Remote work is here to stay. Despite the opening of office spaces, many workers still prefer remote to the traditional in-office setting.
A new study found that 63% of workers in the U.S. are willing to take a pay cut to preserve their remote working status.
Additionally, 17% would sacrifice as much as 20% of their full pay to continue working remotely. 10% said they would even give up more than 20% of their current paycheck.
In 2023, 13% of full-time roles were done remotely, with 28% following a hybrid model.
However, it’s estimated that the number of remote workers in the U.S. will increase to 32.6 million by 2025, which equates to 22% of the working population.
It may seem extreme, with inflation and the current cost of living, cutting part of your salary just for the benefit of working from home.
Nonetheless, it makes sense because commuting charges are at an all-time high. Increased public transport costs and the price of gas all add up.
Workers in the office also spend more on lunch, coffee, and snacks.
Plus, remote work was proven to be more beneficial for those with young families or other caring responsibilities at home.
40% of the workforce is made up of parents. A survey found over a third were willing to leave their jobs if flexibility became an issue.
