Hand selected flexible workspace news from the most reliable sources to keep you ahead of the pack. We find all the latest news, so you don’t have to. Morning and afternoon updates. Stay in the know.
Here’s what you need to know today:
Demand For Flexible Offices Will Continue Into 2021
According to the latest figures from the Office for National Statistics, the government effort to bring more employees back into the workplace has seen commuters grow to over 60%. However, the return to pre-pandemic office occupancy levels won’t occur until at least early 2021 as companies evaluate how to reconfigure their spaces, according to FreeOfficeFinder.
Research from FreeOfficeFinder indicates that companies are opting out of expensive leases and looking into flexible offices to offer some financial relief.
In fact, the findings from FreeOfficeFinder revealed that 89% of businesses are exploring serviced office solutions for January 2021. Additionally, companies looking to downsize their current office space and continue offering flexibility will likely turn to flexible offices to accommodate workers.
“Businesses have to have a great emphasis on ensuring the safety of their workforce and employing Covid-19 measures, while they also have to be able to provide more flexible arrangements for those employees that want to be able to work from home at times,” said Nick Riesel, CEO of FreeOfficeFinder.
WeWork Offers On-demand Office Space
Balder Tol, manager of WeWork Australia, claims that demand for flexible offices is growing as businesses pivot away from large corporate headquarters.
Tol added that large organizations are attempting to de-densify their headquarters due to the pandemic and instead use a network of offices for the time being until they sort out their real estate footprint plans in the long run.
“Despite the changes we’ve seen over the past year, space as a service, WeWork and coworking spaces, have been incredibly well suited to this accelerated change,” said Tol. “We know from talking with both our new and existing members that flexibility – especially this year – stands central into any of their decision-making but [also] informs a huge part of the value proposition they want to offer their employees.”
The Latest News
Delivered To Your Inbox
To meet this demand, WeWork has started offering an on-demand service that will allow people to use their workspaces for short amounts of times, without the risk of taking up a long-term lease. With this program, users can gain access to various WeWork locations in New York starting at $29 a day, or reserve meeting rooms for up to $10 an hour.
What To Expect From The Future Of The Workplace
Although some have claimed that the office is dead, we can anticipate that physical workspaces will still play a crucial role in business operations, but in a different way. Now that companies have realized both the perks and downfalls of remote working, leaders will likely opt for a hybrid arrangement to reap the benefits of both.
One of the biggest losses for the workplace in the last several months has been the lack of in-person meetings. While millions of workers are equipped with the video conferencing tools needed during this time, it is hard to replicate a face-to-face meeting.
“Online video conferences are no substitute for the creativity that happens when a group of smart people get together in person,” wrote Alex Conant and Terry Sullivan of public relations consulting firm Firehouse Strategies. “Trust between colleagues can easily break down outside the office.”
While in-person attendance may be the ideal solution for companies themselves, it is essential for business leaders to consider the needs of employees. Over the past few years, research has proven time and time again that valuing the employee experience is key to a healthy, efficient work environment. So if an employee gets more work done at home than in the office and are happier this way, businesses should offer them the choice to continue doing so.
However, there are still workers who have mixed feelings about remote working who may actually want to work outside of their homes, yet avoid the stress of daily commutes. For them, opting for a local coworking space closer to their home may be the ideal solution.
Share this article