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Why Coworking is Rising in Popularity
Posted by Insightlink on 05/26/17
The demand for shared offices and coworking space is on the rise with the total coworking market currently standing at around $20.5 billion. More businesses than ever are looking towards a flexible way of working in order to reduce costs, increase agility and offer more options to their teams.
Coworking is said to improve productivity, with 71% of workers saying they feel more creative in a coworking space and 68% saying they are able to focus more. Instant Offices have taken a look into the benefits of coworking and how to choose a space that will meet your needs.
What is a Coworking Space?
Also known as shared office space, coworking gives SMEs, entrepreneurs and freelancers access to all the facilities and perks of conventional office space without the cost of a lease and all the hidden extras that go with it. Coworking enables people to work independently in a space with shared values and a defined culture, and is increasingly being adopted by larger organisations too.
Rising Popularity of Coworking
According to research conducted by Instant Offices and CoreNet Global in a report titled ‘Coworking, A Corporate Real Estate Perspective’ , the number of coworking centres is projected to total more than 26, 000 by 2020.
The total coworking market currently stands at around $20.5 billion.
Benefits of Coworking and Shared Office Space
• Cost effective – only pay for the space you need
• Office Amenities: Most spaces will be kitted out with standard office equipment but be sure to enquire about anything extra, like conference facilities, phone rooms, private spaces, projectors etc.
Where does your company stand on each of the critical "4Cs" of employee engagement and satisfaction?
How many of each do you have?
AboutInsightlink Communications are experts in employee survey design, data collection and analysis. Since 2001 we've helped companies of all sizes measure and improve their employee satisfaction and engagement.
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