This is why hybrid working is here to stay

Jobbio's Kirstie McDermott delves into the latest data from the Office of National Statistics on the changing workplace patterns prompted by the pandemic.

Right now in the UK, according to the Office of National Statistics (ONS), the proportion of people working a hybrid model has risen. 

As offices have reopened and workers are moving towards a mix in their working week, the proportion of people hybrid working has risen from 13 per cent in early February 2022 to 24 per cent in May 2022. Those working exclusively from home has fallen from 22 per cent to 14 per cent in the same period.

As hybrid working settles in as our new normal, research continues to show that for the majority of UK workers, the core office days of Tuesday, Wednesday and Thursday remain the most popular choice for days spent working in the office, and only 12 per cent of workers head into the office on a Friday.

So why are we adopting a hybrid model with such gusto? A study by Tracking Happiness found that the ability to work remotely is strongly linked to happiness at work. Respondents were asked, “If you look at your work, how would you rate your happiness on a scale from one to 10?” and “How much of your work is currently done remotely or from home?” One of the study’s key findings was that the ability to work remotely increases employee happiness by as much as 20 per cent.

Millennials are happiest when working remotely and the study also found that returning to office-based work after the pandemic reduces employee happiness. Additionally, and this may come as no surprise, our happiness decreases as our commute times increase, and our contentment at work is related to our overall life happiness.

Hybrid working also has many other benefits, particularly for parents and carers. Bright Horizons’ Modern Families report for 2022 found that flexible hours were more important than flexibility of location, especially with younger workers. 39 per cent of the survey’s respondents need to work flexibly to fulfil childcare commitments and another 16 per cent need that hybrid flexibility so that they can meet eldercare or adult care commitments.

For hybrid working to truly serve employees, it needs a careful approach. It is about more than a one-size-fits all, three days at work, two days at home approach. To truly serve workers, it needs to be flexible in terms of location, hours and ways of working that suit all members of the workforce. Otherwise, as the Modern Families report underscores, talent will go elsewhere, with 58 per cent of respondents reporting low workplace satisfaction saying they will be looking for a new role in the next year.

If that’s you, then we are taking a look at three open roles below, and there are plenty more to check on the AltFi Job Board.

Lead Analyst, Client Processing, BNY Mellon, Manchester

The Lead Analyst, Client Processing will be working with a collaborative global team to achieve goals and targets, in a fast-paced, deadline driven environment. Teams work with several dynamic tools and systems to assist in the monitoring and resolution of tasks and use up to date technology to collaborate with internal colleagues. You’ll supervise the day-to-day operations of a small- to medium-sized client processing support team, and you will have people management responsibilities and deputise in team managers absence where applicable. Get full information and find out the application requirements here.

Crisis Senior Manager - Cyber Security, PwC, London

As a Crisis Senior Manager - Cyber Security, you’ll play a critical role as part of a team of problem solvers with extensive consulting and industry experience, helping clients solve their most complex business issues from strategy to execution. In this role, you can expect to lead projects to help clients enhance their response to cyber events; lead cyber crisis management programmes, and advise clients on their cyber crisis preparedness including undertaking reviews, developing plans, playbooks and running cyber crisis exercises, specifically around ransomware. Interested? You will need experience delivering cyber crisis management readiness programmes, experience delivering cyber crisis exercises including desktop and complex simulations and a strong knowledge of cyber security. Get further details here.

Financial Crime Officer, Shawbrook Bank, Glasgow

Shawbrook is a new type of specialist financial services company, combining the customer service and innovation you would expect from a fintech company, with the expertise of a bank. The Financial Crime Officer will support the consumer financial crime team in the prevention, detection, and investigation of financial crime issues, including money laundering, fraud (internal and external), market abuse, bribery and corruption and other regulatory malpractice, and the remediation of related regulatory processes such as AML, Politically Exposed Persons (PEPs), and sanctions. To apply you’ll need an appropriate professional qualification (minimum ICA Advanced Certificate in financial crime prevention and/or anti-money laundering) and proven financial crime experience gained within a financial services environment. Get the full spec here.

For interesting jobs in Fintech and across the entire tech space every week, check out the AltFi Job Board