In today’s fast-paced world, finding a balance between work and personal life is key to the success of modern businesses. Organizations that prioritize the mental well-being of their employees are noticing a boost in happiness and productivity. Two strategies that stand out in achieving this balance are flexible work arrangements and collaborating with trusted workspace providers.
Hybrid working offers employees the flexibility to better manage their personal and professional lives. By not being tied to a single location, workers can reduce commuting time and work from home or local spots. This setup provides them with more free time to engage in hobbies, family activities, and relaxation. Both employees and businesses enjoy increased productivity, job satisfaction, and overall well-being thanks to this flexibility.
A study by the International Workplace Group (IWG), which includes leading workspace brands like Regus, Spaces, HQ, and Signature, found that 55% of employees experience reduced stress levels with hybrid work. Additionally, 82% of workers report feeling happier and more motivated, while 72% say they are more productive. By eliminating long commutes, many employees have been able to focus more on their health, fitness, and relationships. It’s clear that a content workforce leads to improved results, and organizations adopting hybrid work structures benefit from this positive shift.
Research from Stanford University reveals that reducing commute time to just two days per week can boost a company’s output by 3% to 4%. According to IWG CEO Mark Dixon, “When employees don’t need to be in the office every day, they realize how much time they were wasting commuting.” Companies are increasingly recognizing these advantages. Higher employee satisfaction translates into greater engagement, while businesses save significant costs.
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How Hybrid Working Drives Success
Hybrid work strategies help companies enhance employee satisfaction and attract top talent. With flexible working options, businesses can recruit from a global talent pool, regardless of geographical constraints. As hybrid work continues to grow, 77% of employees now view having a nearby workstation as a priority when considering their next job. Surveys also suggest that workers equate hybrid work flexibility to a salary increase of 7% to 8%.
The importance of hybrid working is underscored by the fact that 88% of workers rank it as the top benefit they seek in a new job, according to an IWG study. Nearly half of workers would only consider job offers that offer hybrid work options. In fact, a Microsoft survey found that almost 50% of employees would be willing to leave their current jobs if hybrid working was discontinued.
Hybrid work is shaping the future of the workplace by reducing carbon emissions and allowing employees to live and work closer to their homes. As Mark Dixon reflects, “We are witnessing a historic transformation in the way people work.” Hybrid arrangements are not only enhancing work-life balance but are also contributing to a more sustainable future. Given these significant benefits, it’s clear that hybrid working is here to stay.
Explore how Regus can help you achieve a better work-life balance at regus.com/success.
