A new survey shows that companies with flexible work policies have experienced four times faster revenue growth compared to those with stricter office attendance policies. The analysis of 554 public companies found that fully flexible firms increased sales by 21% between 2020 and 2022, while companies with hybrid or fully on-site workforces only saw 5% growth. The study included companies across 20 sectors and revenue growth was normalized against industry averages.
Even among companies with some office attendance, those that allowed employees to work remotely a few days a week had double the sales growth compared to those in the office full-time
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Skimpflation: When Companies Swap Out Ingredients in Food ProductsSkimpflation is when companies swap out ingredients in food products for cheaper ones without lowering the price. The practice can be hard to detect because shoppers don't have access to companies' recipes.
منبع: CBC - 🏆 32. / 63 ادامه مطلب »
Canadian Companies Warn of Consumer Weakness Amid Rising Debt PaymentsCanadian companies are reporting a decline in consumer spending due to rising debt payments and inflation. The high household debt levels in Canada are causing consumers to change their behavior, leading to a decrease in sales for various industries. This trend is expected to continue as mortgage borrowers experience increased payments.
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »
Creating Pseudo-Positions in CompaniesSome managers resort to 'time-tested methods' of creating pseudo-positions when staff is unhappy with the lack of growth prospects.
منبع: boredpanda - 🏆 18. / 72 ادامه مطلب »