What is an acceptable vacancy rate for a hybrid work model?
Asked 2 years ago
Hello, what's an acceptable vacancy while factoring in hybrid working? We want to make the most efficient use of our space while still accommodating employees who come into the office. Thanks all.
Lorenzo Mcpherson
Monday, April 03, 2023
There's no set-in-stone acceptable vacancy rate for a hybrid work model, as the rate will vary depending on your organization's specific needs and workforce patterns. Nevertheless, having a vacancy rate of around 10 - 20% is considered acceptable, as it allows for more than enough flexibility and adaptability in accommodating employees' fluctuating schedules. However, the optimal rate for your business will depend on factors like the proportion of remote to in-office work, employee preferences, and even peak workspace demand. So, to determine the ideal vacancy rate for your organization, we recommend analyzing employee usage patterns, surveying employee preferences, and considering different vacancy rates to find the best balance between space efficiency and employee satisfaction.
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