BREAKING NEWS

Pagewood JV Buys 13 Buildings in NW Houston

Central Park Post Oak Coming to Galleria Area

Construction Tops Out at Office Tower

RNR Real Estate Briefs – Texas & more

Mixed-Use Project Kicks Off Near Texas Medical Center

Home staging insights from NAR survey

REALTY NEWS REPORT - Logo

Downtown Houston
RNR-RalphBivinsProject-Interviews
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact
FacebookLinkedinYoutubeEmail
REALTY NEWS REPORT - Logo

Rethinking Workplace Stereotypes

by Realty News ReportNovember 23, 2014
Share0
Source: CBRE Group
Source: CBRE Group

The new stereotypes are Baby Boomers want to work alone locked away in a corner office, while Millennials thrive in open collaborative space with ping pong tables.

A new study by CBRE Group challenges some of the common assumptions. CBRE reports:

“Age is less of a factor than widely thought when it comes to workplace preferences in the U.S., according to a new workplace strategy report by CBRE Group, “Designing the office of the future? Don’t plan it around (what you think you know about) U.S. millennials.” The study, based on aggregated CBRE Workplace Strategy surveys from more than 5,500 office workers across numerous industries, found that while current assumptions about millennials are driving the design of many workplaces today, there is actually little difference in workplace preferences between Millennials, Generation Xers and Baby Boomers.

“The results of this study clearly suggest that variety, choice, access and transparency—attributes typically associated with what millennials want—are indeed important, but not only for millennials,” said Georgia Collins, CBRE’s senior managing director for Workplace Strategy. “Our study actually found that most of these attributes are equally important to Generation Xers and baby boomers.”

“With millennials currently accounting for approximately 24 percent of the adult population in the U.S., and with a projected 75 percent of the workforce being millennials by 2025, much has been made about this new workforce generation, particularly when it comes to workplace strategy. While this is causing many companies today to debate how to balance the needs of millennials with those of a more tenured workforce, the CBRE study suggests that the generational divide is more perception than reality.

Among some of the most notable findings in the report:

  • Millennials are collaborative—they report spending approximately 38 percent of their time interacting with others—but Gen Xers and baby boomers are equally as collaborative. In fact, millennials actually report spending slightly more time doing individual focused work than their colleagues from other generations.
  • When asked what types of spaces would enhance a future workplace, millennials placed most of their value on spaces that allow them to think and concentrate, followed by spaces to meet and collaborate, and spaces for learning and training. Of least importance to millennials was space for socializing (although they still rank this as considerably more important than do their Generation X and baby boomer colleagues).
  • Contrary to widespread assumptions, when asked how they would like to work in the future, millennials said they’d like to spend more time connecting via email and more time in formal meetings—and less time on company-sponsored social networks.

“These findings suggest that instead of putting too much focus on designing the workplace around the millennials, companies would yield better results by designing a well-balanced office that will accommodate the varied needs of different job functions and different preferences of individuals, independent of their age cohort,” said Collins.”

Share0
previous post
Ground Broken for 1,000-Acre Cane Island
next post
New 2,700-acre Community on 288 Corridor South of Houston to Break Ground in 2015

Related posts

Pagewood JV Buys 13 Buildings in NW Houston

Realty News ReportJune 5, 2025

Central Park Post Oak Coming to Galleria Area

Realty News ReportJune 4, 2025

Construction Tops Out at Office Tower

Realty News ReportJune 3, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Search News

CommGate
new version
ECD-RealtyNewsReport-Ad-300x250
Partners Ad
CBRE Ad
Arch Con Corporation Ad
Hines Ad
Avera Ad
RNR Ad 030124
Ziegler Cooper Ad
Lee & Associates Ad
2021 Realty News Report Ad
RNR - Lincoln Property Company
Hal Gordon - Property Tax Lawyer
Hunington Ad
230725-RNR_Digital-Ad_Red
Hunington Ad

Let's Connect

logo
About US
Author Ralph Bivins is editor of Realty News Report, which covers regional and national news. Bivins recently received the Gold Award for Best Column in the National Association of Real Estate Editors Journalism Competition. Contact us
Follow us
FacebookLinkedinYoutubeEmail
@2022 All Right Reserved. Powered by CGS Digital Marketing
REALTY NEWS REPORT - Logo
FacebookLinkedinYoutubeEmail
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact