Why Bigger Companies Are Moving Into Coworking spaces

When many people hear about the idea of co-working they are thinking about freelancers and digital nomads that are working in very small companies and expanding rapidly. You might be surprised to know that even as a larger company, you could see some benefits from choosing coworking. Here are some of the top reasons that bigger companies are moving into co-working spaces today:

Increases In Productivity

Around 75 to 90% boost was seen when people were making connections in co-working and collaborating with people outside of their business. Employee happiness rose and many companies found that they were able to see a variety of benefits with increased productivity over time.

Cost-cutting

Going into a co-working space can be a substantial cost-cutting measure for many large-scale businesses. Committing to a long-term lease can be extremely expensive for a large company, but entering into a more flexible leasing option can cut down on costs and make sure that a company is ready to work or expand as required.

Improve Morale

Many co-working spaces come with options that are improved over traditional office spaces. Items like a fun atmosphere,  cafes, childcare, and more make sure that employees are able to get more from their office space, and employees will feel more appreciated as well.

This post was written by Tara Kintz. Tara is a director at Signature Workspace which is a Tampa office space. Signature Workspace, owned and operated by Cantor Fund Management, offers services and amenities such as private offices, flex space, co-working space, virtual offices, meeting/conference rooms, and more.