LiquidSpace publishes latest Hybrid Workplace Index, with Nick Bloom.
LiquidSpace's latest report explores flexible office bookings pre- mid- and post-pandemic, showing increasing engagement among Enterprise employees with bookings up 6% January-August 2023.
The key driver for those bookings continues to be collaboration, with reservations of meeting rooms, training rooms, and event spaces making up 80% of all bookings.
In this report, Nick Bloom, Professor of Economics at Stanford University, compares his data on the percentage of US jobs advertised as hybrid or remote, with the LiquidSpace Hybrid Engagement Index (HEI).
Bloom says: "This acceptance of the permanency of hybrid shows up in the LiquidSpace Hybrid Engagement Index (HEI). The use of flexible space is rising as companies downsize offices to save space. If your employees are only in the office 1 or 2 days a week, why pay for 5 days? Most firms are realizing this makes no sense. So they are reducing office space and switching to flexible space. The surging HEI index shows this in action."
Mark Gilbreath, CEO & Founder, LiquidSpace, said: "For the fourth Labor Day in a row, the anticipated marked rise in office attendance hasn't happened. Our data shows that a large percentage of the workforce prefers to work remotely much of the time. In fact, the index found employee engagement with flexible working reached a new high in Q1 2023.
Businesses looking to attract and retain top talent, will need to embrace the hybrid workplace and offer their employees the flexibility they crave."
About LiquidSpace
LiquidSpace is the trusted on-demand flexible office marketplace and hybrid workplace management platform.
LiquidSpace helps companies seeking to reorient their thinking about work and the workplace, starting with consideration of their employees. Simply put, we're in the happy people business. We're enabling people to work in better, more productive spaces, which supports a healthier planet.
Our global marketplace of flexible office space combined with our hybrid workplace management platform provides companies with an end-to-end, enterprise-grade Software as a Service (SaaS) solution to manage remote or distributed workplace strategies all in one place.
The world of work is now infinite. It's people untethered, workplace without boundaries, productivity and collaboration unimpeded by space and convention. It's more than the rise of the hybrid workplace. It's the dawn of a new era. Let's seize it.
Visit liquidspace.com for more information.