CRE Analyst Mar 8, 2024 8:00:00 AM

Atlassian’s 100% Remote Model: A Case Study in Office Space Reduction

Trigger warning for office landlords: You won't like this case study

Atlassian is a software company that went 100% remote during Covid, and after 1,000 days of "Team Anywhere" (the firm's distributed work/WFH approach), Atlassian recently published some takeaways...

"Since 2020, Atlassians have been able to choose where they work, every single day. This decision means our workforce has become highly distributed: instead of being contained to our 12 global offices, Atlassians now collaborate from 10,000+ locations."

"92% of Atlassians say our distributed work policy allows them to do their best work."
 
"91% say it’s an important reason why they stay at Atlassian"

"Representation of women has doubled in certain geographies"

"Despite the fact that we have no in-office mandates, 80%+ of Atlassians visited one of our offices at least once each quarter over the past year"

"Without Team Anywhere, we believe we would need 2x the office space we have today, which translates to meaningful annual savings"

"Atlassians save ~10 days per year in time they would have previously spent commuting"

"Atlassians have attended 5,000+ social gatherings in their local areas"

"We’ve hosted 1,600 team gatherings over the past year, with an average of 16 attendees at each"

"The number of candidates per role is more than 2x higher since Team Anywhere, and candidate offer accept rate has increased 20%"

"We jumped up 40 spots on Fortune’s 100 Best Companies to Work For list (from #47 to #7) in one year for 'leading the charge when it comes to employee flexibility in the new era of work' "

"We haven’t seen any dips in productivity"

"We’ve helped Atlassians spend 13% less time in meetings and report a 32% improvement in focus Our intentional team gatherings boost connection by 27%"

"The biggest blockers to productivity, connection, and innovation are not location-based. They center around how work gets done: back-to-back meetings, vague priorities, confusing email threads, and streams of distracting notifications. All knowledge workers face these challenges, regardless of where they work."

"Our research shows that highly distributed teams with well designed timezone principles (members are spread across timezones but have at least 4 overlapping work hours per day) establish more productive ways of working."

PS - See page 29 for a deeper dive on what Atlassian thinks about office space. 

PPS - We'll share information/case studies on the other side of WFH in future posts.

Read the full case study here

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