Officebroker.com is rebranding as Officio to move away from the broker model and aid clients in finding long-term solutions, rather than completing short-term goals.
What workplace trends can we expect from the new year?
A World Economic Forum report stated that 65% of children entering primary school will most likely work jobs that do not currently exist. As the workplace evolves, we see more companies putting an emphasis on employee wellbeing, mobility and flexible working.
Until the turn of the 21st century, jobs were relatively stagnant and predictable, with nine-to-fives being the norm.
Now, employee wellness is one of the top priorities for many industries. Meditation apps and wellness programs are inspiring and motivating employees to become more productive.
Mobility has also become a big trend in the way companies function. Smartphones and other devices give us the freedom to work at anyplace and anytime.
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A survey found that about 50% of about 270,000 participants wish to work abroad to experience new cultures, so it is expected that workplaces will become more accommodating for such remote workers.
Flexible working, while not a new concept, is geared up to become a concrete option across industries. Countries like New Zealand experimented with 4-day work weeks that were proven to be successful. In the trial, employees felt their wellbeing was being prioritized by their employer, increasing job satisfaction.
It is uncertain whether all of these changes will occur in 2019, but there is a definitive attitude shift towards the traditional workplace model.
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JLL research revealed that Dallas-Fort Worth is ranked 12th out of the country’s top 15 coworking and flexible space markets, taking up 3 million square feet of space.
Office provider LABS has launched its 96,100 square foot flagship property LABS House in Bloomsbury, London that features coworking, offices, and full-service dining.
Cool office interiors are ideal at first glance, but looking into a company’s principles, such as gender equality and flexibility, will be the factors that retain talent.
Colliers International revealed the success of the office market last year due to high demand for coworking and tech firms, but predictions for 2019 are uncertain.
Shared office space providers as tenants have become the norm for many landlords and building owners, and now many REITs have adopted coworking as it continues to expand.
Brookfield Properties has teamed up with Convene to spruce up the 73,000 square foot Brookfield Place into a full-service events venue that accommodates up to 500 people.
Many coworking operators pride themselves on massive, rampant expansion, but some industry experts believe this growth could lead to failure and consolidation in 2019.