Top 3 Benefits of the Hybrid Model of Working for Companies
The second wave of Covid-19 has hit India Inc. hard. Just when optimism was finding grounds in 2021 the announcement of the second lockdown in major metros and big towns came as a rude shock disturbing work schedules, targets and goals. But unlike last year, the novelty of work-from-home has withered and the commercial morale has seen a massive dip. No longer do employers and employees want to adhere to complete remote working alternatives and are increasingly eying the option to collaborate a healthy balance of remote work and office time. WolfPack, a leading company for best coworking space in Bangalore and Kochi enlists the top 5 benefits of hybrid model co-working spacesthat perfectly address the future trends of working.
What is a Hybrid Model of Work?
The hybrid working model is a location-flexible arrangement that allows employees to combine onsite and offsite work as per the mutual discretion of the internal team. In the last year, a large number of hybrid arrangements have emerged, granting employees a whole new culture of flexibility. Here are the top 3 benefits of going hybrid.
- Reduced Costs– At a time when businesses are looking at great operational efficiency hybrid model shared spaces are making companies financially less burdensome. Different models of hybrid working reduce monthly infrastructural and operational costs significantly not to mention the relief from real estate management. Looking at the uncertainty of the future ahead companies and businesses, professionals and start-ups are embracing the sustainability angle of the hybrid model of working. Besides, hybrid models are a blessing for the employees too. With increased employee satisfaction the company saves money on staff turnover and the resulting expenses it takes to find a new suitable candidate to fill a skilled role. It’s a win-win for all.
- Increased Productivity– Irrespective of the nature of your work, employees feel productive in a stimulating and energetic environment. Productivity at WFH can be hampered by several factors like poor ergonomics, noise and distraction and bad work ethos. Research shows that till 2020 48% of employees felt productive when working from home, while 52% did not feel the same. This trend has seen a growing discontent for WFH in 2021. Interestingly, there was seen a boost in the mindset of productivity among those WFH employees who got an opportunity for going to the office at will—the most flexible of all of the work arrangements. This has augmented the option of hybrid working co-working spaces where employees are allowed to experience a change of setting, collaborate with their teams in physical mode and be enthusiastic about getting the job done.
- Empathy in Touch times– A hybrid model empowers the employees to call the shots. The pandemic has left each employee with his challenges to deal with along with professional commitments. By offering a sense of freedom regarding wherethey work employees develop a strong bond of trust and commitment for the company that pays in the long run. Besides, the hybrid model of working has shown considerable improvement in job satisfaction during these times.
Looking for a new office spacepost the lockdown? WolfPack is a leading company offering excellent hybrid model workspaces for rent in Bangalore and Kochi. We guarantee Covid-19 compliant best practices and strategies that have helped thousands of startups, professionals, freelancers and corporate to grow their business in the ‘new normal’. Get in touch for an affordable, engaging and healthy workspace near you! We’re ready to get your business rolling!