Coworking Makes People More Productive
Coworking spaces offer more than just financial gains. They offer high-end amenities, a collaborative environment, and minimal distractions where you can focus on your work and be more productive.
Coworking spaces provide flexibility, a wide range of amenities, minimal distractions, and a collaborative environment where you can focus on your work and be productive. They are productivity hubs designed and curated with the worker in mind.
Coworking spaces also allow you to reduce your operating costs and save money. Not only is the rent cheaper compared to traditional office spaces, but utilities, staff, and furniture are also included in your membership. You also don’t have to sign a long-term real estate lease agreement to rent a coworking space, which is attractive to tenants. For example, our coworking space, Piloto 151, has memberships with flexible commitments. You can upgrade or downgrade your membership without requiring long-term contracts.
Since you don’t have to maintain a fixed office, you have more time to focus on your work. Therefore, coworking spaces offer more than just financial gains, they can also increase your productivity. Keep reading for more ways coworking makes people more productive.
Researchers from the Harvard Business Review found that people who cowork value the flexibility that coworking spaces provide, which increases productivity and overall satisfaction. Why? Because coworking allows you to change your routine frequently, whatever works for you. It gives the autonomy to manage your time as you please, which scales up labor productivity.
For example, you can choose a hybrid workplace where you can work outside the office from time to time. You can work in a private office where you can focus with minimal distractions or go to an area that lends to collaboration, such as a shared table. On another day, you may decide to work from home. It is entirely up to you. What’s more, most coworking locations provide 24/7 access to their members. For example, members with dedicated memberships at Piloto 151 have access to their location 24/7. They have the convenience of staying after hours (perfect for night owls!) and even catching up on work during the weekends.
Employees who are free to work when they feel most productive will undoubtedly be more efficient. Having flexibility in the workplace also helps limit distractions and multitasking. According to productivity and multitasking statistics, productivity drops by 40% when multitasking. Yikes!
In a coworking environment, you are surrounded by like-minded people you can brainstorm new ideas and interact in a relaxed environment. Coworking allows for more connections, spurring community and innovation. These connections can also provide valuable resources to help your business succeed.
Collaboration also allows you to become more motivated to complete tasks and grind harder when you see other coworkers working just as hard. However, you don’t have to socialize if you don’t want to. Since there are various spaces for members to cowork in, you can choose when and how to interact with other members of the community.
Coworking facilitates and increases your networking potential. With many professionals from different industries in a single workspace, you are bound to meet new people and expand your network.
Most coworking spaces offer networking events, such as “lunch and learns,” games nights, guest speakers, happy hours, and wellness events. While networking at these events, you can build connections and get to know others through friendly conversations that spark creativity and innovation.
About 30% of America’s workforce today comprises millennials, who greatly value friendships and close workplace relationships. Studies show that 75-90% of coworkers love the personal connections they make while coworking. They feel more engaged and motivated to work. They are also less lonely and happier, consequently boosting productivity.