Top 4 Reasons Why Are Most Companies Opting for Hybrid Office Space?

Why Are Most Companies Opting for Hybrid Office Spaces?

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For many people, the acceptance of remote working as a proposition has been the silver lining of the pandemic. Working from their home is beneficial for people who don’t want to commute over long distances or those who have dependents at home. That said, it does have its challenges.

At times, the blurred lines between work and family time may be frustrating. Managers may also find it difficult to keep track of projects that require a collaborative effort. The solution – a hybrid office space. According to a report, 70% of organizations are considering a hybrid office model as the world moves on from the pandemic.

What Is A Hybrid Working Office Space?

A hybrid office space marries the benefits of remote working with colleagues out of a dedicated office space. In this model, some employees work from the office and others work remotely. Those who work remotely may be required to come to the office as and when required. The hybrid workspace for remote workers may be their home, a public space or a coworking space.

Top 4 Benefits of Using Hybrid Workplace in India

A hybrid workplace is beneficial for employers and employees. Let’s take a look at a few reasons why companies like Google, Amazon and Wipro are already embracing the hybrid work model.

  1. Improved Productivity
  2. Strengthening The Company Bond With Employees
  3. Sustained Company And Employee Growth
  4. Lower Office Operational Costs

Hybrid Office Space

1. Improved Productivity

The trouble with working from home is that distractions never end. There’s someone ringing the doorbell, the maid wanting to know what’s to be made for lunch, children who need help and so on.

Sometimes, it becomes difficult to focus on a task. A project that would have been completed in a day goes on for 3 days. At the same time, in the traditional office space, unnecessary meetings often eat up a lot of time and cut into your productivity.

Moving out from the home space to a coworking space creates a distinction between home and office life. It lets people focus better on what needs to be done for the day. When needed, they can go into the office and attend critical meetings or work on collaborative projects – which enhances productivity.

2. Strengthening The Company Bond With Employees

It may seem contradictory given that not everyone will be in the office at the same time but a hybrid model can work in favor of building a loyal team. Permitting people to work remotely and come into the office only when needed is a way of showing concern for employee needs. Choosing coworking spaces closer to employee residences or Neighborhood Coworking means they need to commute shorter distances on a daily basis.

At the same time, they can schedule face-to-face interactions with managers and other people on the team whenever required. Employees feel prioritized and build a stronger connection to the company. They’re less likely to think about switching jobs when they have the flexibility to work in a way that suits them.

A lower employee attrition rate projects a stronger brand value which in turn, attracts more talent to strengthen the team.

3. Sustained Company And Employee Growth

As mentioned above, prioritizing employee needs builds a good reputation in recruitment circles and helps attract talent. As you bring on people with specialized skill sets to your team, the team becomes more efficient and productivity climbs.

Looking at the situation from an employee’s point of view, hybrid workspaces overcome the isolated feeling associated with fully remote working while maintaining flexibility. There are sufficient opportunities for face-to-face interactions with leaders and bosses and learning from peers. This keeps their career growth on track.

4. Lower Office Operational Costs

Office space rental is often among the top three slice of a company’s monthly operational costs. When you choose a hybrid office model, the office size required drops considerably. As the size reduces so does the rental cost and other operational costs like the cost of air conditioning, housekeeping, etc.  Even taking into account the additional expense of renting desks at a coworking unit, the monthly outgoing is 18-20% lower than what they would have been with a traditional office model.

This has two implications. Firstly, the company’s operational costs are lowered. This can either be absorbed into the profits or shared with employees. There’s no need for salary rationalisation, especially in the current scenario. This keeps everyone in the teams happy and builds a positive workforce.

Choosing a Hybrid Workplace for Your Company

Existing offices spaces can be easily converted to hybrid office spaces by adding the required audio-visual equipment for virtual meetings. But, this may not be the best use of your space. While maintaining social distancing is important, since many employees will be working remotely for a majority of the week, your floor space may be left empty. It makes more sense to shift to a smaller office and lease space in coworking office.

The best hybrid office spaces in Delhi NCR have satellite units in coworking spaces across the city. Remote workers can work at these coworking spaces and visit the office when needed.

The ideal coworking space is one that is well connected, well equipped with all the infrastructure your team would require, for example, printers, scanners, meeting & conference room facility etc. and located in a safe area. You may also want to look into the possibility of getting a private space on the coworking floor.

