Does Agile Working Reduce Costs?

Many finance directors have been challenged to reduce premises overheads whilst accommodating an aggressive growth strategy. On the surface this could appear contradictory – surely if you reduce the premise footprint, the workforce must reduce too?

However, it is a known fact that 45% of office space is largely unoccupied. With staff either out and about at meetings or an annual leave, sick leave or training the chances are you never have 100% occupation in the office. Could your workplace not be better utilized?

Creating an agile workplace is a much more efficient use of space and resource’s and allows for greater flexibility for teams to adapt to their ever-changing business requirements. The Royal Society for the Arts recently carried out a study on the benefits of Flexible Working and they found that in hard cash alone, organisations can realise an annual saving of £650 per employee on office costs, and as much as a further £100 in saved print costs.

PwC have recently created an agile workplace at their headquarters in London. They have been able to achieve a person to desk ratio of 1.5 or over. This equates to a property footprint reduction of around a third, delivering a comparable percentage of savings in both capital and running costs.

Office Principles have a proven track record in simplifying corporate real estate by optimising the workspace. By using agile working practises you can dramatically reduce your office footprint and ultimately reduce costs too. Why not contact one of our experience workplace strategists to explore the cost savings that your organisation could make?

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