Co-working Space: A New Way Of Work

Co-working Space: A New Way Of Work

The success of an organization depends on a variety of factors. One of the most important factors is whether or not the employees are happy. The latest trend to ensuring organizational success is concentrating on employee welfare and employee satisfaction. It is important to understand that only a monetary remuneration is not enough to act as an incentive for an employee to perform better.

Studies have revealed that the kind of working environment provided is a very important determinant of how the employee performs. The benefits of employee welfare are seen at every level of the organization. Organizations which concentrate on employee welfare enjoy an increased loyalty of its employees and of course, better performance.

It was seen that for employees returning to work after having children, one of the biggest barriers was access to a good and reasonable child care facility. Therefore, one of the newest trends that have started is the setting up of onsite childcare centers. Therefore, setting up good onsite childcare centers is the perfect way to encourage such people to work. A good child care center available at the workspace itself acts as a very big incentive for mothers with very young children.

For organizations which adopted this method highly satisfactory results were seen. As such, providing onsite childcare facilities proves to be a very effective incentive to a certain section of employees.

Another innovative idea to get better performance out of employees is the concept of co-working space. This is generally not adopted by the same organization. It is a concept of working in a kind of shared environment while still being an independent activity. Co-working is a very attractive style of working for people who tend to face isolation during work. It is a kind of a social gathering of people, each of whom however, is working independently. Co-working is not just about the working space. It is about creating a kind of community first. Correctly employed, a co-working space can do wonders in improving employee performance and morale.

There are a variety of innovative ideas that are coming into being. And the use of each proves that an organization dedicated in working towards the welfare of its employees yield better results by ensuring both better performance as well as loyalty of the employees towards the organization. Therefore, employee satisfaction is of utmost importance in these times. To any organization which adopts this view, success is guaranteed.
 

Author is an experienced writer shares knowledge on Business and home themes such as onsite childcare and co work space.

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