Studies Show Hybrid Workforce Models Make Good Business

Feb 1, 2023 | Blog

Let’s dive into some key industry findings:

1.

42% of remote workers say if their current company discontinues remote work options, they will look for another job that does.

-Prudential’s Pulse of American Worker survey

Employees today expect flexibility and appreciate the ability to get work done when it’s convenient for them. While juggling the plethora of life’s obligations is challenging, the hybrid workforce model makes work/life balance possible. Modern pressures and responsibilities have evolved, and today’s employees expect their work schedule to follow suit.

2.

Remote workers report less stress, more focus and a better work-life balance in comparison to fully onsite workers.

-Owl Labs

Employees today prioritize physical and mental health like never before. Hybrid work models give employees the control and flexibility to get work done and find time for a midday workout.

3.

Businesses looking to stay competitive are embracing a more human-centric leadership approach. One study shows that providing employees with more control over their work and their work environment makes them more productive.

-Accenture

Outdated, command-and-control management models don’t inspire employees. Businesses can benefit from a more progressive leadership approach that allows employees the autonomy to work at their best, whenever or wherever that is.

4.

Employers can save over $11,000 per year, per employee, as a result of less office space, increased productivity, reduced absenteeism and less turnover. Employees can save between $2,500 and $4,000 per year thanks to reduced food and fuel costs, lower car insurance premiums and less car wear and tear.

-A Global Workplace Analytics

We’re convinced. Hybrid work models save money.

5.

30% of respondents surveyed reported they were more productive and more engaged when working from home.

– University of Chicago

Despite what some may think, most employees working from home aren’t eating chocolates while lying on the couch watching Netflix.

6.

83% of workers around the globe prefer a hybrid workforce model.

-Accenture

It’s a fact.

7.

Productive employees with flexible work schedules tend to stay with their employer longer than those without flexible work schedules.

-Accenture

Hybrid work schedules can help you hold on to your best and brightest.

8.

Employee turnover cost can be 1.5 to 2 times the amount of the employee’s salary.

-Workhuman

We all know the costs of employee turnover. The time and money spent recruiting and training new hires is just the beginning. The ripple effects are drops in employee morale and a tarnished industry reputation.

We make hybrid workforce technology easy

We are a local managed service provider specializing in cloud-based solutions, productivity tools and other innovative technologies that make a hybrid work model successful.

Schedule an assessment today.

 

Other Interesting Articles