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Expert Answers to Biz Questions
Listen in! Pick up some expert advice to a reader's question that we selected from CyberSchmooz.
Tips for Improving Employee Retention
Going to work at the same office year after year can breed comfort and discomfort. Sometimes taking the same route to work and seeing the same familiar faces in their usual places is comforting and reassuring. We know where we stand, and we feel confident working in the office. Other times it is stifling, and it can push us into our shell.
Businesses rarely question or ponder whether the offices they've worked in for years still work well for them and their employees. Yet, the office environment has a range of important consequences on your work and your costs.
It's time managers, and business owners consider how relocating their workspace can help their business. With relocation services like Evolve Relocation, it is an easy process.
1) Lowering Costs And Boosting Revenues
If you have become comfortable at the site you've been in for a while, you probably haven't looked around to see how much other spaces cost compared with your lease. It is likely that as your rent has risen each year, new areas have also been opening up with cheaper rents.
Or, if you own your office, it could be worth selling to buy something less expensive, netting a tidy profit you can reinvest in your business.
Either way, whether by saving on rent or making money by selling, changing workspace can be kind on your profit margins.
2) A Change Of Scenery
Knowing a place inside out can be a hindrance as much as it is helpful. If ideas and creativity are central to your work, you may need new or more exciting surroundings to stimulate and inspire your workers.
Taking a different route to work can inspire new ideas for weeks on end as you adjust to a new routine and notice new things each day. Sitting in a new place in a completely different workspace can reorient the way you think, open your mind, and change your mindset. A different-shaped office may enable more collaborative working.
There is no concrete way of measuring the success of this — as there is for point 1 — but if you manage the change well, it can bring innovations you could not have expected.
3) A Better Location For Your Employees
Commuting is a significant drain on time, money, and energy for employees. It is well documented that the stress a lousy commute can cost somebody money and energy and, because of the time, it takes away from personal activities, too.
Look around for a site that is closer to where your employees live. It means your employees will have a little extra time in the day and be less stressed when they arrive in the office.
You may also want to check out any offices that are better connected to transport links. Working in an office that is close to public transport or road links can make the journey easier for everyone.
This kind of move can reduce the burden and stress on your employees. With more time and money to handle tasks in their private lives, they likely become more productive employees.
Also, consider office amenities. An office with good parking, near a gym and good cafes, improves the work experience and makes life easier for your employees.
4) Improved Business Visibility
The visibility of your firm and its brand isn't just about marketing and social media use, but its physical location, too. Moving from somewhere out of the way to a busy place exposes you to tons of potential new customers.
People may be inspired to look you up online or just walk in and see what you do, people who may never have come across you before.
Final Thoughts
Do what you can to improve the comfort and happiness of your workers. Who knows you may even save yourself some time and money along the way.
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