Flexible office space makes up 144,000 square metres of all the office space in Australia.
However, once the COVID-19 pandemic dissipates, it’s expected that this figure will increase enormously, to cater to changing needs.
The restrictions that have been implemented mean that more than 50% of office workers are currently working from home.
As a result of this change, businesses have realised that their productivity and the output of their employees has not actually dropped as much as originally expected.
This is where the growth in flexible working will come from… organisations are now far more likely to utilise flexible and coworking spaces.
Here are just some of benefits for businesses which are heading that way.
Savings for Businesses
Sydney office space is amongst the most expensive in the world.
Therefore, there are obvious benefits to utilising flexible working spaces, where you can essentially pay per desk/employee.
This takes away any issues with paying for too much office space and provides a buffer if your staff numbers expand quickly.
When you are able to make use of space off-site like this, you’ll be able to put funding into other essential parts of your business.
Health and Safety in the Office
Having less staff in the office makes it a healthier and safer space.
This is because you can more appropriately space out your employees, meaning a reduced chance of transmitting and spreading illness.
As well as that, there are myriad other benefits, such as less distraction, lower levels of stress and less noise pollution.
Therefore, consider how utilising flexible and coworking office spaces can benefit the wellbeing of your staff after COVID-19.
Flexible Working Means Happier Employees
Many employees will thrive working in a flexible environment.
Every employee is different, and more office-based businesses and researchers are recognising this.
Therefore, a number of your staff will actually thrive working off-site, in a flexible working environment. Forecasting has predicted this to be the case, hence the touted explosion in the amount of flexible office space in Sydney.
To discuss your Sydney commercial lease, as well as any need for lease re-negotiation or lease surrender, get in touch with Niche Advisory here.
