Education facilities management forum 2017
The Facilities Management Forum is a highly focused event that brings together facilities buyers and…. The Facilities Management Forum is a highly focused event that brings together facilities professionals for…. View more pictures from Gallery. Book Now. A highly focused event that brings facilities professionals and key industry solution providers, the Forum consists of one-to-one business meetings, interactive seminars and valuable networking opportunities; in two days!
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World Economic Forum
Report Intelligent Investment. Business and financial leaders are keenly aware of global inflationary pressures and need to understand how these factors will impact facilities management costs in and beyond. This detailed research is intended to enable meaningful early discussions with budget decision makers, informed by objective data regarding facilities costs. Given the multifaceted nature of FM, the data was distilled into a proprietary Cost Index to provide enhanced visibility around how macroeconomic factors will impact annual operating costs for building operations, services and maintenance.
This topic is especially important, as budget planning is already underway. The Index can be found in the PDF version of the report.
Below you will find the data used to build the proprietary Cost Index. We have also included information to provide context for interpreting recent index movement and planning for the future, including an economic outlook section, an assessment of current energy costs and five key recommendations for mitigating rising FM costs.
The report also includes additional "deep-dive" sections analyzing labor, supply chain and inflation trends in the broader economy and for the FM industry specifically. This research is focused on the United States, where detailed third-party and public data are readily available. The trends described herein are similarly impacting other countries across the globe. They are also impacting construction costs note that CBRE will be issuing a separate construction cost report in H2 We hope this report, the FM Cost Index and our recommendations prove timely and useful to our valued client decision makers, and we invite your suggestions and feedback.
Employers across sectors in the U. Demand for workers has risen dramatically since the early months of the pandemic, but workers have been slow to return. Labor shortages have put significant pressure on employees trying to make up for unfilled positions, and productivity has flattened.
Intense competition for workers is driving up the cost of labor , especially for certain FM jobs with low barriers to entry. Hard services e. Soft services e. Materials costs have also risen dramatically since the onset of the pandemic. Demand for certain commodities has outpaced the ability of producers to manufacture and distribute supplies, largely due to labor shortages that have disrupted supply chains.
Input costs for FM services are rising faster than the current prices received by FM suppliers, indicating more cost increases should be expected in Skyrocketing energy prices are compounding the issues facing facilities management. Wages are the largest driver of FM costs and will not reset , especially given high inflation, meaning costs are unlikely to decrease even after labor and logistics challenges resolve.
The pace of inflation is not likely to decelerate until with manufacturers beginning to catch up to demand in late and supply chains largely unclogged by late While the U. Overall, the labor market is expected to remain tight in coming years as labor force participation remains historically low, though rising interest rates as the Fed attempts to tamp down inflation are a headwind.
For industries like FM that face added hiring challenges e. FM budgets will see the full run-rate impact of rising costs in , since mid-year increases are felt for a full 12 months. In addition, budgets will see the expected above-average increases. Skyrocketing prices are driving up costs across the commodity market, but natural gas, coal and electricity prices have also risen significantly in recent months. Geopolitical factors pose a significant risk, as well. The major spike in prices for natural gas used in electricity production may also indicate higher electric bills coming soon.
Managing energy costs will be a critical component of facilities management in the next two years, including utilities for the facilities themselves and the gasoline required to mobilize necessary components, equipment and personnel. The rapid rise in both job openings and quit rates highlight a labor shortage coupled with high turnover.
Before the pandemic, job openings outnumbered hires and separations, indicating an already tight labor market. After falling at the onset of the pandemic, job openings recovered by year-end Openings then rose sharply in due to a spike in post-reopening demand for services, as well as a need to replace workers who were laid off during the pandemic or who quit in recent months.
But as voluntary quits, retirements and other job separations have also increased, employers have not been able to hire fast enough to replace these workers, keeping job openings high. The labor shortage is impacting most sectors of the economy, including facilities management. While accommodation, food and retail service sectors were most affected by the initial spike in layoffs, professional, business and other services are feeling a similar impact at this stage of the recovery. To recruit and retain workers amid the current labor shortage, employers are increasing wages, benefits and incentives.
According to a November Conference Board survey of compensation executives, budgets for wage hikes are projected to increase 3. Growth in wages and other incentives has varied geographically, with greater compensation in markets with more pronounced labor competition and higher living costs.
Source: Company statements and other press materials, January Both structural demographic changes and COVID-related factors are creating an increasingly difficult environment for employers seeking to fill open positions.
