Staff retention in the workplace is one of the biggest challenges a growing company can face. With growth comes more staff. With more staff comes more responsibilities. With more responsibilities come higher expectations. A positive workplace culture and happy staff are two essential ingredients in a good business recipe, but they’re often overlooked.

Staff retention isn’t just good for employee morale either. Finding replacement staff, investing in training, and taking time out for the whole process can be an expensive exercise, so if you can create a happy workplace, your staff will be dedicated, loyal, and lasting, and your business will ultimately benefit in the long run.

The one thing that Microsoft, Bayer and Bosch have in common, isn’t that they’re all Fortune 500 Global Companies, although that’s true. What they share in common, is that they understand the relationship between good company culture and staff retention.

Offering progression pathways for your staff, valuing individual strengths, and ensuring workplace flexibility – is something you can do as a business owner. Developing a positive, supportive and enjoyable company culture – is something you can bring into the business by being in the right co-working space.

Co-working makes sense for corporates for a myriad of reasons; it’s cost-effective, flexible and convenient. Co-working also makes sense for your company culture and the health and wellbeing of your business and its people. Co-working spaces often come with networking events, up-skilling opportunities, friendly communal kitchens, and positive open areas, and when you’re not in a position to offer that to your staff yourself, a co-working space can.

Co-working spaces increase happiness, focus, drive and success. Staff feel a sense of community belonging, optimism, creativity, vitality and meaning because they’re not only driven to achieve within their individual role and your individual business – but they’re influenced by a greater community and a bigger picture. Happy staff are also hard-working staff, and hard-working staff create bigger better businesses.

In a co-working space, positive company culture and a sense of community come with the business lease, so if staff retention is essential to your business, consider co-working.

Tobi Skovron

Author Tobi Skovron

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Siddharth Vadasseri
01:56 19 Jul 18
I've had the pleasure of working at Creative Cubes since it opened, and what I've loved most is that it isn't just desk space. Working here feels like being part of something. Every day you're surrounded by people pursuing their own endeavours, but doing it side by side in a community. The space itself is so well thought out and aesthetically pleasing, but beyond the beauty on the surface there is a depth here. The members are fantastic, the founders are involved and accessible, and the 'Happiness Team' provides a quality of customer service like no other co-working space I've been to. AND, it's pet friendly!
Judy Anderson
00:34 17 Jul 18
The 'Happiness Team' is what makes this co-working space stand out for me. I've worked out of several co-working spaces across Australia, Singapore & San Francisco. The customer experience at Creative Cubes is the best I've come across. For example, a happiness team member will physically walk to my desk to let me know when a guest has arrived, because they know I'm not always going to see the email notification. Sometimes they even buy me time if I'm running late! Brilliant.
Kristen Holden
02:32 17 Jul 18
The team at cubes are amazing and the space is modern and funky. They have a great mix of different businesses working in the space so the vibe is top notch as well. Would definitely recommend going down and taking a look for your office space or next event!
Lets Mingle
02:38 29 Jun 18
This is one of the best co-working spaces in Melbourne! Loved my time here. Great vibe, great people and great location. The happiness team go above and beyond to ensure the experience of rocking up to work is an enjoyable one! 5/5 from me!
nicole iglicki
00:26 17 Jul 18
Love this co working space.It offers both independent offices and or communal co-working space which is designed to collaborate with other members. It is decorated perfectly and the internet is fast! The Happiness Team also go out of their way to make you feel comfortable and will meet all your required needs.
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