Just 3% of tech firms are asking their employees to work in the office full-time. This is a significant drop from 8% last year and comes after companies experienced more resistance than they had anticipated, according to a 2024 Flex Index survey of 2,670 tech companies that collectively employ over 11 million people.* While 38% of tech firms had an “employee’s choice” model in 2023, today that percentage has jumped to 56%. It’s now the most popular policy among tech firms, with 79% of tech firms surveyed being fully flexible. To explore your options around hybrid and remote work and how to make this work for your business, set up a call with Eoin using this link: https://buff.ly/3Ci5ulo to discuss how we can help to make hybrid or remote work an effective option for your company. Or sign up here for our Leading Remote and Hybrid Teams course today: https://buff.ly/41beZxh This instance of this course is fully funded. #remotework #remoteupskilling #fundedtraining #LOETB * Source: https://buff.ly/3A7simV
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Our latest Flex Index report is a Tech Industry Deep Dive 👨💻 👩💻 🤖 We analyzed flexible work policies for 2,670 technology companies that collectively employ 11M+ people. Link here: https://bit.ly/466m0jw Despite media coverage around Tech RTO, 79% of Tech companies are Fully Flexible (meaning no required office time). That's up from 75% a year ago. However, the composition of that group has changed quite a bit. The percentage that is Fully Remote (no offices at all) is DOWN from 37% a year ago to 23% now. The percentage that is Employee's Choice (offices, but no requirement to go in) is UP from 38% a year ago to 56% now. So the office is far from dead in Tech. It's actually becoming more popular, albeit with a different use case than it had five years ago.
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Is #Tech moving away from the office? According to Flex Index latest #FlexReport, 79% of tech firms are now Fully Flexible — up from 75% in 2023. But there’s more to the story… ✅ 56% of Tech firms have adopted an Employee’s Choice model, up from 38% in 2023 ✅ Only 23% of Tech firms are now Fully Remote, down from 37% in 2023 ✅ 90% of small Tech companies (<500 employees) are Fully Flexible vs 23% of large ones (25k+ employees). The takeaway? Tech isn’t abandoning offices but reimagining their role in the workplace. Check out the full report 👉 https://lnkd.in/gWZYcSnB
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A recent study shows that companies with 250+ employees have a 33.8% home office rate, while smaller firms with less than 250 employees only reach 13.8%. What factors drive this gap? Infrastructure, job types, organizational structures, and company culture might play a role. However, we should also consider that small businesses often thrive on close-knit teams and personal interactions. What's your experience? Does company size impact remote work policies in your industry? #RemoteWork #CompanySize #WorkplaceFlexibility #WFH #RTO
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We were all in the office in 2019, then at home in 2020, then hybrid workers in 2022, and now we’re being ordered back to the office. Are you confused yet? No matter what happens in the “return to office wars,” the option of large-scale remote and hybrid work models has shifted how businesses operate. Global Business Services (GBS) can be the consistent underlying framework that allows organizations to flex up and down as needed. How? By delivering: 1. Standardized processes 2. Scalable technology 3. Centralized support Where do you stand personally on the fully remote vs. hybrid vs. full-time in-the-office debate? #GBS #GlobalBusinessServices #RemoteWork
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Tech execs who pushed for office returns are now backtracking! According to a recent report, only 3% of firms demand full-time in-office work. The lesson? Flexibility isn’t just a perk; it’s the future of work. Only 3% of firms are asking staff to return full-time, reflecting a significant shift in workforce dynamics. It’s clear that the push for in-office work underestimated the value employees place on flexibility. As the tech industry grapples with a workforce revolt, it's becoming apparent that hybrid and remote work are not just trends - they're the future. This shift calls for a deeper understanding of employee needs and a reevaluation of what productivity looks like in the modern workplace. In my view, this backtrack is a necessary adjustment to align with the evolving expectations of a tech-savvy workforce. I think the key here is flexibility and choice. No one wants to be forced into anything, and I'm surprised they thought mandates would work. Companies that embrace this flexibility will likely see greater engagement, retention, and innovation. What do you think? Is this the right move for tech companies? Share your thoughts below! #TechTuesday #FutureOfWork #RemoteWork #WorkplaceFlexibility #TechIndustry #ReturnToOffice
