Cost of Office Space per Employee
Money
Calculates the average cost of office space allocated for each employee. With the rise of remote work and flexible working arrangements, understanding this cost can help companies make decisions about real estate, office design, and work policies.
Formula
Total Cost of Office Space / Total Number of In-office Employees
Example
If office space costs $200,000 annually and houses 100 employees, the Cost of Office Space per Employee would be $2,000.