Are You Willing To Take A Pay Cut To Continue To Work Remotely?
LONDON - NOVEMBER 03: Production staff on the weekly fashion magazine, Grazia edit the magazine in a temporary office inside the Westfield shopping centre on November 3, 2008 in London. For one week Grazia magazine is being produced in the Westfield shopping centre and are offering shoppers free make-overs, fashion consultations and advice on pursuing a modeling career. (Photo by Oli Scarff/Getty Images)
A lot of folks have been working from home since March, and it seems not many are excited to get back to the office. In fact, a new survey finds that some would go so far as to take a pay cut if it means they could continue to work remotely.
The survey finds:
- 89% of Americans are currently working remotely due to the coronavirus.
- 66% say they would take a pay cut in order to continue having the flexibility to work from home.
- 14% would take a 1-4% pay cut
- 29% would take a 5-14% pay cut
- 17% would take a 15-24% pay cut
- 34% would not take a lower salary for flexible remote work
- Those 35 to 49 are most willing to take a pay cut (74%), as compared to:
- 71% of those 18 to 34
- 47% of those over 50
- Men are also more willing than women to take a cut in salary (74% vs. 58%).
The bottom line is a lot of people aren’t necessarily ready to return to the office.
Source: Yahoo Finance
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