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Hot desking saving businesses thousands

By Emma Musgrave | |4 minute read
Hot Desking Saving Businesses Thousands

Hot desking is a great way to ensure maximum use of limited resources, according to a chief experience officer.

Tougher economic conditions, combined with staff still wanting hybrid working conditions, makes the case for hot desking even stronger, says OfficeMaps chief experience officer Robert Wilkinson.

Mr Wilkinson’s company, which specialises in Australian workspace management software, has just rolled out a new calculator to help organisations figure out exactly how much they can save with a hot-desking arrangement.

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The calculator showed businesses could be saving thousands if they adopt this kind of arrangement.

For example, the group noted that “an office located in a prime commercial district in Sydney costs an average of US$742.71 per square metre, according to the calculator”.

“Based on this rate, an organisation that employs 100 employees with an average vacancy rate of desks at 27 per cent and a distribution of one desk per 12.5 square metres (medium density) could potentially save $225,598 if it switched to hot desking,” the group said.

Mr Wilkinson said that as operational costs continue to increase, hot desking is an obvious solution to ensure businesses get their money’s worth for the rent they pay.

“Many organisations are reassessing how much space is actually needed to keep a business going. A physical location to run a business from will always be essential, but how that space is used and how much of it is required are considerations that have changed since the pandemic,” he said.

Hot desking is a way for businesses to reduce overhead costs and eliminate dead space from their offices.

“‘OfficeMaps’ new calculator is the first of its kind to actually demonstrate the huge savings that can be obtained by making this one simple switch. In a volatile economy, every dollar counts, so for businesses trying to stay afloat, hot desking is a no-brainer.” 

RELATED TERMS

Hybrid working

In a hybrid work environment, individuals are allowed to work from a different location occasionally but are still required to come into the office at least once a week. With the phrase "hybrid workplace," which denotes an office that may accommodate interactions between in-person and remote workers, "hybrid work" can also refer to a physical location.