flexible workspace - ONEs Blog https://ones.software/blog Smart Office, Building the Future. Wed, 03 Apr 2024 08:36:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 /blog/wp-content/uploads/2022/06/cropped-favicon2-1-32x32.png flexible workspace - ONEs Blog https://ones.software/blog 32 32 Coworking Statistics & Trends You MUST Know in 2024 https://ones.software/blog/2024/03/29/coworking-statistics-trends/?utm_source=rss&utm_medium=rss&utm_campaign=coworking-statistics-trends Fri, 29 Mar 2024 08:03:00 +0000 https://ones.software/blog/?p=695 All you need to know about Coworking in the hybrid working era.

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A coworking space is a workspace created for workers from various organizations to join together to work. Shared facilities, services, and tools distinguish coworking spaces.

Are you looking for the latest updated data on coworking spaces? We’ve compiled a list of the most eye-opening coworking statistics for 2023 to help you completely understand the state of coworking spaces and their place in the world today.

General Statistics

Number of coworking spaces worldwide

In 2020, there will be 19,421 coworking spaces globally. According to predictions, by the end of 2024, there will be 41,975 coworking spaces globally. (Statista)

Number of coworking spaces in the United States

By 2017, there will be over 4,000 coworking spaces in the United States. According to predictions, there will be around 6,200 coworking spaces in the United States by 2022. (Statista)

Who uses coworking spaces in general?

In 2017, around 1.18 million individuals worked in coworking spaces globally. Between 2021 and 2024, the number of individuals working in coworking spaces is expected to treble, reaching five million.

(Statista)

Freelancers make up about 42% of coworking space members worldwide, while the IT industry employs 20% of those working in coworking spaces.  

(Zippia)

Who uses coworking spaces in the United States

In 2017, there were 542,000 individuals working in coworking spaces in the United States, and this figure is expected to rise to almost 1.08 million by 2022. (Statista)

Do coworking locations become profitable?

Although only 40% of coworking spaces are currently profitable, nearly three-quarters become profitable within two years of their launch.

Coworking spaces rely on membership fees as their primary source of income, but the majority of startups rely on the owner’s other sources of income during their initial period of operation.

(Teamstage)

Global distribution of coworking spaces

With the exception of the United Kingdom, coworking spaces are divided fairly evenly throughout major economies, with the Asia Pacific region having the largest single market. (Statista)

The U.S. has 18.3% of the world’s coworking spaces. Asia has the highest average capacity with 114 people per coworking space, and South America has the lowest at 54 people. (Zippia)

Top 10 countries with the greatest share of the world’s coworking space

Top 3 countries with greatest share of coworking space
Top 3 countries with the greatest share of coworking space
CountryNumber Of SpacesWorld Share
United States3,76218.30%
India2,19710.69%
United Kingdom1,0445.08%
Spain9394.57%
Germany7913.85%
Canada6173.00%
Australia5902.87%
Mexico5082.47%
Japan4112.00%
Brazil3931.91%
Top 10 countries with the greatest share of the world’s coworking space in 2020 (Zippia)

Number of coworking centers in global select cities 

London, the British capital city, has more than 1,400 coworking locations inside its borders, making it the city with the most coworking offices in the globe.

London has around 1,000 coworking spaces, more than the 550 coworking centers in American New York.

Hong Kong ranked third, with around 320 such sites.

(Statista)

Cities with the greatest increase in the number of coworking centers globally 

New Delhi, India’s capital, has the greatest yearly growth rate in terms of coworking spaces worldwide.

Between 2018 and 2019, New Delhi might see a 50% increase in the number of new coworking spaces. Second in the ranking was Toronto, Canada, which had a 35% increase in coworking spaces over the same time period. (Statista)

Proportion of individuals who believe flexible working is the new normal

According to the report, 80 percent of Japanese respondents believe that flexible working is the new normal.

Only 68 percent of Germans said flexible working hours were the new normal. (Statista)

Proportion of members who still work at their first coworking space

According to the report, 55 percent of respondents still work in their first coworking space. (Statista)

Business Trends

Meeting spaces are in high demand

Meeting places were in great demand by the end of 2021, owing to the continued high number of virtual meetings. Individual offices were most popular in North America, whereas team offices were popular in large European cities.

