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employee wellbeing

7 Ways to Improve Your Employee Wellbeing Strategy

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The wellbeing of employees should be the priority of any employer. After all, the happier the employee, the more motivated and productive the employee will be. An employee wellbeing strategy will not only help grow the success of your business in the long run, but it can also relieve potential mental health issues including stress and anxiety for everyone at work.  

There are several things you can do to improve employee wellbeing strategy, so it’s time to start paying attention to what you should be doing to help out your workers today. Many companies have already started to shift towards constructing a healthier and happier environment for their employees to build a stronger team. To do this at your own company, take a look at the suggestions below to create a better employee wellbeing strategy.  

Your Employee Wellbeing Strategy

1) Encourage Mindfulness Activities  

Mindfulness is a great activity to practice daily. It can relieve stress and anxiety, helping us to cope with everyday life. By being mindful employees can shift their concentration to the present moment. This reduces the potential of them feeling overwhelmed.

This is particularly effective for those in high-demanding jobs. Practising mindfulness is something that businesses should be encouraging. Having time to reflect at work can help employees to feel better in the long run. This will help them to destress when dealing with a full-on workday.

2) Invest In a Better Office Space  

Switching up your office space can be a welcome change for employees and, as a result, improve their sense of wellness. Consider moving to a new office space that offers better amenities for staff such as gym facilities and wellness rooms. Working in an uninspiring office space can impact your employee’s mental health and wellbeing.  

If your office space is lacking elements that could improve wellness at work consider upgrading your space. An office move can benefit everyone and bring your employee wellbeing strategy to life. If you’re not sure where to start in finding a new property, it’s worth leaving it to the experts.  

At Victor Harris, we can make your transition to a new office space as smooth as possible. With our market-leading technology and decades of experience, we ensure that your hunt for the perfect commercial space can fulfil your needs. 

View our office search to see how we can help you! 

employee wellbeing

3) Raise Awareness of Mental Health  

In this modern age, there has been increased awareness of mental health. Workplaces should develop to help workers target their problems and overcome them to have an improved sense of wellbeing.  

According to the OECD, the impact of ill mental health is costing the UK more than £94bn every year. Helping employees to copy with anxiety is emerging as one of the top priorities for HR leaders. Positive emotions such as creativity, compassion, and empathy only thrive when a person is feeling positive about their wellbeing. This means that you should be addressing issues within your company that prevent employees from feeling their best.  

Therefore, anxiety and other mental health issues should not be ignored. Raising awareness of problems is the first step to take towards dealing with these problems. So, wellness at work can certainly contribute to helping employees perform better.

4) Have Open Discussions

Engaging in open discussions at work can improve employee wellbeing by allowing employees to feel as if their voices are being heard. This helps them to feel like they have value. These open discussions can target and tackle any issues that workers are struggling to cope with in order to boost productivity in the long run. After all, if your employees are struggling to deal with their wellbeing, they probably won’t be carrying out their duties to the best of their ability.  

5) Recognise Efforts and Give Praise  

No one likes doing work only for their efforts to be ignored. Acknowledging and rewarding efforts is a great way to boost motivation, show your employees that you care about them, and enhance wellbeing. Praise can be in the form of cash bonuses or simply just saying ‘well done’. No matter how small your act is, showing appreciation for work can make your workers feel valued as part of the team.  

6) Encourage Breaks and Days Off  

Everyone needs a break every now and then. Time out and time off for relaxation can take employees out of their daily stresses and anxieties, helping them to reflect and re-energise. This will help them perform better at work in the long run. Having the reward of a day off can really help to increase wellness at work, keeping employees motivated and fulfilled in their needs.  

7) Improve the Office Environment  

Creating a welcoming office environment will motivate workers to complete their weekly tasks to a higher standard. This is especially true if they are responsible for carrying out important tasks in these surroundings. A dreary office can significantly impact well-being.  

Furthermore, having an environment that also supports wellbeing can be an asset. Consider dedicating a room to relaxation, reading and maybe even yoga. You should also adopt a space with plenty of natural light since this can improve health, mood, and even sleep. If you can’t create structural changes to your office space, investing in natural lightbulbs is still a small change that can have a huge positive impact on workers’ emotional health.  


Implement Employee Wellbeing Protocols for Wellness at Work

Your employee wellbeing strategy is an important asset to your culture and overall growth. On average, employees serve a longer tenure at companies that understand the importance of wellbeing. The well-being of your employees is integral to the success of your business. By taking care of your employees’ needs, you begin to operate on a more human level and create a happier working environment for all.   

