Search Results for: workplace

November 11, 2015

Record construction of London office space, but supply shortfall remains ⁰

by Sara Bean • Facilities management, News, Property

Demand for office space in London continues to overwhelm its availability and in spite of record levels of construction, according to two new reports. The latest CBRE Monthly Index claims that rents in Central London’s booming office market grew by 10.3 percent in the year to October 2015, the first time annual growth has hit double digits since April 2008. Despite rapidly rising rents, take-up of offices in Central London continues to outpace the 10 year average. The capital saw 1.1 percent growth in October, with 3.6m sq ft of space snapped up by businesses in the third quarter of 2015, with a further 3.8m sq ft currently under offer and expected to complete before the end of the year. Change could be on the way however as the latest biannnual London crane survey from Deloitte claims that the amount of office space being built in central London has risen by a fifth in six months, the highest level for seven years.

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November 10, 2015

Research reveals the main reasons why people still go to work when ill ⁰

by Neil Franklin • Flexible working, Knowledge, News, Wellbeing, Workplace

High job demands, stress and job insecurity are among the main reasons why people go to work when they are ill and should probably stay home, according to new research from the University of East Anglia. The study sets out to improve understanding of the key causes of employees going to work when sick, which is known as one of the main forms of presenteeism, and to help make managers more aware of the existence of the phenomenon, what triggers the behaviour and what can be done to improve employees’ health and productivity. A key finding of the study, published yesterday in the Journal of Occupational Health Psychology, is that presenteeism not only stems from ill health and stress, but from raised motivation, for example high job satisfaction and a strong sense of commitment to the organisation. This may motivate people to ‘go the extra-mile’, causing them to work more intensively, even when sick.

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November 10, 2015

Employers have dodged UK recruitment crisis threat, claims CIPD ⁰

by Sara Bean • News, Workplace

Salaries are not likely to increase much next year, and despite predictions of a recruitment shortage, vacancies are still relatively easy to fill, the latest Labour Market Outlook from the CIPD claims. The quarterly survey of more than 1,000 employers shows that across all sectors just fifteen percent of current job vacancies are proving difficult to fill. It also reveals that, outside a limited number of industries, UK employers continue to be able to recruit the workers they need without significantly hiking wages and that median basic pay rises of just 2 percent are predicted by employers in the 12 months to September 2016. The research suggests that in general, most businesses are seeing a steady flow of suitable candidates, despite unemployment falling to a seven-year low in October and despite a slight year on year increase (44 percent – 49 percent) in the number of employers reporting any hard to fill vacancies.

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November 9, 2015

Last chance to book next week’s Worktech London at a discounted rate ⁰

by Mark Eltringham • Events, Facilities management, Flexible working, News, Technology, Workplace design

In just over a week’s time, Worktech, the international conference series on the future of work, workplace and technology will return to Level 39 – Europe’s largest technology accelerator space. The event will bring together over 350 of the biggest and brightest names to debate, discuss and divulge the latest thinking on the future of work. Companies booked to attend include ANZ, AON, Allen & Overy, Arup, Barclays, Cabinet Office, Catlin, Central Working, Cisco, Deloitte, Deutsche Bank, Diageo, Discovery, Ebay, EE, Ernst & Young, GlaxoSmithKline, Goldman Sachs, IKEA, ITV, International Group for Environment and Development, Kings College London, Lenovo, McKinsey, Microsoft, National Grid, Royal Bank of Scotland, Schroders, Sonos, UBS, Vasakronan and Vodafone. Worktech15 takes place on 17th and 18th November and Insight readers can enjoy discounted tickets.

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November 9, 2015

Business success is progressively less related to employment levels ⁰

by Mark Eltringham • Comment, Technology, Workplace, Workplace design

If you want to understand exactly how the economy has changed over the last few decades, one of the most important statistics is also one of the least remarked upon. It is the growing disconnect between a firm’s earnings and the number of people it employs, a statistic that puts paid to the lie that people are an organisation’s greatest asset. Once upon a time, of course, there was a direct correlation of one sort or another between the a firm’s revenue and the number of people it employed and consequently the amount of space that it took up. This was especially true for the world’s great manufacturers and other industries engaged in what was once proper work; moving, creating, destroying and maintaining things. Growth and success meant more employment and more space. There were economies of scale but the upshot was more or less an arithmetic progression in employment based on earnings.

