Six Things to Consider In Your Office to Improve

With the first quarter of the year comes the time to implement changes that allow your company to continue growing. Colliers International, a leading global real estate business, proposes 6 points to consider for your office throughout this year. Do you want to know what they are? Here we give you a little review to know what we should pay attention to this year:

1. Review the lease agreement, as market conditions have changed.

The rental market has changed a lot in the last ten years. Currently, it represents between 18-20% of real estate and the trend is that it will continue to increase, especially in large cities.

According to the IESE-Fotocasa index, the average rental price last December was € 7.01 / m 2 per month, which is about 30% less than in 2007. It is therefore important that you review the clauses of your contract and check if it is in accordance with current market conditions.

2. Design to optimize space

Space needs have changed in recent years, progressively the role has been displaced by laptops, meeting rooms need videoconferencing equipment … and thus a series of changes that the technological revolution and internationalization has brought Offices.

If you want to optimize the space it is important to take into account, the increasing mobility of the templates and if you are going to start implementing flexibility measures (such as teleworking) to reorganize the current space and increase mobile jobs.

3. Workplace Trends

If you are going to make changes in the office it can be a great opportunity to apply the latest trends in the creation of more open and collaborative spaces that improve teamwork: networking rooms, offices without offices or partitions, sofas and blackboards to think…

Issues such as lighting, ergonomics and the comfort of the workplace also deserve special attention when creating a space where employees are comfortable to work.

4. Recruitment and retention of young people

The millennials are revolutionizing the labor market and change how businesses work. They are those people born between 1980 and 2000 and are characterized by seeking passion, challenges and happiness in everything they do. The fact that they value more the challenges and values ​​of the projects in the face of economic compensation means that companies must change their modus operandi when recruiting and retaining their professionals.

According to a study by Deloitte, two out of every three millennial professionals expect to change jobs before 2020. Flexibility in working hours, teleworking, commitment to social values ​​and mobility will be some of the challenges that arise in the area of Human Resources to retain new professionals.

5.What are the competitors doing?

A good practice is to observe what measures other companies in the sector are implementing to adapt their workspace to new trends. If you are starting to create a more modern workplace, it is time for you to do the same.

The important thing is to adapt the work philosophy that is working in other companies to your business model.

6. Hire a professional to find out how much you should be paying

Many companies do not know that they are paying more for some of their fixed expenses. According to Colliers International, hiring a qualified expert to analyze company expenses can be a great opportunity to save some money. It can also help renegotiate some fees or payments such as office rent.

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