9 to 5?

Every business day, office workers trundle out of their homes and commence their daily commute, eventually converging at a centralised location owned or leased by their employers. They undertake their work, typically from ‘9 to 5’, and then commute back to their homes at the end of the working day.

That’s the old paradigm; and it’s looking increasingly unsuitable for the way that many of us work today or will work in the not too distant future.

Where, when and how we work is changing. There’s a coworking revolution taking place around the globe.

Technology is removing location dependence

Technology has been the catalyst for much of this change. It has been both an enabler, through allowing us to work differently (i.e. remotely); and also a disrupter, effectively ending some older ‘traditional’ industry sectors and jobs, whilst simultaneously creating new ones.

The work undertaken in many professional roles is increasingly becoming location-agnostic. For many workers, the only tools that they require to perform their roles is a computer, an internet connection, and perhaps a phone.

Full time employment is decreasing

There has been a significant increase in part-time or casual employment, with a corresponding decrease in full-time employment.

Freelancing continues to grow

There has also been a meteoric rise in the number of people engaging in freelance work (broadly referred to as the ‘gig economy’). This rise has been largely facilitated by online platforms, such as freelancer.com and airtasker.com.

Self-employment is increasing

Many more workers are also embracing entrepreneurship, becoming self-employed through their own business ventures.

We expect more from our work

Our expectations of work are also changing. Many people now believe that work should better accommodate for the rest of our lives, with more flexible working hours and locations, allowing us to live happier, healthier lives. What a crazy notion!

Progressive employers will reap the rewards

Smart employers get it. They’re already tailoring their employment agreements and working arrangements to facilitate a better way of working. They recognise that they also stand to benefit from coworking.

Leasing an office floor (or a whole building) can cost a heck of a lot of money. Add in the costs of the fit-out, office equipment, stationary, furniture, and overheads like power and insurance – and the cost balloons.

What if your employees worked remotely for part of their work week? You would need a lot less space for a start.

Better still, what if someone else carried all of the office costs, and you simply hired space as needed? For employers, that’s one of the many benefits of coworking.

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