Across industries, hundreds of jobs have emerged in recent years to satisfy the needs of a changing and more digital society, largely due to new technology. But that’s not all — new ideas like co-working have also arrived on the scene. Here’s what it’s all about.
“Co-working” is where freelancers, business owners and employees working remotely full- or part-time, SMEs and startups share a physical or virtual space. This successful concept has evolved radically, and people whose job only requires a computer and Internet prefer it to regular office work. According to a study by Statista, more than 23,000 co-working spaces dot the globe, where workers can benefit from:
However, co-working can have some downsides, like little or no privacy to handle sensitive or confidential matters because workers belong to different companies; generally stricter business hours that limit the workday; and the many distractions found in open spaces.
Santander Work Café, our own co-working model
Work Café combines all the services of a bank branch with the amenities of a co-working space. It originated with Santander Chile and expanded quickly to the United States, Brazil, Argentina, Mexico, Spain, Poland, Portugal and the UK.
Types of co-working spaces
Co-working spaces have the same purpose but can differ in many ways. Even though no predefined categories exist, we can still set them apart. General co-working is where workers and businesses in several industries have a set area or station to work. On the other hand, flexible co-working is where members don't have a set workstation and can come and go as they please; it’s usually preferred by workers who need to travel often for meetings and other things.
But those two models involve a specific space, which is not always the case in co-working. “Nomad” co-working spaces are ideal for people who are constantly on the move and work remotely.
And lastly, other types of co-working spaces are intended for specific businesses and activities, like social causes to help communities and the planet; or visual arts, with studio space.