A new report has found that employers could save over $500 billion annually by transitioning to a hybrid workplace arrangement.
According to a report from Global Workplace Analytics, this could be achieved if 48 million full-time workers worked from home for half (2.5 days) of the work week, saving around $11,000 per employee.
A previous study from the firm found that 82% of office workers want to work from home for at least part of the week after the pandemic has subsided.
“Many like to make the conversation about remote work polar—either everyone is in the office or everyone is remote,” said Kate Lister, president of Global Workplace Analytics. “In reality, the majority of U.S. employees prefer a mix of both with half-time being the average desired frequency.”
Not only does this work policy help companies themselves, but employees can also serve to save around $3,000 annually, as well as time usually spent on daily commutes.
By adopting this arrangement, companies can negate the issues that come with a fully remote workforce, such as a lack of connection with colleagues and collaborative opportunities.