If you thought that only start-ups and freelancers would make use of a coworking space you are sorely mistaken! In fact, following the emergence of the pandemic and the understanding of the benefits allowing their employees to work from home or remotely, a lot of large corporates are looking into coworking spaces as well. Such corporations include giants such as Microsoft, Facebook, IBM, Apple and also Samsung.
But one would ask, why are such companies finding coworking spaces so attractive? Well primarily the use of coworking spaces is allowing these corporations to reduce costs in relation to premises. Additionally, they have also realised the benefits that a coworking space offers when it comes to enriching a company’s culture. How? Because coworking spaces usually hold within them the sort of start-up culture that enterprises seek when it comes to recruitment.
Looking at Microsoft as a prime example, this global corporate giant has been an admirer of coworking spaces ever since the pandemic hit. In a blog published on its website, Microsoft listed the several benefits of coworking spaces for its employees. It explained that one of the biggest complaints received during the pandemic era has in fact been the loss of sense of belonging and camaraderie among employees in the same teams. A feeling that a lot of the time contributed to the creativity within their role. A coworking space offers a middle ground towards giving employees this sense of belonging and community but in a smaller and more controlled environment that is less costly to the company as a whole.
Another learning that they shared was that of agreeing to move their operations where their workers are. “Rather than returning to one mega-office when lockdown ends, workers may be spending more time in coworking spots closer to home or in satellite facilities built along a hub-and-spoke model,” said Microsoft. It also went on to say that such options and possibilities attract the most talented people as they now have more flexibility and feel like their time is more respected and valued. Apart from this, the company increases its accessibility and attracts new employees coming from anywhere around the world.
But what are the benefits of a coworking space for corporates?
- Less costly than renting out a massive office space.
- Offers greater flexibility when choosing where to work from, whether it’s from their desk in an open office, the lounge area or the balcony!
- Easier to implement a proper work-life balance system for employees cutting off on travel time and encouraging rest and relaxation just as much as work.
- Gives employees access to a different kind of community they’re usually used to, allowing them to dip into their creativity and transforming themselves into stronger employees.
Speaking about the concept of coworking, let us take a moment to tell you a bit about our coworking space located in Gżira, a stone’s throw away from Sliema and St Julian’s. Over at Glashaus we offer a modern work space in a small office setting to provide our clients with the opportunity to network while avoiding distractions that may come along with larger spaces hosting larger numbers of people. We offer a relaxed atmosphere, free coffee, tea & water, internet, awesome people, and stunning sea views of Valletta and the yacht harbour. When joining our Glashaus family, you can choose from a range of super flexible short- and long-term leases. Whether you just need a virtual office community, a hot desk, or even your own private office – we have the right solution for you.