It’s no shocker that businesses are jumping on the remote work and hybrid work bandwagon, realising that flexibility is the new black in the modern workplace. Working remotely can have a positive environmental impact by reducing commuting-related emissions and energy consumption associated with office buildings. This can contribute to a more sustainable and eco-friendly work arrangement. Furthermore, it can save employees money on commuting, work attire, and meals, as well as reduce the cost of office space and utilities for employers. This can result in cost savings for both employees and employers.
As remote work and hybrid work practices become more common in businesses, we’ve gotten a better grasp of how it negatively affects people’s lives and the social implications of working remotely or living as a digital nomad.
Remote workers may experience social isolation, as they may not have the same level of face-to-face interaction with colleagues as those who work in an office. This can lead to feelings of loneliness, decreased motivation, and a lack of opportunities for spontaneous collaboration or networking.
Additionally, remote work can blur the boundaries between work and personal life, as remote workers may find it challenging to establish clear boundaries between their work and non-work activities. This can result in longer working hours, difficulty disconnecting from work, and increased stress or burnout. In some cases, it results in unintentional time theft and poorer work quality due to reduced supervision.
Safe to say, it’s not all rainbows and unicorns, as some may argue.
Conversely, from a neutral standpoint, the benefits of co-living in a hostel or PG such as your-space alleviate a lot of the unwelcome side effects of remote work like diminished camaraderie and networking or social isolation, while retaining and even boosting a lot of the benefits of remote work like the flexibility to work from anywhere and reduced expenditure.
Some specific advantages of co-living that remote workers can enjoy largely through co-living arrangements but not typically when living by themselves include:
One of the most attractive benefits of co-living is that Co-living spaces often foster a strong sense of community, where remote workers can connect with like-minded individuals from diverse backgrounds. This can lead to meaningful friendships, networking opportunities, and social support, which may not be as readily available when living alone. Remote workers can develop close bonds with their co-living community, sharing experiences, supporting each other through challenges at work, and building lasting relationships. These deep connections can enrich their lives and create a sense of belonging, even when living far away from family and friends.
Co-living with people from diverse cultures can offer digital nomads unique cultural experiences that they may not have access to when living alone. This can include trying new cuisines, celebrating festivals, learning about new customs and traditions, and gaining insights into different ways of life. These experiences can broaden the seeker’s horizons and enrich their worldview. For freelancing influencers, artists and other content creators, such exposure can make a world of difference in the quality of their work. This is one of the most understated and unrecognised benefits of co-living.
Remote workers may need to rely heavily on self-motivation and discipline to manage their work tasks and schedule, without the external structure and supervision of a traditional office setting. This can be challenging for some individuals and may require additional effort and self-management skills. Co-living spaces often provide shared workspaces with wifi, which can be conducive to collaboration and increased productivity. Remote workers may additionally miss out on the benefits of in-person collaboration, such as spontaneous brainstorming sessions, impromptu meetings, or informal discussions with colleagues. This can potentially impact creativity, innovation, and teamwork. By extension, remote workers may have limited networking opportunities, as they may not have the same level of exposure to social and professional events or gatherings as those who work in a physical office setting. This can impact their ability to expand their professional network and build relationships. Remote workers can benefit from the opportunity to bounce ideas off fellow co-livers, engage in co-working sessions, and leverage the collective knowledge and skills of the community to enhance their work. This is one of the most prominent benefits of co-living as an ambitious remote worker because in many cases, these interactions are an effective replacement for intellectually stimulating work conversations, and can in some cases be your only incentive to shower- given that you don’t have to dress up to go to the office!
Co-living can be a transformative experience that fosters personal growth and self-discovery. Living in a community with diverse values, interests, and goals can challenge remote workers to step out of their comfort zones, develop new perspectives, and gain a deeper understanding of themselves. This self-awareness can contribute to personal growth and self-improvement. These benefits of co-living help offset the potential lack of in-person interactions that may limit the spontaneous life lessons and opportunities for personal growth that often arise from being in close proximity to others in an office setting.
Co-living spaces typically provide flexible lease terms, which can be advantageous for remote workers who may have changing work arrangements or travel frequently. All your-space PGs and hostels come furnished, saving the hassle of purchasing and moving furniture. Remote work allows freelancers and service providers to work from anywhere, giving them the flexibility to choose their desired location. This allows them to explore new cities, travel, or even relocate, without being tied down to a specific physical office. By extension, remote work allows freelancers and service providers to tap into a wider client base as they are not limited to servicing clients only in their immediate geographical area. They can offer their services to clients in different cities or states, expanding their potential client base and increasing their business opportunities. Thanks to the benefits of co-living, freelancers and souls struck with wanderlust but trapped in the corporate world don’t have to feel bogged down to one city or one state, and can affordably relocate as frequently as their heart desires, making each city their own! Additionally, all your-space co-living spaces, such as the your-space hostel near Manipal University, offer additional services such as food, laundry, and security, providing convenience and saving time. A lot of remote workers end up compromising daily chores due to poor work-life balance, at least your-space residents don’t have to worry about that!