The demand for ‘hot desks‘ was a mixed bag. It was much higher in Europe than the worldwide average. Event rooms, on the other hand, were more popular in North America.

(Deskmag)

More than a third of coworking spaces’ capacities are currently available

The higher the occupancy rate, the longer the coworking spaces had been open. Similarly, occupancy climbed as the size and number of sites increased.

However, even in the largest or oldest groups, this percentage did not reach 65 percent on average. (Deskmag)

A positive trend of flexible workspaces continues in 2022

The majority of flexible workspace businesses polled were optimistic about the start of 2022. In comparison to prior months, expectations were more cautious, particularly in Europe. When the survey was distributed, the Omicron wave was just beginning to rise after the Delta wave had passed its apex.

Within the following three months, 75% of respondents projected an increase in membership, while 60% expected better revenues and improved profitability. More than 20% of coworking spaces had already planned expansions for the start of the year. (Deskmag)

Major limiting factors to businesses of coworking spaces

The major limiting factors to the business of coworking spaces in various areas are:

  1. Fear of Coronavirus
  2. Attracting new members or customers
  3. Lack of planning certainty
  4. Not able to provide enough workspace
  5. Uncertain business prospects

(Deskmag)

The selling point of coworking spaces

According to a 2019 poll, “An enjoyable work atmosphere” is a selling factor for 70% of coworking spaces in the United States.

Work environment as a selling factor for a coworking space is at least partially unique to the United States, with 70% of the country’s coworking spaces reporting this as a selling point being at or above the worldwide average.

“Well-situated location”“Good service”
“Attractive design and fit-out”“Low prices”
“Thriving community”“Many events”
“Free parking”“Multi-location access”
“Internet speed”“Wellness emphasis.”
Selling features for coworking spaces in the United States

(Zippia)

Coworking data by demographics

The worldwide average age of coworking space users

The average age of coworking space users worldwide is 36 years old.

However, this does not imply that the majority of members are in their thirties. Coworking space memberships are increasing in both the younger and older age groups.

Members of coworking spaces of all ages work in a variety of vocations. The elder members are typically consultants of some sort (which makes sense because they have the most skill in their industries), while the younger members are usually in public relations, marketing, or design. (Zippia)

IT industry participation in coworking

The IT industry accounts for 20% of coworking space members.

This is the most prevalent professional field represented by coworking space members, followed by public relations and marketing, consulting, and design.

The area of consulting is vast since it may apply to professionals in practically any subject, so if you chat to coworking members who fall into this category, you’ll discover that they work in a number of businesses. (Zippia)

Percentage of  SMEs use coworking office spaces

The coworking space business model has proven to be quite successful, with target users including SMEs and startup teams. SMEs are currently the most common users of coworking spaces. Startup teams come in second with 27.12%, followed by freelancers with 16.61%. Surprisingly, digital remote employees account for only 2.82 percent of all employees.

(Teamstage)

Coworking data by companies

Top companies in the U.S. coworking space

WeWork, Impact Hub, and Spaces are the top three firms in the coworking space sector in the United States.

  • WeWork has 800 sites worldwide and was the largest private office tenant in Manhattan, New York City, in 2018. It has over 600,000 members and offers hot workstations, dedicated desks, and private offices.
  • Impact Hub already has over 100 sites in 50 countries and is continually expanding. It has over 16,000 members and focuses on bringing businesses together to establish community and sustainable growth.
  • Spaces have almost 400 sites worldwide. It started in Amsterdam, the Netherlands, but today has operations on five continents, including North America.

    (Zippia)

Top Rated Singapore coworking space

  • JustCo’s smart workspaces, which have the largest coworking network in the Asia Pacific, are revolutionizing the coworking sector by fusing together several workspace types to allow businesses flexibility over when, where, and how they work.
  • Leading provider of personalized smart office solutions, Distrii has expanded across Asia, working with over 20,000 users and 600 different enterprises.
  • 40% of the Global Fortune 500 trust WeWork, a global corporation that specializes in the coworking industry. WeWork has built 10 locations, with the most recent in the Jalan Besar area, making it the 200th facility worldwide.
  • The Great Room offers opulent, well-appointed coworking spaces that are well-situated in Asia-Pacific cities with vibrant, business-friendly neighborhoods.
  • Servcorp, which houses 60,000 businesses in more than 150 prominent locations across the world, offers support unmatched by any other provider thanks to its industry-leading technology, highly skilled administrative staff, and flexible terms.

