Take a pay cut and work from home forever: Many office workers think it’s a great idea

A research by Citrix discovered that extra employees are starting to worth the liberty of distant working over the numbers on their paycheck.


Employees need a greater work-life stability, and are keen to sacrifice a slice of their paycheck in return.

Picture: lolostock, Getty Photographs/iStockphoto

Workplace employees could be keen to sacrifice as much as 20% of their wage in return for a totally distant position that allowed them to work from wherever, in keeping with new analysis type Citrix.

A ballot of 1,000 workplace employees within the UK carried out by OnePoll on behalf of Citrix discovered that three-quarters (75%) of workers would settle for a pay minimize in return for a job that allowed them to work remotely.

On common, respondents mentioned they’d be keen to take a 14% wage discount if it meant that they had the liberty to work from wherever. Primarily based on the average UK salary of £30,472 ($41,541) per 12 months, this may characterize a gross discount of round £4,266 ($5,815) on common per worker, per 12 months.

The findings recommend that workplace employees, each within the UK and elsewhere, are starting to understand the advantages of flexible-working preparations that promote a greater work-life stability and empower them to take extra management over how, when and the place they work.

Citrix’s research echoes findings by nameless skilled community Blind in August 2020, which discovered {that a} third of employees would
be willing to take a 35% pay cut

if it meant a greater work-life stability.

Over 1 / 4 (27%) of employees surveyed by Citrix mentioned they’d settle for a pay minimize of between 15-20% for a totally distant position, with an analogous quantity (26%) ready to just accept a pay minimize of over 20% for the profit.

Citrix discovered that these aged between 45 and 54 have been ready to take the biggest pay minimize, averaging 16% – or £4,887 gross wage, based mostly on the nationwide common revenue. Almost one in 5 (17%) workers inside this age group have been keen to forgo greater than 25% of their wage for distant working, the corporate found.

SEE: Return to work: What the new normal will look like post-pandemic (free PDF) (TechRepublic)    

The over 55s have been the least open to wage reductions for the good thing about distant working, with 36% saying they would not settle for a pay minimize for everlasting distant working.

Darren Fields, regional vice chairman of UK & Eire at Citrix, mentioned: “We’re now in a world the place workers have seen the potential that distant working holds to enhance their work/life stability – a lot so that they are keen to forgo a good portion of their salaries to realize this on a everlasting foundation.” 

The coronavirus pandemic and ensuing transition from bodily workplaces to digital ones is one issue contributing to the altering attitudes to distant work. The place it was as soon as concerning with skepticism and reluctance by many, companies have since realized that workers may be trusted to work remotely
without massive drops in productivity or output

 (although it is price noting that this is not the case for everybody).

SEE: TechRepublic Premium editorial calendar: IT policies, checklists, toolkits, and research for download (TechRepublic Premium)

Because of this, remote-working preparations are extensively anticipated to turn into a key function in
the post-COVID ‘new normal’,

which has led to some economists suggesting that workers who can work at home should even be taxed for the privilege.

Researchers from Deutsche Financial institution argued that taxing distant employees would imply that cash saved on meals and journey bills might be fed again into the financial system, or redistributed to low-income employees whose roles cannot be carried out over a Wi-Fi connection.

Whether or not the prospect of an additional tax would change individuals’s willingness to sacrifice a slice of their paycheck stays to be seen, although Citrix’s research is one more indicator of how a lot worth workers place on being unshackled from conventional – and more and more outdated – nine-to-five routines.

“Know-how permits us to take management of our working lives in a manner we have by no means been capable of earlier than. Fortunately, these wishing to spend extra time working remotely are now not burdened by outdated cultures and stigmas,” mentioned Fields.

“Whether or not you are working from dwelling, a collaborative working area or a espresso store, with the fitting expertise, workers can profit from the identical safe digital workspace they’d historically have skilled within the workplace, remaining productive and engaged, wherever they’re logged on.”

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