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4-day work week

The 4-Day Work Week: Pros and Cons

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Estimated reading time: 5 minutes

The idea of working 5 days a week, Monday to Friday, is the norm in our modern society. The weekend is always over before it has barely begun, making Monday Blues a very common occurrence. But what if life could be better with a 4-day work week? 

89% of respondents in a 2021 Harvard Business Review survey claimed that their work-life had worsened. 85% of respondents described reduced levels of wellbeing. Therefore, the traditional Monday to Friday working week certainly needs to be rethought now that people are returning to the office.

Common features of today’s working world are circled by stress, exhaustion, and the sense of being overworked. Read on to find a discussion of the pros and cons of a 4-day working week. See if it would be right for your company! 

Research on the 4-Day Work Week

A 4-day work week typically consists of compressing 5 days-worth of work into 4 days or reducing employee work hours. Many countries including New Zealand, Spain, and Japan have been trialling this 4-day work week. The most recent country to try this is Iceland. In an effort to see how this change affected workers and their productivity, Iceland underwent a trial that monitored employees with reduced working hours across different public sector companies.  

It resulted in overall success with happier, more productive workers. This prompted 86% of the country’s employees to now taking shorter work hours for the same wage. With other countries’ clear success in reduced workdays, perhaps other countries will soon follow their lead and break the tradition of a 5-day week. 

The Pros of a 4-Day Work Week

Whilst the findings of international studies speak for themselves, let’s take a closer look at the advantages both employees and employers can benefit from by the introduction of a 4-day working week. 

Increased Wellbeing 

Over the years, mental health has become an increasingly important aspect of the corporate agenda. Some mental health problems are incredibly common, even causing people to call in sick to avoid going to work. This leads to a lack of productivity and could even make the company lose out on profits.  

However, introducing a 4-day work week could certainly improve workers’ mental wellbeing, giving people more time to relax, reflect, and spend time doing things they love. Whilst this will make employees happier in the long run, it can also reduce the number of absentees. 

4-day work week

Increased Productivity 

Productivity levels are boosted in short bursts, making the idea of fewer working hours practical. Working for too long would cause exhaustion, creating a lack of focus.  

Equality

Workers who are parents may struggle with the prospect of long hours. Traditional working styles and the expense of childcare has forced some parents into unemployment. Introducing a 4-day work week would reduce this burden, giving parents with childminding responsibilities a better work opportunity. 

Smaller Carbon Footprint

This one might not be the first advantage that comes to mind when thinking about a 4-day work week, however, going into work one fewer day a week can have significant environmental benefits. With less commuting, workers would save fuel and reduce the extent of harmful gases being released into the atmosphere.  

Also, less energy will be used up in the office itself, with huge numbers of appliances like lighting, technological devices, heating, air conditioning, and kitchen appliances being switched off. If more and more companies decided to take the 4-day work week approach, we could improve our environment vastly. 

The Cons of a 4-Day Work Week

Whilst there are vast numbers of benefits to having a 4-day work week, it also might be worth considering the disadvantages. 

It Doesn’t Suit Every Business Model

Some businesses prefer the structure of a 5-day working week because they can put the necessary hours in that might otherwise be impossible in just 4 working days. Furthermore, some workforces need a 24/7 presence, making the idea of a 4-day work week impractical. A 4-day work week would pose unwanted delays in urgent situations when considering certain professions such as those in medicine. 

Some People Are Paid Based on Hours Worked

The 4-day week does pose a problem for those who are paid on the number of hours they have worked. Some workers may lose out on an extra day’s pay in this way, putting livelihoods at risk. 

4-day work week

Potential Cost Issues 

Some companies might not be able to afford to pay their workers for only doing 4 days of work a week. With one less day of work a week, some smaller companies may lose out on important deals and profits due to a delay in work. This is especially if workers fail to meet their requirements.  

Sweden’s 2-year study of reducing working hours saw higher work satisfaction but became too costly to continue.3 In addition, 4-day work weeks might cause customers to be unsatisfied with the idea that some services aren’t accessible on certain days. This loss of satisfaction could make you lose profits. 

Conclusion

With more and more people returning to the office after the pandemic, it’s important to approach the situation in the right way for the wellbeing of your employees and the productivity of your company. Creating a better work-life balance is crucial for the mental health of many employees across the globe; happiness will, after all, motivate workers to perform better.  

Studies have shown the 4-day work week to be largely successful, but there are still some factors such as costs and impracticalities to take into consideration. Ultimately, it comes down to the individual business model to know whether it is the right approach to take. 


No matter what your business hours are you can find an office space that suits your requirements. Use our no-fee office search to find your dream commercial space.

