Launching today, The State of Tech Industry Workplaces research report by Hassell and workplace analytics leader Density reveals that North American tech workplaces, once the vanguard of workplace innovation, are still catching up to new work patterns. Our report uncovers some surprising findings by examining a full year’s usage of tech workspaces and the relationships between office use, return-to-work (RTO) policies and layout design in more than 130,000 sq metres of workspaces. “Tech companies have traditionally been workplace leaders. Their amenity-rich offices nurtured billion-dollar businesses and untold envy. Then the pandemic happened. Many quickly adopted hybrid and remote work. Now, some of those offices sit underutilised while others struggle to accommodate new work patterns.” — Hassell Head of Research and report author Daniel Davis “This misalignment of space and work patterns doesn’t just result in empty chairs, it represents a significant drain on financial and environmental resources. Even in 2023, average annual rents for San Francisco-based tech companies exceeded $8,000 per employee (CBRE). And buildings account for 39% of global CO2 emissions. As thought leaders in workplace design and culture, tech companies are positioned to solve these challenges that are plaguing workplaces across the world.” — Density Director of Analytics and report author Annie Cosgrove 🔗 Discover our key findings and download the report here: https://lnkd.in/g2n6ZCrA #StateOfTechIndustry #WorkplaceResearch #TechWorkplaces #WorkplaceInnovation #ReturnToWork #OfficeUse #WorkspaceDesign #TechIndustryInsights #Hassell #DensityAnalytics
Hassell’s Post
More Relevant Posts
-
👉 Discover the 5 Key Benefits of a Smart Office in our latest blog post. From revolutionising the workplace to enhancing health and sustainability, delve into how these tech-infused spaces are reshaping the future of work. Don't miss out on exploring their multifaceted impact on talent management and the overall evolution of the workspace. Read our latest blog post here. 🔗 https://lnkd.in/eb9eW-5j #SmartOffice #FutureOfWork #Innovation
To view or add a comment, sign in
-
Rethinking Workspaces in the Post-COVID Era: Time for Smarter Buildings In a world where remote work has become the new normal, it's time to ask: Are our buildings evolving as fast as our work habits? A recent article in the Financial Times, citing a Morgan Stanley survey, highlights a striking shift in work culture. Post-pandemic, there's a marked preference for working from home, especially in the UK, leading the charge in changing how we perceive our work environments. Co-working has found a sector ideally placed for businesses trying to understand where they are heading long term, but the core commercial sector has uncertainty from every angle. But here’s the catch: Our buildings and offices were never planned for hybrid working. Despite a significant portion of the workforce ready to quit rather than return to the office full-time, we're still expanding office spaces. Why this disconnect? In a world grappling with escalating fuel costs, intensifying conflicts, and soaring energy bills, the disconnect between the past and present of building infrastructures has become increasingly apparent. The prop-tech sector offers not only the technology to deliver a clear Return on Investment and cut energy costs but, more importantly, it represents a sector that fully embraces collaboration, delivering the solutions the industry needs today. By forging strong partnerships, the current challenges can be addressed to ensure prosperity in these uncertain times, especially in the face of fluctuating occupancy rates and rising operational costs. The property sectors need to embrace smarter, more sustainable building management solutions that are agile enough to adapt to our rapidly changing scenarios that hybrid working have hit the sector with. We're at a crossroads. As the FT article suggests, the traditional office model is being questioned. It's a call for innovation in building management and design. Let's embrace this change and lead the way in building smarter, safer, and greener spaces for our future. Link for the article: https://on.ft.com/40sNYmN #SmartBuildings #FutureOfWork #Sustainability #Innovation #RemoteWork
To view or add a comment, sign in
-
#Techcompanies, the supposed pioneers of #workplaceinnovation, are ironically playing catch-up to the very work patterns they helped create. The Hassell and Density report paints a stark picture: #techoffices are ghost towns, with peak utilization barely reaching a third (1/3) of capacity. That's a lot of empty desks and wasted rent money. The pre-pandemic obsession with open-plan offices seems to have backfired spectacularly. What was once a haven for collaboration is now a cacophony of #Zoom calls and awkward silences. Employees, it turns out, actually like to meet in person, but the current #officedesign doesn't cater to that. The report also throws a wrench into the #returntooffice debate. Mandatory #hybrid policies seem to have little effect on actual #attendance. So, what's the solution? It's not as simple as adding a ping pong table or kombucha on tap. Companies need to rethink their entire approach to #workplacedesign. It's about creating spaces that are flexible, adaptable, and most importantly, inviting. We're talking cozy meeting nooks, soundproof phone booths, and maybe even a nap pod or two. The office should feel like an extension of home, not a sterile cubicle farm. Ultimately, it's about listening to what employees want and need. The #futureofwork is hybrid, and the office needs to reflect that. Tech companies need to ditch the outdated playbook and embrace a new era of workplace design.
