And companies are listening: they know the choices organizations make now will be crucial, especially as they race to attract and retain talent in a competitive marketplace. According to Accenture’s Future of Work Study 2021, for example, 83% of employees prefer a hybrid work model. And in some industries, even a one to two percent productivity change can make a pretty big difference.”Īll of this is taking place in a business landscape where more and more employees are demanding continued flexibility post-pandemic. “We have to reinvent how we’re going to work together and if we don’t get the hybrid model right, the company is not going to be as productive. “I see hybrid work as one of those things companies have to get right,” says Deniz Caglar, a principal in PwC’s US organization strategy practice. A CNBC survey of executives in human resources, finance, and technology found that just under half of companies will use a hybrid work model in the second half of 2021. Now, an equally widespread disruption is underway in the form of hybrid work: while some organizations are insisting workers return to the office full-time, many are prepping for a new normal where employees spend some days in the office and some days working remotely, with a combination of virtual and in-person meetings and collaboration. And a December 2020 survey by PwC found that 34% of employees said they were more productive than before the pandemic, while over half of executives said average employee productivity had improved. An April 2021 study from the Becker Friedman Institute at the University of Chicago examined companies’ post-covid remote work plans and found a predicted productivity boost of 5% for the US economy. Skepticism about how productive employees could be if they worked from home also eroded.
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