The Office Pass (TOP) has ready-to-use coworking spaces in Delhi, Noida and Gurgaon. They’re ideal for the hybrid office experience. To know more, reach out to us at 89998 28282.

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The Office Pass, Coworking space, Cyber City, Gurgaon

What Are Virtual Coworking Spaces And Communities?

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Remote working has many advantages but it can get frustrating too. One of the drawbacks of working from home is that you may feel isolated. You get your tasks done but who do you discuss them with?

We’re social creatures by nature and living without social interaction can ultimately affect productivity. It’s one of the reasons why coworking spaces evolved in the first place. The pandemic and limited mobility have taken this a step further with virtual coworking spaces.

What Are Virtual Coworking Spaces?

A virtual coworking space is simply a virtual setup that people can log in to from anywhere to feel like they’re part of a group. It’s not a new concept- virtual offices have been around for quite a while but it is only recently that they have gained popularity.

Virtual offices can be customized to simulate the floor of a physical coworking space. When a person signs in, they’re allotted a virtual seat on the virtual floorplan. The setting also includes virtual meeting rooms, water coolers, etc where you can interact with others. The spaces may even simulate sounds like knocking on a door!

This Raises The Question – How Do You Compare, Virtual Office Vs Coworking Space

There are many similarities between a virtual and a physical coworking space. For businessmen working from home, digital nomads and people who travel often, both offer a physical office address to receive mail, a reception and other features like call answering.

They also build communities. When you’re working in a coworking space virtual office, you know that you’re working alongside people from other companies who have varied skills. Connecting with them is easy. Let’s say you’re reworking your company website. You may find a content writer in the same virtual space. A quick hello and an introduction later, you may have the answer to your needs.

That said, building a community in a physical coworking office is definitely easier. There are many more opportunities to meet and interact with other people. Many coworking spaces also organize after-work events and workshops for people to network. Adapting these events to a virtual version isn’t easy.

Then, let’s take a look at the cost factor. When coworking spaces emerged, they were preferred over independent office spaces because they offer saving of 18-20% on office operating expenses. When you rent a seat at a coworking space, the operational costs of keeping it clean, running the air conditioning, making sure the printer has ink, etc. are things you don’t have to worry about – as all this gets managed by coworking operator.

It is a much more cost-effective solution. The cost to rent a virtual coworking space is even lower making it more cost-effective.

4 Benefits Of Using A Virtual Coworking Space

A virtual coworking space offers the benefits of remote work as well as working. They come with a variety of benefits. These include:

  1. Add A Social Element To Your Daily Schedule
  2. Global Networking
  3. Answerability Boost Productivity
  4. The Future of Coworking And Virtual Coworking

Plug and Play Office Spaces

1. Add A Social Element To Your Daily Schedule

One of the biggest advantages of a virtual coworking space is that though you may be working from home on your own, you still feel like you’re around people. It creates a sense of belonging to a community. It replicates the office experience.

From brainstorming to random banter, logging in to a virtual space pushes you to participate in community activities. You know that there are other people just a click away. This is also beneficial for collaborative projects.

2. Global Networking

Remote working could make introverted people hide away in their shells. Logging into a virtual coworking space gives you the opportunity to network with people without going out of your comfort zone. Easy networking was anyways one of the advantages of working out of coworking spaces. Virtual coworking takes networking opportunities a step further by empowering you to interact with people from across the world.

3. Answerability Boost Productivity

Virtual offices can be very productive and efficient. It starts with a morning check-in with everyone that can set the tone for a positive day. Virtual offices also make it easy to share the progress of work being done and bring in peer accountability.

Managers too can use this to keep track of their teams and the work being done. Sharing a virtual space with others can also make you more accountable to yourself. You’re not working alone by yourself anymore. You know you’re answerable so, you’re less inclined to procrastinate and get distracted.

4. The Future of Coworking And Virtual Coworking

With the cost-effectiveness, flexibility and other benefits offered by virtual coworking spaces, it’s safe to say that the concept is here to stay. It brings out the best of remote working and an office space.

As coworking spaces evolve, a growing number are likely to include a virtual coworking option in their membership plans. Imagine virtual floor plans where you can map out your coworker’s positions, avatars for all the people who work there, check-in sessions, simulated meeting room experiences and more.

