Feb 24th 2021
In talks with Hofy: 4 key benefits of having a hybrid workplace
Did you know that 45% of office workers are willing to take a pay cut in order to continue working from home in the long term? Offices might start to open up again, but that doesn’t mean people are running to get back to their desks. They have the taste of freedom to work where they want and we are beginning to see the dawn of a new type of office – the hybrid workplace.
What is a hybrid workplace?
It is a location-flexible arrangement, allowing employees to combine working from home with being office-based as they see fit. Many companies around the world are shifting their approach to working from home. In fact, almost three-quarters of companies intend to shift at least part of their workforce to be remote permanently post-pandemic.
As we all reimagine the future of work, the benefits of remote and hybrid work for businesses are becoming clear. So we sat down with end-to-end remote work management platform Hofy to dive into why a hybrid workplace is the way forward.
Benefits of a hybrid workplace
Cut costs through remote processes
Sami Bouremoum, CEO and Co-founder of Hofy, says “working from home with a hybrid model is a lot more cost-effective than being purely office-based.”
From the cost of leasing office space to things like travel and buying lunches, coming into the office every day carries a heavy price tag for both employers and employees. The transition to a hybrid workplace reduces these costs as it shrinks the amount of space needed for offices, lowers commuting costs and other daily expenditures.
Instead, with a hybrid work model, businesses can turn to remote processes that cut costs and make working from home efficient. You can recruit top talent by using internal hiring tools such as Tempo. Our end-to-end hiring platform removes the need to travel to an office for interviews, allows you to widen your talent pool, and cuts the recruitment costs by 65% – all from the comfort of your home.
Furthermore, platforms such as Hofy allow you to centralise and automate working from home management processes so that you and your employees can focus on what you do best.
Not everyone thrives in a 9 to 5 office environment. Taking into account that some are more productive in the early morning and love the office desk, while others are real night owls and thrive in their home office, you give employees the responsibility to make the best use of their own talents and particularities.
The ability for employees to decide where they work best can improve their satisfaction and productivity, bringing positive results to their performance. A recent survey showed that those able to choose their working arrangements were 69% more productive. Since an efficient hybrid workplace does not require everyone to work at the same time of the day, it lets employees work at their own pace and at their most efficient hours.
Tie this in with less time spent travelling and distractions at home, a hybrid workforce is high performing and therefore contributes to increasing the overall success of your business.
Flexibility attracts top talent
How do workers feel about flexible work? With 88 percent of employees wanting the option of flexible remote work, it is clear that they overwhelmingly like it. It is an attractive benefit to top talent and having a hybrid working arrangement will give you a leg up over companies that are 100% office-based.
“Companies should transition to a hybrid or fully remote model because not forcing people to go into the office five days a week democratises the labour market.”
A hybrid office allows people who would be great at the role but cannot commute into HQ to become talent prospects for the business. It allows you to geographically expand where you recruit talent from. Businesses will no longer be bound by location and can recruit not only a wider pool of talent but also more diverse talent. This encourages diversity and inclusive workplace culture, which in turn makes you even more attractive as an employer.
Empower employee wellbeing
Employees look to HR to provide them with a safe working environment and to ensure that they are comfortable and well taken care of. Recent research showed that 43% of employees believe that remote working improves their work-life balance. Offering a flexible work arrangement gives time for their personal life and has a positive impact on wellbeing and mental health, which enhances employee engagement.
At the same time, it still allows for that physical space for activity-based work, brainstorming, and collaboration to encourage a strong company culture. This ability to provide the best of both worlds, through platforms such as Hofy, gives you the chance of empowering your employees’ and creating a happy work environment.
“Hofy also helps companies build their culture with custom-branded onboarding for remote employees and swag packs for memorable first days, as well as deliverable gifts to bring office ‘perks’ into homes.”
The future is hybrid
The pandemic has made working from home a necessity overnight, whether that’s how we wanted to work or not. It has forced businesses to rethink traditional and outdated approaches to the world of work. The hybrid workplace is a model that helps keep employers and employees on track with a commitment to company culture, employee productivity, and overall wellbeing. It allows your employees to choose where they want to work and is the future of engagement and retention.
The Tempo platform
The working world is changing not only in how we work but also in how people make hires. As we shift to a more hybrid workplace, there is a rise in the need for internal hiring tools that are efficient and hassle-free, with everything taking place on one platform. Whether you’re rapidly scaling your team with temp staff or looking for the perfect permanent hire, our Tempo platform matches you to candidates instantly – making building your hybrid workforce that much easier.