3 Major Trends Shaping The Coworking Industry
A year into the monumental shift to working from home, organisations and employees are beginning to see several trends in how the future of work is shaping up to be. Gartner reports that 48% of employees are likely to work remotely at least part of the time after COVID-19, compared to the 30% before. And, these numbers suggest that what is a long-observed pattern is becoming a certainty for the future. Digital transformation in the realm of work is here, earlier than expected but nonetheless, redefining how workspaces will look like. The office, as we know it, will no longer be just one fixed location. Even though there is more acceptance towards working remotely, distractions at home and under-equipped home work environments can hinder productivity levels. And, the coworking industry is on the cusp of facilitating this paradigm shift.
Where do these shifts occur?
From hybrid work models to increasing interest in collaborative settings and networking, the world of work is drastically changing, in part due to the pandemic. Coworking spaces, like JustCo Taiwan’s, encompass and accommodate these trends, providing professionals with the optimal workspace.
1. Demand for hybrid work models
Looking to a post COVID-19 future, the age-old narrative that work is defined by a physical office space and standard work hour schedule will reposition to include a hybrid work model. Employment expert Alicia Tung in China has predicted that there will be a 60/40 split of onsite and remote work in 10 years. Breaking away from traditional 9 to 5 hours is expected, but there needs to be reasonable expectations around how much employees are communicating and working beyond work hours. JustCo Taiwan’s array of coworking solutions can nip that problem in the bud. By having a dedicated hot-desk or studio office space, employees can continue to have a physical workspace along with a great deal of flexibility. Not only does this perfectly match up with the desire for a hybrid work environment, it also relieves organisations from extensive costs that come with traditional office leased spaces. The independent office option is perfect for teams that require a dedicated space and privacy, complete with access to all of JustCo Taiwan’s perks.
2. Emphasis on culture and collaboration in a remote setting
Another rising concern is the capacity to properly integrate an organisation’s culture and opportunity for collaboration in the new hybrid work environment. Attempting to tick all the boxes independently may be costly for organisations, given the fast-changing nature of work environments. Intelligently-designed, flexible, and innovative, JustCo Taiwan provides independent workspaces and hotdesk solutions that are built with collaboration and culture in mind. Free for you to design your layout and hours, the independent office is an ideal cost-efficient solution that allows organisations to create spaces meant for collaboration and focused work. Specific solutions such as pay-per-use conference rooms also contribute to the ease of holding meetings. The freedom that a coworking space affords you is incomparable when it comes to redesigning workspaces that have the right function and purpose as and when you need them.
3. Access to niche communities
Hybrid work solutions present a new challenge for employees and self-employed professionals who spend long hours working in isolation or at home – lack of networking opportunities. To sweeten the deal that coworking spaces already offer to the new millennium of hybrid work, the availability of a community takes the work out of meeting new people. When organisations and professionals sign up for workspaces in JustCo, they gain access to a strong community of other professionals, from a range of various industries. With events being organised daily, coworking spaces such as these take the concern of limited networking out of the equation. That said, given that a majority are still working from home, there is also an uptick of online events and webinars being organised. Utilising technology in this way to offer networking opportunities within social distancing limits doesn’t compromise on security and safety.
Looking to the future of work
The COVID-19 pandemic has certainly upended our ways of work, life, and play. However, opportunity is present at every crisis. This turning point gives business leaders and professionals the autonomy to reshape what work could potentially look like in the coming years. The coworking space solutions offered by JustCo Taiwan are conducive for these shifting trends. Consider getting in touch with our team to find out more.