Considering a New Headquarters Project in 2023? Be Suspicious of Imposters

It’s no surprise that after the COVID-19 pandemic, employees rank work-from-home and hybrid flexibility high on their preferred list of employer qualities. According to the SHRM Research Institute, 48% of surveyed workers stated they will “definitely” seek remote positions when searching for their next job. On top of that, 53% of surveyed workers stated, “leaders who mandate returning to the office after their employees worked well remotely are ‘stuck in the past.’”

But what has also come out of the pandemic is a flood of companies who claim to understand how to address the evolving workspace challenges for leaders. Despite these claims, not all companies understand the intricacies of financial institution headquarters.

Don’t Be Fooled by False Claims

We know financial institution headquarters buildings better than anyone else in the market. After all, NewGround has over 100 years of experience and has completed over 15,000 projects. We’ve seen it all in those 100 years and because of that, have the unique ability to project trends, and understand how moments in history, like a global pandemic impact our workspaces. Among our competitors, we have completed the most financial institution headquarters projects to date.

There’s a lot to consider when deciding if a new headquarters is right for your institution, and it isn’t a decision to be taken lightly. Certain key questions have to be asked in order to properly evaluate your current main office.

At NewGround, our START method walks customers through a methodology to uncover answers to those root questions, such as:

  • Safety – Is your headquarters meeting modern safety standards, including COVID/infectious disease space trends?
  • Technology – Is your headquarters technology up to par with enough back-office support for call centers of the future?
  • Attraction – Can your headquarters attract new talent with amenities candidates desire?
  • Retention – Is your headquarters designed to accommodate the growth of a team and retain talented employees?
  • Training – Can your headquarters handle increased employee training or training in a hybrid work-from-home age?

If you’re not fully equipped to handle the new technology necessary to keep employees happy and support remote/hybrid capabilities, recruiting and retaining top talent may prove to be a critical problem very quickly. On top of that, many headquarters don’t properly utilize the space they have once switching to a hybrid work environment. This could mean that space is going unused and wasted and may need updates.

Deciding whether it’s time to update your headquarters or start a new building from the ground up is a big responsibility. It can be stressful to strategize and decide what to do and where to go. But if you trust the experts, NewGround can be here to help you every step of the way.

We Always Start with Strategy

Our Strategy Team works with our clients from day one, planning out the ideal plans, locations, and market influence. Because we’ve been crafting top-quality headquarters for so long, we’ve made connections across the country and can work directly with local contractors and subcontractors throughout the course of the project. From design and architecture to project management and environmental design, NewGround has an all-in-house team ready to support you.

If you’re going to start planning, talk with the experts. We’ll make sure your project is completed on time and on budget.

Check out our innovative work with the Greater Texas Federal Credit Union Headquarters or Neches Federal Credit Union.

If you’d like to learn more, connect with us today

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