Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report highlights the significant shift towards hybrid working arrangements post-COVID-19, with 43% of surveyed organizations fully committed to this model, reflecting a move away from traditional office-based work [4][20] - Key motivations for employees to return to the office include collaboration, meetings, and team activities, which are seen as essential for relationship building and knowledge sharing [4][28] - The report emphasizes the benefits of hybrid working, including increased flexibility (95% of respondents) and a happier workforce (88%), while also noting challenges such as underutilized office space (60%) and onboarding new employees (55%) [4][31][35] Summary by Sections Study Background and Aims - The report is based on a survey conducted by the Scottish Futures Trust (SFT) to analyze working patterns and preferences in the context of hybrid working [5][6] Current Working Patterns - The survey indicates that all organizations have moved away from a predominantly office-based model, with workers spending between one and three days in the office [4][20] - 93% of respondents reported their organizations working between 1 and 3 days in the office, with 45% having no mandated office days [21] Preferences and Motivations for Hybrid Working - Employees aged 26-35 show the highest preference for hybrid working at 74%, while very few prefer fully office-based work [24] - The main reasons for office attendance include interactive activities, meetings, and team collaboration [28] Impacts of Hybrid Working - Organizational benefits include a more flexible workforce and improved employee satisfaction, with 60% of employees citing hybrid working practices as a factor in their decision to stay with their organization [31] - Individual benefits reported include better work-life balance and increased autonomy [33] Designing Workplaces for the Future - The report suggests that organizations are likely to reduce office space, with 53% already having done so and 34% planning to do so [40] - Best practices include providing employees with the necessary tools and autonomy to work flexibly [41][43]