How to Keep Your Team Morale High During A Slowdown?

How to Keep Team Morale High During A Slowdown?

posted in: Coworking | 0

Team morale refers to the excitement, enthusiasm, and satisfaction that your employees feel when working as a group to attain common business goals. High team morale is crucial for the success of any business as it translates into high employee engagement. This results in increased productivity and performance. On the other hand, low team morale can result in a lack of motivation and poor performance. This can lead to conflicts within the team and loss of revenue.

In the wake of the COVID-19 pandemic, business organizations across the world are facing the challenging task of keeping team morale high. With many organizations taking the recourse of pay cuts, layoffs, and tight budgets, the scenario is a glim one when it comes to team morale.

Here are a few tips for keeping team morale high during a slowdown.

Tips for keeping team morale high during a slowdown

  • Restore the team’s faith in the organization

It is important to restore your team’s belief in the organization, more so when working during COVID-19. You must emphasize what you are doing as a team and what goals you are pursuing in the long term. A mismatch in the understanding of goals can cause a feeling of resentment and dissatisfaction within the team. By encouraging your team to view the larger picture and have faith in the organization, you can motivate them to be more involved in their tasks.

Also Read: 5 Reasons why coworking spaces are safer than traditional offices during Covid-19

  • Acknowledge the team’s contribution

One of the effective tips for keeping morale high during COVID19 is to acknowledge the efforts put in by your team. More than position or money, what motivates your team is the work they do and how they feel about it. By appreciating their hard work, you can make them feel like they are a valued entity of the organization. Be careful not to acknowledge a non-performer as it will prove to be counterproductive.

It is a common practice for many companies to do away with recognition events and team rewards during a slowdown. But by continuing such rewards and acknowledgment programs, you can make a huge difference in your team’s morale.

Unitech Cyber Park

  • Allow flexibility in your team’s functionality

Incorporating flexibility at the work front can go a long way in keeping your team’s morale high. There are several ways in which you can introduce flexibility while ensuring that your team performs optimally.

For instance, you can allow your team to work remotely from coworking spaces located near their residences i.e., #WalkToWork. This will enable your employees to work out of a relaxed yet professional environment. You can even go for flexible work hours. The idea is to keep the team motivated to give their best without compromising on your business goals.

  • Break a big goal into smaller achievable goals

Small actionable steps are the secret to achieving big success, even more so when your business is going through a slowdown. Setting goals at a high level might make it difficult to accomplish them. This, in turn, will adversely impact the morale of your employees. Instead, you need to break your big goals down into smaller and actionable goals (and creating excitement around them).

After establishing the goals, the next step is to create some milestones for your long-term, medium-term, and short-term goals. While long-term goals can have a longer time frame (a few months or years), medium and short-term goals should have immediate timelines. It is also a good practice to establish multiple short-term goals for a quarter as it helps create a sense of accomplishment among your team members.

  • Keep communications transparent

It is important to maintain clear and transparent communication with your team, regardless of whether they are working during COVID-19 or in normal times. A lack of clarity in communication can create confusion among your team members, which can hamper work. By being transparent in communication, you can help your team to stay calm even in the face of a crisis like the ongoing pandemic.

When you provide timely information to your team, they can have an idea of what to expect and plan accordingly. This can create a feeling of trust and respect for the management, which is essential for team productivity.

  • Listen to the team’s voice

An easy way to reduce dissatisfaction within your team and increase morale is to listen to them. It is important to provide your team members with the scope to voice their opinions. By listening to them and making them feel heard, you can help in developing a confident team for your organization.

It may take some amount of time and patience on your part to listen to what your team has to say. But in the long run, it can reduce stress and dissatisfaction within the team to a large extent.

Also Read: Managed Offices to gain importance in Covid Times

  • Celebrate success

Lastly, never forget to celebrate success, no matter how small it is. When going through challenging times, businesses often tend to focus more on problems and targets than achievements. However, always remember that success begets success, so celebrating it will help create momentum among your team and push them to achieve more.

That’s not all! Celebrations also make your employees feel that the hard times they have been through and the efforts they have put in were worth it. From a hand-written note, a meeting to express your gratitude and a company-wide email to a shout-out on your social media platforms and a team lunch, there are many ways to celebrate success at work even when your business is going through a slowdown.

In conclusion

Keeping team morale high is important for organizations of all sizes and nature. This can lead to low turnover rates. Additionally, it can help attract top talent into the company’s fold.

