Mental Health Benefits Of Working In A Coworking Space

 

With the unprecedented changes in the global economy, remote work has been a preferred work model for the modern workforce. Working from home has many benefits for employees, including better work-life balance and flexibility in work. Coworking is capable of providing flexibility to those individuals who work independently. Working from the comfort of your home also helps you cut costs on travel and gas. While remote work is convenient, staying at home has its own set of drawbacks.

Isolation and Solitude are one of the biggest problems faced by remote workers. Traditional working environments are filled with restrictions and corporate culture, and employees are cut off from interactions and are confined to their own space.

Studies have shown that working in isolation can negatively impact work-related stress and mental health issues. According to the study, 42% of employees say their job played a significant role in their mental health issues. Almost one-fifth of respondents (17.8%) stated working alone as the sole reason they had mental health conditions. Isolation and lack of human interactions in your workspace can really affect your mental well-being.

5 Ways coworking helps you maintain your mental health

1. Reduces Stress

Stress and anxiety are major contributors to mental illness in working people. While working from home can be useful it can also lead to more stress as you do not get to differentiate between work and personal life. When working in isolation you limit your interaction with other individuals.

2. Facilitates interactions and Connections

Working from home can be exhausting and you may feel disconnected from your co-workers and company. Just working around people can make a huge difference in your morale and productivity. Working in a shared office space alongside people can really help you make meaningful connections and build your network. Human interaction is one of the major reasons why the modern workforce uses coworking spaces because they get to have human interactions.

3. Creates a sense of belonging

A vibrant coworking environment can really brighten up your day and create a sense of oneness and community. While working in a shared space you get to interact with like-minded people and collaborate on business ideas. Working with others in a shared office space can also help you reduce feelings of loneliness and isolation. You can make meaningful interactions and be part of a community of like-minded people.

4. Can Boost Productivity

A change in scenery can really liven things up in your work life. Working in a dynamic coworking space can inspire you to work better and more productively. These coworking spaces are spacious and offer great interiors with a comfortable ambience which makes working fun and productive.

Coworking, Private Offices, Custom Built, Dedicated Desk

We are a growing community of inspired professionals who work in creative & innovative spaces. Our vibrant business ecosystem offers flexible office plans, seamless connectivity and security. We are a contemporary workspace, A playground for minds, a powerhouse for brands.

We are Workafella.

Offices Leased by Start-ups Expected to Rise 30% in India

Coworking spaces are set to revolutionize the workspace industry and change the way companies work. Coworking spaces are cost-effective spaces located at prominent locations, with a vibrant and professional environment. Coworking spaces are used by enterprises, freelancers, and corporations from various sectors from finance to marketing to technology and everything in between.

Office spaces for lease are set to increase by 30-35% in the next few years. Flexible office spaces have witnessed a steady increase in Mumbai, Delhi, Chennai, Bangalore, and Hyderabad. The majority of the IT companies operating in India have started getting expanding their employee base and back to working from an office. With offices slowly opening back and employees returning to the office, these workspaces are predicted to increase in the coming months. Nearly 25% of the overall new workspaces in 2022 are already pre-leased or occupied, and developers are expanding these coworking projects.

Growth of Start-ups and Coworking Space

The coworking industry is hugely determined by the growth of start-ups and the number of industries globally. The coworking industry has a global market value of about 26 billion US dollars.

Flexibility has emerged as the key factor for many occupiers over the past years. As many companies have struggled with hybrid work models, corporations and start-ups are looking for alternative workspaces that offer productivity and flexibility. According to reports Coworking operators in India sold roughly 55,000 seats in 2021, up from 36,000 seats in 2020, and these numbers are expected to double in 2022.

Start-ups and small businesses have limited resources and do not have the resources to spend a ton on office spaces. It is essential for businesses and entrepreneurs to look for sustainable and affordable alternatives for their workspace requirements. Coworking spaces offer the right resources and help start-ups to establish themselves and build loyalty and trust. With start-ups and entrepreneurs rising in Chennai, Bengaluru, and Delhi-NCR, these cities have seen a steady rise in the absorption rate, accounting for almost two-thirds of the total. Bengaluru saw 5 million sq ft of space absorption which is 5% higher than and the highest amongst the three key cities.

Demand for flexible workspaces for Start-ups

According to the 2021 NASSCOM Tech Startups Report, India’s start-ups have seen record-breaking growth over the years. The start-up industry has seen the most growth in this sector, which now occupies around 10% of the total office space in India.

Flexible workspaces have seen a rapid growth of 13–15% in gross leasing activity. This accounts for a 5% increase from last year. Large corporates continue to explore managed offices, and this has led flexible office spaces to open new centers in metros and even in non-metro cities. With such a rapid increase in office spaces, coworking operators have started to capitalize on this opportunity to meet the growing trends.

Coworking, Private Offices, Custom Built, Dedicated Desk

We are a growing community of inspired professionals who work in creative & innovative spaces. Our vibrant business ecosystem offers flexible office plans, seamless connectivity and security. We are a contemporary workspace, A playground for minds, a powerhouse for brands.

