Out of curiosity, if offered the option to be fully remote in exchange for a lower salary, what % reduction would make it worth it to you?
While this will never happen, I'd gladly accept a 15% lower salary in exchange.
12 replies (most recent on top)
Remote work means working what used to be commute time. Depends on a personal situation.
I would go for top dollar.
working from home isn't that great. I can do laundry when I get home, and childcare is what I have a wife for.
Best part of a remote job is you can have more than one
About $2.
I worked from home for 15 years before they made me start coming into the office. I didn't get a pay raise then, so I wouldn't accept a decrease going the other way.
The real key is that it's worth a billion dollars/year to WF...so they should be demanding that we work remote. An incredible amount of time, money, and FTE is wasted on buildings for no reason. Admin buildings shouldn't even be a thing. Once you make that decision, no more building management contracts, no more landscaping, all utility expenses are pushed to employees, no more cameras, no badge readers, no technicians and vendors to keep all that running, no remodels, no architects, no engineers, no branding cr-p, on and on it goes. It's a massive undertaking for no benefit.
Easily 50% of the compensation.
15-20%
20%. I’m spending a few hundred a month on parking, another few hundred on eating out, and losing an hour a day to a commute.
Easily worth a 20% pay cut, plus I could more easily work out.
I make about 12% less in my remote job but I had a bad commute before (an hour each way into the city and would have had to pay monthly parking, gas). In my case I feel it is worth it. However, if I lived 2-3 miles from a suburban office with no parking cost, my answer would be different.
My commute is generally pretty easy because it’s just a half hour or so and mostly by train. Assuming in-office stays 3 days per week, even including the extra money I end up spending on lunch or vending machines that I technically don’t have to, (I’m just going to assume the extra water bill from more laundry and showers going in would roughly offset the extra electric bill I’d have full remote) and I’m very fortunate that coming in probably only costs me maybe 1k per year extra, tops. Accounting for PTO/holidays and assuming I take ~8-10 half days of PTO per year, that means I need to come in ~115 days per year to maintain the 3.0 in-office average. Assuming every day going in costs me about 100 extra minutes of time between commuting and having to get ready, then we’re talking about ~192 hours of my time lost per year to having to go into the office. I’ll say that extra free time is worth about $50 per hour to me. So add that to the money I’d save and I’d probably be willing to take maybe a 10 -11k pay cut to be full remote.
Not a penny.