Working from home could save workers up to £5.73 per day, according to research by Banner, but many organisations still haven’t had the chance to fully work out a hybrid working model. A single day of home working per week could save the average person between £22.92 and £28.65 each month, or a whopping £297.96 per year, when factoring in average commuting costs, a morning coffee and lunch.
The data, collated by the full-service workplace supplies company, shows the potential for hybrid working to take the sting out of the cost-of-living crisis. As businesses in every sector struggle to fill positions, hybrid working has become a HR must-have.
However, many businesses rushed into a hybrid working model during the 2020 lockdown and are still yet to fully optimise and balance cost-saving home working days, with the social, collaborative and productivity benefits of working in an office, according to Banner.
Vivian Slater, private sector managing director at Banner, said: “Hybrid was forced onto many procurement, FM and IT teams as a result of the pandemic and many have struggled to come away from the coalface since that time and really optimise it. But, done properly, getting a mix of home and office-based working right has real potential to lessen the impact of the rising cost of living for employees while protecting their wellbeing. From a business leader’s perspective, that means higher productivity and better staff retention at a time when those things could not be more crucial.
“To make a hybrid approach work for you, however, will take some connected thinking; there are some incredible tech and processing solutions out there that can make hybrid working seamless, but it’s about knowing what systems and products will complement each other. Now is the time to sit down with a smart workplace supplies partner and put in place a robust hybrid working approach.”
The full breakdown, which can be found here, found that an average worker spent just short of £12 per day if they went to an office, with money going on the commute, lunch and drinks such as coffee. By contrast, it found that a home worker spent barely half that, at an average of £6.24, even when their daily energy bill was factored in.
