Scoop Technologies Inc., a company that advises organizations on hybrid staffing coordination, conducted new research that analyzed headcount growth among approximately 3,600 fully-flexible, hybrid, and entirely in-office companies. The findings revealed that flexible companies, including those with hybrid, fully-remote, or electively-remote staff, expanded their headcount at a rate more than double that of fully in-office companies from March to May.
“Companies experience faster growth when they offer flexibility because people are more motivated to join,” stated Rob Sadow, co-founder and CEO of Scoop. He further added that flexibility ranks second only to compensation in terms of workplace satisfaction for prospective employees. Therefore, the consistent growth in headcount can be partially explained by the influx of talent towards flexible firms.
“Companies should be cautious when expanding office attendance requirements beyond three days,” advised Scoop CEO Rob Sadow.
The research also discovered a strong correlation between the number of in-office days required per week and workforce growth. Companies that mandated one in-office day per week saw a 5% increase in staff over the past year, while those requiring five in-office days had a growth rate of 2.6%.
“Companies should exercise caution when expanding office attendance requirements beyond three days, as this begins to significantly impact their ability to increase headcount,” Sadow cautioned.
Despite the increase in hiring by flexible companies, job growth overall is slowing down. The US nonfarm payrolls only expanded by 209,000 in June, the lowest monthly increase since the end of 2020. This indicates a decline in the number of available positions while demand remains high. In May, job listings offering full-time remote work garnered nearly half of all applications on LinkedIn, compared to just 19% for hybrid positions.
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