The Super Bowl 2015 Infographic

January 24, 2015 Leave a comment

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs throughout the Boise Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.

 

 

Categories: Uncategorized

Office Space Reflecting Company Culture Can Help It Stand Out Among Peers

January 21, 2015 Leave a comment

Finding well-located office space and then transforming that space to accurately reflect a company’s culture can be key factors in attracting and retaining talent, according to corporate real estate experts.

Curt Wilhelm of Electronic Arts, Inc. and Antonia Cardone of DTZ, Inc. are two Bay Area-based workplace strategists who excel at handling these types of challenges daily, and they are being recognized for their work as honorees of the 2014 Corporate Real Estate awards given by the Northern California chapter of CoreNet Global, the trade association for corporate real estate executives.

Wilhelm, Electronic Arts’ vice president of global real estate facilities and corporate services, will receive the group’s Corporate Real Estate Executive award and Cardone, DTZ’s senior vice president of workplace strategy, global corporate services, will receive the Service Provider award. The awards will be given at the 17th Annual CRE Awards Dinner Thursday, Nov. 20, at the Palace Hotel in San Francisco.

Honorees are recognized for “how they’ve elevated corporate real estate,” said event Co-Chair Nancy Morse, a senior vice president at commercial real estate brokerage Newmark Cornish & Carey in Santa Clara. “It’s based on innovation, and what they’ve done creatively with the work that they’ve done.”

For Wilhelm, that work includes handling 67 offices globally for EA, a video game developer based in Redwood Shores.

When Wilhelm chooses and helps design office space, he turns to employees for input. Hence, each location is unique in its offerings.

“We’re talking to employees of that space in that location,” he said. “[We ask], ‘For your work environment, what’s important to you? What helps you? What do you need?’”

“We don’t approach it as a cookie-cutter view,” he added.

“Electronic Arts is reinventing the office look and feel every time they design an office,” Morse said.

Amenities such as access to restaurants and transportation are important, but more specifically for EA, the company requires space with enough power to support game development and the technology developers use regularly.

“Making sure [offices] have sufficient power, correct lighting and the right heating and cooling in the area is something that we work on all the time,” Wilhelm said.

The interior space also needs to be flexible enough to correlate with the company’s changing product line. For example, a team working on a soccer video game can sit in a room with sofas shaped like soccer goals, ball-shaped lights and Astroturf instead of carpet. Yet the room could easily be changed to match a new game the company introduces.

“We don’t have a standard furniture system,” Wilhelm said.

“Games are ever changing so we have to be able to be flexible and when something changes, we can easily go in there, change it up, and it’s fresh and new,” Wilhelm said. Staying connected with company executives and being able to move and change quickly is “my job day in and day out,” he said.

Creating office space that showcases a company’s image is something more businesses should focus on, said San Francisco-based Cardone, who leads the property services firm’s West Coast workplace strategy team and practice. Some companies tend to look at their peers for ideas on how to format space rather than thinking about what would work best for their individual company.

“Everybody is playing the ‘me, too’ game in relation to workplace strategies in the Bay Area these days. [Such as asking], ‘What do my neighbors have and how can I keep up with them, because I have to recruit people, too,’” she said. “It’s really hard to find examples of people who are seriously on the forefront of workplace innovation.”

A company might have “a technological vision, a customer vision and a revenue vision and then [say], ‘Just make the place as good as everybody else’s so that people are willing to come work here,’” Cardone said.

It’s also important for companies to look internally at how to ensure employees make the most of their time spent in the office, she added

“The absolute best work environment I don’t believe is going to make as much difference as the most effective work environment,” she said.

“One of the biggest challenges is diagnosing what the company is trying to deal with and then being able to work with them to develop solutions,” she said.

If strong demand for office space continues in the supply-constrained San Francisco market, Cardone expects companies will begin looking beyond Class A high-rise or converted warehouse space to the “in-between” properties. This space might not have the curb appeal or high-quality finishes of other properties, but some are well located and are more readily available, she said.

“We’re going to see some of these in-between buildings looking to upgrade and improve to meet the demands of the tenants out there,” Cardone said.

The story was originally published on The Registry.

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs throughout the Boise Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.

Categories: Uncategorized

How Much Time Do Employees Spend Doing Real Work?

January 14, 2015 Leave a comment

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs throughout the Boise Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.

Categories: Uncategorized

Happiness At Work: What Matters Most?

