Hybrid work is all about bringing together the best of both worlds. It’s a combination of remote work and office work that allows professionals to choose when, where, and how they want to work. Finance is one of the first industries to adopt a hybrid work model since Covid-19. In this research, Coolpo examined how hybrid work evolved in the Financial Sector at the end of 2022. Coolpo also conducted the 2022 Global Hybrid Work Report, we video-interviewed individuals from different cities around the world. The Financial Sector research reviewed how financial service professionals view hybrid work.
Check out the 2022 Global Hybrid Work Report here
78 percent of financial service professionals think working from home or another remote location means fewer distractions. And 86 percent say having an office space with other team members means increased collaboration, and faster problem-solving.
“I feel much more energized when I got to choose where I want to work from. Sometimes, the coffee shop nearby my client’s office, a library, or simply my backyard.”
97 percent of financial services professionals believe Hybrid Work helps productivity. 89 percent believe hybrid work improves the quality of their tasks. “I feel much more energized when I got to choose where I want to work from. Sometimes, the coffee shop nearby my client’s office, a library, or simply my backyard.” Financial analysts Tom Duckett.
82 percent of financial service professionals mentioned their company has invested in technology to support hybrid workplaces, including hardware and software. For example, companies have purchased different communication hardware like webcams and speakerphones. Also subscribed to different SaaS products for communication and project alignment.
50 percent of interviewees will consider resigning if the company cancels its current Hybrid Work policy. This means financial business leaders should invest in a high-performance hybrid workspace to retain talents. When employees have the flexibility to work remotely, they are less likely to feel trapped in their jobs and more likely to stay with the company.
A hybrid work policy provides employees with the opportunity to work remotely whenever they like. When employers offer hybrid work programs to their employees, employees are more likely to be satisfied with their work experience and remain committed to the organization. This is exactly the case we found in the Finance Sector. Hybrid work policies are the best of both worlds because they provide employees with the benefits of both remote and office-based work.