Flexible work: What is the future – Hybrid, remote, or Co-working spaces?

Index

Cisco’s survey on the hybrid work model revealed that 90% of Indians want to adopt a flexible style. The global statistics for the same stand at 82%.

What it essentially highlights that nor do the employees want to work remotely or from home all the time, neither want to work from the office. Splitting the time between the office and the home is what is preferred and is the need of the hour.

However, on the days that employees are looking to work from the office, they will still end up spending hours on commuting just like the good old days.

And the days when they work from home, how would they deal with unstable internet, an uncomfortable chair, or the noisy family?

The answer lies in co-working spaces.

Co-working spaces are the links that would connect the work from home need to the employee to the compliance and security wants of the employer.

The future of work is Co-working spaces

The forgotten heroes of the pre-Covid times that provided office space for new startups by serving as the melting pot of ideas, information and networking. More startup ideas were hatched at these working spaces than anywhere else.

Co-working spaces now empty as haunted mansions will soon be revived and will become the recovery assets for a number of teams. Here’s how:

  • Hybrid teams will have to work somewhere

Co-working spaces will solve the infrastructural challenges by providing reliable and fast internet, ergonomically fit workstations, power backs, cafeterias, and more than that will aid remote workers.

  • Fight isolation and bring out social interaction

Fundamental sentimental belongingness is the biggest advantage of collaborating which enables individuals to pick cooperating workspaces over regular workspaces. With a vastly improved work-life adjustment and more prominent social (or we say anti-social) incorporation, collaborating demonstrates a greatly improved wager keeping in mind the end goal is to make working better.

  • Compliance

One of the hushed-up challenges of the remote work and work from home industry is compliance. Compliance involves more than payroll and legal.

With work from home becoming a norm and gaining legal status in many countries, several compliances like that of ergonomics, workplace assessment, and safety are being covered. While an employer can hire the services of experts to assess and provide recommendations about the employees’ workplace to comply with OSHA guidelines, it would be a costly affair to implement those recommendations.

Co-working spaces on the other hand are OSHA compliant and have been assessed for various security and safety checks.

  • Cybersecurity

Teams that have been remote or are currently working from home have been struggling with cybersecurity. Despite using the best of the anti-malware, spyware, and virus, 2020 was the year of Cybersecurity.

According to this article, there were 2,953 publicly reported breaches in the first three quarters of 2020, a 51% decrease compared to the same time period last year. 2020 was already the “worst year on record” by the end of Q2 in terms of the total number of records exposed.

The three months of Q3 added an additional 8.3 billion records to the count, bringing the number of records exposed through the end of September to a staggering 36 billion.

Two breaches in Q3 exposed over 1 billion records each and four breaches exposed over 100 million records. Together these six breaches accounted for approximately 8 billion exposed records or 22.3% of the records exposed through the end of Q3.

Co-working spaces may provide some kind of respite in terms of secured networks and a technician on the call to address these and computer malfunction challenges of the occupants.

  • Off-time benefits

Covid-19 caged up people in their homes who often struggled with the blurred lines between office and personal hours. Once, they were well into their off-time, they craved for those after office drinks or team family gatherings.

Many co-working spaces provide a vibrant culture of events and family gatherings to their subscribers who use this time to network outside of their teams, discuss interests and enhance their mental and physical well being.

Where will these co-working spaces be located?

Pre Covid 19, co-working spaces were located at some of the posh locations of the city – downtowns with fancy eateries and night clubs – essentially accessible by everyone.

In terms of location, these co-working spaces weren’t solving the commute problem of workers to a larger extend – workers who lived in the suburbs or the outskirts of the city still had to commute to these spaces.

However, post-Covid, one of our founders, Denis Barnard, predicts that employers will also seek to solve the commute issues of the employees. Co-working spaces that are within a 15-20 minutes commute time would be ideal and will be located around the residential areas.

They would be something like the internet cafes of the bygone decades – small offices with individual workstations located near the residential areas with markets, schools, daycare centers, and other services around.

Book a co-working space or find one

Flydesk

Go Floaters (for India)

Lauft (for Canada)

WeWork

91 Springboard (for India)

Gable

We will keep updating the list – please reach out if you know one and want it to be added.

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