Tees Business Tees Business issue 17 | Page 9

Serving the Teesside Business Community | 9 /NEWS DEVELOPMENT IS CENTRE OF ATTENTION /ADVICE TIPS TO RETAIN YOUR STAFF Ashall Projects director Mark Ashall (centre) with Middlesbrough Council deputy mayor Charlie Rooney (right) and executive director of growth and place Kevin Parkes. U p to 14 regional and national companies and public sector organisations have held talks with those leading the development of Middlesbrough’s Grade A office space in the town’s Centre Square. Billed as a 21st century business destination in the heart of Middlesbrough, work is progressing fast on the first two of eight state-of-the-art office developments – with both scheduled for completion by August this year. Part of Middlesbrough Council’s £74m Investment Prospectus, the office space and leisure project is being led by Ashall Projects, who agreed a £22m deal to fund the first phase of the project last summer. Ashall, which built the UK’s largest business park – Cobalt – and has already developed Centre Square’s Holiday Inn hotel, wants to “significantly” boost Teesside’s economy by creating what it believes will be the best business hub between Leeds and Newcastle. Speaking exclusively to Tees Business at an event to mark the progress of the Centre Square development, Mark Ashall, director of Ashall Projects, revealed: “We’ve had a range of interested parties meet us – from public sector bodies to regional-based companies and national companies who are P looking for regional headquarters. “We have one particular enquiry for about 25,000 sq ft, where we know we’re on the shortlist and certainly believe we’re favourites.” Kevin Parkes, Middlesbrough Council’s executive director of growth and place, said the eight planned plots for development – including two on the site of the existing civic buildings – would feature up to 350,000 sq ft of floor space, enough room to host up to 4,500 jobs. And he believes the development will cause a “ripple effect” of positivity on other local businesses. “Along with the two buildings we’re on with, there’s planning permission for three more while we also have an agreement that there is a plot 6 that we’re in very active discussions about,” he said. Of the first two buildings, which are being built in partnership with M&G Investments, one of more than 67,000 sq ft of floor space will be the new base for Middlesbrough Council staff who will relocate from the existing civic centre. A further 40,000 sq ft building at the eastern end of Centre Square will be the first let to new businesses or public sector bodies. Quality mark first for Teesport D Ports, one of the UK’s major port operators, has been officially accredited with the internationally recognised quality mark of Authorised Economic Operator (AEO) for its operations at Teesport by Her Majesty’s Revenue and Customs (HMRC) affirming the port’s efficient and robust processes to shippers worldwide. The accreditation recognises that a business’ customs controls and procedures are efficient and meet EU benchmarks. Within the Northern Powerhouse, Teesport has become the first port to gain AEO status. It was awarded following a 12-month internal review process that culminated in an audit from the HMRC to ensure all port operational processes, IT, security, storage, procurement and HR procedures met with strict requirements. T he market for the very best talent, the top 5-10% in whatever field you’re operating in, is intense and highly competitive. Effective talent retention tactics are often overlooked. After investing substantial amounts of time, effort and financial resources during the hiring process, this is where many people fall down and lose the great people they worked so hard to attract in the first place. Here are a few strategies that you can use to assist with retention: 1. Set expectations and goals Communicate clearly and directly. Good employees want to please you, but they need to know what it is they need to do in order to make that happen. 2. Create a great working environment Make your employees feel like an asset, not like an overhead. Allow them to feel secure in their role. Gain their input about rules or changes that need to be made. Encourage goal-setting and a sense of ownership in an environment which is as open and honest as possible. 3. Listen Be willing to listen, really listen, to the concerns of your employees. Be open to suggestions and new ideas for problem-solving. Be available when your employee asks for guidance. 4. Provide opportunities for growth Give challenging and stimulating work, tap into their passion and allow them to focus their time and energy on engaging projects. Create career development plans wherever possible. 5. Recognise and reward hard work Monetary bonuses are always nice, but recognition of a job well done goes a long way to creating good will and loyalty. In order to retain talent you must make them feel appreciated, respected and worthwhile. Elite performers are game-changers for those fortunate enough to attract, nurture and retain them. Matthew Telling Operations director, RMS Recruitment PD Ports CEO Frans Calje. PD ports chief executive officer Frans Calje said: “Gaining AEO accreditation reinforces the strength of our commitment to shippers currently using Teesport or looking to the port as an integral part of their supply chain and is a solid vote of confidence in the high standard of our port operations.” Four years after bringing wind turbine manufacturing back to the Tees, EEW Offshore Structures Britain has shipped out the last of 86 transition pieces to the Hornsea Project One, the world’s largest offshore wind farm off the Yorkshire coast, which will eventually power a million homes. #TalkingUpTeesside