As we pointed out in our last blog post in April, a hybrid work model is defined by the combination of working from home and trips to a place of business. Since the pandemic, many of us have adopted hybrid work models. Instead of transitioning from our home offices back to the office, we have combined the two.
In that previous blog on the subject, we discussed a few of the main benefits of a hybrid work model. They included better mental health for workers, having a wider pool of employees to choose from and getting more opportunities for learning. But there’s more!
Here are four good reasons to employ a hybrid work model:
1. It betters work-life balance.
For so many people, balancing time between home and work is incredibly difficult. However, with a hybrid work model, a worker can much more easily enjoy work-life balance. As Victoria Garment notes on Parallels.com, work-life balance is a vital aspect of any healthy working environment because it helps to prevent burnouts and minimize stress.
“An analysis by Harvard Business Review shows that physical and psychological problems arising from burnouts cost organizations in the US between $125 and $190 billion a year in healthcare spending,” she reports, “These costs only increase when you factor in effects like increased turnover, loss of talent, and lower productivity.”
2. It increases productivity and employee satisfaction.
Many employers may assume that their workers will slack off if they are not under watchful eyes. This, however, hasn’t been proven true over the past couple of years. In fact, the opposite is factual. Employees who work with flexible schedules, such as the hybrid work model, find that they are more empowered. This has had a positive impact on their productivity.
“With a hybrid work model, employees can work in an environment that best suits their work-related needs; for some, they may thrive working from home, whereas others may need a quiet and distraction-free workspace in an office,” says mobile application solution, billie, “This level of autonomy to work from home or in an office, or a combination of both also helps increase employee satisfaction because it allows employees to feel a greater level of trust between themselves and their employees.”
3. It improves employer-employee trust.
Naturally, employees who work from home need to be trusted by their employers. Technically, without any supervision, workers can spend their days doing what they please. Of course, reliable employees will complete tasks efficiently without any supervision. This, of course, helps to build trust between workers and their bosses.
“A hybrid work model helps employees gain the trust of their employers by allowing them to show that they’re just as productive, if not more so, working remotely as they are when in the office,” says Garment, “The flexibility of a hybrid work model can also improve staff loyalty by helping employees feel empowered by management to complete their work on their own terms.”
4. You can accept digital payments from home.
With Unity Payments’ Virtual Terminals, you can turn your computer or mobile phone into a credit card terminal and begin seamlessly processing secure remote commerce and over-the-phone credit card transactions. Please don’t hesitate to call us at 1-800-661-3761 or email us at info@unitypayments.ca to learn more!