The days of having to choose between working from the comfort of your home or your corporate office are over. Co-working offers the ideal blend of the flexibility to work from anywhere and the structure of a formal setting. This innovative approach to work is changing how people operate, and its popularity is rising every day. According to Go Globe, the number of co-workers is expected to reach 3.8 million by 2020 and 5.1 million by 2022. Currently, there are around 14,411 co-working spaces worldwide, and 76% of employees intend to continue co-working.
Why is coworking space becoming so popular?
Coworking offers countless opportunities in today’s work landscape. It boosts happiness and productivity, along with many other benefits. Whether you opt for a dedicated desk or a private office, coworking can foster an atmosphere that encourages teamwork and community spirit, promoting healthy business growth, improved well-being, and meaningful impact.
According to CoworkingMag, coworking environment creates a mindset and an energy that can only come from interacting with fellow workers. According to a study conducted by Office Vibe, 64% of entrepreneurs who use coworking space report being more productive and focused while 90% reported being more confident.
Other benefits of coworking include:
Coworking can make you feel healthier
According to Office Vibe, 70% of coworkers report feeling healthier at work. The traditional office setting is notorious for causing all forms stresses. Coworking spaces have been known to bring more innovative intiatives that promote health and wellness of workers.
Coworkers complete tasks better
Studies have shown that coworkers complete tasks better compared to those who work in traditional work environments. People are more productive when they are coworking than when they are working from home or working from formal traditional office settings. 68% of coworkers report focusing better than their counterparts.
Coworkers interact better with each other
According to Business.com, coworkers have better social network lives than those who work from home. In coworking spaces, you are likely to interact with more people than you would if you worked in a traditional office setting or if you worked from home. This leads to better social life interactions. That means coworking can help one to feel more relaxed about work.
Corporate big boys such as Zappos, Google and a number of companies are increasingly finding it attractive to send their workers to work in collaborative spaces. A good example is the London Google Campus. The popularity of coworking spaces is increasing with each passing day as more companies embrace this revolutionary way of working.