What different generations think about hybrid working

As the United States tries to return to some semblance of normalcy after the pandemic, workers and employers have tried to figure out the most appropriate way to work. Some industries, like Wall Street, have demanded that their bankers, brokers and traders return to their respective offices in New York.

Some companies have chosen a remote approach without any physical office location. The tech sector has embraced the hybrid work model, where people only return to the office a few days a week.

Poll on what generations think about the hybrid working style

Mark Dixonthe CEO of GTI, best known for Regus, is the original coworking space pioneer. Dixon ordered a study of more than 1,000 Americans to find out what each generation thinks about hybrid working.

The results of the study, conducted by the world’s largest provider of flexible workspaces, showed that hybrid millennial workers are more likely (53%) to look for another job if their employers stop working for a while. hybrid way and want them to come back to the office.

Baby-boomer hybrid workers felt similar, but to a lesser extent than their younger cohorts (33%). Gen Z hybrid workers were the most likely to be ambivalent (40%). This could be because young adults are relatively new to the job market and don’t have much experience comparing and contrasting work styles.

At a time when hybrid working is becoming mainstream, the findings reinforce how this new work environment is impacting generations differently. There are also noticeable benefits regardless of age or career stage. Hybrid working has brought significant benefits, improving work-life balance for 62% of American hybrid workers, regardless of generation, as well as their productivity at home (48%), their overall personal well-being ( 46%) and their work productivity (45%).

Workers need a reason to return to an office

In a high-profile conversation with Dixon, the CEO said there has to be a strong value proposition to entice people into an office. One of the appealing parts of going to an office, especially if you live in the suburbs and have to travel to a big, crowded city like New York, is having an office near your city. Your company could pick up the costs, and you could go to a coworking space a few days a week. This provides the opportunity to see some of your colleagues and meet people from different companies.

Dixon said the city’s tall buildings can be revamped to look like a cool, hip boutique hotel. There is ample space to meet with colleagues to host more than one corporate meeting, greet clients and also have a private room to concentrate and get into the flow.

Dixon, who has worked in the real estate industry for about three decades, understands that people are tired of being cooped up in their homes for two years.

It might be a relief to take a break from the kids, your partner, your pets, the landscapers running their noisy leaf blowers, the construction workers pounding on a few houses on your street, the doorbell ringing incessantly with your Amazon packages, Instacart Food Orders and DoorDash.

Travel is a problem

After two years of not having to waste three hours on a round trip, there’s no point in getting back on a train or bus. You’d think you should get a computer science degree during the pandemic, but the internet is still down and you’re left alone to troubleshoot your laptop when it goes wonky. Having a local coworking space for a few days can be a welcome relief. If there are any issues that arise, the location has the staff to take care of them for you.

One thing that almost everyone shares in common is that people are not fans of long and winding journeys. Baby boomers (68%) and their younger fellow Gen Xers (63%) are driven by the cost savings of not having to constantly travel to the office. Millennials, however, are keen to have less stress in their lives and prefer not to embark on annoying commutes (49%).

Career evolution

Millennials (73%) said their career development had benefited from working in a hybrid environment. Gen Z hybrid workers are less likely to say their personal career development has progressed through hybrid working (50%). Notably, hybrid working benefited the career advancement of 74% of C-level hybrid workers.

The study took place before tech companies began laying off workers and freezing hiring. American employees expect to be compensated if they have to return to the office every day. You have to wonder if the economy and the stock market continue to slide, people may not ask for transportation allowance because they won’t want to rock the boat for an uncertain time.

While Gen Z and Millennials are both convinced that a raise is needed to compensate for a shift to full-time work in the office, they differ in how much they would demand from their employer. The majority of Millennials would expect an increase of more than 10% and almost half of Gen-Z would likely expect an increase of up to 10% to offset the change.

Wellness and Facetime

There seems to be a correlation between well-being and hybrid working. The hybrid working style has had a positive impact on employee well-being, with all generations finding a connection between the two.

You don’t have to be in the office every day to build strong working relationships. Overwhelmingly, 93% of Americans said you don’t have to see co-workers in person every day to build strong relationships. Unsurprisingly, it is the most established workers who feel the strongest on the subject with 68% of baby boomers say it takes up to two days together in the office to build strong relationships.

Distill the results

Dixon said of the results, “Hybrid working is universally popular among all generations who have quickly embraced the many benefits the model offers.” He pointed out, “By dividing their time between their home, a local workspace, and their corporate headquarters, employees enjoy a significantly improved work-life balance with significantly less time and money spent on travel.” .

Dixon added: “The study highlights that there are significant generational differences and that there is no one size fits all; on the contrary, there are many different flavors of hybrid working and the needs of employees will differ depending on where they are in their career and personal life.

Besides the hybrid model, there are also compelling reasons to work remotely or return to an office. For recent college grads, heading to an office might be the smartest thing to do. You will be able to build a network that can last you throughout your career. There is a chance of finding a mentor who could offer his wisdom, advice and guidance.

With recent downsizing and job cuts in the tech sector, concerns about job security are rising. It may be advisable, even if it is an inconvenience, to go to an office. A proximity bias exists. This term refers to the theory that if you are in front of or around people, they will like you more. When it comes to deciding who can be fired, chances are the in-person worker everyone knows and loves will stick around, while the remote worker who was only seen on a Zoom call casual would be selected to receive a pink underpants.

In major urban centers, such as New York, there has been an alarming number of crimes and violence. For many people, it’s not worth the risk of going to the Big Apple and having to be concerned about their safety. Another barrier to entering an office, even if it’s on a hybrid basis, is the long commute. For those living in the suburbs of Manhattan, a daily round trip can take up to three hours or more. If you take public transport, ticket prices are high, as are food costs, once you’re in town. People who prefer to drive will spend a small fortune on gas, as prices have risen dramatically due to inflation.

A lot of people feel that there is a better quality of life working from home. You can spend time with your family and friends and witness all the milestones in your children’s lives. There is less stress without travel and more autonomy and freedom to structure your day. You’ll also need to take walks, exercise, make time to help the community, and indulge in hobbies that you’ve had to put off because you never had the time until now. .

Maria D. Ervin