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The “Hybrid Equilibrium”: While fully remote work is disappearing altogether and a net decline of a four-day workweek, Hybrid work is here to stay!

By | Nicolas BEHBAHANI | Global People Analytics Leader @ Future of Work with HR KPIs expertise

📣 Nearly full-time remote work has plummeted from 34% in 2022 to 1% in 2023.

✔️ Employers are not quite ready to let go of Fridays entirely and move to a four-day workweek.

✔️ Employees were perceived to be more productive during the past 24 months.

✔️ Smaller and midsize companies are continuing to expand their physical office space, while larger companies have maintained or reduced their office footprint.

💥 Companies are utilizing Wi-Fi, badge swipes and AI technology to track space utilization and are actively seeking sharper tools to optimize office space occupancy, according to the new interesting research called third annual EY Future Workplace Index published by ERNST & YOUNG US LLP using data from large dataset of companies with 250 to 25,000+ employees.

✅Hybrid is here to stay !

Share of Remote workers 2022 & 2023

Researchers noticed that nearly full-time remote work has plummeted from 34% in 2022 to 1% in 2023.

🔥 So researchers believed that hybrid work is firmly established, and an expectation of two to three days a week in the office signifies a palpable shift away from fully remote work.

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