Potential Cost-Saving Benefits - Deepstash

Potential Cost-Saving Benefits

  • Compare any direct alternatives: If you'd spend $4 per workday picking up a latte somewhere and your co-working membership includes a tasty unlimited coffee bar, you can factor in that savings.
  • Another source of benefits includes anything you don't have in your work-from-home setup currently (quiet rooms or meeting room use, communal printers and office supplies, snacks, dedicated parking spots, and an office address so you can receive mail)
  • For workers who normally don't see anyone all day if working at home, the community aspect of a co-working space can be the major advantage. For some, the community aspect could lead to the growth of their company due to collaboration. 

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MORE IDEAS FROM Is Joining a Co-Working Space Worth the Money?

The Popularity of Coworking Spaces

Coworking spaces have been popular in big cities for many years, especially for small businesses, freelancers, and other flexible workers

The pandemic showed many companies how much productivity and employee satisfaction was possible without a group office setup. So co-working spaces are becoming attractive opportunities for mixing the benefits of in-person meeting space with the flexibility to work when and where you want. 

Many companies may even choose to pay for a co-working membership for their team—but for individual workers who are considering footing the bill themselves, you have to make sure the math works out for you.

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Many co-working memberships can quickly become more expensive than even a small traditional office space, however.

The key, it seems, is to evaluate the options available in your area. Workers who have access to a quiet, private office at home will have to find more common co-working benefits useful than someone whose home is small or otherwise a poor fit as a workspace.

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The challenges of hybrid teams

Most companies embracing remote work also have dedicated headquarters. But remote-ish teams have even more communication and collaboration challenges than fully remote teams.

For example, in hybrid teams, remote employees are often left in the dark. Office workers are often heard, recognized, and promoted, while remote workers are forgotten.

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When the world moved to remote work at the start of the pandemic, workers proved that they could adapt and do their jobs as well, if not better, than they could in the office. One survey of about a million US workers at Fortune 500 companies showed that productivity stayed stable or increased when employees started working from home.

However, many companies still require a physical office space that can complement rather than offer an alternative to remote work.

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The Purpose Of The Office Has Changed

The pandemic has been an extended experiment for most companies who are trying to manage people working from home.

Instead of making it mandatory to attend the office physically like before, many companies have adopted a hybrid model where one could go to the office once a week and work from home the rest of the days.

This new approach changes the purpose of coming to the office.

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