Kiwi workers bank $13,000 in hybrid working benefits, Cisco says

Garrett Heraty (Cisco)

Credit: provided

Kiwi workers with access to hybrid work report significant financial and productivity benefits, although some employers are struggling to adapt.

Local results from a global Cisco Systems study found that workers save an average of about $13,000 a year, or just over $250 a week, by working remotely and nearly 80% felt their well -being financial had improved.

Savings on fuel and/or travel were among the top areas of savings, followed by reduced spending on food and entertainment at 77.3%.

As the battle for qualified staff intensifies, 73.3% of local workers surveyed said they would consider these savings when considering changing jobs.

However, the benefits of working remotely went far beyond money, with 83.2% of employees surveyed saying the ability to work from anywhere had made them happier, while 63.2% said that their productivity had been improved.

It should come as no surprise, then, that it appears to be the employees who are leading the load of remote work. Only one in four felt their organization was very prepared for hybrid working.

“People are determining how they want to work in the future and from where,” said Cisco general manager for New Zealand and the Pacific Islands, Garrett Heraty.

“Our role is to allow them to work from anywhere seamlessly, so that everyone has an equal and accessible place at the table, not to tell them how many days they have to come to the office.”

As organizations benefited from increased employee productivity, Cisco argued that more needed to be done to create an inclusive culture and fully embrace hybrid working arrangements.

The benefits of hybrid working also shouldn’t be viewed solely in terms of productivity, Heraty said.

“This research tells us that employees consider the impact of the way they work on several aspects of their well-being, including emotional, financial, mental, physical and social well-being. More than three-quarters of respondents said said hybrid and remote working had improved various aspects of their well-being.”

40.1% of employees said they saved at least four hours a week when working from home, and 13.3% saved eight or more hours a week.

“Employees are ready for hybrid working, right? from Cisco A study surveyed 1,026 local employees and found that 61.3% believed the quality of work had improved and a similar number felt their productivity had improved.

71.2% said they felt their role could now be performed as successfully remotely as in the office.

Networking infrastructure was considered essential for a seamless work-from-home experience and 70.9% said their company got it right.

Cybersecurity was seen as equally vital, but only 62.7% said their organization currently has the appropriate capabilities and protocols in place.



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