Advantages of coworking space: Achieve higher employee retention rate
Last Update: 17 June, 2022•Read: 5 minutes
Recruiting and retaining staff has become increasingly difficult in today’s ever-competitive marketplace. Paying an employee a good salary won’t necessarily guarantee their loyalty if they aren’t happy with their working conditions, don’t love what they do or hate the office culture. Let’s explore the advantages of coworking space that help with rackling these issues.
So how do you reduce your staff turnover, and in turn, minimise hiring costs? Since its introduction to society in 2005, coworking spaces have become a flexible and affordable alternative to traditional offices. But not only that. Studies have found that employees based in shared office spaces are happier, more productive and there for the long term. We’ll explain the advantages of coworking space that help in retaining employees.
So how do you reduce your staff turnover, and in turn, minimise hiring costs? Since its introduction to society in 2005, coworking spaces have become a flexible and affordable alternative to traditional offices. But not only that. Studies have found that employees based in shared office spaces are happier, more productive and there for the long term. We’ll explain the advantages of coworking space that help in retaining employees.
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