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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 to c/worldnews@lemmy.ml
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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

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[–] 1 point 3 years ago (1 child)

Yeah, just keep in mind that in some countries, paying out vacation hours results in a large portion of that sum being paid to the tax-man. In the Netherlands that's about 40% (from the top of my head).

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  • [–] 4 points 3 years ago

    Yeah, I'm in the US and I understand that a bunch of that might be paid to the tax man but at the very least, I'm getting that cash out. Currently, the only way for me to benefit from it is to get my same salary every week but just have times where I'm not at work which just means I have more work when I come back. Things have been tight since my wife lost her job (though she does have an interview next week so fingers crossed) so just getting even half of that $10.9k in cash back to replenish our rainy day fund would be a big relief.

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