Advances in technology and networking have allowed a number of companies to offer employees the option to work remotely from home.
During my ongoing cold calling of downtown office tenants I hear this trend come up often.
Will the adoption of working from home render commercial office space obsolete?
Customers will influence trends
There are certain tenants that will continue to require traditional office space.
Any service based industry where clients are expected to sit down and meet with staff will need central meeting locations to do so.
Some banks, for example, will allow staff to work remotely where their roles are more internal.
The innovation of mobile mortgage brokers is also not a new trend, though they can require occasional office meetings.
Customer service, like personal or commercial banking however, will still need bricks and mortar to hang their shingle.
Medical, legal and accounting professions are a few careers that spring to mind that would have a difficult time conducting business without permanent offices.
It’s not everyone’s cup of tea
A friend of mine was recently offered a Human Resources position at a financial institution.
The job was set up as a remote posting in that she would not report daily to an office, rather setting up a home environment.
She has children that are in school full-time. To some people this would seem ideal.
Ultimately, she turned down the role. Toiling away at home alone was not something she desired.
She craved the social interaction and networking opportunities that a physical workplace offers.
I can report that she is quite content in her decision and has already started making new work relationships.
Office isn’t dead
Regus, an international firm that provides flexible and temporary office spaces for commercial tenancies, has released a report on remote working.
They claim that although 54 per cent of employees around the world spend half their work week somewhere other than their company headquarters not that all people outside of work like being at home.
The improvement of work/life balance is reshaping the work environment. Flexible hours, for example, mean employees can fit in time in the office as well as juggling home demands.
And not every company is slashing their office size. Apple is building approximately 260,000 square feet for new headquarters in California.
Google recently spent $1.9 billion to buy a city block in New York City to house their employees.
And Yahoo banned working from home not too long ago in an effort to ignite more collaboration.
In Saskatoon we aren’t seeing a mass exodus of people moving into home offices but there is certainly more options for employees than ever before.
Creating an environment where staff feel comfortable and want to spend time in the workplace is not just a millennial trait, but rather of any employee.
Which begs the question, is your office inviting?
Posted by Kelly Macsymic