Increasingly employers are also hiring skilled contract workers and part-time employees to cut labor costs. Today, companies are willing to hire employees from any part of the country as travel and relocation are less of a concern due to the stability and convenience that Work-From-Home offers. Rising labor costs and regulatory compliances are also changing the way businesses hire. Employees are demanding more work flexibility, so businesses are shifting to hybrid workplace setups to accommodate this logical demand. In recent years, workplaces have undergone a rapid transformation.