The pandemic period firmly rooted remote work across expert and knowledge-based organizations. The shift happened rapidly due to the crisis, leaving many practices unplanned. The pandemic has passed, but remote work habits have remained. After leading the chart, Finland now ranks No. 2 in Europe after Ireland in the share of remote workers within its working population (Eurostat 2024).

After the pandemic, a new dilemma emerged among leaders and teams: how to attract people back to the office? Major business-related questions remain on the table: Does widespread remote work harm productivity, culture, engagement, or innovation capacity? And what kinds of practices should be developed around different work models?

Globally, some companies have already drawn stricter lines. For example, Amazon required its employees to return to the office five days a week at the beginning of the year. In Finland, most organizations have settled into hybrid models, with employees expected to be present two or three days a week. In many workplaces, however, no clear policy was ever made.

Recently, Iltalehti reported that employees at Finland’s Social Insurance Institution (Kela) were unhappy with a new policy, which requires staff to work from the office at least once a week. The issue soon sparked political commentary. Finance Minister Riikka Purra called the one-day-a-week requirement “ridiculous,” noting that despite the time elapsed since the pandemic, public-sector remote work practices have hardly been tightened.

Remote work has become a complex and emotionally charged topic. The discussion is often driven by personal motivations: some passionately defend the employee’s right to choose how and where to work, while others emphasize the employer’s right to set boundaries. Many leaders worry about the effects of remote work on business performance but hesitate to speak up publicly for fear of criticism.

Finland and its Nordic neighbors remain Europe’s most advanced regions for remote work, and new research shows that the key question is no longer whether hybrid work can be sustained, but how to design it strategically.

This article brings together recent studies related to remote and on-site work. It is time to discuss the organization of hybrid work more broadly and analytically – drawing conclusions based on research. After all, when we talk about how work is done, we are ultimately talking about the very foundations of growth, development, meaning, and productivity.

Finland leads Europe’s shift to hybrid

According to Eurostat’s Labour Force data, Finland has been one of the highest-ranked EU countries for remote work since 2020, with 37% of employees in the Helsinki region usually working from home — the highest share in the bloc.

By 2023, a Statista analysis of Eurostat data confirmed that the Nordic countries — Finland, Sweden, Norway, and Denmark — continue to lead Europe’s hybrid trend. While the EU average for remote work was 22.2%, the Nordic average stood above 40%.

The conclusion is clear: hybrid work is no longer a pandemic experiment. It is the Nordic baseline.

Research points to a new leadership model

While much of the public debate still revolves around attendance rules, research across Finland and the wider Nordics converges on a more sophisticated message: hybrid work succeeds when trust, structure, and purpose align.

A 2025 doctoral study by Johanna Jansson at the University of Vaasa identifies three interlocking foundations for sustainable hybrid work:

  1. Organizational design that supports trust, autonomy, and clear expectations.


  2. Supervisor–employee relationships built on mutual accountability and open communication.


  3. Employee self-leadership, encompassing digital collaboration, time management, and shared responsibility for team success.

When these elements are in balance, companies can achieve both productivity and well-being gains.

“If an organisation’s structure is still designed for office work, tweaking HR practices is like putting winter tyres on a convertible,” Jansson notes. You might get a bit more grip, but the design is wrong for the conditions, she adds.
(University of Vaasa, 2025)

Her findings reframe the issue. Hybrid work is not a tug-of-war between managers and employees. Instead, it is a coordination challenge that demands redesign at every level of the organization.

Nordic and European evidence point in the same way

The Finnish Institute of Occupational Health (FIOH) reports that hybrid models can enhance both well-being and efficiency when expectations are clear and leadership is active. Poorly structured versions, however, risk isolation and blurred accountability.

The Nordregio “Remote Work” project (2021–2024) reaches similar conclusions: remote work has supported regional balance, decentralized talent, and reduced commuting, but requires renewed approaches to culture and collaboration.

Meanwhile, the Scandinavian Journal of Work, Environment & Health stresses that the long-term post-pandemic impacts of hybrid work still need longitudinal evidence — but early findings already show its permanence.

Together, Nordic research frames hybrid work as a systemic organizational issue, not a temporary HR concern.

