▲ 1403 ▼ The back-to-office backfire: Companies ending WFH perks lose out on top talent, who view flexible work as equivalent to an 8% raise (www.businessinsider.com) submitted 3 years ago by BrikoX@lemmy.zip to c/worldnews@lemmy.ml 156 comments fedilink hide all child comments cross-posted from: https://lemmy.zip/post/1125686 Archived version: https://archive.ph/vL1mC Archived version: https://web.archive.org/web/20230806071111/https://www.businessinsider.com/employees-work-from-home-benefits-as-good-as-raise-2023-8
[–] thefluffiest@feddit.nl 92 points 3 years ago (1 child) It’s not a perk. Don’t reinforce their framing permalink fedilink source hideshow 2 child comments replies: [–] LeFantome@programming.dev 26 points 3 years ago* I have not read the article yet but the headline saying “equivalent to an 8% raise” does not just have to mean some kind of soft value. I have to drive 50 km each way to my office. I am much more likely to eat out while at work ( or to hit a drive-thru on the way home ). Given the price of gas where I live, going to the office probably costs me $50 a day more than staying home. That is $50 after tax so you can simplistically double that in terms of salary that it consumes. If I have two jobs to choose from, from a purely financial stand-point, my current job and a fully remote one that pays me $100 less per day are equivalent in terms of the value they bring to my family. Crap. I have been a “want to be in the office some of the time” guy but making me actually type this out has made me question that. I think I need to start shopping my CV. permalink fedilink source parent
[–] LeFantome@programming.dev 26 points 3 years ago* I have not read the article yet but the headline saying “equivalent to an 8% raise” does not just have to mean some kind of soft value. I have to drive 50 km each way to my office. I am much more likely to eat out while at work ( or to hit a drive-thru on the way home ). Given the price of gas where I live, going to the office probably costs me $50 a day more than staying home. That is $50 after tax so you can simplistically double that in terms of salary that it consumes. If I have two jobs to choose from, from a purely financial stand-point, my current job and a fully remote one that pays me $100 less per day are equivalent in terms of the value they bring to my family. Crap. I have been a “want to be in the office some of the time” guy but making me actually type this out has made me question that. I think I need to start shopping my CV. permalink fedilink source parent