A labor shift toward remote employment has expanded into hybrid opportunities, where companies are combing office collaboration and remote work. There are many occupations that can be done from anywhere so long as there is an internet connection. This new staffing model may be the best of both worlds, as it can lower expenses for the organization and accommodate the needs of a diverse employee pool. The use of this model can have a positive impact on the staffing industry.
What Is a Hybrid Staffing Model?
In a hybrid model, employees are able to both work at the office or at home, though some remote workers may find they can get more work done at a library, coffee shop or other internet connected environment. Companies can tailor a hybrid solution to the needs of its employees and industry demands, and the staffing industry may have unique circumstances that require a custom approach to this model. Communication challenges can arise when staff members aren’t in one centralized location, and it can also make onboarding and training more difficult and less effective.
What Are the Benefits of a Hybrid Work Model?
Many companies have seen a positive change in the productivity and morale once a hybrid work model was adopted, but these are just the start of the potential benefits. Take a look at the positive aspects of a hybrid model.
Reduced Expenses
When a percentage of the workforce doesn’t require full-time office space, it can reduce costs associated with office rent, utilities and supplies. Smaller office areas can have an impact on the cost of staffing liability insurance, as well. Lower expenses can create more room in the budget for things like marketing or recruiting, areas which helping advance company growth.
Talent Recruiting
A successful staffing agency is always on the hunt for highly skilled individuals to craft a strong pool of candidates for their clients needs. With a hybrid model, not only can the search market be expanded to account for remote locations, but it is also a strong bargaining tool when recruiting top candidates. A wider talent pool can be a significant benefit to a staffing agency, particularly in locations where skilled or professional laborers aren’t easy to find.
Will a Hybrid Model Work?
Though the hybrid model sounds promising for the staffing industry, each individual organization needs to look at the factors that impact the success of such a transition. The key factors include:
- The size of the company
- Where the company is located
- Where the talent is located
- The type of work needing to be filled
- The fit of an employee with a remote opportunity
By evaluating the factors that impact the success of the hybrid model against the pros and cons, a staffing company can better see if a dual-environment work opportunity is a good fit. It is, however, a trending job desire for a majority of current job seekers.
About World Wide Specialty Programs
For the last 50 years, World Wide Specialty Programs has dedicated itself to providing the optimal products and solutions for the staffing industry. As the only insurance firm to be an ASA commercial liability partner, we are committed to that partnership and committed to using our knowledge of the industry to provide staffing firms with the best possible coverage. For more information about Staffing Professional Liability Insurance or any other coverage, we have available to protect your staffing business, give us a call at (877) 256-0468 to speak with one of our representatives.