With co-working spaces popping up throughout the UK, more and more businesses are realising the benefit of flexible working. Not only is a shared space kinder on the wallet, but it can also boost employee productivity and job-satisfaction. Read on as we discuss why flexible spaces have become more popular in recent years and why they will more than likely continue to soar in popularity.

The growth of flexible working spaces

According to JLL research, flexible office space is set to grow by 30% per year over the next five years. In fact, this modern flexible space will account for at least 30% of corporate portfolios by 2030.

No longer are businesses confined to four walls and expected to clock in from 9 to 5. Instead, organisations are going off-piste – working remotely, with flexible hours in a co-working environment.

With a shift in property, more and more companies are realising the big benefits of co-working spaces. Gone are the days where co-working spaces were reserved for start-ups. Now multi-national organisations are taking advantage of these flexible spaces.

Why are co-working spaces so popular?

So, what are the reasons behind this growth?

A key factor driving co-working spaces forward is the changing workforce. The millennial generation has entered the working world, wanting to work flexibly to improve their quality of life.

With more and more social demands, people want to achieve a greater work-life balance. This can be achieved through flexible hours, flexible ways of working and – you guessed it – flexible office spaces.

Fortunately, businesses are in a position to help their workers achieve this. Communication has never been easier than it is today, with mobile access to emails, shared cloud networks and even video conferencing at the touch of a button.

The benefits of flexibility

Flexible working spaces are not only great for businesses that want a happier workforce. They are ideal for companies going through period of change. Whether you’re expanding or downsizing, co-working spaces give businesses much-needed scalability, meaning you can take on new staff or move to a smaller space without the immediate need for a change in resources.

This provides more cost-efficiency as companies don’t need to invest in as much permanent office space. You can use the space as and when it’s appropriate for you. No more paying for what you don’t need and no more long leases or expensive rent.

Needless to say, this flexibility also goes hand in hand with the rise of the gig economy. It’s estimated that a huge 5 million workers are employed on short-term contracts in the UK. Those requiring office space won’t be able to or even want to commit to long contracts and permanent space. They can come and go as they please, utilising the facilities as and when they take on work.

Flexible office spaces for you

At Anvic, we know how important it is to find the right working environment. With a selection of exceptional modern office spaces across Burnley and Manchester, we can help you find the flexible space that’s perfect for you. Choose from a range of office sizes, locations and styles to find the ideal space to match your needs and budget. Get in touch today using our online contact form to find out more.