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billpaetzke | 10 years ago
The average WeWork space is 600-900 USD/month for a single-person office in NYC and SF. And there is a lot of turnover amongst coworking businesses that offer space for any cheaper. So, below 600/mo does not seem to be viable, at least in these two markets.
If you offer to reimburse all employees' coworking leases, at an average of 600-900/mo, then your total office expense would exceed your prior 7k/mo after about 10 employees.
Automattic, another distributed company, offers a stipend of 250/mo toward coworking rent. Basecamp (aka 37signals) offers 100/mo. In both cases, these are certainly better than nothing but are only a fraction of the market rate.
https://remote.co/company/automattic/
https://m.signalvnoise.com/employee-benefits-at-basecamp-d2d...
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