As time goes on, we welcome new generations. Likewise, in 1980 we welcomed a new generation called the millennials or Generation Y. And these very millennials have been the rising workforce at present.
Without it being said we know that generations differ from one another. And this generation gap can be seen in their preferences too. There are differences in behavior, habits, values, likes, dislikes, and whatnot. And when it comes to working, their preferences seem to be nothing like the previous generation. Let’s see why so.
Reasons Millennials Prefer Coworking Spaces
Millennials have grown up in an era when technology was on the rise. They naturally have a curiosity and affinity towards it. Their work ethics also differ greatly, therefore. And in such a way we see coworking spaces getting popular.
More than 65% membership of coworking spaces are preserved by the millennials. The main reason for that seems to be that it helps them maintain a work-life balance. But let’s explore a few more reasons for the same.
- Flexibility
If you live in a city like Bangalore, you know how stressful it can often get just surviving in general. And with how tardy work can get sometimes, people forget that they have a private life too. People are forced, rather, to forget that the night is young because they have work the next day. That’s why any coworking space in Bangalore has become popular among millennials.
Coworking spaces are open 24×7. This allows people to maintain a proper balance between their personal and professional responsibilities. There are no bounds put around them in coworking spaces.
If someone isn’t feeling motivated enough, they can go out to get some fresh air and motivation from random things outside. They can then come back and continue to do their work with their newfound motivation. This way people don’t feel like they are forced to do work.
They can also manage their work to fit with the rest of their schedule with the help of coworking spaces. This way they don’t miss out on anything and their love for their work are also preserved.
- Networking
When you use shared office space in Bangalore you will meet plenty of diverse individuals. There will be different people of different experiences from different places. Especially since Bangalore is such an attractive place for job applicants. There will be freelancers and experienced corporate workers. This means each one of them has something to share and something new to learn. This is a treasure for millennials who are always in to learn something new. Coworking spaces have a friendly environment. So, making professional networks and personal bonds with these diverse individuals come easy.
- Reduced cost
A city like Bangalore is already rather expensive. But the cost of a coworking office space rent in Bangalore is a lot less than the rent of a traditional corporate office. And this makes a huge difference. In coworking spaces, you just rent the things you want for whatever amount of time you may need them. For example, in case of a client meeting, you can book the meeting room for a day and that’s it. That makes coworking spaces rather cost-effective. But the cost of a traditional office that has all these facilities every day even though they are used only occasionally is going to be expensive no matter what.
- Increased productivity
The work environment in coworking spaces is the most suitable for working. Not only do you get the comfort that you need but all the tech and equipment required for your work are also present. There are also like-minded people around you who can help you with any issues without any sense of competition coming in between like in traditional offices. The stressors are also reduced to the maximum. All this contributes to making coworking spaces a highly productive area.
The Takeaway
The millennials have always had a way with their life. Why should they forget to live their life while only worrying about work? That’s why flexible ways of working seem to have become rather popular with this generation that seeks freedom. And coworking spaces provide them just that! Check out Work Avenue for all the freedom and flexibility you are looking for!