As you consider renovating your office space, you’re no doubt focusing on the costs of potential options. This is certainly part of the equation, and needs to be part of your decision-making process.
However, an aspect that you may not be aware of — but will be inspired to discover — is that you can leverage an office renovation project to boost employee productivity, which ultimately improves your bottom line. Here are 3 key reasons why:
1. Improve Efficiency
Your existing layout and configuration may not – and likely isn’t – enabling your team to complete their work as efficiently as possible. A study by Harvard Business Review revealed that employees at one company were wasting more than 10 minutes a day just searching for adequate meeting spaces! The same study also found businesses that eliminated cubicles in favor of a more open, collaborative workspace reduced email volume by 50 percent, and yet their employees were more productive and had better communication.
2. Improve Morale
According to a Gallup Poll, the average full-time employee spends 47 hours at work per week — and for some employees, the amount can be far higher, easily exceeding 50 and even 60 hours. Renovating your office gives your team a fresh boost of energy, since you’re making investments to improve and enhance what is, quite literally, their “home away from home”. And while the link between morale and productivity is widely understood, the American Psychological Association has confirmed that “psychological, sociological and economic research has shown that having happy, healthy and engaged workers is good for a company’s bottom line”.
3. Enhance Environmental Systems
An optimized workspace involves choosing the right layout to support your people and workflows – but it doesn’t end there. It also includes enhancing your environmental systems, such as lighting and HVAC. Indeed, UndercoverRecruiter.com, which is widely hailed as the world’s #1 recruitment and career blog, has advised that office renovations boost employee productivity when they incorporate more natural light, and enable the whole environment to maintain a consistent temperature of around 72-74 degrees.
The Bottom Line
Rather than being an expense, renovating your office can be a shrewd investment that delivers ROI in the form of improved productivity, performance and profitability.
To learn more about reaping these rewards, contact Key Interiors today. We’re project management specialists capable of managing your office renovation project from initial design to completion. Our team of forward-thinking collaborative partners has over 30 years of experience, and a track record of more than 300 successfully completed projects.