Major IT /ITes companies are adopting agile work place strategies to save company’s real estate costs. Agile workplace strategy includes offering recreational and fun activities, cafeteria, quiet pod, a collaborative bench space, an armchair or a traditional desk. Many companies offer to work in a traditional cabin at work place. While, global firms across IT/ITes firms are following the same format across locations including Bengaluru, Chennai, Hyderabad, Pune and Gurgaon. Some companies such as IBM, SAP and Accenture also adopted this strategy. Agile strategy enables more efficient use of space and resources in accordance with outcomes related to profitability and sustainability. It also attracts and retains the top talent which ensures personal empowerment and better work life balance. These efforts help companies to optimize real estate usage and reduce costs.
A recent study mentioned that agile workplace makes the annual cost savings in between $120,000 and $320,000 for 200 employees or roughly one floor of office space in a standard size floorplate. The survey also mentioned that agile workplaces empower employees to choose how they work most productively, with innovative tools and facilities to support them. As there is a huge demand from IT and ITes companies because of the growing importance of Agile work places. The companies prefer only temporary and flexible workspaces which is an added requirement. While, agile workplace strategy uses real estate in an effective way to facilitate additional recreational facilities like games rooms, medical rooms, break out zones, etc. Agile workplace empowers employees to work more innovatively and productively with innovative tools and facilities to support them. Agile workplaces increase the interaction and collaboration between employees which attracts top talent. However, it provides open and direct feedback (culture), transparency, improved work life balance, higher employee satisfaction + cost savings. Cost savings resulted in decrease in usage of office space and productivity.