What are coworking spaces?
Co-working spaces not only provide more available office spaces in prime areas, but they are also an economical option for work-spaces. Co-working splits the cost of maintenance and utilities. Cost of air conditioning, WiFi and cleaning staff can be paid communally, thus cutting costs for each company.
Coworking spaces not only benefit home based businesses but to all type of businesses, Freelancers, entrepreneurs, startups, employees of large corporations and remote workers all can get benefited.
OPPORTUNITY FOR GROWTH
Coworking offers a motivational and Supportive environment. People get good opportunity to network with each other as the ecosystem of people, companies and industries are very diverse. Members can draw energy from one another and coworking colleagues thrive in a pressure-free setting.
STRONG SENSE OF WORK IDENTITY
Coworking spaces contain a blend of individuals working on various functions of a business and also companies involved in various sectors. It gives good opportunity to form a nexus and individuals cultivate a sense of worth and relevance in the work they do.
WORK LIFE BALANCE
The flexibility of coworking spaces allows individuals to choose their own working hours, something that might not be possible in a typical office setting. Coworking not only benefits employees; employers have also realized that with less control of what an individual does with their time, they get better results. Hiring workers without the need to provide office space to them is not only cost effective but liberating. As both employees and employers warm up to this new way of getting work done, it is only a matter of time before the traditional office setting as we know it becomes obsolete.