A survey by Awfis showed that at least 53 percent of employers prefer a hybrid workplace plan for their employees, with varying degrees of work from home and office. Time and cost savings, increased employee convenience and overall well-being of employees are key priorities for occupiers as they seek to enable a distributed workspace strategy, the report said.
About 74 percent of businesses are looking at distributed workspaces as a strategy to move from location-centric to people-centric workspaces. The telecommunications and consulting sectors have seen 75 to 100 percent return to office, the report said. Meanwhile, the sectors with the lowest (0-25 per cent) returns are the IT and new technology verticals.
The report further states that around 74 per cent of the businessmen are likely to adopt distributed workspace, while around 53 per cent of the businessmen prefer working from home and office as their preferred workplace portfolio strategy. Further, the report also claimed that around 49 per cent occupants are likely to adopt flex centers to enable distributed workspace, followed by setting up their own offices in metro and non-metro cities.
“Keeping employee centricity at the fore, 79 percent of businesspeople feel that a distributed workplace strategy will be highly beneficial to save time and money. Additionally, work-life balance, mental well-being and team productivity are promoted when opting for flex space,” said Sumit Lakhani, Deputy CEO, Office.
“The survey has made it clear that a distributed workspace strategy is the way to go for occupants in this new era of experiential workplaces, as occupants emerge from the after-effects of the pandemic. Flex spaces, in particular, are leading this growth, as are housing teams in flex centers in occupied cities across different regions. This change in strategy is also reflected in leasing by flex operators – flex operators leased approximately 3.5 million sq ft of space in H1 2022 across the top six cities, nearly three-quarters of flex leasing across 2021,” said Ramesh Nair, Chief Said executive officer.
Amit Ramani, Founder and CEO, Office, said, “The survey findings are a testament to the success of the distributed work model and to FlexSpace in meeting the needs of the later evolving workspace. India Inc. The survey reveals that currently 74 percent of businesses have adopted flex centers for their workplace needs considering the many benefits associated with flex working. Going forward, 77 percent of people will incorporate flex space as part of their workplace strategy. We expect exceptional demand in future, driven by large corporates, for de-densification of existing traditional offices.
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