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What are the Benefits of Coworking Space in Chennai?

What are the Benefits of
Coworking Spaces?

This is a more flexible world. Professionals can choose from a variety of work options. Now let’s get into a bit of history. Working from office was embraced by people till recent past. This is mainly due to the lucrative and sustaining picture that the traditional work-from-office model showed, including job security, financial stability, interacting with colleagues, employee benefits, etc. Even work purpose and the meaning attached to it showed a promising picture to the employees, mainly because of the hype created for working from the office.  Then the scenario totally changed due to the covid-19 pandemic. Employers don’t want to give up; they want to give all the facilities to the workers and hence get productivity seamlessly. The work-from-home option was also adopted by organizations, and when needed slowly the hybrid model (both work-from-office and home) followed. 

And then co-working

spaces emerged

As familiarity (read conventional methods of working) sometimes paves the way to newer innovations, the traditional methods of working have led to the emergence of co-working space (which is also called a shared workspace, open office, flexible workspace). And when it comes to the encouragement of employees and helping them reach their purpose and achieve meaning in work, it seems the trending “co-working” option can be a good contender. Well, what is so attractive about co-working spaces?

Benefits Of Co-working Spaces

Imagine a workplace where you can access all the amazing things like fully furnished cabins, air conditioners, desktops, projectors, printers, pantries, etc. These cool amenities also make people dream of working in a co-working space. But there are various other benefits attached to working in a co-working space. Small businesses that are on the verge of giving wings to their dreams can make use of this co-working concept and then rise to the next level.

Co-working spaces: What the future holds

With the growing trend towards flexible working, in the long run, there are a lot of chances for co-working spaces to grow. In fact, it has already grown appreciably. Despite the bottlenecks encountered by several offices in 2020, this is the right time to think about co-working spaces. According to recent statistics, there are around 23000 co-working spaces worldwide. It definitely confirms that co-working is here to stay.

 Even before the coronavirus pandemic, co-working was embraced, but with the advent of the pandemic, it became more established. And this trend will continue to grow given that certain people don’t find work from home a feasible option. To put it in a nutshell, for those who find disadvantages in working from home at the same time want to get the benefits of office-working style, co-working is a great choice.

Co-working groundbreaking concept

Co-working is indeed a disruptive concept. It can be a professional space for businesses to grow, wherein you can even meet clients, rather than meeting in a nearby coffee shop. Brand promotion can also be done appreciably through co-working spaces because you will network with different people. Now we will see more benefits of this innovative concept.

Benefits Of Co-working Spaces

Refreshing:

Work from home or working in an office can create a feeling of loneliness and tiredness. In a co-working space, people have many entertainment activities. You can read your favorite books, listen to good music, have a friendly relationship with your co-working people, have coffee breaks, enjoy a good environment, etc. It can boost up your energy and increase your working efficiency.

Motivation:  

Working with highly motivated persons inspires everyone, and that makes you motivated and work even better. Discussing your problems with expert professionals, finding a solution as a team, watching a freelancer struggle, and winning on their own are some of the scenes you can find in a co-working space. In this way, people are able to learn, share, and grow together. 

Networking:

The best benefit of co-working is to build a network or connect with people. “Your network is your net worth”. The future of co-working spaces is bright and justifies this famous saying. You can find a teacher for your child, a mentor, an investor, a marriage planner for your brother’s wedding, a publisher for your novel, and also a friend.

Meaning in work

In a co-working space, unlike a traditional office, the people work for a spectrum of different companies and projects. There is less competition in such type of work, and there is also no internal politics. The workers just need to do their work productively, without thinking of how I can fit in this environment. By doing so, they find purpose and meaning in their work.

Better management

of purpose

People can choose the time of interacting with others; to be precise, they manage their interactions and purpose. When they wish to have their break alone, they can do so. 

Gateway for learning

new skills

We have to constantly keep abreast with modern technology. Learning is not considered beneficial unless you upgrade it. Co-working spaces are a great way to learn new skills, wherein different professionals who have the same objective can even network and participate in events dedicated to a specific subject.  

Gig economy & co-working

There is a growing requirement for short-term projects nowadays. This is called the gig economy. With the passage of time, this practice is accelerating to such an extent that it has become mainstream. People want flexible work culture along with meaning attached to their work. The gig economy fulfills that.

Perfect space for freelancers and self-employed

It’s a thing of the past when freelancing was labeled as something that lies between unemployment and employment. Nowadays, freelancers can find meaning in their work through co-working spaces. More than ever, freelancing and self-employment are nowadays linked with immense freedom and also safety.

The demand for

co-working Space

If we refer to facts, India has 10% of office spaces occupied by co-working spaces, and it is expected to rise to 25% in the future. Co-working spaces in Chennai are more flexible to all entrepreneurs, startups, business travelers, and freelancers who are all increasing every day. In India, there will be massive growth in employment opportunities in the future, and that’s why co-working spaces are required. You can save up to 25% of your investment in co-working space than setting up in the traditional way of set up. Co-working spaces are the best economically in the business. The co-working culture is quite acceptable by the Indians, and the sustainability of co-working space is great especially in India.

Take-home message

Whether it is a long-term project or a short-term project, full-time job, or freelance job, people want meaning in their work. The other factors are also important, but when there is purpose and meaning attached to work, the job is complete. Co-working is indeed here to stay because of its adding meaning to the term “job satisfaction” and helping start-ups, freelancers, and independent workers reaching the next level. 

Why More Women Should Join Coworking Spaces