> Companies With Flexible Remote Work Policies Outperform On Revenue Growth
> The report shows that the three-year industry-adjusted revenue growth rate of companies that have what Scoop calls a “fully flexible” policy—meaning they allow employees or teams to choose when or whether they come to the office, or are fully remote—is 21%. Companies in the data set with more restrictive policies—say, those that have corporate mandates for a couple days per week or those that require full-time work in the office—had only a 5% industry-adjusted revenue growth rate, the analysis found. When excluding the tech industry over the same period, public companies that were “fully flexible” outperformed by 13 percentage points.
You should offer office-optional, if you're tech you should really offer office-optional. I'm genuinely shocked how people didn't see these results coming, companies are simply unwilling to invest the money to give every employee a nice office tailored to their own productivity but guess what -- employees will do that on their own if you let them, for free.
> The report shows that the three-year industry-adjusted revenue growth rate of companies that have what Scoop calls a “fully flexible” policy—meaning they allow employees or teams to choose when or whether they come to the office, or are fully remote—is 21%. Companies in the data set with more restrictive policies—say, those that have corporate mandates for a couple days per week or those that require full-time work in the office—had only a 5% industry-adjusted revenue growth rate, the analysis found. When excluding the tech industry over the same period, public companies that were “fully flexible” outperformed by 13 percentage points.
You should offer office-optional, if you're tech you should really offer office-optional. I'm genuinely shocked how people didn't see these results coming, companies are simply unwilling to invest the money to give every employee a nice office tailored to their own productivity but guess what -- employees will do that on their own if you let them, for free.
https://www.forbes.com/sites/jenamcgregor/2023/11/14/compani...