Available
Since the start of the pandemic, the world has experienced exponential growth in remote and hybrid workforces. As a result, many companies who have traditionally owned or leased their own offices are now re-examining staffing policies and questioning whether to retain their real estate assets, as more and more employees continue to seek greater work-life balance away from the “Downtown Head Office”. In the past, coworking spaces were largely patronized by digital nomads, solopreneurs, freelancers, and other small and micro business owners. While this membership base remains somewhat in tact, it has become cost-prohibitive for some many to the dramatic rise in overall cost of living. Meanwhile, there’s real potential for spaces like Beta Collective to be a flexible, alternative (or temporary) solution for larger organizations as well, as they ponder relocation and the future growth and direction of their team. To them, perhaps shifting to a coworking membership model might actually be the best of both worlds in terms of cost and efficiency.