(osdoro)

Advantage of Coworking 

Coworking Save Operational Cost

Utilizing these spaces rather than renting an office can save small firms with fewer than 12 employees about $2,700 each month.

(worksocial)

Coworking Makes People Happier

In a thorough poll conducted in 2018, 89% of coworking users claimed to be happy, and 83% to feel less lonely as a result of using a coworking space.

Working in a coworking space makes people feel like they are a part of a community 86% of the time, which is consistent with another study that found that most coworkers are happier after joining.

(DeskMag) (smallbizlabs)

Coworking Leads to High Productivity 

84% of coworkers say they are more motivated when working in a coworking space.  82% of coworkers report expanding their social network in a coworking hub.

 (Ergonomic Trends

About 68% of coworkers claim that working in a coworking environment greatly improves their ability to concentrate.

(Smart Works Office

69% of coworkers claim to have picked up new skills while coworking.

(Zippia

Related Article:

Productivity Unleashed: Designing Your Perfect At-Home Coworking Setup (porch.com)

ONES Software now has a dedicated page to introduce a series of hybrid working measures to help you solve problems. You may wish to go to https://ones.software/hybrid-workspace/ for further reference.   

Contact us: hello@ones.software, or visit ONES Software official website for more information: https://ones.software/id/. 

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10-minute summary of smart office for 2023 https://ones.software/blog/2022/12/20/10-minute-summary-of-smart-office-for-2023/?utm_source=rss&utm_medium=rss&utm_campaign=10-minute-summary-of-smart-office-for-2023 Tue, 20 Dec 2022 00:38:00 +0000 https://ones.software/blog/?p=2914 In this article, we quickly highlight few smart office summary you must know for 2023

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A smart office provides useful information so leaders can make data-driven decisions about integrating new workplace technology and helps leaders future-proof their organization’s office locations and meeting spaces so they perform effectively for today’s on-site, remote, and hybrid workers.

In this article, we will quickly summarize why smart offices become more and more important even in this world that is full of remote and distributed work.

Smart offices help build relationships among employees 

PwC’s US Remote Work Survey shows just 13% of executives are prepared to let go of the office for good.

Meanwhile, 87% of employees say the office is important for collaborating with team members and building relationships — their top-rated needs for the office.

A smart office provides collaboration tools for staff to have collaborative work smoothly. 

Big Companies are seeking smart offices

LEGO and LinkedIn are committed to transforming their smart offices to support hybrid offices.  They provide lots of virtual technology and office management system in their workplaces.  

Coca-Cola also has already redesigned their office in Singapore. The aim is they want to offer some multi-functional communication tools and technology for employees, allowing them to communicate and collaborate with various colleagues and support remote colleagues back in the office work seamlessly.   

Smart office further develops towards sustainability 

Some smart offices already use renewable energy to reduce carbon emissions. 

David Watkins, solutions director at Virtus data centres, says that in addition to the data centre sector as a whole having its own net-zero by 2030 pledge, pressure to hit that target comes from customers. 

Smart offices not only drive environmental protection, but it is also a big business 

In order to promote smart offices, it is necessary to establish some data centres to store relevant data to enable the smooth implementation of electronic management. 

Google and Microsoft have committed to three-quarters of data centre energy consumption being renewable or carbon-free by 2025. 

The push for data centre sustainability can also be big business. The green data centre market is expected to grow at a compound annual growth rate of 7.5 per cent from $36bn in 2021 to $55bn by 2027. 

Work more flexibly in a smart workplace 

As mentioned above, a smart office allows remote workers and office workers to work together and provides lots of flexible facilities for them to work. 

According to a report from Omdia, 48% of the total workforce will work in a mobile or hybrid fashion over the next 2 years. The reason is employees think that working in a flexible workplace makes them happier at work so improving their work quality and productivity.     

