Covid-19 and flexibility in the office: 5 good reasons to choose flexible office
The Corona pandemic has turned everyday work upside down. As a result, the home office became mandatory for most of Norway's employees in 2020. Fortunately, we humans are adaptable - but for companies to meet tomorrow's growing need for flexibility in the office, new solutions are needed. Flexible office space is one of them, and these concepts come with more than just financial benefits. Here we go through five good reasons to choose flexible offices, especially in the wake of Covid-19.
1: The company saves money
In addition to salaries, office costs are a considerable expense for companies - especially in the capital. In a report from the commercial real estate player UNION, it can be read that the cost of offices, depending on the standard in the capital's most attractive office areas (Vika, Aker Brygge and Tjuvholmen), averages NOK 97,500 a year per employee. In the rest of the city center, including Bjørvika, this average cost is 73,500. Since the purpose of an office is to offer a workplace for the employees, it goes without saying that an empty office, and especially over a more extended period, becomes a money drain.
In addition to the cost, one must also take into account traditional leases for offices. It has been standard that a company must sign agreements that extend over several years, with hair-raising notice periods. In other words, when something as big as Covid-19 happens, the usual way of renting offices ceases to be realistic. At least for companies that do not have enough capital to cover any losses.
The advantage of an office community based on the flexible office model is that one of the main principles is precisely flexibility. The agreements have shorter time perspectives, and there is everything from larger offices to some work desks. This gives the company more security - and the opportunity to invest in offices earlier in business development without being afraid of potential negative financial consequences. The company can quickly both grow and become smaller on the premises as needed.
2: Attractive location: A new form of sharing economy
It is extremely attractive to have an office in Oslo. It is the city in Norway with the most pressure on commercial real estate, especially in the CBD and the city center in general. When you work centrally, you become a potential employer for more jobseekers, due to public transport. Running a business internationally also makes it easier for customers to visit one. During Covid-19, all this has, of course, been put on the shelf - but that does not make Oslo city center any less popular. Just even more exclusive. If you get the opportunity to get out of a house or apartment to travel in the office, it is significantly easier to get to areas with good public transport coverage.
The challenge is that as prices rise in offices in the city center, a less inclusive workplace environment is being developed. What solo entrepreneurs, start-ups and small businesses can afford to spend hundreds of thousands on premises a year? With flexibility in the office in the form of flexible office space, you create a sharing economy for workplaces. By sharing the most popular premises, more companies can be located in the center of the capital. Lower costs and more flexible contracts are the icings on the cake; even in tough economic times, such as those brought by Covid-19, it becomes more realistic to either maintain or return to an attractive location.
3: Opportunity for quick changes
If there is one thing the pandemic has taught us, it is that everyday life is unpredictable. With a spread of infection comparable to a roller coaster, companies and employees have been forced to accept sudden changes with open arms. Adaptability has become a necessity, and with flexibility in the office as standard, this becomes considerably easier. An office community is designed to adapt to your business, employees, and needs. It is planned that things will change - and they do for today's companies, both with and without the pandemic taken into account.
An office community with flexible solutions creates a potential for change. Whether you are getting bigger, smaller, have to stop entirely or work on a new lift. Instead of making decisions about what the company will look like many years from now, you can get an attractive workplace without the turmoil surrounding the economy in the long run.
4: Safe, and yet social
People do not thrive in isolation. We need contact with others, and for those who thrive in the office, the workplace is an important social hub. Mental health received a massive focus in 2020; in the shadow of Covid-19, services stopped worldwide, and in 2021 the focus is on how to deal with this issue sustainably. In a flexible office space, smaller groups from the company can meet in a safe environment. Because the premises offer flexible workplaces, you can sit down at a sufficient distance and still get social support.
With a bit of coordination on the employer's part, this type of office can thus serve as a well-being initiative. In addition to enabling employees to get out of the home office, which is essential in counteracting a sense of isolation, office communities provide the opportunity to counter loneliness and other mental health challenges.
5: Self-directed variation and workplace for the employees
Flexible office space means new opportunities for how Norwegian companies hire and house staff. One workplace for one company is starting to get old and new. The pandemic has shown us that it is possible to run a company in the future even if the team is in different places. Looking ahead, one can easily imagine companies hiring across the country. The trend is spreading outside the cities and creates a greater balance in infrastructure development in Norway. With this, HR departments can look for resources in a much larger radius than before.
For the employees, flexibility in the office provides a form of self-directed variation. If you have access to an office community, you can choose whether you want to work at home or with others - whether these are from the same or other companies. For many, this freedom will provide increased well-being and a feeling of more freedom of choice in their everyday work, both during and after the pandemic.
Will your company take part in this development? Contact us, and we will help you free of charge! We have a good overview of the providers of flexible office space. Let us know your needs, and we will match you with the best premises for you and guide you at the price level.