Archive for the ‘Office Talk’ Category

Introducing Pets into the Workplace, a Smart Idea or Barking up the Wrong Tree?

January 11th, 2021

The office can be a stressful place at times, particularly when deadlines are looming and clients are expecting results fast. These stresses can result in negativity, tension, anxiety, and an overwhelming sense of dread, feelings which can ultimately impact productivity and mental wellbeing. Companies across the globe have worked tirelessly to combat these workplace stresses, introducing comprehensive strategies to improve the wellbeing of their employees and cultivate a healthy working environment. Introducing pets into the workplace is one such plan that can, if implemented correctly, positively impact employees by improving morale, reducing stress, easing anxiety, and increasing job satisfaction.

Amazon is a prime example of a global company that has successfully introduced pets through their long-standing tradition of bringing dogs into their Seattle headquarters, a space which is now home to as many as 7,000 dogs on any given workday! The example set by large companies such as Amazon has inspired countless other businesses to adopt similar initiatives, resulting in pets becoming increasingly common in the workplace, particularly in millennial-driven organizations and  creative offices that encourage collaboration.

But what exactly do you need to know before introducing your furry friend to the workplace and what benefits or downsides can come from bringing your pet to work?

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The Differences Between Class A, B, & C Office Space in the USA

January 5th, 2021

There are several types of office space in the USA. These properties are classified according to their quality standards and amenities, using the classification system developed by the Building Owners and Managers Association. This system establishes three main types of office space: Class A, Class B, and Class C. Here are the defining features of each Class:

Class A Office Space

These properties are characterized as having the highest quality standards, amenities, and fixtures. Common features include top-tier HVAC and lighting systems, the latest telecommunications infrastructure, and often have unique design or architectural traits. Because of their high standards, Class A offices are typically (but not always) in new or trophy buildings with high-quality road and mass transit connections. Location also plays a role in Class A offices, as they are often located in sought-after areas such as Capitol Hill, Downtown Los Angeles, and The Loop in Chicago.

Class B Office Space

Class B properties are a middle-of-the-road option for office-based businesses. They are a step below Class A properties in terms of design, systems, and infrastructure, but they are still functional spaces that can accommodate a wide range of office operations. Depending on their location and potential, some Class B buildings are acquired by property management or investment firms and refurbished to Class A standards. Many of these offices are located in buildings that are between 10 and 20 years old.

Class C Office Space

Class C offices are typically located in older buildings (20 years+) outside of the CBD or other highly sought-after business areas. These properties may have outdated infrastructure, fixtures, and amenities, with some requiring partial renovation.

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United States Office Space Rental Rates 2020

December 22nd, 2020

The United States office market is characterized by its wide range of properties, ranging from affordable shared spaces to expensive trophy offices in some of the world’s most desirable business locations. In mid-2020, average gross rates for offices nationwide stood at $35 per square foot with the priciest offices located in New York and California. Within these states, the sub-markets commanding the highest rates are:

  •   New York: Midtown Manhattan at $87 per square foot, specifically in Chelsea, the Plaza District, and Gramercy Park.
  •   California: The Shoreline/Mountain View area, in which prices reach $130 per square foot, followed by Santa Monica and the SoMa district of San Francisco.

Average asking rates in other prime office markets are as follows:

  •   Seattle: $70 per square foot, higher in Lake Union and the CBD.
  •   Washington DC: $55 per square foot.
  •   Cambridge and Boston: $40 and $80 per square foot, respectively.
  •   Los Angeles: Averaging $45 per square foot.
  •   Chicago: Exceeding $40 per square foot in the West Loop.
  •   Raleigh-Durham: $35 per square foot for CBD properties.

