Flex Index 7/11/23: Building Community in a Hybrid or Remote Workplace
Actionable strategies to maintain wellness and connectivity
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Boundaries, Self Care, and Building Community Remotely | Tiffany Dufu
In our latest episode, we’re joined by Tiffany Dufu, founder and CEO of The Cru and bestselling author of "Drop the Ball: Achieving More by Doing Less." Tiffany shares the lessons she learned while leading her company through the challenges of the pandemic, including:
Embracing self-care & boundaries: Why self-care & establishing boundaries are vital, especially during challenging times.
Building community: Practical strategies and advice on how to foster community and seek mentors in a flexible working world.
Nurturing connections: Tips to build relationships and strengthen connections even when in-person interactions aren’t available.
Listen on Apple Podcasts or Spotify.
Coming July 18th: Job Growth Report
At the beginning of 2023, the vast majority of banks, economists, investors, and executives believed that we were on the path toward recession. The Fed had raised interest rates at the fastest pace in a generation. Inflation was up 6.5% over the prior 12 months. The stock market was down, and layoffs were abundant.
Fast forward to July 2023, and the economy is surprisingly strong! GDP grew by 2% in the first quarter of 2023. Inflation has dropped to 4%. The US has added a seasonally adjusted 1.67M jobs this year, and the unemployment rate is historically low at 3.6%. Perhaps a recession is on the horizon, but it's not showing up in the data yet.
On July 18th, we’ll explore which types of companies are finding the most success in adding talent and whether there’s any linkage between a company’s office requirements and its headcount growth. From that analysis, we can start to draw some early conclusions on how impactful flexibility is on a company's ability to attract talent.
ICYMI: The Role of People Analytics in Shaping Effective Flexible Work Policy Design
In today’s rapidly evolving world of work, the best organizations are increasingly turning to People Analytics to make evidence-based decisions about their workforce.
Shujaat Ahmad, Director of People Analytics - Future of Work at LinkedIn, discusses the role and purpose of People Analytics in optimizing the future of work. Key highlights include:
How analyzing data related to performance, talent acquisition, retention, and development provides valuable insight into work location strategy
Why collaboration with the CHRO is critical for People Analytics to succeed
How People Analytics helps balance executive ‘gut feel’ with data-driven decision-making when setting flexible work policies
Check out the full post to learn how embracing People Analytics can help your organization achieve a competitive advantage, foster continuous improvement, and shape the future of work.
Company Spotlight
At Best Version Media, most corporate employees are expected to come in 2 days per week. The department or function sets the requirements, typically on 2 set days per week. If you don’t live near a corporate office, you can work fully remotely.
Fact of the Week
While Tech Is the Most Flexible Industry, the Percentage of Companies That Are Fully Flexible Decreased from 79% in Feb to 75% in May.
The fastest-rising model has been Structured Hybrid, where companies set a specific expectation on when or how often employees come into the office.
In the Media
WSJ: Layoffs and hybrid-work patterns are reducing corporate footprints in Northern California towns.
Entrepreneur: There is a growing divide between big tech and small tech when it comes to flexible work options, and it doesn't bode well for the future of large tech firms.
Fortune: While some workers are being hauled back to the office, job seekers can still find plenty of opportunities for remote work in these ten cities.
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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.