We are Workafella.

Conventional Office Spaces are now irrelevant, Flexible Workspaces are taking over already

 

In an era where offices are slowly getting irrelevant and obsolete, flexible workspaces and coworking spaces have begun to take over the workspace industry. Post pandemic working has changed the whole dynamic of workspaces, companies are switching to hybrid work and remote working options.

Offices no longer need to be confined to one particular location. Modern companies prefer versatile space that allows their employees to work in a flexible work environment.  Working in a shared office space offers many advantages over working in a regular office setting. 

Conventional office spaces and their disadvantages

Using a conventional office space comes with its own set of drawbacks. These office spaces can be a hindrance to your business growth. Traditional offices become boring and feel monotonous after a certain point. Repeating the same cycle every day can become demotivating for some people while also reducing their creativity. It can lead to loss of productivity and reduce the quality of work. 

Conventional office spaces are expensive and involve multiple overhead expenses and multiple invoices. From maintenance to furniture, to interiors, they can be a huge burden for companies. Working in a traditional office has a lot of limitations, people are confined to work only in designated areas and lack the outside world connection. Employees do not have the freedom to work anywhere apart from their desks.

Flexible spaces are the solution

Lately, enterprises and businesses are moving from traditional office spaces to flexible office spaces. Shared office spaces have gained popularity among large businesses, enterprises, and corporates. Flexible workspaces end most of the problems that arise from using traditional office space. They are easily accessible and can be modified to meet all your business requirements. They are versatile to accommodate companies of all sizes. Flexible workspaces offer a comfortable work experience and act as a catalyst for your business growth.

Coworking, Private Offices, Custom Built, Dedicated Desk

We are a growing community of inspired professionals who work in creative & innovative spaces. Our vibrant business ecosystem offers flexible office plans, seamless connectivity and security. We are a contemporary workspace, A playground for minds, a powerhouse for brands.

We are Workafella.

Coworking Etiquette And Rules To Follow While Working In A Shared Office Space

 

Coworking spaces are a popular choice among digital nomads, freelancers, and companies of all sizes. Shared office spaces offer a variety of benefits to their users. They get to be a part of a diverse ecosystem that offers flexibility in terms of cost and time. It is also a great platform to build career prospects through networking and collaboration. Coworking spaces offer a unique work experience and versatile spaces to work productively.

6 Coworking Etiquette and tips to keep in mind while working in a Coworking Space.

1. Respect Boundaries

Working in a common work environment can be difficult at times. It is crucial to be mindful of other people working and respect their boundaries. Make it a point not to bother the people working around you. Make sure to give others the space to work in peace. It is important not to disturb people for any supplies or questions.

2. Don’t be Loud

Nobody likes a loud coworker. One of the most important rules to follow while working in a coworking environment is to work quietly. If you are on a phone call or attending a meeting you should move away to a secluded spot. While working with a group or team, always remember to keep noise at a respectful level.

3. Be Self-sufficient

Always bring your own supplies and stationery. Always be prepared with all your necessary supplies and equipment. Do not bother people for supplies and disturb them with requests. It is best to be resourceful and carry your own things. 

4. Keep your space clean

A golden rule while working in a coworking space is to “Leave no trace”. Do not leave any belonging or personal items in the coworking area. Keep your space tidy and do not litter in the coworking space. For instance, when you go to an airport you maintain decorum and respect the space by not littering the area.

5. Be friendly

One of the most important aspects of coworking is to be social and network with people. Interact with like-minded people and build connections. Be friendly and greet people with a smile, it’ll help you make connections that will help you later in your career. One of the main reasons people prefer to work in a coworking space is to make connections and build their network.

6. Be organized

Keep your desks and workspace organized and follow a schedule. Plan your day and schedule your tasks for a relaxed work experience. It is important to plan your meetings ahead and stick to your schedule. Since the resources in a coworking space are very limited it is important to plan in advance and use these amenities.

The Ultimate Guide to Coworking: Office Space, and Customizable Office Space for Enterprises

 

India’s workforce is constantly evolving, and coworking spaces have rightfully taken their place under the spotlight as a perfect solution for the new-age millennial workforce. Coworking spaces cater to a diverse group of people. From corporates to medium-sized businesses to small enterprises who seek industry exposure, Coworking is the solution.

What is a coworking space?

Coworking is a dynamic way of working and sharing. Coworking spaces are designed to offer creative spaces which increase productivity and provide a vibrant environment for their employees.

Coworking spaces are shared spaces where people from different companies work together in a shared office setting with a collaborative work environment. Coworking has become the one-stop destination for freelancers, enterprises, and corporates for all their business requirements.

Why you should consider coworking spaces

Coworking spaces provide businesses with a platform for people to network and build a community of like-minded people. Coworking spaces have revolutionized the way companies and their employees work. Businesses are looking for workspaces where employees can work in a progressive and vibrant space that helps them work better. Working in coworking spaces offers a number of advantages over working in a conventional office setting. Co-working enhances productivity and creativity.

