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The Future of Work

#
min read
07
/
09/2023
Natasha Mohan, CEO, Worksocial.

Why Coworking at WorkSocial is the Optimal Choice

As we navigate the unfolding landscape of the post-pandemic era, I can’t help but examine the deep chasms that have emerged within the global working community. With the landscape ranging from a return to office spaces in Asia and Europe, to the laissez-faire approach in the Americas, the question stands: What is the best course of action for businesses? Today, I’d like to make the case for choosing a shared office space like WorkSocial over direct rentals from landlords or sticking with a work-from-home setup.

Global Landscape of Remote Work and Return-to-Office Policies

The narrative of return-to-office (RTO) varies drastically across continents. Asian countries, which managed to control COVID-19 effectively in the initial phase, have seen a quicker return to the traditional office environment. Europe offers a mixed bag, with countries like the UK leaning towards remote work and France making a quicker return to the office.

Meanwhile, in the US, the responsibility to manage RTO has fallen largely on individual companies. As a result, companies like Goldman Sachs expect employees in the office five days a week, while others like Amazon and Google have adopted hybrid models.

Financial Impact on Real Estate

According to McKinsey Global Institute, the shifts incited by the pandemic could devalue real estate in major cities by up to $1.3 trillion by 2030. As the leader of a company, renting directly from a landlord could be a risky move, especially if you’re in a city with declining real estate value. Here’s where shared office spaces can serve as a financial cushion.

The Case for Shared Office Space at WorkSocial

Opting for a shared office space at WorkSocial allows your business the flexibility to scale without the burden of long-term commitments. Unlike direct rentals, which often involve complex lease agreements, WorkSocial provides agile solutions that can adapt to your company’s ever-changing needs.

Conference and Meeting Rooms for Rent

In addition to flexible office space, WorkSocial also offers conference and meeting rooms for rent. These professionally designed spaces can cater to your business needs, whether you’re holding a team meeting, client presentation, or even an annual general meeting. Having these facilities within arm’s reach further adds to the convenience and effectiveness of a shared office space.

Working From Home: A Risk to Mental Health?

Although the work-from-home model has been glorified for its flexibility, it’s essential to consider its long-term impacts on employees’ mental health. The lack of social interaction and the blurred lines between work and personal life can lead to burnout and decreased productivity over time.

The Human Factor and the Case for Coworking

WorkSocial fosters a collaborative environment that encourages networking and social interaction, crucial elements often missing in remote work setups. According to research, workers in Europe and Asia value these interactions more than their American counterparts, suggesting that the absence of a communal workspace could have global ramifications on employee well-being.

The Bottom Line

As we venture further into this new normal, where remote work policies and office attendance will continue to fluctuate, a shared office space like WorkSocial provides the optimal combination of flexibility, networking, and well-being.

Deciding where your team should work is not just a logistical decision, but one that affects the financial stability, mental health, and overall productivity of your company. Choose wisely, choose WorkSocial.