South West businesses say hybrid working is boosting staff productivity and wellbeing, but many would still like employees to spend more time in the office, according to a new report.
Grant Thornton's latest Business Outlook Tracker surveyed mid-sized businesses across the South West region currently adopting a hybrid working approach.
It found the majority believe that flexible working is adding "significant value" to their business and people, with 78% admitting the approach has boosted productivity.
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Meanwhile, 69% believe that it has positively impacted their people’s wellbeing and 84% believe their people prefer a hybrid-working approach.
Overall the report said 82% believe that hybrid working is beneficial for business.
Despite the benefits, however, 80% of respondents said they were still keen for employees to spend more time in the office than they are currently.
In fact, 67% of the businesses that have adopted a hybrid approach said it was impacting the ability to provide adequate support and development for younger or trainee employees.
Lauren Carlyle, practice leader for Grant Thornton º£½ÇÊÓÆµ in the South West, said: "The right balance between remote flexibility and meaningful face-to-face collaboration remains central to business success across the South West.
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"While digital connectivity enables productive distance work, organisations have learnt that in-person interactions - particularly for mentoring younger team members - create value that simply cannot be replicated virtually.
"At Grant Thornton, our philosophy centres on trusting our people to determine how and where they can perform at their best.
"By establishing clear principles rather than rigid rules, our teams can deliver outstanding client service whilst achieving the personal balance that suits their circumstances.
"Our supportive framework acknowledges the diverse needs of all stakeholders - from business priorities and client expectations to colleagues juggling family responsibilities or prioritising their mental wellbeing."