Ditching the commute is now saving workers around the world an average of 72 minutes per day according to the latest report from the National Bureau of Economic Research.
For employees, this isn’t just a precious 72 minutes back, it’s also; a reduction in your daily stress levels caused by the commute, extra money in your pocket saved by not commuting, and for most, a reduction in your carbon footprint. All of the above add up to be one of the best work perks of the 21st century.
For employers, and specifically those that are thinking about bringing their staff back into the office permanently with the lure of improved perks, it’s worth looking at what this means for you.
By trusting your employees with the flexibility of hybrid working, you’re not only giving them the gift of time, reducing their daily stress levels and effectively a pay increase, you’re also giving them freedom and respect by letting them manage their own work life balance.
What’s more, the research also found that 40% of workers put that extra time back into their primary job or worked on a side hustle. Another 34% used that time to further improve their mental wellbeing by spending it exercising or relaxing.
So if your looking to provide your employees with best in class perks, forget the free fruit and the high streets shopping discounts, provide them with the freedom and the tools to work hybrid, and watch them become happier, more productive or both.