Hybrid model of work from home and office here to stay: report
Hybrid working is here to stay as around 63% of companies are now adopting the flexible model, according to a survey by Colliers India.
Real estate consultant Colliers interviewed office space occupants to understand their current and future work strategies.
The survey was conducted in May-June 2022 with various occupier segments and approximately 300 responses were received from occupiers. Small (less than 500 employees), medium-sized (501 to 5,000 employees) and large (more than 5,000 employees) companies participated in the survey.
“Three days a week in the office appears to be the most popular mode, promoting business goals and at the same time providing work-life balance for employees,” Colliers India said in its report – Hybrid working: Occupiers’ narrative. 2022.
According to the survey, 26% of occupants prefer 3 days a week, 17% 4 days a week, 9% 2 days a week and 11% one day a week.
No less than 28% of occupants opt for 5 days a week, while 9% move away every day.
“Interestingly, around a third of occupants surveyed revealed that their productivity increased by 5-10% due to hybrid working. Offices are now transforming into centers of collaboration and innovation, with employee well-being at the heart,” said the CEO of Colliers India. said Ramesh Nair.
“A hybrid working style must be supported by appropriate technology intervention to ensure seamless collaboration and communication,” Nair said. Colliers said about 38% of organizations said they plan to expand their portfolio over the next 6 to 18 months by leasing traditional and flex spaces.
“The majority of companies are implementing hybrid working to varying degrees, 35% highlighted that they would like to retain their existing portfolios, while 13% are looking to consolidate their office spaces,” the consultant said.
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