There has been some confusion between hotdesking and co-working spaces. They’re two fairly new concepts in office spaces that have gained prominence over the past few years. In this article, we differentiate the two very interesting new concepts in the corporate world.
This approach to office functionality basically ensures that companies use space, equipment, and electricity efficiently through a desk rotating system. Employees wouldn’t have a permanent desk in a hotdesk office space. Instead, workstations are divided into job function. For example, IT personnel would share the same workstations while graphic designers would use a different more specialised workstation. This system is specifically designed for companies that work with employees with different shifts. This system is also beneficial for companies that have a lot of remote workers. A coordinator or desk rotating software will schedule these employees based on their working hours.
Commercial space in metropolitan cities cost a lot of money. Add to that electricity, maintenance, and so on. This type of office system has proven to be very beneficial for companies who want to cut down costs without having to cut jobs. Companies who use this system guarantee that this system has saved them as much as 30% of office expenses.
Co-working spaces are those often found in serviced offices. Rather than a single company occupying it, co-working spaces in Singapore are comprised of different working individuals. This system is perfect for those looking for a space with fast internet where they can work. There are a lot of co-working spaces in the country. If you plan on starting a company, co-working spaces make for excellent starting ground. Not only will you be able to save a lot on costs but you will also have a fully functional office at your disposal.
Most importantly, you will also be exposed to a lot of different industries. In Singapore, co-working spaces are ideal for networking. There are a lot of companies that are using it as their regional representative office. Co-working spaces often have mixers where individuals and teams can meet each other over some cocktails and hors d’oeuvres. It is the perfect way to get to know one another in the office space. Similar to hotdesking, co-working spaces try to discourage having your own desk too. These offices come with all the amenities of a fully functional office but with a fraction of the cost.
Perhaps the biggest similarity of the two is that both of these office systems function to curb exorbitant rental fees. With rental fees constantly on the rise, companies are now using it as an opportunity to innovate their office’s functionality.
Do you prefer a particular system? Or do you still prefer traditional office spaces? There are definitely pros and cons to be found on each system. If you have any experiences with these types of office spaces make sure to share it with us in the comments section below.