Hybrid: The Future of Work is Now
Updated: Oct 26, 2021
What is Hybrid Work?
A hybrid workforce is a type of blended workforce comprising employees who work remotely and those who work from an office or central location. Blended teams - those with both remote and in-office employees - offer many benefits, including increased productivity and reducing transportation costs. However, it can be difficult to know the right balance between the two types of teams.
A new report from Accenture (NYSE: ACN) shows that while 88% of companies finally have a clear picture of the challenges they face today, only 6% are completely confident in their current abilities to foresee and respond to future disruption.
Eighty-two percent of workers said they would prefer a blend of office and remote work, according to the 2016 survey by Harvey Nash. This stat has come into sharper relief given the effects of the global pandemic. The motivation for this preference is understandable since many organizations are struggling to retain their best talent due to the increasingly competitive job market. But the good news is that recent research has found that companies can overcome retention challenges by making more distance work opportunities available to professionals.
DOWNLOAD: Fig Learning's Hybrid Work eBook
Implications - Why is hybrid work becoming more popular?
Companies that are looking to produce higher quality work, improve employee retention rates and reduce overhead costs should consider adopting a hybrid work environment. This style of working has been popular for years in Silicon Valley and it is likely to be the future of the workforce because it provides many benefits. Employers can expect lower employee turnover rates and more people wanting to work for their company because they don't want the daily grind of commuting to an office.
The modern workplace is becoming increasingly less traditional with most positions now requiring the ability to work remotely. Remote work has led to an increase in remote teams, where team members can be located anywhere in the world with most communication channels available through internet technology. The rise of remote virtual teams has made it possible for smaller companies, startups, and businesses to compete with larger ones. However, more often than not, these teams require more structure and discipline as they are limited by their lack of physical meetings.
The future of the workforce is changing. More and more companies are turning to a hybrid workforce, which combines employees that work remotely with those who come into the office or central location. This type of blended workforce can be advantageous for employers because it can save them money by not needing to have an office space for every department. Employees save time by not having to commute to work, which saves them fuel costs and time spent in traffic.
How does hybrid work affect the workplace?
While this may be beneficial to both parties involved in the arrangement, there are unique challenges that come with it. For the employee who works at home or outside of traditional office hours, many duties are still impeded by old systems that are not technologically advanced enough to get the job done.
The questions and variables around culture and collaboration are the two main areas that have leaders reaching for the antacid and wondering how many plates it’s realistic to be able to spin at once. By no means are these concerns unwarranted. Prior to the pandemic the questions surrounding remote work and the expectations and accommodations had already surfaced. There are realistic concerns around a lessening of face to face interactions and what that means when it comes to communication, project deliverables, work expectations, and the ability to stand out and be promoted. Organizations must balance their needs with the needs of their workforce who themselves are in the process of reaching their own collective bargaining agreement with the labor market. The fact of the matter is that if you are not willing to accommodate this reimagining of the mode of work, you will not be able to compete for talent in the same way a competitor who has accounted for this new altered reality.
Challenges With Hybrid Work Arrangements
Getting hybrid right will be challenging. Deciding who works from the office and how often is a complex issue, and it will be different for every organization. You must look at the threats as well as the opportunities to the organization’s culture, collaboration, and innovation. A well-executed hybrid workplace can be a strategy that brings people together and helps us work better than ever before.
It can be difficult for both the employees and employers who use this type of setup, as it requires a significant amount of communication and agreement on standards:
Security risks in a hybrid environment
Training employees on hybrid workplace systems and technologies
Increased pressure to be constantly available
Lack of connection without face-to-face interaction
Many companies are seeing benefits in an evolving workforce. Employees are no longer tethered to their desks for the entirety of their day. Tools like Slack, Zoom, and Teams make it possible for people to work remotely.
One of the most significant changes in the workforce of the modern era is an increase in the number of people who work remotely. Remote employees make up over 30% of the workforce, and this number is expected to continue to grow. Remote workers are more productive than their office-bound counterparts, feel less stressed, and are more likely to like their jobs.
Advantages of a hybrid work model
Improved employee satisfaction and culture
More possibilities for continuous learning
Better collaboration and work relationships
Improved mental health
Lower expenses for office space
Access to more talent in different locations
The Role of Training in Hybrid Workplace
The rise of the hybrid workplace has caused a shift in the ways in which employees are trained. Companies are opting for online training to train workers who may not be physically in their office. This helps encourage efficiency by freeing up time that would have been spent commuting and allows employees to work remotely more often.The use of online training has become a great way to spend time and resources for companies because it is a low-cost alternative to in-person training. As companies have started to move from a traditional office setting, more employees are moving into a hybrid workplace, which means they work both at home and the office.
With continued digitalization, there is more opportunity for companies to engage employees by designing their own personalized courses, or having them participate in courses created by others.
Corporate training has become more and more important as the workplace continues to shift from a traditional setting to a hybrid environment. With work environments moving from offices, to home offices, to life on-the-go, the demands of the modern workforce have changed dramatically. In order for employees to be as successful as possible, they need skills that can be applied in any setting.
Many small to medium sized businesses are struggling to stay afloat in this sluggish economy. One of the major reasons for this is that they don't have the resources to provide their workforce with the necessary training and education needed to keep up with a constantly changing industry. For a business to survive, it needs a loyal and knowledgeable workforce.
Disruption creates opportunities to rethink things like where we do business. Work has now to a great degree become location independent. There is no single right way to design a hybrid workplace. By asking the right questions you can help each team take shape. Run tests to meet the goals of individuals, teams, and the overall organization.
Employee training is an important investment for any small to medium sized business enterprise. There are many advantages of investing in employee training. In a world where big companies have the funds to offer training for their employees, smaller businesses are left trying to figure out how to offer this too.
Fig Learning provides the tools, resources, and guidance to build an effective hybrid working experience. We recognize the challenges small and medium business leaders face with implementing this new dynamic. We guide you with a comprehensive framework and plan that can serve as an entry point and support system to build an effective hybrid experience for your organization.
If you struggle with adapting to a hybrid working model we have made it simple and manageable to deliver learning experiences that are tailored to core business challenges so you can serve your people instead of expending all your efforts on administration & tending to your software.