Businesses are slowly but consistently transitioning to a permanent hybrid work environment, according to a senior economist at Econometric Advisors.
A Spring 2022 survey from CBRE found that 73% of companies plan to have some sort of hybrid workplace policy. This trend will lead to a reduction in office space demand by 9% the economist said, as reported by GlobeSt.
Under the average hybrid work model, employees work about 24% less time in the office than they did before the pandemic and will spend about 1.6 days working from home each week in the future. Don’t expect a one-for-one reduction in space needs for employees, though.
Because office space will have to accommodate times of peak usage, employers can only remove about 55 desks for every 100 employees not present in the office.
Related Stories
Building Team | May 3, 2016
Piazza in San Francisco will feature a 92-foot stainless steel statue
Made of 2,500 seamlessly-welded panels, Venus will be the centerpiece of a new public piazza containing other works of art.
Building Team | Apr 6, 2016
Evaluating the value proposition of project vendors
CBRE Healthcare's Daniel Waters has a few pointers for Request for Proposal (RFP) writers and Project Managers when it comes to handling project vendors, including clearly defining performance expectations.
Building Team | Feb 25, 2016
Long-time BD+C editor Gordon Wright, 1939-2016
Gordon Wright, whose career at BD+C spanned 32 years, passed away on February 15, at the age of 76.
Building Team | Feb 10, 2016
DBIA disputes study claiming design-build projects often delivered on time, over budget
Says study did not account for owner-initiated scope changes.
Building Team | Jan 7, 2016
4 reasons the C-suite should care about design-led construction
Lou Astorino shares four examples how a unified approach can directly help C-suite leaders achieve their organizational goals.
Sponsored | Building Team | Dec 16, 2015
How to fix 3 common mistakes AEC teams make in project interviews
In a LinkedIn post, Scott Johnson, business writing specialist at Johnson Training Group, highlights three common missteps that AEC firms make during project interviews. His insights are based on more than 90 interviews conducted with members of various selection panels.
Sponsored | Building Team | Dec 7, 2015
Why employee advocacy is key to social media success
Employee advocacy is key to boosting social media engagement, and employee advocacy is about more than just the promotion of a firm’s brand.
Sponsored | Building Team | Nov 30, 2015
5 ways to bring data into marketing and business development
Here are five ways to use data to enhance the client acquisition process
Cultural Facilities | Nov 23, 2015
BIG plans for Pittsburgh: Bjarke Ingels’ Lower Hill District master plan evokes hilly topography
Paths will be carved to create a dialogue between Pittsburgh’s urbanscape and its hilly surroundings.
Sponsored | Building Team | Nov 17, 2015
The benefits of selling your firm to employees
One business advisor recommends professional services businesses to develop a group of employees who are willing and able to buy the business
