Traditional 9-to-5 jobs, while still quite popular in the workforce, have become outdated for many professionals. It is not something that has snuck up on us – in fact, with our rising dependence on technology, the rise of remote work has been on the trajectory for some time now.
Nowadays, more and more professionals are embracing the flexibility of remote work rather than going on with the same old that has worked for their fathers and forefathers. This naturally has created a seismic shift in the industry and new work opportunities for professionals.
Within this context, coworking spaces have emerged as a favorite for many professionals interested in remote work. Coworking spaces are becoming an essential part of the remote work landscape by offering a range of amenities and opportunities for collaboration. But why is that? What are the Coworking space benefits that encourage professionals to invest in them? Let’s explore the reasoning behind the same.
Unpacking Coworking Spaces
Before delving into the many coworking space benefits available to its members, it would be wise to learn what the concept of coworking spaces is all about.
Coworking spaces, at its core, are shared workspaces that allow professionals to work from a place that is not a traditional office space. Not only does the coworking office spaces provide a conducive environment, but they also possess all kind of amenities that a professional could ask for. Freelancers, entrepreneurs, remote employees, and even small businesses can operate through the coworking office space, either independently or in collaboration.
The concept of coworking space is also not something that is completely new to the work scene, a statement that might come as a surprise to many. Coworking office spaces have been around since the early 2000s. However, their relevance and significance have only evolved in the last decade due to the surge in remote work.
There was a time when these shared office spaces were the domain of start-ups and freelancers, but such is not the case anymore. Now they attract a broad range of professionals with their many attractive features. In the gist, that is what a coworking space is all about.
The Many Advantages Of Shared Office Space For Remote Workers
1. Unlocking Productivity: How Coworking Spaces Enhance Work Efficiency
While there are many coworking space benefits, there is no better place for us to start this topic than looking at the productivity of remote workers in shared spaces. It is, in fact, one of the primary reasons why professionals opt to work from a coworking office space than from the comforts of their homes.
According to the latest survey conducted by a reputable site, business.com, around 74% of the members of coworking spaces have admitted to feeling a lot more productive ever since they moved to this shared working model. In fact, 46% of the respondents stated that it is the most desirable feature of their coworking office space in Noida
These stats are not really a surprise to anyone who has been familiar with the challenges of remote working. While it is true that working from a remote location saves one from commuting long distances, it does add other unique hurdles, such as feeling distracted in a home environment. Working from a coffee shop or any such place is also not a feasible long-term solution – hence the preference for coworking spaces.
Coworking offices are designed specifically to foster a productive work environment among users. These spaces are brimming with resources and tools – like high-speed internet, printers, projectors, and other state-of-the-art facilities that might not be possible for one to have in their home office. Additionally, many shared office spaces offer virtual office space services, allowing one to set up a business without any hassle.
Access to these features – in a work environment specially created to boost productivity – can have a huge impact on remote workers.
2. A Melting Pot Of Ideas: Networking & Collaboration In Coworking Spaces
Unlike traditional office spaces, where employees would only meet with professionals working in the same company, shared office spaces bring together a diverse group of professionals under one roof. This creates a vibrant community that fosters interaction and even collaboration among the members.
An impromptu meeting at the coffee machine to a more formal meeting between two working professionals – it all happens at a coworking space. The opportunity to meet new people, exchange ideas, and form professional relationships with members belonging to different industries is what sets coworking spaces apart from anything other that might be on offer.
The potential for collaboration is immense when it comes to shared office space. For example, it would not be a stretch to imagine a freelance graphic designer collaborating with a software developer working from the same office space. It would naturally lead to a mutually beneficial partnership with both parties getting fruitful results.
This is certainly one of the biggest coworking space benefits. In addition, it should be noted that collaborative experiences such as the one we have mentioned above could lead to innovative solutions that were impossible if both parties were working in isolation. The sky is the limit here.
The Flexibility And Cost Effectiveness Of Coworking Spaces
Coworking spaces are highly flexible – which is another one of its significant advantages. Unlike traditional office space that would require a long-term investment, both in terms of lease & infrastructure, coworking space offers flexible membership that allows one to get started immediately,
Coworking space also has a leg-up over working from home as you would not need to invest in creating a dedicated office space in your home where you can work peacefully and without distractions. A coworking space eliminates the need for all that by providing one the convenience to work at their own pace and schedule.
Now, from a financial perspective, a coworking space is a clear winner over traditional offices and a work-from-home setup. They eliminate the need for significant upfront investment and ongoing expenses such as rent, utilities, maintenance, and equipment. Also, you would have access to all the facilities that you would need to get started with your work – only at a fraction of the cost.
With a coworking space, you eliminate the need for unnecessary spending of your resources and divert them to where they serve best. This will allow you to grow your business or even invest in professional development.
Addressing Common Issues Of Remote Working
There is no question that remote working offers many benefits to the professional – after all, there must be some reason why folks would rather work remotely than spend most of their lives in square cubicles. However, that does not mean there are no challenges to remote working – as there are many.
Feelings of isolation, blurred work-life boundaries & the lack of structured environments are some of the common issues that a remote worker faces when working from home. Thankfully, coworking spaces have an answer to all that and more.
Coworking spaces, with their community-oriented approach and structured work environment, are able to present themselves as a viable solution for remote workers. By offering a space where remote workers can interact with fellow professionals, these spaces easily reduce the feelings of isolation and loneliness amongst its members.
Another thing that coworking spaces do marvelously well is creating a clear separation between workspace and personal space – which is one of the biggest issues for remote workers that work from their homes. It certainly alleviates some of the common pitfalls that are associated with remote work.
Positive Impact Of Coworking Spaces On Work-Life Balance
The influence of technology on how we work has been gigantic – there is no denying this fact. Now, one can work from the comfort of their home without needing to commute to their office and still deliver excellent results. But it also has a massive downside – damaging the fine balance between personal and work life.
How can one relax if they take their work home and are reachable to their clients at any given moment? There is a dire need for a clear separation between a workspace and a home space – that is precisely what a coworking space can provide.
Not only do these coworking offices provide access to a dedicated workspace away from one’s home, but they also have flexible working hours, allowing individuals to tailor their work schedules around their personal lives. This leads to a healthier balance between professional commitments and personal well-being.
Additionally, coworking spaces are often located in city centers or lively neighborhoods that are adequately connected to public transportation. The members would also find various amenities such as gyms, parks, and restaurants in close proximity to their location.
How To Choose The Right Coworking Space
The benefits of coworking space are clear. However, a professional must make the right choice when choosing a coworking space. A remote worker must select a space that aligns best with their needs and work style.
Here are some tips that can help you make that choice:
- Consider the location of the coworking space. You naturally would not want to spend hours commuting to your work desk.
- Check out the membership plans that are on offer. Evaluate your budget and consider the amenities and services included in your preferred plan.
- Maybe make a list of your must-have amenities, as this will allow you to narrow down on what you actually need.
- Pay a visit to potential spaces to get a sense of the atmosphere. Some spaces may be quiet and serene, while others might buzz with activity and collaboration.
- Decide whether you need an industry-focused coworking space or not. While most of the coworking spaces are open to all, several specific industry-focused workspaces are popping out in the market.
Remember that choosing a coworking space is a personal decision and should align with your goals. Consider the above tips carefully, and you will find the perfect space for your work.
In summary, coworking space offers a unique solution for remote workers, with a wide range of benefits that will overcome the challenges they might be facing in their work life. And while coworking space as a concept is still a bit new to the Indian market, it is no denying that it will play a pivotal role in shaping how and where we work in the coming future.