What to Expect in the Workplace in 2014

As we close out 2013, I wanted to share some top workplace trends. We know technology has changed how we work forever; we’re more mobile and flexible and our workplaces and work lives are racing to catch up. As we look ahead to next year here are the three workplace trends businesses can expect in 2014:

1. Rise of the third place: Research shows that even though 65% of workers can work remotely, only 13% say they’re happy to work from home. So a third place beyond the home, office or even distracting coffee shop is needed more than ever. Regus is now developing new types of business locations that offer conveniently located workspaces (airports, railways, retail sites) where people can drop in when on the move and be as productive as they are back in the office. Watch out for the rise of the Regus 3rd place in the U.S. in 2014.

2. Traditional office redesigned: The traditional office setting is no longer necessary as technology has unchained us from our desk. The way we use office space will continue to shift as businesses will look into flexible work options as a means to maintain employee productivity. Additionally, flexible work options have proved to reduce stress, shorten commutes and improve work / life balance.

3. Laying off real estate: Office space is the second largest expense for small businesses. Small businesses, startups and solopreneurs like Marlon Kirton are opting for non-binding, flexible arrangements like drop-in lounges or virtual offices to reduce overhead and better suit the needs of an the modern flexible workforce.

What are some other workplaces trends you are noticing? Share them with us in the comments.

Survey Finds New Yorkers On The Move Are In Need Of A More Productive Workspace

Now that mobile technology has freed workers from the shackles of their offices, a new survey conducted by Regus, the world’s largest provider of flexible workplaces, set out to find how and where New Yorkers get work done.

The data reveals New Yorkers are constantly on the hunt for a place to work:

•62% are expected to be “always on” and available to work from any place and at any time.

•89% work away from their primary offices nearly half the month, on average.

While New Yorkers are accustomed to working on-the-go, they admit in the survey the places they often find themselves in are not professional workspaces:

•68% have worked from restaurants, bars, or coffee shops.

•54% think it’s difficult to be productive in those locations.

To fill the void for workers on the move looking for a professional place to do business, Regus has introduced a solution with the opening of its flagship business lounge in New York City at 747 Third Avenue in Midtown (which New Yorkers ranked as the #1 neighborhood they find themselves in when they’re away from the office during a workday).  Regus also opened a second street-level lounge in the heart of Chelsea at 275 7th Avenue.  These latest investments in New York are designed to provide workers access to a professional place to collaborate, hold a meeting and get work done.

“These are the ideal locations for professionals looking to avoid the isolation of working from home and the endless distractions of a hotel lobby or coffee shop,” said Guillermo Rotman, CEO Regus Americas.  “Our new centers can accommodate New Yorkers and business travelers who need to be in the city and near clients.  Surrounding yourself with like-minded professionals often leads to new business partnerships.”

Survey respondents also indicated some of the basics they need to stay productive are very hard to find:

•60% need access to a power outlet

•41% need security

•37% need privacy

While these needs can rarely be met at a coffee shop or restaurant, Regus’ lounges on the east and west side are designed to support modern work habits, which includes more interaction, collaboration and spontaneity.

“We have business centers at the top addresses throughout the city,” explained Rotman.  “Demand is growing as businesses of all sizes want to be more flexible, avoiding long-term, expensive commitments.  The nature of work is changing and the opening of our street-level locations was in direct response to the diverse needs of today’s workforce.”

Four Tips To Stay Productive On The Road To The Final Four

The first two full days of the NCAA Men’s Basketball Tournament are projected to hit workplace productivity hard.  A study by Challenger, Gray and Christmas finds the average employee will spend 90 minutes watching the games and employers will pay distracted workers $175 million.   

While employers can’t control the distractions, there are ways to make the most of the madness. Here are four tips:

Host a watching party: Invite employees into a common area to cheer on teams together. While conversations may not be about this quarter’s revenues, employees who normally don’t interact may embrace in creative thinking and conversations outside of the traditional meeting times. We see this a lot in our centers — companies host tailgates in the common areas; it promotes camaraderie and sometimes new contacts.

