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More Office Space Removed Than Built in U.S. for First Time Since 2000

Allwork

CoStar News reports that the commercial real estate firm projects that 23.3 According to Phil Mobley of CoStar, such conversion projects can be expensive and are still relatively uncommon, but they can significantly impact localized markets. For the first time in over two decades, more U.S. million square feet underway.

2018 278
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Where Is The Least Expensive Place For Coworking?

Allwork

Coworking spaces are traditionally more affordable than maintaining a full office, but where’s the least expensive area for coworking? Those that had the highest number of coworking spaces were found to be Philadelphia, Phoenix, and Portland. In comparison, the most expensive metro areas for open coworking spaces were: Albany, N.Y.

Expenses 260
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It’s More Than Flexibility – Returning To The Office Is Expensive

Allwork

In fact, a report from Owl Labs shows that in-person workers spend around $45 per day on commutes and meals, which could add up to $863 per month, nearly twice as much of the average expense for a remote worker. . The post It’s More Than Flexibility – Returning To The Office Is Expensive appeared first on Allwork.Space.

Expenses 246
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How Happier Employees Give Your Bottom Line a Boost

Success

A report showed “for the first time” a positive correlation between a company’s use of worker-centered strategies and its financial growth. But if you look at research, you’ve got 63% of employees reporting that their employer doesn’t care about them [ based on a Dec. New research suggests that it could. 2020 Gallup Poll ].

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China Orders Pay Cap At State-Owned Financial Firms, Risking Attrition To Private Sector

Allwork

Both state-owned and private financial firms have since proactively lowered salaries and bonuses and discouraged the show of wealth such as by asking staff to avoid wearing expensive clothes and watches.

Salary 264
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52% Of Employees Fear Job Loss As Companies Prepare for Recession

Allwork

Economic Uncertainty Keeps Workers in Place The most common reasons for layoff anxiety include rising prices affecting company performance (48%), knowing someone who has been laid off (39%), and frequent news reports about a possible recession (38%). Half of all respondents reported negative mental health impacts tied to their job search.

Expenses 260
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London’s Flexible Office Market Is Recovering, Rubberdesk Report Reveals

Allwork

Rubberdesk’s June 2022 London Flexible Office Space Report has shown that the flexible office market is recovering in London. With many businesses looking for easy access to transportation for their staff, prices for offices near most tube stations are expensive. The cost to rent a permanent desk in London increased 3.4%

2022 264