Estimating Your True Office Space Costs – More To It Than You Think

According to John Vivadelli, CEO at AgilQuest, a company that creates software to help companies manage office real estate, many companies today are wasting millions on unused office space.  The focus seems to be only on the size of space and the lease rate, however estimating your true office space costs is more than just doing a quick financial analysis.  When evaluating your office space needs and costs Vivadelli suggests you consider the following:

  • Study how employees use the space on a day to day basis.
  • More than 20% to 30% of the seemingly booked conference rooms go unused.
  • Design office space based on what employees actually need and use.
  • Focus on job functions and what will create the best enironment for employees to be productive.

Read the full story here.

 

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