Companies such as Axis Bank, BCG, Deloitte, and LinkedIn have adopted various flexible work models and top officials of these firms said the hybrid work models will continue going ahead. The hybrid model will ensure greater engagement and productivity and, at the same time, help tap into a wider talent pool, they said.
Axis Bank, which is following a 2+3 hybrid work model – two days from office and three days from home – for all functions except its treasury division and branches, will continue with hybrid going ahead, its president and human resources head Rajkamal Vempati said.
“It has opened up a much wider talent pool,” she said. Active full-time hybrid job openings have doubled to 45,000 in November from 22,000 in October, according to data from and direct postings published by employers compiled by specialist staffing company Xpheno.
About 45% of active hybrid openings are from IT services and IT products sectors. Other top industries include BFSI, startups, consulting and professional services. Mid-senior level roles account for nearly 44% of the total number of hybrid openings, while entry level openings account for 18%.
“The current slowdown in demand has opened up flexible engagement models again,” said Anil Ethanur, cofounder at Xpheno.
Discover the stories of your interest
“Calibrating hiring volumes and velocity in line with demand curves is comparatively easier on flexible engagement models,” he said.
According to an exclusive survey of employees across over 600 companies conducted by Ciel HR Services, the majority of the professionals want some kind of remote or hybrid work option. About 37% want to be in the office one or two days a week, 40% want full work from home, and the remaining are willing to work from office full time.
“Employers are looking for a balanced approach and hybrid works best for everyone,” said Aditya Narayan Mishra, CEO of Ciel HR.