Latest news with #IWG
News.com.au
4 hours ago
- Business
- News.com.au
Real cost of return to work mandates revealed
Many workers will be several thousands of dollars out of pocket if forced to return to the office full time, as cost of living pressures continue to rise. According to research by International Workplace Group (IWG), commuters could save up to $5892 a year by switching to local co-working spaces or staying at home compared to travelling into a city centre office each day. The jaw-dropping amount was calculated by analysing the average commuting costs of office workers – with those heading to work in Sydney CBD totalling $75.60 per day when factoring in public transport fares and local parking. It found a hybrid model of working, with two to three days a week working locally, can potentially save an average of $338.14 per month. Seventy per cent of Australian office workers said hybrid working arrangements help them manage cost-of-living pressures, the IWG's Australian Hybrid Workers Survey revealed. Those commuting to Concord could save up to $3588 per year, while those who work in Lane Cove can keep an extra $3532.80 in their pockets yearly. Balmain-based workers can save up to $2916 per year and those travelling to Parramatta can keep an additional $960 each year. International Workplace Group CEO Mark Dixon said that, with rapid advancements in technology, work is 'no longer confined' to a single location. 'Companies are empowering their teams to work where they are happiest and most effective, allowing employees to stay productive by working closer to home out of a local coworking space or office,' he said. 'This shift means employees no longer need to commute long distances daily but can instead benefit from the same or higher levels of productivity by working closer to home. 'As a result, company headquarters are evolving to become hubs of creativity, collaboration and socialising.' Data from the Regional Movers Index March 2025 quarter report found 64 per cent of people leaving capital cities are relocating to regional and suburban areas. This is resulting in an increase in employees wanting remote and hybrid working options, as well as more demand for flexible office spaces outside of major city centres. In a recent poll run by a whopping 58 per cent of the 6800 voters chose remote working as the best workplace change of the 21st century. Recruitment specialist Roxanne Calder told that the rise of flexible working is one of the many changes that has made work 'more human' over the years. She said working from home has 'forever redefined the way we look at productivity', challenging the myth that you can only perform well if you are sitting at your desk in an office. She noted this has been a test of trust for organisations, forcing many to shift the way performance is measured, rather than relying on physical presence as a barometer for how much work a person is putting on. 'If done well, remote work can create workplaces that are not only more efficient but also more humane, valuing results and wellbeing together,' she said.
Daily News Egypt
2 days ago
- Business
- Daily News Egypt
Najma Walk collaborates with IWG to operate office spaces under Regus brand
Najma Walk Developments has announced a partnership with the International Workplace Group (IWG), a global leader in flexible workspace solutions, to manage and operate the project's administrative units under the Regus brand. Located in New Cairo and spanning over 12,000 sqm, the Najma Walk project features commercial, medical, and administrative spaces designed with modern architectural concepts and open views. The project also integrates artificial intelligence technologies into its design and services, reflecting the company's commitment to adopting global standards in sustainable real estate development. This partnership with IWG marks the third international collaboration for Najma Walk, following earlier agreements with Concorde Hotels & Resorts to manage hotel units and Eterna Clinics to operate medical facilities. In a statement, the Board of Directors of Najma Walk highlighted that excavation and soil preparation are already underway, with construction progressing ahead of schedule. 'We are moving forward at an accelerated pace, underscoring our commitment to delivering a project that meets and exceeds investor expectations,' the Board noted. The Board also emphasised that selecting IWG to operate the administrative units aligns with Najma Walk's integrated operational vision, aimed at ensuring international service standards across all components of the project. Youssef Naguib, Executive Director of IWG in Egypt, commented: 'We are pleased to partner with Najma Walk to establish a new flexible workspace under our Regus brand. This step supports our broader strategy to expand our network to 150 centres across Egypt by 2030, driven by rising demand for flexible workspace solutions—particularly in key areas such as New Cairo, West Cairo, the North Coast, and the New Administrative Capital. Through new locations like Najma Walk, we aim to better meet the evolving needs of the Egyptian workforce.'
