Fortune: 63% of high-growth companies have hybrid work models

June 8, 2021

Continuing the conversation on the future of work, Fortune and Sheryl Estrada build on the NewtonX Current 75-person CFO study.

Originally posted on By Sheryl Estrada. 

Yesterday, I shared data from Fortune and NewtonX’s new CFO poll that found many financial leaders prefer working remotely with flexible onsite workdays post-COVID.

That echoes what Accenture finds in a new research report based on a global survey of more than 9,000 workers across industries. About 83% of respondents said a hybrid model—sometimes remote, sometimes onsite—would be optimal. A quarter of respondents, in fields such as healthcare and retail, worked fully onsite throughout the coronavirus pandemic and are likely to remain onsite, despite their personal preferences, the report found.

Reimaging the onsite work experience is just as important as optimizing the work experience for hybrid or fully remote employees. But, at the end of the day, “it’s not about place, it’s about potential,” the report found.

Regardless of physical location, enhancing resources to make sure a workforce is healthy and productive, “will produce bottom-line benefits,” according to Accenture. The report notes that 63% of high-revenue growth companies use hybrid, “productivity anywhere,” workforce models; and 69% of “negative or no-growth” companies shun the concept of hybrid workforces and favor all onsite or all remote workforces.

Accenture’s model of “Net Better Off” suggests employers focus on “six fundamental human needs” for employees: financial security; emotional and mental wellbeing; a strong sense of belonging and inclusion; good physical health; purpose; and having the skill sets to advance in one’s career.

Although respondents of our CFO poll preferred hybrid work environments, they also recognized the challenges when it comes to socializing, team building, and fostering company culture. Almost half of the respondents (44%) said they’d like to organize in-person work periods by project or department.

Many Gen Z employees, who grew up during an era of selfies, texting, and virtual reality, actually want to experience onsite work in some form, Accenture’s report found. About 74% of Gen Z respondents prefer more opportunities to work face-to-face with colleagues, followed by Baby Boomers (68%), and Gen Xers (66%).

Eager for more learning? Join VP of Strategic Insights and Analytics, Patiwat Panurach, as he unpacks the learnings of 75 CFOs from the latest NewtonX Current research report, conducted in collaboration with Fortune.

Download the webinar recording today. 

Sign up for our newsletter, NewtonX Insights:

Your playbook to making confident business decisions enabled by B2B research. Expect market research trends, tools, and case studies with leading enterprises, delivered monthly.

Related Content

Fortune: From talent pipelines to hybrid work models, here’s what mattered to CFOs this week

What do CFOs really think about the future of work? From hybrid models to talent pipelines to DEI and beyond, find out what truly matters to finance chiefs.

read more

Fortune: We polled CFOs to find out what they really think about going back to the office

We recently partnered with Fortune in their first-ever CFO survey. Discover what CFOs really think about the future of work.

read more

NewtonX Current + Fortune Analytics: What CFOs really think about the future of work

The Covid-19 pandemic has accelerated change across virtually every aspect of our lives. From work life to the economy to emerging technologies to DEI and beyond, we continue to grapple with the journey to back-to-normal.

read more