Hybrid working in the accounting industry.

Hybrid working in the accounting industry.

By Janita Kapoor

As the world slowly returns to pre pandemic normal, the accounting industry finds itself moving into an unchartered territory – the hybrid work environment.

Whilst remote working experience has proven to be effective, it’s becoming quite clear; the accounting profession will be embracing more remote and hybrid environments – a split between in-person and out-of-office work than ever before.

A vast majority of employees are comfortable with home working due to reduced hours of commute, greater flexibility of working hours and an improved work-life balance. Hence, in order to be ahead of the competition with regards to hiring and recruiting, firms will need to adopt alternative work arrangements and flexibility to retain employees.

Clients, however, may still prefer face-to-face contact with their accounting professionals, meaning it will be the firm’s decision to bring about a balance in preferences to keep their employees and clients happy.

Firms are already taking a range of measures to make the hybrid model work, from investing in more technology to having data protection protocols in place and hosting entertaining online activities for employee wellbeing.

For leaders who may be wary that hybrid environments might lead to less productivity, it would be beneficial to spend more time monitoring productivity by increasing scheduled internal meetings and engaging with employees to get regular feedback.

Hybrid working, what does this mean for businesses in 2022? | theHRD (thehrdirector.com)

The hybrid model used to be seen as an alternative style of work, but as more employees demand flexibility, it is expected to become an integral part of the working culture and firms will need to step up to meet the needs of their workforce or risk losing talent to employers that do.