Younger Generations Still Want Traditional Offices
While both Millennials and Generation Z are more flexible in terms of office accommodations, both groups still desire having a traditional office setting for long-term career stability according to a new Deloitte survey.
The survey found that 89% of respondents said that a traditional work setting is imperative in order to advance in their careers. This means landlords will have to work to compete with coworking operators, as well as other office landlords, to attract and retain young top talent.
“Attractive, amenity-rich real estate is one of the ways companies are able to attract talent in this highly competitive market,” said Jolanta Campion, director of research for San Diego at Cushman & Wakefield. “These younger generations typically offer vibrant energy and drive, an existing and future talented labor pool and therefore potential job growth and economic expansion, new ideas and concepts that are helping shape and advance the region.”
The Latest News
Delivered To Your Inbox
Office spaces must focus on delivering a seamless employee experience that ensures increased productivity, a work-life balance, a boost in morale and a collaborative atmosphere.
Latest on Daily Digest