#HybridWorking - Maintaining a healthy work-life balance has become a significant factor in the success of modern business models. Companies that put their workers' mental health first are seeing the benefits of a happier, more productive staff. Adopting flexible working patterns and collaborating with the best workspace providers are two of the best strategies to accomplish this balance.
The flexibility that hybrid working provides is a major advantage. Workers can now better manage their personal and professional obligations because they’re not restricted to a particular location. In addition to cutting down on commute times, this strategy empowers employees to work from home or a nearby location, freeing up more time for leisure, hobbies, and family. Both companies and employees gain from increased productivity, job satisfaction and general well-being brought about by this flexibility.
According to research conducted by the International Workplace Group (IWG), which represents well-known workplace companies including Regus, Spaces, HQ, and Signature, 55% of employees say that the hybrid working paradigm reduces their stress levels. Additionally, 82% of employees report feeling happier and more motivated, while 72% say they feel more productive. Many people have been able to spend more time on fitness, health, and spending time with loved ones because they no longer have to commute. It’s evident that happy staff are more productive, and companies that use hybrid working arrangements reap the rewards.
Another study from Stanford University found a company's production can rise by 3% to 4% if commute time is reduced to only two days per week. "When they don't need to be in an office, employees have realised they've been wasting time commuting.” says Mark Dixon, IWG's founder and CEO. Companies also recognise the benefits of hybrid models. Employee satisfaction increases engagement, and businesses save a lot of money.
A Happy Workforce Drives Business Success
Increasing employee satisfaction and luring top talent are two goals of hybrid working. By pursuing a strategy of flexibility, companies may hire from a worldwide talent pool without being limited by geography. As flexible working becomes more and more common, 77% of workers now believe that having a workstation near their home is important for their next job. Employees also see hybrid working as being equivalent to a wage increase of 7% to 8%, according to surveys.
The importance of hybrid working in attracting talent is highlighted by the fact that 88% of workers regard it as the top benefit they look for in a new position, according to an IWG study. Today, almost half of workers would only choose employment that offers hybrid working because of how important flexibility is to them. Indeed, according to a Microsoft survey, almost 50% of workers would consider quitting their jobs if hybrid working was eliminated.
The future of work is being reshaped by hybrid working, which lowers carbon emissions while enabling people to live and work closer to home. "We're living through a landmark era of transformation in working life," observes Mark Dixon. In addition to enhancing work-life balance, hybrid work patterns are helping create a more sustainable future by positively impacting the planet. It’s little wonder hybrid working is undoubtedly here to stay.
To discover how Regus can help you find a better work-life balance, visit regus.com/success
