6 Hybrid Work Advantages Every Business should know
Hybrid Work Model is known to be a flexible location arrangement. It combines the offsite workers and on-site workers as per the preference. After the covid-19 situation, the employees got the grant to work selection. Companies like Google and Microsoft have announced their work to continue the hybrid work model post-pandemic. These companies are enjoying the hybrid work advantages. As more employers and companies are opting for this model, the benefit of mixed offices is becoming clear.
The two hands of the hybrid work multiply the productivity. On the one hand, the sociability and structure of working from a traditional office and the flexibility and independence of working from home culture make it easier for both employers and employees to meet their expectations.
The pandemic situation has brought a massive change in the life of every person. And business organizations are also not spared from this wave. The business operation and the employees' work model have changed over time. It gave rise to the hybrid work schedule and approach.
The hybrid work culture makes it easier for every business organization to title their employees and make sure they are satisfied while they work. Also, with the right resources and the right technology, it becomes easier to create an optimal work environment.
Difference between Remote Work and Hybrid Work
There is a difference between hybrid work and remote work.
So, what is a hybrid workplace? In the hybrid work model, an employee gets a certain number of days to work at home, and the other days they have to work from the office. The preference depends upon the employees. This working model projects that the employees' presence in the office may not be necessary to carry out work smoothly.
In remote work, employees are allowed to work outside any traditional office environment. While working remotely, they can execute all their office work responsibilities from a remote location while accessing the office network.
Advantages of Hybrid Work Model
Most business organizations have adopted the hybrid work model taking into consideration the hybrid workplace benefits. Although one might think that it is a complex and costly affair, the hybrid work model enhances employee satisfaction and flexibility. Let us look into the benefits of a hybrid workforce and hybrid work advantages.
Job SatisfactionImprovement in Mental well-being
It is one of the obvious hybrid work advantages. Covid-19 has a profound impact on the physical and mental health of persons worldwide. Health concerns, isolation, and economic uncertainty have caused problems across different sectors. Employees do look up to their HRs to provide the safest working environment.
However, switching the week between working on-site and working at home improved the mental well-being of the employees. A hybrid work model is said to impact the mental health of the employees at work positively. Since the Covid-19 period, flexible workspace happens to be the best example of how different employees retain their mental health and well-being.
After the pandemic situation, the job satisfaction level has changed automatically. According to recent studies, it is shown that 60% of employees felt job satisfaction.
Increase in Productivity
Whether you are solving any customer inquiry or writing code for any team meeting, you need to understand the value of time and take advantage of this time. Some employees feel productive when they work from home, whereas others may feel productive working on site. Productivity depends on several factors. An employee should be comfortable either working from home or at the office to be effective in the hybrid workplace.
However, after this pandemic situation, the employees understood that the hybrid work model is a new reality. With all-new adjustments like homeschooling and work from home office situations, the period is full of stress and uncertainty. Speaking about the general productivity during work from home culture, there happens to be more than 50% of the employees who feel productive while opting for work from home culture.
The flexibility of working of these employees, however, dictates their work productivity. It is such a major hybrid work advantage. Whenever employers provide options to the employees for flexible workings, employers have seen more than 80% of increased productivity at work. Moreover, focusing on the employees' on-site work conditions, employers have noticed that less than 60% of the employees feel productive while working.
Reduction in overhead cost
Companies and business organizations are said to save money with their remote employees. We cannot deny this hybrid work advantage today. From a study by global workplace analytics, one saw that out of 10 employers, almost six employers tend to see visible cost savings. It was seen as an advantage of the hybrid office. Employers with remote workforce tend to cut costs related to utilities, rents, food and taxes, and cleaning services. One prominent company has saved over 40% of the real estate cost after shifting from a traditional office to a remote workforce.
Improved retention and recruitment
It is seen that remote work has transformed the scenario of employee retention. Going by the graph, one can see that over 50% of office workers leave their present job if they get the opportunity to work flexibly. Almost 25% of companies working with remote workforce experience a lower turnover rate than those dealing with traditional offices.
With the help of different virtual team communication tools like video conferencing and team messaging, businesses have managed to fill up the communication gap between their remote employees. It is a good way that the employees feel communicated.
The pandemic situation has made the hybrid work model a necessity. It offers many hybrid work advantages to the business. Companies are opting for flexible solutions to increase their employees' productivity. Also, it is a practical solution where the workers need to work effectively and safely, adhering to every restriction and social distancing. While one may opt for various working models, employees introduced to the hybrid working model provide the best results since it optimizes the employees' work conditions. As a result, the employees attain higher job satisfaction.
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