Co-working spaces is on the rise. Communal workspaces is not just for startups anymore. Research conducted by Hays Journal suggests that there were more than 11,790 co-working spaces globally with 1.74 million members. They expect membership to rise to 5.1 million by 2022. Co-working spaces allow the opportunity to network. Many opportunities for social events, wellness, and product launches exist in co-working opportunities. The key is to discuss which businesses occupy the space before you join. They also work to provide emergent business opportunities which can be beneficial to companies that use them.
- The fact that co-working spaces is on the rise does not mean that one should readily accept to work in one or move to one.
- Although communal workspaces have gone beyond being only for startups because big business is embracing it, it should be noted that this concept is not for every business.
- A research that was published by Hays journal shows that co-working spaces have grown globally with there being about 11,790 co-working spaces in 2017 all over the world.
“According to recruiting experts Hays, there are several pros and cons to consider before you embrace this new trend.”