Hassell | The State of Tech Industry Workplaces
hassellstudio.com
To view or add a comment, sign in
-
In our evolving world of work, static spaces just don't cut it anymore. The research is clear, our workplaces need to catch up to our work styles. 61% of employees feel more productive in a reimagined office environment that fosters both collaboration and provides serene spaces for focused work. These aren't luxuries; they're necessities. We're at a turning point and those who seize this opportunity to remodel and reinvent their workspaces will not only achieve higher productivity levels but also gain a significant competitive advantage in talent attraction and retention. Investing in your workspace now isn't just about future-proofing—it's about unlocking the full potential of your workforce in the present. At Layer 10, we understand the intrinsic connection between workspace design and employee performance. We are here to guide you through this transformative process, helping you create an environment that echoes the dynamism, adaptability, and innovative spirit of your team. Let's not just bring back the office. Let's redefine it. Let's turn it into a destination that supports and inspires. The bold step you take today could well be the giant leap your business needs to outperform tomorrow. Dig deeper into the topic with this thought-provoking article. Let's create irresistible work environments, together. Be brave, be bold, be better with Layer 10. #workspace #redesign #ReturnToOffice #Layer10 #CRE https://lnkd.in/g8Es5shd
Many Workers Say They Are Returning To the Office — of the 2010s
costar.com
To view or add a comment, sign in
-
Founder & Managing Partner of Layer 10 | Board President, Trailhead Community | Public Speaker, Facilitator & Event Emcee
"I wouldn't exactly say I've been missing the office, Bobs..." In our fast-changing work landscape, clinging to old designs and outdated layouts is like trying to navigate the information superhighway with a typewriter. At Layer 10, we're leading the charge in reimagining and redefining workspaces that match the vigor, creativity, and drive of today's workforce. Take a moment to read this insightful piece from Andy Peters and CoStar News on how we can help transform your office from a place you 'have to go' to a destination you 'want to be.' The office of the future isn't a far-off dream; it's a reality waiting to be shaped. Let's create it together. #workspace #redesign #ReturnToOffice #Layer10 #CRE #RTO
In our evolving world of work, static spaces just don't cut it anymore. The research is clear, our workplaces need to catch up to our work styles. 61% of employees feel more productive in a reimagined office environment that fosters both collaboration and provides serene spaces for focused work. These aren't luxuries; they're necessities. We're at a turning point and those who seize this opportunity to remodel and reinvent their workspaces will not only achieve higher productivity levels but also gain a significant competitive advantage in talent attraction and retention. Investing in your workspace now isn't just about future-proofing—it's about unlocking the full potential of your workforce in the present. At Layer 10, we understand the intrinsic connection between workspace design and employee performance. We are here to guide you through this transformative process, helping you create an environment that echoes the dynamism, adaptability, and innovative spirit of your team. Let's not just bring back the office. Let's redefine it. Let's turn it into a destination that supports and inspires. The bold step you take today could well be the giant leap your business needs to outperform tomorrow. Dig deeper into the topic with this thought-provoking article. Let's create irresistible work environments, together. Be brave, be bold, be better with Layer 10. #workspace #redesign #ReturnToOffice #Layer10 #CRE https://lnkd.in/g8Es5shd
Many Workers Say They Are Returning To the Office — of the 2010s
costar.com
To view or add a comment, sign in
-
Retired - Market Insights Leader in the Commercial Real Estate Industry - now Board Member, avid Volunteer and Mentor.
