How has the workplace evolved in recent years? Until 2020, the office was the primary choice, but between 2020 and 2022, the world underwent a mandatory transition to remote work, subjecting us to a collective trial whose effects persist to this day. Presently, flexibility stands out as one of the most desirable benefits for employees, and hybrid models have emerged as a trend for companies seeking to attract highly skilled talent. This approach offers an alternative perspective on life, personal relationships, and work-life balance. (2023 State of Hybrid Work Reports)
Trends pointing to a new cycle in attracting and retaining talent.
Understanding the characteristics, needs, and lifestyles of the professionals you aim to attract to your organization is vital for both attracting and retaining talent.
According to The Current, Preferred and Future State of Remote Work, 94% of employees surveyed prefer a telework, hybrid or 100% remote model. Hybrid work is a flexible working model or methodology that combines traditional face-to-face work with remote work using a variety of digital tools.
Organizations that adapt to this new era of hybrid work and business flexibility are more likely to attract and retain talent, as well as stimulate fresh waves of innovation and growth. (McKinsey & Company “The expansion of virtual work accelerates innovation”).
A study by the Boston Consulting Group shows that in the mid-term, by 2025:
-94% of employees expect to have more flexible working hours.
-65% of companies will offer a hybrid working model.
Benefits of remote work
-Increased employee wellbeing. Better work-life balance.
Talent working remotely enjoys greater well-being and work-life balance, which translates into greater satisfaction at all levels.
-Better profiles.
Recruitment processes can be linked to better professional profiles because of the ability to work remotely.
-Increased productivity (Remote working increases productivity. Stanford University study)
In a business culture where highly, skilled talent works by goals and KPIs, work flexibility and remote working mean greater productive capacity and consequently open spaces for greater creativity and innovation.
– Sustainable profitability
Remote working not only reduces costs and travel time, it also contributes to greater profitability for companies that adopt it.
According to a study conducted by Bloomberg and Boston Consulting Group, companies that enable remote working have seen revenue growth four times faster than those that are more rigid about in-office presence.
In addition, a study by Global Workplace Analytics suggests that companies can save around 10,000€ per employee per year by enabling remote working.
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- You may also be interested in Reading: “Trust and transparency in recruitment”
