A hybrid working model, is an evolution of working culture that has drastically changed the possibilities of how we work today and in the near future.
Hybrid work has a lot of variations, with some companies allowing all their employees the flexibility of working from home and on-site in the same weeks while other companies might ask their employees to. Work full time on-site or remotely. Also some companies might utilise a mixture of these two.
Employee benefits from hybrid working
A recent survey conducted by the Wakefield research shows that around 47% of employees would look for a job change if their employers dont adopt to a flexible working model. This has definitely been taken into notice by employers but that is not the only reason that attracts them towards this.
They understand that this hybrid model allows them the freedom to work when they are most productive. Finding a work-life balance is easier in this model. This allows employees the freedom to choose their work schedules while also taking care of things that crop up in their personal lives easily.
Health and Safety Concerns
In a survey done by Envoy, about 66% of employees also feared for their health and safety with the events of the ongoing pandemic. Fewer people in the workplace reduces the risk of infections. And because of hybrid working model in most companies, sick employees can work remotely all together till they feel better.
With all these benefits for employees it is hard for an organisation to not consider a hybrid working model. Along with these, the benefits for the companies are sure to tilt the tides towards adopting a hybrid working model.
Cost Savings For Employers
The companies get to save a lot on real estate. With the possibility of letting a lot of their employees work remotely, any company can reconsider the possibility of saving up on their real estate by calculating exactly how much work space they need to accommodate the necessary employees that need to work on-site with required facilities for when any employee needs to work alternatively.
By rethinking and reducing the existing work space to accommodate for the necessary, companies can lower their real estate costs by about 30%.
Hybrid Working Promotes Hiring Across Cultures
When it comes to remote working, companies can start hiring talent from all across the globe. With on-site working not a requirement and the ability to connect through video conferences, it makes hiring people from different cultures easier.
This encourages involving and bringing in people with specialised skills from all across the globe. This can give an organisation a competitive edge, ensure around the clock productivity and venture into new opportunities.
A symbiotic relationship between employers and employees
To make this hybrid working model working any company needs to understand exactly what its employees are expecting when it comes to hybrid working.
Taking a survey to understand the requests and desires of employees, it involves them in the adaptation processes and keeps them motivated to perform the best for the company.
Once the company analyses the results of the survey sent, they will be able to understand the demand for hybrid working at their organisation.
The companies must also invest in their company structure, which reenforces the ideas behind how the company has built its legacy and what it intents to do to reach its goals.
This is vital because the organisation cannot go round and interact with its employees and they also might lose track of where and what they are working for. Along with this, creating a great workplace experience improves the connection between the company and its employees.
While all the employees might not come to the workspace everyday, it is important that they dont lose interest in coming to the office from time to time. If they do, it would become difficult to bring them back and create the required hybrid to improve productivity.
Conclusion
Overall, the benefactors for the hybrid working model are everyone that are involved in an organisation. The employees are provided with their much needed flexibility and work-life balance that they have been used to and would love to maintain.
The employees also benefit from saving up their much needed travel time, energy and run their personal errands around their work schedule.
Employees will be able to save up about 30% of their expenditure on renovating and adapting to a smaller work place while also gaining and improving on their employees productivity because of the flexibility that they have gained through this model.
The hybrid working model is the fusion of necessary and progressive adaptation that every organisation needs to embrace and show that it is the way to go.