4 Workplaces where you should still opt corporate tie

Fashion by its nature is a constantly evolving field and the suit and tie have seen many changes no different to any other type of clothing. However, it is a pretty undeniable fact that ties have fallen out of popularity in recent years.

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Top 5 factors to consider before investing in Stocks

The stock market has always offered great potential for growth over the long haul, which made it an attractive investment opportunity for many. It usually helps investors diversify their portfolio by allowing them to buy shares in more than just one company. Stocks can also be a lucrative investment even in tumultuous market conditions. Find out below which are the top 5 factors you need to consider before investing in stocks! Continue reading “Top 5 factors to consider before investing in Stocks”

Expensive UK renovations: how much is invested into business refurbishment projects?

Expensive UK renovations: how much is invested into business refurbishment projects?

The interior design and functionality of a building have great effects on the people within it. From a consumer perspective, shop features such as colour and floor plan can impact on sales, while an employee’s rate of productivity may decrease if they have to work in badly lit, uninspiring rooms.

In the UK, we’re big fans of renovating. According to the Interior Refurbishment and Fit-Out Market Report: 2014-2018, the sector was valued at more than £7.1 billion and across the country, businesses, hotels, public buildings and office spaces are continually being refurbished and updated to stay current and enhance the overall aesthetic.

But which are the most expensive refurbishment projects in the UK and why is the sector so important to us in the first place?

The importance of refurbishing

The refurbishment sector deals with a wide range of industries. From schools and department stores to hospitals and office spaces, all buildings require maintenance and updating at some point. But is there more behind the profitability of the refurbishment sector?

Particularly for the hospitality sector, a refurbishment isn’t just about the occasional booking of a cherry picker to deal with that overdue maintenance job, or updating the basics. In a world that’s increasingly digital, where deals are found in a heartbeat, hotels are finding that they need to do more than offer a comfortable room for their guests.

Big Hospitality notes that hotels are having to find new ways to stand out from the crowd, including new experiences and features such as workshops and tasting events. In order to host such events, the industry has had to increase their refurbishing spending; in 2016, the UK hotel industry had upped their expenditure on such ventures by 57%. For many, it isn’t a case of trying to compete with the cut-price world of online deals. Rather, they are seeking to stay competitive in terms of what they can offer.

The most expensive refurbishment projects

2018 has seen many expensive refurbishment projects begin, from football stadiums to famous clock towers. Randstad complied a list of the most expensive refurbishments of the year, the most expensive of which are:

  • Tottenham Hotspur’s new stadium — the 62,000-seater stadium was due to be finished in September this year, but has fallen behind schedule. The estimated cost of this new stadium is £750 million-£1 billion, and includes a 40m high Sky Lounge, premium seating with views of the players in the tunnel, an in-house bakery, a retractable pitch, and heated seats complete with USB ports.
  • Battersea Power Station Regeneration — estimated to cost £9 billion, the regeneration of this iconic part of London’s silhouette will see 250 retail units created, as well as an events venue and park. Plus, plans extend to create office spaces and 4,200 new homes.
  • Crossrail — the biggest addition to the London rail network in years, Crossrail is an east-west underground tunnel costing an estimated £14.8 billion. There are conflicting reports on how smoothly the project is going, however, with rail minister Jo Johnson saying in July that the project was over 90% complete and Crossrail stating they need more time.

Overhauling education

Beyond catering to customers, the UK is also seeing huge amounts of money invested into the future of its education. In particular, the University of Glasgow has begun a £1 billion expansion project of its grounds. With plans for a new business school, learning hub, and research facility, along with higher accessibility, the University’s huge refurbishment and development project is born from a hope to better support its research and post-graduate capabilities in the wake of the “two degrees” generation who feel a bachelor’s degree is no longer enough.

 

As we continue to see money poured in to refurbishment projects across every sector, we will no doubt see the facilities and experiences offered by the country grow.

 

 

Sources:

https://www.randstad.co.uk/job-seeker/career-hub/archives/most-expensive-construction-projects-in-2018_1418/

https://www.bighospitality.co.uk/Article/2016/09/19/UK-hotels-increase-refurbishment-investment-by-57-per-cent

https://www.mirror.co.uk/sport/row-zed/9-craziest-features-tottenhams-new-10335148

https://www.theguardian.com/uk-news/2018/aug/31/what-is-happening-with-crossrail

https://www.telegraph.co.uk/education/2017/02/16/university-glasgow-gets-green-light-1-billion-expansion-project/

https://www.glasgowlive.co.uk/news/glasgow-news/foundation-stone-laid-glasgow-uni-15254286

https://www.telegraph.co.uk/education/2017/02/16/university-glasgow-gets-green-light-1-billion-expansion-project/

Make Your Business Trip Stress-Free With These Tips

If you’re new to traveling to Scottsdale, Arizona on business, you probably want some tips to reduce the stress from your trip. Work travel can be stressful if you’re not well-prepared. That’s why it’s so important to plan things out as much as possible in advance so you’re able to relax more. Doing so sets the tone for the trip and helps you to overcome any challenges you’re faced with along the way.

The following list of tips and suggestions help you achieve everything you set out to do with greater ease. They’ll serve as a blueprint for your travels by allowing you to take a big picture approach to thinking things out and narrowing down the details of your plan. You’ll be able to check things off your to-do list effortlessly because you’ll have taken care of some of the hard work before leaving for your trip.

Stay at a Hotel That Treats Its Business Travelers Well

Among the best hotels in Scottsdale is the Andaz Scottsdale Resort & Bungalows. It serves as your home away from home while conducting business in Arizona. As a resort-style hotel, it offers premium amenities such as spacious rooms and expansive spa services. It also has meeting rooms which are perfect for working with colleagues, clients, and vendors onsite. Eliminating the commute from one location to another saves you time and is among the best stress-free tips you can implement into your travels.

