The changing workplace scenario has encouraged businesses worldwide to be flexible about the idea of a co-working space. Hybrid workplaces—involving employees working from home and occasionally doing so from a physical office—are the norm for several organizations across the globe. This is why the concept of shared co-working office spaces has become popular. Multiple benefits and economic factors, mainly the cost of owning or renting an office, have accelerated this change in work culture.

1. Enhanced productivity
Various research studies have found that employees tend to be more productive and efficient in co-working spaces as compared to a traditional office. This is because these spaces offer employees different working environments and working modes. For example, if an employee feels bored of sitting at a desk for a long period, they can continue doing their tasks from special bean bags installed in co-working spaces. One can also enjoy some herbal tea or coffee or even take their mind off work for a few minutes in entertainment lounges available in co-working spaces. Now, not all co-working zones will have all these features, but they still come with a wide array of benefits to keep employees rejuvenated and productive.

2. Stable Wi-Fi connectivity
Most businesses need a stable Wi-Fi connection to keep their services running. In any workplace, the internet connectivity needs to be seamless so that employees can communicate with each other (from separate locations in case some are working from home or other remote zones) without any disruptions. Additionally, businesses need to have stable connectivity so that important client calls are not interrupted due to network issues or connectivity disruptions. Shared co-working spaces come with stable internet connectivity to ensure that business operations and employee-to-employee communication go on without any hassles.

3. Reduced stress levels
Social isolation and burnout are common among people who work remotely. Sometimes, remote work can even make one feel overwhelmed and enhance their work stress. Shared co-working office spaces resolve this problem by reducing the feeling of isolation among employees. Additionally, the general environment of a typical office, with ringing telephones and looming deadlines, is one that gives employees stress. Several research studies have found that workers in a traditional office space or those working remotely feel less stressed and socialize more when they perform their jobs in co-working spaces as the general vibe of the latter is cheery and optimistic. Such spaces are designed considering the mental health and wellness of employees. This is why working from such shared zones is a relatively stress-free experience for employees.

4. Low overhead costs
The costs of owning or renting an office are quite high. These prices often drive business owners to set aside a large chunk of their revenues (or, before breaking even, their own money) toward “workplace overhead costs.” When a business subscribes to work from a co-working zone, all business owners have to pay is the subscription cost, helping them save the overhead costs.

Some of the other benefits include access to shared and private spaces, enhanced wellness, and work-life balance among employees. All these pros make co-working spaces a great choice for businesses as well as employees.