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Haryana Job Reservation Bill 2020: Many IT Firms Shifting to Noida from Gurugram

5 Reasons Why Should You Choose A Coworking Office In Noida As A Start-Up Owner

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Delhi isn’t just the capital of our country, it is also a hub for entrepreneurs with exciting ideas for the future. Every day hundreds of companies are registered in Delhi. But, not all of them have the resources required to set up independent offices. Instead, it is more cost-effective and efficient to work out of coworking spaces.

Even though working out of a coworking space costs less than setting up an independent office, the cost isn’t so small that it doesn’t matter. This is probably one of the reasons why many companies are choosing to lease a coworking space in Noida.

Let’s look at some of the other reasons why you should choose a coworking office space in Noida as a start-up owner.

5 Reasons why you should choose a coworking office space in Noida as a start-up owner

  1. Noida Is Well Connected
  2. There’s Plenty Of Talent Waiting To Be Discovered
  3. Social Infrastructure Is Well Developed
  4. A Supportive Community
  5. Lower Cost Of Living Makes It An Attractive Residential Area Too

5 Best Locations for a Coworking Space in Noida

1. Noida Is Well Connected

Noida may seem outside Delhi but it is very well connected by an excellent road and metro network. Traveling between sectors to a co-working office space in Noida is easy – you can drive your own vehicle or use public transport.

If your employees are living a little further away in Greater Noida or Delhi, they can use the blue line of the metro system to travel between their home and the office. The line runs from the Noida Electronic Center to Yamuna Bank and Vaishali.

The metro system has 11 stations in Noida. Last-mile connectivity too is well developed in the city. You’ll find a number of auto-rickshaws and cycle rickshaws outside every metro station.

2. There’s Plenty Of Talent Waiting To Be Discovered

Noida is an educational hub. From the privately run institutions likes the Amity University and the Jaypee institutes to government institutions, there are many institutions of higher education located here. What this means is that there are hundreds and thousands of fresh graduates every year looking for career opportunities.

Most entrepreneurs rely heavily on interns. Choosing a coworking office space in Noida puts your brand within reach of all these interns and fresh graduates. As a startup with a base in Noida, you will also be able to attract students working on graduation projects.

3. Social Infrastructure Is Well Developed

As a young team, not too many of your employees will be able to bring packed lunches with them. Instead, they will probably rely on ordering their lunches and snacks. Keep this in mind when you choose an office space for rent in Noida.

There are a number of restaurants and small cafes in almost every sector of Noida. So, you’re never too far from an exciting lunch. The cosmopolitan nature of this city also gives you plenty of options in terms of cuisines.

Talking of social infrastructure, Noida also has many venues where you can meet your co-workers after hours. Having a space to interact with everyone else socially is important for building and strengthening your company culture.

4. A Supportive Community

One of the coworking advantages in Noida is the networking opportunities. Noida attracts all types of industries – IT and technology, sales and marketing, design, product development, etc. the community is a very supportive one and always open to opportunities for collaboration. When you work out a coworking space, you don’t have to step out of the office or set up meetings to meet potential collaborators.

You might just have the person you’re looking for working at the table next to you. For example, if you’re looking for someone to handle your social media accounts, you may find an agency doing just that on the same floor.

5. Lower Cost Of Living Makes It An Attractive Residential Area Too

Noida has a much lower cost of living as compared to Delhi. Thus, many people choose to stay in Noida even if they’re working in Delhi. The whole idea of moving from centralized office space to coworking units is to bring your offices closer to the employees. Thus, Noida is often the best option.

As an employer, coworking in Noida means lower rents and for your employees, it offers an opportunity to have a better standard of living.

Summing It Up

Given all the coworking office space benefits in Noida, this is a great place for entrepreneurs and start-ups. A Co-working space allows startups to rent out a desk as well as a private space for anywhere between a few hours to a few months.

Of course, rentals usually are higher when paid by the hour or day and more cost-effective for a longer period. If you lease a private space on the coworking floor, you may even have the option of customizing the décor and making the space reflect your brand.

The Office Pass (TOP) has a warm, ready-to-use coworking space in Noida. Located just a short walk from the sector 16 metro station, the space is equipped with all the infrastructure and facilities you may require. To know more, connect with us at +91 8999 82 82 82.

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Why South Delhi Is The Most Preferred Location For Coworking Spaces?

There are over 20,000 companies registered in New Delhi. Some are known corporate brands while others are smaller start-ups. In addition to this number, there are numerous freelancers and consultants in the area as well.

Rather than set up independent offices where the companies need to undertake all the responsibilities of operating and maintaining the space, many people are choosing to work out of a coworking space in Delhi.

