Monthly Archives: March 2016

Is San Francisco’s Sublease Sky Falling? We think it’s unlikely, here’s why.

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By: Amber Schiada, Vice President & Director of Research, JLL

Are we about to witness a sublease crisis in San Francisco’s office market?  We think it is unlikely in the near term.  Here’s why:

pexels-photo-29821Sublease space has increased, reaching 2.27MSF in the last week of March.  That’s up from an average of 1.5MSF throughout 2015. While any rise in sublease space is concerning and this amount of… Read More

The benefits of a desirable workplace

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By: JLL Staff Writer

Genuine expression of a strong and vibrant company culture can also serve to attract new talent. One workplace study indicates that the combination of organizational culture and workplace facilities outweighs salary and benefits as the influential factors in choosing an employer.

This observation is backed by another study (Fig 3) where 74 percent of candidates would consider a slightly lower paying job in a company

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Going the extra mile – Why engaged workers drive business performance

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By: JLL Research

Engaged workers are defined by the consistent discretionary effort they bring to their work practice; they “go the extra mile.” Their own sense of personal success is tied to the business goals, and they develop an emotional connection to the organization. This connection makes them more effective at their job, and they are more likely to develop innovative practices that lead to competitive advantages.

Developing

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The problem of workforce disengagement

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By: JLL Staff Writer

Despite the advances in office design and workplace strategies, the focus on short term cost efficiency has led to an undervaluing of the only resource with unlimited potential— your workforce. Studies continue to show a trend of increasing worker disengagement (Fig 1).

Figure 1

engagement-01

A recent State of the American Workplace

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Healthier jobs growth returned in February, but variance remains

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By: Phil Ryan, JLL Research, Washington DC

After a slow January, February employment showed a healthy return to growth with 242,000 net new jobsUnemployment remained at 4.9 percent, but total unemployment dropped to just 9.7 percent—the lowest rate since before the recession.​

This drop can be attributed to fewer marginally detached workers, improved employee confidence and small-but-significant gains in the active labor force.

 

March 2016 U.S. employment update andRead More

Fully engaged – What does your workplace say about your company culture?

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By: JLL Research

 

Screen Shot 2016-03-10 at 11.41.32 AMIn the upcoming weeks, we will share sections of a recent JLL research report that advocates for the importance of ‘workplace expression’ as a crucial tool that improves employee engagement and motivation. The physical design of the workplace can harness and communicate a company’s culture and brand values.

The future of the workplace

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Downtown Sacramento Pushes Commercial Real Estate Boundaries

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CRE boundariesBy: JLL Staff Writer

As a city, Sacramento is in the middle of a transitional period, evolving from a Monday-to-Friday government town to an 18-hour city with a “live-work-play” vibe. This evolution will only gain pace in the next few years thanks to the response of developers and community initiatives. 

Mayor Kevin Johnson’s “Think Downtown” campaign echoes the call made in the late… Read More