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lmost three-quarters of companies say they’ve reduce the price of their workplaces amid the continued shift in direction of hybrid working, in response to new analysis.
More than half of companies have workplace or co-working area outdoors metropolis centres, the analysis carried out by workplace and actual property agency IWG has discovered.
Mark Dixon, chief government officer of the Regus operator, mentioned the times of anticipating employees to make an “unproductive and expensive commute” are “long gone”.
The newest knowledge from greater than 500 enterprise bosses throughout the UK discovered that 82% of corporations have reconfigured their workplace footprints to higher go well with hybrid working.
It’s clear that the previous methods of working, with a day by day unproductive and costly commute, are lengthy gone
The majority of adjustments to workspaces have been designed to permit employees to work in workplaces and co-working areas nearer to the place they reside, in response to the survey.
It additionally discovered 54% of companies have workplace or co-working area outdoors metropolis centres whereas 38% have opted for secondary areas within the coronary heart of commuter cities.
As a end result, 73% mentioned they decreased the price of their workplace footprint.
Companies additionally prompt they’re benefiting financially from their workers having shorter commutes, with 36% saying they have been paying much less in bills for employees journey.
Mr Dixon mentioned: “It’s clear that the old ways of working, with a daily unproductive and expensive commute, are long gone.
“Businesses are realising that not only does hybrid working make sense for their bottom lines, it also benefits their workforces.
“It’s encouraging to see that businesses are translating their hybrid working savings into real benefits for employees.
“Not only does this help in the immediate term, with improved productivity and wellbeing, but it will also help them retain and recruit the best talent.”