The benefits of getting your space right
Here are some stats around the benefits of getting your space right:
- Companies with a highly engaged workforce are 21% more profitable – Source.
- An effective workplace strategy program can lead to a 20-50% improvement in asset performance – Source.
- High performing company culture (which is rooted in a great office environment) leads to 400% higher revenue growth – Source.
- Employees who report being happier at work take 10 times fewer sick days – Source.
Why you don't want to get it wrong
What about the downsides of not having a suitable working environment? Does it really make a difference to company culture and performance?
- Disengaged employees cost US companies $450-500 billion every year – Source.
- 53% of employees say that workplace noise harms their productivity – Source.
- In another study, 58% of high performing employees said they need more quiet work spaces and 62% find their office environment “too distracting” – Source.
- 33% of professionals cite boredom as their main reason to leave a job, which is likely in part due to having an disengaging office environment – Source.
- And 81% of employees would consider leaving their current job today if the right place called – Source.
There are many impacts on staff productivity. Getting the physical environment right is just the first step.