Work From Home vs Coworking Spaces: Finding the Setup for You

We’ve entered into the era of remote working. According to studies, 16 per cent of companies worldwide are now fully-remote and around 74 per cent of U.S. companies have hybrid working models in place.

For remote workers, working from home (WFH) is no longer a Covid-19 novelty but a daily routine. After the initial joy of working in pyjamas all day, people are beginning to report negative drawbacks of home office, from feeling isolated at home, to a deceased sense of work-life balance.

While working at coffee shops and calling coworkers on Zoom may cure these feelings for a while, the lack of routine and a dedicated workspace could cause these feelings to continue—That’s where coworking spaces could be a better work environment.

In this article, we will discuss the benefits and drawbacks of working from home and coworking spaces. Whether you’re a freelancer, business owner or remote worker, our guide will break down the differences between working from home and coworking spaces and help you find a solution that works for you.

See also: The Advantages Of Coworking Solutions In The Era Of Hybrid Work

What are coworking spaces?

Coworking spaces are more than just a place where you work. While each coworking company is different, the basics include a comfortable workspace, charging outlets and stable internet that can handle video calls and meetings.

Other perks such as community events, coffee machines and in-house baristas, and on-demand meeting room rentals are also offered by most coworking spaces, including The Executive Centre. However, each company and centre differs—whether it’s the service and support available, location, facilities and more.

What are you missing from your work life?

To figure out what exactly you’re looking for in a workspace, ask yourself, “What are you missing from your work life?”

Community

Is it the community aspect that you’re missing? If working at home increases feelings of isolation every day, consider contacting your remote working friends to schedule cafe work days.

If you’re looking for a more regular connection in your day-to-day work life, however, joining a coworking space will help you meet like-minded professionals. Coworking spaces also often host community events where you’ll be able to meet other people and form bonds naturally.

Work From Home vs Coworking Spaces: Finding the Setup for You

Feeling distracted at home? Sick of working on your kitchen table? If you struggle with work-life balance while working at home, or you simply want a break from being home all the time, joining a coworking space could benefit your mental health and help you become more productive at work. In the long term, taking care of your mental health could also prevent burnout from happening.

According to Attest Investigates’ study, below are the top three reasons why people dislike working from home:

• Missing out on chats with colleagues
• Lack of a regular routine
• Being interrupted by someone at the door

By joining a coworking space, the above issues are easily solvable. From finding a community within the coworking community and establishing a stable workspace outside of home, to working in a distraction-free environment where family members won’t suddenly disrupt your workflow.

Coworking vs Home Office: Are the costs worth it?

One of the biggest benefits of working from home? Saving money. Without the cost of commuting every day, office lunches, and monthly office space or workspace rental, working from home is an attractive option for early business owners and young professionals.

However, working from home also lacks community and networking opportunities that could help further your career. You’ll also run into the risk of not having clear boundaries between work and home life, risking poor work-life balance.

To determine what’s the right choice for you, learn about the costs that are required to join a coworking space and the different coworking plans available. Each coworking centre’s cost may differ, depending on the location and services offered. Some companies also offer lowered coworking costs for young professionals.

At The Executive Centre, we offer different Coworking plans such as a monthly Global Pass where you can access all our Coworking Centres around the world, and a City Pass, which provides Members with access to all coworking centres in one city.

Coworking vs Office

We also offer Day Office plans, which allow professionals to try working in their own office ten times a month, or, for the more established worker, a Dedicated Desk where you can set up your own permanent workspace in the centre.

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