The Covid-19 pandemic has made us rethink the way we live and work in our coworking spaces. On the brighter side, the pandemic has emerged global awareness in maintaining proper health and hygiene. Companies have adapted better hygiene measures to ensure the safety of their employees which has fundamentally changed older ways of coworking trends. It is vital to consider what the post-covid-19 world will look like and what expectations employees will have from real estate industries.
In order to have a positive outcome entities will have to redefine the coworking environment in the post covid world. Their ultimate goal should be to create an improved employee work experience along with giving them freedom and peace of mind. Companies should let employees make their own choices in regards to their preferred work location.
In this article, we have mentioned relevant covid working trends and what the future holds for real estate industries workspaces. Also, we have discussed various attractive strategies companies can look forward to implementing in their office workspaces.
How Covid-19 has Affected Coworking Spaces?
The covid-19 pandemic has created a huge impact on the work environment. It has altered the way we use to operate in our offices, changed our lifestyle, and habits. Furthermore, introduced a new way of working in the commercial real estate industry that is with social distancing. Also, most office workers worldwide had to shift from traditional working to remote and smart way of working; work from home. However, this shift was not quite swift and rather challenging in understanding the role of the covid-19 coworking trends in the coming future. Following which the demand for workspace resources took a halt and many sectors started embracing remote working.
Single-location or single market operators were drastically impacted by the pandemic. They faced a downfall in their demands. Most small businesses lacked the capital to survive and were forced to cut down their employees’ capacity or offered employees to settle on low remunerations. Overall the extreme hit by the pandemic was faced by downtown districts. Employees fled from cities and embraced rote working. In conclusion, many underperforming industries are likely to get affected and face more intricacies in the coming years.
How it was Before Covid and What is Now?
Pre covid co-working space and industries environment were all about establishing an infrastructure for the number of workers that operated in an entity together under a roof. Most commonly called traditional coworking trends. All real estate needed was resources and office equipment for a smooth work environment and growing workspace for their employees. The ideology behind such flexible workspace and co-working was to bring alongside like-minded individuals and share ideas to increase productivity and efficiency of the industries. Such cost-benefit workspace ideology became an attractive investment for both employees and employers.
However, covid-19 made us redefine the way we use to work, and evidently, workspaces lacked flexibility. With a majority of employees working from home, workspaces are nearly empty or closed. As a result, a hybrid workspace solution is all we were looking for. A hybrid workspace offers flexibility and adaptability that gives employees a sense of freedom and choice in selecting where they want to work and when. In the post-covid-19 coworking trend, most industries have started to respect social distancing to avoid transmission of the virus. Utmost hygiene and cleanliness have been maintained by the staff. In addition, managing services will have to adapt virtual offices and spaces for individual focus work.
The Strategies Took Place in the Covid Time
For industries to survive this global pandemic crisis requires thinking beyond ordinary circumstances. Industries had to reevaluate their coworking trends based on the financial capabilities and comprehend in deciding which type of flexible product is optimum for utilization. Different companies have slowly adopted activity-based and agile workspace strategies. Most companies are planning to expand their workspaces by increasing workspace mobility programs and offering employees to select their preferred work location.
Since the beginning of the covid-19 pandemic, real estate industries worldwide have been encouraging their employees to opt for remote coworking trends. This approach has turned out to be beneficial for industries in improving their security, access, and technology for productive work alongside the flexibility in working hours of employees.
What Would be the Future Implementation?
The covid pandemic has encouraged every industry to consider improving their way of operating in their workspaces. Some companies have already started, whereas some are yet to find ways to progress their work ideologies. For larger entities, the implementation of an agile workspace can play a key role in future developments. Such entities must ensure long-term and flexible changes including social distancing within the number of employees. To encourage employees to opt for vaccination companies must impose attractive policies and allow employees who are fully vaccinated to join traditional working spaces. In addition, to support flexible coworking trends industries must look for solutions that provide a sense of freedom and peace of mind to their employees. Employees comfortable with remote working shall be provided with resources to operate effortlessly from their homes.
With the rise in global pandemic crisis, industries faced various challenges, one such was vacancies. Having more and more employees working from home left workspaces nearly empty for the whole time of the year. Thus the companies must implement cutting down resources for future cost-benefits purposes. Hire professionals that are within the capacity of the work location and provide opportunities to employees in deciding their preferred location.
A Prediction on the Future Strategies that can be Applied
Covid-19 pandemic forced us to live in a world we never imagined living in. Companies evolved their coworking strategies and provided employees with a redefined version of workspace called virtual working environment. Remote working became one of the most flexible forms of coworking trends. Experts predict the covid-19 will further bring evolution rather than revolution to the office market. One such evolution seen during the pandemic was hybrid office workspace, in which employees have to travel less frequently to their office spaces for different reasons than they used to. It also provided a halt for companies still trying to figure what the future will bring out for them.
Regardless, many real estate experts also believe that shared places won’t be as scary in the coming future as it has been during a pandemic. On the other hand, employers feel the opposite, with growing comfort in remote coworking trends, the hybrid workspace will be an optimum option even in the coming future. Industries look for ways to improve their efficiency and cost-reduction techniques. Hybrid models provide all-in-one solutions for both employees and employers.
We hope this article provides a better understanding and helps you to take the best initiatives that will benefit your company to improve and evaluate in the post-pandemic workspace. Furthermore, the new dynamics will help in potentially shaping the flexible workspace market and employees will too experience better coworking office trends.
Author Bio- Kiara McColl is a content manager at Clickmatix SEO Sydney agency, where she gets to do what she loves doing- writing and managing content with smart digital marketers in the company. She also has expertise in web marketing, search engine optimization, social media, affiliate marketing