Opinion-in-brief: hybrid work should become part of company culture October 6, 2021 The past 18 months have been extremely transformative for our working lives. They have poked holes in the rigid tradition of presenteeism and prompted companies to explore new ways of working. With the return to London’s office, companies are under pressure to prove they’ve learned their lessons. Spaces are being repurposed to foster better in-person [...]
Wework narrows losses amid hybrid working shift August 13, 2021 Office sharing startup Wework narrowed its losses in the second quarter as companies increasingly turn to hybrid working strategies after the pandemic. Net loss slipped to $922.5m (£666m) in the three months to the end of June, down from $1.1bn in the same quarter last year. Revenue for the period was $593m, down from $882m [...]
Poor home connectivity risks “jeopardising” switch to hybrid working September 6, 2021 Uncertainty around how businesses should support staff with digital connectivity issues could undermine the UK’s shift to hybrid working, according to new research by the Chartered Management Institute (CMI) and CityFibre. The CMI/CityFibre polling of over 1,000 managers shows a significant appetite for long term flexible working arrangements, including at least some periods of home [...]
Hybrid working is here to stay: Young talent decline job offers that do not include hybrid options November 27, 2021 A flexible work culture is now a key consideration for most young workers when choosing a job. In fact, talented young people will not join companies that are inflexible about how their employees choose to work, a new study suggests. More than half of 18- to 34-year-olds surveyed by the business finance lender Sonovate said [...]
BDO: Hybrid working could bring a needed boost social mobility September 30, 2021 Hybrid working could boost social mobility in the UK, according to new research, as young people from disadvantaged backgrounds favour the pandemic-era model more than those who are wealthier. Over a third of those surveyed from lower-socioeconomic environments think hybrid working can give them a better work-life balance, 10 per cent more than 16 to [...]
HMRC hybrid working made permanent: 40,000 staffers given new devices November 15, 2021 HMRC has invested in nearly 40,000 laptops, tablets and phones in the last 12 months, and a total of 45,704 devices since October 2019, shortly before widespread remote working was introduced. The data revealed that new devices had surged by 366 per cent this year, when compared to the same time period for last year [...]
Army of virtual lawyers in UK growing rapidly as pandemic launches new era of hybrid working December 6, 2021 There has been a 38 per cent rise in the number of lawyers at ‘virtual’ law firms in the past year as the pandemic leads to a dramatic shift towards hybrid and flexible working arrangements, There are now 1,875 lawyers working for ‘virtual’ law firms, up from 1,355 a year earlier. This increase is even [...]
Exclusive: Calls to boost morale and productivity via hybrid working to unlock £55bn and 51,000 jobs January 13, 2022 The £37bn that is contributed to the economy annually through flexible working could be doubled if companies roll out more hybrid working options, according to new research, shared exclusively with City A.M. this morning. In fact, refusing to accommodate flexible working requests costs businesses £2bn a year, the report found, complementing a separate report from [...]
Hybrid working powers office provider IWG towards recovery August 10, 2021 IWG, a company that delivers real estate solutions for businesses, has made a modest financial recovery as hybrid working brings employees back to offices. IWG’s interim results show that while revenue across its centres has fallen by 10.4 per cent in the first half of 2021 compared to the same period last year, revenue has [...]
Hybrid working: Agile office, agile mind June 16, 2021 Hybrid working – formalising the relationship between company and home office – is the latest ‘new normal’ for professionals. Here’s how we can make sure mental health remain a priority across these two worlds. This article first appeared in ICAS’ CA magazine. The ways that we work have changed rapidly since the beginning of the pandemic. [...]