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The Benefits of Los Angeles Satellite Office Space

August 28th, 2020

Low-angle Photo of Four High-rise Curtain Wall Buildings Under White Clouds and Blue Sky

The need for a satellite office is often a marker of business growth and success. Relocating the main headquarters and operations of a business isn’t always practical due to the time and expenses involved. As businesses evolve and expand their reach across the globe, they often require a physical presence in multiple locations, allowing them to operate effectively outside of their initial location. A multinational tech giant, such as Amazon, can be seen as a prime example of a business that utilizes satellite offices across the globe to ensure that their reach extends beyond their main Seattle office space. For many companies, acquiring satellite locations is the most feasible way of meeting growth and expansion needs, especially when there are contractual or financial limitations to how much an office can be physically expanded.

Satellite offices, also known as branch offices, tend to have a smaller footprint than their parent company. Many organizations benefit from having a network of satellite locations instead of a centralized office, creating a web of offices which allows them to operate to maximum efficiency.

Satellite offices can be in a different city, county or state from their parent company or the company’s headquarters. To determine where a satellite office should be based, factors such as the proximity to the target market, tax or financial incentives, and the area’s business or economic development climate are taken into account.

As part of the state of California, Los Angeles is renowned for its thriving business scene and strong economic indicators. The city benefits from a mature commercial real estate market that offers a great variety of alternative office spaces, usually ranking among the top five in the United States. Read the rest of this entry »

Staying Healthy at the Office

February 7th, 2013

Going to work each day can become a difficult task if you are constantly battling with illnesses. Staying healthy in the office is an important part of work, and there things that you can do that will help you stay as healthy as possible. A lot of employees become tired during the day or they may feel weak and lethargic. While these are common problems, there are ways to beat them. Following these tips may offer more insight to you regarding this subject, and this might help you with your battle of staying healthy in the office.

The Importance of Good Posture

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Getting Ahead: How to get that office promotion

July 19th, 2012

No one wants to just tread water for their entire career. Doing “just enough” to get by at work doesn’t just hurt your career, it hurts you personally. After all, the amount of money you make can directly influence your quality of life. If you are unwilling to put in the work it takes to get ahead, then you can more or less expect to be unsuccessful forever.

There is a lot of politicking that goes into pushing your career ahead at an office. Any job that requires you to stay in a confined space with other people for hours a day will have this trait. However, this doesn’t mean that the average person can just talk their way into a great promotion. In the few cases where this is possible, you probably wouldn’t even want the job in the first place. Read the rest of this entry »

The Top Ten Companies to Work for in Washington DC

March 19th, 2012

Amtrak
Headquartered in Washington, DC, Amtrak is a government-owned corporation that has been providing interstate train travel since 1971. Amtrak is actually the DBA of the National Railroad Passenger Corporation, and it employs 20,000 people throughout the United States and Canada. Amtrak serves over 30 million people on 21,200 miles of track.

AES Corporation
AES is an electrical power utility that both generates and distributes electrical power throughout the world. It is a Fortune 200 company that provides electrical power to over 27 countries, and maintains holdings in most of these companies to help generate that power. Their revenue was over $16 billion in 2010, and resulted mostly from their utilities division. They maintain a workforce of 28,000 employees worldwide.

Kiplinger
Kiplinger, established in Washington DC, specializes in producing business forecasts in a number of different industries. It helps its clients by creating a financial prospectus that takes into account all of the different variables of their respective industries, while projecting possible gains due to certain strategies. In 2007-8, Ethisphere magazine named Kiplinger one of the most ethical companies in America, solidifying its reputation for a very high standard of ethics.

Capital One
Capital One is one of the largest bank holding companies in the United States. They operate a number of different lending programs, and are most well known for their credit card products. Capital One employs almost 28,000 people around the world, and has posted revenues of $16 billion for the year 2010. It is the fourth largest client of the United States Postal Service, and sponsors a number of professional and amateur sports teams. They generally sponsor college football, European soccer, and Canadian curling events.

