By: Nick Gallimore – Director of Talent Transformation & Insight at Clear Review (an Advanced company)
Hybrid working and the Great Resignation
The era of the Great Resignation is now truly underway, with around 50% of UK workers considering a job move! Many factors could make the difference between staff staying at your organisation, or looking for work elsewhere. One of the biggest factors for many is the hybrid working model their organisation chooses to implement.
A recent survey carried out by Advanced shows us that less than 10% of staff wish to return to working in the office full time, with the vast majority favouring the idea of some type of hybrid working set up. But if handled incorrectly, hybrid working could have a negative effect on team dynamics, staff morale, productivity, and how your staff feel about you as an employer.
As a result staff could be more likely to leave your organisation in order to go somewhere with a hybrid model that better suits their wants and needs.
What’s the answer?
So what is the right hybrid working model? Advanced’s research shows that the wants from staff an incredibly varied, with no clear winner for the preferred split of remote and office split.
Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!
By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.
50% of respondents wanted to spend no more than half the week in the office, 20% were happy to spend between 60% and 80% of their time at work and nearly a quarter (24%) wished to spend between 80% and 90% at home.
Empower your employees
We can see the split in demand from hybrid working, and the most logical answer for this is simple: different people work better in different settings, and different roles / tasks are done better in different settings.
Creating an organisational culture where individuals are empowered to deliver outcomes by doing tasks wherever and whenever they want will deliver the best outcome. We believe that employers who can achieve this stand to be well positioned to profit from improved productivity and retention.
So, rather than asking staff to come into the office, for example, every Monday and Thursday, or a minimum of 3 days a week, ask them instead to be in the environment that best suits the task they are carrying out.
Conclusion
There is no one size fits all solution when it comes to hybrid working, this will be a lengthy process of trial and error. Just ensure that you main priority is the wellbeing of your work force, and keep having open and honest communication with them. As long as you are clear with staff about guidelines, and honest about why you have put them in place, you’re already on the right track.
Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication’s content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.
