How is the Flexa100 calculated?
The most flexible companies for 2022 have been announced, but how do we know that they are truly flexible? We explain all here.
25th Jan 2022
Tl;dr - watch this video here:
Our Flexa100 ranking is the first list of its kind. We benchmark our companies using hundreds of thousands of data points that evaluate factors such as working from home, remote working, flexible hours, dog-friendly offices, flexible benefits, and other key ways of working and cultural indicators.
But how do we do that?
Well, we have built two different indices that every company on Flexa has to measure up against. We haven't managed to benchmark every company in the world yet, but only companies offering truly flexible working are on Flexa, and these are the most flexible of all of those companies!
Our two Flexification indices are:
#1 is our employer Flexscore:
This is generated through a questionnaire that is scored against our flexibility index (1 = not at all flexible, 100 = couldn’t be more flexible, 51 is average) using a number of parameters to assess flexibility such as working from home, hours, frequency of travel, benefits, etc.
#2 is our employee Flexscore:
This is generated through a company-wide questionnaire which is scored against our employee perception index (1 = not seen as flexible, 100 = couldn’t be happier with the flexibility, 51 is average) using a number of more emotional / perception based questions to understand whether employees feel supported and offered what they want. The areas we cover are work-life balance / managerial support / flexible benefits / working environment / and many others. This is taken from a representative sample of employees at every Flexified company.
The weightings that are assigned to the different sections that make up our questionnaires are generated using our users' data on workplace preferences to ensure that flexibility is not just dictated by Flexa, but by hundreds of thousands of people all over the world!
We then average the two scores and rank the companies by their scores... Voila! The most flexible companies in the world.