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.
How does workplace design affect employee satisfaction?
A 2019 Staples Workplace Survey revealed that workers continue to resist the one-size-fits-all mentality when it comes to office design, particularly open office plans. 52% of employees said that the open office layout creates distractions.
Workers crave choice when it comes to their work environment, with 90% of them saying that more flexible work arrangements and schedules would increase morale. Even more telling is that two-thirds of employees (about 67%) said they would consider leaving their job if work arrangements became less flexible.
“Employees no longer embrace the traditional 9-to-5, and instead seek an environment that accommodates the fact that their needs may change day-to-day,” said Chris DeMeo, vice president of Staples Brand Group. “It may be a leap of faith for offices used to the old ways of doing things, but it’s one that could yield dividends in terms of recruitment, retention, and productivity.”
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In addition to flexibility, employees want a healthy place to work, with 41% of workers saying they would take a 10% pay cut for a job that cares more about their well-being.
Still, employers have a ways to go when it comes to meeting these needs. About 42% of employers have a wellness program and a measly 22% of workers said their offices have a dedicated wellness room.
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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.