The workplace has fundamentally changed. While 80% of workers are in favor of returning to work, companies of all sizes across many industries are increasingly making the shift to hybrid work. A Wakefield Research survey shows that 47% of employees would likely look for another job if their employer doesn’t offer a flexible working model. In April 2022, 77% of companies have already made the switch to a hybrid working model. What are the different types of hybrid work? Why do employees want it? And what can happen if companies don’t meet those requirements?
The Benefits of Hybrid Work
Work when and how you’re most productive. The traditional office setting has overseers watching employees work between set hours, no matter how productive they are. But some people work best early in the day while others focus better in the evening, for example. In a hybrid work model, employees have more flexibility to get work done when and where they’re most productive. And if they need to work with teammates, they can do it on-site or do a focused co-working session from a remote location, again depending on how they work most productively.
Better work-life balance. In a recent survey, 63% of employees say flexibility would make them feel more empowered. Finding balance is easier in a flexible work arrangement. When employees have more control of their work schedules, they can take care of their personal lives—whether it’s running an errand, picking up kids, or being present for an important delivery. It can even help parents integrate more meaningful time with their kids, like attending their birthday party. Ultimately, it means more time for the things that matter most, leaving employees more refreshed and ready to work.
Hire from a richer talent pool. In a hybrid work model, your company can source talent from potentially all around the world! This means you can hire people with specialized skills and find the right person for the right job, which can reduce onboarding and training expenses down the road. A wider talent pool can also give your company a competitive edge, help you move into new markets, and establish around-the-clock productivity while creating a supportive work environment for your employees.
Keep employees healthier. Hybrid workspaces means fewer people are present in the workplace at the same time, reducing the risk of an ill employee infecting others. If they’re feeling well enough to work, a sick employee can stay home altogether to protect their coworkers while staying on top of their workload. Forward-looking companies will adapt open air and green spaces to their hybrid workspaces so that employees have plenty of opportunity to get fresh air for their physical and mental health during on-site work days.
Reduce costs. Because fewer employees are on-site at any given time, hybrid work models can mean downsizing offices and reducing real estate costs by 30%. In a hybrid work from home setup, fewer people are on-site at any given time. That’s a lot of money that can be reinvested elsewhere, like providing satellite offices or smaller co-working spaces for employees further afield.
Hybrid Work Models
Some employees work remotely and some employees work on-site all the time. This model makes it easy to know who will be where at all times. Employees who value a consistent work environment may prefer this setup and companies can hire remote talent from all over the world. However, this model doesn’t offer employees the flexibility of a hybrid work model. On-site employees will spend more time and money commuting to work, while remote employees may feel left out of company culture.
All employees work on-site for part of the week and remotely part of the week. In this straightforward hybrid work model, all employees have flexibility in where they work. Fewer people on-site at any time also means lower overhead. However, it may be difficult for team members to know who’s on-site and when, and teams will need to work harder to keep employees connected.
A mix of both. Perhaps employees can choose when they’ll work on-site and when they’ll work remotely, or a company with more than one location operates a different hybrid work model for each.This may be helpful for companies who have employees who can’t work remotely. However, it may be more difficult to scale workplace strategies with each unique setup, and company culture may stifle or mutate with each location.
Implementing Your Hybrid Work Model
A successful hybrid work model requires the right people, technology, and policies.
Ask your employees what they want. Survey how they feel and what they need around hybrid work. Ask questions about the setup they’d thrive most in and include examples. When you find out what your people want out of hybrid work, you can tailor your hybrid work model accordingly to improve your chances of success.
Build infrastructure to support flexibility. Introduce new technology strategically. Collect feedback on how you can improve your hybrid work tech stack and iterate over time. Create schedules to give your employees structure while enhancing flexibility. Create clear policies around your company’s work model. If different locations follow different models, detail those differences so employees know which work environments are available to them based on their physical location.
Create a great work environment and culture. In order for your hybrid work model to be successful, employees need to have a great experience in the office. Your employees may not come on-site every single day, so it’s important to ensure that every day in the workplace is purposeful and intentional. In a recent survey, 88% of companies are using incentives like food and beverage programs, happy hours, and company-wide events to get their people back onsite. Delight your employees, like revamping the office environment, to ignite company culture.
Your community is your hybrid workspace advantage
Situated 30 miles south of downtown Denver and 35 miles north of Colorado Springs, Castle Rock’s close proximity to these urban centers, clean environment, natural beauty of the Colorado foothills and its accessibility to a wide range of recreational amenities make our town an attractive community for onsite, hybrid, and remote workers. Forward-thinking businesses are drawn to a labor force that is highly skilled, educated and experienced and by the proximity to the State’s two major markets, Denver & Colorado Springs. The seat of Douglas County, Colorado, has optimal investment opportunities for onsite workspaces, satellite offices, and co-working facilities with SmartTown capacities.
The hybrid model is no longer an alternative style of work. Neither is it a preference for workers of a certain age or industry. It’s here to stay. Organizations must meet the needs of their workforce or risk losing talent to employers that do. Only 63% of U.S. jobs need significant onsite presence, which means 37% of U.S. jobs can be performed entirely at home. This is good news for many reasons–less traffic, more work-life balance, less company overhead, which translates into a healthier local economy for organizations in mixed-use communities.
Miller’s Landing is a mixed-use development perfectly located for your hybrid workplace, satellite office, and co-working space in Castle Rock, Liveability.com’s 2020 #1 community near a metropolitan area (Denver, Colorado) in the United States. The development features an attractive opportunity for work-life balance for employees and customers, with easy access to Philip S. Miller Park, the area’s premier outdoor recreational park and plenty of areas to get outdoors, relax and meet with others.