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Many workers Value remote work Research shows that to this extent, they will cut their salaries to be able to work from home, even when they are part-time.
The prevalence of remote work surged during the 19009 pandemic. Many people may be the first time in their careers to be experienced. Employees believe that work-life balance is so far The greatest perceived benefitAccording to the Pew Research Center.
Some researchers have quantified the financial value workers assigned to teleworking.
For example, about 40% of workers say they will accept at least 5% of their salary to retain their remote jobs. Recent research Researchers at Harvard University, Johns Hopkins University and Urbana-Champaign University of the University of Illinois.
Researchers surveyed more than 2,000 workers and about 9% of people would save telework at least 20% of their trade salary.
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In other words, workers think that the ability to work from home (even two to three days a week) is equivalent to a salary increase.
He said data collected by Bloom in recent years showed that the average worker would equate remote work with about 8% pay raises.
“This number seems to be very stable,” Bloom said in an email.
“For some subsets of workers, you can find higher numbers,” Bloom said.
For example, the National Bureau of Economic Research Working documents Research published in January focused on the technology field and found that they cut their salaries by an average of 25% to provide full or partially distant jobs.
“The reality is: It’s a very attractive feature of the work,” said Zoe Cullen, assistant professor of business administration at Harvard Business School, co-authored the NBER study.
The paper examines data from nearly 1,400 workers in the U.S. technology field. An ordinary person is 32 years old and has about 7 years of work experience. The researchers collected data on the job that could be provided for individuals to receive and ultimately choose jobs, with an average performance offering a total salary of $239,000 per year.
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Of course, not all Americans like to work outside the country.
About 41% of workers have the ability to work remotely (but rarely do) say office work can help them feel more connected with their colleagues, while 30% think face-to-face work can help guide opportunities, Pew Research Center says .
Working from home has also declined from the peak of the pandemic era.
Big companies like Amazon, AT&T, Boeing, Dell Technologies, JPMorgan Chase, UPS and the Washington Post Return to school mission has begun There are at least some employees.
President Donald Trump Order was also issued on January 20 Terminate remote work For federal employees, full-time office attendance is required, with some exceptions.
That said, according to labor economists, it seems that employers have not laid off jobs nationwide.
Number of paid days for working from home during work week Stay stable According to WFH Research, between 25% and 30% in the past two years, more than three times the anterior ovarian rate.
Employees are not the only ones who get benefits: so are remote working Arrangements for profit for enterprisesaccording to labor economists.
For example, employers can save real estate money by reducing office space. They may also hire job seekers from all over the country, which may be based on the lower relative salary of the geographical location.
Workers who are capable of working from home also tend to reduce frequency, thereby reducing companies spending on expensive features such as hiring, recruiting and training, Bloom said.