The debate over the benefits of hybrid work in the post-pandemic era is ongoing. While proponents argue that it provides a better work-life balance and increased engagement for employees, studies show that it may have negative effects on productivity and collaboration. However, a recent study published in Nature may put an end to this debate.
The study tracked over 1,600 employees of Trip.com, a Chinese travel agency, for two years and found that those who worked three days in the office and two days at home had improved job satisfaction. This group also experienced a decrease in resignation rates, especially among non-managers, female employees, and those with long commutes. Additionally, the study found that hybrid work did not affect employees’ performance or productivity.
The authors of the study concluded that hybrid work could lead to increased profits for companies by reducing turnover rates, which they estimate to cost about 50% of an individual’s annual salary. Furthermore, it provides valuable benefits to employees such as reducing commuting time and easing childcare responsibilities. Hybrid work can also benefit businesses like cafes, bars, gyms, and beauty salons which have seen increased earnings due to the rise of the work-from-home economy.
Overall, the study suggests that hybrid work may be the ideal setup for workers boosting job satisfaction and employee wellbeing potentially increasing profits for businesses.