3 Reasons to Consider a Hybrid Workforce

Jan 30, 2023 | Blog

Why Hybrid Work Models Are Here to Stay — and How They’re Changing the Workplace

A 2021 Accenture survey found that a whopping 83% of workers worldwide prefer a hybrid workforce model. And honestly, we’re not surprised. Hybrid work really took off after the COVID-19 pandemic in 2020, when businesses had to rethink how things got done. Turns out, not only can businesses thrive with a hybrid model, but they can also save money while boosting employee productivity.

Let’s break down how a hybrid workforce can improve both employee satisfaction and your bottom line.

1. Foster a Better Work/Life Balance

Today’s employees want more balance in their lives. And while most companies can’t afford to offer perks like an onsite gym or organic meals every day, a hybrid work model makes it easier for employees to prioritize their health and personal life while still getting work done.

Think about it—between kids’ homework, soccer practice, and everyday errands, a hybrid model lets employees attend both the morning meeting and their child’s dance recital. That kind of flexibility is a game-changer.

In fact, a report by Owl Labs suggests that remote workers are happier, stay in their jobs longer, and experience less stress than those who are always in the office. Who wouldn’t want that?

2. Empower Happy, Healthy, and Productive Employees

Employees know when and where they’re most productive. And when you give them control over their work schedules, they’re more likely to perform at their best. Traditional top-down management can sometimes make employees feel stifled, but hybrid work models give them the freedom to choose how and where they work best.

In a University of Chicago study, 30% of respondents said they were more productive and engaged when working from home. The key takeaway? Giving employees flexibility can lead to a happier, more productive team.

3. Recruit and Retain Top Talent

Hybrid work models aren’t just good for productivity—they also make a big difference when it comes to recruitment and retention. That same Accenture study we mentioned earlier found that employees who can work flexibly are more likely to stick around.

Here’s the kicker:

  • Only 6% of employees with the option to work from anywhere plan to leave their employer.
  • A solid 42% of them plan to stay for the long haul.

And let’s not forget the cost of employee turnover. A Workhuman study found that turnover costs can range from 1.5 to 2 times an employee’s salary! Add in the impact on morale, the time spent recruiting and training, and the hit to your company’s reputation, and it’s easy to see why employee satisfaction should be a top priority.

Prudential’s Pulse of the American Worker survey even found that 42% of remote workers would consider leaving their job if their company discontinued remote work options. So, if you want to keep your best people, hybrid might be the way to go.

We’re Here to Help

There’s no one-size-fits-all solution when it comes to creating an effective hybrid workplace model. Each business is unique. If you’re ready to explore the tools you need to support a happy, healthy, and productive hybrid workforce, we’re here to help.

Schedule an assessment today, and let’s get started on making your hybrid model work for you!