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Remote Hiring in Philadelphia: The Coworking Solution for a Thriving Workforce

The city of Philadelphia is home to a vibrant and diverse labor market, with access to a wide range of talent in fields such as tech, finance, and healthcare. Coworking spaces provide companies outside of Philadelphia with the opportunity to tap into this talent pool while minimizing the costs associated with traditional office rental.

As the world transitions to a more remote work environment, companies are increasingly turning to coworking spaces to accommodate out of city and out of state hires. If you are located outside of Philadelphia, coworking provides an excellent way to build a remote team from the Philadelphia area.

Philadelphia’s tech sector is booming, with companies such as Comcast, SAP, and Oracle investing heavily in the city. It is home to more than 25,000 tech companies and over 130,000 tech workers. This makes it one of the largest tech hubs in the U.S. Additionally, the city’s tech industry is growing faster than the national average. According to the Philadelphia Department of Commerce, the city’s tech sector had an average annual growth rate of 4.9%, compared to the national average of 2.8%. The city’s economy is also growing, thanks to its diverse and growing population. Philadelphia is also home to several top-tier universities, including the University of Pennsylvania,

Drexel University, and Temple University. All of this means that as an employer, Philadelphia provides you access to a highly qualified, highly educated, diverse, workforce.

Hiring remotely in Philadelphia may be less expensive than hiring employees from your own area due to the cost-of-living differences between Philadelphia and other major cities. Philadelphia has a lower cost of living compared to other major cities like New York City, San Francisco, and Los Angeles. This means that salaries and other expenses related to employment, such as housing and healthcare, are generally lower in Philadelphia. As a result, companies based outside of Philadelphia may be able to save money by hiring remote employees in the city. Additionally, the cost of living in Philadelphia is lower than the national average, this makes it an affordable place to live and work, which only widens the talent pool you can hire from.

Now that you're convinced that hiring in Philadelphia is for you, why not just let your new-hires work from home? What advantages are there in providing them a coworking membership?

One of the main benefits of a coworking space is the sense of community it provides. Working from home can be isolating and lonely, which can lead to decreased productivity and job satisfaction. Coworking spaces offer the opportunity for employees to interact and collaborate with other professionals, which can boost morale and productivity.

Additionally, coworking spaces often offer a variety of amenities, such as conference rooms, private phone booths, and even coffee bars, that can make the workday more enjoyable and efficient. These amenities can also make it easier for employees to separate their work and personal life when working from home.

Another benefit of coworking spaces is that they often offer flexible leasing options, which can be beneficial for companies that are hiring remotely. This allows companies to provide a coworking membership to their new hires without committing to a long-term lease. This aspect is invaluable to companies just trying to "dip their toe in the water" in remote hiring.

Hiring from the Philadelphia area and providing a coworking membership to new hires is a great way for companies to grow, save money, support their remote employees, and create a positive work environment. For more information about a membership at Penn's Treaty Coworking, located in the Northern Liberties section of Philadelphia, click here to schedule a virtual tour.

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