Companies & Businesses | Cyprus Legislation | Cyprus Lifestyle | Licenses & Permits
What Traditional Offices Can Learn From Their Co-working Counterparts?
Co-working is usually referred to when professionals share a working environment or office, however are not employed by the same organisation. Typically, this style of working is attractive to freelancers, work-from-home professionals or those whose work involves travelling frequently and are exposed to working in relative isolation.
Due to the nature of this type of arrangement, co-working can mean the social gathering of a group of professionals who are working on their own projects, however can share space with others who share similar values and can network on a personal and professional level.
Co-working offers a solution to the issue of isolation that many independent business contractors experience working at home; while simultaneously allowing them to keep their home life separate.
Aside from the points stated above, what makes co-working spaces effective?
Co-workers have increased job control
Many co-working spaces are accessible 24 hours a day, 7 days week. This means that individuals can decide whether to increase their hours when they have a deadline or pressing project, or can decide to take a long lunch break to visit the gym. They can choose to work a quiet space enabling them to focus, or where interaction is encouraged in a more social space, perhaps with an open layout. They can even decide to stay at home for any personal matters without repercussion.
Co-workers feel part of a community
Having interaction and connection to other professionals is perhaps the main reason why co-working is such a successful industry. Each co-working space has its own atmosphere, and the managers of each space make great effort to cultivate a unique experience that meets the needs of their members. pay to work in a communal space, as opposed to working from home for free.
The true benefit of sharing a co-working space also may come from working in a culture where there is collectivism and a group mentality, and there are many opportunities to share your skills; the variety of professionals in the space means that each individual has unique skill sets that they can provide to other community members.
Various studies suggest that the combination of a well-designed work environment and a well-curated work experience contribute to the reason why those who co-work demonstrate higher productivity levels than those working in a standard company atmosphere. But what matters the most for high levels of thriving is that people who co-work have a considerable amount of autonomy and can be themselves in their working environment. Our advice to traditional companies who want to learn from co-working spaces is to allow employees to have their own personalised space (where appropriate) and support to be their best, authentic selves.
We have an affordable co-working office space in Limassol, Cyprus click here to read more.