There is something special about co-working spaces. But what draws us to work together, even when our businesses might be solo ventures?
Researchers from the Harvard business review who have studied how employees thrive discovered that people who belong to them report levels of thriving that approach an average of 6 on a 7-point scale. This is at least a point higher than the average for employees who do their jobs in regular offices, something previously unheard of.
So, what makes co-working spaces so effective?
The sense of community, networking and flexibility play a role in making co-workers more fulfilled and successful. In a co-working environment, professionals in many different fields come together and offer individual expertise. There’s no direct competition like there was in the office, but there’s the opportunity to pick the brain of like-minded professionals. A co-working space might have everyone from a photographer to an engineer, putting industry-specific expertise on tap.
People who use co-working spaces are more productive.
They can be a place to focus on your most important projects without the distractions that working from home can bring. Studies show that between 75% and 90% of co-workers love the personal connections that co-working makes possible; they feel more engaged and motivated. All those positive reactions put together make co-working a key to employee happiness, which consequently boosts productivity.
They have more job control.
Co-working spaces usually are accessible 24/7. People can decide how they want to work, whether early in the morning or late into the evening. Maybe you want to take a long lunch in the middle of the workday to walk or exercise, which has been linked to increased productivity. Co-workers have this flexibility and value this autonomy. Those who work from home often find themselves unable to separate business from home life. Having a co-working space dedicated to work often results in a better work-life balance.
They feel part of a community.
Connections with others are a big reason why people pay to work in a communal space. By having professionals across industries in a single workspace, your networking potential can expand dramatically. When the alternative is working from your living room, co-working spaces surround you with a network of professionals and can reduce the isolation sometimes linked with working from home. Even just being able to grab a coffee or blow off a little steam with someone new can make a big difference. Each co-working space has its own atmosphere and offers a unique working experience that’s hard to replicate anywhere else. Importantly, however, socialising isn’t a necessity. Members can choose when and how to interact with others which is good news for introverts and extroverts alike.
Whether you’re an entrepreneur ready to take your next step, a creative looking for fresh ideas, or a freelancer looking for more structure than your kitchen table, co-working spaces can help you increase productivity and foster new connections. Plus, they give you the flexibility to work when you want, how you want, as you see fit.
If you are reading this and asking yourself how you can benefit from a great co-working space, look no further than Together.
Together is a professional co-working space in the centre of Elgin, Moray. Housed in our design-led Flagship Business Centre – Caledonian House. Our 30-day rolling membership means you can be as flexible as you need. It includes a permanent desk, 24/7 secure access, free wi-fi, heating, electricity and the use of a private meeting room. Oh, and did we mention there’s a coffee machine? What’s not to love? Join our community of ambitious members today and take your business to the next level.