Business Banking

Preparing for New Workplace Realities

The success of your business may depend on how you manage the new workplace realities.

New research has found that 70% of workers want flexible remote work options to continue after the pandemic1 and 83% of employers now say the shift to remote work has been successful for their companies.2 The move to remote or hybrid work is rapidly becoming the ‘new normal’ and companies, both large and small, are implementing novel and creative ways to accommodate the growing demand for alternative workspaces.

Every business is different, and each must determine their optimal workplace strategy. But new technologies coupled with more flexible office designs are combining to make alternative workspaces more productive, cost effective, and satisfying for a broader range of companies.

Here are three things to consider in adapting your business workspace:

  1. Flexibility is the key. Consider workplace designs that are optimized for both hybrid and fully remote working.
  2. Design for people who aren’t in the room. Explore the range of new technologies and workplace designs that put remote and in-person workers on an equal footing, making collaboration seamless and satisfying no matter the workers’ locations.
  3. Consider moving workspaces to where your workers are. Some companies are replacing one mega-office with smaller regional satellite spaces that provide more convenient options for hybrid workers while allowing companies the flexibility to “hire talent from anywhere.”

As you rethink your workplace, remember that your Washington Trust Relationship Manager is available to help you meet the challenges of working in a post-pandemic world.

1 The Next Great Disruption is Hybrid Work – Are We Ready? The Work Trend Index, Microsoft, March 2021.
2 It’s time to reimagine where and how work will get done, U.S. Remote work Survey, PwC, January 12, 2021.

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