The W Scottsdale is another upscale option. The hotel is great for younger business travelers who want to play as hard as they work. It has a fun, modern design and beautiful desert views. It’s also close to world-class shopping, nightlife, and other fun spots.

Other ideas that help improve the quality of your trip quickly include:

Bringing the comforts of home with you. 

Whether it’s a favorite pillow, a photo of a loved one, or your own personal choice for coffee, know that it’s the little things that mean the most at times. Although your hotel, if you choose the right one, has everything you need to enjoy a comfortable stay while visiting Arizona, it’s nice to have something that you’re familiar with to come back to after a long day of meetings or conferences.

Try to eat as healthily as possible.

Traveling long distances can take its toll on your body. Do your part to reverse the damage of sitting too long or feeling extra indulgent by drinking plenty of water and eating healthy meals that keep you going throughout the day. Taking advantage of the hotel’s breakfast is one way to have access to fresh fruits and vegetables. You may find that things such as granola and yogurt are offered, too.

Call ahead to make sure that you still have reservations.

It’s a standard practice that removes some of the stress that takes place when you’re forced to cancel and change plans. You’ll be well aware ahead of time if a mishap has happened. That way, you can work to take care of the issue before it becomes a bigger problem for you. It may be best to have a back-up plan for every detail of your trip just so that you have all your bases covered.

Enjoy a stress-free business trip experience going forward. You now know exactly what you need to do to make it happen. By applying the tips listed above, you’re able to achieve smoother travel and transactions in Arizona as well as anywhere else you choose to journey to. You won’t be left scrambling to change your plans or make last minute reservations. Instead, you will be calm, cool, and collected at every stage of your trip.

How the retail industry can help to reduce unemployment

The government is constantly discussing and revising its approach to the question of unemployment. Less people out of work means fewer people claiming job seekers allowance and a rise in overall disposable income, both advantages for the state of the economy. With the closure of high street stores set to continue in 2019, and retail workers facing the highest levels of unemployment, it’s important that successful retailers do what they can do reduce unemployment in the industry — but how? Continue reading “How the retail industry can help to reduce unemployment”

Chill Insurance secures Aaran Insurances acquisition

Online insurance broker Chill has announced the acquisition of Dublin-based broker Aaran Insurances. Chill, which has annual revenues of nearly €24 million (£20.7 million), has been experiencing considerable growth – and this latest move is designed to help further strengthen its market share.

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How businesses are helping to support mental well-being in the workplace

How businesses are helping to support mental well-being in the workplace

‘Leave all your personal problems at work’, is often a phrase thrown around in a professional albeit casual sense, but it’s not as easily said than it is done, as shutting one’s personal problems out completely from a potentially stressful environment is something we all wish we could do.

Mental health has a much higher and prominent profile than it did a generation ago, but the job it far from done. Despite progress, too many employees continue to suffer in silence due to the occupational stigma that could be the barrier that prevents them from fulfilling their potential through fear of prejudice and exclusion.

For those that work 9-5, Monday to Friday, that’s around 25% of our lives spent at work, so it’s bound to catch up on those suffering in silence. However, more efforts are being rolled out in the workplace to ensure that workers’ mental health is as good as it could be.

Positive improvements

According to the mental health at work report 2018, 71% of employees say they have the confidence to recognise the signs of poor mental health, which is an increase of 7% from 2016.

45% of employees believe that their organisation does well in supporting those with mental health issues, and although this has risen from 40% in 2016, that is still less than half of the workplace that actively feel supported in their roles.

Rising from 22% in 2016 to 30% is the number of line managers who have taken part in mental health training as part of their work, which reduced figure could have a knock-on effect on the other statistics.

Having a mental health champion

This doesn’t have to be a dedicated person whose sole purpose is to function as the go-to person for all things mental health, it could be a another role the HR man/woman has on top of their job.

According to MIND, the mental health charity, more than one in five people (21 percent) have called in sick to work to avoid the stresses of the workplace, with 14 per cent resigning from their roles. Which is a large chunk of staff affecting business as a whole. Employees can feel safe in the fact that there is a neutral person within the business they can talk to about any

Communicate more

In the digital world, offices can be sucked into the technological bubble, and this could come in the form of ditching more real-life conversations for email chats. Getting up out of your seat and chatting to the person who you were going to email a little note to will release the necessary endorphins to relieve stress and will actually be more efficient.

They aren’t just colleagues, they’re team mates, who can offer a valuable pool of support so it’s essential to dedicate time into cementing those relationships and connections. Maplewave, a business intelligence consultancy in Canada, get together at the start of the day to throw personal and work problems on the table before employees offer ways to conquer them, this not only boosts teamwork and communication but also clears any problems that may get in the way of efficient work.

Accept things going wrong

One of the worst things to do is sit and sulk over something you can’t change, it is literally wasting time. It’s inevitable that things will go stray from the track from time to time, accepting these obstacles and getting over them is how we learn and progress as humans.

Heavy traffic causing you to be late for a meeting, an event falling flat, these are the things that builds stress in employees, and they’re frame of mind won’t be in a productive place. Shifting the focus from stressing your mind to focusing on the positive things you can change won’t only help you be more productive but will also leave you feeling calm and composed when it matters most.

Sources

https://wellbeing.bitc.org.uk/system/files/research/mental_health_at_work_2018_-_summary_report-compressed.pdf

https://www.healthista.com/10-ways-improve-mental-health-work-peoples/

http://www.hse.gov.uk/stress/mental-health.htm

https://www.mind.org.uk/workplace/mental-health-at-work/

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