Search Results for: workplace

Financial sector is rationalising real estate to remain in London

Financial sector is rationalising real estate to remain in London 0

City of London real estateA relentless drive to cut costs is forcing financial services occupiers to focus on reducing real estate costs and adopting strategies to use their space more efficiently in Central London. According to research from CBRE there has been an ongoing move by big banks to relocate non-core functions outside of Central London, as seen in HSBC’s decision to move 1,000 head office staff from London to Birmingham. However despite the inherent challenges, banks continue to cite client needs, recruitment, profile and presence as key reasons to keep office space in the Capital. This is reflected in last year’s leasing figures with banking and finance occupiers leasing 3.2m sq ft, 4.9 percent above the 10-year average. There are a variety of compromises companies may make as part of rationalisation strategies to maintain their position in London. Consolidation is an ongoing trend. But it is not a one size fits all approach.

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Large scale study finds link between mental health and workaholism

Large scale study finds link between mental health and workaholism 0

workaholismA new large scale study from Norwegian researchers finds that workaholism is closely associated with a range of mental diseases and psychiatric disorders. Although the link has been the subject of speculation and study, the authors claim that the new research is one of the few large scale, academic studies into the subject and so comes up with unequivocal results. The study of  16,426 Norwegian subjects in The Relationships between Workaholism and Symptoms of Psychiatric Disorders found that workaholism is significantly related to psychiatric conditions such as adult ADHD, OCD, clinical anxiety and depression. The web-based survey assessed the mental health and workaholic characteristics of subjects and used statistical analysis to establish a correlation. It concludes that while disorders can be put in part down to demographic and other factors, the ‘correlations between workaholism and all psychiatric disorder symptoms were positive and significant’.

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Why the greatest places to work are also safe by design

Why the greatest places to work are also safe by design 0

google-canteen_1An effective workplace is one that helps employees to feel relaxed, motivated, and safe. From my point of view, the latter is especially true. I believe that health and safety becomes a lot easier when it is built into the fabric of the building itself. The Google workplace has been praised for its great design, and it’s easy to see why. Alongside the eccentric features and the myriad of differently styled rooms is a serious commitment to the wellbeing of its employees. The design of the Google canteen (above) means that sugary snacks are stored in translucent containers at the back, but healthier options such as fruits and nuts are stored in transparent containers at the front. The idea is to encourage employees’ to be healthy using workplace design. This is just one example a company that has built safety and health into the fabric of their building rather than absent-mindedly forcing it upon the workplace as an afterthought.

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Insight weekly for the week of 27 May 2016 is now available to read online

Insight weekly for the week of 27 May 2016 is now available to read online 0

Insight_twitter_logo_2In this week’s Newsletter; Adrian Lewis on how we all need the “right to disconnect” from the workplace; Mark Eltringham says reminds us that Millennials are not the only people at work; and argues that the death of the office is a myth. The opening of the world’s first 3D printed office building in Dubai; there’s a gap in expectations between employers and employees on flexible working; despite the ability to work anytime, anywhere being key to job satisfaction. Employers advised to do more to leverage high rates of internet access; many European workers still believe that fax machines are essential business tools, and a significant proportion of businesses are still not giving staff the IT support they need to work remotely and flexibly. You can download our Insight Briefing, produced in partnership with Connection, on the boundless office; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Gallery: World’s first 3D printed office opens in Dubai

Gallery: World’s first 3D printed office opens in Dubai 0

efb98403-799e-4b39-8023-8cd62d9a5222The Government of Dubai has announced the opening of what it claims is the world’s first 3D printed office building, a project it first unveiled last Summer. China may take issue with them on that claim but the announcement marks yet another step in the development of the construction process towards mainstream use. The Emirate is using the 250 sq. m. Museum of the Future building as an example of how the UAE can lead the world in 3D building technology.  A 3D printer took 17 days to print the building using a modified cement material in layers. The total cost of the print was US$140,000 excluding interior fit-out and furnishing. The developers also claim that there was  a 50 percent saving on labour costs as the project only involved 18 people on site, mostly electricians and engineers. The design claims to achieve ‘a shift from the traditional form of work environments and provide greater opportunities to stimulate innovation and communication between workplace teams.’

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Canary Wharf bucks London’s Brexit office market slow down

Canary Wharf bucks London’s Brexit office market slow down 0

Canary WharfCanary Wharf has outperformed the Central London office market during the past 12 months, with rental growth reaching 26.7 percent, ahead of Mayfair and St James’. It seems Canary Wharf’s high quality purpose built space, coupled with its relative affordability when compared to the rest of London, has helped attract significant deals in recent months. The most notable deal during Q1 was Thomson Reuters take up of 300,000sq ft in St Martin’s 5 Canada Square. Faisal Durrani, Cluttons head of research, explained, “It was only a matter of time before the area began to draw in occupiers, particularly from the City and City fringes. It’s a market that has undersold itself and its full potential is yet to be realised but we may be approaching a significant turning point in its attractiveness. In recent months, the Central London market has experienced Brexit nervousness and general settling of the market but Canary Wharf has bucked this trend.”

