The global market office furniture market was valued at $117.1 billion in 2017, according to the latest figures by the Business Research Company. China is the country with the largest market share, accounting for 26.3% of the entire industry. The Asia-Pacific region accounted for 44.5% of the global market.
The Emmy Award-winning AMC period drama Mad Men spanned seven seasons and 92 episodes. The show is set in the 1960s at the fictional Manhattan-based advertising agency Sterling Cooper. Don Draper, played by Jon Hamm, was the main character and the company’s creative director and junior partner. He was a stereotypical drunk and chain-smoker who frequently cheated on his wife. Peggy Olson, played by Elisabeth Moss, was the woman trying to break through the glass ceiling, as she was promoted from secretary to copywriter during the show’s run.
Money doesn’t necessarily buy happiness and that cliche played itself out in the annual Best Company Culture survey by Comparably.
Costco earned the top spot on the list of large companies (over 500 employees) despite workers reporting that pay is “not spectacular,” but still above average. The company received 86% positive reviews, with employees citing several perks, including paid company picnics, stock options and free memberships for themselves and all immediate family. Work-life balance is also a contributing factor, with 70% of workers saying they are not overwhelmed and/or overworked.
Bay Area office space has always been pricey. But premiums today have reached levels not seen since the dot-com boom at the turn of the millennium. Renting office space in San Francisco’s central business district will set you back $81.25 per square foot as of Q3 2018, according to data compiled by brokerage house Cushman & Wakefield. That number surpassed the previous record high of $80.16 per square foot in Q4 2000.
Glassdoor has ridden a wave of success since its founding in 2007. The company, headquartered in the Bay Area, operates a website that allows users to post reviews about their current and former employers.
Two decades ago, working from home was considered a privilege that only a few high-ranking company officers and those who owned their own businesses experienced. Telecommuting in the ages of the internet and gig economy has become the norm for many companies and their employees. But remote workers still want their fill of office life.
July 12, 2019
July 12, 2019
People who love their work tend to be happier overall in life. Unfortunately most Americans do not fit this mold.
Cisco Systems conducted a study in 2017 that observed and analyzed the movements of its workers in various facilities. The company concluded that employees worked much differently than they did just a few years prior. The traditional 9-5 shifts were no longer the norm due to the company’s global and telecommuting workforce. Individual cubicles were empty 65% of the time observed, while meeting rooms and other common areas were the preferred choices for workers to complete their duties.
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