What's different since hybrid working and why we think it would improve work performance
Welcome back to another edition of Privy Presents, a newsletter specifically curated by Privy team to discuss digital identity and other closely related topics, delivered to you every Wednesday.
The pandemic has left an enduring legacy marked by heightened vigilance against viruses and a permanently altered work culture. Initially, the outbreak prompted a significant shift in the traditional work landscape, leading companies to abandon the familiar routine of daily commutes and pivot to remote work. Yet, as the acute phase of the pandemic waned, it gave rise to a peculiar working approach known as hybrid work, seamlessly integrating the strengths of both remote and in-person work environments.
It represents a departure from the stiff structures of a conventional office setup and offers flexibility for employees, that allows them to craft their workday around personal needs, leading to a surge in overall job satisfaction.
According to a media study conducted in 2022, the number of hybrid-working employees gradually increased after the pandemic, with the increment from 13% to 24%. 37% of them think about switching jobs if they cannot work remotely.
In fact, Accenture even revealed in their research that as much as 63% high-growth firms opted for the “Productivity everywhere” model, citing their support on the hybrid working style.
What makes hybrid working attractive?
The distinct flexibility in crafting individual schedules has significantly contributed to the appeal of this new working model. Employees have the freedom to align their work with their personal preferences. When granted the liberty to tailor their work environment, it frequently leads to reduced stress levels, heightened motivation, and a stronger sense of work-life balance.
Additionally, the elimination of daily commutes has gifted employees with invaluable extra hours in their day. This surplus time allows for personal endeavors or dedicated professional development. Consequently, individuals can approach their responsibilities with renewed energy, potentially amplifying their creativity and prowess in problem-solving.
One of the most significant changes brought about by hybrid work is the redefined importance of communication and collaboration. With teams distributed across various locations, reliance on digital tools for seamless connectivity has surged. Consequently, there's been an upsurge in the utilization of virtual communication platforms, fostering a more inclusive environment where ideas flow freely.
Additionally, it has prompted a reevaluation of the physical workspace, evolving offices into dynamic hubs designed for collaboration and innovation, rather than just individual workstations.
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Embracing a hybrid model has also compelled companies to reexamine their policies and priorities. Flexibility and adaptability have emerged as key attributes valued by organizations, enabling them to attract top talent from diverse geographical locations. Additionally, the focus has shifted from measuring productivity by hours spent at a desk to evaluating output and results, fostering a culture of trust and accountability.
Despite the variety of benefits, challenges still persist in this hybrid territory. Maintaining a cohesive company culture and ensuring equitable opportunities for both remote and in-person employees remain a priority, as well as striking the right balance between virtual and physical interactions to foster a sense of belonging and unity within the workforce.
As the world navigates through this transformative period, the hybrid work model stands as a testament to adaptability and resilience. Its potential to enhance work performance is rooted in its ability to empower individuals, foster collaboration, and prioritize united well-being.
In conclusion, by blending flexibility, connectivity, and a renewed focus on united productivity, this model holds the promise of not only improving work performance but also revolutionizing the very fabric of how we perceive and approach work in the modern era.
Thank you for reading and we’ll see you again next Wednesday!
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