When your entire business model depends on people not working from home, the worst-case scenario is a global epidemic in which nearly everyone works from home. At the height of the pandemic, the thought of working in one of these venues, which bring big groups of strangers together to use shared desks and communal amenities, seemed almost absurd. Many individuals expected that coworking would lose its attraction permanently because people would no longer feel safe working in a communal place.
The world will never be the same again when the pandemic has passed. Work-from-home is here to stay, as proven by the fact that more businesses are expected to follow suit, partially to save money, but also because many employees do not want to return to corporate headquarters. They’re going to want to continue once they’ve had a taste of remote work.
Although many employees enjoy the independence and flexibility of working from home, others have grown tired of it and cannot see themselves doing so continuously. Working from home can be distracting, and even people who have few distractions at home may get lonely and miss the face-to-face contacts they had at work.
Many of these folks will desperately seek alternate workspaces if returning to the office is not a possibility. Coworking spaces are in an ideal position to address this gap. Many prominent corporations deployed large groups of their staff to work in coworking spaces even before the outbreak.
Companies that are transitioning to a 100% remote workforce should consider providing a coworking stipend to their employees. Those who choose to work from home can do so, while those who require additional workspace can choose from several coworking options.
- Many businesses have been obliged to prioritize cost-cutting as a result of the coronavirus outbreak. The cost of renting a commercial office is frequently one of a company’s major operating expenses one approach to cut costs is to move staff to coworking spaces.
- One of the most important variables influencing employee satisfaction is the office atmosphere. People have a wide range of preferences when it comes to where they work, and there is no one-size-fits-all solution that will satisfy all of your employees. Allowing employees to choose their workspace can have a huge impact on employee satisfaction and retention.
- When people from various backgrounds and experiences work together, magic may happen. Coworking spaces can introduce employees to new ideas and solutions they might not have encountered otherwise. Employees’ networks can also be expanded by being close to colleagues from other firms. Referrals can come from chance encounters in the hall or the kitchen.
- When most people enter a coworking space, they note how different it feels from a traditional office. The dynamic atmosphere, created by the energy and excitement of the other workers, is practically palpable. This energizing environment aided in the recruitment of new staff. This is especially true for millennial workers, who are more likely than other workers to want this type of energy.
- When working from home, many employees encounter the problem of not having a suitable location to host meetings with external parties, such as potential clients, investors, partners, or auditors. The employee has little influence over the atmosphere, and the company’s professional image may suffer as a result. Coworking spaces offer a solution by providing professional environments such as conference rooms in which such discussions can be held.