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hybrid working

The Emergence of Hybrid Working

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Estimated reading time: 6 minutes

The emergence of hybrid working is one of the most obvious impacts of the Covid-19 pandemic. Even as we break away from restrictions that were imposed by the government, hybrid working has become the new normal. 

So, what is hybrid working, and how has it impacted the future of the UK’s workforce? 

What Is Hybrid Working? 

Hybrid working is a flexible working format that enables employees to split their time between the office and home working. The introduction and blend of remote working with traditional working has proved popular with both staff members and business owners.

With the option to work without geographic restrictions companies can hire further afield and choose from a wider pool of potential candidates. Hybrid working has changed the way that we view work schedules and how it benefits companies and employees.

How the Pandemic Led to Hybrid Working 

The hybrid working model certainly isn’t a new one. Prior to the outbreak of Covid-19 approximately 32% of the population had ever worked from home. However, with the restrictive nature of the pandemic hybrid working has now become the norm. 

March 2020 marked the shift toward flexible working as companies scrambled to create new working models that kept productivity as high as possible while also protecting their staff. Industries that would otherwise require their employees to work onsite found that they had to embrace the now mainstream work from home model. 

Over time companies have had to split their workforces. New social distancing measures meant many could only use half their available space. This translated to fewer employees working in the office at one given time.  

With restrictions easing and the world slowly returning to normal it’s safe to say that hybrid working is here to stay. With teleconferencing technologies and cloud-based software, we can now effectively work both in and out of the office. 

Employees’ expectations have changed over time with some preferring the option of working in the office or at least having the opportunity to. With many people experiencing the challenges of not having a dedicated office space, distractions and the unsocial aspects of home-based working it’s no wonder that hybrid working was introduced. 

Plenty of companies have permanently adopted a hybrid working model and adapted their office spaces to suit. From global conglomerates such as Google and Apple to small businesses, companies have acknowledged the benefits of hybrid working. The pandemic has proved that flexible working is possible and that we should embrace the possibilities that it brings. 

hybrid working

The Benefits of Flexible Working 

Hybrid working arguably brings together the best of both worlds. It allows staff to choose how much time they spend in either location. However, some companies request a minimum number of days spent in the office. 

Here are some of the biggest benefits of the hybrid working model. 

Improved Staff Satisfaction 

It’s no secret that commuting to work is stressful, particularly when we’re required to do so 5 days a week. When employees have the option to reduce the number of days that they are in the office it can reduce tension and boost their desire to come into work. 

The flexibility that hybrid working offers often means that employees gain more autonomy. With increased decision making and trust from employers, staff members have experienced a rise in their satisfaction levels. 

Better Productivity 

Less time commuting means that employees have more time in the day to work, as a result, efficiency and output are increased. A recent study found that working from home 1 day a week boosted productivity by 4.8%. 

Literature on this topic attributes this increase to the reduced cost of travelling, better work-life balance and the convenience of working in an environment that is chosen by the employee. 

Improved Mental Health 

Flexibility over working conditions has a positive impact on mental health. In one survey, 34% of respondents stated that hybrid working would improve their mental health. The mix of working from home and in the office provides the social balance that most employees need. 

Full remote working reduces social interactions, which can create feelings of isolation and a negative impact on mental health. As a result, some workplaces are redesigning their office spaces to feel more social which puts workers in a happier mood. 

Reduction in Costs 

With new occupancy levels in offices, companies can plan for the shift in work patterns and cut down costs of rent, office supplies and other expenses. By moving from an office that is designed for the standard 9 to 5 to a new space that embraces the changes that flexible working brings businesses can benefit financially. 

Many companies are choosing to lease new offices that have a mix of relaxed lounge areas, desks and informal spaces. As such many are looking toward serviced offices to accommodate their needs or managed spaces that they can tailor. 

The UK Workforce’s Response to Hybrid Working 

Government bodies and researchers have conducted studies into the hybrid working model. Their findings have outlined the changing attitudes toward flexible working, leading to many employers adjusting their views on synchronous and asynchronous work schedules. 

So, what does the UK workforce think about hybrid working? 

It has received an overwhelmingly positive response in favour of the hybrid working model. An ONS survey found that 85% of respondents wanted a hybrid working model in the future. 

According to YouGov, perceptions of hybrid working had improved. The survey of 1,000 business decision-makers concluded that only a fifth would require their workers to come into the office 5 days a week, as opposed to the initial response of 1 in 3. 

It found that once restrictions were lifted, 19% of business owners were happy for staff to choose which days they want to come in. These statistics are a clear indication of the positive stance toward hybrid working considering how uncommon flexible working options were before 2020. 

