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Why Has Shared Workspace Contributed to Growth?

The price of doing the same old thing is far higher than the price of change – Bill Clinton

It is rightly said that change is quite indispensable in order to achieve rapid growth and success. When it comes to working strategies, transformations are considered as a priority as humans are more productive when they experience transformations around them. 53% of HR professionals agree that employee engagement significantly rises when there is an improvisation in the onboarding process. Thus, it is necessary to make workplace dynamic and interesting for employees.

Prolonged researches have also revealed that workplace stress enhances by 33% by looming deadlines. 22% of work stress is contributed due to unrealistic expectations of managers, 22% in the efforts of managing work-life balance while 15% is added due to inter-organizational conflicts. But the biggest fact associated with the above stats is that it is nearly impossible to finish them at all or curtail them to a noteworthy extent. Thus, the easy way out is to create an amicable work environment which could at least help in keeping employees stress free, focussed and away from stress. The concept of fully serviced shared office space has been successful in making people happy at work place. The following are some of the reasons that have made shared workspace a major factor for economic growth.


A service provider for shared workspaces followed a specific approach to ‘How to keep employees satisfied?’ The question enabled them to explore many essential factors that are directly related to employees’ performance and its direct relation to workspace arrangements.


Excessive competition in the external business environment has also developed innumerable opportunities for the employees. It has greatly reduced the retention and loyalty of employees towards organisation. Service providers offer all the attributes like interior, workstations, furnished office space for rent and cafeteria etc to retain employees for longer thereby enhancing their comfort level.


In order to retain employees, service providers believe in frequent refreshments like celebrations, event organizations, celebrating birthdays and weekend activities etc. Communities at these shared spaces are dedicated to organize employee engagement activities thereby keeping them associated with the company.

Change in workspace plan (open space not closed cubicles)

Unlike previous monotonous private cubicle setup, companies prefer open space setup, where hierarchy or seniority is not visible. Service providers design shared office spaces in a way, where exchange or flow of information has become easier as compared to previous office design.

Interior design

Bright colored walls with beautiful suspended lights, designed walls, equipped workstations and carpeted floors is all that is required as an ideal office environment. In addition to this, well-organized meeting rooms, conference rooms, cafeteria and gaming rooms have greatly enhanced individual’s enthusiasm and dedication towards work.

Improvement in workspace arrangements is the important factor that has supported the economic growth of the nation.

Source by Swasti Gupta

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