Coworking has been rapidly gaining popularity among businesses in the last decade. It is a smart philosophy that redefines the concept of office work, making it more flexible and employee-friendly. A coworking space brings together individuals of different skills and working for different companies, supplying them with all needed to do their job effectively and thrive as a strong community. It is a place where the brightest minds meet to make societies better and share life-changing experiences. This article helps you get a closer look at shared office spaces, learning about their mechanics and ways they improve the employees’ productivity.
Office space rent
If you ask how a coworking space works, you may want to know how to get a membership and what are the rules of attending the place. Well, renting a coworking space is a much more flexible and easier process than renting a traditional office. Instead of signing a long-term lease contract, coworking organizations sign only an agreement where they allow the individual or team to freely decide on the duration they will attend the space.
Individuals or a team can choose a month-to-month agreement that allows them to leave at the end of each month. They can also opt for longer periods of 6 months, 1 year or 2 years. What is important to understand is that coworking organizations are nothing more that a service provider, whereas the professionals are the customers that decide when to use the service and when to give up on it.
Fees
Shared office spaces are generally charging per month, and the monthly fee will depend on many factors. First of all, it’s whether you choose a dedicated desk or a hot desk. The former will ensure you have your own desk during the entire membership period. A hot desk is a type of office work where the employees are switching seats based on a rota system. You are expected to pay less for a hot desk. The number of seats, the size of the office area and the length of the rent term will also influence the cost.
Longer-lasting membership may come with a discount. If you move to a coworking space with your team, you may need to rent a large private office that is more expensive than a desk or an office suite. When it comes to other major expenses, we can hardly mention any. Individuals don’t have to pay for utility bills, technology repairs, office maintenance and other financial burdens typically included in the lease contract of a traditional office.
Access
The philosophy of coworking actively advocates for the freedom and flexibility of the employees. That’s why, most coworking spaces allow for a 24/7 access to the office. That is, if you are more productive during the day, you can attend the office in the daytime, whereas if you are a night owl that has all the things done at late hours, the coworking centre’s doors are open for you at your convenient time, with all amenities included. In this way, the coworking organization helps you thrive professionally and choose a flexible schedule that makes you feel comfortable.
