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Office Perks May Be Overrated

Feb 24, 2021 | Posted by Jeff Weil | California Economics, Commercial Real Estate, Commercial Tenant Improvement Contractor, Employment, Newsletter, Office Space, Pandemic, Real Estate Landlords, The Office Market, Tips for Tenants, Trends, Trends for Office Tenants, U.S. Economics, Working From Home, Workspace, World Economy |

According to a recent article from Walker & Dunlop published in Bisnow, “From beer kegs to nap rooms to cold-plunge pools, the 2010s saw a parade of trendy office “perks”. For the companies that called the offices home, these add-ons were meant to bolster a bespoke brand of company culture, whether relaxed, luxurious or hyper-productive. There were meant to be physical proof of the companies’ dedication to keeping employees satisfied. But employees, it turns out, didn’t really care about them.” “There is no correlation between perks and being a great place to work,” Great Place To Work CEO Michael Bush said. “Not free yoga classes or massage chairs or pingpong tables.” Companies that prior to the pandemic has a high trust level with employees saw higher trust levels during the pandemic with work-from-home policies, and companies with low trust levels saw even lower levels during the pandemic. During the work-from-home months is there still enough pressure in the kegerator to pour a bubbly cold one when some workers eventually return back to the office?

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Tags: #officeperks#officetenantss#workfromhome #SIOR
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Jeffrey Weil, CCIM, MCR.h, SIOR

Executive Vice President
San Francisco Bay Area
1850 Mt. Diablo Blvd., Suite 200
Walnut Creek, Ca 94507
CA Lic. 00786195
Phone: +1 925 279 5590
License #: CA-00786195
Email: jeff.weil@colliers.com

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  • Jeffrey Weil
  • Colliers International
  • 1850 Mt. Diablo Blvd., Suite 200
  • +1 (925) 279 5590
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Contact Information

  • Jeffrey Weil
  • Colliers International
  • 1850 Mount Diablo Blvd., suite 200
  • CA Lic. 00786195
  • +1 (925) 279 5590
  • jeff.weil@colliers.com
  • www.officetimes.com

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