Workplace Flexibility Cost Savings Calculator

Impact of Implementing Workplace Flexibility or Hoteling on Occupancy Costs for a Single Facility

Total Floorspace (Rentable Sq Ft) OR Space Standard (Sq Ft/Person):
Annual rent ($/Sq Ft):
Total Assigned Headcount for Facility:
Percent of Workers who can share workspace
Average Occupancy Cost:
Includes utilities, maintenance, amortization,
taxes, insurance, furniture, interest, etc. as per IFMA benchmarks 		$4,706
Annual Savings
Desired Ratio of Workers/Workspaces (e.g. 3 to 1) 2:1 3:1 4:1 5:1
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Annual Savings
Savings over the Life of a 10 Year Lease
Number of Workstations eliminated
New Cost per Worker
Annual Savings per Worker
Current Cost Structure
Total Floorspace (Rentable Square Feet)
Current Total Annual Cost of Space
Square Foot Space per employee
Cost per Worker
Cost Structure following implementation of Workspace Flexibility
Number of People who can share workspaces
Shared Workspaces required
Space required to accomodate all workers
New annual cost of space