Flexible Working Spaces Advantages In The Post Covid Phase
The new normal in the post-COVID-19 era is not going to be the same anymore. Although some workspaces are opening their doors to employees motivated by the rollout of the COVID-19 vaccination drive, physical occupancy is still pretty low at the shared workspaces and offices.
The pandemic has given rise to the growth of hybrid workspace norms, which comprise flexible working spaces.
Statistics Prove Flexibility is In Demand!
A recent survey from Deloitte states that around 94% of respondents suggested that they would profit from flexibility of work due to the benefits of reducing stress, boosting mental health, and creating a better work-life balance.
In addition, in the report named ‘A 360° view of India’s flexible workspaces’, net absorption of more than 17 million sq. ft. of the Indian flex space market was witnessed.
The advantages of flexible workspaces allow companies of different sizes to continue work from multiple locations within their place of residence. By this method, the workforce can select to proceed with work from an office address near their home, thus, reducing the commute time. This way they can concentrate on work and spend more quality time with their family. More so, flexible office spaces promote easy association and interchange with clients and colleagues more often.
This way, moving forward, companies are planning to open their premises given the advantages of confederation and inspiration that only a tete-a-tete can bring to the table even with adaptable work solutions in place. However, to make this a reality, they need to be adjustable to many cutting-edge technologies.
Following are some of the real-time arguments on the usage of flexible workspace.
Why Choose Flexible Workspaces?
- Reducing The Investment Cost Of The Companies
Nearly 27℅ of the employees are working from home, which has reduced the investment cost of the companies manifold.
- Moving In With Rent-Free Commitments.
The world takes a paradigm shift to the new normal. Start-ups and small enterprises should re-evaluate, protect and further recalibrate their business model. So, they combine remote access and remotely shared connectivity.
- Get The Flexibility Of The Time Horizon.
The start-up ecosystem is dynamic and adapting to changes. The employees and professionals are immensely flexible, active, and ready to acclimatize to the recent trends. The idea of remote working has benefited the employees as well the companies with increased volume of work.
- Downsizing Your Cash Outflow
Remote working culture is cost-efficient. Companies can cut down the unnecessary expenses to infrastructure, commutation, and increasing expenses on productivity and development.
- Scaling Up Your Expenses Once The Actual Team Size Grows
Companies can scale up their expenses as required. They can integrate the resources into the cloud and become more available, expanding flexibility. There is an increased chance of solving the challenges in real-time. Thus, offering the potential for improving productivity.
- Getting Customized Solutions For Each Company
The recent trends have enabled people to remotely work while having safe access to the company’s resources, equipment, and data points which are the starter pack of a productive work environment. This abrupt and constant access can open up chances to trace and mitigate any concern varying from structural changes to cyber security issues. Organizations can find customized solutions within and outside the physical constituencies of an office structure.
Also, leaders of remote working organizations can start to offer the services in a more streamlined way to their clientele. It may include not only tech-savvy but also tech-shy customers and find a customized solution for the company. This way, they may improve loyalty and brand equity far and wide within their end-user base.
- Operating Expenditure Vs. Capital Expenditure
Companies incur operating expenses like administrative and general expenses, goods’ cost, research, and development during the regular business. On the other hand, capital expenditure is incurred when a business takes on debt or uses collateral to add value to an existing one or buy a new asset.
The new normal has benefited from the digital environment by hosting webinars, conducting online presentations, collaborative meetings, brainstorming sessions, and workshops. Thus, the flexibility of working space has increased the engagement of both the employee and the employer.
At CorporatEdge (CE), our CE experts provide you with customized workspace solutions following all the COVID-19 health and safety protocols. So, if you are looking for a flexible workspace solution, don’t hesitate to email us at firstname.lastname@example.org or call us at: +91-8287566777.