The temporary office space sector has been around for decades but is getting new wings under the current coronavirus pandemic. We’ve been taking a look in our past newsletters at the various ways in which businesses and employees have adapted to the pandemic, mostly through remote work from home. But sometimes, Zoom meetings just don’t cut it.
Some companies are now using mixed workweeks, where employees alternate working from home and going into the office, in order to better fulfill work requirements. Other companies have concluded they don’t need full-time, full-capacity office space or cannot afford it. They also realize that remote work isn’t checking all the boxes for employees either. A recent survey reported 44% of employees say they miss “human interactions” with co-workers.
On-demand office space has now emerged on the scene as a potential bridge between the worlds of work we now live in. One office space provider, Breather, recently announced their new Passport program, a monthly membership that provides companies with on-demand access to office space across 10 major markets in the U.S., Canada and the United Kingdom. For a starting price of $225 per day, a company can choose how many day passes it wants per month and get a fully-equipped office suite that can accommodate up to 50 people, with Wi-Fi and whiteboards, included.
“Spending on an office accounts for one of the largest business expenses, and with an increased shift to remote work, we created Passport as an affordable option that maintains collaboration, culture and business continuity for clients,” said Bryan Murphy, CEO of Breather.
As the saying goes, “What’s old is new again.”
See you on the trail,
Lisa
LMA Newsletter of 10-26-20
