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

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1 THE SOURCE | THE EXECUTIVE'S GUIDE TO THE HYBRID WORKPLACE The executive's guide to the hybrid workplace BY BART WALDECK | MAY 2022 Modern enterprises often don't have a fully in-person or fully remote workforce. Some employees come to campus every day. Others are distributed across the country – or even the world – and rarely, if ever, come into the office. And plenty of employees work in the office on some days and remotely on others. This mix of virtual and in-person workforces has given rise to the hybrid workplace, also known as the dynamic workplace, where businesses adapt their physical space to accommodate both types of employees. Hybrid workplaces are becoming increasingly common and are likely here to stay. COVID-19 forced a lot of businesses to temporarily become hybrid or fully remote, and now employees and executives alike are seeing the appeal on a much larger scale. Many employees now expect this flexibility, and some business leaders are eager to reduce their real estate portfolios. In this guide to the hybrid workplace, we'll walk you through: ■ The various hybrid workplace models ■ The benefits of a hybrid workplace ■ How to implement a hybrid workplace To begin, let's look at some of the different ways businesses run a hybrid workplace. Hybrid workplace models While all hybrid workplaces have virtual and in-person workforces, there are many ways to structure them.

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