HR Connect with Upali Rathnayake

How Does Hybrid Work Model Works in Moderns  Businesses?                               

Introduction

 Nowadays the majority of organizations are taking a hybrid approach to the modern workplace continuing to operate after remaining open throughout the COVID-19 pandemic, and many office jobs announcing that their temporary remote work arrangements will become permanent.

Furthermore, many local and multinational corporations all over the world have started thinking about workarounds to begin hybrid work arrangements for continuity of operation even in the face of instability, among other advantages. Even though it was only launched temporarily, it has been used long after the pandemic, and it has become established due to the benefits it has brought the organization.

What Is a Hybrid Workplace Model?

Employees in a hybrid work style spend part of their time in the company office and part of their time working elsewhere. Although the company is remote-first in the sense that most employees do not have to work from the company office on a daily basis, the hybrid model still allows for work from home (WFH) or some central corporate office work.

The hybrid model might be of two types:

·         When employees are required to be present in the office is decided by the company. Companies may pre-designate a specific number of days or days of the week for employees to be in-house to allow for rotating schedules, department synergy, and office capacity for adhering to social distancing.

·         The employee meets with their management to discuss their preferences and create a schedule that is mutually agreeable. Employees can work at the office as frequently or infrequently as they like if their job function does not require them to be physically there.

This hybrid paradigm will result in the transformation of business models.

Work From Home (WFH)

WFH indicates that an employee is working from their home, flat, or place of residence rather than the office. Many businesses have a WFH policy, often known as a remote work policy, that allows their employees to work from home either full-time or as needed.           

Benefits of Hybrid Working Model

Hybrid Working Model benefits mainly happens 03 areas

1.       Employee

2.       Employer/Company

3.       Society  

 

(01)  Benefits to Employee 

·         Improved Employee Wellbeing

·         Effective Increase in Income of Employee

·         Increased Mobility

(02)  Benefits to Employer/Company 

·        Reduced real estate costs.

·         Improved worker productivity

·         Improved retention rates

·         Bigger talent pool

·         Ability to grow headcount without added space costs.

·         Improved visibility of senior leaders

 

(03)  Benefits to Society 

·         Environmental benefits

·         A healthier society

 

References

·         https://www.advanced-workplace.com/what-are-the-benefits-of-hybrid-working/

·         https://www.youtube.com/watch?v=OCnboNWVHV4