It’s indisputable – there has been a fundamental shift in how, where, and when work happens. This has impacted tenant and employee retention in ways the industry has never experienced or thought possible. But the good news – it’s not all doom and gloom – “great spaces” are succeeding in this market evolution and continuing to drive companies and the economy forward.
Is your space “great”?
The only recognition and certification program that scores and validates end-user real estate experiences in spaces across the world, Best Spaces to Work lists are based on real estate experience data from tenants and their employees gathered through HqO’s proprietary Intelligence suite of products.
So how does your space get on a list?
1. Complete Your REX Assessment
Nominated spaces – buildings, offices, and amenities – first undergo a REX Assessment.
What is the REX Assessment?
Based on the proven methodology of Leesman, an HqO company and the industry’s most trusted workplace experience data source and benchmarking framework with insights from 1.7+ million employees and 8,000+ workplaces, this 10-minute survey quantifies end-user workstyles, preferences, and overall satisfaction within a physical space. Questions are broken out into three categories:
- Impact: assessing the impact the workplace has on various aspects of the organization.
- Activities: assessing how important workplace activities are to the employees and how well supported they feel when doing them.
- Features: assessing the importance of service and physical features in the workplace and how satisfied employees are with them.
2. Get Your REX Score
Once a statistically significant number of assessments have been completed, your space will receive its REX Score. The REX Score is the quality measure of end-user experience within your space. The higher your REX Score, the more it is meeting the expectations of your end-users.
3. Rank on the REX Index
Every REX Score will be added to the REX Index (REXi), the industry’s first global real estate user experience indicator, benchmark, and tool for certifying and exploring properties through the lens of people’s experiences. Once on the REXi you can measure and compare your real estate experience against the best in the world.
4. Get on a Best Spaces to Work List!
Properties that have a REX Score that meets or exceeds the global industry benchmark will be named on the Best Spaces to Work list of their city, in turn certifying them as a “Best Space to Work”.
Lists are published quarterly, however, an annual, full report is released at the end of the calendar year. HqO also recognizes the best of the best from each city list at a celebratory event in the winter.