The Queen Street Commons, PEI's Co Working site, at 224 Queen St Charlottetown, opened its doors in May 2005. We were one of 5 such sites in the entire world!
There are now nearly 800 commercial co-working facilities in the United States, up from a little more than 300 only two years ago, and about 40 in 2008, according to an annual survey by Deskmag, an online magazine that covers the co-working industry.
More than 110,000 people currently work in one of the nearly 2,500 coworking spaces available worldwide. Compared to last year, there are now 83% more coworking spaces that serve a total of 117% more members! Considering only workdays, we see 4.5 new coworking spaces have emerged daily for the past twelve months. During the same time, the number of coworking members increased by 245 people on average each work day. (Deskmag)
As a member of the QSC, you are also part of the Coworking Visa - you have the benefit of access to over 200 sites all over the world. Details here. Visiting Toronto, London, Paris, Los Angeles? You have a space and a community waiting for you.
What is going on and how might this help you?
Working at an office can be too structured. Working at home can be too lonely. You may not have a job anyway. If you are under 30, you probably don't. Same if you are over 55. So you seek to make a living. Co Working gives you the network to help. It gives you the social space to thrive in.
So are you a student with a summer clear ahead of you and want to get a feel for this kind of work and space? Maybe you have a project? Are you in your 40's and 50's and wonder how you will cope when you lose your job? have you retired but are going mad from boredom?
Here is what the global survey by Deskmag found:
The benefits of coworking continue to be realized: 71% of respondents said their creativity had increased since joining, and 62% said their standard of work had improved. Countering the common claim that coworking spaces can be distracting, 68% said they were able to focus better, as compared to 12% who said the opposite. 64% said they could better complete tasks on time.
Who are the coworkers? 53% are freelancers, while the remainder are entrepreneurs, small company employees, big company employees, and 8% who describe themselves as none of the above (the proportion of "other" respondents has increased from 5% two years ago to 8%, while entrepreneuers has fallen from 18% to 14%). The proportion of female coworkers is growing, up from 32% in 2010 to 38% today.
The average number of desks and members is growing. The maximum capacity of most spaces is now 41 people, and the average membership size is 44. Desk utilization is up, from 49% to 55%, meaning spaces are being used by their members more frequently.
The majority of coworkers are so content with their workspace that they don't plan to leave. 62% said they have no plans to leave their locations, while less than 5% will stay just for one month, disproving the notion that coworking is for mobile workers only.
And for those that like infographics: