Attracting Millennial Employees: Is a Coworking Space Right for Your Company?
Millennials have turned the traditional office structure on its head. Members of this tech-savvy generation by and large reject rigid workplace hierarchies and want to work with a company, not for it. They appreciate autonomy at work, collaboration, and the free exchange of information and ideas. This makes coworking spaces very attractive to many millennials.
And since millennials will make up 75% of the workforce by 2030, it only makes sense to create attractive workspaces for this soon-to-dominate group.
The Rise of Coworking Spaces
Open office layouts have been popular for decades—these millennial-friendly spaces encourage spontaneous run-ins and collaboration. Coworking spaces are similar but are designed to allow employees from multiple businesses to work side by side. Many coworking spaces are like gyms in that members pay a monthly membership fee for regular access to the building.
Coworking spaces are gaining in popularity, and for good reason. A study by Gensler found that access to coworking is associated with better employee experience and greater effectiveness at work.
Employers like the lower overhead costs and fewer responsibilities of renting a workspace. Workers enjoy the energy of these spaces and the networking opportunities and crossover of ideas shared spaces provide. Coworking spaces have mostly attracted tech startups and entrepreneurs, but they hold promise for other industries as well.
Tips for Creating a Coworking Space That Attracts Millennials
Coworking spaces are popping up all over the country, but if you’re not near a major city, finding a shared space can be a challenge. In this case you might consider starting your own. Here are some tips for creating an attractive coworking space.
Make sure there’s demand for the space.
The idea of coworking spaces is still new for many people. If you have an established company, make sure there’s buy-in from your employees. If you’re a startup, you might need to host a few events to generate interest and excitement.
Choose your location wisely.
You want your space to be conveniently located in a safe area with parking. The beauty of coworking spaces is they work well in all kinds of buildings, from underutilized offices to vacant buildings to old banks and factories. If you’re outside a city center, you might be able to find a landlord or property manager willing to offer you an inexpensive lease or month-to-month arrangement. This will allow you to test out the concept and see if it works for your business.
Thoughtfully plan layout and furnishings.
Gensler’s study found that employees who had access to a variety of different types of spaces and who had a choice in where to work reported having better workplace experiences.
Workers need spaces to focus, collaborate, learn, and socialize. Use this as a guide to map out the layout and design of your coworking habitat. Here are some popular features in shared working spaces:
- Communal seating
- Modular interior walls
- Mobile and stackable furniture (e.g., mobile pods and tables on wheels)
- Greenery-covered walls and other natural features
- Tech-enabled spaces
- Beverage bars and comfortable lounges
If the space is small, an open floor plan can help you maximize space. If you have plenty of room to spread out, experiment with different layouts.
To keep the space flexible, choose movable glass walls and partitions, which you can reconfigure as your needs change. Keep in mind that everyone has different temperaments for noise and distractions—office dividers can help you create private areas where employees can retreat for quiet time.
Invest in connectivity.
It’s not enough to have high-speed Internet these days. To create an in-demand coworking space, create an environment designed for connectivity. Consider adding docking stations, interactive whiteboards, digital wayfinding technology (to help workers find open desk spaces), multimedia displays, virtual or augmented reality tools, and even personalized temperature and lighting controls.
Space Plus: Helping You Build an In-Demand Coworking Space
The modern workplace needs state-of-the-art solutions, and Space Plus, a division of The Sliding Door Company, provides them.
Our office divider walls and sliding doors can help you create dynamic coworking spaces for every need—from conference rooms to sanctuary spaces to “huddle rooms.” Our partitions are sleek and modern, constructed of the highest quality tempered or laminated glass. Our talented team will help you choose from a variety of designs, glass types, and frame finishes to suit your space.