Hybrid work statistics tell us that the traditional work environment is evolving. Fewer workers are showing up to the same workplace five days a week. Instead, many companies are embracing hybrid work, where part of the week is worked in the office and the rest is worked remotely, usually from the employee’s home.
In this article, we will cover the latest statistics released by Zoom on the prevalence of remote work, the benefits and challenges of remote work.
1. Engagement Rates
As of February 2024, hybrid workers have the highest engagement rates at 35%, followed by fully remote employees at 33% and in-office employees at 27%. (Gallup)
2. Organizational Flexibility
95% of business leaders say their organization has become more flexible in the past two years, and 82% have plans to become more flexible in the next two years. (Zoom)
3. Saving on Office Space
Employers could save around 50% on traditional office space and real estate by adopting a hybrid work model. (IWG)
4. Reasons to Work in the Office
83% of male employees say the reason they go into the office full-time is because the company requires it. (The Flex Report)
5. Growth of Hybrid Workers
By 2023, the number of hybrid workers in the US reached 29%. (WFH Research)
6. Savings for Remote Worker
The average U.S. employer can save $11,000 each year for every remote worker who works a two- or three-day hybrid schedule. (GWA)
7. Preference for Hybrid Models
25% of employees would prefer a hybrid model with flexible schedules if they changed employers. (Zoom)
8. Sector Preferences
The HR sector is more likely than others to prefer the hybrid work model, followed by the legal and IT sectors. (Boundless HQ)
9. Hybrid Work in the Legal Sector
32% of professionals in the legal industry are working a hybrid schedule, and 11% are working completely remotely. (US Legal Support)
10. Industries with Less Remote Work
Food service, transportation and manufacturing industries have the lowest rates of remote and hybrid work, in part due to the need for physical interaction. (American Economic Association)
11. Hybrid Employee Productivity
90% of hybrid employees say they are just as productive or more productive in their current work style than when they worked in the office. (Owl Labs)
12. Team Productivity
Nearly 80% of managers say their team is more productive when working hybrid or remotely. (Owl Labs)
13. Remote Employee Energy
In 2023, 48% of hybrid and remote employees reported feeling more energized than the previous year. (Buffer).
14. Increase in Flexible Job Offers
In Australia and Canada, the number of open job openings for flexible work models rose from 1% or less in 2019 to more than 10% in 2023. (NBER)
15. Transition to Flexible Models in Asia
In 2022, 66% of companies in Asia Pacific transitioned to flexible work models as the “new normal.” (CBRE)
16. Flexible working in Europe
37% of European professionals have a flexible working model, while 41% are still expected to work in the office. (ADP Research Institute)
17. Future of the Four-Day Workweek
By 2023, 30% of professionals in Australia believe that the flexible model of a four-day workweek will soon become standard practice. (ADP Research Institute)
18. Expectation of Salary Increase
About 29% of hybrid and remote workers say they would expect a pay increase if they could no longer work remotely. (Owl Labs)
19. Search for New Jobs
75% of millennials and 77% of Gen Z who are working from home or in a hybrid manner would look for a new job if they were asked to return to the office full-time. (Deloitte)
20. Symptoms of Exhaustion
Hybrid workers experience symptoms of burnout 15% less frequently than their office-based counterparts. (IE Center for Health and Well-Being)
21. Reduction of Waivers
Implementing a hybrid arrangement can reduce the rate of resignations of the professionals involved by 35%. (Brookings)
22. Reduced Costs for CEOs
90% of CEOs say adopting a hybrid work model is a direct reason for cost reduction. (IWG)
23. Effect of Office Policies
66% of executives believe their office work policies did not have a positive effect on team productivity. (The Flex Report)
24. Obstacles in Contracting
20% of employers experiencing difficulty recruiting qualified talent believe their office-based work requirements are the main obstacle. (Robert Half)
What it means to be a hybrid company
According to Scoop’s quarterly Flex Index, flexible work arrangements can be divided into three main categories: fully flexible, structured hybrid, and full-time in-office.
Fully flexible: These are work environments where employees have complete control over whether they come into the office or work remotely. Fully flexible companies typically follow one of two models: fully remote or employee choice.
Structured Hybrid: This model combines the advantages of remote work with mandatory in-office days, where employees are expected to be in the office on certain days of the week. Employers can establish these office mandates in a number of ways:
- Set a minimum number of days an employee must work in the office.
- Set specific days of the week when employees must work in the office.
- Set a minimum percentage of time that an employee needs to be in the office.
Full-time office: This is pretty self-explanatory. Companies that are full-time office-based do not allow their employees to work anywhere outside of the office.