Have you noticed a sudden decrease in enthusiasm or energy among your team? It may have something to do with team morale. By following the above-mentioned tips, you can motivate your team members and encourage them to remain productive on the work front.

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12 Biggest Differences Between Managed Office vs Coworking Office Space

The Office Pass (TOP) Adds Managed Office Solution to Its Offering

posted in: Managed Office | 0

The Office Pass (TOP) a Gurugram based Neighborhood Coworking space provider has added Managed Offices to its array of flexible workspace solutions. TOP’s first Managed Office became operational on the Golf Course Road in Gurgaon last month. With the COVID-19 pandemic keeping the world in its grip, business organizations are looking for flexible and safe alternatives. At the same time, they do not want to invest in resources to manage an office and want to leave it to professionals in this space.

All this has fuelled the demand for customized offices – that is, workspaces that are formal, flexible, and has all the amenities. It is like checking into a resort that is customized as per your family’s taste – just that here the family is your office colleagues. Responding to this demand for hybrid spaces that merge the best of standalone offices and coworking spaces, TOP offers hassle-free managed offices.

Vatika Towers Managed Office by TOP

Read on to know more about the Managed Offices, its features and advantages.

Managed offices by TOP: Innovative workspaces specially designed for your business

A managed office is a blend of conventional offices and coworking spaces. In essence, they are empty spaces that are custom-built by a service provider (say TOP) to meet the specific needs of your business.

When you opt for a managed office you sign up for a lot more than the usual amenities and infrastructure needed to run an office smoothly. TOP conceptualizes & executes a complete office space solution, including designing, furnishing, leasing, running & maintaining the office for a fee.

This whole space is designed by incorporating your inputs to reflect your brand identity, just as you would – if you were designing it yourself. For instance, the interior design, colour scheme, furniture layout, etc. are all done as per your requirement.

Also Read: Why Managed Offices gain importance during the times of COVID-19

From branding the space with your logo & incorporating your brand colors, to determine whether you need cubicles, open workstations, or standalone cabins, everything is designed by TOP to suit your need.

Who is it ideal for?

The Managed Offices designed by The Office Pass (TOP) are complete workspace solutions for any business organization that prioritizes safety, health, and matchless flexibility. These offices provide businesses with the confidence to navigate through the new normal and beyond.

Managed offices by TOP is ideal for all kinds of business organizations, ranging from established enterprises to blooming start-ups.

Key features of TOP managed office solutions

The key features of TOP managed office solutions include the following:

  • Fixed lease period: When you opt for a managed office by The Office Pass (TOP), you have to sign a contract and secure the space for a period of 36 months. You can also go for a long-term lease depending on your business need.
  • Cost-plus payment model: The cost for conceptualizing and managing the whole space is decided on the basis of the cost-plus pricing system. This cost is normally calculated Per Square Feet (PSF) and varies from INR 1500 to 4000 depending on the requirement.
  • Security Deposit: You have to pay a security deposit, the amount of which may vary from 3 to 6 months of the invoice value.
  • Notice Period: When you decide to no longer avail of the services, you will have to provide the company with a notice period of 3 to 6 months.
  • Furnishing management: The furnishing is fully handled by The Office Pass (TOP), and normally takes 60-75 days from start to finish.

Vatika Towers Managed Office by TOP

Advantages of Managed Offices by The Office Pass (TOP)

The bespoke flexible managed office solution offered by TOP has several advantages, such as:

  • Fully customized office space

TheOfficePass offers you fully customized functional office space that bridges the gap between conventional offices and coworking spaces. In other words, you get to use a flexible workspace with a look that reflects your brand identity.

  • Feasible cost

Leasing out a traditional office space means you will have to invest a large amount for it. Also, you will have to bear the responsibility as well as the additional expenses needed to furnish the space and make it fully functional. In comparison, you can lease out a managed office space from TheOfficePass for much less an amount. Also, the onus of finding, negotiating and customizing the space will lie with TOP.

Also Read: 6 Reasons why coworking spaces are important

  • Ensuring a safe work environment

In a traditional office, the responsibility of following sanitization protocols lies with the management. But as service providers of managed office solutions, The Office Pass (TOP) handles all necessary safety and sanitization procedures. In other words, you can work out of a safe environment and with peace of mind, without having to bother about sanitizing the place to ensure everyone’s safety.

  • Ease of lease

One of the main advantages of leasing a managed office by TOP is that it comes without the burdensome obligations of a traditional lease. For instance, you won’t have to undergo lengthy paperwork for negotiating and signing the lease contract. Also, the terms of the contract are transparent in this case, which leaves no scope for nasty surprises in the future.

