What's actually driving outcome differences for companies. - Rob Sadow
Headcount is never a perfect proxy for financial performance. But the companies that are hiring are typically the ones that have the financial position to be able to do so. They're growing revenue, they're growing earnings, and therefore they can afford to invest - Rob Sadow
And so it's not a leap to believe that the companies that are growing headcount then on average are probably doing better, winning in their industries. - Rob Sadow
Rob and team compared the Flex Index data with People Data Labs
They found that flexible companies (fully remote and/or hybrid) were adding head count at 2x the rate of full time in office counterparts.
While hiring in and of itself it not a perfect proxy for performance, it certainly is an important data point for corporate health.
I wonder how 2024 is tracking to 2023?
Full Report
The Flex Report: Job Growth Edition
July 2023
Full Length Conversation
Rob Sadow: Flexible, Policy, Match, Benchmark | Work 20XX podcast with Jeff Frick
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Companies growing headcount on average are probably doing better, winning in their industries - Rob Sadow