Meeting rooms are not useless at all 

Based on The Economist poll, only 10% of respondents think meeting rooms are useless in the post-pandemic office. Meeting rooms are here to stay in the hybrid working era.

For how to create a perfect smart office, there is no standard answer, and neither is its office space. To summarize some reports, in terms of building the size of meeting rooms, you can refer to the following article. 

Step by Step: Determine the right office size and system for your new office – ONEs Blog 

A smart office can help to reduce the operation cost 

Some companies use a variety of flexible work equipment to replace fixed office facilities such as hot desks. Thus, this can help them to reduce their budget for buying furniture and pay lower rent while saving space.

Takeda Pharmaceuticals has reduced the number of fixed workstations by hot desking in order to create more meeting rooms and community spaces. Its redesigned workspaces were made available to employees at the beginning of this year.

As Inc. studies found out that 40% of an office’s dedicated desk space sits unused on a given day, hot desking can highly help companies to reduce their office costs by freeing up these dedicated workstations.

Creating work targets and a working guideline  

With the help of smart office, employees can follow some work guidelines for hybrid work, this can ensure they have positive work performances.   

In HP Teradici’s survey, 85% of respondents said existing company policies have already changed to reflect the new hybrid working environments, which means including setting some hybrid work guidelines for employees.  

Providing a full working guideline for your employees can make sure them to have specific work targets and ensure their productivity.   

An office management system is a must for any smart offices

One of the HR challenges is management procedures and 15% of respondents agree on this point, according to HP Teradici’s survey. 

The reason is the admins usually take much time for monitoring the staff’s performance or manage office resources, which makes the admins can’t focus on their work and difficult to maintain good performance.   

Therefore, business leaders should think about how to optimize their employees’ work process and Omdia’s report suggests organizations should plan and deliver technology to help their workers be productive from wherever they are.    

One of the best solutions is for companies should implement some office management systems, for example, meeting room booking. 

Few suggestions for office management systems 

ONES – All-in-one smart office system

The followings are the popular choice for your office management system: 

  • ONES: A system provides a comprehensive set of office management functions, including hot desks, room booking service, visitor management, and hardware configurations. 
     
    ONEs work with Microsoft 365 and Microsoft Viva. Also, ONEs can work the IoT sensors, therefore the misused rooms will be auto-released, preventing office resources from being wasted. 
  • The Receptionist: It creates a personalized check-in experience that makes a great first impression. However, it is just a visitor management system and does not provide other office management systems.   
  • Envoy: A company dedicated to optimizing visitor management systems. The initial activation plan is free, but it has some restrictions.     
  • Robin: Offers all the basic visitor management features, such as custom permissions and floor plans. A free trial is available, but some features are restricted.   
  • Condeco: A system that provides a variety of office management systems, including room booking, hot desks, and a visitor management system. It can be chosen at various prices depending on the needs of the office.  
     

Contact us: hello@ones.software, or visit ONES Software official website for more information: https://ones.software/

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Hybrid work trends in Indonesia a business leader needs to know in 2023 and onward  https://ones.software/blog/2022/12/01/indonesia-hybrid-work-trend/?utm_source=rss&utm_medium=rss&utm_campaign=indonesia-hybrid-work-trend Thu, 01 Dec 2022 02:35:29 +0000 https://ones.software/blog/?p=2724 All a business leader needs to know for hybrid work trends in Indonesia.

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In 2022, hybrid or combined work methods, such as working remotely and working in an office, have become a trend in Indonesia.  

Many Indonesian companies have developed appropriate work guidelines for each employee to implement hybrid work. This is because entrepreneurs believe that a hybrid approach to work can have many positive effects on employee performance and well-being.  

This article will show what business leaders must recognize how, when, and where we work are no longer constrained by traditional notions of time and space in this new hybrid working era. 

What is Hybrid work? 

Hybrid work is an approach that takes into account the individual’s needs, whether they’re at home or at the office. Our platform enables people to work from any location, and move between sites as needed. 

Many organizations see hybrid work as the evolution of remote working, allowing employers to better integrate remote working into overall business processes while providing comparable work experience for remote workers. 

