The Hybrid work culture is on the rise in city. It is helpful in development of flexible work spaces and development of offices providing office work experience to the work force. In this backdrop, owners of commercial land got an opportunity to get better benefits while transacting their properties. The work life of all people working under hybrid work culture would not be one and the same.
In this backdrop, land lords of commercial properties and other investors can taste success in their work devising their properties in tune with the needs of their clients and their priorities. Various IT units want to greatly reduce their office expenses. Under the Hybrid model of working, the offices need not provide office space to entire work force simultaneously. That is why the companies are reducing their office sizes considerably, thereby easing their rent burden and other expenses.
According to Global Work Space Analytics, the management would be able to save $ 11000 per annum per employee by implementing the hybrid model. The amount so saved can be channelized into their business and achieve growth. Employees and workers are spending more time at their place of residence creating new trend in suburban areas. There is scope for the employers to open hundreds of working locations in rural areas and suburban areas, several communities would develop powerfully along with the business, according to IWG founder and CEO Mark Dixon. The hybrid model is acceptable to all. It would provide a balance between work life and personal life. It would pave the way for the growth of the work force. It would create opportunities for land lords to create new work place for such work force.
