Remote workers OK with pay cut
Briefly

A study by Harvard, UCLA, and Brown University revealed that remote workers, particularly in the tech industry, would accept up to a 25% pay cut to retain their work-from-home arrangements. The research suggests that the appeal of remote work is driven by the value it provides as a perk rather than purely salary considerations. This willingness underscores the importance of flexibility and quality of life in modern work environments as companies push for a return to the office amid changing workforce preferences.
The study found that the average remote worker is willing to accept up to a 25% pay cut for fully remote positions, indicating that the work-from-home flexibility is a significant motivating factor.
Researchers highlighted that the primary reason for salary sacrifice is the perceived value of the remote work method as a vital fringe benefit that enhances overall job satisfaction.
Read at Newsday
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