In addition, the Indonesian government may further implement a “work anywhere” (WFA) policy for its employees to support hybrid work. 

What is Work From Anywhere (WFA)?  

The Indonesian government is planning to implement a more flexible work system for civil servants, allowing them to work anywhere in the future, the new approach is named as Work From Anywhere (WFA)

WFA is not required employees to work in a specific location, such as a home or office, and they don’t have mandatory office hours. This means that employees have flexible work locations and flexible working hours. 

Work From Anywhere in Indonesia

Ministries and government agencies are developing new frameworks to accommodate this new policy. Although the program is still in its preliminary stages and the Indonesian public authorities have not yet announced whether they will allow employees to work outside of the country, there still most employees prefer hybrid work. 

However, there are some jobs that are not suitable for hybrid work, for example, medical staff or firefighters as they cannot be able to work anywhere.

The application of WFA was intended to increase the effectiveness of ASN performance and provide efficiency to government bureaucracy…The important thing is that performance and targets are achieved,

Satya Pratama, the Head of the Legal, Public Relations, and Cooperation Bureau of the Administrative and Bureaucratic Reform Ministry.

 

Hybrid work is preferred across ASEAN markets

The Cisco study highlighted that hybrid work is now preferred by many employees across ASEAN markets:

  • Indonesia – 84%
  • Singapore – 71%
  • Malaysia – 74%
  • Vietnam – 76%
  • Thailand – 69%
  • The Philippines – 60%

The support for hybrid work extends beyond employees as well — with 90% of employees saying their employers have been supportive of hybrid working. In particular, 46% said their employers have been supportive, while 44% said their employers have been very supportive.

(Cisco)

Why do Indonesians prefer hybrid work? 

Microsoft’s report, “Great Expectations: Making Hybrid Work Work ” shows that as many as 48 percent of employees in Indonesia say they prefer to prioritize health and well-being over work.  

As hybrid work allows the employees to work everywhere and work in a flexible work period, this gives them more flexibility to make them balance life and work.  

Why should take care of Indonesian employees’ needs?  

Wahjudi Purnama, Modern Work & Security Business Group Lead of Microsoft Indonesia, pointed out that the challenge for every organization is to be able to meet the expectations of its employees, otherwise, 66% of workers in Indonesia would quit their jobs and more likely to consider switching to remote or hybrid work systems. 

Hybrid work improves employees’ performance 

According to the Cisco report, hybrid work has been able to improve the quality of work of employees in Indonesia by up to 56.4%, and employee productivity also increased by 53.4%. 

Furthermore, the hybrid work method increases the knowledge and work skills of employees by 58.7%. Meanwhile, employee relations and attitudes at work increased 46.8% with the hybrid work method. 

Hybrid work improves employees’ welfare

In the Microsoft study, 62.5% of respondents admitted that adopting a hybrid work approach had improved their well-being. 

More importantly, as many as 87% of respondents are able to save money by working with a hybrid work style because they do not have to go back to the office as often. Even 92% of respondents admit that the hybrid work approach has allowed them to spend more time with their families, improving their relationships with them. 

Then, 85 percent of respondents said the hybrid approach made them happier and motivated them to take on their work roles. There are 64% of respondents felt that the hybrid work approach had a positive impact on their physical health. 

Why employers would like to implement hybrid work? 

Satya Pratama, head of public relations at the Indonesian National Civil Service Agency, says the flexible working program is designed to improve performance and job satisfaction.  

In fact, at least a dozen companies in Indonesia, mainly start-ups, have already adopted at least part of this WFA approach. They all report that hybrid work has many benefits for them. 

Increases the production growth rate of companies   

A survey from the famous consulting firm Accenture found that 83% of workers in Indonesia prefer a hybrid model for work. It also found that over 67% of companies have high business growth after switching to a work-from-anywhere model.  

Meanwhile, the majority of companies remain focused on where people are going to work physically, and they are ‘no-growth’ in their businesses.  

Reduce business operating costs 

Some data suggests that only about 48.9% of startups will survive in 2021. According to data published by the Indonesian Venture Capital Association (Amvesindo) on the IDX channel, up to 10-15% of startups may also face closure due to a lack of competition. 

