65+ Hybrid Work Statistics, Facts and Trends [2024]

October 4, 2023 0 Comments

What will the future of work be?

If you are looking for an answer to that question, this article is for you.

During the COVID-19 pandemic, many companies shifted to remote work. As the world slowly returned to normal, some organizations switched to hybrid work. It’s been 3 years since the coronavirus; will organizations still remain hybrid?

Here are some hybrid work statistics to help you understand if this work model is here to stay:

Read on to learn more about each of these areas.

With a hybrid work model, people can choose where, when, and how they work. How is this different from remote? 

In a hybrid company, some employees work part of the time in the same place, while others work remotely.

In 2023, 12.7% of full-time employees work from home, and 28.2% work in a hybrid model [1]. Employees enjoy flexibility, autonomy, and productivity thanks to this model. 

Is this the new reality? If so, how are employers and employees adapting to it?

Hang on tight as we dive into the numbers!

Top Hybrid Work Statistics: Editor’s Pick

  1. 66% of business leaders are considering redesigning their office spaces to accommodate hybrid work [2].
  2. 44% of workers preferred a hybrid work arrangement after the pandemic [3].
  3. 51% of employers support the hybrid work model [3].
  4. 63% of high-growth firms employ the “productivity everywhere” model [4].
  5. 84% of the employees working remotely say that they prefer a mix of working from home and working from an office [5]. 
  6. 74% of companies in the US are planning to implement a permanent hybrid work model [6].
  7. 83% of employees around the globe prefer a hybrid work model [4].

Hybrid Model Adoption Stats 

Here’s an overview of how companies are shifting to the hybrid work model

Companies in the US can save $11,000 per year per remote employee [6

savings on office rental costs thanks to hybrid work

Since only a fraction of employees work from the office, companies spend less on rent, cleaning, upkeep, maintenance, and transportation. It also reduces utility costs.

Hybrid work can save businesses up to 40% on office space costs [7].

51% of businesses support hybrid work [3]

More than half the companies have embraced the hybrid model because it gives them access to the talent pool in various geographical locations. 

This model has helped businesses increase performance by 22% [8].

Organizations’ average IT spending went up 6.7% from 2020 to 2021 [9]

The hybrid work model also made a lot of companies migrate to the cloud and adapt to virtual workspaces to enhance collaboration. This caused a spike in their IT spending.

72% of organizations are investing in collaboration tools, virtual meeting software, and other technology to facilitate hybrid and remote work models.

68% of employees want web-based video collaboration tools and 76% of employers have deployed them [10].

Online portals have been deployed by 51% of employers for data access [10].

Thanks to hybrid work, the collaboration software market revenue was valued at 19.5 billion U.S. dollars in 2022, and it is forecast to increase to nearly 21 billion U.S. dollars by 2025 [11].

92% of employers have no formal practice to determine the pay for partially remote employees [12]

95% of companies said they would not reduce compensation for employees who continue or transition to working remotely

When hiring new employees, 34% of employers mentioned they will not pay the same a permanent remote worker the same as an onsite employee. 

But they will adjust pay based on factors like external competitiveness (67%), geographic differences (58%), and cost of living (43%) instead.

Employees with disabilities are more likely to prefer a hybrid work model than employees without disabilities [13]

In research conducted by McKinsey, it was identified that differently-abled employees are 11% more likely to prefer the hybrid model.

The study also revealed that Gen Z & Millennial employees were 59 percent more likely to quit a non-hybrid company than Gen X.

Benefits of Hybrid Work

Why is the hybrid work model so popular among most employees and employers? Check out some of its benefits.

U.S. workers spent an average of 54 minutes commuting before the pandemic [14]

On average, an employee spent almost an hour a day commuting before the pandemic. Hybrid work has drastically reduced the time people spend traveling to work

Working remotely half-time can cut carbon footprint by 1,200 lb per year [15]

Working remotely two or four days a week can reduce an individual’s emissions by up to 29%.

People who work from home all the time can cut their emissions by up to 54%.

78% of employees believe hybrid and remote working has improved overall well-being [16]

work-life balance on hybrid work

According to a study conducted by Cisco, 79% of employees believe that their work-life balance has improved, thanks to hybrid work

The research also showed: 

  • 76% of workers have saved money through hybrid work in 2022.
  • 68% say that hybrid work has impacted their physical health positively.
  • 74% of employees believe that the hybrid model has improved their relationship with their families.
  • 82% said the option to work hybrid has made them happier and more motivated in their role.
  • 55% stated that hybrid working has reduced their stress levels.
  • 64% of employees saved at least four hours per week when they worked from home.
  • 26% of respondents saved more than 8 hours a week

Hybrid Work Stats by Generation

demand to be in-office for training
  • 37.8% of Millennials prefer working remotely three to four days per week [17].
  • 42.2% of Generation Z want to work remotely one to two days a week.
  • 21.4% of Gen X and baby boomers prefer working remotely full-time.
  • 64.2% of Millennials want an office space for collaboration, and 61.5% want it for internal meetings.
  • 51.1% of Gen Z prefer an office for regular desk work.
  • 48.9% of Gen Z want an office for training purposes, as opposed to 40.1% of Millennials and 37.4% of Gen X and Baby Boomers.
  • 49.2% of Gen X and Baby Boomers said they want to use the office for client meetings.

Employers Take on Hybrid Work

Now that you have an overview of hybrid work statistics and their adoption, let’s look at some employers’ take on this upcoming work model.

46% of employers say the demand for work from home has increased over the last 12 months [18]

During COVID, most people realized that their jobs could be done remotely. Employees were saving time and money on commuting. 

However, workers do prefer meeting their coworkers once in a while to stay connected. This has increased the demand for a hybrid work model.

