Take control of letting go
Say “workplace flexibility” and most people hear “happy employees.” That’s always a bonus. But the way you approach the talent equation also affects employee productivity, your real estate footprint, energy use and other determinants of the bottom line. For example, the average company pays between $12,000 and $15,000 per employee in facility cost, yet 30 to 40 percent of physical workspaces are vacant at any given moment on a regular business day. Traffic jams cost Americans in urban areas an estimated 4.2 billion hours that flexible workers can convert into productive time.1 So as much as anything else, workplace flexibility is about happy directors and shareholders.