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Office productivity inspiration from the Fortune Global 500

Posted by Oliver Corrigan on Feb 28, 2017 8:30:00 AM
Oliver Corrigan
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The Fortune Global 500 is the collective term for the world’s five hundred largest companies. It includes big names such as Walmart, Volkswagen, Toyota, Apple, BP and Samsung. Together they generated $27.6 trillion in revenue in 2015 alone. You can view the full list of the Global 500 companies on the Fortune website.

With such huge figures at play, it’s fair to say that they know more than a little bit about success! These companies have come from a huge variety of countries, sectors and beginnings to become household names.

The Fortune Global 500 list is a great place to look for business inspiration. We’re particularly keen to share some of their excellent advice for office productivity. After all, no company can reach this level of success without knowing how to efficiently motivate their employees.

Want to try something new at your business?

 

Offer unlimited holiday days

General Electric (no. 26 on the Fortune Global 500 list) has become one of the biggest companies in the world to adopt a permissive approach to holiday time. 43% of its workers now have access to unlimited time off. This may sound counter-productive, but the thought behind this is that by empowering its workers, the company can reap the benefits in increased productivity, loyalty and retention. The theory also follows that the more stress-free and better rested the employees, the better they’re likely to perform in the office.

 

Encourage exercise

Microsoft (no. 63 on the Fortune Global 500 list) are just one of a large number of companies who now recognise just how much of an impact physical exercise can have on productivity. In addition to a full range of employee benefits, designed to create a contented team, the tech giant offers employees complimentary membership to a full-service gym. They also invite employees to take advantage of on-site sports fields and a sports equipment check out service for when they need a break from sitting at their desk...

 

Give your employees the chance to learn something new

Alphabet Inc., otherwise known as Google, (no. 94 on the Fortune Global 500 list) are well known for their innovative approach to employee relations. Google’s office suites are well known for their extensive recreational facilities and the company is always seeking new ways to motivate their workers. One of the ways that they seek to enthuse their employees and keep them passionate for what they do is to encourage them to learn new things. They offer on-site classes on topics such as coding, cooking and music, as well as more substantial degree-level programmes.

 

Embrace flexible working practices

Allianz (no. 34 on the Fortune Global 500 list) is one of many large companies who are reaping the productivity benefits of giving their employees the freedom to embrace flexible working practices. Employees at the company can choose from a variety of working models, including flexible start times, working from home and even compressed hours. By allowing their employees to choose working hours, that fit round their lives, Allianz are building a team who are working on their own terms and are therefore likely to be more conscientious and dedicated in return.

 

SMEs can learn a lot from larger companies, not least in the way they maximise office productivity by offering world class employee benefits. No matter whether your company has five employees or five hundred, focusing on their health, wellbeing and happiness could help you get the best from them.

If you want to start by improving your working environment for your employees, we can help. Why not take a look at our fantastic serviced office space in Leeds, where everything you need for a productive working day comes as standard?

Click here to book a viewing today

Topics: News, offices, SME, productivity, office space, serviced offices

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