Key Insights into the #FutureofWork and #CREFunction
The JLL Future of Work survey offers some interesting insights into corporate real estate (CRE) decision-making in today’s fluid work environment. Here are some key takeaways:
01
Corporate Goals
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- Revenue Growth: Expanding into new markets and mergers & acquisitions.
- Talent: Attracting and retaining employees is a top priority in face of emerging skills gaps.
- Efficiency: Achieving organizational efficiency remains crucial.
02
Headcount and Budgets
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- Increase in Headcount: 64% of decision makers anticipate an increase.
- Rising CRE Budgets: 65% foresee budget increases by 2030.
03
Work Preferences
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- In-Office Shift: There’s a noticeable shift back towards in-office work.
- Hybrid Approach: 56% of organizations prefer a hybrid model.
- In-Office Mandates: 85% require at least three days in the office weekly, with 44% favoring a full five days.
04
CRE Function Ambiguity
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- Remote/Virtual: Slightly over 30% envision a fully remote model.
- Increased Office Use: More than 60% expect greater office utilization.
- Employee Benefits: 39% consider different pay and benefits for in-office versus remote workers.
- Additional Workspaces: 37% are exploring workspaces closer to where employees live.
This survey highlights the balancing act CRE decision makers face, juggling growth and efficiency while navigating evolving work patterns and preferences. What are your thoughts on these trends?
You can find the article at: https://www.corenetglobal.org/about-corenet-global/the-pulse/the-pulse-article/the-pulse/2024/11/05/new-survey-shows-key-insights-into-corporate-real-estate-(cre)-decision-makers-on-the-future-of-work