The Buildings Performance Institute Europe (BPIE) has developed a set of publications based on more than 400 academic articles, dozens of case studies and expert interviews focusing on health, wellbeing and productivity in buildings.
This research has found that one third of European employees work in an office for an average of 8 hours a day, while most companies spend 90% of their operating costs on people, including salaries and benefits. Investing in building renovation can cut energy costs and improve the environment, though companies could reap the largest benefits by providing a comfortable, healthy and well-designed work space to improve employee performance, decrease staff turnover and absenteeism and thus boost business competitiveness.
The analysis reveals that a holistic people-centric renovation of a typical office can lead to up to a 12% increase in employee productivity. At a European scale, that could be worth up to €500 billion annually.
It is possible to access the market paper via this link.