People who work in so-called coworking spaces claim they are more motivated and have more positive interactions with others, according to a new report. The report by Staples Solutions, called Collaboration Generation: The Rise of Millennials in the Workplace, details the trend in collaborative working, in addition to what attracts the millennial generation to business. Since 2010, co-working spaces worldwide have increased by 5,519 percent as the average office space per employee has decreased by 2.9 percent, the research reveals, with London seeing a reduction in traditional office space by 8.8 percent.

People who have gone from working in a traditional office to a co-working space have reported several benefits, including 86 percent saying they are more productive, 59 percent finding the space to be more organised, and 42 percent even reporting an increase in income.

The report sheds a light on the benefits of having an office that is geared towards collaboration, with 57 percent of those who use them working more frequently in teams. This is of particular relevance to the younger generation, who are looking for spaces conducive to communication. In fact, 7 in 10 millennials list the quality of workplace as a key factor when looking for a job and 69 percent would trade other benefits for a better workplace.


Extract Courtesy Workplace Insight Full Story here