Most Americans say they are satisfied with their job, but pay, schedules, and the opportunity to advance remain sore spots for many, with the large percentage of adults whose work doesn’t follow the traditional nine-to-five track reporting particular difficulty balancing their obligations on the job and at home, the latest Allstate/National Journal Heartland Monitor has found.

In the survey, nearly three-fifths of currently or formerly employed Americans say they are (or were) very satisfied with their work. Nearly two-thirds of current or former workers say they are (or were) very successful at their work, as well.

But those current and former workers expressed considerably less satisfaction on several key specific measures of their employment experience—particularly their pay, opportunities for advancement, and ability to meet responsibilities to both their work and their family. And among the fully 47 percent of those surveyed who say they are now working non-traditional hours, concern spikes about both their schedule and work-life balance.

Like other results already released from the poll, these measures of workplace satisfaction find Americans convinced that their own lives are generally moving in the right direction, even if the country is not. And yet, like the earlier soundings, these findings also capture the strain many Americans feel trying to both provide for, and participate in, their family in an age of slow or nonexistent wage growth.

For many Americans, the poll and follow-up interviews suggests, the sustained slowdown in the growth of living standards—the median income remains lower today than when Bill Clinton left office—translates as much into a shortage of time as of money, as workers try to offset stagnant wages by shifting more hours from family to work. It is perhaps a measure of that strain that in the survey, by a decisive 67 percent to 26 percent margin, adults said they would choose a job that provided “more flexibility and shorter hours… but less pay” over one that provided “more pay…but less flexibility and longer hours that gives you less time for yourself and your family.” Other responses likewise show a consistent tilt toward craving—and prioritizing—more family time in an economy where that can be difficult to preserve.

The sense of general contentment with work is shared relatively broadly. In the poll, 63 percent of the formerly employed and 54 percent of those currently employed said they were very satisfied with their job. Looking across both the currently and formerly employed, whites (at 60 percent) were only slightly more likely than non-whites (at 54) and women (at 61 percent) were only slightly more likely than men (at 54) to describe themselves as very satisfied. Even 54 percent of those who describe their finances as only fair or poor say they are very satisfied—only modestly less than the 63 percent of those who say their finances are good or excellent.

William, a marketing director from Richmond, Virginia, who responded to the poll but asked not to reveal his last name, expressed the sense of accomplishment common among many of those surveyed. “I feel like this is me winning, compared to the opportunities that I have anywhere in the world,” he said. “We all would like to think that perhaps it could be a little better, but the big picture is that I have had fantastic opportunities handed to me and I have been able to do it.”

Devin McQuade, a 28-year-old car salesman from Freehold, New Jersey, was similarly upbeat. “Things could be better, but I’m not going to complain,” he said. “I’m in a good spot. My wife and I aren’t hurting for money and we have a beautiful house.”

Still some fissures emerged. Echoing other concerns from those in their prime working years, current and former workers under 50 (at 51 percent) were considerably less likely than those over 50 (67 percent) to call themselves very satisfied. Looking solely at the currently employed, almost two-thirds of workers whose position on the job qualified them as senior employees said they were very satisfied, and almost three-fifths of managers agreed. But only half of workers classified as staff concurred.

Yet as on other broad measures in the survey, the verdict generally leaned positive on this overview question. That tilt repeated on the question that asked workers whether they were successful in their job. Not only did two-thirds of current and former workers describe themselves as very successful but on this self-assessment there was virtually no difference between men and women, whites and non-whites, those with and without college degrees, and only modest variation between senior employees, managers and staff. (As in the mythical Lake Woebegon, the workplace seems to be another place where everyone is above average—at least in their own eyes.)

Asked how they measured their success, workers ranked “making a positive impact,” “doing what you love,” “a good work-life balance,” and “the pay” in that order.

But when the poll turned to the specifics of life on the job, more differences and disgruntlement emerged. On two measures of the workplace experience, big majorities of the currently and formerly employed described themselves as very satisfied: Seventy-two percent expressed that level of contentment about their relationship with their co-workers, and a solid 57 percent did so about their employer’s “mission, purpose and values.”

But assessments were more equivocal on the other measures probed. Just over half (54 percent) said they were very satisfied with the required hours at work; that number dropped to 50 percent for both the work-life balance their job provides and the opportunity “to improve your skills and education at work”; 46 percent for paid vacation and sick leave; 45 percent for benefits; 39 percent for the opportunity to advance; and just 34 percent for pay. On each of these questions relatively modest groups described themselves as entirely dissatisfied, but big camps returned the ambivalent verdict of “somewhat satisfied.” The somewhat satisfied camp ranged from about one-third on work-life balance, opportunity to advance and hours, to nearly half for pay.

