Corporate travel took a major hit due to the COVID-19 pandemic—that’s not new information. However, the remote work model has become the standard practice for many organizations, allowing employees to integrate work into their leisure vacations, connecting from anywhere. This hybrid working arrangement allows employees to take longer trips that are further away more frequently, as there is no reason to rush back or eat up paid time off.

Here are some key insights from recent research conducted by IWG:

• Most hybrid workers “work from anywhere” (88%).
• More than half of surveyed employees indicated that they were able to extend their vacation last year by working abroad (57%).
• Two in three employees believe that they can effectively perform their jobs from abroad (67%).
• Nearly three in four employees indicated that they would only consider a job that offers the flexibility to work remotely at least part of the time (71%).
• Work-life balance was the top benefit of being able to work remotely (76%), followed by the ability to spend more time with friends and family (52%), save money by traveling during off-peak times (47%) and to enjoy longer holidays (30%).

“This trend is set to accelerate further, and we will continue to see more and more companies embracing WFA policies to improve employees’ work-life balance and increase their attractiveness as an employer,” says IWG Founder and CEO Mark Dixon.

(Travel Pulse, 09.04.23)

We know that consumers have changed, but employees clearly have too. Don’t get left behind, contact us today to see how our custom research can help your business stay competitive.