In the modern era, the concept of work-life balance is given much more importance than ever before. The traditional 9 to 5 job structure is slowly losing its charm among young employees due to its failure to provide a balanced work-life opportunity to employees.
A study reveals that it’s not free lunches, international travel, or even a pay rise that keeps employees satisfied. It’s having a better work-life balance. The rise of coworking spaces over the past few decades is truly remarkable and it is on its way to replacing the traditional workspaces.
Coworking companies are upgrading themselves to adapt to the needs and demands of a modern workspace.
This article delves deep into the concept of coworking spaces, and the way they have revolutionized how we work and live.
Understanding “Coworking”
The term “coworking” was first coined by Bernard De Koven in 1999 to describe a collaborative and fun workspace. However, the concept of coworking spaces was popularized by Brad Neuberg. He created the first coworking space in the year 2005 in San Francisco.
Initially, the idea was to create a space to work for oneself in a community with an office-like environment. A coworking space is a shared workspace where people from various organizations and professional backgrounds work together in a flexible workspace environment.
Now let us look at various types of coworking spaces available in the market.
7 common types of coworking spaces are open coworking space, private office coworking space, shared desk, industry-specific, incubator and accelerator, corporate coworking space, and virtual office coworking space.
Coworking Space And Work-Life Balance
The reason why coworking spaces are becoming popular is because of their productive workplace environment. But there is one more reason behind the popularity of these shared workspaces. And that is their ability to provide a better work-life balance.
Due to these reasons, their popularity has exponentially increased. A better work-life balance is what every employee seeks while working professionally in an organisation. Today’s employees are often overburdened by their employer with official work. This practice is more prevalent especially in eastern countries including India.
The work-life balance is pathetic in these countries. Employees are overly tangled with their professional work and don’t get much time to look after their personal lives. But with the emergence of coworking spaces, it has now become easier to maintain a balance between personal and professional life.
A good work-life balance ensures that an individual can fulfil his work commitments without neglecting other aspects of his life such as family, friends, health and personal interests.
How coworking spaces support a better work-life balance
Let us explore how coworking spaces are beneficial for individuals, freelancers, or corporate employees for maintaining a better work-life balance.
Networking Opportunities
Professionals who have been working from home for a long time are losing this opportunity to build a network with people. Coworking spaces attract a diverse range of professionals from various industries and across different professional backgrounds.
So a coworking space is a great place to build networks with people having similar interests and professional backgrounds.
When you work in a shared workspace you can easily interact and build professional relationships with other people. You can share ideas, seek or give guidance, and easily collaborate with individuals.
So a coworking space brings immense benefits as it creates a conducive workspace environment and opens the door to new opportunities for career growth.
Personal Growth
Coworking spaces not only offer a conducive workplace environment and networking opportunities but they also provide enough opportunities for personal growth and development.
From time to time coworking spaces host various events including skill-building workshops and mentorship programs. Participating in these programs enables individuals to learn new skills and expand their knowledge base. They also get opportunities to explore new hobbies and interests.
So overall coworking spaces also give enough opportunities for an individual’s personal growth.
Health And Wellness
Today youth are much more conscious towards their health when compared to older generations. Coworking spaces especially focus towards designing a positive and healthy workplace environment.
These spaces have ergonomic furniture that provides the needed comfort and convenience for employees. They also have a biophilic design that includes more greenery and fresh air inside the workspace environment.
Coworking spaces also include several fitness rooms including a gymnasium, a yoga studio or a meditation room which employees can use during their free time or breaks.
Not just that coworking spaces also have some breakout spaces that people can use to relax and refresh themselves. In these spaces, you can indulge yourself in activities such as reading a book, playing a video game or just simply embracing nature. These facilities and features of coworking spaces can be a great boon for people. Especially for those who want to stay fit physically as well as mentally.
Flexible Work Style
Another way through which coworking spaces support people to maintain a work-life balance is by providing flexibility in terms of affordable membership plans.
Coworking spaces offer various membership plans such as weekly, monthly or yearly plans. Individuals can choose these membership plans as per their needs and requirements. So you don’t need to waste money by buying a yearly membership plan if you only need access to coworking for a few months, you can rather opt for a monthly plan.
Coworking spaces not only provide flexibility in terms of membership plans but it also provides flexibility in choosing your work timings. Unlike traditional offices with set working hours, coworking spaces offer the flexibility to choose your work schedule based on your convenience.
This flexibility can be beneficial for individuals with other commitments such as parents who have to balance work and child care or a freelancer who have irregular work schedules.
Bottom Line
In a nutshell, coworking spaces offer a better work-life balance than traditional corporate setups.
Anyone including a freelancer, entrepreneur or someone working in virtual mode from home can take advantage of coworking spaces to maintain a better work-life balance. Unlike traditional offices with limited schedules, Ace Co-working offers flexible membership plans and 24/7 access, allowing you to work when you’re most productive.
You can easily navigate to us by typing “coworking companies near me” on Google.
Schedule a tour today and see how Ace Co-working can help you achieve your work-life balance goals!
