HOW HR LEADERS SEE HYBRID WORKING NOW

Investment Rating - The report emphasizes the hybrid working model as a critical differentiator for companies in attracting and retaining talent, indicating a strong positive outlook for businesses adopting this model [3][21][50]. Core Insights - The hybrid working model is essential for modern companies to thrive, as it leads to happier, more loyal employees and enhances productivity [5][24][30]. - A significant majority of HR leaders (92%) utilize hybrid working as a recruitment tool, with 85% citing it as effective for retention [10][30]. - The demand for local flexible workspaces is increasing, aligning with the concept of '15-minute cities' where daily necessities are accessible within a short distance [39][40]. Summary by Sections Introduction - Hybrid working is a top employee benefit for attracting and retaining talent, with companies lacking this option struggling to recruit quality employees [3][4]. Importance of Hybrid Working - The hybrid model is confirmed as crucial for talent acquisition, with a notable exodus of talent from companies that do not offer flexibility [4][5]. - HR leaders agree that hybrid working improves work-life balance and job satisfaction, driving productivity [5][24]. Recruitment and Retention - 92% of HR leaders use hybrid working to recruit talent, and 75% of candidates have declined roles due to lack of hybrid options [10][12]. - Over 77% of HR leaders believe offering office space close to home aids in talent acquisition [11]. Employee Wellbeing - Hybrid working is linked to improved employee wellbeing, with 86% of hybrid workers feeling less drained and better able to cope with daily life [27][25]. - The model is seen as a major wellness benefit, with 57% citing improved work-life balance as a key advantage [25]. Productivity - 85% of HR leaders believe hybrid working increases productivity, with 56% of hybrid workers reporting higher productivity compared to full-time office work [30][18]. - Academic studies suggest a productivity increase of around 3% to 4% due to hybrid working [30][18]. Equity and Inclusion - The hybrid model supports a more inclusive workforce, allowing individuals with caregiving responsibilities to remain employed [33][34]. - Companies adopting flexible working policies have seen improvements in recruitment and retention, particularly among diverse groups [35]. Learning and Development - 81% of HR leaders state that the hybrid model provides an optimal environment for employee learning and development [44][47]. - The model allows for both in-person mentoring and self-directed learning, appealing particularly to younger generations [45][46]. Conclusion - The hybrid working model is a powerful tool for companies to attract and retain top talent, significantly impacting overall business success [49][50].