Fannie Mae
Fannie Mae is the common name of the Federal National Mortgage Association. It was created in 1938 as part of the New Deal during the Great Depression. It had a profit of $14 billion for the year 2010, even after a significant restructuring of the business following the economic collapse of the first decade of the new millennium.

Freddie Mac
Freddie Mac is a publicly sponsored government entity that deals in secondary mortgage bundling. After a significant restructuring after the housing collapse of 2008, Freddie Mac has been turned into a more well-functioning entity that has become more financially viable. They posted revenues of $14 billion in 2010, and employ 5,300 people.

Gannett Company

Gannett Company is the largest US newspaper publisher, with such major national holdings as USA Today and USA Weekend. It was started in 1906 in Rochester, NY by Frank Gannett, and has developed into one of the most financially viable print companies in the United States. It posted revenues of more than $5 billion in 2010, and has been pioneering the move toward digital media with the downturn of traditional print media. Gannett employs more than 32,000 people.

General Dynamics

General Dynamics is a United States defense conglomerate that is headquartered in West Falls Church. During the cold war, the company was highly involved with the development of defense technologies, but has diversified after the fall of the Iron Curtain. They posted revenues of nearly $32 billion in 2010, and it employs over 91,000 people over four major aspects of their business.

Goodwill Industries
Goodwill Industries is a non-profit business that operates a number of thrift stores and job training centers throughout the United States. Their headquarters is in the Washington, DC area, and they are one of the largest non-profits in the world. Goodwill Industries employes thousands of people at more than 2,000 different Goodwill locations throughout North America. While they are a non-profit, there are a number of different paid positions at the headquarters.

Interstate Hotels and Resorts
Interstate Hotels and Resorts is one of the largest hospitality companies in the entire country, with locations scattered throughout the United States, Canada, and 6 other countries throughout the world. They specialize in running up-scale businesses such as resorts and high-class hotels. They are a subsidiary company of the Thayer Lodging Group, which is based in Maryland. They are well known throughout the world as a holder of many reputable brands.

Dining Out During Chicago Restaurant Week

February 17th, 2012

Chicago Restaurant Week is an event that attracts Chicagoans, Midwesterners and even international folks every year. The event is designed to celebrate the rich history of Chicago restaurants. The event actually lasts for two weeks, and visitors can enjoy competitive prices at top-rated restaurants in the area. Chicago Restaurant Week is also intended to boost the economy and increase profits for restaurants in the area.

Growing the Profitability of Restaurants

All types of restaurants enjoy profitability during Chicago Restaurant Week. From sophisticated venues to the local diner, restaurants generally enjoy an eight percent jump in profits during Chicago Restaurant Week. Participation in the event has been drastically increasing every year. As restaurant owners discover the advantages of becoming part of Chicago Restaurant Week, they have joined in on the fun. In 2013, a total of 286 restaurants participated in the event. Restaurants served over 513,000 meals during Chicago Restaurant Week in 2013. Read the rest of this entry »

Gourmet Food Trucks in LA: Top 10 Tips

November 9th, 2010

Whether you want a quick bite to eat or are a major foodie, food trucks have become popular for many reasons. Hipsters and office workers alike love the chance to support a local business in Los Angeles and enjoy cultural dishes. Busy professionals love buying a lunch that takes just seconds to prepare. To become a food truck connoisseur is quite easy, and all you need to do is find out where these roving trucks are. By checking a food truck’s Twitter feed or googling the truck’s name, you can get instant information on the whereabouts of a truck in your community.

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Briefcase, Bag or Backpack

July 14th, 2009

What you carry with you to work says as much about you as what you wear. You want to make the right first impression on the people you meet, colleagues, clients or employees. If you are a manager of a department your worn out backpack may make you look more like an ageing student. A good quality leather briefcase will keep all your important documents safe and tidy, or a smart handbag or manbag. In this hi-tech era you may also need to take a laptop with you to work or meetings and presentations, so a professional bag with suitable shoulder support is a must. Read the rest of this entry »