To sum it up

Managed Office solution provided by The Office Pass (TOP) is a hassle-free option in comparison to leasing conventional office space and then furnishing it. What’s more, you are assured the best of service and functionalities to suit your need. Looking for a Managed Office? Call The Office Pass (TOP) at 8999 828282.

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Work from Home to Work Near Home – Mapping the Remote Working Trends in 2020

Work from Home to Work Near Home – Mapping the Remote Working Trends in 2020

posted in: Work From Home | 0

The year 2020 has redefined the concept of work culture in an unprecedented way. Remote working took center stage like never before, thanks to the COVID-19 pandemic. People went from working out of office cubicles and cabins to working from their residences and home offices.

For a while, remote working was synonymous with working from home (WFH). But it wasn’t long before this setting started to reveal certain dis-advantages. As a result, a second trend started emerging, namely working near home (WNH).

In this post, we are mapping these interesting remote working trends of 2020. We’ll take a closer look at what is work near home and the reasons why this trend is gaining traction during the pandemic.

Understanding the shift from work from home to work near home

The WFH model was initially considered as the best option for working during COVID19. It certainly had a host of benefits too. That said, it didn’t prove to be the best solution in terms of productivity and mental health.

According to a global study carried out by Qualtrics, SAP, and Mind Share Partners, 44.4% of the respondents doing office work from home revealed that their mental health has declined. Challenges of working from home featured among the top five reasons for this decline.

Some of the main challenges of working from home includes:

  • various distractions
  • inability to start and stop work on time
  • social isolation
  • lack of ergonomic furniture
  • a blurred line between personal and professional life

DLF Corporate Green Coworking Spaces

That was when companies and individuals started considering work near home as a viable alternative.

Work near home means you can work from offices located within short distance i.e,. 5 km of your residence. A company may not open offices in multiple locations, but allow an employee to work out of coworking offices near home i.e., Neighborhood Coworking. They can avoid the trouble of commuting and the disadvantages of working from home.

Difference between Work near home vs. work from home

Let’s take a look at why work near home became a preferred option for remote working in 2020 and beyond. Professionals and organizations found neighborhood offices useful because they could:

  • Stay away from distractions

One of the reasons why people opt to work in coworking offices during the pandemic is the distractions they face at home. Be it the kids, TV, household chores, or other personal commitments, distractions affect the quality of your office work as well as your productivity to a considerable extent.

Compared to this, neighborhood coworking offices offered a distraction-free environment that was ideal for working during COVID-19.

  • Be part of a business community

As per the mentioned survey, 65.9% of participants faced higher levels of stress due to the pandemic. Loneliness resulting from social isolation and being stuck at home were among the top contributing factors.

The shift from WFH to working near home helped people deal with this issue in a remarkable way. Working out of a shared office made them feel part of a coworking community. Also, interacting with co-workers helped them to overcome the impacts of social isolation that they faced while working from home.

  • Access office infrastructure

People need more than a laptop and a stable Wi-Fi connection while working remotely. Many employees who were forced to do office work from home due to the pandemic didn’t have access to proper infrastructure. Investing in home office furniture and accessories wasn’t a viable economic solution.

Coworking spaces provide access to all necessary infrastructure needed for working comfortably and at an affordable cost. These include ergonomic workstations, work desks, office equipment like photocopying and scanning machines, office stationery, and so much more.

  • Grow, learn, and collaborate even during the pandemic

Despite its benefits and safety, the work-from-home model created a barrier for people from broadening their business horizons, especially for start-ups and small business owners. As they were working alone at home, there was no way to seek help regarding professional hurdles or gain a new perspective.

At Neighborhood Coworking spaces things are quite different as people get to meet experts and professionals from various backgrounds. They can exchange views, share their problems, and overcome their struggles. In short, people get an opportunity to learn, grow, and collaborate.

  • Draw a balance between work and personal life

People tend to believe that by working from home they will be better able to manage their work and personal life. However, this notion has been proved wrong during COVID-19. Many people were unable to bring closure to their workday on time, which threw their personal and professional life off balance.

By working out of a coworking space, people can easily handle this issue. They can maintain their flexible work hours and switch off before heading home. This helps maintain a balance between work and personal life.

To sum up…

The work from home to work near home shift has helped people discover a viable solution of remaining productive while working remotely. As coworking offices follow stringent safety and sanitization measures, you can be sure of your safety too.

