As coworking spaces continue to grow in popularity, people from all generations are finding their way into these office alternatives and using them for a variety of reasons. And with Generation Z beginning to make an impression in the market, let’s look at how all working generations are using coworking spaces to be productive with work.
Baby boomers are people born between 1946 and 1964 and make up 6% of the workforce. While some of today’s baby boomers continue to hold management-level positions in their current jobs, others are often self-employed or have started post-retirement businesses. These people benefit from the consistency, flexibility and affordability provided by coworking spaces. Baby boomers can access needed amenities, such as high-speed internet and conference rooms, while having others around them to help them navigate newer technology.
Generation X are people born between 1965 and 1980 and make up 35% of the workforce. Often called the latch key generation, these workers were taught independence and self-sufficiency since childhood. Generation X workers seek coworking spaces that provide autonomy from the home or office with the option for networking, socializing and collaboration.
Millennials are the generation born between 1981 and 1996 and make up 35% of the workforce. They are often tech-savvy and want a coworking space that’s flexible and affordable. Millennials appreciate amenities, look for spaces that inspire them or that have goals aligned with their purpose, and enjoy the opportunity to network with other professionals and collaborate on projects.
Generation Z is the generation born between 1997 and 2012 and make up 26% of the workforce. These workers are the workforce’s digital natives and want workspace that is both collaborative, modern, and stimulating. Generation Z prefers flexibility and the casual atmosphere of coworking spaces. And because Gen Z is very social, coworking spaces provide them opportunities to meet new people and network.
Coworking spaces offer a variety of benefits for people of all generations. They are a flexible, affordable, and productive alternative to home offices. Best of all, each generation can take advantage of the experience each brings when networking or collaborating.
Here are some additional benefits of using a coworking space that’s meaningful for any generation:
• Increased productivity. People who use coworking spaces are more productive than those who work from home or in coffee shops. This is because coworking spaces are designed for professional workflow and are free from unnecessary distractions.
• Better networking. You’ll find people from across multiple industries at a coworking space. This can lead to new opportunities, collaborations, referral partnerships and becoming friends.
• Low Stress. It can be isolating working alone from home. It can also be distracting if you have children at home during the day. Coworking spaces offer an easy way to get out of the house and into an environment where you can focus and be surrounded by others like you.
• Affordable. Coworking spaces are designed to be cost-effective and flexible workspaces. Memberships often come tiered allowing each person to choose an option that best fits their need.