Hybrid work statistics have become a focal point in understanding workplace evolution, a concept that was relatively unheard of just four years ago. Prior to the pandemic, the hybrid work model wasn’t a significant trend, making it challenging to gauge its current popularity accurately.
However, research, including studies by the Pew Research Center, indicates that hybrid and remote work structures have seen an exponential increase, growing three to tenfold since 2019.
In the post-pandemic era, small businesses are closely analyzing the impact of new employee flexibility expectations. Hybrid work statistics show that offering hybrid working options can be a powerful tool for recruitment and retention in the competitive talent market.
When considering whether to maintain your current work model or implement a new one, having access to robust data and well-researched insights is crucial. This post aims to guide you through what the human resources community understands about hybrid work and what aspects are still being explored.
Although the decision to offer hybrid or remote work ultimately rests with each business, insights from hybrid work statistics and expertise from HR professionals, such as those at Axcet HR Solutions, can aid in making a well-informed decision.
RELATED: How to Know if Remote Employees Are Working >>
When it comes to making an ultimate decision regarding whether to allow hybrid work at your small business, numbers can be very illuminating. The 2022 edition of consultancy, McKinsey & Co.’s American Opportunity Survey, provides valuable insights and hybrid work statistics gathered from an analysis of 25,000 employee experiences across the United States.
Here are some of the most helpful hybrid work statistics for managers that were uncovered by this survey:
As the hybrid work model statistics above show, offering hybrid work can be a fantastic way to draw in talent. Employees are willing to make big changes—even leave their current jobs—for the option to work from home at least part of the time.
A Bankrate survey, whose details were published in The Hill, reveals that almost three-quarters (73%) of employees “who support a hybrid work schedule similarly said they would make sacrifices to make it happen. Another 37% said they would change jobs or industries for hybrid work.”
As you’re deciding whether to implement a hybrid work schedule, it’s helpful to gather hybrid work statistics from businesses around you and benchmark your offerings against the competition. A great first step is to compare your work models to those of other businesses, not just in your area, but also in your industry. An experienced professional employer organization (PEO) can help you conduct benchmarking analysis specific to your area.
In the meantime, here are the facts at an industry level as reported by McKinsey & Co.:
Research and consulting firm Gartner found that “the most successful hybrid models encompass three main categories of explicit norms.” The ones that get it right:
RELATED: Remote Work Is Here to Stay - 5 Ways Employers Can Make It a Win >>
No matter where you are in the process of exploring hybrid working flexibility, the HR experts at Axcet HR Solutions are here to help. Whether you’re looking to craft a hybrid work policy that’s perfect for recruiting and retaining the best talent, if you’d like to benchmark what your business can offer in comparison to others, or if you’re considering leadership training before moving toward a hybrid work model, you can lean on us.
Find out more about how Axcet HR Solutions can help you with a full suite of HR tasks, including decoding the hybrid work model. Reach out to our experienced HR consultants today.