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Digital mobility to work anytime, anywhere is key to job satisfaction

Digital mobility to work anytime, anywhere is key to job satisfaction 0

Mobile workersIn a further nod to the growing relevance of flexible working, the ability to work anytime, anywhere is now key to job satisfaction with well over a third (38 percent) of employees in a global survey rating this as the number one factor, with the UK (43 percent) scoring this the highest. According to the “Mobility, Performance and Engagement” report from the Economist Intelligence Unit (EIU) and Aruba, employees in Western countries report themselves to be happier in their jobs, more loyal to their employers and more productive in their work compared to their counterparts in Eastern markets. When it comes to securing loyalty, the ability to hot desk was seen as paramount by many employees, notably in Singapore (37 percent), UAE (31 percent) and the US (34 percent), while the ability to collaborate with other employees was the number one choice for employees in Germany (43 percent), France (37 percent) and Japan (35 percent).

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Two in five managers oppose employees working from home

Two in five managers oppose employees working from home 0

Costs of homeworkingFlexible working may be growing in popularity among employees but there is evidence of a gap in expectations between employers and employees on where work should take place. A new report from Randstad found that only around a third of UK employees (35 percent) still want to work in the office every day of the week, with a majority (62 percent) wanting the option of working from home. Employers it seems feel very differently, as a report by Cornerstone OnDemand and IDC reveals that cultural attitudes are a major obstacle for the full acceptance of flexible ways of working, preventing employers from viewing it as a legitimate work practice. Two in five line managers (40 percent) admit that they do not want their employees to work from home, and crucially, even if a company facilitates remote working, bosses’ attitudes are keeping their employees in the office, with just 13 percent of employees actually choosing to work from home when given the option.

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Urban Millennials are worried about the same things as everybody else

Urban Millennials are worried about the same things as everybody else 0

MillennialsThe acid test for any survey of the attitudes and experiences of Millennials is whether you could replace its findings with those for another generation and come up with broadly the same results. The answer is very often ‘yes’, which can generally be explained by pointing out that, contrary to what you may have heard, Millennials are people too and not the Midwich Cuckoos. So, here we have a survey from an organisation called YouthfulCities which claims that Millennials living in the world’s major cities are concerned about the high cost of housing, employment opportunities, inadequate infrastructure, crime and their personal happiness. Just like everybody else then. Except that the conclusion the survey draws is that cities need to become more ‘youthful’. Presumably in exactly the same way that office occupiers are routinely told that they need to create youthful workplaces, which is not only patronising to Millennials but also ignores the fact they’re not the only people there.

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Limited budgets greatest challenge to wellness programmes at work

Limited budgets greatest challenge to wellness programmes at work 0

wellness at workSixty-five per cent of respondents in a new survey across Europe, the Middle East and Africa claim that stress and mental health are the health and wellness issues they are most concerned about. Fifty-three per cent say that employees’ physical health is the biggest issue, while unhealthy lifestyles are judged to be the biggest issue by 49 percent. However, according to the study from Aon, only 32 percent of employers have emotional or psychological health programmes in place and 69 percent say limited budgets are their biggest challenge. While 93 percent of employers see a correlation between health and employee performance, just 13 percent of respondents measure outcomes of health strategies. The findings pinpoint areas for improvement and make recommendations to increase health benefits take-up, improve measurement on the impact of health initiatives and to maximise the return on investment that firms make in employee health.

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An out of hours email ban and why we all need the ‘right to disconnect’

An out of hours email ban and why we all need the ‘right to disconnect’ 0

Working late at homeThe recent announcement from President Francois Hollande’s Socialist Party that they plan to give French employees the “right to disconnect” by pushing through measures for an email ban out of hours has been the subject of great debate. Although many commentators have argued the need for employers to encourage people to ‘switch off’ when they aren’t in work, to date there have been no legal guidelines on this specific issue, despite several negative reports about modern technology blurring the boundaries between home and work, which some claim is creating a stress epidemic. In the UK, the Working Time Regulations specify that no worker should work more than 48 hours per week. However, there has been no case law as to whether or not checking work emails outside working hours would fall within this limit – and many UK staff check and respond to work emails outside work hours, even on holidays.

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New standard for building wellbeing launched in US

New standard for building wellbeing launched in US 0

wellbeingIf you’re still confused about the proliferation of green building standards worldwide, then brace yourself. A new standard that seeks to measure the wellbeing inducing characteristics of a building has been launched as a counterpart to the WELL Building Standard developed by the Green Building Certification Institute and the International WELL Building Institute. The new standard is called Fitwel, was designed by The Centers for Disease Control and Prevention and the General Services Administration and is overseen by the Centre for Active Design. The standard uses a scorecard that ranks buildings on over 60 criteria such as indoor air quality, fitness facilities and lobby and stairwell design. According to its proponents these criteria apply well-established scientific principles to address seven characteristics of a healthy working environment. The standard is very much a product of the US public sector at this stage and was piloted in 89 federal buildings during 2015. Its full launch is scheduled for next year. Image: Gensler / Hedrich Blessing