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Karen Derrick-Davis
06/Nov/2018

In a shared space setting, organizations are rethinking the way they manage and share resources. Though not always easy, the payoff can make the challenges worth it. Building a timebank within a shared space is another way to leverage the relationships and provide a framework and platform for sharing skills through the currency of time—time credits. In a timebank, members earn and spend time credits by providing services and accessing services. An time credit earned or spent in the timebank is always worth one hour, no matter what the service. All services are valued equally. Timebanks are redefining work and tapping a limitless resource: time.


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