As we all know, there are many benefits to renting coworking spaces. The operational costs are lower, it’s more convenient for employees, the leases are shorter and more flexible and so on.

Within the NCR, a co-working office in South Delhi is often the most preferred. Let’s look at a few reasons why this area is favored over other parts of Delhi.

6 Reasons Why South Delhi Is The Most Preferred Location For Coworking Spaces?

  1. Better Connectivity
  2. Excellent Metro Connectivity
  3. Safer Neighborhood
  4. Vibrant Social Life Options
  5. Premier Educational Institutions
  6. A Growing Residential Hub

6 Things should keep in mind while choosing Coworking Space in South Delhi

1. Better Connectivity

South Delhi is very well connected to other parts of the city. The city’s arterial roads; the Inner Ring Road and Outer Ring Road pass through South Delhi. Many other important roads such as the Mehrauli-Gurgaon Road, Aurobindo Marg, Mehrauli-Badarpur Road, August Kranti Marg and Press Enclave Road also fall in this district.

So, when it comes to choosing office space in Delhi, this is an area that is easily accessible not only by people living in the immediate vicinity but also by those around Hauz Khas, Saket, and Mehrauli.

2. Excellent Metro Connectivity

South Delhi is connected not just by roads but also by the city’s metro network. Saket and Hauz Khas are both served by the Yellow Line. This runs from the HUDA City center at one end to Rohini and Badli at the other end.

Delhi’s central hubs like the INA market, Jor Bagh, Rajiv Chowk, Kashmiri Gate, etc. all have a direct connection to South Delhi via this metro line. Planned metro lines in Phase 4 will further improve South Delhi’s connectivity.

3. Safer Neighborhood

Though it is an excellent base for growing companies, Delhi is notorious for a number of reasons. As a company, you need to be concerned not only about the safety of your office premises and infrastructure but also the personal safety of your employees, especially those who work late into the evenings.

As compared to other parts of Delhi, South Delhi is relatively safer. Thus, people are more comfortable taking up co-working space in this area.

Of course, when you choose a co-working space, you must look into the safety protocols of the space itself – ideally, the space must have a well-lit approach and should maintain a record of the people entering and leaving the space.

4. Vibrant Social Life Options

When you’re looking at space for coworking in Delhi, it’s not just working hours to be considered but also the general vibe of the area and social infrastructure available. Employees must have opportunities to mingle post work. This is what knits people together and strengthens company culture.

South Delhi has plenty of restaurants, cafes and other such social spaces. So, after a long day at work, people still have places they can gather close by. The area also has several parks and a lush green belt.

Having restaurants and cafes nearby is important for another reason. Though a co-working space may have a kitchenette, not everyone carries their lunch from home. For people dependent on ordering their lunches and snacks, having sufficient choices nearby is a basic requirement.

5. Premier Educational Institutions

Today, student interns and young graduates are important assets for many companies. Hence, it is beneficial for working spaces to be established near educational institutions. South Delhi is home to many such premier educational institutions.

The All India Institute of Medical Sciences, Indian Institute of Technology Delhi and National Institute of Fashion Technology are in Hauz Khas. Further, the Central University Jamia Millia Islamia and the Indian Institute of Foreign Trade are also located here.

Most students stay in the area around their colleges. Hence, companies that set up units for coworking in South Delhi are within reach of students at the beginning of their careers.

6. A Growing Residential Hub

Apart from interns and entry-level employees, companies also need senior management and mid-level employees. South Delhi is an affluent residential neighborhood. In short, the employees of companies that have a coworking space in the area, will not have to commute far. Companies with offices in the area may also find its accessibility beneficial when it comes to hiring new talent.

Finding The Right Co-Working Space For Your Company

From IT companies like CISCO to international logistics providers like MAERSK and multinationals like Ssangyon Corp Ltd, South Delhi has proved that it is the place to be for established as well as growing businesses. If you choose to operate from a co-working space, you will find plenty of options in South Delhi.

Rather than focus on the desk rental rates, take a look at the facilities and overall infrastructure of the place before signing a lease. You want a space that fits your brand ethos and that your employees will find comfortable.

If you have a group of people who will be working out of this space, you may find it better to rent a private space from co-working space providers like The Office Pass (TOP) rather than individual desks. These spaces can be custom decorated to reflect your brand vision. For more information, reach out to us at +91 8999 82 82 82.

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