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HRM Asia

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Hybrid work: A multi-billion dollar productivity catalyst for businesses

  • Organizations embracing hybrid work arrangements can boost productivity by 11% over the next five years, as per a report by IWG and Arup.
  • Reducing commuting time allows employees to allocate more time to work-related tasks, with 67% experiencing higher productivity in flexible workspaces compared to remote work.
  • Hybrid working could lead to significant economic benefits, with the US potentially gaining US$566 billion by 2045 and the UK seeing a £46 billion annual increase in value.
  • Asia-Pacific countries like Singapore are embracing hybrid work models to enhance productivity, with a focus on decentralised business hubs and cost savings for employees.

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