How flex work contributes to the local economy

A new report commissioned by Regus and compiled by Development Economics shows the positive impact a new coworking space can have on its neighbourhood. With New Zealand predicted to have around 13,900 flex workers by 2029, the flexible working model has a great deal to add, not only in central cities of New Zealand but also secondary cities and towns.

All around the world, the trend for shared offices shows no sign of slowing down. From a company and a worker point of view, the benefits of coworking spaces are plain to see. Firstly, they allow a company to cut overheads by doing away with cleaning and maintenance costs, and to keep a tighter rein on the desk-space/headcount ratio with the ability to adjust numbers as demand dictates.

Secondly, they allow a worker the freedom to manage their own schedule and to spend the day their way – in a pleasant environment with likeminded individuals. But what about the benefits for local economies?

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