Flexible work policies fuel faster company growth, says study
NEW YORK, UNITED STATES — Companies implementing flexible work schedules, including total remote and hybrid options, are seeing their workforce expand at nearly double the rate of companies insisting on full-time in-office attendance, said remote work platform Scoop.
According to a recent study, Scoop revealed that companies requiring employees to be in the office for just one day per week saw a 4.8% increase in their workforce over the last year.
On the other hand, those demanding four or five days of office presence experienced slower workforce growth rates of 3.8% and 2.6% respectively.
Interestingly, companies with fully flexible schedules reported a 5.6% growth in headcount.
This report analyzed data from Scoop’s Flex Index, which monitors over 4,000 companies’ work schedules, and hiring data from People Data Labs, revealing a strong link between office attendance mandates and workforce expansion.
Scoop CEO and Co-Founde Rob Sadow noted that flexible wokr options not only widen the talent pool but also enhance a company’s appeal to potential employees.
“Most employees are relatively comfortable going in a few days a week… Going from three days to more than three days is maybe a bright line. Workers will go seek a company that is more flexible if they have the opportunity,” he stated.
He also advised corporate leaders to carefully consider how their remote work policies might impact future talent acquisition, underlining the ongoing growth potential for hybrid companies.
