Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Companies With Flexible Remote Work Policies Outperform On Revenue Growth

Forbes: “…A new report released Tuesday by Scoop, a hybrid work management startup that also compiles the data set Flex Index, includes an analysis of remote work policies and revenue growth at 554 public companies done in partnership with the Boston Consulting Group. It found that the average public company that gives employees choice over whether to come into an office also outperformed on revenue growth over the past three years by 16 percentage points, compared to companies with more restrictive policies. “That gap was really surprising to us—and larger than expected,” says Rob Sadow, CEO and cofounder of Scoop, whose Flex Index acts as an online “repository” of remote work policies for some 7,500 companies. The analysis tracked revenue growth between 2020 and 2022, first normalizing the data for industry performance to eliminate differences between high- and low-growth sectors…”

Sorry, comments are closed for this post.