Powering Change In The Workplace | The Battle for Talent in the Modern Workplace

The Battle for Talent in the Modern Workplace

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Posted 11 September 2018 11:17:00 BST | By Admin

A great workspace design should never be underestimated – the impact can go beyond the immediate environment, with a far-reaching effect upon the workforce, productivity levels and the image your business can generate. As we become more aware of these outcomes, and how to achieve them with design and layout, the modern workspace quickly becomes the frontline in the battle for talent management, employee engagement and productivity.

62% of British business leaders feel workplace layout is effective in talent retention

Talent Management

Both attracting and retaining the right talent for your business can be incredibly tricky, particularly in today’s competitive job market. With the cost of living high, salaries are obviously important, but considering many businesses are still recovering from the last global financial crisis, many have begun to consider other components of job offers, such as working environments and working styles, as important.

Millennials are more likely to look for roles within workplaces that have strong design aesthetics

There has also been a shift in expectations, as different generations enter the workplace. The Modern Workplace Report 2018 found that millennials are more likely to look for roles within workplaces that have strong design aesthetics, and that millennials also look for competitive packages – which could include the improved work/life balance that flexible working can provide.

"Office design has become one of the key points of the talent agenda, and if employers can offer a great office environment, then it could play a part in potential candiates selecting their business" Professor Jeremy Myerson, Office design expert from the Worktech Academy, speaking on the "Making it Big in London" episode of London Live.

The Modern Workplace Report 2018: People, Places & Technology - the state of  the current workspace, working environment trends, issues surrounding meeting  management and the rise of agile working

Quora-blog-image---battle-for-talent

Employee Engagement

The Modern Workplace Report found that many businesses are placing increasing importance on involving employees in the feedback process when it comes to designing the work environment. And globally business leaders are reporting the workplace layout has a positive effect on promoting employee wellbeing, with 76% of American and 54% of British business leaders agreeing office culture is important to their overall recruitment strategy

"Fully engaged people create great business impact" Paul Carder, Occupiers Journal Limited

The report also found that there has been a significant increase in the amount of organisations using reporting and measuring devices, such as wearable tech or sensors, to monitor exactly how spaces are used. This information is used effectively to improve the engagement of employees across the workplace, ensuring maximum impact.

"Employee engagement is an investment we make for the privilege of future proofing our organisation’s productivity and performance.” - Ian Hutchinson, Chief Engagement Officer, LifebyDesign and author of People Glue

Flexible working styles are being encouraged with new office design, and in turn, this agility is encouraging levels of employee engagement and collaboration. Condeco found that 69% of respondents to the Modern Workplace Report 2018 claimed that flexible working has had a positive impact upon levels of collaboration in their workspace.

Productivity

We all know that productivity is the ultimate goal of any workforce, and it’s something many business leaders spend a large amount of time (and money) chasing. The Modern Workplace Report saw that business leaders claimed a 64% increase in productivity in businesses that have adapted to more flexible working styles.

Clearly, flexibility is a tool that can help business leaders find the right balance of talent, employee engagement and productivity to not only get the best from their workforce, but attract the best possible talent.

The Modern Workplace 2018: People, Places & Technology Report
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