Corporate strategy: quality over quantity

A broader, global perspective reinforces the same point. The Leesman Focus Forward 2025 study, based on responses from 132 senior corporate real-estate leaders, identifies three themes shaping future workplace strategies:

  1. Hybrid is here to stay. Most companies now see it as the default model.


  2. Purpose and experience matter. Organizations must define a clear “workplace why” and use data to optimise the employee experience.


  3. Quality over quantity. About 74% of firms have already reduced, or plan to reduce, their office footprint — investing instead in higher-quality collaboration spaces.

As the Fyra Nordic Workplace Data Study (2024) similarly observes, Nordic firms are shifting their office strategies “from square metres to meaning.” The best offices now function as brand environments and social anchors — not attendance checkboxes.

From control to coordination: actionable insights for Nordic executives

For leaders of listed Nordic companies, the message is clear: hybrid work is no longer a phase. It’s a performance architecture.
To make it work, organizations must manage structure, culture, and leadership as an integrated system.

1. Design for trust and accountability.
Rigid attendance rules do not create engagement. Replace symbolic mandates with clear roles, decision rights, and shared outcomes.

2. Redefine the office as a cultural hub.
Following Leesman and Fyra insights, invest in offices that drive collaboration, innovation, and belonging — not mere presence.

3. Empower middle managers as orchestrators.
Train managers to balance flexibility with coordination. As Jansson’s research shows, success depends on dialogue and empathy, not control.

4. Build employee self-leadership.
Hybrid productivity depends on autonomy, digital fluency, and peer accountability. Treat these as professional competencies, not personality traits.

5. Use data continuously.
Integrate Eurostat metrics, Leesman analytics, and internal engagement data to refine hybrid strategies. Measure how people work, not where.

Sources:

  • Eurostat Labour Force Survey (2020). The Finnish capital region: 37% remote workers.

  • Eurostat (2024). Employed persons working from home by professional status - % of total employment.

  • FIOH (2025) – Latest Research Results on Remote and Hybrid Work in Finland.

  • Fyra (2024) – Looking Back to Look Ahead: A Nordic Workplace Data Study.

  • Iltalehti, (2025, Nov. 4). “Lasse Lehtosen käytös kuohuttaa Kelassa – ‘Karannut lapasesta’.”

  • Jansson, J. (2025). Balancing Employee Preferences and Organizational Expectations for Mutual Gains. University of Vaasa. 

  • Leesman (2025). Focus Forward: Insights from the Top.

  • Nordregio (2024). Remote Work: Effects on Nordic People, Places and Planning.

  • Purra, R. (2025, Nov 5). X post.

  • Scandinavian Journal of Work, Environment & Health (2023). Remote Work: The New Normal Needs More Research.

  • Statista  (2023). The Nordic hybrid average >40%, EU average 22.2%.

|

|

Leaders

It’s time to have a better conversation about remote work – that’s why we’ve gathered recent research on the topic

It’s time to have a better conversation about remote work – that’s why we’ve gathered recent research on the topic

·

5 min read

The pandemic period firmly rooted remote work across expert and knowledge-based organizations. The shift happened rapidly due to the crisis, leaving many practices unplanned. The pandemic has passed, but remote work habits have remained. After leading the chart, Finland now ranks No. 2 in Europe after Ireland in the share of remote workers within its working population (Eurostat 2024).

After the pandemic, a new dilemma emerged among leaders and teams: how to attract people back to the office? Major business-related questions remain on the table: Does widespread remote work harm productivity, culture, engagement, or innovation capacity? And what kinds of practices should be developed around different work models?

Globally, some companies have already drawn stricter lines. For example, Amazon required its employees to return to the office five days a week at the beginning of the year. In Finland, most organizations have settled into hybrid models, with employees expected to be present two or three days a week. In many workplaces, however, no clear policy was ever made.

Recently, Iltalehti reported that employees at Finland’s Social Insurance Institution (Kela) were unhappy with a new policy, which requires staff to work from the office at least once a week. The issue soon sparked political commentary. Finance Minister Riikka Purra called the one-day-a-week requirement “ridiculous,” noting that despite the time elapsed since the pandemic, public-sector remote work practices have hardly been tightened.

