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
Holy smokes, working from home is not a “raise.” You should be compensated for the value you bring, not where you’re sitting when you bring value.
Holy smokes, working from home is not a “raise.”
Sure it’s not a raise, but that’s not really the question. The question is the hidden cost that companies are imposing on themselves by demanding that employees come into an office. If employers are going to demand that out of their employees, they should do that with the expectation that employees will ask to be compensated or will leave.
I spend $400 a month on gas because of my long commute. Work from home is definitely a raise in my situation. Gas bill goes down to $100 a month. Works out directly to a 5% raise just in gas alone. Car insurance can be switched to leisure only saving money further. Gain an extra two hours a day which were unpaid before, so my workday is now only 8 hours instead of 10, that is another equivalent to 25% on an hourly rate indirectly.
Then there is all the other benefits such as just being happier and more productive.
It could be considered a raise in terms of the amount of time you dedicate to work and the amount you get paid for it.
8 hour shift plus 1 hour commute both ways means you effectively dedicate 10 hours to your job. Replace the commute with a 30 second walk from your bed to your desk and you are now making more money for your time.
Mind you, I still agree that remote work should never be actively viewed as a raise or a perk. It should be the default for jobs that are compatible, which is a ton of them.
But boomer bosses need to physically see their workers sitting in chairs, they need that feeling of power!
From experience I have seen how employers/government were forced back to the office. My Indian colleagues had to return to their offices because the office buildings were empty and it cost money. Government officials either owned or had friends own office buildings and it made monetary sense for them to force workers back to the offices. It was a play between corrupt officials and businesses, nothing more. Well, that and a profound and deep distrust of their workforce. It was a sad sight to see that happening to them.
My guess is that this could also occur the same way in the west.
It’s not a perk. Don’t reinforce their framing
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.
Commuting is also a nightmare. Thats 1-2 hours a day of slog to get to an arbitrary location to do a job that I could do at home. Combine this with school drop offs and pick ups and the ability to do life admin during the week instead of cramming it all on a Saturday with everyone else like pre COVID and WFH is a winner.
