a growing adoption of technology will redefine buildings, workplaces and portfolios; and it will be a year of decision for many businesses regarding Brexit. These are among the ‘UK Property Predictions 2018’ report from JLL which covers a range of different topics, with a particular focus on UK corporate occupiers. The report claims that traditional static portfolio concepts are being redesigned to incorporate new formats of space, co-working and a more fluid and diverse range of space options that support creativity, innovation and collaboration. (more…)

We need to stop talking about self-employment as a monocultural phenomenon

We need to stop talking about self-employment as a monocultural phenomenon

Self-employment has grown considerably in the UK over the past 15 years, now totalling around 4.8 million workers, or 15 per cent of the workforce. There is a debate about the extent to which this growth in self-employment is a positive development: some believe that it is a positive feature of an entrepreneurial and flexible economy, while others fear that it is increasing levels of precariousness. This is a difficult issue to address as there is great heterogeneity among the self-employed workforce. In order to shed light on this, IES undertook research for the Centre for Research on Self-Employment (CRSE) to divide the self-employed workforce into segments. The policy debate on self-employment has often been carried out on the assumption that there is some homogeneity among the self-employed workforce. However, this is far from the case, and it could be argued that diversity is increasing due to the growth of the so-called gig economy. In order to help clarify the debate, IES undertook research for the CRSE that aimed to achieve greater clarity in terms of the size and nature of the different segments of the self-employed workforce. The aim is that if the sector is better segmented, this will help policymakers to avoid taking a broad-brush approach to the treatment of self-employed workers.

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UK commuters spend five times more on rail fares than European counterparts

UK commuters spend five times more on rail fares than European counterparts

British commuters face fresh rail fare increases as they return to work today (Tuesday), now spending up to 5 times as much of their salary on season tickets as passengers on the continent, according to new TUC research. Someone on an average salary travelling from Chelmsford to London will have to fork out 13 percent of their pay for season tickets (£381 a month). By contrast, comparable commutes would cost a mere 2 percent of the average salary in France, 3 percent in Italy, 4 percent in Germany, and 5 percent in Spain and Belgium. Meanwhile, the TUC claims that wages are set to grow by only 2.6 percent in 2018, while season tickets will go up by 3.6 percent – over a third faster than wages.

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Choices and expectations perpetuate higher education gap and gender pay gap, UCL research finds

Choices and expectations perpetuate higher education gap and gender pay gap, UCL research finds

Teenagers’ own career aspirations could be perpetuating both the gender pay gap and the higher education gap, a study from researchers at UCL Institute of Education (IOE) suggests. The new research reveals that, while teenage girls are more likely than teenage boys to have high hopes of going to university and having a professional or managerial occupation, when it comes to salaries it’s the boys who are aiming highest. The research team at the IOE’s Centre for Longitudinal Studies (CLS), analysed data collected from over 7,700 teenagers in the UK who are all part of the Millennium Cohort Study, a study which has followed their lives since they were born at the turn of the century. When they were 14, the teenagers were asked a series of questions to find out their future aspirations.

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Seven stories that got us thinking over the holiday season

Seven stories that got us thinking over the holiday season

Around the world in 80 architecture offices

If work dominated your every moment would life be worth living?

Ten years in and nobody has come up with a use for blockchain

The case against digital transformation

All the creepy, crazy and amazing things that happened in AI in 2017

The tyranny of competence: why it is bad for us to be ‘good enough’

The dangers of dark nudging

The world converges on the new issue of Work & Place

We have published the new issue of Work & Place Journal and it’s our biggest and best yet. Sponsored by Steelcase, Liquidspace and The United Workplace, the new issue will shortly be published in its Spanish language version. Its overall readership is now nearly 100,000 so it’s not just bigger and better, it is even more influential. I would sum up its core theme as convergence. The essential idea behind this is the lack of any sort of meaningful distinction in a traditional sense between the physical, digital and cultural workplaces. These were once pretty clearly demarcated spheres of personal and organisational influence. Their overlap and integration define the greatest puzzles we face in the workplace in the early 21st Century. Some of these are addressed in the features included in this edition of Work & Place. They include Despina Katsikakis looking at what the idea of flexibility means, Neil Usher gets back to basics with his take on the elemental workplace, Beatriz Arantes tears down the barriers to creativity, Christine Kohlert and Scott Cooper offer their take on creative work, Rob Leslie-Carter offers a considered perspective on the current status of artificial intelligence and automation and Aki Stamatis considers the right to disconnect that is now becoming a global problem with local solutions (more…)

Most US employees will work and stay in touch with colleagues during the holiday season

Over Christmas and New Year, 43 percent of US workers say they plan to take a holiday, and of that group, roughly half — or 21 percent of all workers — will completely disconnect from work. Meanwhile, 22 percent of workers will be taking a holiday but checking in with work via email or other means. These findings, from a poll of over 500 people from earlier this month claims that the majority of workers will be connected to their jobs over the holidays — either because they are not taking a vacation at all or because they will check in during their vacation days. US workers are more likely to say they plan to take holiday than they were when Gallup last asked the question, at the beginning of the millennium. The 43 percent of US employees who plan to take a break this holiday season is up from about a third of workers (34 percent) in 2000.

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