While some companies aren’t super flexible, the COVID-19 pandemic opened up doors for every type of business in every industry. Because of these new flexibilities, we wonder what the future office life will look like. Today, we’re going to look at the hybrid workplace and how new businesses might be taking this approach.
While some major companies, like Apple, have delayed the return to the workplace, others have completely moved back to commuting or have gone completely remote. The traditional office environment was once a staple in almost every industry, but it has begun to fade away. Instead of picking aside, we’re wondering if a hybrid workplace is on the horizon.
Let’s take a look at the rates at which companies are paying their office leases. In early May, according to Moody’s Analytics, just 1 of 20 office buildings in the US had occupancies levels above 10%, and even recently, it’s averaged out to be only 16%. There is a new hesitancy to renew lease in office buildings, which might stem from the question of how much space they really need.
We’re not saying all offices are going away. Some businesses are going in between remote and in-person work, and it’s creating a new norm. Hybrid workplaces are popping up everywhere. Because of this, businesses are able to cut costs from the technology they once needed within the office. Before the pandemic, it might have seemed like hybrid operations weren’t possible. But now, more and more businesses are jumping on board. If you think you lack the budget or know-how to move into a hybrid workplace, allow MyTek to help you out. Give us a call today at 623-312-2440 to learn more.