Product Specifics, Workplace Trends

Why is hybrid here to stay? Why should companies gear up for the hybrid workplace model?

A hybrid workplace is a modern ecosystem that is comprised of people working from the in-office and people working remotely. It’s been an absolute hit with an incredibly high adoption rate. 77% of Indian companies are ready to give employees a preferred hybrid model. 83% of the workforce agrees that a hybrid is an optimal setup going forward.

“The workforce of the future works from everywhere, not just the office”
-Vaibhav Jain
Co-founder, Veris.

In the long run, this leads to a better employee experience and better resource optimization for companies. There isn’t a fixed hybrid setup for every company. They are usually divided into four types. Let’s see some hybrid work model examples:

Future-ready companies are already at a stage where they are no longer transitioning but making their hybrid workspace even better. Tech giant Meta is a perfect example of this.

So don’t be on the fence anymore, the race is on and it’s always good to start early. Following are some reasons that will help make this decision easier for you:

Bring the Future a Little Closer

Have you ever been hesitant to try something new but after you did try it you couldn’t live without it? Yes, that is what the hybrid set-up did for everyone. It was pushed by the pandemic, accepted reluctantly by the workforce and now nobody wants to let it go.

So, what does this mean for the future? It essentially implies the hybrid is here to stay.

Here are some stats for you that will put the point across:

  1. Since 2021, 33 million people have quit their jobs in the United States. This was due to employees now rethinking how they can work. This movement is known as the great resignation and has impacted companies all over the world.
  2. 81% of people don’t want to go to the office at all or prefer a completely hybrid setup.
  3. By 2024, only 25% of enterprise meetings will be in-person meetings.

Here is something Satya Nadella has to say:

“Over the past year, no area has undergone more rapid transformation than the way we work. Employee expectations are changing, and we will need to define productivity much more broadly — inclusive of collaboration, learning, and well-being to drive career advancement for every worker, including frontline and knowledge workers, as well as for new graduates and those who are in the workforce today. All this needs to be done with flexibility in when, where, and how people work.”

-Satya Nadella, CEO of Microsoft

The Landscape has Changed, Forever

Might we suggest a simple experiment? No matter who you are and what your designation is, ask yourself if you would like to go back to the office set up as t was before the pandemic.

There, now you understand how the landscape has completely changed. It’s evolving, yes constantly, but it isn’t going back to what it used to be.

The hybrid workspace has made itself synonymous with both productivity and comfort and it’s the core reason why it has thrived. A study based in the UK found some reasons why:

  1. Improved staff well-being by 60%
  2. Reduced overheads by 43%
  3. Increased productivity by 41%

Efficient, Optimized and Cost-Saving

We have seen that hybrid is not only helping in employee productivity and experience, but it has also given an efficient way forward. Software such as Hot Desk Booking is tailor-made for hybrid setup.

Space utilization is another key factor that is making the argument stronger for a hybrid set up. 53% of large organizations are planning to reduce their office footprint, which reduces costs.

Businesses are seeing this as an opportunity to reduce travel and real estate costs and 74% of CEOs of large organizations are expecting to reduce their office space.

Begin your Transition Today

It’s never too soon or too early to begin something good. Hybrid is here to stay and it has benefits for everyone. Given how important productivity, efficiency, and employee experience are, you need a workspace that facilitates that, and hybrid does. The benefits of the hybrid work model touch every part of your work.

With a hybrid workspace, you will manage your workforce better, utilize your space better, and most importantly all of it with smiling faces. Begin your journey today, the future awaits!