Remote work has become a complex and emotionally charged topic. The discussion is often driven by personal motivations: some passionately defend the employee’s right to choose how and where to work, while others emphasize the employer’s right to set boundaries. Many leaders worry about the effects of remote work on business performance but hesitate to speak up publicly for fear of criticism.

Finland and its Nordic neighbors remain Europe’s most advanced regions for remote work, and new research shows that the key question is no longer whether hybrid work can be sustained, but how to design it strategically.

This article brings together recent studies related to remote and on-site work. It is time to discuss the organization of hybrid work more broadly and analytically – drawing conclusions based on research. After all, when we talk about how work is done, we are ultimately talking about the very foundations of growth, development, meaning, and productivity.

Finland leads Europe’s shift to hybrid

According to Eurostat’s Labour Force data, Finland has been one of the highest-ranked EU countries for remote work since 2020, with 37% of employees in the Helsinki region usually working from home — the highest share in the bloc.

By 2023, a Statista analysis of Eurostat data confirmed that the Nordic countries — Finland, Sweden, Norway, and Denmark — continue to lead Europe’s hybrid trend. While the EU average for remote work was 22.2%, the Nordic average stood above 40%.

The conclusion is clear: hybrid work is no longer a pandemic experiment. It is the Nordic baseline.

Research points to a new leadership model

While much of the public debate still revolves around attendance rules, research across Finland and the wider Nordics converges on a more sophisticated message: hybrid work succeeds when trust, structure, and purpose align.

A 2025 doctoral study by Johanna Jansson at the University of Vaasa identifies three interlocking foundations for sustainable hybrid work:

  1. Organizational design that supports trust, autonomy, and clear expectations.


  2. Supervisor–employee relationships built on mutual accountability and open communication.


  3. Employee self-leadership, encompassing digital collaboration, time management, and shared responsibility for team success.

When these elements are in balance, companies can achieve both productivity and well-being gains.

“If an organisation’s structure is still designed for office work, tweaking HR practices is like putting winter tyres on a convertible,” Jansson notes. You might get a bit more grip, but the design is wrong for the conditions, she adds.
(University of Vaasa, 2025)

Her findings reframe the issue. Hybrid work is not a tug-of-war between managers and employees. Instead, it is a coordination challenge that demands redesign at every level of the organization.

Nordic and European evidence point in the same way

The Finnish Institute of Occupational Health (FIOH) reports that hybrid models can enhance both well-being and efficiency when expectations are clear and leadership is active. Poorly structured versions, however, risk isolation and blurred accountability.

The Nordregio “Remote Work” project (2021–2024) reaches similar conclusions: remote work has supported regional balance, decentralized talent, and reduced commuting, but requires renewed approaches to culture and collaboration.

Meanwhile, the Scandinavian Journal of Work, Environment & Health stresses that the long-term post-pandemic impacts of hybrid work still need longitudinal evidence — but early findings already show its permanence.

Together, Nordic research frames hybrid work as a systemic organizational issue, not a temporary HR concern.

Corporate strategy: quality over quantity

A broader, global perspective reinforces the same point. The Leesman Focus Forward 2025 study, based on responses from 132 senior corporate real-estate leaders, identifies three themes shaping future workplace strategies:

  1. Hybrid is here to stay. Most companies now see it as the default model.


  2. Purpose and experience matter. Organizations must define a clear “workplace why” and use data to optimise the employee experience.


  3. Quality over quantity. About 74% of firms have already reduced, or plan to reduce, their office footprint — investing instead in higher-quality collaboration spaces.

As the Fyra Nordic Workplace Data Study (2024) similarly observes, Nordic firms are shifting their office strategies “from square metres to meaning.” The best offices now function as brand environments and social anchors — not attendance checkboxes.

From control to coordination: actionable insights for Nordic executives

For leaders of listed Nordic companies, the message is clear: hybrid work is no longer a phase. It’s a performance architecture.
To make it work, organizations must manage structure, culture, and leadership as an integrated system.

1. Design for trust and accountability.
Rigid attendance rules do not create engagement. Replace symbolic mandates with clear roles, decision rights, and shared outcomes.

