My last remote company had quarterly offsites, and sponsored at least a conference of your choice per year if you wanted to go to it. My current remote company

My last remote company had quarterly offsites, and sponsored at least a conference of your choice per year if you wanted to go to it. My current remote company hasn’t had many offsites (covid + clients in healthcare) but hires aggressively and pays significantly above market. Also spares almost no expense on employees. It’s hard to compare like for like though. How much of any company’s actions can be attributed to budget savings from cutting physical offices, as opposed to any number of other variables: decisions from leadership, market strategy, or quality of last funding round? It’s hard to isolate just the one cause, but it might be worth gathering that aggregate data to see if patterns exist.