Hybrid working – a phenomenon empowered by significant advances in technology – is an inescapable megatrend that’s changing lives, allowing many millions of people around the world to work how and where they feel most fulfilled and most productive. And it’s a shift that’s set to continue: ongoing academic research by Stanford University and other leading institutes has predicted that between a third and a half of white-collar workers will continue to work in a hybrid way in the long term. The results of our recent survey of CEOs confirmed this prediction: threequarters told us that they expect to still be operating in a hybrid model five years from now. And they also confirmed many of the other benefits of hybrid – the majority reported increased employee happiness, improved productivity, and higher employee retention and attraction. Hybrid is also better for the planet. We recently undertook a groundbreaking research project together with Arup, looking at the environmental impact of the hybrid model in both the US and the UK. The results were staggering, showing that localised working can bring a reduction in carbon emissions of as much as 87%. From the emergence of a new C-suite member, the Chief Hybrid Officer, to the increasing role of AI in the workplace, this paper will explore some of the biggest new trends set to transform the world of work in 2024 and beyond.
IWG_White_Paper_Future_of_Work_Trends_Forecast_2024.pdf (iwgplc.com)
Credit by IWG