Office Space Utilization: The Key to Cost Savings
Office space utilization is a crucial aspect of office management, which involves analyzing and optimizing how space is being used to maximize productivity and minimize wasted space and resources. According to JLL’s occupancy planning trend report, 55% of prominent real estate teams aim to utilize office space between 70-89%. However, the current average utilization rate across various industries is approximately 60%. Regularly monitoring and implementing effective strategies can provide insights into office space utilization. Identifying areas of improvement can lead to cost savings, increased productivity, and an enhanced workplace experience for employees.
7 Types of Workplaces: Which Model Suits Your Business?
The world of work has changed, and today, different types of workplaces are designed to meet modern needs. Businesses seek more flexibility. And employees want options for where and how they work. Whether it’s a traditional office, a remote setting, or a hybrid model, the workplace is no longer limited to just a desk or cubicle.