2. Redefine the office as a cultural hub.
Following Leesman and Fyra insights, invest in offices that drive collaboration, innovation, and belonging — not mere presence.

3. Empower middle managers as orchestrators.
Train managers to balance flexibility with coordination. As Jansson’s research shows, success depends on dialogue and empathy, not control.

4. Build employee self-leadership.
Hybrid productivity depends on autonomy, digital fluency, and peer accountability. Treat these as professional competencies, not personality traits.

5. Use data continuously.
Integrate Eurostat metrics, Leesman analytics, and internal engagement data to refine hybrid strategies. Measure how people work, not where.

Sources:

  • Eurostat Labour Force Survey (2020). The Finnish capital region: 37% remote workers.

  • Eurostat (2024). Employed persons working from home by professional status - % of total employment.

  • FIOH (2025) – Latest Research Results on Remote and Hybrid Work in Finland.

  • Fyra (2024) – Looking Back to Look Ahead: A Nordic Workplace Data Study.

  • Iltalehti, (2025, Nov. 4). “Lasse Lehtosen käytös kuohuttaa Kelassa – ‘Karannut lapasesta’.”

  • Jansson, J. (2025). Balancing Employee Preferences and Organizational Expectations for Mutual Gains. University of Vaasa. 

  • Leesman (2025). Focus Forward: Insights from the Top.

  • Nordregio (2024). Remote Work: Effects on Nordic People, Places and Planning.

  • Purra, R. (2025, Nov 5). X post.

  • Scandinavian Journal of Work, Environment & Health (2023). Remote Work: The New Normal Needs More Research.

  • Statista  (2023). The Nordic hybrid average >40%, EU average 22.2%.

Board Programme

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The only programme in the Nordics designed specifically for listed-company board work.
Five sessions, one cohort, twenty leaders in one room - Helsinki, 2026.

Board Programme

Built for Nordic listed company boards.

The only programme in the Nordics designed specifically for listed-company board work.
Five sessions, one cohort, twenty leaders in one room - Helsinki, 2026.

Topics

# Topics

Authors

Content writer

Anu, a co-founder of the brand and communications agency United Imaginations and former editor-in-chief of Helsingin Sanomat, is our head of content.

Content writer

Anu, a co-founder of the brand and communications agency United Imaginations and former editor-in-chief of Helsingin Sanomat, is our head of content.

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

Authors

Content writer

Anu, a co-founder of the brand and communications agency United Imaginations and former editor-in-chief of Helsingin Sanomat, is our head of content.

Journalist

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

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Monthly Leadership Moves

September's finance seats started filling from inside

Oct 9, 2026

Through August, every incoming chief financial officer at a Helsinki issuer since December 2025 already held the title somewhere else. In September, Vincit promoted from its own controlling team and UPM made WISA's interim finance chief permanent. The lateral market did not close: Tieto and Relais both hired sitting finance chiefs, and Terveystalo is now searching for one.

Listeds had recorded at least ten CFO changes across Nasdaq Helsinki and First North between December 2025 and August 2026, and not one incoming finance chief was taking the job for the first time. Last month's roundup ended on whether September would break that run. It did, at the smaller end of the market.

The month's second signal was structural. Viking Line, Kalmar, Terveystalo and the planned UPM and Sappi graphic paper joint venture each redrew an organization in September and named the people to run it. Board-level change stayed thin, and most of it was nomination-board formation for the 2027 annual general meetings rather than turnover in the boardroom itself.

Vincit and WISA broke the lateral run with internal finance appointments

The Digia and Vincit chain that opened in August closed in September. Vincit named a successor on September 01, and went inside to do it. Paula Kuittinen, Head of Management Accounting and Business Control since March 2026 and before that more than 12 years in finance roles at CGI, most recently she has been the Finance Director, now becoming the CFO on November 1. "It is great to be able to appoint our new CFO from within the company," said chief executive Julius Manni.

On September 18, UPM's board appointed Lasse von Hertzen, previously WISA's interim CFO, its permanent Senior Vice President and Chief Financial Officer, effective when the plywood demerger completes. That finishes a WISA leadership team named in full by the parent's board, with trading expected from November 2.

