Benefits of Hybrid Working for Startup
The pandemic hits the world economy like a thunderbolt. We never saw it coming, but we are forced to adapt quickly. Like many catastrophes in the past, humanity once again manages to survive. Following the coronavirus outbreak, we observe many businesses temporarily shift their working method from the traditional work in the office to Work from Home (WFH), some Fast-growing startups even completely turn into full remote working companies.
As time goes by, companies start to discover more opportunities. Lately, we can see the trend of companies implementing a hybrid working method. If planned and executed properly, hybrid working can bring many benefits to businesses.
What is Hybrid Working?
A hybrid working model is a mix of Working From Office (WFO) and Working From Home (WFH). Hybrid working allows employees to work flexibly from various locations.
Benefits of Hybrid Working
1. Increase Employees’ Mental Health
Companies are starting to pay more attention to their employees’ mental health in this modern era. According to WHO, the global economy loses $1 trillion every year due to employees’ depression and anxiety. Hybrid working is one of the methods to increase employees’ mental health. Working from the office can be exhausting and make employees feel disconnected from their support system (family and friends). It is daunting to miss your child’s first step because you’re away from home for your 9 to 5 job. On the other hand, although working from home can feel good for many, spending too much time at home can feel isolated and lonely. Hybrid working becomes beneficial because it allows employees to find work-life balance.
2. Increase Employees’ Productivity
Working from an office cubicle doesn’t always guarantee productivity. Everyone has different ways to tap their optimal state of mind. Some people might be the most productive when away from distraction, while others like to work from a cafe. Employees’ work flexibility can be an advantage for your startup. Employees can choose their own working pace according to their schedule and a system that works best. Because of this flexibility, employees can be more productive in their work.
3. Lower Cost
Another benefit of hybrid working is it helps businesses reduce costs for employees. Because not every employer is working from the office, companies don’t need to pay a lot to maintain their office workspace. Lesser employees that work in the office means less space, energy usage, morning coffee, free lunch, and other office consumption, which translates to less spending.
4. Large Employee Talent Pool
Indonesia is an archipelagic country, which means we are separated by sea. Working from the office frequently becomes a hindrance for companies to access the best talent there is. Not all the best talent is located in Jakarta, and sometimes they are located in other locations as well. When companies are only open to job seekers who are willing to work on-site, they lose many opportunities to hire talent who are far from the office.
The next benefit of hybrid working is it allows meetings to be held virtually. A virtual meeting is convenient because we can do it quickly without spending much time and money on commuting lines. Wasting a lot of time on public transportation just for a quick meeting is not worth it. Because of this, hybrid working will help get things done more quickly.
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