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💡 Remote work reduces overhead by cutting out costs like rent, utilities, and office equipment, saving an average of $11,000 per remote worker annually (Global Workplace Analytics). Businesses can reinvest these savings in: ✅ Attracting Talent: Offer better salaries or benefits to draw top talent and improve retention. ✅ Technology: invest in essential digital tools for productivity and security. ✅ Marketing: Boost customer outreach and digital presence to drive growth. ✅ Employee Development: Fund training programs to keep your team skilled and competitive. These reinvestments support growth, efficiency, and a stronger, more resilient business model. 🤔 How would you reinvest savings from a remote setup? Will you attract talent, tech upgrades, or something else? #BusinessEfficiency #RemoteWorkSavings #FutureOfWork #LeadershipStrategy #BusinessInnovation #CEOPerspective #ScaleYourBusiness #SmartInvestments #RemoteTeams #GrowthMindset
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In our webinar "Pro Tips for Understanding 2023’s Industry Landscape and Predicting Trends in 2024," we discussed the enduring impact of remote work on business models. Here are some key takeaways: 🌟 The pandemic drove the rapid creation of hybrid teams, reshaping traditional brick-and-mortar setups. 🔄 Businesses have largely maintained remote work capabilities, even post-pandemic. 🏢 BPO firms are gaining a competitive edge by offering both remote and in-person options. 💼 Employees prefer remote work, finding it hard to return to physical call centers after adapting to home offices. 🌍 Remote work allows companies to hire talent from a wider geographic area, enhancing growth opportunities. How many of these predictions have held true as we find ourselves in July 2024? Share your thoughts! 💬👇 Watch the full webinar for more insights into industry trends for 2024! 📈✨ https://bit.ly/3RQLE5J #RemoteWork #BusinessModel #WebinarHighlights #IndustryTrends2024 #HybridTeams
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Tech & Flex: Solutions for Better Work 🖥️ Balancing employee flexibility with business goals is no small feat in today's hybrid work environment. With 61% of UK employees preferring hybrid working, and 89% of organisations adopting remote models, it's clear that flexible work is here to stay. The challenge lies in equipping employees with the right tools to thrive, wherever they are. High-quality connectivity and advanced tools like Software-Defined Wide Area Networking (SD-WAN) are game-changers for businesses. These solutions not only improve productivity but also enhance employee satisfaction. For example, 81% of staff believe technology is crucial for staying engaged and happy. Investing in the right tech can level the playing field, making work seamless and efficient, whether at home or in the office. How are you leveraging technology to support your team? Let's exchange ideas below! 👇 #HybridWork #EmployeeEngagement #TechForBusiness For more on how we can support your hiring needs, visit www.austinlee.co.uk.
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Tech & Flex: Solutions for Better Work 🖥️ Balancing employee flexibility with business goals is no small feat in today's hybrid work environment. With 61% of UK employees preferring hybrid working, and 89% of organisations adopting remote models, it's clear that flexible work is here to stay. The challenge lies in equipping employees with the right tools to thrive, wherever they are. High-quality connectivity and advanced tools like Software-Defined Wide Area Networking (SD-WAN) are game-changers for businesses. These solutions not only improve productivity but also enhance employee satisfaction. For example, 81% of staff believe technology is crucial for staying engaged and happy. Investing in the right tech can level the playing field, making work seamless and efficient, whether at home or in the office. How are you leveraging technology to support your team? Let's exchange ideas below! 👇 #HybridWork #EmployeeEngagement #TechForBusiness For more on how we can support your hiring needs, visit www.austinlee.co.uk.
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The top people in most industries won't go back to working in an office full time. Likewise Gen Z will only accept Hybrid. This creates an issue for big corporations forcing their employees back to the office 🤔 Potentially smaller businesses have an opportunity here, being more flexible etc. Thoughts? #remotework #hybrid
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