LapWall took a third route. Tuomo Riihonen's employment ended on September 24, and the next day the company named Tiina Määttä Chief Financial Officer and Legal Officer from October 1. Her record runs through finance and legal advisory roles at Talenom and Greenstep and the chief executive seat at Kymsol Group.

Kempower named Lasse Hatinen on September 9, bringing more than 15 years of finance leadership in listed industrial companies. He joins by March 1, 2027 at the latest, from Metso where he has served as Senior Vice President, Group Controller. Juha Jaatinen, interim since August 13, holds the seat until then.

Larger issuers kept buying finance chiefs who already hold the title

The lateral market remains the default above small cap. Tieto appointed Juuso Pajunen from Terveystalo on September 16, and Terveystalo opened its search the same day. Relais Group appointed Joonas Mäkipeska on September 14 from Technopolis, where he is Chief Financial and Strategy Officer, after CFO roles at Holiday Club Resorts, Sponda and ALD Automotive. Chief executive Christian Gebauer framed the brief as "continued profitable growth, supported by financial discipline, strong cash conversion and investment discipline."

Stora Enso moved the other way on the same theme: on September 17 CFO Niclas Rosenlew was named deputy chief executive to President & CEO Hans Sohlström while keeping the finance role. Tallink appointed Armin Penner as its new CFO on September 8. He has worked for more than six years as CFO and Management Board Member of Circle K Eesti and has also served as CFO of Euroapteek and Ragn-Sells Eesti. 

SSH went outside for its chief executive, Arvo went to its own board

September's two listed-issuer CEO appointments took opposite routes. SSH Communications Security named Lars Bell from Omada, where he was Chief Customer Officer and interim chief executive, effective October 1. The share rose 49.5% in the five sessions to September 7. Bell inherits a business whose second-quarter revenue recovered to EUR 5.7 million, up 6.8%, while EBITDA fell 40.7%, and he starts on the same day as CFO Cristian Arias. The third-quarter report will be the first one a rebuilt executive team owns.

Arvo Sijoitusosuuskunta named Teemu Kokko, a member of its board of directors since 2021, deputy chief executive from December and chief executive from April 1, 2027. The selection ran through a nomination committee drawn from the cooperative's supervisory board, one level above the board Kokko sits on. He inherits first-half operating profit of EUR 8.5 million against EUR 6.5 million a year earlier, most of the step-up traced to an approximately EUR 6.9 million gain on the HANZA exit.

Reorganizations, not departures, produced most management-team changes

The month's largest management-team changes came attached to new structures. Kalmar announced plans on September 3 to simplify its operating model by combining divisions. Terveystalo said on September 4 it will report in four segments from 2027, Healthcare Services, Oral Health, Public Partnerships and Sweden, and named Ville Pesonen senior vice president for oral health. Viking Line renewed its management structure on September 8 and established a Viking Leadership Team. UPM and Sappi nominated Gunnar Eberhardt and Stephen Blyth to lead their planned graphic paper joint venture on September 8, and the wider management team on September 14. 

Technology seats moved alongside. Aspocomp named Ville Raatikainen Chief Engineering and Technology Officer from January 1, 2027, the second outside hire to its team since July, timed to the phased commissioning of its expanded Oulu plant.

Directors moving into executive roles drove September's committee changes

Only one board chair left. Kari Syrjänen resigned as chair of Biohit on September 2. The two committee changes that followed shared a cause: a director taking an executive job. Tulikivi's audit committee chair Niko Haavisto left the board after becoming CFO of Fiskars, and Panu Paappanen became the chairperson on September 14. At Olvi, director Tarmo Noop left the audit committee to run the Estonian subsidiary A. Le Coq on an interim basis, and board chair Nora Hortling replaced him.

September split the finance pipeline by company size

September broke the lateral CFO run, but only at the smaller end of the market: Vincit and WISA filled their finance seats from inside, while Tieto and Relais kept hiring sitting finance chiefs. At chief executive level, Arvo promoted from its own board and SSH went outside. Most management-team changes followed reorganizations rather than departures. On boards, the committee changes came from directors moving into executive roles, and most other activity was nomination-board formation for 2027. With interim finance cover at Kempower and Relais and an open seat at Terveystalo, the next test is whether larger issuers start filling finance seats from within. 

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