Rayner Personnel Salary Landscape Report 2022/2023 - Manual / Resource - Page 13
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THE WAYS OF WORKING
Fully remote working is not possible when it comes
to the property industry. However, there has been
a major inclination towards hybridworking models,
such as flexitime. Considering this, about 93% of
companies haveadopted flexible hybrid working
models, whereas only 5% of businesses operate from
the office. Not only does this improve the work life
balance, but it also helps to cutdown on resources
at the office. 77% of Commercial Real Estate (CRE)
rather quit than come to the office full-time. With
the rise of the hybrid working model, companies are
investing in technology and sustainability to redesign
their office space. According to PwC Emerging
Trends in Real Estate, 10-20% of the office real
estate stock needs to be removed or repurposed.
Companies are now exploring flexible working space
options, with 43% planning to invest init by 2025.
About 51% of companies plan to lease flexible space
through a third party provider.
leaders agree that remote or hybrid working will
be critical to attracting and retaining skilledstaff.
According to IBM’s Chief Executive Officer, 80%
of employees choose a hybrid schedule;working
two to three days outside of the office, whilst 20%
of employees work completely remote. Statistics
Canada’s Labour Force Survey reported in April 2021
that over 90% of workers get asmuch done working
from home as they do in the office. The same report
of December 2022 said that one in 10 workers now
have a hybrid work arrangement, 6% more than
the previous January. A Montreal based financial
tech company, Hardbacon, performed a survey in
October 2022. The survey found that 80% of people
who shifted to remote working in the past would
2022/2023 ANNUAL REPORT
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