4 Ways Shared Parking Helps Your Company

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You’ve probably heard the phrase ‘shared parking.’ So, you are probably here to investigate if your company should use it.

Shared parking is a method of optimizing parking spots in large cities. Private parking owners, such as hotels, businesses, colleges, and hospitals, as well as individuals, can rent out their parking spaces while they are not in use. 

This enables drivers to park their vehicles in parking places that were previously inaccessible to them. It also enables us to provide these parking spots at lower pricing than standard parking fees. As a result, any parking owner can rent out their space.

As businesses prepare to return to the workplace, this kind of shared parking is gaining popularity. To put it simply, it is the only method to handle parking issues in the contemporary workplace environment.

According to Forbes, 63% of businesses have adopted hybrid working. The adoption of hybrid work as the new normal is having an impact on enterprises. Companies are now having a considerably more difficult time determining who will be present and when. That is before they consider their parking requirements.

Having designated parking spaces for staff who are only in 2 days a week makes no sense. Meanwhile, many staff are now living further from the office and required parking options. As a result, employers are moving towards a more fluid approach to parking.

In this article, we will talk about how shared parking can help your company. 

What is Shared Parking?

Parking demand, like other modes of transportation, has an off-peak and peak pattern based on associated land use. Diverse but complementary patterns, such as ‘business parking,’ which is often free in the late evenings, and ‘residences carpark,’ which is usually busier in the evenings, provide communities with a chance to better serve homeowners and workers without expanding supply. 

Shared parking is a concept of land use that maximizes parking capacity by enabling complementing uses of land to pool spaces rather than creating separate spaces for different applications.

It is built on the same principles as car sharing. The owner of a parking place that has been vacant for a specific amount of time makes it open to other drivers. These might range from private persons in residential neighborhoods to businesses with their own staff parking lots.

Did you know that 85 percent of all staff parking spaces are underutilized owing to outmoded allocation practices?

As an outmoded employee parking policy examples, in some companies, parking places are assigned on a first-come, first-served basis. This means that new employees are at a disadvantage from the beginning. This causes poor self-esteem and can swiftly impair the workplace environment and motivation.

Furthermore, the set allotment of parking places is not very beneficial for the organization. This is because not every carpark is fully utilized at all times owing to a home office, holiday, or business excursions. Often, the designated parking places are empty, forcing other workers to park on the neighboring streets.

4 Ways Shared Parking Helps Your Company

Here are 4 ways shared parking can help your company.

  1. Equal treatment in the allocation of parking spaces
  2. Benefits the employer
  3. Boost employee satisfaction
  4. Lower carbon footprint

Read on to know about these in detail.

1. Equal treatment in the allocation of parking spaces

Shared parking allows you to arrange car parking in such a way that almost all spaces are utilized lucratively. If a parking place is not occupied on a specific day, for example, because the worker is in his or her home, somebody else may use the spot that day.

The approach is also suitable for businesses that operate on a shift basis. Employees from the night, early, and late shifts can rotate taking parking places since they only require the parking spaces during their own work time, while workers from the other schedules are still at home.

As a result, no one is favored, and everyone has the same opportunity to get a parking place.

2. Benefits the employer

The business is able to create a nice working environment in which all workers, irrespective of corporate connection, feel appreciated by using a shared parking plan. However, that’s not the only benefit for the executive level.

Every employee may book a parking place for a short time using this parking management program. This results in multiple utilization of the car parks, increased income from rental fees, and consequently higher total revenue for the organization.

3. Boost employee satisfaction

Driving along the same street, again and again, automobiles breathing down your neck, and no parking place in sight. It may be highly frustrating to be unclear and under pressure to find a parking place near your location. 

With smart parking, you can see where the available parking spaces are. You may drive right to an open parking place without hesitation. This not only boosts productivity but also enhances employee satisfaction.

4. Lower carbon footprint

Another advantage of spending fewer kilometers looking for a parking place is that you lessen individual pollution. All fossil fuels, diesel, gasoline, and the bulk of alternative fuels emit pollutants, specifically carbon dioxide. 

These pollutants will not immediately endanger human life. However, CO2 is the major source of greenhouse gases and hence climatic changes.


Smart mobility solutions, such as shared parking, will play a significant role in urban areas and road development. This article should inspire you to adopt a shared and flexible parking policy in your workplace. Remember that your employees’ days will not be productive if they have to fight for a parking place at the start of their day.


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