Scoop, the company enabling employees to plan great in-office days effortlessly, releases The Flex Index Tech Industry Deep Dive Report. Citing data from the Flex Index* – the world’s most robust source on company in-office requirements – the Tech Industry Deep Dive shows a huge variance versus the 4,000+ companies that make up the Flex Index. A recent Q2 report found Structured Hybrid had secured its spot as most popular workplace model, with only 28% electing remote-first. In contrast, Tech remains 75% Fully Flexible.
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Maintain the “Digital Nomad” Lifestyle at Small Tech Companies
Still dreaming of working from the beach? The best bet for people looking to protect full-time WFH privileges is to opt for a smaller company, where 88% offer fully remote schedules. Those seeking larger companies aren’t out of luck, though. Fully Flexible doesn’t fall from the majority stake model until companies grow beyond 5,000 employees (where Structured Hybrid is gaining ground from BOTH remote and fully in-office precedents, going from 29 to 39% since last quarter).
These giants are the overall industry’s outliers, but seem to be setting the standard for the category’s largest companies – closely mimicking patterns of other big companies. Once an organization surpasses 25,000 employees, Structured Hybrid is the dominant structure in tech, with 65% of companies choosing the model (up 21% points – 19 from remote; 2 from fully in-office – from Q1).
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“While the leap away from remote to hybrid work policies is significant, what’s even MORE significant is how small a percentage of hybrid companies require employees in-office on Fridays,” said Rob Sadow, CEO of Scoop and creator of the Flex Index. “Only 2% of hybrid tech companies require Fridays, and only 15% require Mondays, which could create super interesting follow-on impact for all kinds of industries, from airlines and hotels, to restaurants and fitness studios, and beyond.”
Methodology
The Flex Index collects firmographic and office requirements information on more than 4,500 companies. These companies collectively have more than 30,000 office locations and employ more than 100 million people.
Company office requirements are generated through a combination of online survey and manual entry of publicly available information. All surveys must be submitted by an employee of the company with an accompanying work email address to verify their employment. All surveys contributing to this Flex Report were conducted between October 2022 and May 2023. Once a company is incorporated into the Flex Index, company representatives are contacted to inform them of their inclusion. Companies can add or update their information on the Flex Index at any time.
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