3 MAIN TRENDS FOR THE FLEXIBLE WORKSPACE MARKET IN 2020 The global coworking space market estimated at a value of $26 billion, making it obvious that shared coworking spaces are the future. As the older generations retire from the workforce the millennial generation fills in the professional gaps, around 65% of staff that work in flexible workspaces across the world are under the age of 40. As the market continues to boom, what are the flexible workspace trends to keep an eye on in 2020?
A FOCUS ON STAFF WELLBEING AND RETAINMENT As more and more workers are switching jobs easily, businesses are focusing on shared flexible workspaces to keep staff engaged and happy. This is why coworking spaces in Melbourne, Sydney and Brisbane are situated in prime CBD locations. With a varieties of restaurants, cafes, bars, high-end shopping boutiques and entertainment venues all nearby, enabling people to easily manage their work-life balance.
MORE CORPORATIONS USING COWORKING SPACES Many large corporations from various key industries have realised the value they can gain from renting a premium flexible workspace. This not only provides the immediate and fully serviced space they need, but is also a much more cost-effective alternative as opposed to entering a lease with a real estate for a traditional office space.
AN INCREASED DEMAND FOR TECHNOLOGY 2020 is seeing an increase in the demand for coworking spaces to be fully serviced with the latest technology to meet the requirements of their members. At workspace365, it is ensured that all the flexible workspaces are fully equipped with everything the members need to run and grow their businesses. Tailored services are also offered such as professionally trained reception staff, administrative support, mail handling, client greeting, telephone answering services and more.
Source: www.workspace365.com.au