The Hidden Costs of Lost Productivity: Is Your Employee’s Work Environment Hurting Your Business?

Remote work can deliver big cost savings for many companies, and employee’s often love the flexibility. However, there are hidden costs.

Factors Contributing to Lost Productivity in Non-Professional Environments

1. Costly Distractions: Non-professional settings often reduce an employee’s ability to focus and perform at their best. Whether it’s children, noisy or nosy neighbors, household responsibilities or charity collectors, these interruptions chip away at efficiency.
2. Slower Performance: In-person office conversations facilitate quicker decisions. Remote work, however, can slow communication, impacting collaboration and delaying project timelines.
3. Hindered Creativity: Informal conversations and spontaneous brainstorming flow more naturally in shared workspaces. The physical environment also plays a big role in fostering creativity. Homes are often cluttered or lack the aesthetic appeal that can inspire fresh thinking, whereas well-designed, inspiring professional spaces boost motivation and creative output.
4. Mental Health: Emotional well-being is crucial for productivity, yet often overlooked. Employees stuck at home for long periods may experience stress, anxiety, or burnout. Besides for the intrinsic problem, this emotional toll impacts focus, engagement, and overall job performance.

The Real Cost: For businesses, lost productivity is more than an inconvenience. A Gallup report found that disengaged employees cost global businesses $8.8 trillion dollars annually in lost productivity.

Coworking spaces offer the flexibility of remote work with the structure of a professional environment. These spaces provide everything employees need to thrive without the distractions of home. OfficeOurs is designed to inspire productivity and creativity. As one Lakewood COO noted, “It definitely promoted a better work environment.”

A Simple Solution: Coworking spaces combine the flexibility of remote work with the structure of a professional environment. These spaces offer everything employees need to thrive, without the distractions of home. OfficeOurs is designed to provide an inspiring professional atmosphere – and it does. As one Lakewood COO noted, “It definitely promoted a better work environment”.