While many are familiar with the term, it can be hard to explain coworking to those who have never experienced a coworking space in person. Coworking spaces are diverse and increasing in popularity, with differences in spaces across Australia and the world.
What is coworking?
Coworking revolves around the concept of shared space, resources, and community (with the ‘co’ in coworking taken from community).
The history of coworking
Emerging as an industry following the global financial crisis of the early 2000’s, coworking was initially a solution to a common need. As many professionals faced redundancy, they decided to start their own businesses or operate as freelancers or consultants.
Read more: Why People Thrive In Coworking Spaces
With most houses not designed for full-time working from home, and many professionals struggling with isolation and loneliness, coworking spaces began springing up to offer community, fast internet, and networking opportunities.
From there, the industry has grown into a global phenomenon. The emphasis on amenities and flexibility has changed the landscape of commercial real estate and workspace solutions, revolutionising ‘business-as-usual’.
What does it offer?
Firstly, a key offering is community – coworking spaces specialise in fostering connection and networking, often using communal spaces, events, and community managers to help their tenants connect and engage with others in the space.
By operating with flexibility at their core, coworking spaces allow businesses to adapt as they need. Whether you need to scale from a 2-person office to a 20-person office, operate on a short-term agreement so you can adapt to a changing market, or simply want the freedom of knowing you aren’t locked into a ten year lease, a coworking space has flexibility benefits for you.
Hub Australia offers breakout spaces, diverse meeting rooms, serviced meeting and event spaces, and a number of collaboration areas, allowing people to adapt their workstyles and work effectively with their teams.
By working in a coworking space like Hub Australia’s locations, you can access amazing amenities through your monthly membership price.
- Media studios
- In-house cafés
- Fully-equipped member kitchens
- Fitness studios
- Meeting rooms
- Complimentary tea and coffee
- and more
If you have your own independently-leased space, offering your team a host of member perks involves a significant investment in both time and money. Many coworking spaces offer their own member benefits and perks, ranging from exclusive discounts to regular social, networking, and professional development events.
In every industry, attracting and retaining the best staff is key to business success. It’s no secret that the physical space people work in each day affects their experience, with multiple factors like natural light, plants, location, and facilities all playing a key role.
Read more: How to Choose the Best Coworking Space
The benefits of coworking
In Deskmag’s survey for the 2013 Coworking Forecast, the vast majority of respondents reported that coworking was a positive influence in their lives.
People who participate in coworking reported that they feel happier and more creative, have better work-life balance, and feel engaged and supported.