In the modern day for coworking space vs. traditional office, going into an office building that\u2019s dedicated to your company from 9-5 every day of the week is something of the past. The Covid-19 pandemic sparked a change in work-life balance by causing companies to go fully remote. Despite the fact that the pandemic has officially been declared over, many companies have retained remote work or at least a hybrid model. In fact, remote jobs now make up as many as 15% of work opportunities in the United States, with 26% of employees claiming to work remotely.<\/p>\n
However, some companies believe in the in-person model with their entire hearts, yet retaining top talent without the option of remote, or even hybrid, work has proved difficult. In an effort to solve this, many companies have transitioned to offering coworking space<\/a> options closer to where employees live, rather than forcing employees to make the long commute to the office. Learn the ins and outs of coworking to determine if it\u2019s a viable option for your business.<\/p>\n As a relatively new form of working, coworking is when people from different organizations assemble in a single place to work independently or in small groups on projects for work. Generally, the people working within the coworking space are not a part of the same company, which is where the name actually comes from.<\/p>\n Coworking spaces operate in almost the exact same way as a traditional office by offering amenities such as printers, snack rooms, desks, and more, though the spaces are built to be more modern and open as opposed to cubicle life.<\/p>\n Currently, there are over 6,200 coworking spaces in the United States which make up around 18% of the world\u2019s total coworking spaces. On an annual basis, an average of 1.08 million people utilized these spaces with around 100 people per location serving as the norm. While this may not seem like a large figure, just five years ago there were only around 4,000 spaces in the U.S., going to show how fast they\u2019ve risen in popularity.<\/p>\nAlso read:<\/span> Top 10 AI Infrastructure Companies In The World<\/a><\/span>\n The cost to rent a coworking space can vary drastically depending on location, amenities, whether private offices are offered, and much more. However, the average price ranges from around $250 per month to $1,000 per month for a desk. There are day pass options available at many locations that can go as low as $30.<\/p>\nThe Basics of A Coworking Space<\/h2>\n
How Common are Coworking Spaces?<\/h2>\n
How Expensive are Coworking Spaces?<\/h2>\n
5 Reasons to Consider Investing in a Coworking Space<\/h2>\n