The Rise of Hybrid Working: Why it's the Future of Work
The Oxford Group
23 February 2023
The COVID-19 pandemic has dramatically changed the way we work. Many businesses have been forced to adapt and embrace remote working in order to maintain operations during the pandemic. However, with the vaccination roll-out and businesses planning for the future, it's clear that remote working is not going anywhere. In fact, it's likely to become a permanent fixture of the modern workplace, with a hybrid model of working emerging as the new normal.
What is hybrid working?
Hybrid working is a model of working where employees split their time between working remotely and working in the office. This approach allows employees to enjoy the benefits of remote working, such as increased flexibility and reduced commuting time, while also maintaining the benefits of working in an office, such as social interaction and access to resources.
The pandemic has accelerated the trend towards remote working, and many businesses are now planning to adopt a hybrid working model. Here are some statistics on the state of hybrid working in 2021:
- A survey conducted by PwC found that 55% of employees would prefer a hybrid model of working post-pandemic.
- A report by McKinsey found that 20-25% of workforces are likely to work remotely between 3-5 days a week post-pandemic.
- A survey conducted by Microsoft found that 70% of employees want flexible remote work options to continue.
- A study by Buffer found that 98% of remote workers would like to work remotely at least some of the time for the rest of their careers.
Hybrid working benefits
Hybrid working offers a range of benefits to both employees and employers. Here are some of the key advantages:
Improved work-life balance: Hybrid working allows employees to work from home, reducing commuting time and increasing the time available for other activities, such as spending time with family and pursuing hobbies.
Increased productivity: Studies have shown that remote working can increase productivity, as employees have fewer distractions and can focus on their work without interruptions.
Reduced costs: Hybrid working can help businesses save on office space and overheads, as fewer employees are required to work in the office.
Greater flexibility: Hybrid working allows businesses to be more flexible in their approach to work, enabling them to adapt more easily to changing circumstances and business needs.
Hybrid working is likely to become the new normal in the post-pandemic workplace. Businesses that embrace this model of working are likely to enjoy a range of benefits, from increased productivity to reduced costs. As we move into the future, it's clear that hybrid working will continue to play a significant role in the way we work.
Join us for our three-part Leading in a Hybrid World webinar series and learn how to build and manage successful hybrid teams that deliver great results: