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Could Flexible Work Policies Be Linked to Higher Revenue Growth?

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The study observed 554 public companies and revealed a 16-percentage point higher revenue growth over three years compared to firms with more traditional office policies. In comparison, companies with more stringent policies showed only 5% growth. The post Could Flexible Work Policies Be Linked to Higher Revenue Growth?

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Why Commercial Real Estate Is Measuring Carbon Emissions All Wrong

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Environmental, social, and corporate governance policies have become a critical part of a company’s longevity. In comparison, traditional offices had an average of 49 units of CO2 per square meter. . Although there are many ways to address environmental issues , flexible offices may provide some of the biggest savings. .

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Meta’s Shares Fall 10% Following Snap’s Ominous Q2 Warning

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“Like many companies, we continue to face rising inflation and interest rates, supply chain shortages and labor disruptions, platform policy changes, the impact of the war in Ukraine, and more,” Evan Spiegel, CEO of Snap, said in a memo to staff. .

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Flexible Work Models Still Dominate Tech Industry

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The data show 79% of tech companies offer fully flexible work models, but large tech firms could be putting an end to that. Companies including Apple and Meta have transitioned to structured hybrid policies that require workers to be in the office at least two to three days per week.

2024 257
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Analysts Decrease IWG Revenue Predictions As Inflation Takes Its Toll

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Due to China’s “zero Covid” policy, IWG has had to close many of its offices in Shanghai, further hampering its revenue stream. . In comparison, WeWork recently reported an increase in revenues for the first quarter of this year, citing large companies seeking out more flexible lease options. .

Policies 246
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Groupon Lays Off 15% Of Its Staff

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This includes cutting down on its cloud infrastructure, closing its Australia Goods business, adopting more hybrid work policies and reconsidering its real estate footprint. . While the most recent round of job cuts at Groupon is significant, it still pales in comparison to its move to lay off or furlough 2,800 workers in April of 2020.

2020 246
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Over Half Of Employees Prioritize Job Security Over Flexible Work

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According to the study of nearly 13,500 people, 50% said they desired having a safe workplace, while 49% valued a competitive salary and good time-off policies. In comparison, the desire for flexibility actually ranked 12 on the overall list of workplace needs.

Salary 245