Planet Money

How to be better at hybrid work, according to research

36 snips
Dec 19, 2023
Jose Maria Barrero, an assistant professor of finance at Itam University, shares insights on remote work's productivity challenges. He discusses recent research suggesting that full-time remote work may lead to decreased productivity compared to traditional office settings. Barrero highlights the importance of building networks and effective communication in hybrid models. He also explores shifting attitudes towards remote work post-pandemic, emphasizing the need for intentional management to foster collaboration and creativity in diverse work environments.
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INSIGHT

Fully Remote Work and Productivity

  • Fully remote work may decrease productivity, studies show a negative 10% effect.
  • Communication frictions and difficulty collaborating on creative tasks hinder productivity.
INSIGHT

Cost Savings of Remote Work

  • While fully remote work may reduce productivity, companies can offset this with cost savings like reduced office space.
  • This trade-off may be beneficial for some roles, but less so for knowledge workers who require frequent interaction.
INSIGHT

Rise of Hybrid Work

  • Hybrid work is now the dominant form of remote work in advanced economies.
  • It combines the benefits of remote work with the advantages of in-person interaction.
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