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CoreNet Global - The Executive's Guide to the Hybrid Workplace (May 2022)

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2 THE SOURCE | THE EXECUTIVE'S GUIDE TO THE HYBRID WORKPLACE For example, you might want greater control over how your space gets used to optimize utilization, or you might want maximum flexibility to increase employee satisfaction. Most businesses fall somewhere between a fixed or flexible model, balancing their facility's capabilities and their employees' desires. The trick is to ensure that you always have enough supply of space to keep up with demand, whether that demand is fixed or dynamic. Facilitating a hybrid workplace means you won't need the same number of dedicated workstations as you would with a completely in-person workforce. Still, you'll have to decide how much space to allocate for hoteling and where remote employees can reserve areas to work on campus. That all depends on whether your hybrid workplace uses a fixed or flexible model, and how you've defined your work from home (WFH) policy. Fixed model In a fixed hybrid workplace, you decide who works remotely and when. Your virtual employees might have a set schedule for when they're remote and when they have to be on campus, or you might simply have set employees who are always remote and others who are always on campus. This is more common in organizations where some roles can't be performed remotely or where your workforce is more distributed. Flexible model A flexible hybrid workplace gives employees more control over their work environment. They might have a limited number of days they can work remotely each week or month, or they could have complete freedom to decide which days, if any, they come to campus. Depending on the type of work being performed, employees might also be able to set their own hours as well. Offering this level of flexibility requires a greater percentage of reservable workspaces, as you will have to expect more variance in where and how people want to work each day. However you run your hybrid workplace, it's essential that you understand how your space is being used day to day and that you manage it accordingly. The trick is to ensure that you always have enough supply of space to keep up with demand, whether that demand is fixed or dynamic. Benefits of a hybrid workplace Hybrid workplaces have several key advantages that benefit your business and your employees. While many of these benefits come from simply having some remote employees, by continuing to use physical office space, a hybrid model can keep your business flexible in other ways as well. Increase employee satisfaction and wellness When employees can control when and how they work, it's easier to maintain a healthy work-life balance. If your WFH policy doesn't include a set work schedule each day, employees can plan their workday around childcare, social activities, errands, appointments, and

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