The Return for Investing in Office Plants
One of the most commonly asked questions before spending money in the corporate world these days is “What is my ROI?” Times are tough, budgets are tight and reserves are low. It is the responsibility of every executive making spending decisions to ensure they are only choosing those things that offer an excellent Return On Investment. It’s a shame that some companies don’t ask that same question when it comes to their offices and the installation of indoor plants; since it offers one of the best returns on investment available.
Let’s unpack just the bottom line returns:
- Productivity Losses - A study undertaken by the Cornell Institute for Health and Productivity studies in New York, estimated that productivity losses as a result of presenteeism (being at work when staff should rather be home recovering) could be as high as 60% of the total cost of worker illness.
- Sick Building Syndrome - According to the NASA report, the presence of indoor plants will filter the air and remove up to 87% of the toxins commonly trapped in the sealed environment. The presence of these toxins is often the cause of many ailments, collectively referred to as Sick Building Syndrome. Healthy staff equals a healthy business.
- Distractions – Especially in open plan or typically noisy offices, strategically placing plants will go a long way to diverting and absorbing noise, keeping staff more focused and completing tasks much faster. More work completed – bigger bottom line.
- Operating Costs – Using plants to maintain humidity levels in buildings is a great way to save on heating and cooling costs. With the way electricity prices are set to go, this could be a considerable saving.
- High Staff Turnover – An environment that is aesthetically pleasing and promotes wellbeing is one that typically retains staff, cutting out the high costs of replacing and then training new staff.
Happy staff make for a happy environment and even though it’s a well-known fact that nobody will ever please everybody all of the time, it is certainly possible to make the space people inhabit for a large proportion of their lives both comfortable and healthy, for mutual gain.