The Hybrid Marketplace Lets Companies Share Offices
Michael Hemsworth — January 12, 2021 — Business
References: gohybridoffice & betalist
The Hybrid marketplace is a solution for businesses that would enable them to create a customized weekly schedule that offers employees a hybrid style of work instead of having to choose between being in-office or remote full time.
The marketplace allows companies to pick days of the week that they want to work remotely and sublet their space when they aren't there. This could work to dramatically reduce the amount it costs to keep a physical office space, while also making prime real estate accessible for smaller companies or individuals.
The Hybrid marketplace targets the increasing popularity of the hybrid work style that offers a balance of in-office and work from home days to keep employees feeling supported.
The marketplace allows companies to pick days of the week that they want to work remotely and sublet their space when they aren't there. This could work to dramatically reduce the amount it costs to keep a physical office space, while also making prime real estate accessible for smaller companies or individuals.
The Hybrid marketplace targets the increasing popularity of the hybrid work style that offers a balance of in-office and work from home days to keep employees feeling supported.
Trend Themes
1. Hybrid Work Style - The offering of customized hybrid work experiences creates opportunities for companies to reduce real estate spending while enabling smaller companies or individuals to access prime real estate.
2. Office Space Subletting - Companies can sublet their office space on the days that they don't need it and earn additional income while keeping their space utilized and cost-efficient.
3. Flexible Work Scheduling - The option to choose which days to work remotely allows employees to have a healthy work-life balance, which enhances employee satisfaction, loyalty, and productivity.
Industry Implications
1. Real Estate - Real estate companies can take advantage of this hybrid work trend by offering innovative, cost-effective, and flexible office space solutions to attract a wider range of clients.
2. HR Technology - HR technology companies can develop tools that would help businesses create customized work schedules, manage office spaces, and improve employee engagement.
3. Hospitality - Hotels and other hospitality industries can offer their venues as alternative workspaces, providing convenient and upscale spaces for remote or hybrid workers who want a change of scenery.
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