Brian Olsen, an engineer in Ann Arbor, Michigan, reflected this ambivalence. While generally quite satisfied with his employer, and confident he is performing well, he lacks enough sick leave to help care for his daughter when she’s too sick for school, and has exercised similar responsibilities on the job for 15 years, leaving him frustrated about his inability to advance. “They just don’t seem to have a lot of opportunities for advancement,” he said. “It has kind of stagnated…because of the economy. There used to be a lot more opportunities before the downturn.”

These detailed measures also captured some of the specific strains confronting the nearly half of working adults who say their schedule now doesn’t follow the historic nine-to-five pattern. Those with and without nine-to-five schedules expressed similar dissatisfaction with their pay (only 31 and 32 percent very satisfied, respectively). But those working outside the nine-to-five track were much less likely than conventional nine-to-fiver’s to say they were very satisfied with their required hours at work (just 42 percent vs. 64 percent) or their ability to balance work and home (40 percent vs. 54 percent). Those outside the nine-to-five world were also somewhat less likely to report satisfaction with their access to paid vacation and sick leave.

Shane Zanke from Bay City, Michigan is among those struggling to integrate his life with an untraditional schedule. Zanke, 44, formerly worked a traditional schedule as a manager for a restaurant, but since that business closed he’s been working irregular hours as a cook. The new job has frustrated him over pay, benefits, and the ability to spend time with his family. “I don’t really have that much of a life because I work split shifts a lot of the time,” said Zanke. “I’ll come in during the day for a few hours and then I come back at night for a few more hours. By the time I get home, we eat dinner and [my kids] are going to bed. On weekends, I work most of the day.”

Compared to those following a nine-to-five schedule, the poll found, those working other hours tend to be younger (about two-fifths are under 33), somewhat less likely to hold advanced educational credentials, less affluent, more minority, and more male. Still, in a measure of how deeply untraditional schedules have permeated the workforce, nearly half of those not working nine-to-five hold college degrees or earn more than $50,000 annually, the survey found. Three-fifths are married or living with a partner.

These assessments on specific aspects of work life also unearthed a kind of upstairs-downstairs pattern in satisfaction. While those whose position qualified them as staff were the least likely to express satisfaction with their pay, benefits or paid leave, senior managers were the least likely to report themselves very satisfied with their hours or work-life balance. Interestingly, there was little difference between the three groups in their assessment of their opportunities to advance, or to improve their skills at work.

Some of these differences resurfaced when the survey asked current employers to rate a series of steps their employers might take to help them better manage their responsibilities at work with their obligations to their families and communities. Those working outside the nine-to-five track placed atop their list “more flexibility to work at different hours” (71 percent very or somewhat important); “more certainty and advance notice” in their schedule (70 percent), and “paid time to volunteer for community or charitable causes” (67 percent). Those working nine-to-five schedules picked paid time to volunteer (65 percent very or somewhat important), followed by more flexibility and more schedule certainty (each at 63 percent). About three-fifths of each group placed an equally high priority on more paid sick leave and more flexibility to work from home. They diverged only on allowing more job-sharing through part-time work: Fifty-eight percent of non nine-to-five workers thought it very important, compared to just 47 percent of those on the traditional schedule.

Despite the difficulty many report meeting their obligations on the job and at home, three-fourths of current and former employees say they put a higher priority on family than their job, with virtually no variation across the key divides of demography or work experience. (The responses of senior employers, managers, and staff, for instance, almost completely converged). Given that compass, it’s not surprising that when asked what they would do if they had more hours available outside of work, 49 percent of past and present workers say they would spend more time with family. Devoting more time to friends, hobbies, and recreation placed a distant second (at 14 percent); learning and continued education were the only other options that drew double-digit support (at 13 percent). Only 9 percent said they would devote more to health and exercise, 8 percent to relaxing and 5 percent to community service or volunteering. Like so many other responses in the survey, those lopsided priorities underscored the extent to which many Americans are now experiencing the wage squeeze on the job as a time crunch at home.

The story was originally published on The Atlantic.

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs throughout the Boise Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.

Categories: Uncategorized

New Year’s By The Numbers

December 31, 2014 Leave a comment

New-Years-Infographic-640x1691

Christmas By The Numbers

December 20, 2014 Leave a comment

Christmas-by-the-numbers-infographic

The Actual Cost Of The 12 Days Of Christmas

December 13, 2014 Leave a comment

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