Hybrid working and you – the impact on your business
There’s no doubt about it – hybrid working is here to stay. Two years on from the start of the pandemic, and with government advice indicating that staff are no longer required to work from home, the fact remains that more and more businesses are implementing a hybrid model permanently.
Xperthr reported that in November 2021, 29% of organisations are implementing the hybrid model for all of their employees, with only 4% not adopting the strategy for any of their workforce.
These statistics imply that a flexible future of working is already a reality for a huge proportion of the working population
Effect on staff
Research from Gallup and BCG shows that hybrid working is a key factor for staff making decisions about their employment with up to 92% of employees now expecting to be able to work from home at least once a week where their sector allows. A survey by Owl Labs asked participants what impact being allowed to work remotely would have on them, with the following results
On top of this, 80% of workers also recorded less work-related stress.
These wellbeing factors cannot be ignored, especially in the midst of “The Great Resignation”, a post-pandemic trend seeing vast job change as workers seek to find roles at companies that offer a better work-life balance and more flexibility.
Effect on business
The key for employers is to ensure that the implementation of remote working maximises staff satisfaction whilst not causing reduced productivity or financial loss.
Despite initial objections to this model, the research does seem to support that hybrid working can be just as beneficial for organisations as individuals.
According to 2021 research, nearly two-thirds of European business leaders reported that hybrid working makes companies more profitable, with 25% lower employee turnover. Managers saw their hybrid working teams as 65% more productive compared with previous office-based working.
Differences can also be seen in the financial arena, with 40% of managers observing cost savings and 25% of employees willing to take a pay cut to allow for flexible working in their roles.
It is understandable that changing the working model of your business can seem daunting, but with clear benefits to staff and management alike, the hybrid working model could provide a flexible and profitable future for all.
It’s never been easier to offer flexible working to your staff, with cloud-based communications systems, such as Xelion, more accessible than ever. Traditional office setups, with a stationed receptionist at a front desk, can be replaced with a remote working team using instant message functions and softphones on company laptops and mobiles.
Intelligent Door Entry systems like Paxton and camera technology can allow remote staff to grant access to visitors without being tied to an office.
If you are looking to access the benefits that hybrid working can bring to your workforce, Connaught can help. We can keep you completely connected and properly protected, wherever you are.