Companies With Flexible Remote Work Policies Outperform On Revenue Growth::According to a new report, companies with flexible remote work policies outperform firms with more restrictive policies when it comes to revenue growth rates.
My company just officially closed our office and made everyone permanent WFH. Best news I’ve had all year!
Lol we did the same from the start of the pandemic and the growth has been insane
I haven’t been to my office since 2020. Loving wfh.
I am LESS productive in the office. It’s distracting. I have to commute. There is less time for hyper focus.
These results don’t surprise at all.
Joke on me. My company is full remote work, but add more meetings because we have to communicate live somehow, even though we can work asynchronously. Less focus time for me.
I’m definitely more productive in the office, doesn’t mean I hate it any less though.
Yep. Employees are happier work harder and produce better work than those who are just going through the motions. Fewer distractions and longer commute means less productivity is possible.
Working in the office is kind of a sham imo, although I won’t fault people who do prefer that face-to-face communication with their co-workers.
The key here is choice. Let the employees decide. Don’t force your bullshit policies on everyone
To absolutely NOBODY’S surprise.
It’ll end up being something also to do with managers of places that permit wfh being more relaxed than in places that prevent it.
Alternative headline: Better run companies outperform
The article itself seem to cast doubt on the remote work policies themselves being the cause of the revenue growth, but that the remote work policies were more a symptom of the company’s culture (more trust in their employees). Though it could just be a chicken/egg thing, where the only reason these companies are so flexible and trusting with their employees is because the company is already doing well, whereas companies that aren’t doing well feel the need to “tighten belts” and start restricting things. To me, it almost seems like the canary in the coal mines. If a company starts restricting work from home, chances are there’s something else already going wrong.
Study by company that makes remote work tools finds that remote work is good
Growth-growth-growth, more growth.
Degrow already.
Nice
This proves that people don’t leave bad jobs, they leave bad bosses.
Can confirm.
As a mid career employee I love remote work. Reflecting on my early career development, I don’t know how I would have gotten to where I am without the in person interaction with more senior folks and my peers.
Someone tell all those tech startups or the tech megacorps or the traditional companies … Maybe just tell everyone :D
I’ve worked remote for 4+ years and could not see myself going back. I love being able to leave a meeting and hang with my wife & kids, even for 5 minutes, it makes my day better.
That said, many of the people that report to me are part of a co-contractor whose policy is essentially structured to force low performing assets into the office. I’m not quite sure how I feel about that, but in my role, I’ve seen it be successful for them.
