Latest Flex Office Market Insights: Australian Flexible Office Space Report - January 2024

Why Serviced Offices are Perfect for the Hybrid Workplace

Why Serviced Offices are Perfect for the Hybrid Workplace

The flexibility offered by serviced offices frees up valuable time and resources companies may not have known were available to them.

After a year of the largest remote work experiment in the world, there’s a general consensus that the future of work is going to be different. While there may still be a difference of opinion between executives and their staff regarding what the workplace will look like, there’s no doubt it will be a more hybrid model; a workplace that blends home and office locations to give employees the freedom to choose where they work.

According to The Work Survey, conducted by ServiceNow and Wakefield Research, 93% of executives and 83% of employees were concerned about how remote work will impact the business moving forward. There are real concerns and incentives on both sides to give it a real go. When viewed from a financial perspective, remote work saves on the bottom line. In fact, large businesses can save up to £7,900 per employee per year by switching to remote work.

With such huge savings, remote employment should be a no-brainer for many businesses. However, working from home has its disadvantages too, such as managing staff performance, or being less aware of the stress and anxiety workmates might be experiencing. A difficult client call, feelings of isolation, burnout, and decreased morale can become more prevalent when there’s no coworker nearby to talk to.

To tackle these challenges head-on, more and more businesses are looking to a hybrid workplace that provides flexibility for employees to work from the office in combination with remote work. What is the best-combined strategy? It is as simple as meeting in the middle. Whether it’s an online marketplace like Rubberdesk or a traditional broker, there are plenty of options available to businesses of all sizes to make the most of serviced offices and give their employees flexibility, based on what works best for them.

Photo: The Commons Crown Street Sydney

1. Save on capital

The guarantees required by leasing an office space lock up your capital. With so much uncertainty in the market, you can easily be stuck, literally and figuratively, in a space that no longer suits your current needs. With a serviced office, you only pay a small monthly deposit upfront for the space you rent, typically one month rather than a 3 to 6-month deposit required for a traditional office lease. And with a market in turmoil, there are plenty of deals across the UK and Ireland to be had for businesses with 2 to 100 staff.

2. A vast array of choices

One of the greatest benefits of utilizing serviced offices and coworking spaces is the choice factor. Whatever the need may be, a serviced office provider can meet it with many available customizations:

  • Budget vs. premium. A Flexible Workspace Specialist will work with you to determine your preferred theme or decor. Is it time to dress to impress, or is a lower-budget option suitable?
  • External vs. internal. Dreaming of an office filled with natural light? Choose an external office that comes with just that. Or if you're not too fussed with having a window in your office, choose from a well-lit internal office that still benefits from plenty of light.
  • Coworking desks in shared office vs. private office. Whether you want to work amongst the buzz of like-minded people in a coworking space, in the privacy of your own office suite, or in a casual meeting room you can drop into, explore your flexible office solutions today.‌

3. Pay as you go for what you need

Only need meeting rooms once a week? Then pay for them only when you need them, unlike a lease where you are always paying for unused space and features that you never use. ‌ Have a team of 10 today but aim to be 20 next year? Need more space for team members who decide to return to the office full-time? Then rent an office for 10 and then add more space when you need to — the office should be as flexible as you are and allow you to expand your business as needed.

Photo: Work Club Global 1 Locomotive Street Everleigh

4. Clear and transparent all-inclusive costs

When you own a building or lease a space, things like maintenance and repairs are your responsibility. Taking a coworking desk or office in a serviced space means you'll be free from any of these worries. Absolutely everything is taken care of; all you have to do is focus on what you do best. Get the modern, professional frontage you want without the hassle of managing a tenancy yourself.

There is no trickery or legal protection of technical terms that could mean multiple things if challenged. Most rental agreements are no longer than three pages in length and clear to understand. There aren't any additional service fees taken out by the provider. Knowing everything upfront strengthens the trust and security companies' experience in shopping through the serviced office marketplace.

