Co-working

Today I would like to write about co-working – what is it, what are the trends, who is doing it and what are the benefits?

Definition of co-working

There are different definitions but I like this one:

“coworking” or “co-working,” is a generic word that’s generally used to describe any situation in which two or more people are working in the same place together, but not for the same company. (http://whatiscoworking.com)

Who is co-working?

The typical user of a coworking facility is self-employed, a telecommuter, or a freelance worker (http://whatis.techtarget.com/definition/coworking) which means that not only self-employed people use co-working spaces but also people that are employed. Here are some more statistics:

  • 78% of coworkers are under 40 (https://www.officevibe.com/blog/11-incredible-coworking-statistics-infographic)
  • 62% are male, 38% are female (http://www.seointhesun.com/ultimate-coworking-collection/)
  • 47.4% are self-employed, 35.2% work for a small company (less than 10 employees), rest small to large companies (http://www.seointhesun.com/ultimate-coworking-collection )

Trends for co-working

Co-working is a big trend all over the world.

Coworking is covering up more and more regions and cities all around the globe. Although Europe and North America are still ahead of the move, Asia, Africa or, mostly, Latin America, are experiencing what could become soon a boom of coworking spaces in their respective urban centers. (http://coworkingafrica.com/category/coworking-trends)

Four new coworking spaces opening up, on average, every day somewhere on the planet.(http://coworkingafrica.com/category/coworking-trends)

Coworking has been one of the fastest-growing entrepreneurial trends of the last decade. (http://www.forbes.com/sites/katherynthayer/2015/06/23/coworking-is-old-news-why-you-should-look-at-collaboration-spaces)

The number of Coworking spaces nearly doubled each year since 2006 (http://www.donau-uni.ac.at/imperia/md/content/department/bauenumwelt/forumbs/2013/61_oettl.pdf):

  • 2006: 35
  • 2010: 600
  • 2012: 2015

What are the benefits of co-working?

Here are some of the benefits of co-working:

  • Increasing productivity, social interaction and knowledge sharing are one of the most important benefits.(http://www.seointhesun.com/ultimate-coworking-collection)
  • 90% believe using a coworking space makes their lives easier (http://www.seointhesun.com/ultimate-coworking-collection)
  • 70% reported they felt healthier than they did working in a traditional office setting (https://www.officevibe.com/blog/11-incredible-coworking-statistics-infographic)
  • Potential Networking
  • Coworking is cheaper than renting an office (http://mobileoffice.about.com/od/glossary/g/coworking.htm)
  • More social time, less alone time (http://www.iedcevents.org/Downloads/Conferences/Spring_12/Welch.pdf)
  • It’s flexible and practical (http://www.bigdatapartnership.com/playing-well-others-coworking-space-versus-traditional-office)

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