Are you looking for work near home options in Gurgaon, Noida, or other parts of the capital city including South Delhi? Check out TheOfficePass (TOP), a leading and reliable provider of coworking offices.

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Managed Offices to gain importance in Covid Times

Managed Offices to Gain Importance in COVID Times

posted in: Managed Office | 0

Businesses all over the world are facing unprecedented operational challenges due to the pandemic. While maintaining a traditional office is not a safe option, working from home isn’t a permanent solution either. As a result, organizations are increasingly looking for an amalgamation of standalone offices and coworking spaces. In response to this need, managed offices are emerging as a viable solution.

In this blog, we’ll look at how managed offices stand to gain importance in the times of the pandemic and beyond.

What is a managed office?

Managed offices are custom-built office spaces designed for companies and operated by service providers. In other words, these are empty spaces that you can customize as per your requirements and in line with your brand identity. These include office infrastructure, like the number of workstations, meeting rooms, reception rooms, wall colors, floor finishes, etc.

For instance, you can use a color scheme that reflects your brand, have your logo on the door, opt for open workstations or closed cabins as per your work culture, design the interiors in classy or quirky styles, and the like. You don’t have to spend your time or resources on customizing the space – give your inputs, and the service provider will get it done for you.

You will also have to bear a certain percentage of the furnishing cost, which might vary from one service provider to another. In most cases, a managed office space requires you to commit to a fixed term. Also, you have to pay for the complete package of facilities and services, unlike the pay-per-desk system followed in coworking spaces.

Also Read: Coworking is the future of work

Managed Office Space in Noida

What are the key features of a managed office?

The main features of a managed office that make it different from coworking and shared office spaces include the following:

  • Customization: Managed offices are empty spaces that you can get customized into fully-functional and exclusive offices.
  • Fixed lease terms: You will have to sign a long-term contract with a lock-in period (typically 36 months).
  • Scalability: Managed offices provide the option for scalability as per the demand of the occupant.
  • Notice period: When you terminate the services, you will have to serve a notice period (3 to 6 months).
  • Security deposit: You must pay a security deposit (invoice value of about 3 to 6 months).
  • Fixed invoicing system: Unlike the pay-per-desk system prevalent in coworking spaces, you will have to pay a fixed amount plus operating costs.

Why managed offices gain importance during the times of COVID-19

In the context of COVID-19, managed offices offer several advantages for organizations to carry on their business in a safe environment. By choosing to operate out of managed offices, you can:

  • Follow safety and sanitization measures

Companies working out of offices are required to follow a set of sanitization protocols to ensure the safety of their employees. As managed offices are operated and maintained by the service provider, they will take care of all necessary sanitization and safety processes.

  • Avoid crowds by keeping it local

When you opt for a managed office space, you get to choose the location where you would like to set up your office. In this COVID-era, it is important to have your office at an easily accessible location to reduce the time spent on commuting.

  • Maintain physical distance

As per Government regulations, it is mandatory to maintain a minimum distance of 6 feet from the person working next to you. In a managed office space, you can have a seating arrangement that conforms to this requirement of physical distancing.

  • Reduce operational costs

Running a traditional office is a costly affair, even more so in the times of the pandemic. Companies are forced to spend huge amounts on automation processes, sanitization, and safety devices. By opting for a managed office, you can reduce such costs.

  • Carry out undisrupted operations

By opting for multiple managed offices rather than a centralized office, you can ensure undisrupted business processes. In the unfortunate incident that an employee at one office tests positive and her/his colleagues go into quarantine, other offices can continue functioning.

Also Read: Traditional Workspace vs Coworking Space

  • Keep it private and professional

Though working from home is a great solution to stay safe during the pandemic, it might not always be the most productive option. This is where managed offices come to your aid – they are private as well as professional. Such custom-made offices give you a peaceful setting to work without disturbances.

  • Decentralize your operations

With the advent of COVID-19, many medium and large organizations have started decentralizing their operations by operating out of multiple locations. If you are planning to set up multiple units/offices in two or more locations, managed offices are the way to go. You can keep your brand identity across locations while keeping the workforce decentralized.

The bottom line:

The pandemic has forced us to reimagine what office spaces should be like. As organizations are considering to resume their office operations, smart solutions like managed offices score higher than conventional centralized offices. Private, professional, functional, safe, clean, and cost-effective, they tick all the right boxes.

Do you want a managed office in Gurgaon or Noida? Check out The Office Pass (TOP), a fully managed office provider. Tell us your specifications and we will the office customized for you.

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