The Co-Office is a shared office that supports WFA and offers a variety of flexible working facilities (such as desk rotation), lounge areas, and silent cubicles, in addition to any traditional office.

The use of rotating desks reduces the cost of purchasing fixed desks and reduces the need for startups and SMEs to have huge space requirements and pay high rents. 

Increase employees’ emotional and mental well-being 

Based on Cisco’s report, 60.8% say hybrid working makes their stress levels have decreased because a hybrid workplace provides a work environment less pressurized (26.5%) and greater flexibility (25.7%) to them. 

If employees work happier, this can help them to more engage with their work, and then the quality of work would be increased. Moreover, they would not like to resign from their jobs. So, hybrid work also helps companies to retain talent. 

That’s why entrepreneurs believe that a hybrid approach to work can have many positive effects on employee performance and well-being.   

Who has implemented hybrid work in Indonesia? 

Just in Jakarta, there are already 3,964 companies have implemented the WFH policy. Here are some examples of these companies: 

Amar Bank: It is one of the companies that can be said to be the first of companies in implementing WFA. They have a complete hybrid work system to improve the quality of work and employee welfare. 

Blibli: It is a well-known Indonesian e-commerce company that focuses on building good business ecosystems for consumers and organizations. They noticed an increase in productivity after most of their employees worked from home.   

Efishery: It is a company engaged in aquaculture, and they found that hybrid work actually increased the company’s productivity. Therefore, they decided to go to WFA forever.   

Microsoft Indonesia: They have developed different flexible working arrangements for their employees, such as offering virtual meditation sessions and set break time after meetings, to ensure that employees can continue to provide high productivity. 

More companies support hybrid work:10 companies that implemented hybrid working in Indonesia – ONEs Blog 

Challenges to implementing hybrid work 

Currently rebuilding social capital also looks different in the hybrid world. Wahjudi noted that as many as 49% of Indonesian leaders say that relationship building is the biggest challenge in the hybrid work era. 

Furthermore, Microsoft’s survey also found that corporate leaders need to make the office feel worth commuting. Because, as many as 41 percent of hybrid employees in Indonesia said their biggest challenge was knowing when and why they had to come to the office. 

On the other hand, only 40 percent of leaders have made a team agreement to define these new norms. 

Some companies still not prepared for hybrid work due to misunderstanding

Based on Cisco’s survey, only 25% of employees feel their employer is ‘very prepared’ for a hybrid working future. 

Actually, nearly 72% believe their manager trusts them to be productive when working remotely and over 60% believe their colleagues can be trusted to work remotely. 

General hybrid working data 

Opinions for networking Infrastructure  

67% say suffering connectivity issues on a regular basis is career-limiting for remote workers. 

72.1% say their company currently has the right networking infrastructure. 

93.2% say networking Infrastructure is essential for seamless working-from-home experiences. 

(Cisco) 

Opinions for cybersecurity  

85.9% feel cybersecurity is critical for making hybrid working safe. 

72.5% think business leaders are familiar with the cyber risks of hybrid work. 

69.3% believe their organization currently has the right capabilities and protocols in place. 

65.9% think employees in their company understand the cyber risk. 

(Cisco) 

Less commuting expenses and allowances 

86.5% of employees say they saved money in the past 12 months; the average is US$112 a week / US$5,824 a year.

In the same meaning, hybrid work helps their average income increase by 13.3%. Therefore, employers can save lots of travel allowances for their staff. 

(Cisco) 

Employees prefer to work virtually 

In Indonesia, 62% of employees are willing to use digital immersive spaces for meetings, up from 52% globally. 

Leaders consider redesigning their workplace 

54% of leaders are currently redesigning meeting spaces for hybrid work, or plan to in the year ahead.  

 (Microsoft) 

Hybrid work helps to build a new meeting etiquette 

Despite 43% of remote employees and 44% of hybrid employees saying they do not feel included in meetings, just 27% of organizations have established new hybrid work meeting etiquette. 

(Microsoft) 

Gen Z and Millennials seeking for flexible work 

53% of Gen Z and Millennials in Indonesia are likely to consider changing jobs if cannot work flexibly this year. 