Although some COVID-related challenges may reverse once the pandemic is brought under control, other changes, such as the aging population and low birth rates, are likely to persist through the long term. The pandemic has led to significant illness and death among U. The tens of millions of U. With labor force participation falling across the U. However, U. Immigration is likely to remain well below the levels of the previous 30 years until the latter half of the s.
Exacerbating demographic challenges, workers are exiting the labor force at record rates. As the pandemic lingers, several factors are prompting people to leave or remain out of the workforce, including concerns about contracting COVID, lack of childcare, burnout, reevaluation of career choices and discouragement over hiring prospects.
The labor force participation rate which includes the employed and those currently unemployed but looking for work , remains near historic lows, having rebounded only slightly after a significant decline during the pandemic.
Initially, federal government stimulus and expanded unemployment benefits may have allowed some to temporarily delay job-seeking efforts, but this factor alone does not appear to have significantly impacted decision making for most workers. People are quitting their jobs at an unprecedented rate, while job opportunities are historically abundant. The number of unemployed and new weekly unemployment claims are near pre-pandemic levels, underscoring an increasingly limited pool of available workers.
Moreover, the fact that the labor force participation rate remains stubbornly low as unemployment improves suggests that part of the problem is a rise in labor force exits among previously employed people. As of March , total job openings were at Meanwhile, private sector quits reached a record high of 4. The rise in quits is likely an indication of both optimism and pessimism among workers. Some people are quitting because they have increased confidence about finding a better or higher-paying job amid the flurry of new openings.
At the same time, some portion of quits represent people continuing to exit the labor force as pandemic-era challenges persist. Despite wage inflation, productivity is unlikely to rise and may decrease without a substantial increase in hours worked i. Hours finally rebounded to pre-pandemic levels, in Q4 , but still lags far below the pace of growth in output.
This dynamic initially drove up labor productivity, as workers were able to produce more with less labor, but productivity has now plateaued. This dynamic is not sustainable and is contributing to the rising quits rate.
Even with increased compensation, attempting to boost output without an increase in staffing hours worked will lead to burnout and corner-cutting, risking both worker safety and output quality.
The fact that growth in labor costs the ratio between the compensation paid to workers and the value of the output they produced did not catch up to the pace of productivity growth until Q4 suggests that further growth in compensation will be needed to help resolve the current imbalance.
Prices for services related to facilities management are likely to increase to keep up with rising costs. Commodities pricing has increased dramatically through the pandemic, up The overall figure is driven primarily by the rapid rise of metal, fuel, lumber and food prices—in part a result of supply chain disruption.
Prices for core services related to facilities management have increased, but not as much as commodities. However, inputs to maintenance and repair services i. Workers are facing rapidly rising consumer prices, but wage growth has not kept up before or during the pandemic.
The CPI has been rapidly increasing, reaching a year high for year-over-year growth in March at 8. While total private wage growth has accelerated since the onset of the pandemic albeit with some volatility , it has fallen behind growth in consumer prices, putting immense pressure on low-to-middle-wage workers. An aggregate of wages across key FM industries has grown more quickly than overall wages in recent years and remained somewhat steady since the onset of the pandemic.
However, this aggregate also lagged inflation for most of Note: All measures are seasonally adjusted. Seventy-eight percent of low-income household spending goes to the five items with high increases in CPI in March. Housing and apparel prices have also risen sharply in recent months.
Housing prices are increasing due in part to the cost of materials limiting new supply. Apparel prices are up due to a mix of materials costs and global supply chain disruptions. Shipping delays at the largest seaports in the U.
While many ports, like Los Angeles, are increasing their operations to address delays, the labor shortage impacted their ability to scale operations. Issues were mostly resolved by the end of , but impacts have lingered.
Labor shortages for rail yards, manufacturing plants, warehouses and trucking companies are exacerbating the issue. The American Trucking Association reported in October that the industry is short about 80, drivers and they expect that to increase to , by To attract more drivers, the sector has boosted wages, but the recent increase in demand for transportation services has meant the need for even more drivers.
Barriers to entry for new drivers i. Supply chain and labor issues are causing a backlog of orders and an inventory shortage, indicating a supply-demand imbalance that will result in higher-priced goods and services. Because these are not jobs that can be done remotely, both segments are also dealing with the persistent threat of COVID, either due to workers contracting the illness or choosing to leave jobs out of anxiety over their health. Soft Services e. The skilled trades needed for hard services—like electrical, plumbing and HVAC—all require either certification or apprenticeship, plus years of experience, making these roles difficult to fill when vacated.
