Business

Can A Hybrid Workplace Help HRs Attract and Retain Talent?

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As the working landscape is constantly evolving, leaders and HR teams are busy defining what the future of the workplace holds for them. According to a recent report from Microsoft’s 2021 Work Trend Index, around 73% of employees prefer a hybrid workplace. It explains that employees had made it clear that they are not planning to return to the office while they still want the option of office space for a few days.

The hybrid workplace model, a combination of working from the office coupled with working from anywhere, is critical in the perspective of HR for attracting and retaining diverse talent and forging a competitive advantage. The new normal reality has changed the perception of employees, employers, and the environment. 

A hybrid workplace has become the norm:

Blending the two disparate spaces has humanized the workforce unprecedentedly, demanding more flexibility and making employees look for opportunities that reflect their values and priorities. A report from Workplace Realities for 2022 has mentioned that the ability to work remotely enables flexibility for both employees and employers – expanding where employees can work from and enabling employers to raise the possibility of hiring people from anywhere.

Attract and retain talent – a solid hybrid setting is a solution:

Following the countermeasures taken to cease the pandemic spread, employees are seeking positions to work in the new reality where returning to the in-office option seems unlikely. Hence, businesses realized that switching to a hybrid workplace inevitably attracts new talents and retains existing employees. The new work model is less transactional and more transformational, requiring new and innovative approaches. 

How do hybrid workplaces help HRs attract and retain quality employees?

Transitioning to the hybrid workplace needs a strong physical and digital infrastructure; however, you need to have deep insights to make the process smooth and successful. Embracing the hybrid workplace technology will broaden your application pool and increase employee productivity as the business world navigates this new normal of work.

Scroll on to discover why a hybrid workplace will be a game changer and help the HRs to attract and retain top talents rather than losing them to competitors in this employee-centered era. 

  • More flexibility and autonomy:

Remote work became the ‘new norm’ for employees. A hybrid workplace promises flexible working, incentivizing the younger generation to trade shorter commutes. While 2021 has been the testing period for the hybrid workplace model, 2022 ensures a streamlined approach to balance the in-person and remote needs of the workforce.

  • The wider and better talent pool:

Local talent is a great addition to a business. They will take full advantage of the office perks, making the best out of them. However, why limit your talent pool to just a minimal geographical area when you have a hybrid workplace option? On a larger scale, having a modern hybrid workplace will bring out opportunities to broaden your geographical talent pool, whether from out-of-state or from out-of-country. 

Moreover, even your in-office employees might find it deterring to visit the office five days a week and wish to come in a few times a month. The hybrid workplace allows employees to work wherever they want and maintain productivity. 

  • Ensures smooth remote working experience:

Employees are less likely to quit a company if they don’t have to face outdated operating systems and apps. Hence, having a hybrid workplace with a solid IT foundation and reliable cloud-based platform will help the employers to provide a smooth remote working experience, cutting down unnecessary issues. 

  • Evident changes in the culture:

As companies are embracing the hybrid workplace, the accountability number goes up. Due to the increased focus on the well-being of the employees, they are promoting a better personal and professional life balance. Using effective communication tools through multiple channels will allow the HR leaders to initiate and sustain key attributes, including accountability, flexibility, strong communication, and employee well-being as a part of the culture.

  • A sense of purpose:

Nowadays, potential talents are no longer encouraged by the mere idea of simply working to get a pay cheque. They seek the ultimate purpose of their role, which is a good thing. A hybrid workplace is built to motivate the fundamental purpose of the responsibility of each employee, making them deliver their peak performance.

  • Competitive compensation: 

Long-term and loyal workers expect the management to recognize and reward their efforts. Hence, once the organization is prospering, showing appreciation towards employees’ contribution with compensation, an improved work environment, career opportunities, vacation days, and other reward benefits is critical.

Another reason the employees and for a hybrid workplace is its compensation packages that recognize humanity. It includes coverage for all phases of life, from parental leave to more flexible paid time off.

  • Education and career opportunities:

Organizations strongly committed to training and developing employee skills would be a key incentive for the talent to stay with them. Employees feel valued when they know that the organization is investing in their professional and personal growth. With the hybrid style, you can provide better professional and career advancement opportunities tailored to the individuals’ unique interests, strengths, and needs.

Conclusion:

The pandemic has changed many things, but not the people’s desire to work productively yet independently with a sense of belonging and camaraderie. We are now on the brink of a brand new era of work – the contemporary concept of a hybrid workplace that values a wider pool of talent and develops a strong culture. It sets your business up for ultimate future success.

After adapting to the new hybrid workplace dynamic, you might invest in technologies to attract new talent and future-proof their business. With increasingly increasing organizations shifting to smart and flexible hybrid workplaces, WorkInSync’s modernized and custom-made features will help you navigate the new normal, bolstering the bottom line.Build a standout brand and resilient organization with WorkInSync’s hybrid workplace solutions!

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