Many workers would take a pay cut to work from home

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Many employees appreciate a long -distance work to such a degree that they would take a shortening of wages to work from home, also on part -time base, as studies show.

The prevalence of distant work during the Covid 19 pandemic. Many experienced teleworking maybe for the first time in your career; According to the PEW Research Center, the employees quote the balance between work-life as by far the greatest perceived advantage.

Some researchers have quantified the financial values ​​that the workers assigned to telework.

For example, about 40% of the employees indicate.

Around 9% of their salaries would exchange at least 20% of their salaries for the preservation of teleworking, said researchers who interviewed more than 2,000 employees.

In other words, the workers see the ability to work from home two or three days a week – from home to get an increase, says Nick Bloom, an economic professor at Stanford University, the management practices in the workplace studied.

Data that Bloom has collected in recent years indicate that the average worker increases a remote work to around 8%, he said.

“This number seems to be remarkably stable over time, said Bloom in an email.

“You can find higher figures for some sub -quantities of employees,” said Bloom, Bloom said.

In a working paper of the National Office for Economic Research, published in January, which was mostly published in the area of ​​technology, found that they would accept an average wage cut of 25% for a job that offers completely or partially remote work.

“The reality is: it is a very attractive feature of a job,” said Zoe Cullen, assistant professor for business administration at the Harvard Business School, which co-established NBER research.

The paper examined data on almost 1,400 employees from the US technology sector. The average person was 32 years old and had about seven years of professional experience. The researchers collected data on the job offers that receive individuals and the jobs they ultimately select, with the average appearance offering $ 239,000 per year for overall remuneration.

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Of course, not all Americans outside of office work prefer.

About 41% of employees with the ability to work telephoto, but rarely, that they are more connected in office work with the employees, and 30% of the opinion that personal work with mentoring opportunities helps loudly Pew Research Center.

The work from home has also subsided from its peak from pandemic.

Large companies such as Amazon, AT&T, Boeing, Dell Technologies, JPMorgan Chase, UPS and Washington Post have initiated the mandates for returning to Office for at least a few employees.

President Donald Trump also granted an order on January 20 to end the long -distance work for federal employees and with some exceptions called for full -time employment.

According to the industrial economists, employers do not seem to be massive at the national level.

The number of days paid during the working week from home during the working week has more than tripled with between 25% and 30% of WFH research in the past two years.

Employees are not the only ones who receive an advantage: According to the industrial economist, remote work is also a profitable agreement for companies.

For example, employers can save money for real estate by reducing office space. You can also hire job candidates from all over the country, possibly in a lower relative content, depending on geography.

Workers with the ability to work from home also tend to stop less frequently, and thus reduces corporate expenses for expensive functions such as setting, recruitment and training, said Bloom.