More than half of all companies worldwide now allow employees to work from home at least part-time, according to a new report that also reveals a direct link to lower turnover rates.
The latest Global State of Remote Work report from video-conferencing firm Owl Labs shows 56% of companies globally offer full- or part-time remote options. Among them, 40% use a hybrid model while 16% operate fully remotely.
Organizations that provide any form of remote work experience 25% less employee turnover than those that do not, based on Owl Labs' 2017 research. The updated data reinforces a clear trend: flexibility is no longer a perk—it's a retention strategy.
'The numbers don't lie: when workers have the freedom to choose where they work, they stay longer,' said Frank Weishaupt, CEO of Owl Labs. 'For companies, that translates directly into lower hiring and training costs.'
Weishaupt added that the 44% of companies still requiring full in-office attendance face a growing risk of losing talent to competitors that offer remote flexibility.
Background
Remote work has evolved from a niche benefit to a mainstream expectation. The Owl Labs report, released earlier this month, surveyed more than 1,200 global employers and 2,400 employees across industries.
The findings build on the company's 2017 study, which first quantified the turnover advantage. Over the past six years, the percentage of companies offering remote options has climbed steadily, driven by advances in collaboration technology and shifting workforce priorities.
Hybrid arrangements—where employees split time between home and office—have emerged as the most popular middle ground, adopted by 40% of firms. Fully remote setups, while less common, have doubled in prevalence since 2017.
What This Means
For employers, the message is clear: offering remote work is not just about employee satisfaction—it's a financial decision. Lower turnover reduces recruitment expenses and preserves institutional knowledge.
For workers, the data underscores the growing bargaining power of flexibility. As more companies compete for talent, those that resist remote options may find themselves at a disadvantage.
The 25% turnover gap suggests that remote-friendly companies benefit from a more stable, engaged workforce—an advantage that becomes even more critical in tight labor markets.
Owl Labs plans to release additional regional breakdowns in the coming weeks, which may reveal whether the trend holds across different economies and industries.