Top Five hidden benefits of hybrid work

Top Five hidden benefits of hybrid work-01

Following the recent pandemic, businesses are now slowly opening offices and trying out the new normal. However, the remote working months have taught them a valuable lesson for cost optimisation. The future of work will be hybrid, for sure.  While hybrid work has its challenges, it can unlock significant advantages as well.

The hybrid work environment is already receiving a positive response, especially in the IT industry, as  CIOs have found some surprising benefits to having more flexible policies around where and when their employees work.

Undoubtedly, hybrid work has its own unique set of challenges, but its benefits for enterprises will pioneer a new working. While many enterprise leaders have not realized benefits of remote teams, those who have seen the upside of hybrid work, say they now must manage their departments in new ways to maintain and maximize those advantages long term.

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Noting the following five hybrid work benefits that have improved their teams, enterprise leaders responded positively.

  1. The end of remote work stigma

Earlier organizations were not very reluctant to work from options. But workplace situation has changed during the pandemic. Now employers and employees both have recognized the benefit of working remotely. The ability for people to work from their preferred locations has now become their strength as it does not impact their productivity. Employers also now understand that workers who stay entirely or partly remote are just as engaged as everyone else.

  1. Boost for recruitment and retention

Around 94% of respondents to the 2021 Hybrid Work Global Survey from Riverbed and Aternity revealed that hybrid work also helps talent recruitment. After years of fierce competition for IT talent, CIOs and CISOs are enjoying a bit of a reprieve, as many have been able to eliminate, or at least ease, geographic requirements for new hires and existing workers.

  1. Slowdown Worker compensation

The ability to have IT employees work from anywhere has eased some of the upward pressure on talent costs.  Diverse and remotely located talent, resources who are happy to stay where they are, is a factor that has helped rein in big signing bonuses and relocation costs. The emerging hybrid work environment and the anticipated return to offices may limit some of this financial benefit in the future. However, the CIOs with offices in high-cost regions could strategically recruit some staffers from lower-cost areas to balance out the higher salaries offered to those who need to be on site.

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4. Increased productivity

IT leaders say they and their teams have enjoyed a productivity boost in the hybrid world. They note that remote employees can get more work done because they don’t experience the interruptions typical in an in-office setting, or travel time. And teams can more quickly gather either all online or in a hybrid meeting, helping to cut back on the time people need to get to and from appointments physically. Workers are also more focused and ready to get down to business when they meet.

5. Opportunities to Reteam

Remote and hybrid work gives leaders an opportunity to reconfigure teams based more, or even exclusively, on the needed set of complementary skills rather than on proximity.

Earlier the team had the tendency to work in close proximity, as a force of habit. Now with remote teams, collaboration across different offices and different countries has increased exponentially, and the coffee station is now virtual.

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Swapnil Mishra is a Business News Reporter with OnDot Media. She is a journalism graduate with 5+ years of experience in journalism and mass communication. Previously Swapnil has worked with media outlets like NewsX, MSN, and News24.