The office space buzz these days is for entrepreneurs and small business owners to look at coworking. But this is not the best solution for companies with more than 5 or 10 employees. The solution for some small businesses is to create their own private coworking office – called team space or open-office environments. This concept is not unique to small businesses. Even large companies like Google, Microsoft and Yahoo have embraced the concept of open-office team spaces.
Business owners and senior managers want to feel connected to their companies’ day-to-day operations – and they find open layouts and team space helpful to that end. It doesn’t hurt that open layouts also maximize square footage efficiency. But the criticisms of open-concept team space claim a lack of efficiency when it comes to workforce performance. They also claim that research suggests employees simply can’t concentrate in these “collaborative” atmospheres. But when done right, this is not true. The fact is that the willingness to rethink the workplace is usually credited with the shift toward remote work arrangements and more flexible hours. The old constraints of where and when you do your work now give way to a more nuanced understanding of what fuels productivity. Your employees may occupy an office space for eight hours a day, but that doesn’t necessarily mean those hours are productive.
From the experiences of our team-space clients, flexible working arrangements bring many positive benefits to an employee’s life – including a better work/life balance, greater job satisfaction, more autonomy, increased energy, creativity, motivation and morale. Businesses with flexible working arrangements give employees greater ownership and control of their own time and working hours, enabling them to manage their responsibilities outside of work as well. This can in turn reduce stress and anxiety for employees, which ultimately translates into more productivity.
Flexible work schedules have both positives and negatives. While some traditional managers feel that structure is good for a work environment, employees increasingly seek positions that offer more freedom in working hours. Whether this means allowing non-traditional hours or paying workers for outcomes rather than having them occupy a desk all day, there are a few reasons why flexibility might be a good fit for your organization.
When companies implement flexible-hours team spaces, they have been able to see improvements in communications and information technology. They have also learned that employees don’t necessarily need to be in their office every day of the working week. Additionally, they have learned that people can now work from home on a regular basis while remaining in touch with the office. Furthermore, there is an increased demand for flexible working from in-demand young talent seeking flexibility. Millennials do not want fixed hours, but instead prefer to choose the hours they work. For this generation, flexible working is now considered the norm rather than the exception. Organizations struggling to attract younger workers may find that they gain an edge over their more traditional competitors.
An additional benefit of flexible-hours team space is some cost-saving benefits. This depends on how the flexible work arrangement is structured, but your businesses may be able to save money. Consider that instead of having 20 employees sitting side-by-side in cubicles or small private offices all day, a business can have some of those employees share a smaller team office space with varying schedules. Not only could you be saving money on the rental costs of office space itself, a business can also cut costs each month on utilities. Most business centres that rent shared offices and team space include utilities in the rent. But others, like Telsec, also offer complimentary coffee and tea for tenants and their guests. This can be a big cost saving over time for a small business.
1. Jennifer Smith
General Manager
The Omni King Edward Hotel
37 King Street East
Toronto, ON
M5C 1E9
Tel: 416-863-9700
Website: www.omnihotels.com/hotels/toronto-king-edward
2. Mark Perry
General Manager
Executive Hotels and Resorts (Boutique)
8 Colborne Street
Toronto, ON
M5E 1E1
Tel: 416-350-2419
Website: www.spazen.ca or www.cosmotoronto.com
3. Emeline Boul
General Manager
Hotel Victoria (Boutique)
56 Yonge Street
Toronto, ON
M5E 1G5
Tel: 416-363-1666
Mobile: 647-574-5832
Website: www.hotelvictoriatoronto.com
4. Omkar Sawant
Reservations Manager
One King West Hotel
1 King Street West
Toronto, ON
M5H 1A1
Main: 416-548-8100
Reservations: 1-866-470-5464
Website: www.onekingwest.com
5. Van Nguyen
General Manager
Cambridge Suites Toronto
15 Richmond Street East
Toronto, ON
M5C 1N2
Direct: 416-601-3757
Hotel: 416-368-1990
Website: www.cambridgesuitestoronto.com
1. Michael Pagliaro
Carisma (Italian)
15 Toronto Street
Toronto, ON
M5C 2E3
Tel: 416-864-7373
Website: www.carismarestaurant.com
2. Patti Shaw
Terroni (Italian)
57 Adelaide Street East
Toronto, ON
M5C 1K6
Tel: 416-203-3093
Website: www.terroni.com
3. Declan
Restaurant 20 Victoria – Michelin guide approved
20 Victoria Street
Toronto, ON
M5C 2A1
Tel: 416-804-6066
Instagram for reservations: https://www.instagram.com/twentyvictoria/
4. Mana
Nami (Japanese)
55 Adelaide Street East
Toronto, ON
M5C 1K6
Tel: 416-362-7373
Website: www.namirestaurant.ca
5. Restaurant Lucie
100 Yonge Street
Toronto, ON
M5C 2W1
Tel: 416-788-9054
Website: www.restaurantlucie.com
6. Niam H
Cantina Mercatto
20 Wellington Street East
Toronto, ON
M5E 1C5
Tel: 416-304-0781
Website: www.cantinamercatto.ca
7. Siva Sathasivam
Uncle Tony’s
38 Wellington St E
Toronto, ON
M5E 1C7
Tel: 416-455-6650
Website: https://uncletonys.ca/
8. Pizzaiolo
104 Yonge Street
Toronto, ON
M5C 2Y6
Tel: 416-860-0700
Website: www.pizzaiolo.ca
9. Robin Singh
Woods Restaurant and Bar
45 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-214-9918
Website: www.woodsrestaurant.ca
1. Thom Tullo
Morpheus8 by Inmode
47 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-863-6564
Website: www.amanspa.ca
2. Altitude Athletic Training
56 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-366-3838
Website: www.altitudeathletictraining.com
3. Physioheath Studios
33 Victoria Street, #130
Toronto, ON
M5C 2A1
Tel: 416-368-2525
Website: www.physiohealth.com
We are by far the most experienced and best coworking team in the market – established in 1980
18 King Street East, Suite 1400
Toronto, Ontario M5C 1C4 Canada
Please check out our 70 second video on our home page or click here:
Take a look at our facilities www.telsec.net
Telsec will Customize Your Client’s Office(s) Layout to Meet Their Requirements.
You are welcome to drop-in any-time, a quick call would be appreciated to ensure our availability Vanessa 416-574-1112 or Josie 416-606-4349 or e-mail josie@telsec.net.