What is a Hybrid Work Model and Why Are Employers Moving to it?
The hybrid work model is a new way of working that is gaining popularity among employers. It is a mix of remote and office-based work, with employees spending some of their time working from home and the rest of their time in the office. In fact, according to McKinsey, 90% of surveyed companies plan to adopt some hybrid work option in the future. So what exactly are the different types of hybrid work models and why are employers moving to them?
Types of Hybrid Work Models
There are several different types of hybrid work models, and each has its own advantages and disadvantages. The most common type of hybrid work model is the split-schedule model. This model allows employees to work from home two or three days per week and come into the office for the remaining days. The advantage of this type of model is that it allows employees to have a better work-life balance. The disadvantage is that it can be difficult to stay focused when working from home.
Another type of hybrid work model is the flex-time model. This type of model allows employees to choose their own hours, as long as they meet their required number of hours per week. The advantage of this type of model is that it gives employees a lot of flexibility. The disadvantage is that it can be challenging to coordinate schedules with other team members. The final type of hybrid work model is the compressed workweek model. This type of model allows employees to work four ten-hour days instead of five eight-hour days.
Why Employers are Switching to a Hybrid Work Model
There are many potential employer benefits to adopting a hybrid work model. Perhaps most importantly, it can help to boost employee morale and productivity. Employees who have the ability to work from home on a regular basis often report feeling more satisfied with their jobs and less stressed overall. According to Dimensional Research, 95% of knowledge workers want to return to the office for activities such as team building, collaboration, and connection to peers. Employees also tend to take fewer sick days and be more productive when they are in the office.
Another benefit of hybrid work models is that they can save employers money. For example, companies can reduce their real estate costs by allowing more employees to work from home. They may also see reductions in other areas, such as travel expenses and energy usage.
Finally, hybrid work models can help employers attract and retain top talent. In today’s competitive job market, workers are increasingly looking for employers who offer flexible work arrangements. By offering a hybrid work model, employers can show that they are committed to meeting the needs of their employees.
Looking to hire for your next hybrid role or are you looking for hybrid workplaces? Let Aligned Solutions help you. Contact us today to learn more about our talent and roles available.