Ready to Get Started?
Working from home, once deemed experimental, something to be done by exception has now become a mainstream way of life. Entrepreneurs and knowledge based businesses have for some time benefited from the advantages of a mobile work platform that included work from home, business centers, as a corporate base, and work from any place there is reliable Wi-Fi connection. Technology has allowed for seamless connection through video conferencing, and software support, to make remote work very efficient and professional. However, to say that the office is no longer a necessary element of the modern workplace would be a simplistic view. Working remotely enhances the work experience for some but it does come with added stress and compromise.
Consider a small but growing business trying to attract world class talent. Part of the consideration for a new hire will be the outward appearance of the company. If that individual is expected to secure multi- Million-dollar contracts as an example, can that really be done over Skype, Zoom and email? Buyers want to know that their suppliers have a presence, and even better, a local presence. It would be hard to consider a home office a good compromise.
Increasingly, companies are relying on a distributed work force, where employees, contractors, and contingent workers make up a diversified workforce. Suburban locations offer cost savings and in some cases are a better location than a city center. Consider co-locating a smaller team of workers near an important customer. That same location could serve a larger territory, but the company would have a strategic advantage when it came to new business opportunity, having a ready knowledgeable work force in close proximity. This may be most beneficial in creative or knowledge-based businesses.
One of the perils of working from home is that a home is often suboptimal as a functional office. There may be a lack of physical space, lack of privacy and a risk of exposing sensitive information. There are often distractions. Imagine making a very important call or video conference with a lawn mower or dog barking in the background. Equipping a home with a home office can be very expensive. Some go to the extent of upgrading, reconfiguring or adding workspace to a home to create a private space at a huge investment, that may not have a financial pay back as a home improvement.
According to a study by the JLL Human Performance Survey - May 2020, 64 % of millennials are most eager to return to an office environment, the highest percentage of the groups surveyed. Human interaction, socializing with colleges and greater creativity was cited as the most important aspects of returning to a structured office environment. Interestingly the possibility to work in different spaces and choose the most suitable space for a given task was also very important to 16% of millennial respondents.
Technology that enables work from home has been tested during the Covid-19 pandemic. A recent JLL study revealed that only 23% of employees did not feel sufficiently technology savvy for a change to work from home. Anecdotally corporations report that they have maintained productivity due to collaboration tools. Now that the technology involved has been tested, there is a case to be made in locating teams of people outside of city centre locations. Teams located in lower cost, talent rich areas that may also be a notable location for a specific market. A law office, as an example, may be well served by locating closer to an important geographical market with a smaller specialized work team or a virtual office presence at a greatly reduced cost over a permanent office lease.
Officescape Canada provides Class A office and meeting facilities to meet the needs of modern business. Corporates or entrepreneurs can take advantage of scalable work space that can be consumed hourly, weekly or annually, bespoke to the needs of the client. If home based staff is the best solution for your business, Officescape offers a mailing address option that provides the client with not just an address to establish a physical presence, but also On-Demand offices, boardrooms and meeting rooms, that makes Officescape your local corporate office, but only when you need it.