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Here’s what you need to know today:
- Design Experts Share Their Future Of The Workplace Predictions
- Technology Adoption Can Improve Workplace Innovation
- Italy Offering Tax Incentives For Digital Nomads
- Intelligent Office To Expand To Sacramento
- Employees And C-Suite Execs Want Hybrid Working
- Which Generation Of Workers Moved During The Pandemic?
Design Experts Share Their Future Of The Workplace Predictions
The global health crisis has undoubtedly shaped how the workplace will look and function now and in the future. New York-based design experts explained what they envision for the future of workspaces to Commercial Property Executive.
Probably the most notable trend has been the hybrid work concept, allowing employees the ability to work remotely and in the office. However, tenants are still juggling with how to execute this concept appropriately.
According to Robert Finger, founding partner at Fogarty Finger, residential amenities will be more prevalent in commercial interiors, and communal workspaces will start popping up in multifamily residential projects.
Additionally, the mental and physical health of workers has become a focus due to workers spending an unprecedented amount of time isolated in their homes over the past year.
That’s why the transition back into the office will need to be planned strategically, with leaders incorporating wellness amenities in the office to help make this shift seamless.
“We’re likely to see more in-office areas for meditation and mindful eating, which is part of the benefits that have come out of the pandemic,” said Elisabeth Post-Marner, principal at Spacesmith. “People are more aware of the need to balance their work and personal lives, including working in a healthier in-office environment.”
Other wellness-driven amenities will include natural lighting, air purifying systems, biophilic design, touchless technology and various other elements that have been proven to improve physical and mental health.
Technology Adoption Can Improve Workplace Innovation
Deloitte’s 2021 Tech Trends research has revealed that the increasing lack of in-person communication could have a negative impact on innovation in the future.
This presents an opportunity and a challenge for leaders to be creative in how they nurture collaboration, while simultaneously embracing the perks of a more digital workplace.
“Tech-savvy leaders combined different tools to enable collaboration, remote work, and company culture,” said Scott Buchholz, Government & Public Services CTO at Deloitte Consulting. “However, our new digital workplaces need to do more than maintain employee productivity. They need to create new opportunities and ideas by harnessing the power of data and technology.”
Buchholz adds that introducing apps can help foster the impromptu in-person meetings that the virtual workplace is lacking in. For instance, workers can schedule virtual coffee breaks in order to boost culture and enhance innovation.
Additionally, the use of automation and artificial intelligence is bound to shape how employees interact with their work environment. In the future, humans will be able to upskill, AI can recommend potential improvements and automation will take over menial tasks, further driving innovation among the workforce.
Due to this mass adoption of modern technology, companies will inevitably need to do better in terms of cybersecurity. Although these tools can be incredibly useful in the workplace, they come with their own set of risks, so investing into the proper cybersecurity protocols will be essential.
Italy Offering Tax Incentives For Digital Nomads
Countries have started to open up their borders to overseas visitors, but many are offering a more cautious approach to tourism in the post-pandemic world.
One of the biggest emerging trends in the tourism industry has been offering work visas in order to attract digital nomads, particularly as more of the global workforce transition to remote working arrangements.
As of January of 2020, a tax break in Italy allowed those who have lived outside of Italy for two years to transfer their residence to the country with a 70% tax-free income for five years.
Digital nomads have long been enticed by Italy thanks to its unique architecture, history and scenic villages. Now, this way of working and living has become more accessible to a broader audience as it’s estimated that more people will be able to work remotely in the coming years.
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Before making the move to Italy, workers will need to obtain a specific visa depending on their citizenship to live in the country longer than a few months. For instance, you cannot come to Italy as a tourist and apply for a work visa once you’ve arrived.
For digital nomads in particular, the best visa is the self-employment visa, or visto per lavoro autonomo. This visa is a bit more complicated and will likely need the help of a legal proxy to find the appropriate documents necessary before filling out the application.
Intelligent Office To Expand To Sacramento
Intelligent Office is looking to add five new locations in Sacramento, in addition to its four locations across California in Burlingame, San Diego, San Francisco and Walnut Creek.
This correlates with businesses planning how to bring employees back to the office, while also maintaining some flexibility in their future work arrangements.
According to Brian Farris, Brand President at Intelligent Office, the operator will be able to accommodate the new needs of organizations and entrepreneurs such as virtual office capabilities like virtual assistants, short-term leases, CRM database management and more.
“We are excited to expand into new cities like Sacramento and bring our services to even more businesses and employees to help them navigate and adapt to new business trends in 2021,” said Farris. “Business owners and everyday workers are starting to see the benefits of using private rentable office space instead of permanent office space so we are looking forward to expanding to new markets like Sacramento to meet this growing demand.”
Employees And C-Suite Execs Want Hybrid Working
A new study from WeWork and Workplace Intelligence has found that 64% of employees would pay to have access to office space, while 75% say they would give up one benefit in exchange to choose their own work environment.
As the post-pandemic workplace seems to be within reach for some parts of the world, companies are finding ways to keep employees engaged at work by providing them a “third space” to work out of, aside from the traditional office and their homes.
According to the study, both employees and C-level executives have expressed wanting a hybrid model so much that they would offer a significant financial investment to ensure the transition to this arrangement is seamless.
Employees have stated that they want to spend 36% of their time at their employer’s headquarters, 30% working from home and 34% of time in satellite offices or other “third spaces.”
On the other hand, C-suite executives said they would prefer employees to spend 53% of the time in the office and 47% of the time working from home or another location.
In addition to the desire for hybrid arrangements, 76% of C-suite respondents said they are likely to provide employees with a stipend to work from home or in a coworking space.
“Moving forward, employees and companies will need to adopt flexible solutions that support hybrid working styles in order to keep employees engaged and satisfied,” said Sandeep Mathrani, CEO of WeWork. “As the results show, hybrid is the way of the future.”
Which Generation Of Workers Moved During The Pandemic?
By now, it is no surprise that the concept of the workplace has been turned on its head over the past year. From the physical office, to work-life balance, everything we once knew about work has been altered.
As a result of this, a 2021 report from Urban Land Institute and PwC found that interest into new homes and single-family real estate has grown among workers, particularly in the suburbs and areas with a lower cost of living.
However, the ongoing migration among workers has varied across generations. For instance, a survey from software firm Qualtrics revealed that 25% of Gen Z moved away during the pandemic, while only 6% of Baby Boomers reported moving away.
Additionally, 8% of city dwellers stated that they had left their homes for a variety of reasons including: wanting to be closer to family, to have more space and simply being ready for change.Share this article