Co-Work, Co-Watch: For the work-from-homers and road warriors, pop into a local co-working spot to watch with other flexible workers – you may end up with a team win and a business card from a new potential client.

Build Brackets, Build Teams: Sponsor a company bracket with prizes like comp days or gift certificates. Take it one step further by making team brackets and challenge employees to work together to pick the winners.

Reward the winners: Consider giving alumni of the final two teams the day off on April 8 to tailgate and watch the game (or even travel to Atlanta). They’ll come back rejuvenated and fully-focused.  

And now for the best part.  Through our Social Rewards program, you can enter to win 2 tickets to the Final Four. Click here to learn more.


5 Tips To Save Your Business Money

 

With 2013 well underway and our personal resolutions in the works (some more successful than others), it’s also time to think about shaping up your business. With recent Business Confidence Index research indicating cash flow as the biggest concern for businesses; small business owners and entrepreneurs should use the New Year as a fresh start to approaching their business finances. While personally we can head to the gym or shop less to carry out resolutions, what can businesses do to trim the “business belly fat” and increase cash flow?

 

Here are five steps businesses can take to be fiscally fit in 2013:

 Right size your business: Behind payroll, office space is the largest expenses for small businesses. Ask yourself, do you need a costly, long-term lease that may not apply to your company in six months’ time? See if non-binding, flexible arrangements like drop-in lounges better suit your company’s needs.

2.       Get flexible so your business can react to change: Explore today’s many flexible working options such as co-working, home-working and staggered working hours to reduce stressful commuting, improve morale and boost productivity.

3.       Reach out for new customers: Businesses that have an address in the same city as their customers and prospects have an advantage over out-of-town competitors.  By using a virtual office with a prestigious address, your company can expand into new areas with no upfront capital and minimal risk.

4.       Leverage technology in lieu of business travel: Videoconferencing, Skype and online meetings can keep you in touch with colleagues and clients without the hassle of traveling.

5.       Learn from your mistakes: Symbolically, the New Year represents a clean slate for your business.  Make the time to evaluate what worked and where there is room for improvement heading into 2013. 

Flexible Work Grows in Southern California

We're excited to be growing in SoCal,  opening three new business centers in Los Angeles and planing to double our L.A. portfolio by adding more than 20 locations in the metro area in 2013. As more local businesses turn to flexible working for cost savings, improved work-life balance and increased productivity, demand for Regus services such as flexible-term offices, drop-in business lounges, and virtual offices has skyrocketed in Southern California.

 

 

 

A global provider of turnkey space, we continue to invest across SoCal as demand from mobile workers continues to grow.  From Bakersfield to San Diego, customers can work from more than 50 regional locations.  The newest Los Angeles centers are located at:


·         3415 South Sepulveda Blvd.


·         10880 Wilshire Blvd. 


·         8650 W. Sunset Blvd.

 

 

Our network of flexible space provides entrepreneurs, small- to medium-sized businesses as well as international companies a range of efficient work solutions, including fully equipped offices and meeting rooms, and membership to its drop-in business lounges.  Terms are flexible allowing clients to choose the amount of space they use and the length of time they stay.


Regional Vice President Sande Golgart is overseeing the growth.  He says companies are choosing to focus on taking advantage of new opportunities while we focus on the management of their workplace.  With no upfront capital outlay, businesses can utilize any of our locations and rely on our support team to help them be more productive every day.


In the coming months, we will expand throughout the region, adding new business centers in the suburbs of Santa Barbara and Ventura Counties, and in booming downtown Los Angeles, conveniently situated near LA Live.


These new centers are expected to help customers reduce their traffic-plagued trips into the office. Findings from the INRIX National Traffic Scorecard reveal L.A. drivers spent 56 hours in traffic, higher than the national average as they navigated through some of the worst traffic corridors in the country. In selecting the sites for their new locations, Regus took into consideration points that could help ease commuting times for its clients.


Technology makes it possible for people to work at a schedule and location that best suits their individual needs.  In increasing numbers, Golgart believes businesses are coming to us because we provide the tools and environment, which allow individuals to work better, smarter and faster.