With Coronavirus sending labourers into their homes, corporate workplaces are left forsaken. After more than 12 months of remote working and with the pandemic still as horrendous as could be expected, it's an ideal opportunity to reconsider whether keeping up traditional office leases is significant.
Organisations who need their groups to team up and cooperate in one area while as yet maintaining a strategic distance from huge social affairs and sticking to wellbeing rules are turning towards adaptable office arrangements. Rather than renting whole office floors for their organisation, they're leasing office spaces for groups and permitting representatives to come to work just when required.
The New Normal: Flexible Work Trend and Alternative Workspaces
Before Covid-19, a lot of organisations were exploring different avenues regarding some type of flexible work arrangements. Some of them permitted representatives to telecommute a few days of the week, while some of them permitted workers to come in whenever of the day and end their workday in the wake of completing their obligations.
With the disturbance brought by Coronavirus, this experimentation with flexible work was hurried and the new ordinary is presently described by flexible work and alternative workspace arrangements. Following a while of lockdown, organisations are scrambling to adjust to the evolving times.
While permitting representatives to telecommute is an extraordinary momentary arrangement, it doesn't give a feeling of the local area and can't supplant essential vis-à-vis associations which associations actually need to work. To take care of this issue, organisations are going to adaptable workspace suppliers who have been obliging individuals' adaptable working necessities even before the pandemic.
Why Rent An Office Space Today?
Though some people are reportedly more productive and satisfied working from home, many of them are struggling with work-life balance and communication. Working from home blurs the boundaries between work and home so one finds themselves constantly engaging in work tasks while at home and they also do home tasks during work hours.
Additionally, working from home puts a strain on communication channels within an organisation. Serendipitous discussions and creative collaborations are harder to come by when each interaction has to be scheduled and conducted through a camera. These put stress on workers and companies, therefore businesses need an in-between alternative for home offices and large corporate offices.
Taking into account as well the lack of certainty given the new circumstances, no one knows for sure how things will unfold weeks and months down the line. For this reason, companies are in the process of not only experimenting to find out which alternative work setups will work but they’re also searching for flexible solutions that will allow them to implement changes as things develop in the new normal.
Flexibility That Fits The Uncertainty In The New Normal
Unlike home offices and large corporate offices, office spaces allow small groups of people to interact. This is a much safer alternative than having all employees gathering in one office and risking cross-contamination; at the same time, it satisfies the need for some workers to meet with their teammates and work on projects more efficiently. Office spaces for rent are a great way to provide a mixed-remote working environment, where only a handful of employees come to the main office while the rest convene in smaller offices for rent.
With offices for rent, not only are companies choosing a safer option health-wise, they are also making a strategic business decision. Choosing to have employees work in an office for rent rather than come into their corporate office allows them to better allocate their budget in a time of economic crisis.
Since the pandemic started, a lot of companies and businesses were forced to cease operations and some were even pushed to shut down. In the new normal, every business has to be wiser with their budgeting to cope with lower sales and the uncertainty in the economy. Renting office spaces allows them to do just that.
Also, companies spend tens and hundreds of thousands of dollars just to operate their corporate offices on a monthly basis. By having small teams work in smaller offices at a fixed cost per month, they are minimising their overhead expenditure while also streamlining the administrative process. Without the need to manage an office, many of the staff running the office can make better use of their time contributing to the company more directly.
Business and Tech Solutions
With the new normal, businesses are required to manage their teams and businesses remotely, otherwise, they risk becoming irrelevant and losing the business. Though most businesses have some online presence and use technology to enhance their operations, many businesses relied on traditional methods of communication and their operations were heavily dependent on physical presence.
To transition so drastically from physical to digital requires some expertise, which many businesses are outsourcing in the new normal. Prior to the pandemic, workspace providers who catered to growing businesses provided tech-related services and business solutions to their members or tenants to help them more effectively focus on their businesses.
In the new normal, the same workspace providers who are renting out office spaces are sought after for the services they can provide businesses. These workspace providers cum service providers not only help businesses adapt and survive in these uncertain times, but they also help businesses grow and thrive in such a challenging period in the economy.