38% of organizations say that more home/hybrid working has increased efficiency [18]

hybrid working has increased productivity

Hybrid work has had a positive impact on an employee’s physical and mental health. This has improved employee morale and increased productivity.

72% of employers have no formal practice in deciding the pay for fully remote employees [3]

Most organizations are still learning to navigate the changing workspaces. That’s why more than 70% of companies don’t have policies in place to decide the pay for remote employees.

39% of employers are concerned about inclusion risks [18]

Some organizations are concerned that the physical distance between teams would make people left out. 

They believe that it might affect their company’s culture and risk inclusion.

90% of employers plan to offer a hybrid model in the coming future [17]

Several businesses around the world plan to switch to a hybrid model because the pros outweigh the cons.

21% of companies would adjust their salaries based on various factors [3]

Less than half of the employers want to adjust salaries based on employee contribution, geographic location and concerns about culture.

48% of employers are concerned about security [10]

With employees working from various locations, some employees are concerned about security risks. They believe the hybrid work model creates more endpoints and potential access points for threats. 

Employees’ Opinion on Hybrid Work Model

popularity of hybrid work model

94% of employees said that productivity was the same or better than before the pandemic [19]

More than 90% of workers say that their productivity hasn’t been affected by working remotely. 

58% of the employees even said that their productivity increased with hybrid work. 

65% of employees feel less connected in the hybrid setting [20]

More than half of the employees feel that they are not connected with their teams in a hybrid work model.

The average Microsoft Teams user sends 45% more chats per week and 42% more chats per person after hours. This data proves that teams are trying their best to stay connected. [2]

60% of workers value working two to three days a week at home, the same as an 8% salary increase [21]

Most employees value flexibility and work-life balance and may be willing to accept a smaller salary increase for hybrid work.

What does the future look like for hybrid work? Let’s take a look.

72% of employers plan investments to support hybrid work [22]

70% of organizations plan to invest in IT infrastructure to support virtual connectivity

72% of executives in the US consider investments in tools for virtual collaboration as a top priority

This shows that hybrid work is here to stay. 

72% of knowledge workers will move to a hybrid model [23]

In 2022, 47% of knowledge workers wanted to switch jobs because they wanted a hybrid work model. 

These experts prefer a model where they work remotely some days and from the office on others.

About four in 10 employees want full autonomy to come and go as they wish, and six in 10 want more structure [24].

Gen Z  will account for one-third of the global workforce by 2025 [25]

Gen Z is more likely to prefer hybrid work because of its flexibility and autonomy. So, organizations need to adapt to hybrid or remote models in the near future.

25 Best Hybrid Companies to Work for in 2023

Here is the list of the best hybrid companies to work for in 2023

  1. Trello
  2. inVision
  3. American Express
  4. Insight Global, Inc.
  5. Microsoft
  6. Amazon
  7. Xerox
  8. Hilton
  9. Kelly Services
  10. Dell
  11. Intuit
  12. SAP
  13. IBM
  14. Adobe
  15. Nielsen
  16. Automattic
  17. Aetna
  18. Apple
  19. Salesforce
  20. Thomson Reuters
  21. Lockheed Martin
  22. American Heart Association
  23. Cisco
  24. Accenture
  25. JetBlue

Conclusion

Based on these various hybrid statistics, you would’ve gained insight into this thriving work model. With the growth of technology and the workforce shift, the hybrid model is gaining popularity in 2023. This growth is not going to slow down anytime soon.

Whether you’re an employer or an employee, staying updated with the latest data can help you in various ways. Follow our website for more such articles.

Sources

  1. Medium. Remote Work: Embracing Flexibility, Embracing Success.
  2. Microsoft. The Next Great Disruption Is Hybrid Work—Are We Ready1
  3. Inside Public Accounting. Survey: Employees Willing to Walk if Remote Work Means Less Compensation
  4. Accenture. Future of work research
  5. Office of National Statistics. Is Hybrid Working Here to Stay?
  6. Global Workplace Analytics. Telework in the 21st Century
  7. Officernd. Hybrid Work Cost Savings – Up To 40%
  8. Opensourced Workplace. Does Hybrid Working Increase Productivity? (According to Research)
  9. Zippia. 30 Essential Hybrid Work Statistics
  10.  Unisys. 5 Key Findings of Hybrid Work Study
  11.  Statista. Hybrid work – statistics & facts
  12. New Salary.com Survey. 83% of Employees Say They’d Leave their Job If Compensated Less for Working Remotely
  13. McKinsey & Company. Hybrid work: Making it fit with your diversity, equity, and inclusion strategy 
  14.  Slack. Moving beyond remote: Workplace transformation in the wake of Covid-19
  15.  The Guardian. People who work from home all the time ‘cut emissions by 54%’ against those in office
  16.  Cisco. Your employees are ready for hybrid work—are you?
  17.  Robert Half. 1 In 3 Remote Workers May Quit If Required To Return To The Office Full Time, Robert Half Survey Finds
  18.  CIPD. Flexible and hybrid working practices in 2023
  19. SHRM: Study Finds Productivity Not Deterred by Shift to Remote Work
  20. Deloitte. Digital & Hybrid work Survey 
  21. WFH Research. The Evolution of Working from Home
  22. Finance Online. 70 Essential Online Collaboration Software Statistics: 2023 Market Share Analysis & Data
  23. Kyndrl. Kyndryl Study Reveals 72% of Knowledge Workers in ASEAN Are Moving to a Hybrid Work Model
  24. Gallup. The Future of Hybrid Work: 5 Key Questions Answered With Data
  25. CNBC. Companies are learning that Gen Z isn’t the easiest generation to work with
  26. Owl Labs: The 25 best hybrid (remote-friendly) companies to work for. 

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