Published on 10/20/2024 at 6:02 p.m., updated on 10/20/2024 at 6:02 p.m.
Lecture 2 min.
<img alt="The French appreciate hybrid work for the family freedom it offers.” class=”doc-img-responsive-100 rounded-lg” src=”https://resize.prod.docfr.doc-media.fr/rcrop/480,280,center-middle/ext/eac4ff34/content/2024/9/15/1728971597854.jpeg” width=”650″ height=”380″/>
Splitting your work week between days of teleworking and days in the office seems to be the perfect recipe for workers. Those who alternate between face-to-face and distance learning only find advantages, such as a better balance between personal and professional life. This hybrid mode would also allow workers to make some significant savings.
According to a study conducted by IGW and the consulting firm Development Economics*, hybrid working would enable 76% of employees to save money. Costs related to traveling to the office (such as transportation, fuel or parking), as well as those spent on meals, snacks and coffee, are among the most common expenses. According to the study, by working four days a week from home, an American employee could save up to more than 30,000 dollars (27,500 euros) per year, while a British employee could save 13,000 pounds (15,500 euros).
For 84% of people surveyed, the savings made by reducing their commute allows them to better manage their finances. Nearly two in five respondents (38%) use this saved money to add to an emergency fund, 37% use it for vacations, while 35% use it to pay off credit card debt.
In France**, hybrid working also allows 44% of workers surveyed to make savings. However, the main reasons given by French workers are saving time and greater family freedom. Around two thirds of those surveyed (62%) admit that working from home saves them time on a daily basis and three quarters (72%) emphasize a better balance between their private and professional lives.
This flexibility is seen as an essential advantage by workers who can alternate between face-to-face and remote work. So much so that 69% of them would refuse a job that would require a long commute five days a week. Half of them fear that this configuration will negatively impact their family life. 47% consider these daily journeys too exhausting and 36% too expensive. A third (31%) do not want to experience traffic jams during rush hours. However, 35% would consider coming to work every day of the week if it was less than fifteen minutes from their home.
*Study conducted by IWG and consultancy Development Economics of over 2,000 office workers, with public transportation data, analyzing multiple hybrid scenarios and focusing on the popular option of working locally four days a week
**Study conducted in France with 1000 participants in August 2024 by Mortar Research. The survey questioned teleworking executives.
