Flex Index 3/14: The Massive Reshaping of Commercial and Residential Real Estate
The impact of remote work on real estate markets and cities
Current Subscribers: 1,205; +99 since last week
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By The Numbers
Total Flex Index Companies: 4,122
Company listings added, edited, or verified this past week: 86
Newly Added Companies
Blog: The Newer Geography of Jobs
Fraction of Flex Index firms with Fully Flexible work plans by state
In his guest post, Arpit Gupta, Associate Professor of Finance at NYU Stern School of Business, examines the impact of remote work on real estate markets and cities. Armed with Flex Index data, Arpit explores how severing the link between work and home has the potential to drastically reshape the future of housing, commuting, and spending.
Company Spotlight: Advocate Aurora Health
At Advocate Aurora Health many corporate roles and those specifically who do not see patients for their work can choose how often to come to the office. You can request to work fully remote.
Fact of the Week
80% of US Financial Services companies offer at least some work location flexibility
Financial Services companies offer significantly more work location flexibility than the US industry average. 80% of Financial Services companies offer some level of flexibility compared to a 51% industry-weighted average.
You can find more insights like these in our recently published Financial Services Deep Dive.
In The Media
Bloomberg: More than two out of three banks are offering workers either full flexibility or some sort of hybrid work arrangement
Linkedin News: Banks overwhelmingly embrace hybrid
Yahoo Finance: Flex Index finds that the way work happens in Finance has implications that reach far beyond the financial districts
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About Scoop
Scoop is the fastest way to plan your next great office day. With Scoop, employees get more out of going in, with easily scheduled in-office days and invites. For HR and workplace leaders, Scoop provides insights on work location trends, office usage, and additional workplace solutions to get the most out of hybrid work.