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John Williams:
In my previous company, we went through a lot of initiatives on finding
out what would make the employee happier. We found that some of the simplest solutions
have great benefits, like offering a variety of coffees. We brought in a series of testing
stations. People would line up in the morning to get coffee and have their meetings while
waiting for coffee. We then brought in pastry and hot dog carts. Randomly, a keg would
come around. It was amazing how people looked forward to these activities; it was such a
small investment. When you talk about three years from now, the office will be a more
community environment. People are willing to live with smaller, tighter accommodations.
If you deal with the trade-off of what are they getting in exchange. It might be parking,
coffee, a game room; whatever makes them enjoy being at work. The real estate market will
be tight; we are all going to be doing the same analysis. What’s changing is that we can’t
negotiate like we use to, we don’t have the option to walk away; we have to sign the deal
when it’s in front of us.
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