Yahoo
5 days ago
- Business
- Yahoo
Around 94% of Gen Z workers need help in dressing for the office—and they're experiencing outfit anxiety three times more than their boomer coworkers
Gen Z watched their peers get fired for dressing inappropriately for the office. Now, they're too scared to dress themselves, even reaching out to managers for guidance. The confusion is also causing stress, as the young generation and millennials are almost three times as likely to have outfit anxiety compared to their boomer coworkers. Many are even turning to their boss for fashion advice, but experts tell Fortune they'd be better off silently taking cues by copying their looks. After years of wearing pandemic-era tracksuits and a nice top for Zoom meetings, many employees are in the dark about what's appropriate to wear now that they're back in an office. While all generations are lost, Gen Z is having the hardest time, with many even turning to their managers for styling tips. About 78% of workers are seeking guidance on what to wear at work, according to recent data from workplace solutions company IWG. But the youngest cohort of employees needs the most help, with 94% of Gen Z looking for advice on their work outfits, compared to 84% of millennials, 70% of Gen Xers, and 61% of baby boomers. Much of Gen Z's confusion may chalk up to simply being the newest in the office, with many having started their careers from their couch. 'It's understandable that the generation with the least working experience will have the most questions about what to wear and what is appropriate in the workplace,' Diana Tsui, a stylist and creative consultant partnering with IWG, tells Fortune. 'There has been a fundamental shift in the way in which employees of all generations approach their workwear attire.' But with over half of employees in each generation looking for workplace fashion tips, the changing rules have left many unsure of what's appropriate. The lack of clarity is so bad it's stressing people out—staffers said they experience anxiety about what to wear to the office seven times a month. Gen Z and millennials are nearly three times as likely as baby boomers to worry about dressing properly, so they're turning to their superiors for guidance. About 30% of Gen Z seek guidance from their manager, compared to 14% of Gen X and 10% of boomers. Instead of outright asking their boss what to wear, they could take Tsui's advice of taking silent cues by copying their looks. How Gen Z should dress for the office: take inspiration from higher-ups and show restraint Gen Z has been popularizing new fashion trends at the workplace, like the 'office siren' look: dressing 1990s-corporate while 'pushing the boundaries of what's considered acceptable,' the report notes. It's a twist on power-dressing, but certain elements—like plunging necklines and short skirts—could land them in a meeting with HR. Data shows that already, many Gen Zers have been fired for dressing inappropriately, only adding to their anxiety. Luckily, there are a few surefire ways that Gen Z can avoid the early-morning anxiety of having to pick out an appropriate outfit for the office. 'Workwear is never going back to its suit-and-tie days, although that can be fun to dabble in,' Tsui advises. 'Take a cue from your industry and see how their prevailing dress codes enmesh with your own sensibilities.' Tsui has three major tips for young staffers to stay in line with company dress codes and avoid getting sacked for their outfit: Take inspiration from your superiors: Take a look around the office or check how older coworkers are showing up in Zoom calls. She notes that young workers don't have to copy their higher-ups, but rather get a vibe-check on the dressing environment. Express yourself, with restraint: If it's a more conservative environment, playing with proportions can be a fun way to spice up drab corporate attire. A chunky shoe or eccentric pair of earrings can go a long way in adding flair to an outfit. Don't show too much skin: Wearing clothes that are too small and show too much skin is 'usually still frowned upon,' so try to avoid anything too revealing. Why nobody knows how to dress for work anymore Gen Z isn't the only generation of workers torn on what's acceptable to wear to the office anymore. Experts Fortune has spoken with all contend that the COVID-19 pandemic was a major turning-point for workplace attire. Now, employees are back in the office, and they don't know how to give up their stretchy pants. Tsui says it's on employers to navigate the new world of work attire, and share clear policies with their staffers to avoid any unnecessary stress. 'This shift away from traditional norms toward more flexible policies highlights the need for modern guidance,' she explains. 'As companies adapt to hybrid models and multi-generational teams, employees are increasingly seeking clarity on how to balance self-expression with professionalism in evolving work environments.' With four generations in the office—Gen Z, millennials, Gen X, and baby boomers—it's natural that there's going to be huge divides in terms of style. But HR experts agree that a few shifts are here to stay for everyone: sneakers are in, ties and heels are largely out, and you still probably shouldn't wear shorts. Sometimes, casual and comfortable styles can blur the lines of what's proper for the office—but Tsui says if styled properly, employees can make it work. Young staffers can also better curb their outfit stress by adopting a 'work uniform.' Gen Z and millennials already lead the way in having a standard style, with 59% having a uniform, compared to 53% of baby boomers, the IWG report notes. It's a trend among younger generations that gives them a sense of control over their careers—and takes away the concern of picking out a new outfit everyday that may or may not be appropriate for the job. This story was originally featured on Solve the daily Crossword
Zawya
6 days ago
- Business
- Zawya
Najma Walk collaborates with IWG to operate office spaces under Regus Brand