(Microsoft) 

Directors are planning to change the work style of their companies 

60 percent of leaders in Indonesia say their companies plan to return to full office work next year, higher than the global figure of 50 percent.

However, 66 percent of workers in Indonesia are more likely to consider switching to remote or hybrid work.

More information for hybrid working 

Stanford economist explains why need hybrid work: Stanford economist tells what can be learned from the winners of hybrid plans – ONEs Blog 

How to optimize your hybrid workplace for 2023: Optimize your hybrid workplace for 2023 – ONEs Blog 

What equipment do hybrid workers need in 2023?: What equipment do hybrid workers need in 2023? – ONEs Blog 

ONES is one of the famous all-in-one smart office systems that can help you to easily implement hybrid working at ease.  You can easily perform virtual meetings, desk hoteling, and digital office management with our Room Booking, Desk Booking, and Visitor Management features.     

Feel free to contact us for more detail to implement your hybrid office!  

Contact us: hello@ones.software, or visit ONES Software official website for more information: https://ones.software/id.   

The post Hybrid work trends in Indonesia a business leader needs to know in 2023 and onward  first appeared on ONEs Blog.

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APAC Office demand is still resilient in the hybrid working era https://ones.software/blog/2022/11/30/apac-office-demand-is-still-resilient-in-the-hybrid-working-era/?utm_source=rss&utm_medium=rss&utm_campaign=apac-office-demand-is-still-resilient-in-the-hybrid-working-era Wed, 30 Nov 2022 01:30:00 +0000 https://ones.software/blog/?p=2717 Office demand is still resilient in APAC region, no matter "Greater resignation" or hybrid working entrenched across most of the globe.

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Many people questioned the role of the office early in the pandemic, wondering if the unexpected global experiment in remote working would render the office obsolete.

Dominic Brown, professional with knowledge of real estate and economic trends, indicates that after gaining a greater sense of the long-term impact of the global pandemic, he found out that office demand still has high resilience in Asia Pacific.

The outlook for office demand is also positive, thanks in large part to the three following factors: growth in office-based employment, a slower uptake of flexible working arrangements, and the continuing importance of the office.

Growth in office-based employment

Unemployment estimates indicate that labor markets across the APAC region are projected to tighten, with most posting unemployment rates at or below their respective five-year averages.

The growing mismatch between necessary business capabilities and the available labor force has fueled the fight for talent. Global research also found that 41% of the workforce is considering quitting employment during the next 12 months—during the so-called “Great Resignation.

The essential takeaway here is that corporate occupiers should emphasize personnel retention and attractiveness in the short term while also increasing efficiency through investments in technology and real estate.

Slower uptake of flexible working arrangements

Many firms have pushed the implementation of more flexible working methods as a result of the worldwide experiment of working from home during lockdowns. However, there is still debate over the best hybrid of in-office and remote employment.

According to the data, the most important factor is to give employees the autonomy to choose where they want to work. Employers who can inspire their employees to return to the office not only improve employee experience but also drive significantly higher engagement outcomes.

Because employees anticipate more flexibility in where they work, office spaces will increasingly be constructed with an emphasis on collaborative space. However, the transition in the Asia Pacific is expected to be more restricted.

Fundamentally, this is because a larger number of employees are spending more time in the office and, as a result, require more space for concentrated work.

As a result, occupiers will likely look to landlords to provide collaboration space and wellness activities for group usage elsewhere in the property.

The continuing importance of the office

Workers have demonstrated that they can remain productive while working from home throughout the epidemic.

However, this has come at the price of other components of the work environment. Employees who joined their company within the previous year outperform longer-tenured colleagues based on Experience per Square Foot (XSF) Research, but remote work has hampered personal interaction, particularly when it comes to building professional networks and bonding with colleagues.

The problem for landlords and occupiers is to persuade employees to work in their buildings. Simply put, it will include developing amazing spaces and places—placemaking—because employees will expect and demand more than an A-grade building with spectacular views.

What does an office mean for people nowadays?

The office should serve as an important tool for maintaining and attracting personnel, as well as communicating a company’s brand and culture.

Amenities have evolved into locations for renters to work, socialize, and interact with colleagues, making them essential differentiators. Creating communities is now at the center of a functioning precinct, building, or workplace.

