Real Estate Investor Magazine May 2023 Edition | Page 102

COMMERCIAL
Four ways businesses benefit from a human-oriented approach to hybrid :
1 . Improved employee performance
It ’ s a universally acknowledged truth that happier , healthier employees perform better than their overworked , overstressed and burnt-out counterparts . Gartner ’ s latest study backs this up , stating that companies that offer flexibility , empathetic management , and intentional collaboration are 3.8 times more likely to enjoy higher employee performance and 3.1 times more likely to experience lower levels of employee fatigue . Research from IWG found that 31 % of employees reported being more productive under the hybrid working model .
Furthermore , this approach to working can drastically reduce ‘ productivity theatre ’, where employees feel the need to look busy rather than focusing on doing their job in the way that suits them best . Employees are allowed to work asynchronously , approaching tasks in their preferred hours using the methodologies that suit them best .
2 . Increased employee retention
High levels of employee turnover can be both disruptive and expensive for companies . Gartner ’ s study reveals that businesses with a humancentric approach to hybrid working are 3.2 times more likely to enjoy higher levels of employee retention . This backs up findings from Regus itself , with hybrid work helping to retain the best talent in an increasingly competitive employment market .
3 . Improved recruitment
Data from IWG global leader in hybrid work solutions and workspace brands and their HR Leaders & Hybrid Working Report suggests that adopting a people-first approach to hybrid working not only aids retention but makes it easier
101 APRIL / MAY 2023 SA Real Estate Investor Magazine