Wednesday, November 29, 2023

Organizations Aiming To Move to a More Flexible Working Model Permanently

By Sudipta Choudhury - July 12, 2021 3 Mins Read

Organizations Aiming To Move to a More Flexible Working Model Permanently-01

While organizations gradually move to a hybrid and flexible work model, technology has a critical role to play in enabling this shift.

As companies continue to adapt to operate in a pandemic era, most business leaders anticipate that COVID-19 will continue impacting their overall business functionalities for the rest of the year or more. This also brings a growing sense of urgency for data integrity, as digital transformation initiatives increase.

In fact, companies believe that remote along with the hybrid working model is positively impacting their overall workflow. A recent Owl Labs study indicated that most organizations indicated these working patterns had changed employee wellbeing (52%) as well as business costs (50%) positively.

Also Read: IoT Healthcare Market Value Will Reach Nearly $188.2 Billion by 2025

According to a survey of more than 2000 business leaders from the UK, France, Germany, and the Nordics, there is a rush towards hybrid working. In such a scenario, profitability plays a crucial role to opt-in for a flexible employment model.

Furthermore, with the growing uncertainty and sensitivity, nearly 92% of European organizations are keen to implement progressive policies post-pandemic. This includes introducing working from anywhere (42%), a four-day week (39%), core working hours (39%), and unlimited holiday (22%).

With this rising urge to support partial return-to-office for employees, around 24% of EU organizations will primarily enforce vaccine passports. Basically, companies will only allow vaccinated employees into the office. Employers in Germany (31%), UK (23%), Nordics (21%), and France (19%) are quite cautious and intending to enforce vaccines.

Besides, various European organizations are planning ahead for a post-pandemic work setting – where only 3% of the businesses aiming to maintain the same amount of office space. However, about 11% of employers are looking forward to getting rid of their workplaces entirely.

In the context of hiring, nearly 32% of EU organizations plan to hire candidates who can work remotely – this is absolutely based on their skill rather than the proximity to an office. In addition, 29% of business leaders are preparing to use productivity applications to monitor employees’ activity.

While organizations gradually move to a hybrid and flexible work model, technology has a critical role to play in enabling this shift. As a result, almost 93% of European organizations are putting workplace policies and infrastructure to gear up for an innovative, post-pandemic workplace.

Also Read: IT Cost-cutting Strategies to Avoid Business Downfall

In this perspective, Frank Weishaupt, CEO at Owl Labs, explains -“It’s encouraging to see business leaders across Europe embrace hybrid work post-pandemic. As organizations have adapted to working remotely, they’ve seen the benefits – the ability to hire remote teams from anywhere, leverage new technologies whilst saving on costs.”

Indeed, as we advance, technology will continue to advance while it supports the permanent shift to hybrid work. Industry leaders believe businesses that will succeed will need to create improved infrastructure and workplace policies to allow employees to maintain creativity, collaboration, and productivity.

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Sudipta Choudhury

Marketing professional with experience in B2B and MR industry. Skilled in Marketing, Strategy Making, Copywriting and Content Creation, Sales, and SEO with excellent Communication Efficiency. Holding a dual master's degree focused on Marketing from IBS, Pune and ICFAI University.

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