Flex Index 3/7: The Financial Services Deep Dive
Learn about the latest workplace flexibility trends in the Financial Services industry
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By The Numbers
Total Flex Index Companies: 4,106
Company listings added, edited, or verified this past week: 79
The Flex Report: Financial Services Deep Dive
Jamie Dimon, CEO at JPMorgan, made headlines in April 2021 when he came out strongly in favor of full-time in-office work. Perhaps more so than any other industry, Financial Services has garnered plenty of media and public attention for the sharp takes of bank executives on flexible work.
Yet, our Q1 2023 Flex Report found Financial Services to be a top-five industry for flexibility. So what’s the real story? Is the future of Financial Services a full return to the office, or are flexible work opportunities more widely available than what is being covered in the media?
In our latest Flex Report, we dig deep into the data on office requirements in Financial Services. We’ll look at sub-sectors such as Banking, and uncover what job seekers can really expect when looking for flexible work opportunities in the Financial Services industry.
Check out what Bloomberg had to say about the report.
Want a sneak peek of what’s in the report? Here’s a little preview 👇
20% Of US Financial Services Companies Require Fully On Site Work
Despite the headlines, most Financial Services companies offer some level of work location flexibility. Flexibility does vary significantly by sector, size, and location.
Fintech Leads the Way in Work Location Flexibility
Nearly 80% of FinTech companies are Fully Flexible, giving employees complete control over when or if they come into the office. Banking offers the least flexibility with 18% of companies Fully Flexible.
The Difference in Flexibility by Firm Size Is Staggering
Companies under 250 employees offer dramatically more work location flexibility than their larger counterparts. Even excluding FinTech, smaller companies are nearly 3x as likely to be Fully Flexible.
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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.