Employee turnover drains time, money, and expertise. But what if there was a way to keep your best people engaged? Research shows hybrid working helps businesses retain employees by offering flexibility and work-life balance. Why does it work so well? And how can companies get the most out of it? In this blog, we break down the benefits of hybrid work and how it reduces employee turnover.
What is hybrid working and why does it reduce employee turnover?
The way we work has changed permanently. Employees no longer want to be in the office full-time: 90% of professionals state that they want to continue working in a hybrid model.
But why? Hybrid working offers flexibility and autonomy, two key factors for job satisfaction. Employees experience less stress and can better balance their work and personal lives, making them more productive and happier. This results in a better overall employee experience and reduces the likelihood of job changes. According to research, hybrid working reduces employee turnover by 33%, particularly among non-managers, women, and employees with long commutes. For companies it’s a win-win: retain talent and save on hiring costs.
The benefits of hybrid working for businesses
1. Cost savings
Replacing an employee isn’t cheap—it can cost up to 200% of their annual salary in hiring, training, and lost productivity. Lower turnover leads to direct cost savings and a more stable work environment.
2. Increased productivity
Research shows that hybrid employees are just as productive as those in the office full-time. By giving them the freedom to choose where and when they work, they can focus better and work more efficiently.
3. Higher employee satisfaction
Employees feel more engaged and valued because they have greater control over their work environment and schedule. When their needs and preferences are met, job satisfaction increases, reducing the likelihood of them looking for another job.
How companies can optimise hybrid working
To maximise the benefits of hybrid work, companies should implement a clear strategy:
Offer desk sharing and communicate clear guidelines on hybrid working.
Use technology, such as a desk booking system, to improve efficiency and collaboration. Many companies using workplace reservation solutions report that employees find it easier to connect with colleagues and collaborate more smoothly. This not only enhances team engagement but also optimises office space usage.
Encourage in-person interactions by organising regular team days and group activities.
Conclusion
Hybrid working is not a temporary trend—it is a strategic decision to improve employee retention. Lower turnover, reduced costs, and happier teams make it a win for businesses. Companies that implement hybrid work effectively strengthen their competitive position and create a future-proof work environment.
Want to learn how to implement hybrid working successfully? Discover how Flexwhere can support your organisation with smart workplace management solutions.
