Hybrid office ROI areas
A hybrid office creates value in different areas of the business, ranging from saving energy, better utilization of real estate and employee productivity.
The hybrid office is all about a smarter, more efficient use of resources, meaning less time and money is wasted.
Hybrid office solutions often generate value or savings in three major resource categories; utilities, real estate and payroll. Utilities refer to the resources that are spent on water, heating, cooling, and electricity. The real estate includes the cost of rent or ownership, and payroll is the sum total of all employee salaries. In most companies, payroll is by far the largest expense, followed by rent or real estate costs, and utilities are often lower than the rent.
Rent per square foot differs depending on location – but the ratio provides a way to understand the cost elements in relation to one another. Even a 1% improvement in productivity can outweigh improvements in utilities or rent.