As early as 2012, a study published in the Journal of Organizational Behavior showed that workers in coworking spaces reported higher contentment levels than those in a traditional office setting.
Fast forward a decade later, and professionals across the globe are continuing to thrive within these innovative hubs, with the global coworking market expected to reach $13,35 billion by 2025, according to a recent Global Coworking Growth Study.
It’s no secret that there are countless benefits of a coworking space. But what is it exactly that makes them so effective?
Sense of community
While coffee and connectivity top the list, what we’ve experienced at Venture Workspace, is that people thrive in coworking spaces due to the flexibility, environment, and a strong sense of community.
“After six years in operation, we have quickly realised that coworking hubs tend to feel more like a close-knit community than a workplace – at least that’s the case at our three offices,” says Louis Fourie, Venture Workspace Founder.
“While there are business networking perks, simply knowing that there are other members available to chat and bounce off ideas provides a strong draw for professionals to truly thrive.”
When it comes to the benefits of a coworking space, he further adds that workers are no longer limited to socialising exclusively with their colleagues every day. They can engage with other professionals from a range of industries, which broadens the scope for new ideas, and encourages knowledge and skill sharing.
“We’ve found that since our members don’t belong to the same organisation, interactions are organic and more relaxed, which enhances a sense of belonging,” Louis adds. “Overall, people come into our offices wanting to connect with others because they choose to, not because they are forced to. Having that healthy environment with those boundaries encourages productivity.”
At face value, one of the more significant benefits of shifting to a coworking space with your team is enhanced flexibility.
“Flexibility is something that most coworking space members really enjoy, but it’s not just having greater freedom with your daily work hours, but how you work,” Louis adds.
Unlike most traditional offices, coworking spaces create the right balance between freedom and structure, which prompts employees to work more efficiently. Individuals have the choice to work in shared areas where they can collaborate with others or quiet, closed-off places to focus.
“Coworking is also ideal for businesses that scale and descale frequently,” he explains. The benefits of a coworking space also extend to the fact that we offer a range of packages according to your team’s needs. Ultimately, everybody has their own personal style of working, so why not customise it according to what works best for you and your workforce?”
A professional environment
Super-fast WiFi. No queues at the copier. Great lighting, air conditioning, and ample space to spread out. Coworking offices conveniently consider all the needs of a modern professional; because of this, they can fully engage in their work with minimal disruptions.
“The ancillary services of our coworking branches include small yet impactful value-adds such as filtered water, fibre connectivity, comfortable desks, communal kitchens, and on-site support teams,” Louis adds. “We also have backup generators for when the electricity cuts.”
He further explains that they take great pride in maintaining their coworking spaces, keeping the designs and layouts functional, vibrant and comfortable. “We want people to get excited about coming into work and hope that by seeing how much effort we put in, they will feel inspired to raise the bar with their own work.”
Here at Venture Workspace, we recognise the importance of flexibility, community, and a healthy work environment. If that’s what you’re after for your next office space, feel free to drop in and see it yourself. We currently operate three branches in Claremont, Constantia, and Somerset West.