Every few years, there comes about a change in trends in the corporate world. From the culture of having cubicles to an open-door policy, employers have tried various strategies to help their businesses grow while making an effort to keep their employees motivated.
Collaborative workspaces have become the latest trend. Collaborative spaces are office premises that house employees of various firms under one roof. Global enterprises to small startups are all trying out this trend.
In Manhattan alone, the number of collaborative workplaces increased by 70%. But does this really affect employees? Our experts list the various benefits of having a shared workspace:
To keep up with the ever-changing environment in the United States, it’s essential to be agile, even as a business. You have to be able to make changes at the same speed that the market is at. Your real estate needs will also, therefore, have to be upgraded.
When you successfully become a member of a collaborative workspace, you won’t have to endure the expensive and utterly stressful moving process. Since the desks, chairs, Wi-Fi, printers, phones, etc. are already installed, there’s very little you need to do.
Signing up for a collaborative space for your employees allows you to make the area operational in no time. These tasks could otherwise take up to a few weeks. With a collaborative zone, you can get to work as soon as you reach.
Prime real estate is known to be supremely expensive, collaborative workspaces are known to be located in prime locations in the area. Not only does this help add prestige to your business, but it also attracts the top talent to apply for vacancies and help retain existing employees.
Companies require their office premises to be centrally located so that it’s easily accessible to all. Collaborative workspaces are generally located within walking distance of public transport, shops, and restaurants.
You can have the best of both worlds with collaborative workspaces, an expensive prime location, and lower rent since its being shared.
Collaborating to work on the same premises as another business can help you cut costs. The costs of maintaining the building will be split among the various businesses, thus helping them to cut costs significantly. Not only is this beneficial for small startups, but it also helps them focus on improving their products or services without the added financial responsibility.
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