Another YouGov survey of 2,000 workers found that 79% wanted at least 2 days of remote working a week. In short, responses to a hybrid working model are positive among both staff and business decision-makers. 

Conclusion: The Future of Hybrid Working

The effects of the pandemic will stay with us for a long time to come. While some aspects will fade away, many will remain with us. However, hybrid working is a positive aspect that has resulted in a more productive and fulfilled workforce. 

By combining the best of the office and remote working, companies can improve their organisations and create a new vision that brings success, increased collaboration and improved wellbeing. 


Are you looking for a new space to suit your hybrid working needs? Check out our office search and see how we can help you.

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Flexible office space

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Flexible Office Space London

Market Trends

Today most only require a laptop, mobile phone and a stable internet connection within their flexible office space.

This flexible way of working has seen the rise in flexible office space London. Over the past decade the number of flexible office spaces in the world has grown by 3,500 percent and the number of people working there increased by 8,000 percent.

According to market leading research 18,000 flexible office buildings currently exist around the world accommodating at

1,700,000 million people. One primitive reason behind this popular trend is the flexibility it provides quickly evolving companies to scale up and down in size seamlessly. With the ever-changing economy, companies are no longer tied down with long term leases. They only pay for the space they need and get access to a vast array of office amenities.

London Flexible Office Space

London has been leading the way in the flexible workspace boom. The number of new flexible working locations in Central London has grown 42% year-on-year. Experts believe that 30% of corporate real estate will be flexible workspace by 2030 and shows no sign of slowing. Throughout London, reports have revealed that the continuous growth has created more competitive rates, lowering the costs on all kinds of office spaces.

VICTOR HARRIS

Victor Harris assist companies who are curious about flexible office space London. We use sophisticated prop technology to locate office space not to mention our own internal database. Thus, through the dedication of our employees our goal is to find something that works for you with both efficiency and ease. Victor Harris too also advise landlords on new ways to enhance their assets. View our latest properties. 

@ [email protected] 

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Commercial property news

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The London commercial real estate market has been one of the best cities globally to invest in the last several years, bringing great vitality and success. Given this there is no reason for this positive trend to be ending anytime soon, despite looming fears of Brexit.

Commercial Office Market

In 2018, commercial offices in Central London attracted £16.2 billion of investment, exceeding that of Manhattan, Paris and Hong Kong. There have many foreign investors that have had continued desire in London’s real estate market.

Greater China has been one the major investors with just last year their investment contributing to 21% of the total London market. Future predictions find that there is £40 billion of capital looking to invest in commercial real estate. Greater China, the biggest potential investor in London, is estimated to invest £10 billion, or 25% of the total London market in 2019. This continued influx of investment is a testament to the desirable location that London offers to global investors.

Currently all indicators in the commercial sector are healthy. In addition to significant capital investment, office vacancy rates are one of the lowest they have been in the past several decades. Since 2013, vacancy rates have dropped from 7% to 4.6% in 2018 and is projected to drop further to 4.4% in 2019. These vacancy rates are a good indicator of the future performance in the commercial sector. Thus, the continuation of low vacancies in the London market are encouraging for both current and new businesses looking to emerge and expand.

This year we will continue to see the rise in flexible working space. Victor Harris are spearheading the approach and are ensuring our clients, both tenants and landlords keep themselves ahead in this fast changing marketplace.

Here at Victor Harris, this positive economic outlook provides us the great opportunity to provide guidance and insight for those looking to find various commercial properties throughout London. Ultimately, with our services we hope to help you find the most suitable space that fits your needs for the right price.

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Find london office

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FIND LONDON OFFICE – Commercial Property Search

At Victor Harris we offer businesses a specialist find London Office commercial property agent service. Our service locates London office space using cutting edge commercial property search technology. We use systems to help us provide 98% coverage in any London location. We are a leading, Mayfair based, commercial property agent.

Businesses would search with Victor Harris for speed and information. With us searching we are able to cross check any information we receive from the landlords. For example, if they overstate their rental or the length of time they have been marketing. Speed is significant as it takes businesses on average six weeks longer to search without us. We can also guarantee coverage. How do you know you have seen all that’s available?

Find office space through Victor Harris to receive:

  1. Office Availability Reports.
  2. London office Email Alerts.
  3. Comparable evidence of other deals done.
  4. Access to vast property experience over 30 years combined.
  5. Save time.

FLEXIBLE OR LEASED?

