Posts Tagged cost-cutting

Harvard Business Review: The Hireless Recovery

Harvard Business Review: The Hireless Recovery

Executives and entrepreneurs aren’t asking “Who should we hire?” They’re asking, “Why should we hire?” World-class firms are still looking for world-class people. But when world-class people aren’t what’s needed, world-class firms will consider world-class alternatives. Most people looking for a job today aren’t competing against each other. They’re competing against alternative ways to getting that job done.

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Hartford Business: Perks Are Down But Workplace Flexibility Is On Rise

Hartford Business: Perks Are Down But Workplace Flexibility Is On Rise

Under a flextime benefit, employees can schedule their hours outside the standard nine-to-five workday, such as arriving and leaving work early, clocking four 10-hour days or taking two days off during the week in exchange for working weekends. Nearly one-half of the companies surveyed offer flextime, which allows employees to select their work hours within limits established by the employer, according to the society’s study.

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Inc. Magazine: How to Evaluate Your Office Leasing Strategy

Inc. Magazine: How to Evaluate Your Office Leasing Strategy

With many regions of the country currently facing a surplus of office space, it is a favorable market for those considering new office space. If you’re thinking about making a move, it could be beneficial to think broad: consider alternative spaces and effective workplace design in imaging a space that would be ideal for your business.

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Wall Street Journal: Entrepreneurs Make Use of Odd Spaces

Wall Street Journal: Entrepreneurs Make Use of Odd Spaces

Those looking to take up the strategy can potentially find bargains as other businesses shutter and leave attractive properties behind. Office and retail property prices in the fourth quarter were down 31% and 26%, respectively, from two years ago, according to Moody’s Investor Services Inc. And some properties may qualify for tax credits if they’re designated historic.

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REALTOR Mag: Design With Staying Power

REALTOR Mag: Design With Staying Power

With money tight, companies are looking for ways to spend less of their precious capital on expensive buildouts that just get thrown into a landfill when the lease expires.  “Companies are getting more prudent about spending on tenant improvements. They also realize that minimizing the cost of construction buildout reduces the amount of security required to guarantee the lease,” says Mike Watts, senior vice president with J.F. McKinney & Associates, a Chicago company specializing in landlord representation.

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OC Register (Blog): Next corporate dinasaur: Office leases?

OC Register (Blog): Next corporate dinasaur: Office leases?

Who’d be buying office space today? Well, one company–  TechSpace Holdings — just bought an LA office building (it already owned in Aliso Viejo) for its burgeoning business of flexible renting to companies that don’t want to commit to long-term office leases. Victor Memenas, chief operating officer, explains …

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BusinessWeek: Five Reasons to Take Your Business on the Road

BusinessWeek: Five Reasons to Take Your Business on the Road

Years ago, road warriors referred only to a small subset of employees whose job required them to work from outside the office.  Today companies and their employees are often spread across multiple locations and time zones. Smart phones and laptops combined with cloud-based applications and services, such as an on-demand file server, can provide the mobile worker with all the benefits of a traditional office. 

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Cincinnati Enquirer: Ad agencies forced to shed jobs

Greater Cincinnati’s advertising sector, counted on to be an engine of job growth in coming years, suffered a setback in 2009 as the recession led to declines in ad spending and the downsizing of ad staffs. Individually, the region’s relatively small, usually independent agencies don’t account for an overwhelming number of jobs. But collectively, they make up the kind of industry that economic development officials love – one that’s full of young, creative talent with the potential for high growth.

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Web Worker Daily: Does Web Working Really Add Up?

Web Worker Daily: Does Web Working Really Add Up?

Even if you’re lucky enough to work for a company that will pay to set up your remote office, you’ll still need to take a range of other likely costs into account. So while you may save money, you may not save as much as you think.  Here’s an example budget that I used to assess how much I’d benefit (or otherwise!) by working remotely.

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Wall Street Journal: Office Personal Space Is Crowded Out

Wall Street Journal: Office Personal Space Is Crowded Out

Many employers are trimming the space allotted for each worker. The trend has accelerated during the recession as employers seek to cut costs and boost productivity. “The majority of our clients are moving in the direction of reducing the amount of personal, or what we like to call ‘me’ space,” says Tom Polucci, group vice president and director of interior design for HOK Group Inc., a global architecture and design firm.

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