Awfis, India’s largest network of coworking spaces, and Savills, a global property consultancy firm, are pleased to announce the release of a collaborative report titled "Gen- Flex Workspaces”. The report challenges preconceived notions about the new-age workforce and explores the evolving dynamics of the industry. This comprehensive study aims to provide answers to critical questions on the hopes, expectations, and workplace preferences of the next generation.
Awfis and Savills conducted a survey over the course of one month, collecting responses from 500+ occupiers across various sectors such as IT-BPM, BFSI, consulting, e-commerce, healthcare, engineering & manufacturing, and more. The survey had a particular focus on gaining valuable insights from the perspective of Millennials and Gen Z, who represent a significant portion of today's workforce. To ensure a comprehensive range of perspectives, participants from different age groups and both Tier I and Tier II cities were included in the survey, providing a diverse and inclusive dataset.
The report also examines workplace trends, the overall workplace experience, sustainability and technology integration. It places a particular emphasis on gathering insights from the next generation entering the workforce to find out what will be the next generation work environments.
Amit Ramani, Founder & CEO of Awfis, said, “Workplace transformations have come a long way from being cookie-cutter and strictly utilitarian design to an open setting facilitating employee communication and inclusivity. What were venues built to facilitate company processes are now conceived to leverage human capital effectively. Breaking the barriers of hierarchy, these workplaces are now ruled by the two most talked-about generations: Millennials and Gen Z. The shifting work preferences of these two successive cohorts, with a significant presence in today's workforce, have notably impacted the dynamics of modern workplaces. To understand this tectonic shift in the workplace landscape and chart a path to a successful future, we need to map the dynamics that revolve around their preferences.”
Sumit Lakhani, Deputy CEO of Awfis, added, “Despite the common belief that the younger workforce seeks remote isolation, our research uncovers a significant desire for the indispensable impact of human interaction in a physical workplace. This revelation not only dispels misconceptions about Gen- Z and Millennials but also highlights a universal truth that goes beyond age and location: the profound need for meaningful connections and collaborative synergy in our professional lives. In a digital age, it is heartening to observe the enduring significance of the physical office as a center for fostering creativity, innovation, and shared learning experiences.”
Anurag Mathur, CEO, Savills India said, “In the three years following the pandemic, we've witnessed a radical shift in our understanding and connection with the workplace. These changes, accelerated by global upheavals, pushed workplaces to the brink, resulting in a metaphorical rebirth between 2020 and now. The workplace of the next generation is an arena of discovery, experimentation, and adaptation, with key considerations such as air quality, flexible work arrangements, and the integration of corporate real estate and people functions. Our in-depth research into this has unveiled both fascinating insights and complex challenges, with more to be revealed in the future."