5. Fully-managed health and safety

In having a trusted community manager onsite, health and safety concerns no longer need to fall on your shoulders. Your rental agreement includes the assurance that the office will be clean and safe for your staff. Shared office providers list their spaces for rent with predetermined health and safety standards. Particularly in returning to not only the physical office but also being back in close physical contact with coworkers after a pandemic, sanitation and cleanliness remain a top priority.

Local market experts with you every step of the way.

As specialist brokers in the flexible office market, Rubberdesk is across all the options, offers and availability. We have real time pricing for thousands of spaces listed by hundreds of providers to help find your next office.

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Australian Coworking & Serviced Office Operators

@Workspaces 11th Space 74 Castlereagh A23 Coworking Access Business Centres Aeona AI Digital Hub AIM Business Centres Anytime Offices Aspiring Properties B2B HQ Ballarat Business Centre Bluedog Business Centre Brisbane Business Centre BTP Workspaces Business Hub Business Station Bustle Studios Christie Spaces Cicada Innovations cirque by Centuria Clarence Professional Group Co-Work Orange CobbleWorks CoHouse Studios Colab Spaces Australia Collective_100 Compass Offices Connect Offices CoTen Cove Workspace CoWork-Me Coworking Hub Coywolf Coworking CreativeCubes.Co Croydon Coworking Space Desk & Studio Desk Space DeskPlex Dexus Place Edge Offices Emerge Coworking Essential Offices Exchange Workspaces Richmond Figari Fishburners Fleks Workspaces Flex by Abacus Flexi Business Spaces GPT Space&Co Hexa Space Hills HQ Homebase Serviced Offices Hub Australia Ideal Offices Ideal Space INCO Serviced Offices Inspire9 Integrity Business Centre JAGA Workspaces JustCo Global Keep Co Workspace Kentlen Executive Centre Kingsmede Launch-Code LaunchPad Liberty Flexible Workspace Little City Coworking Mache Space McGrath Executive Suites Melbourne Connect Co-Working Miller Workspace Mint Business Centre Mobo Cowork Motive Coworking Nauti Studios Nexus Business Centre Nexus Smart Hub officenexus Offices First Opus Workspaces Paddock Parliament Coworking Pipeline Private Workplaces Platypus Coworking Plus U Work Collective Regal Professional Centre Regus Riva Offices River City Labs Salt Space Servcorp SOI Chatswood SOS Enterprises Spacecubed Spaceii Spaces Sphere Serviced Offices Spot Coworking Stone & Chalk Studio 42 Workspaces Subiaco Business Centre Sublease Tank Stream Labs Tech Central Sydney The Aspire Centre The Circle The Cluster The Commons The Executive Centre The Foundry Cowork The Great Room The Hive The Innovation Factory The Loft The Office Space The Quantum Terminal The Work Pod The Work Project The Workery Thrive Coworking Thrive Spot United Co. Urban Collective Urban CoWork Vantage Offices Waterman WeWork Wilkin Group Work Club Global Work Collective Work Tank Workbee Workcave WorkLife Worksocial workspace365 WOTSO Y.hub Coworking YBF Ventures

Frequently Asked Questions

What are the benefits of Flexible Office Space?

On day one, you can walk into your serviced office space with everything ready to go. Your agreement will have determined an opening day, and your space is guaranteed to be fully operational on this day. This is another perk that frees up time for office managers or facility coordinators. No one from the company is responsible for preparing the space or setting everything up.

Are Serviced Offices Safe during a Pandemic?

The safety of this setup is a concern for members and interested prospects alike — and rightly so. All the big operators have taken significant steps to decrease risk. The New York-based behemoth WeWork, for example, has taken the following measures include: increased sanitization, personal protective equipment, single-use products, staggered seating and socially distanced layouts, improved air quality, direction and approval from experts, and behavioral signage With these measures and more in place, serviced offices have never been safer, and some of the changes might be here to stay. Look into the spaces near you to find out exactly how they’re putting safety first during this unprecedented time.

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