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Why Your Apartment Building Needs to Appeal to Remote Workers

Posted by Pearson Brock on Feb 7, 2019

Apartment
property managers can take advantage of the growing trend of telecommuting to
attract new residents. Several factors show it’s worth it to add features that
support remote work as apartment
building amenities
.

Why You Need Apartment
Building Amenities to Attract Remote Workers

CNBC
references an IWG study
that says 70 percent of people around the world work
remotely at least once a week. The New
York Times
mentions another report from a Gallup
survey
, which has found that 43 percent of working Americans
telecommute for at least some of the time.

What’s
more is that Global
Workplace Analytics
says that compared to five years ago, 40 percent
more employers in the U.S. offer flexible workspace options. They’ve also
discovered that 50 percent of the U.S. workforce has a job that lends itself to
remote work at least part-time. Studies also show that employees in Fortune
1000 companies do not appear at their desk 50 to 60 percent of the time. And
the whopper is that 80 to 90 percent of the American workforce wants to
telecommute at least part of the time.

Study
after study shows Americans desire the ability to do remote work and that
companies are offering flexibility to meet that need. Now you know why your
apartment building needs to attract remote workers. Here’s how you can achieve
that.

Bring in Remote Workers
with These Apartment Building Amenities

One of
the strongest drivers for the explosion in remote work is technology. Having a
high-speed Internet connection is a big factor. Networking
with Residents: Technology Drives the Multifamily Industry
from
Xfinity Communites reports that 87 percent of renters say technology played an
extremely or very important factor in keeping apartment residents satisfied.
Almost half of the respondents state security technologies such as live
video monitoring
and remote video surveillance are one of the top
priorities for apartment building technology investments.

Furthermore,
86 percent agree that apartment building amenities include Wi-Fi solutions.
Wi-Fi offers a bonus in that it could potentially affect property value.
Overall, three-fourths of the respondents report their property has invested in
technology such as fiber-to-the-building and fiber-to-the-unit to entice remote
workers.

One of
the bigger draws of apartment-living for remote workers is a coworking space or
business center in the building. This gives telecommuters a place to congregate
with others and socialize without leaving the building. Another option is to
add conference rooms for holding meetings. Moreover, you can lure remote
workers by providing office-ready spaces inside the apartment building. Many
telecommuters prefer to keep their home and office space separate.

According
to Schlage
and Wakefield Research
and NMHC
and Kingsley Associates Renter Preferences Report
, security
is another important apartment amenity. Should apartments use remote video
surveillance or security
guards
? Some apartment buildings take a hybrid approach using both.
Others choose the technology because it’s more cost effective. For example,
Stealth’s proactive solutions are typically 25-60% less than traditional guards
and provide the highest possible level of security while limiting liability.
Our trained operators watch for activity in real time, to catch events as they
happen. We also provide entry management as value-added
amenity that enhance the security of your property.

Xfinity
Community finds that one-third of the building managers think their property
isn’t prepared to handle a sudden surge of remote workers. Apartment buildings
that aim to create a place to support live-work-play lifestyles will gain a competitive
advantage.

To
learn more about live video monitoring and remote video surveillance as apartment
building amenities that cost the fraction of security guards, please contact us.