Submitted 11 months ago by L4s@lemmy.world [bot] to technology@lemmy.world
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.
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.
Damn… I still prefer that over going into the office at least, since I don’t have to commute
I’m definitely more productive in the office, doesn’t mean I hate it any less though.
Not surprised, I’ve seen a lot of people say they are willing to work for less if they can work from home. Those who support WFH will get the best talent cheaper.
I love this news and all but let’s remember that Forbes is a hot garbage web magazine that is perpetuating a lot of the corporate narrative about how wfh is dying and how businesses need to bring people back because “culture”.
I think they are trying to play both sides of the issue to keep those juicy clicks rolling into their site.
Office culture, in my eyes, has about as much actual culture as a freshly sterilized petri dish.
Freshly Sterilized Petri Fish is about as neutral as you can get.
Office culture is far more hostile to the worker than that.
Harvard Business Review does the same thing. It’s really funny. One issue will have pro-executive+commercial real estate talking points (not backed up by data, just feelings) and then they’ll drop an online article or two talking about the power of remote work supported by actual data.
Different writers with different opinions no?
To absolutely NOBODY’S surprise.
I dunno. Bosses everywhere gonna be shocked by this.
Watch everyone forget that correlation doesn’t equal causation when it confirms their biases.
I can only speak for myself. I work a hybrid schedule. I am far more productive when I work at home because I am much more comfortable and much less distracted.
For me it is the other way around. At home too much distraction. In the office I can focus.
It strongly suggests either causation (WFH -> RG), reverse causation (RG -> WFH), or common causation (Some other factor ->WFH&RG).
Alternative headline: Better run companies outperform
Study by company that makes remote work tools finds that remote work is good
Growth-growth-growth, more growth.
Degrow already.
Number must go up…
Big number better than small number, god guys catch up. Pay attention.
Work from home is the future for businesses that 100% operate out of an office, and are basically only an office.
Why pay for a centralized building? Pay for upkeep? Pay taxes for the building?
Especially when the WFH model makes more money? Well, to the wealthy few they realize the soul-crushing work in-person model maintains their class status. This could upset their class structure, and they’re terrified of it.
I’m popping a bottle of discounter champange when the ‘office-building-crisis’ starts
Hopefully they will become the desperately needed affordable housing.
There’s probably always going to be a central administrative place for handling mail, holding sensitive documents, etc. But it can all be a lot smaller than it is now.
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.
For now, restrictions are mostly coming from companies that still have leases on big office spaces, and who don’t recognize a sunk cost fallacy when they see one. We’ll see how that plays out in the next few years as those leases expire.
14% increased productivity going from at will part time remote work (meaning many were full time at the office) to full time remote work for everyone. That means full time remote work is even better than flexible or whatever other hybrid bullshit employers try to impose on their employees.
Who Would Have Thought.
Right?
Well yeah except the un-necessary managers (or the managers being not really needed, etc. YGMP), I guess they are not in a good place right now.
Anyway, this morning I brushed my teeth around 9h45.
This proves that people don’t leave bad jobs, they leave bad bosses.
Even if they didn’t, it’s just nicer for everyone involved. Don’t you want to work for a company that people like working at?
Nice
I want to work in a fish tank.
Welcome to C-world!
Can confirm.
Alternatively, “Companies that outperform on revenue growth can afford to have more flexible remote work policies.”
Someone tell all those tech startups or the tech megacorps or the traditional companies … Maybe just tell everyone :D
Lifecoach5000@lemmy.world 11 months ago
My company just officially closed our office and made everyone permanent WFH. Best news I’ve had all year!
Assman@sh.itjust.works 11 months ago
I had that happen at the start of COVID. Then I went to another wfh job. Then that job started forcing two days in office a week 😑
EighthLayer@lemmy.world 11 months ago
It’s at that point I’d start looking for a new job.
TheDarkKnight@lemmy.world 11 months ago
Lol we did the same from the start of the pandemic and the growth has been insane
prole@sh.itjust.works 11 months ago
i.e. someone who understands the sunk cost fallacy.
nieceandtows@programming.dev 11 months ago
I haven’t been to my office since 2020. Loving wfh.