1. Workthere Coworking Wellbeing Awards: The Results
In first position we reveal the results from The Workthere Coworking Wellbeing Awards. In June last year we launched a global competition to find flexible workspaces with the best wellbeing offerings. After surveying a number of providers to assess a range of measures from the amount of natural light the space has, to the number of showers per desk and community events offered, we analysed the data and reveal the top 3 winners in the UK and globally.
180 Borough High Street by Fora claimed first place in the UK, which has impressive breakout areas, making up nearly 40% of the space. Olympisch Stadion in Amsterdam by Offices for You came out top globally, and boasts 86 square metres of outdoor space per desk in an Olympic stadium.
Find out which workspaces claimed top spot in other countries around the world here.
2. Top 5 tech trends for the workplace in 2019
In second position was our prediction of the tech trends we were likely to see arrive in offices in 2019. In our research we carried out a survey with 2,000 office workers to get their take on the future of office tech. Connected technology was our first prediction, and over 45% of workers named connected technology as the most useful tech they believe would improve the way they work.
We also anticipated to see the adoption of wireless charging and voice activated tech, which could cut down on time spent completing everyday tasks such as printing and booking meeting rooms in a serviced office.
Find out what other trends we expected to see here.
3. Top 5 ways to keep coworkers happy
Creating a happy working environment is crucial for the productivity and wellbeing of workers. In third place is our five tips for flexible offices to create a happy place to work. Drawing on our What Coworkers Want research we base our tips on the aspects of an office with the biggest satisfaction gaps i.e. the difference between the importance of the office feature minus the level of satisfaction.
Our first tip is to enhance the air quality. 80% of flexible office workers think that air quality is important, but only 52% feel satisfied with it, and regularly checking air vents and replacing air filters can make a big difference. Other tips include reducing the noise levels in the workspace and maintaining an ideal work temperature.
Read all of our tips for keeping coworkers happy here.
4. What do landlords need to consider when thinking about setting up their own flexible office product?
Our blog in fourth position identifies important considerations for traditional landlords to make when contemplating setting up their own flexible office offering. A key consideration is whether the flexible office space works for the location and building, to ensure that there is going to be demand in that location and that demand is at a price point which makes it viable.
Identifying the target market is crucial, deciding what to charge and whether to create a brand for the building are all important factors to consider. Once those factors have been decided, exploring how to market the space is essential as it differs significantly compared to conventional space, with most of the marketing carried out via online channels.
Find out what other factors we recommend landlords to consider here.
5. Coworking: What can Europe learn from the UK?
In fifth position we take a look at the European flexible office market and identify what Europe can learn from the success of the UK, and in particular London. The UK’s capital is home to over 1,200 coworking locations (compared to New York which only has 600), not to mention over 300 different providers that operate ranging from household names such as WeWork and IWC to independent providers.
The two key drivers of growth over the last decade for coworking in the UK have been the increase in the number of businesses being set up without the capital to take on a lease, and the increase in SMEs and global corporates seeing the benefits of space as a flexible office service.
Find out more about what Europe can learn from the UK here.
6. Office space with a signature scent – how are flexible offices using fragrances to make a first impression and boost productivity?
In sixth place we explore the trend of flexible office providers utilizing fragrances to make a positive first impression and as a way to increase productivity. When we think of great office design our first thought is usually the aesthetics of a building, however smell is the strongest of our senses and can be a key influencer in our mood.
So it’s unsurprising that a number of flexible and serviced office providers such as Uncommon, The Ministry, Fora and Convene have created a signature scent as part of their overall brand recognition and to try and boost productivity in the workplace.
Read more about how flexible offices are using fragrances here.
7. Wellness at work – how are flexible offices supporting wellbeing in the workplace?
In seventh place we take a look at the notion of wellness and wellbeing at work and in particular the progression over recent years with landlords and employers alike realizing the substantial benefits of having an office that encourages productivity, motivation and mindfulness.
This incorporates everything from the actual fit out of the office to events and campaigns. One of the biggest differentiating factors between serviced / flexible space and conventional offices is the social interaction. Many flexible office providers having a significant focus on community engagement which has an overall emphasis on wellbeing.
Find out more about how flexible offices are supporting wellbeing in the workplace here.
8. What time and day are UK office workers most productive?
Productivity is key to a successful working day and our blog in eight position reveals the day and time that UK workers are most productive. After surveying 1,500 full-time office workers with the working hours 8am-6pm Monday-Friday, we found that workers feel most productive on a Tuesday between the hours of 10am and 11am.
So, if you’re looking to complete a difficult task that you’ve been putting off, then this might be the best time to do it.
Read more of our research into when office workers are most productive here.
9. Increased UK VC investment generates growth in YOY flexible office take up
In ninth place our research piece highlights the increase in VC investment generating growth in flexible office take up. The FinTech sub-sector has come a long way over the past decade, which in 2010 accounted for just 4% of investment, and in 2019 accounts for 28%. 2019 was a record year both for UK VC investment overall and specifically FinTech, with the former reaching £7.5bn in the first 9 months of the year and the latter reaching £2.1bn.
The areas within FinTech that this money is being poured into varies. The top deals this year have supported firms that offer business loans, digital payment platforms, mobile banking, digital wealth management, international payment platforms and loyalty platforms, to name a few.
Read further into our research on UK VC investment here.
10. Personalizing your co-working space and reflecting brand values: how to do it well
In tenth position we explore the changing way in which we work. The rapid progression of technology and increase in remote and flexible working, the traditional working day and with it the environment in which we work is changing. Our research found that 39% of business owners felt that style and design were the most important factors for them when they were deciding on their own office space, and 82% agreed that a creative working environment was crucial to a successful business.
We take a look at brands that are successfully reflecting a certain brand or company culture, including VICE Toronto’s HQ and Lego Denmark, and how occupiers and providers can work together to personalize their space.
Find out more about personalizing your coworking space here.
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