In a new step that reinforces Najma Walk's position as one of the leading mixed-use business destinations in New Cairo, a strategic partnership was announced with International Workplace Group (IWG), the world's largest and fastest-growing provider of flexible workspaces, to manage and operate the project's administrative spaces under the Regus brand. The signing ceremony was attended by senior representatives from both parties, including Mr. Mohamed Kadry, Board Member of Najma Walk; Mr. Mohamed el Namkey, Board Member of Najma Walk; Eng. Mahmoud Shalaby, Board Member of Najma Walk; and Dr. Montaser Abdelbaqi, Board Member of Najma Walk. This collaboration aligns with Najma Walk's broader strategy to attract global partners across diverse sectors of operations and management. Spanning over more than 12,000 sqm, the Najma Walk project is among the most prominent developments in New Cairo, featuring a distinctive architectural design that integrates commercial, medical, and administrative units with exceptional views—positioning it as a prime destination for investors and clients seeking a contemporary, fully integrated business hub. Najma Walk is also distinguished by its integration of the latest artificial intelligence technologies in both design and services, offering users a smart and exceptional experience. This reflects the company's commitment to adopting the latest global standards in sustainable real estate development and creating genuine long-term investment value. The partnership with IWG, a global leader with over 35 years of experience in managing and operating flexible workspaces, represents a key milestone in completing the fully integrated operational model at Najma Walk. This marks the project's third major international collaboration, following previous partnerships with Concorde Hotels & Resorts for hotel unit management and Eterna Clinics for overseeing medical facilities. Commenting on the signing, Board of Directors of Najma Walk stated, 'We are moving forward at an accelerated pace, with excavation and soil preparation already in progress. Construction is advancing ahead of schedule, underscoring our dedication to delivering a project that meets and exceeds the expectations of our investors.' The Board also affirmed, 'The decision to select IWG as our strategic partner for managing the administrative units stems from Najma Walk's holistic vision—aimed at offering a fully integrated experience that adheres to the highest global standards and enhances the project's long-term investment value.' Mr. Youssef Naguib, Executive Director of IWG in Egypt, commented, 'We are pleased to partner with Najma Walk to establish a new flexible workspace under our Regus brand. This comes as part of our plans to build a network of 150 centers across Egypt by 2030, driven by the growing demand for our solutions—particularly in areas like New Cairo, West Cairo, the North Coast, and New Administrative Capital—through the development of new locations that meet the evolving needs of the Egyptian workforce.' Through this partnership, Najma Walk further strengthens its position as a fully integrated project that attracts top global partners and reaffirms the company's ongoing commitment to delivering the highest standards of quality and operations across its various investment components.
Yahoo
21-07-2025
- Business
- Yahoo
Textile Exchange will share new standard's criteria pre-2026 launch
Textile Exchange said that following a successful International Working Group (IWG) vote it plans to launch the approved criteria for its new standard on 12 December 2025. In line with Textile Exchange's status as an ISEAL Code Compliant member, the principles and criteria for the new Materials Matter Standard were submitted to and approved by the IWG, which is an independent decision-making body. Textile Exchange explained this body represents a cross section of the textile manufacturing industry, including brands, raw material producers, and civil society organisations. The new Materials Matter Standard will be a voluntary sustainability standard for the production and initial processing of raw materials. Textile Exchange said it will establish what best practice looks like for different materials in various settings, from farms to recycling facilities. Plus, this new standard will mark an important step in the evolution of its current suite of standards to incentivise a system in which the materials in clothing and textiles support the climate, respect human rights and animal welfare, and drive beneficial outcomes for soil health, water, and biodiversity. When the standard becomes effective in 2026, organisations certified with Textile Exchange's existing standards can request audits by approved certification bodies. The mandatory date is expected to be in 2027, and organisations must complete their next audit to the new standard to maintain their certification from that date onwards. Textile Exchange said it will openly communicate exact effective and mandatory dates on 12 December alongside the publication of the standard criteria. The new criteria will outline the requirements that raw material producers must fulfill to achieve their certification. The accompanying Materials Matter Claims and Labeling Policy will set out how organisations, including producers, can make claims and label products as Materials Matter certified. The practices defined within the criteria are said to be grounded in decades of work within Textile Exchange's current standards and align with its sharpened focus. They reflect its new organisational mission, which is to transform how it produces, chooses, and reuses materials to benefit the people and places at the source. Textile Exchange will continue to operate its current standards until the completion of the transition period. It is taking a phased, hands-on approach to support both brands and suppliers through the transition to the Materials Matter System and targeted consultations on other supporting policies will follow ahead of the effective date. Last month, Textile Exchange unveiled a five-year plan to meet the climate and nature targets set for the fashion and textile sector by 2030. "Textile Exchange will share new standard's criteria pre-2026 launch" was originally created and published by Just Style, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
