While different legislations around the world may impact such arrangements in various industries, perspectives from CEOs are the focus here
Based on a June 2024 survey of around 500 CEOs on workplace trends, a firm dealing in hybrid-work solutions has disclosed some findings from the data.
First, around 90% of the respondents indicated they had implemented hybrid working policies, and 74% cited that asking employees to be in the office on full-day schedules was not a business priority.
Second, 73% of respondents in the CEO survey agreed to prompts that adopting hybrid work policies has enabled them to attract and hire the best talent. Also, 71% indicated they have been able to consider and subsequently offer roles to a more diverse range of candidates.
Third, 65% of CEOs in the survey believed they would lose talented people if they insisted on their employees being present in a central office every day. Some 94% had invested in new technology to improve their staffs’ hybrid experience in the past year, with 43% indicating this had been their top investment in the last 12 months.
Citing findings from other disparate surveys (of HR leaders), the CEO survey report authors have inferred that CEOs of hybrid businesses see increased employee happiness, improved employee productivity and higher employee retention and attraction from implementing hybrid work. Some 74% of respondents in those surveys had reported their firms were expected to be operating in a hybrid model in five years’ time. Other findings from separate surveys from UK firms and Singapore workplaces have also been used to link to the CEO survey, but are not listed here, for editorial focus.
According to Mark Dixon, Chief Executive Officer, International Workplace Group, the firm that commissioned the survey: “The uptake of hybrid working is continuing to increase as companies of all sizes understand its importance in creating an optimal environment for both the productivity of the business and the happiness of its employees to thrive.”