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November 9, 2015

Non-death of the office + Property owners lag behind + New issue of Work&Place ⁰

by Sara Bean • Insight Briefings, Newsletter, Property, Wellbeing, Work&Place, Workplace

In this week’s newsletter; Philip Ross says the main driver of the growing convergence of HR, IT and FM roles will be the availability of data to make informed decisions and Mark Eltringham gives a number of reason why office has an enduring appeal. In news; HR guru Cary Cooper warns about the deleterious effects of email on productivity and wellbeing, a third of home workers fear they’ll get fat, commercial property owners are not keeping up with tenant’s needs and the launch of a new study to develop a prototype UK scheme that mirror’s Australia’s ‘design for performance’. You can also download the new issue of Work&Place and access our first Insight Briefing, produced in partnership with Connection, which looks at agile working in the public sector. Visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories

November 6, 2015

Shortage of German office space as demand in Europe reaches record high ⁰

by Sara Bean • Facilities management, News, Property

The demand for office space in Europe grew over the third quarter of 2015 with total take up of over 3 million sq metres, on a par with the previous third quarter peak seen in 2007, according to new figures from property consultancy JLL. Take-up over the third quarter of 2015 is the highest on record – up 29 percent year-on-year and full year volumes are forecast to reach 11.5 million square metres, an increase of 8 percent on 2014. Across the continent, demand for office space is being driven by multiple markets recovering, albeit at varying speeds. Germany demonstrated some of the strongest results in Europe. Four of the five largest markets improved on Q3 2014 and Berlin, Hamburg, Dusseldorf, Frankfurt and Munich reported a combined take-up of 775,000 sq m, as the strong employment market in Germany pushes up demand for office space even further.

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November 6, 2015

Email overload draining your productivity? Let your tech answer for you ⁰

by Mark Eltringham • News, Technology, Wellbeing, Workplace

At this week’s CIPD conference in Manchester, HR Godfather Cary Cooper used his keynote address to highlight the deleterious effects of email on productivity and wellbeing. He once more highlighted how email remains the single most substantial drain on people and called on the serried ranks of managers to take up arms against our overstuffed inboxes. No doubt he now welcomes the news that one tech company is determined to become the solution to the problem, even though they’re also the cause of it. Google have launched a system called Smart Reply for Gmail users which uses a ‘deep neural network’ to analyse incoming emails and suggest three likely replies to mobile users to choose from, enabling them to respond quickly and without expending too much energy. Responses are not based on any insight into the user’s own preferences, but what the system considers likely as a general rule.

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November 5, 2015

Data transforms the roles of offices and the people who manage them

by Philip Ross • Comment, Facilities management, Technology, Workplace

The modern workplace creates the physical,technological and cultural point of intersection between a number of abstract or movable facets of the business, including people, technology, culture and creativity. That has always been true to a large extent but with the growing complexity of exactly how, when and where we work, this role of the office as the epicentre of it all has been thrown into sharp relief. With that has come a greater understanding of the intersections that exist between disciplines such as IT, FM and HR. In some areas, the roles already appear indistinguishable and I believe this will only become more apparent. The main driver of that growing convergence of roles will be the availability of data to make informed decisions about interrelated aspects of organisational culture, work practices, office design and management and the development and motivation of individuals.

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November 5, 2015

Design for performance study looks to improve energy performance ⁰

by Sara Bean • Architecture, Environment, Facilities management, News

Developers, owners and occupiers of buildings might expect that compliance with regulations will produce a building that is energy efficient in operation and well on its way towards the 2020 nearly-zero energy target mandated by a European Directive. In practice, the actual performance of most buildings falls well short of the design intent – the so-called performance gap. In Australia, this chronic problem has been eliminated for new office building projects in which clients and their teams sign up to – and then follow – a “Commitment Agreement” protocol to design, construct and manage their buildings to achieve agreed levels of actual in-use performance. Now with the backing of the Better Buildings Partnership, a four month study to develop a prototype UK scheme which embraces Australia’s ‘design for performance’ approach has been launched by a team led by Verco and including BSRIA, Arup and UBT.

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November 5, 2015

Lacklustre recruitment processes can lead workers to turn down jobs ⁰

by Sara Bean • News, Workplace

A third (34 percent) of UK workers have changed their mind in the last two years after accepting a job offer, choosing not to go ahead with the new role. Research from Office Angels, analysing the effectiveness of recruitment processes in the post-recession economy, found that nearly half (48 percent) of workers have received multiple job offers at the same time in the last 24 months. At the point of resignation, half (50 percent) received a counter offer from their existing employer. The research asked both hiring managers and job seekers their views on what makes an effective recruitment process. Almost all (96 percent) of workers view the speed of a job offer as a decisive factor when choosing between job opportunities at competing companies, two-fifths (41 percent) stated the most important part of being successfully recruited was a clearly defined recruitment process and 28 percent of workers consider cultural fit in making a decision.

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November 4, 2015

Commercial property owners not keeping up with changing needs of tenants ⁰

by Mark Eltringham • Flexible working, News, Property, Workplace design

A new study from Northumbria University, sponsored by serviced office provider Citibase, claims that the owners of commercial property in the UK stand to lose out on £4.8 billion over the next decade because they are failing to adapt to the changing needs of tenants for more agile spaces. The study claims that property owners in 27 towns and cities in England, Wales and Scotland are already missing out on £325 million annually and paying out another £170 million on holding cost and there are stark differences between the prime and secondary office sectors. The report, Taking Stock: Secondary opportunities and the agile future, claims that out of all total empty stock calculated, only 10 percent of vacant office space is prime, the other 90 percent is secondary. The secondary sector currently has an estimated 26.4m sq ft of office space vacant compared to just 3m sq ft of empty stock in the prime market.