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WHY ARE LARGE COMPANIES TURNING TO CO-WORKING OFFICES?

WHY ARE LARGE COMPANIES TURNING TO CO-WORKING OFFICES?

There is a huge trend among large companies to recognize the advantages of co-working spaces. Tech giants such as Microsoft, Starbucks, Facebook, and IBM are using them for the benefit of their employees to interact with innovative start-ups and establish new networking. Also, large companies turning to co-working offices to increase their productivity. In fact, Microsoft has said having peers in the same field helps in improving creativity and productivity.

People in all types of careers appreciate the flexibility of working in a non-office environment that has the amenities they need, such as fast internet and printing, along with a setup that promotes collaboration and creativity. When the average person thinks of members of co-working spaces, they picture freelancers, those who work from home or remotely, start-ups, and small companies. However, anyone can use a co-working space, and these are far from the only groups that do so.

Here are 6 reasons why large companies turning to co-working offices

  1. Easy access to innovators

As mentioned before, some of the major tech companies that choose to use co-working spaces do so to get closer to innovators in the field. Because co-working spaces tend to have a social and collaborative element in addition to the features of a traditional office in a more relaxing atmosphere, it becomes natural to interact with others. This gives large corporations access to start-ups with industry-changing ideas and new talent. Hence large companies turning to co-working offices with the trend.

  1. Improved productivity

When like-minded individuals work side-by-side, with industry innovators, start-ups, and creatives all in one space, this provides greater motivation for everyone involved. Not only does it make it easier to get new talent on board, but it also increases productivity. Employees feel more motivated when they’re in an atmosphere where everyone around them is working hard to produce great ideas. Large companies will benefit from increased productivity and may also find new talent in the office. Some major tech companies choose co-working because they have easy access to new innovators, who could become an asset to their business.

  1. Value for money

The reason so many individuals and small businesses use co-working spaces also apply to larger corporations. No matter the size of your business, co-working can save money, provided you choose the right space. Instead of having to rent an office space, buy furniture, pay for utilities, buy office equipment, and provide coffee and snacks, corporations can just pay a monthly fee to the co-working company and notice savings.

  1. Flexibility for employees

Most large corporations that let their employees use co-working spaces offer the choice of working in a co-working environment or in a normal office. This way, employees can have more flexibility and choose whichever location is more convenient for them. In the case of companies collaborating with Bangalore furnished offices and other co-working businesses with multiple locations, employees can choose the location in the city that is by other activities for the day, such as errands they need to run after work. Overall, employees tend to appreciate the shorter commute that comes from co-working spaces.

  1. Stress-free

Co-working spaces usually have a more social and collaborative feel than a traditional office yet they also have all the benefits, in terms of high-speed internet access and equipment. Working in a more relaxed atmosphere means employees can enjoy a stress-free environment.

  1. Modern professionalism

There’s a growing trend among large corporations to use co-working spaces to give individual employees a greater sense of professionalism. When working in a busy office, it can be easy for individual employees to identify with the corporate culture, but lose a little of their own identity at the same time. Working from a co-working environment, where there are multiple organizations, means they can experience other norms and values, in an atmosphere where connectivity is nurtured. In terms of their professional identity, surveys have shown they still identify with their own employer, but experience a positive feeling from mixing with co-workers from other companies.

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