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Unveiling the Hidden Potentials of Remote Work Productivity

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A 2020 Stanford University study revealed that remote workers were 5% more productive than office-bound counterparts. Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally. By spring 2022, this figure rose to 9%.

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From the Archives: The Ultimate Cost of Penny-Pinching

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False economy has cost this man very dear. The Expensive Is Often the Cheapest. The breakage, the damage, the losses, the expensive blunders, the injury to merchandise, the loss of customers resulting from cheap labor are not compensated for by low wages. Cheap labor means cheap products and a cheapened reputation.

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Leaders Turn To Real Estate To Offset Expenses, Refocus The Office’s Purpose

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According to the 2022 Refocus and Rationalize the Workplace study from FM:Systems, leaders are increasingly focusing on slashing their real estate costs over the next few years. . But it’s not just about cost savings — many business leaders realize that hybrid and remote work models don’t dent productivity.

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Interior Designers Dish on How to Create a Home Office Design for Better Productivity

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Review our tips and trends for creating a home office design to maximize your productivity , remain Zen despite the many Zooms and showcase your personal aesthetic. I don’t get asked to produce a calm workplace as much as a productive one,” Meg Behrens, founder and lead designer of Meg Behrens Design , says.

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Energy Efficiency Does More Than Help The Planet – It Slashes Office Expenses Too

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While some businesses have turned to drastic measures like layoffs to offload financial burdens, engineers are pointing to a more sustainable method of cutting costs. . Achieving energy efficiency could be key to bringing down building expenses by slashing utility bills and saving energy. .

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CFOs On Guard As Gartner Forecasts Major EBITDA Margin Squeeze by 2027

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Gartner forecasts a significant decline of over 30% in companies’ EBITDA margins by 2027 due to economic challenges like weak demand, high costs, and slow GDP growth, which will require CFOs to adopt new financial strategies. A lethal concoction of stagnating demand and soaring costs. The culprit?

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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

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High financial stress among employees, including those with high incomes, can lead to mental and physical health impacts, which cost businesses in lost productivity. This discrepancy highlights a critical gap in support that could otherwise enhance employee engagement and productivity.