ECONOMY

Teleworking to slash office rental costs for companies

Teleworking to slash office rental costs for companies

If working from home becomes a pattern for the future, it is set to save companies considerable amounts of cash, including on office rental costs.

A recent report by Arinite Health & Safety Consultancy showed that even with just 5% of employees working from home medium-sized enterprises (employing 250 people) in Athens can save 29,264 euros on an annual basis on rental costs.

If the share of employees working from home comes to 20%, the annual savings from office rent would jump to €117,054, as such a development would lead to smaller space requirements. It would also increase the availability of office spaces.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.