article thumbnail

Future-proofing Workspaces: Top Tactics To Align CRE Choices With Business Needs

Allwork

Real estate decisions must align with broader organizational objectives, considering factors like cost reduction, spatial needs, and talent attraction, necessitating a comprehensive evaluation of the total occupancy costs and flexible lease terms. Before COVID and before my time at WeWork, commercial real estate was simpler.

article thumbnail

Hiring Internationally Doesn’t Have To Make Payroll Complicated

Allwork

Allwork.Space may earn a small commission when you make a purchase through an affiliate link in our stories, at no additional cost to you. This helps support our journalism. Learn more here. Having a good payroll service can make or break a company. If you don’t pay your employees, they leave.

Payroll 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s Stopping You From Starting a Work From Home Business?

Tips From T. Marie

Home based businesses often have a low startup cost. You need legal counsel to guide you when starting your business. While having legal counsel is a great thing to have access to when starting a business, it’s not a requirement. Being your own boss and loving what you do isn’t a myth, it can be reality.

Legal 253
article thumbnail

Empty Offices, Soaring Debt, Nervous Investors — Exactly How Much Trouble Are Banks In Amid CRE Market Turmoil?

Allwork

A looming loan crisis For landlords, the fall in demand for office space is exacerbated by the fact that virtually all of the loans they took out to buy buildings will experience significant increases in cost when they come up for refinancing, because of the rise in interest rates since they were first drawn down. Banks in the U.S.

2025 284
article thumbnail

Is the Flexible Working Bill a game changer or paper tiger?

Workplace Insight

Additionally, employees won’t have to suggest ways this effect could be addressed. Remote work isn’t just an evolving trend; it’s the future. This highlights the cost savings from reduced turnover since recruiting and training can cost up to nine months of an employee’s salary. Go or go ahead?

Salary 111
article thumbnail

US workers gain more freedom to change jobs as government bans noncompete agreements

Workplace Insight

Additionally, the rule is expected to lead to lower healthcare costs and a surge in innovation, with estimates suggesting as many as 29,000 more patents filed each year in the coming decade. They also argue that such agreements don’t effectively protect trade secrets, as recent research suggests.

article thumbnail

AI may boost productivity, but we are already becoming reliant on it, and that’s a problem

Workplace Insight

Just ten years ago, AI systems couldn’t even classify images as well as humans. Generative AI, a powerful new technology, even shows promise in assisting with legal tasks like contract drafting. New estimates show cutting-edge systems like OpenAI’s GPT-4 cost a staggering $78 million to train.

2023 59