It’s interesting to see how organizations are continuously morphing their physical workplaces. This financial services giant redesigned part of its New York office to fit the new way people work. https://lnkd.in/gK9YABcw #returntooffice #hybridwork #officedesign #flexibility #openconcept #assigneddesk #humancentric #prototype
Moody's designed a prototype office to engage hybrid employees. It's changing how everyone works
fastcompany.com
To view or add a comment, sign in
-
Emmy Quirke of JLL shares some interesting insights on the evolving workplace landscape: 🌟 Adaptable, People-Centric Spaces: Offices must evolve to prioritize collaboration, innovation, and well-being, aligning with employees' changing needs. 🔄 Hybrid Work Standard: Striking a balance is key; while collaboration remains crucial, overly collaborative settings can impede individual focus and productivity. 💻 Technology as Enabler: Indispensable in hybrid work environments, technology facilitates connectivity and enriches the office experience. 📊 Data-Driven Optimization: Customizing solutions to fit specific needs ensures offices effectively support productivity, collaboration, and well-being. 🧘♀️ Prioritizing Employee Well-Being: Mental health support and ergonomic design are integral parts of office planning and management. 🏢 Integrated Workspaces and Vibrant Cultures: Cultivating a sense of belonging and community fosters engagement, creativity, and resilience as work-life boundaries blur. Read more in the article by People Matters: https://lnkd.in/gSRjRMeH #FutureOfWork #HybridWork #EmployeeWellBeing #WorkplaceInnovation 🚀🏢
Building workspaces where people thrive
peoplematters.in
To view or add a comment, sign in
-
Flexibility is a key priority for workers in the offices of the future, with as many as 54% saying they would leave their job if they were not permitted a degree of flexibility. Smart offices are one possible solution to the challenge, by incorporating hyper-personalization technology and converged automation to improve employees’ relationship with their workplace. These improvements might seem like science fiction, but as the needs of businesses and workers change, innovations like these are inevitable. #smartoffices #smarttechnology #officespace #officedesign #CRE
How service automation will create the smart offices of the future - TechNative
https://technative.io
To view or add a comment, sign in
-
As the old saying goes, “Rome wasn’t built in a day,” and similarly, right-sizing a flexible, hybrid accommodating office doesn’t require building all at once. Instead of embarking on massive capital projects, savvy workplace teams are finding success by targeting low-hanging fruit. They make smaller, incremental changes to the built environment, study how these changes impact employee productivity and happiness, and use those findings to make more informed decisions for larger alterations to their real estate portfolio. Workplace teams will need to implement this methodology in 2024 as flexible, hybrid offices maintain their relevance. To learn more about how this methodology can help optimize the workplace of tomorrow, check out our new blog post: https://hubs.la/Q02mybps0 #workplacestrategy #capitalprojects #hybridoffice #flexibility #employeeexperience
The Incremental Approach to Optimizing Your RE Portfolio in 2024 | Saltmine
https://www.saltmine.com
To view or add a comment, sign in
-
The Office Redesign Revolution The pandemic flipped the script on work, and offices are no longer one-size-fits-all. The taste of work flexibility has left many employees feeling uninspired by the traditional office setup. But fear not, entrepreneurs and HR leaders! Here's how to create a workplace that thrives in the new hybrid era. - Hybrid is Here to Stay: Employees crave choice and flexibility. Offer a mix of remote work and in-person collaboration options. - Focus and Connection: Cater to both individual quiet work and team c ollaboration needs. - Tech is King: Frictionless connectivity and top-notch workstations are essential to draw people back. - Data-Driven Design: Survey your workforce to understand their preferences and pain points. Create a hybrid model based on their needs. - Wellbeing Wins: Ergonomics, air quality, and quiet spaces all contribute to employee well-being. - Beyond Work: The future office integrates with life, blurring the lines between work and personal space. - Connection is Key: Companies prioritizing connection and belonging will win the talent war. - The Renovation Revolution: Gone are the days of dull cubicles. Invest in an ambience that inspires and motivates. Think natural light, comfortable furniture, and breakout areas for relaxation. But this isn't just about design! - Prioritize Flexibility: People value choice. Offer a hybrid model with clear guidelines for remote work and in-office collaboration. - Focus on Well-being: Ergonomic furniture, good air quality, and mental health resources all contribute to a happy and productive workforce. - Be Data-Driven: Survey your employees to understand their needs and adapt your workplace strategy accordingly. The future of work isn't just about productivity, it's about creating spaces where employees thrive and feel like they belong. Calling all Employees! What would make your ideal work environment? Entrepreneurs and HR Leaders! Share your thoughts on attracting and retaining top talent in the comments below. #FutureOfWork #OfficeDesign #HybridWork #EmployeeWellbeing
To view or add a comment, sign in
130,560 followers