Researchers studied the effects of co-working on productivity and the study was published in The Harvard Business Review. It says that co-working builds a strong connection between employees. Their work thrives in working at a ‘co-working space’ over a regular office space. Co-working spaces are shared work spaces.
After taking a deeper look at co-working spaces, the researchers found people who use these have different attitudes. Their work is more meaningful, there is more control over the job at hand and there is a sense of community. Co- workspaces fit greatly for freelancers, start ups and these type of small organizations.
The spaces and what they offer get perfectly aligned with the goals of freelancers and start-ups as they feel totally different from a regular cubicle office. The over all ambiance which has comfortable seats and tables and decor plus fresh coffee fragrance, private desks, large shared tables adds to the culture of the co-working space.
Other than the requirement it is the amenities such as hot-desks, private meeting rooms, kitchens, coffee at affordable cost is the major draw for the freelancers & entrepreneurs. One needs to rent just the space one needs over renting a complete hall or an office which is complete wastage of money and resources for the people. There are various membership based working spaces that allow flexibility in costs.
Currently, around 57 million freelancers are working in the US. This trend will soon turn into reality of America where 50% of its workforce will consist of freelancers (both full and part-time) leading to rise in co-working spaces.