Your old, worn-out workplace may still allow your employees to have a place to work, but it’s certainly not doing you any favours beyond that. There are many benefits to updating your workplace, with some benefits that are not as readily apparent as others.
Here are a few ways that updating to a modern workplace can positively affect your business.
If you have a workplace where clients are regularly walking through the door, your company won’t look very professional if your office is old and rundown. A modern workplace shows that you are credible and up-to-date, inspiring confidence in your ability to innovate and stay ahead of the curve. Impressing your client base with a clean and professional office is a great way to back-up your business claims and inspire your client to return to you for future services.
Company Culture & Morale
An increasing number of employees are willing to move to another workplace if they don’t like where they work. Loyalty to a single company is no longer as highly valued, where employees are always looking to improve their standing no matter where the opportunity arises. Large companies like Google, Facebook, and Edward Jones have recognized the employee retention problem and have made it their mission to ensure that company culture and happy workers are their top priority. With a positive atmosphere, modern spaces, bright and colourful office spaces, and other workplace incentives, this can help to ensure your employees enjoy coming to work each day.
The Millennial generation is now the largest demographic in the North American workforce today, eclipsing Generation X for the top spot. This generation has grown up in a technological world and has the highest education rate beyond post-secondary levels. A modern office is a great way to be more enticing to this generation, allowing them to do their jobs efficiently and effectively with familiar tools. If a workplace feels outdated and left in the past, it will feel like they will have also left their employees behind.
A modern environment will stimulate a better workflow, and higher levels of efficiency will soon follow. Modern tools make work easier and faster, with more ways to accomplish tasks. By allowing employees to work in a way that best suits their skills, they can produce more at a higher rate of effectiveness when compared with methods they are not familiar with.
The office space is not the limit of where improvements can be made either. Increasing the office’s connectivity means employees can access the office remotely, contributing to their workload no matter where they are and offering the flexibility some employees need to be more productive. Introducing the option for remote work also reduces the amount of space needed in an office, which may also lead to a lesser need for infrastructure and thereby lowering associated costs.
By upgrading the office to modern standards, it makes the space more efficient and more desirable, making it worth more as an investment. Property values are directly tied to how potential buyers view the space, and the more usable and efficient it is for the modern world, the better.
Building the perfect space for your company isn’t easy, which is why Holcraft Contracting can take you from start to finish. If you need a general contractor for home or commercial renovations, let our team of experts at Holcraft give your dreams some life. Call or email us today to get started on your next big office project!