Coworking Is More Than Workspace - It's About Overcoming Loneliness

By Author: Impaakt Magazine
Total Articles: 69
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You know, working remotely has its perks - flexible hours, no need to commute, and the freedom to work your way. But if you've ever been a remote worker, you'll understand the downsides too.

Loneliness and isolation are some of the biggest gripes.

When you work remotely, you miss out on those office chit-chats and social interactions. According to Vivek Murthy, the former Surgeon General of the United States, this rise in remote and gig economy workers is causing a "loneliness epidemic." It's not just a social issue; it's a health problem, with its impact comparable to smoking or obesity.

Now, here's the interesting part: coworking spaces, where remote workers, freelancers, and others work together but independently, can really tackle this loneliness issue.

Here are some really interesting global findings on co-working:

87% of folks meet other members for social reasons, with over half of them socializing after work or on weekends.
A whopping 79% expanded their social networks.
83% felt less lonely since joining a coworking space.
And a whopping 89% were happier too.

The ...
... research initially aimed to understand how coworking helps with professional networking, and it turns out, it's pretty awesome in that department too:

82% expanded their professional networks.
80% turned to fellow coworkers for help and guidance.
64% found it a great source of work referrals.

But wait, there's more!

Coworking also has work-related benefits. Most people (84%) were more engaged and motivated in a coworking space. Plus, they could concentrate better due to fewer distractions compared to home or cafes.

However, the most valuable aspect of coworking, according to our research, is its social dimension. When asked to describe coworking in three words, the top ones were: community, fun, and social.

Other studies back this up. Research from the University of Michigan shows that coworking members feel more "thriving" than traditional employees, thanks to the community aspect. Another study found that the main reason people choose coworking spaces is for the social interaction.

And here's the big picture!

Remote work is on the rise, and people are feeling lonelier as they work alone for longer stretches. But there's good news. Gallup reports that more Americans are working remotely, and independent workers are also growing in number. So, companies and independent workers, listen up:

Coworking spaces offer a solution to loneliness, provide excellent infrastructure, networking, and exposure to innovation.
Companies benefit from happier, more engaged, and productive employees.
Independent workers, though paying for memberships themselves, find it worth every penny.

In Summary

So, if you're considering coworking, it's a smart move. Prices vary but generally range from $45 to $1,000 per month. Research shows that people are highly satisfied, and 94% think they're getting a fair deal. Almost everyone plans to stick with coworking for the upcoming years.

The coworking industry is booming, and it's not just about workspace; it's about happiness. By fostering a sense of community and reducing isolation, coworking boosts engagement, productivity, and worker contentment.

Explore how your workplace impacts mental well-being—rate it now on IMPAAKT.