What is the Hybrid Work Model? The Complete Guide for Businesses

Though by no means a new concept, the hybrid work model has been gaining attention and growing in popularity in recent years. This is largely a result of the changes COVID-19 brought to the way in which we work. Today, more and more companies are beginning to consider switching to this more flexible way of working.

But what exactly is a hybrid workplace, and what are some hybrid work model benefits? This guide will break things down so you can see whether this option may be something that could work for your business.

What Is the Hybrid Work Model?

Traditionally, the office is where most workers are used to conducting the majority of their business. Over the past year, however, workforces around the world have become familiar with a new place to work from: their homes. While some businesses already offered the option of working from home, for the vast majority of workers, this was a big change.

Now that workers and managers have experienced both, there tends to be a divide when it comes to the question of which work model is superior. The hybrid office model aims to bridge the gap between the two sides.

Hybrid work is a way of working whereby a company has both in-office and remote employees. This could mean some employees are always in-office, and some are always at home. It could also mean employees have the option to work remotely part-time and be in-office the rest of the time.

Hybrid Work Model Benefits

So, what are some of the tangible benefits that a hybrid work model offers? One of the biggest benefits of a hybrid work model is that it’s appealing to employees. Opting for this model will lead to greater job satisfaction, higher retention rates, and can also help to attract top talent.

It also has benefits for businesses. Fewer employees in-office at once means they can save money and resources. Companies stand to make huge monetary savings when they switch to a hybrid model.

If a business were to opt to rent out a coworking space, or pay for hot desking for its employees, the money it could save versus having to lease out an entire office space would be enormous. Not being tied to a lease also offers greater flexibility for your business. Using a coworking space allows you to scale your business up or down as needed.

Aside from being perfectly suited to facilitating a hybrid work model, coworking spaces also have other benefits. They tend to foster collaboration and encourage creativity. They also offer different businesses and entrepreneurs a space to mingle and interact with one another, making for amazing networking opportunities.

The Hybrid Work Model: Could It be for You?

If you’d like to improve employee morale, be able to recruit from a wider pool of talent, and save your business money, then the hybrid work model is something you should consider for your business. Consider starting your hybrid work journey by embracing coworking as your new office approach. Get in touch to discuss what options we have available to you today.