A flexible workspace is like a chameleon of the office world – it adapts to fit the needs of your business and your employees. Picture an office that isn’t tied down by any traditional office cubicles or fixed desks.
Instead, it’s a dynamic work environment where people can choose where and how they work best.Â
A lot of coworking spaces have open floor plans, cozy nooks, and many different types of conference and meeting rooms. Not only does workplace flexibility give employees and staff more freedom, but it gives business owners and freelancers the chance to use these spaces too. Not every business needs a brick and mortar storefront to get started which makes flexible work offices convenient and easy.Â
What Is Flexible Work?
Flexible working arrangements can come in different shapes and sizes. It allows business owners and employees to have more control over when, where, and how they work. This can be as simple as adjusting schedules to accommodate personal needs and preferences, like start and end times, working remotely, and part-time or full-time. The main goal with flexible work is to promote better work-life balance and increase overall productivity and employee satisfaction.Â
Flexible Work Examples
Telecommuting
This type of flexible arrangement allows you to work from anywhere in the world as long as you have an internet connection. Whether you’re kickstarting a new business or freelancing, telecommuting gives you the freedom to live life on your terms while staying connected to your team and getting your work done.Â
Hybrid Work
In today’s current job climate, many companies are opting for a hybrid work approach. This setup gives employees the chance to split their time between working in a traditional office environment and working remotely. This work model gives you the chance to collaborate with other employees or business owners face-to-face while maintaining autonomy over your work and life outside of work.Â
Flextime
Flextime is a working schedule arrangement that allows workers to vary their start and end times within certain limits. Instead of adhering to a fixed schedule, like the classic 9 AM to 5 PM, employees have the flexibility to adjust their hours to better suit their individual needs.Â
Compressed Workweek
A compressed workweek is a schedule where employees work their standard weekly hours in fewer days. For instance, some companies will have a four-day workweek but require employees to put in 10 hours a day to make up for the additional day off. Compressed workweeks can offer many benefits and flexibility for both businesses and staff – which can boost productivity.Â
Benefits of Flexible Work
Overall, flexible work arrangements can lead to happier, healthier, and more engaged workforce and business. We break down the top benefits below:Â
Reduced Commute Times
Most people can agree that commuting to the office is tedious and would rather put those hours towards work or personal time. With flexible work as an option, people can take back their time and spend less time going back and forth from the workplace.Â
Increased Employee Retention
Employee turnover can be costly for any business. It takes time and money to train new employees while keeping them engaged and motivated. Providing workers with flexible work options can improve retention rates and make employees feel you value their time outside of the office.Â
Lower Overhead Costs
With the help of a coworking or flexible workspace, not only will you save some extra money, but you won’t be legally bound to any contracts or leases. If you’re a new business owner or freelancer looking to work in a motivating environment, at Telsec we offer flexible membership options, so you can keep those overhead costs in your pocket.Â
We offer tons of different rooms, including:
- Conference and meeting rooms
- Training and seminar rooms
- Virtual office services
- Shared office spaces
Networking Opportunities
Coworking spaces bring together professionals from diverse backgrounds and industries, providing ample opportunities for networking, collaboration, and knowledge sharing. These interactions can lead to valuable connections and partnerships in the future.Â
Better Work-Life Balance
Ever since remote work and flexible work arrangements became more popular, it’s been easier and easier to blur the lines between work and personal life. In order to have an effective work-life balance, it’s important people shut off and take a step back from work. Whether you work for a company or have your own business, it’s essential you have boundaries. Flexibility options give people the chance to prioritize both their personal life while staying on top of their work.Â
Is Flexible Work Right for Me?
Remote and flexible work is changing the employment and business landscape. Not only does it offer tons of benefits for freelancers, digital nomads, and business owners, but it gives time back to employees. By opting for flexible work arrangements, you can improve employee retention and satisfaction, and boost productivity.
At Telsec, we offer a variety of office space options. Book a tour with us today and discover what we have to offer in downtown Toronto.