What are customizable office spaces?

Customizable office spaces are spaces that can be tailored to specifically meet your requirements. Customizable coworking spaces offer a viable solution to problems that may arise from using a traditional office space. Customizable office spaces can be versatile and lets you choose a unique office setting that suits your company and its identity.

Here are a few things to keep in mind while looking for a coworking space

1. Location

Like any office space, location is a key factor while looking for a coworking space. It is important for your office space to be easily accessible for your employees. Your business should be conveniently placed for easy connectivity and visibility.

2. Amenities and services

Coworking spaces are known for their vibrant interiors and dynamic work atmosphere. From amenities like comfortable workspace to housekeeping and security to IT support, shared office spaces offer comfort and hassle-free work. Find a space that offers you a complete business ecosystem.

3. Flexibility

A co-working facility provides all the necessary facilities like basic office infrastructure, parking facilities, meeting rooms, and workstations. They offer versatile spaces that can accommodate your business growth at every stage. It is important to look for a space that provides flexibility and scalability to your business.

4. Accessibility

One of the main advantages of using a coworking space is to take advantage of its accessibility. It is important that you have 24/7 access and seamless connectivity.

5. Budget

Budget is a crucial factor while choosing a coworking space. When looking for an office space, it is vital to make the most out of your budget. Choose a plug and play workspace that falls within your budgetary requirements. Don’t let your monthly rent become a liability for your business.

Coworking, Private Offices, Custom Built, Dedicated Desk

We are a growing community of inspired professionals who work in creative & innovative spaces. Our vibrant business ecosystem offers flexible office plans, seamless connectivity and security. We are a contemporary workspace, A playground for minds, a powerhouse for brands.

We are Workafella.

5 Reasons why Corporates should go for shared office spaces

 

Traditional office spaces will soon become a thing of the past! With today's modern workforce, conventional office spaces are going out of style. People look for an office environment with aesthetic interiors and state-of-the-art amenities. Whether you are a business owner or an employee, the space where you work significantly influences a lot of things.

In recent times, large corporates are looking to shift from a traditional office setting into a modern shared office space. Over the years, Coworking and shared office spaces have gained popularity among corporates and large enterprises. Corporates and businesses across all verticals are switching to a dynamic and flexible work environment.

Problems with Traditional office spaces

Traditional office spaces have a long history of being too rigid and uncomfortable. Let’s take a look at some of the drawbacks of using traditional office spaces.

Expensive

Having a conventional office comes with many overhead expenses. These expenses include leasing the office for long periods of time, paying rent, housekeeping, and all other expenses. Running an office space is no easy task and surely not an inexpensive one. It is also one of the reasons why corporates prefer to move to alternate work environments.

Monotonous

Another problem with conventional office spaces is that they get monotonous after a while. Meeting the same people in the same place every day becomes tiresome. This leads to boredom, unproductiveness, and unhappiness among employees. Having a change of scenery really impacts the way people work.

No Social Interaction

Traditional office settings are built for privacy and limit opportunities to interact with people. This also leads to lesser networking avenues for employees to connect and collaborate. People are confined to their cabins and do not like to interact with their fellow employees.

Benefits of using a shared office space

Flexible Spaces

A co-working facility provides all the necessary infrastructure, including basic office infrastructure, conference rooms, meeting rooms, and workstations. Co-working spaces are a cost-effective option because they reduce money spent on infrastructure and maintenance. Workafella provides shared workspaces that are suitable for small and large companies. Our co-working spaces are designed to be flexible and can accommodate businesses of all sizes.

Network and Collaborate

Co-working spaces offer a professional environment to connect and collaborate with like-minded people. It provides a platform for people to interact and create opportunities to share ideas that help your business grow. Workafella provides vibrant co-working spaces that are creatively designed to boost collaboration.

Improves Productivity

Shared office spaces boost productivity and motivate people to work efficiently. Working in a dynamic work environment can really increase productivity and enhance the quality of work. Studies have shown that people who work in shared office spaces are more productive than people who work in a conventional office space. Working with like-minded people gives you a new perspective that helps you work more creatively.

Comfortable Work Environment

Co-working spaces offer comfortable workspaces designed to create a better work experience. People prefer to work in an environment that provides amenities like high-speed internet, IT support, and Power backup along with 24x7 access to their workspace. Workafella provides a unique office experience that allows you to enjoy work.

Promotes Hybrid Work culture

Shared office spaces are changing traditional work models. Corporates are progressing into a hybrid work model. In a hybrid work model, employees have the freedom to get work done when they’re most productive. They can also choose to work with teammates on-site or work from a remote location. When employees have more control of their work schedules it promotes a healthy work-life balance and makes the employees perform better.

Coworking, Private Offices, Custom Built, Dedicated Desk

We are a growing community of inspired professionals who work in creative & innovative spaces. Our vibrant business ecosystem offers flexible office plans, seamless connectivity and security. We are a contemporary workspace, A playground for minds, a powerhouse for brands.

We are Workafella.