For example, Google Singapore announced its latest office spotlight that shared spaces and a close-knit community will be the new working environment for Googlers to work enjoyably and flexibly based on their hybrid approach to work policy.

As a result, communities are being formed through health spaces, tenant applications, collaborations, and events.

How to implement a flexible workspace for your people?

ONES all-in-one smart office system can help you to easily implement hybrid working at ease.  You can easily perform virtual meetings, desk-hoteling, and digital office management with our Room BookingDesk Booking, and Visitor Management features. 

ONES Software now has a dedicated page to introduce a series of hybrid working measures to help you solve problems. You may wish to go to https://ones.software/sg/hybrid-workspace/ for further reference. 

Contact us: hello@ones.software, or visit ONES Software official website for more information: https://ones.software/sg/

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Over half of S’pore workers would consider quitting if hybrid work is not a choice https://ones.software/blog/2022/08/02/singapore-worker-quite-if-no-hybrid-working/?utm_source=rss&utm_medium=rss&utm_campaign=singapore-worker-quite-if-no-hybrid-working Tue, 02 Aug 2022 09:28:36 +0000 https://ones.software/blog/?p=1061 Why over half of Singapore workers polled would consider quitting if asked to return to work full-time?

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  • Over half of Singapore workers polled said they would consider quitting if asked to return to work full-time.
  • Salary and flexibility in working time are the main factors for Singapore workers to stay.
  • Workplace flexibility matters

    According to ADP Research Institute’s “People at Work 2022: A Global Workforce View,” the majority of workers who consider leaving their jobs if asked to return full-time to the workplace are between the ages of 18 and 44.

    In comparison, only about 20% of Singaporean workers over the age of 45 would consider leaving if their employer required them to return to work full-time.

    According to ADP’s statement on Monday, the reluctance could be a potential source of friction because some industries, such as construction, manufacturing, and food and beverage, may be unable to implement a hybrid work system (4 July). When compared to other industries, the food and beverage and retail industries rely more heavily on younger workers.

    As well as flexibility in the workplace, employers are recognizing the importance of providing other benefits and support to their workers.

    For instance, two-thirds (66%) are now offering financial wellbeing advice to staff, up from six in 10 (59%) in 2021 – but that is far more likely to happen in the Asia Pacific and North America (74% and 56%) than Latin America (49%) or Europe (36%).

    Key factors that affect career change in Singapore

    Key factors that affect career change in Singapore

    The report also conducted surveys on other aspects of work, such as worker satisfaction and career priorities.

    In Singapore, 75% of respondents have considered a major career change in the last year. This could be due, at least in part, to only one in every eight Singaporeans believing that their job or industry is secure.

    While salary was the most important factor in a job across the Asia Pacific region, it is by far the most important factor for Singapore workers, with 71% ranking it as the most important factor. Despite this, only 63% of Singapore employees are likely to request a raise if they believe they are deserving.

    The flexibility of working hours is important to 42% of Singapore workers, while enjoyment of the day’s work is important to 32%.

    Read more: Google Singapore: Focus on the flexibility of employees

    How to implement a flexible workspace to retain your employees?

    Office workers heading for work (https://www.flickr.com/photos/iloasiapacific/29829846593)

    Apart from salary, flexibility in the workplace has become the major factor for people, especially Singapore workers, to stay in the same company. Therefore implementing a flexible workspace will be an urgent issue for directors and administrators to survive in the serious career market.

    Bookings ONE, one of the famous management systems, can help you to easily implement hybrid and flexible working at ease. Hybrid work means a mixed working style of working at the office and working from home. You can allow your employee to have high flexibility to choose their desirable workspace. You can easily perform virtual meetings, desk-hoteling, and digital office management with our Room BookingDesk Booking, and Visitor Management features. 

    ONEs Software now has a dedicated page to introduce a series of hybrid working measures to help you solve problems. You may wish to go to https://ones.software/sg/hybrid-workspace/ for further reference. 

    Contact us: hello@ones.software, or visit ONEs Software official website for more information: https://ones.software/sg/

    The post Over half of S’pore workers would consider quitting if hybrid work is not a choice first appeared on ONEs Blog.

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