London has a host of benefits for employees and companies alike, but there are, of course, limitations. These limitations or disadvantages are the benefits or advantages of moving your office outside of London. In this blog post, Office Clearance London be uncovering the top benefits of placing your company’s hub outside of the city.
1. Cost of office space
Savills reported that London is the most expensive city in Europe for private office space and the fourth most expensive in the world. It’s no wonder moving your company’s office outside of the city is on your mind. This means that every city or town in the UK is cheaper, unless of course, you opt for super-premium standard, and it may be more expensive than standard in London. Assume you move to a like-for-like office; imagine the positive impact it’ll have on your bottom line for a moment.
2. The cost of living is lower
As you can imagine, the cost of living in other cities or towns around England can be significantly lower. It means the average pay is less than in London for the same or similar role, resulting in the possibility to further grow your business’s net profit. However, with lower costs of premises, keeping salaries the same could lead to keeping existing staff and attracting many new skilled employees too.
3. Employee health and wellbeing
London has some beautiful green spaces all over the city, but sadly it isn’t enough to fight the growing carbon dioxide emissions. This means skilled health-conscious employees may prefer to migrate to cleaner towns and cities. In addition to this, cleaner air population towns and cities typically have more green space for residents to enjoy. But how could this impact your business? Employees could be happier and healthier, leading to greater levels of productivity and fewer sick days, if any.