Summary
A new study reveals that executives expect hybrid remote working to increase in the coming years. The study, conducted by the Conference Board and Russell Reynolds Associates, surveyed over 1,200 executives from various industries. The findings suggest that remote work is here to stay, with 77% of respondents stating that they expect the proportion of employees working remotely at least three days a week to increase by 2023.
Key Takeaways for HR Leaders:
1. Hybrid remote working is the future: The study highlights that the future of work will be a blend of remote and in-person work. HR leaders need to prepare for this shift and develop policies and strategies that support a hybrid work environment.
2. Flexibility is key: The study indicates that employees value flexibility in their work arrangements. HR leaders should consider implementing flexible work schedules and policies that accommodate employees’ personal needs and preferences.
3. Remote work benefits are recognized: Executives acknowledge the benefits of remote work, including increased productivity, cost savings, and improved work-life balance. HR leaders should leverage these benefits when advocating for remote work options within their organizations.
4. Communication and collaboration are crucial: With remote work becoming more prevalent, HR leaders need to focus on maintaining effective communication and collaboration among remote teams. This may involve investing in technology tools and platforms that facilitate virtual meetings and teamwork.
5. Employee well-being is a priority: The study reveals that employee well-being is a top concern for executives. HR leaders should prioritize initiatives that support employee mental health and well-being, such as providing resources for remote workers, promoting work-life balance, and fostering a positive company culture.
6. Talent acquisition and retention strategies need to adapt: As remote work becomes more common, HR leaders should review their talent acquisition and retention strategies. This may involve rethinking recruitment processes, offering remote work options to attract top talent, and providing opportunities for professional development and growth for remote employees.
7. Embrace change and adaptability: The study underscores the importance of embracing change and adaptability in the workplace. HR leaders should be open to new ways of working and be willing to experiment with different approaches to meet the evolving needs of their workforce.
Overall, the study suggests that hybrid remote working is likely to become the norm in the coming years. HR leaders need to be proactive in preparing for this shift and ensuring that their organizations are equipped to thrive in a hybrid work environment.