At Victor Harris we undertake a company audit which will challenge your views on both flexible and leased space. For example, we help you consider – how many meetings do you have each week? Do you have staff who operate on flexible hours. Find out more… 

COMPLEMENTARY INITIAL SERVICE

At Victor Harris we appreciate fully that businesses wish to understand fully the agent service mentioned above. It is for this reason our initial commercial property service is completely complementary. It will provide you significant initial information in order to make an informed decision.

STAY OR GO?

During the early stages of the office search we will help you establish if leaving your office over a lease renewal is in fact the best option. It has been recently the case that we have managed to help businesses negotiate a suitable reduction to stay in situ which is also something we pride our service on.

CONTACT VICTOR HARRIS

Mayfair Agent, London Office:

25 Sackville Street, Mayfair London W1S 3AX

Registered Office: 20 Bedford Street, Covent Garden, London WC2E 9HP | Registered in England & Wales Company Number: 07235202

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Commercial property market in london in 2018

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Commercial Property Market

London commercial property market is known for being the best places in the world for commerce. The time zone and location in the world offers a very distinct advantage for international businesses. London is a competitive marketplace that still attracts the worlds biggest organisations.

London

The property market in London continues to see growth in the commercial property market. Office rents are continuing to strengthen with rent free periods reducing. However demand for more creative style space is at its highest. Tenants today require more facilities which is positively encouraging improvements in office design. For landlords to thrive they need to work closer with their agents. We are currently advising many on clever ways to attract tenants. For example flexible leases.

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Wembley consent granted

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Student Accommodation News

Planning consent is granted from Brent Council…

Victor Harris reports that Brent Council have resolved the planning application for Unite. Unite is planning to create a 200,000 sq ft student accommodation scheme which will be adjacent to Wembley Stadium. The plans will further develop there immediate vicinity around Wembley Stadium which will see the area improve even further.

Victor Harris understands that TateHindle are the appointed project architects who have been representing Unite through the planning permission process. Unite are going to create a tower building on the one-acre site which is on Olympic Way which should provide capacity for an estimated 700 students. Going to be great for the students to be so close to Wembley Stadium and also nearby Wembley Park which allows for easy access into Central London. The works are due to commence later this year and should take approximately two years to complete. Unit are reported to be working jointly with the London Student Accommodation Vehicle.

The plans are a great idea and another example of how London is continuously improving. Victor Harris currently are also looking themselves for sites or buildings suitable for student accommodation and will look in the future to be involved in similar schemes such as this one.

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Search for offices in london

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London is a world famous city and is always experiencing high volumes of demand from different parties. Some look for offices that are short term in order to accommodate their business before their anticipated workforce expands. Others look for more permanent office space that can house the workforce for many years. Typically lease lengths direct from landlords will vary around five years. For shorter options either its best to look for a property which has in 1-3 years landlord development plans which is usually a way to avoid paying any office dilapidations.

When searching for offices its important to ensure you satisfy yourself with the following:-

  • Office Coverage
  • Office Quoting Rent and Terms

Victor Harris has access to comprehensive information that allows us to ensure the above is all met within a quick timeframe. We do this using systems that give us coverage and even when we are engaged elsewhere we are able to still receive e-mail alerts on behalf of our clients. The same systems allow us to secure the greatest reductions because we are able to use comparable evidence and also look at the buildings history.

Below is an example of this using 20 Savile Row in Mayfair in London. You can see the amount of information we are able to obtain for specific buildings anywhere in London.

Having access to information such as above is a clear example of the benefits if you consider using Victor Harris to search for your new premises. It ensures we are able to be competitive on your behalf not just in terms of providing coverage but also more importantly during office negotiations.

Why not arrange to meet Victor Harris to discuss your next office move we would be delighted to discuss how we can be successful for you.

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London Office Rent Comparison

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Compare London Office Rents

LocationAverage Rent (PSF) Rates (PSF)Service Charge (PSF)
Mayfair £70.00 – £125  £25.00 – £40.00 £9.00 – £14.00
West End  £50.00 – £80.00 £20.00 – £35.00 £7.50 – £12.00
Midtown / Clerkenwell £45.00 – £75.00  £18.00 – £25.00 £7.50 – £11.00
City & SE1 £50.00 – £85.00 £15.00 – £35.00 £5.00 – £14.00

Office Rents

In London office rents have over the last decade increased in some cases by double. The market currently in 2017 is still showing signs of strength because demand is still there. The development pipeline in London is limited given the city has limitations. Mayfair is a good example of this because although its a world famous location it is not a large area to walk and many of the properties cannot be knocked down to be replaced by towers because many buildings are Grade II Listed.

For additional information about rents and also prices contact Victor Harris today 0207 183 8458.

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