5 Benefits Why Enterprise Offices are Turning to Flexible Workspace

Sheena Patel | 20 March, 2023 | Est. reading time: 5 minutes
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Think again if you see "coworking" as just a gathering of tech-startup millennials lounging about on used furniture in a communal room. Professional coworking and flexible workspace offices now attract a wide range of businesses and individuals as members. Most provide sophisticated settings with features such as 24-hour access, personalised coffees and teas, honour bars and cafes, high-tech security, private offices, fitness facilities, high-end furniture, social and networking events, learning opportunities, and much more.

Flexible workspace offices are primarily membership-based offices where various groups of freelancers, remote workers, and other independent professionals collaborate in a shared, communal atmosphere. As these alternative work environments have evolved, they have begun to attract huge business clients who view these spaces as a solution to some of their most difficult difficulties.
 

You Can Recruit People From Diverse Geographic Locations

Large corporations are often unable or unwilling to attract enough individuals to work at their company headquarters. Yet this does not have to be a setback. Organizations are now recruiting talent from outside their (restricted) backyards, motivated by the tight labour market and aided by technology to fit in their flexible workspace.

Many of these dispersed teams and individuals find a home in professional coworking spaces or even in flexible workspace offices. 

One reason this works for remote employees is that they like the more organised work environment that coworking offers. There are other studies that suggest that certain employees are more productive, happy, and creative in the workplace.

Flexible Workspace Can Fuel Creativity

Big enterprises like enterprise offices may discover that the collaborative environment of coworking increases the creativity of their workforce. Shifting your development, research, marketing, design, or other teams from a more bureaucratic corporate setting to a flexible workspace atmosphere might give these creative people fresh life.

Collaboration with employees from outside the corporate team might also stimulate fresh ideas. Employees typically find a change of environment stimulating, whether they are considering a permanent relocation or looking for an alternate venue for meetings, events, or an occasional day away.

You can provide client companies with an easy means of expansion

A flexible workspace is frequently used by larger firms wanting to grow into a new market. These huge corporations and enterprise offices will use coworking as a temporary headquarters and focus on expansion, leaving the details of setting up an office to the coworking operator.

Coworking and flexible workspace also allow these fast-developing businesses to take on extra space as needed until they reach the point when locating offices outside of coworking makes sense. These geographical movements frequently begin with a single individual and soon expand into groups of five, ten, or more.

You can help companies be more cost-effective

While the average cost per square foot of coworking surpasses that of regular office space rental, the statistics make sense for many major firms.

A common business lease term is three to five years. And this can aid businesses, who often struggle to predict how much room they will want in the next months or years.

As a result, they frequently take up more space (at least initially) than is required. Coworking spaces and flexible workspaces can be more adaptable. Most professional coworking groups have membership agreements that last between 30 days and a year. This allows business clients to scale up or down as needed, paying just for the space they use that month.

If coworking and flexible workspace employees are more productive, happier, and stay longer, the potential savings in hiring expenses and the advantages of higher productivity strengthen the argument for coworking and flexible workspace areas.

Improved Employee Satisfaction

Coworking spaces and Flexible Workspace offices offer a unique work environment that can boost employee morale and satisfaction. The open layout and social atmosphere can help foster collaboration and creativity, leading to happier and more productive employees.

Employees are more satisfied with their job when they have the freedom to work how and where they wish. Nonetheless, the type of setting in which people desire to work has shifted in recent years. When employment arrangements began to evolve in 2020, many employees discovered that flexible workspace enhanced their quality of life. For many, this meant working from home, working hybrid, or having a more flexible work schedule.

Why is the working environment important?

According to job satisfaction studies, employees are more motivated to do a good job when they work in a pleasant environment. Working circumstances can relate to a variety of elements, ranging from the tools and equipment accessible to the office's cleanliness. Nevertheless, in general, they define the setting in which an employee completes their day-to-day responsibilities, as well as the workplace culture. 

When it comes to employee happiness, company culture is so important that toxic culture is one of the most prevalent causes of high turnover rates inside a firm. Although culture is one of the components of a firm that is felt rather than seen, it nevertheless has a significant impact when it comes to employee retention. 

Full-time employees spend 40 to 50 hours a week in this setting. Employees spend more time at work each day than they do with their families, even when travelling to work is included. The office atmosphere is important since a great environment is what keeps employees interested and productive. Companies with a negative work environment have high turnover rates and lower employee satisfaction.

As workers were forced to work remotely during the outset of the epidemic, it opened up a world of opportunities for them. Workers were able to be productive from the comfort of their homes, save time and money by not having to commute, and spend more time with their families. This change in work location made many employees recognise that the expectations of their employment had shifted.

For all of these reasons, if you operate a large firm like an enterprise office, you should consider the benefits of partnering with a professional coworking organisation like Office Hub as a strategic partner and get all your flexible workspace solutions without any hassle.

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