Security, landscaping and janitorial positions require less work experience and little to no education or on-the-job training, making them much easier to replace. However, this comes with its own challenges, as employers of these soft services occupations must compete with a wide array of rapidly growing industries, like warehousing and transportation, which have similarly low barriers to entry. The competition challenges differ for hard services.
How facilities management is putting the focus on people
Advisory Conference is your exclusive opportunity to discover Australian Catholic University's ACU latest initiatives while experiencing our campuses firsthand. Join us on campus to network with current students and academic staff. You are also invited to attend our accompanying webinar series, which will offer timely updates on course changes and entry programs. Transport from the Ballarat Campus to the Melbourne Campus and return will be available. Register here.
Facilities Management
A new scheme will see West African and Australian universities co-create courses that can be replicated across the region, says Joanna Newman. Switch to aggregated voting means staff at UK universities could walk out if union gets majority turnout and support. Existing students able to complete courses as usual, but universities face question mark over autumn recruitment. Latest News. Once lauded as engines of social mobility, American universities are increasingly perceived as widening social and economic injustices. Matthew Reisz speaks to two academics whose new book lays bare the extent of the problem and the potential solutions. A two-year hiatus in educational activities following the military coup is threatening the country's post-conflict future, says a professor in Yangon. A constant demand for more evidence increases the chances of discovering something nobody has been looking for, says Gerd Gigerenzer. Universities are too often used for political point-scoring. Finding a way to implement and protect long-term plans for the sector would benefit all.
Engineer-cum-Facilities Manager occupies Chief Operations post
NASF is the sum of all areas on all floors of a building assigned to, or available for assignment to, an occupant or specific use. Assignable area is computed by physically measuring or scaling measurements from the inside faces of surfaces that form the boundaries of the designated areas. Exclude areas having less than a 3-foot clear ceiling height unless the criteria of a separate structure are met. Totals include the major room use categories, classrooms, labs, offices, study facilities, special use, general use, support, health care, residential and unclassified spaces. GSF is the sum of all areas on all floors of a building included within the outside faces of its exterior walls, including all vertical penetration areas, for circulation and shaft areas that connect to one floor.
Community Forum Newsletters
This paper aims to examine the strategy, selection and perception of facility management FM services and the effect it may have on perceived building quality. Data was collected through a survey distributed to board members of cooperatives for newly constructed buildings in Sweden. Responses from cooperative boards were included in the data set and analysed. The difference in cooperative choice of FM strategy and satisfaction with FM services was examined with non-parametrical Kruskal—Wallis tests and the effect of FM strategy and satisfaction with FM services on perceived building quality was examined with a one-way analysis of variance ANOVA test. The results suggest information asymmetry and indicate urgent need for an objective accreditation system for FM services, which will inform and assist housing owners in the FM selection process.
Shaping a Sustainable Future for Learning Environments
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Events Archive
This decision fell to be implemented against the background of the budgetary constraints which impacted the public sector in the wake of the financial crisis, which significantly reduced the funds available for capital projects. The solution which the College ultimately adopted in the face of that dilemma was to enter into what was described as a hire contract the Contract for the construction and hire of a modular building and associated equipment the Building. Against the background of an increasing budget deficit, the College failed to pay the annual instalment under the Contract which fell due in September
Official websites use. Share sensitive information only on official, secure websites. The Facilities Management Institute FMI was launched by GSA to ensure transparency and foster collaboration and innovation within a facility management community of practice. This "cloud" Institute allows rapid interaction between the public and private sectors and enables continuous collaboration on core competencies, curriculum, continuing education and knowledge networking by professionals in that community. FMI is designed to promote and accelerate the development of the facility management profession. Congress passed the FBPTA to ensure Federal buildings are operated and maintained at the highest performance levels throughout their lifecycle.
Facilities management has become vital to the success of organizations today, as managing and maintaining facilities helps streamline operations, save money on repairs with regular maintenance, and improve the health and safety of workers. Effective facilities management teams increase efficiency and assist in developing strategic planning initiatives to cut costs and increase productivity. From compliance to maintenance, facilities managers play a crucial role in the daily operations of organizations today. To help your facilities management teams increase efficiency and efficacy, you need to encourage them to attend professional development events and conferences. We have rounded up 50 of the top facilities management conferences around the globe for to help you choose the events that are most relevant to your needs.
Together we are agents of change on a mission to reinvent the telco industry as a vibrant part of the digital landscape — and a driving force in shaping its future. Book your ticket to Digital Transformation World in Copenhagen. Chief Systems Architect Vodafone.
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