Supporting Your Hybrid Workforce: The New Way of Working in Financial Services

It seems like the employees have spoken; hybrid and remote work is the new normal.

The pandemic proved to organizations around the world that their staff can work from anywhere and still get their jobs done. According to analysts and industry experts, the way we work will never go back to the way it was pre-pandemic. Our analyst panel dove into their thoughts on hybrid work models at Extreme Connect 2022 and they all agreed, office-centric work is out.

Building a Human-Centric Business Model

There are a lot of benefits associated with focusing on a human-centric business model rather than an office-centric business model. Some organizations have found that since prioritizing their employees and allowing for more workplace flexibility, there has been benefits for both staff and the organization such as:

• 44% decrease in employee fatigue
• 45% increase in employee retention plans
• 28% improvement of performance

Studies have proven that employees given more flexibility are more productive and collaborate more intentionally, which leads to much better ideas and innovations being generated. These many benefits are only a few of the reasons why financial institutions have shifted to hybrid and flexible work models, and why even more will probably begin to adopt similar plans going forward.

Providing IT With the Right Tools to Support Your Staff

One tool that has proven beneficial to IT teams as they are expected to support end-users that are dispersed across the globe is SD-WAN. SD-WAN enables your IT team to keep up with the demand of day-to-day operations, improve network performance, and reduce network complexity.