Security News > 2021 > July > Employers permanently moving to a more flexible work model

Profitability plays an important role for a flexible work model.
When considering why employers are permanently moving to a more flexible work model, profitability plays an important role.
62% of European business leaders reported that hybrid working makes companies more profitable with Enterprise businesses the most likely to think so versus small and medium-sized companies.
European organizations are already planning ahead to a post-pandemic work environment, with 3% of business leaders aiming to maintain the same amount of office space, even with the rise of hybrid work.
As businesses move to a hybrid and flexible work model, technology plays a crucial role in enabling this shift.
Frank Weishaupt, CEO of Owl Labs says, "It's encouraging to see business leaders across Europe embrace hybrid work post-pandemic. As organizations have adapted to working remotely, they've seen the benefits. The ability to hire remote teams from anywhere, leverage new technologies whilst saving on costs. We know that technology will continue to play a key role in supporting this permanent shift to hybrid work, and businesses that will be successful will create the infrastructure and workplace policies that enable their employees to maintain high levels of creativity and collaboration, wherever they dial-in from."
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