What is it?
Employees of different companies work under one roof. Companies from startups to global enterprises opt for sharing a workspace. Private spaces are mainly for employees who don’t have a permanent desk to work. They get access to work supported on an ongoing or as-needed basis. Employees can use the workspace on their terms, and companies can avoid costly commercial leases with this shared workspace. Sharing a workplace with various private offices helps in shared common areas like the food section, smoking area, and parking, allowing the employees to work throughout the day with flexibility. Shared space doesn’t mean a coworking area. In most cases, a company can have a dedicated office or maybe several floors. But every company will have access to common areas.
Advantages of sharing a workspace:
In today’s fast-moving world, maintaining speed with market coordination is a must. Sharing a workspace will require coordination, which helps grow a business and number of employees without causing any inflexibility, causing the employees to work for that particular company by leasing a traditional building. There are so many advantages in sharing a workplace with other companies, which include:
Easy move-in and fast setup
When an employee becomes a member of a shared workspace, one can cut down stressful and expensive moving process charges. Purchasing or bringing desks or chairs are not needed. Internet connectivity is fast, the printers are ready, and the landlines are connected in which are ready to use. By agreeing to share a working space, one resolves the operational duties, which take weeks of a company’s team efforts. After coming in, employees can start their work immediately.
Office space in prime locations
To attract and retain talent, companies need to set up their offices in prime locations near businesses, malls, restaurants, transportation, etc. Unfortunately, it isn’t easy to lease prime real estate because they are costly. On top of that, buildings should have good brightness and clean surroundings. Sharing working places offers high-demand facilities in prime locations. Unfortunately, the location of most shared workspaces is in financial centres or busy business districts.
All-inclusive amenities
If a company rents a building for an office, It has to pay for utilities, office supplies, and additional amenities like water, parking, etc. And in addition to this, it has to pay for an office manager and support staff to manage them. With a shared workspace, utilities like water, gas, electricity, and Wi-Fi, and many more come inclusive. Some also supply other amenities like coffee and tea, kitchen supplies, printing, and mail services.
Community team
A team is always on hand to help with anything needed for the companies. Having any doubt about the space, technology, amenities, or neighbourhood, this community team will help.
Networking opportunities
Sharing a workspace gives access to employees for the common areas even if the company has a private office or coworking on the same floor. It allows them to communicate with people from other corporations, including business people, freelancers, and remote workers. This movement of knowledge and creativity can be a significant benefit to the employees. Many global enterprises place teams in collaborative spaces to absorb new, innovative ideas from other company employees who are not usually in their network.
Reflects company culture
While sharing a workspace has been intentionally designed, employees can give their best at work. Standards of a company are reflected by the size of the departments, complete setup, which companies do uniquely. Any company can bring their wall frames, rugs, lamps, etc. If a company has a private floor, there are possibilities to incorporate the branding, logo, and company colours that reflect the space uniquely.
