Have Extra Office Space? How Can You Utilize It Efficiently?
Changing the way we do business is well-known. Consequently, efficient use of workplace space is more critical than ever. At some point in the past, everyone worked from the office daily. Today, more than 70% of people work from home at least once a week. Remote work has grown by 159 percent between 2005 and 2017. An ABW (activity-based model) is used in other workplaces to allow workers to switch settings based on the nature of the task and how they like to do it.
Flexibility in the office interior decoration in Noida, including flexible workplaces, is crucial to employees. Eighty-two percent indicated they would be more loyal to the company, and twenty-two percent said they would be prepared to work longer hours if given greater flexibility.
As a result of these changes, efficient office space is adversely affected.
How Can You Utilize the Extra Office Space?
To attract workers to the office, the workplace will need to focus more on office interior design in Gurgaon that can be used in various ways. Toe-in areas, private booths, open meeting rooms, and multi-purpose spaces can all be included in this category. These are three popular methods for reusing and repurposing extra office space. There are many more.
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Redesigning
Unused or inefficiently used office space may be the best candidate for a workplace makeover. Therefore it’s worth looking into. There are various reasons to rethink your workplace layout; the most inventive option will depend on your company’s goals.
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Restacking
Restacking is the process of reimagining an office space to assist a company meet its goals while making the most of the existing square footage. Restructuring your workplace if you have numerous floorplates is an efficient way to consolidate processes and use empty space.
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Subleasing
It’s possible to recoup rental expenses by subleasing a portion of your office interior space to meet the financial responsibilities of your contract. A subtenant may be able to offset some of your expenditures by covering the rent, business rates, and service fee for the portion of the space they use.
Why Redesign Surplus Office Space?
The widespread use of hybrid and flexible working methods has compelled companies to reevaluate their present office space to account for the new working practices of their employees. In a development characterized as a transition from ‘Me to We’ settings, many firms have started reviewing their office space to remodel the workplace and enable new working methods. According to AIA, offices are expected to grow more collaborative in the future, with the percentage of space dedicated to collaboration increasing from 10% to 25%. The reasons for remodeling your workplace will depend on what your firm intends to achieve with its area. If your present space doesn’t sustain your workforce, then a redesign may be the most practical solution without relocating.
It was a challenge to maximize the value of its property when it decided to remodel its office. Two building floors were already occupied, requiring a third to achieve their goals. The company increased the number of flexible workstations on each level by 50 after renovating their environment. However, their existing living quarters were adequate in terms of space, but the manner they were constructed restricted their potential. We could finish our refurbishment without creating additional partitions or encroaching on unoccupied areas.
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What Are the Benefits of Redesigning Your Office?
Through all the changes and pushes towards new working methods, the workplace is being used differently as the typical 9-5 is being modified by businesses across several industries.
Redesigning your workplace has the added benefit of luring employees back to work by providing them with an environment that encourages and motivates them. As the workplace and the way we work are presently changing to new demands developed during the epidemic, an office makeover can assist in enhancing business culture and boosting productivity. Employee experience is a significant area for organizations since individuals want their time in the workplace to be practical and to give a different experience compared to working remotely.
Reorganizing your workspace with office interior designers in Delhi is a great approach to make room for new working methods and, as a result, improve communication and cooperation among your coworkers.
Why Consider Restacking Your Office Extra Space?
Restacking your office is workplace slang for altering your office layout and reorganizing your office space. When reusing underutilized space or rearranging departmental relationships, renters commonly restack office spaces that span many levels.
Many benefits exist over transferring your office space when restacking. It provides a more flexible layout and the ability to reallocate a piece of your space for usage as sublet space without going through the relocation procedure.
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What Are the Benefits of Restacking Your Extra Space?
One of the key benefits of restacking an office is that you may introduce modifications without having to conduct any construction in the workplace. Key portions of the office may stay on the same site depending on the results of the workplace consultant research. The goal is to make the office more efficient, and this can only be accomplished by working with the staff and identifying the company’s weak points and underutilized locations. Adapting an office without spending money on additional tea spots or conference rooms is possible by embracing changes that allow for new circulation patterns, cooperation, and communication possibilities.
Restacking your workplace to utilize extra space is a process-driven change that should be handled efficiently so that any objectives may be fulfilled. It is also vital to look at how the restack is dealt with internally. Change and relocation are inevitable with new ways of working, and a reorganized workplace should follow the same guidelines.
Why Sublease Extra Office Space?
A sublet agreement is a mechanism for businesses to cover rental expenses on extra space they don’t need on a short-term basis or for the life of their lease. Subletting office space might help you save money and earn more money if your company’s strategy changes or if you decide to shrink your office space. There is a consideration for whether you need to remodel the space you wish to rent since changing this space into attractive and quickly occupiable office space will make it a more tempting alternative for businesses looking to move in.
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What Are the Benefits of Subleasing Your Office Extra Space?
It’s possible to save money by renting out unused office space. This is the major reason most firms will try to rent their premises. As the principal tenant, you may recoup some of the leasing cost for the area you don’t use. Finding a sublease renter allows you to avoid sustaining the overhead expense of the unused space.
A popular justification for subletting more space is that your company is expanding, and while you will need more space in the future, you don’t need it right now. If a company plans to develop in the future, this is a viable choice because it permits the company to take on more space than it needs to expand into. Subleasing may allow additional flexibility in leases, with more remote and hybrid working practices becoming the norm, allowing greater flexibility in your office space while still dividing the expenses.
Before making any hurried choices on whether to sublease your space, it is vital to examine what element of the space needs to be retained, what can be carved out from the present area, and what reconfigurations are needed to allow this process. Privacy and secrecy will need to be considered, as will the reality of assuming responsibility for harm. Subleasing part of your office space needs to be part of a researched, long-term workplace strategy as the allotment of space should be estimated based on the predicted development of the firm.
How Will We Help You Redesign Your Space Per the Office’s Changing Role?
We are interacting with the office in a new way because of the emergence of new working patterns and models, such as hybrid working. After the pandemic, the Freespace Index reported that the daily office occupancy rate peaked at 42 percent in March 2022. Before the outbreak, the average was 63%. This statistic suggests that workers return to the office with confidence, but it also shows that they spend less time there. Since office time is now more important than ever, the workplace environment must be as pleasant as possible. Greater adaptability and better reconfiguration capabilities are already included in workplace design to meet changing needs. Consider using workplace space utilization software if these warnings ring true. As you make modifications to the office space, you’ll be able to track and analyze use figures to see how much better things are as a result.
Talk to the experts at AIA India and we will present you with the best-tailored proposal for your workspace to enhance efficiency!