Across the globe, employees have witnessed rapid changes in work and workspaces. One of the fastest-growing trends is that of the sharing economy. This is evident in the successes of sharing-based businesses like Grab and Airbnb, with consumers embracing the culture of sharing and collaboration.
As sharing and renting out resources have become economically viable ventures, flexible workspaces have begun to emerge and grow. With the pressure of needing capital to maintain properties and utilities gone, more businesses are taking off—tech-based industries, business process outsourcing/knowledge process outsourcing companies, marketing and advertising agencies, and non-government organizations.
Aside from this, flexible workspaces offer many benefits, such as an increase in employee efficiency and productivity, opening up opportunities to network and collaborate with other businesses and entrepreneurs, creating a sense of community where employees have a sense of control and purpose over their work, and contributing to a positive corporate culture. The infographic below provides more detail into flexible workspaces and statistics behind the effects of these workspaces across industries.