Here’s what workers are thinking, and what they need from their employers, a year into the pandemic
Surveyed workers say that they feel more productive and happy when given the ability to work remotely, but many would reject the deal if it came with a lower salary and no other benefits.
As employers consider the future of work, including remote employee and hybrid work environments, many employees are rejecting any trade off that might lead to a reduced salary.
It’s a proposition that has been floated by some companies, such as tech realty outfit Redfin, as an option for workers who have moved out of expensive cities and want to stay in a remote location after the COVID-19 pandemic is over. However, workers aren’t so keen on the deal.
In research from Talent LMS, 62% of workers in a survey said they would not accept a 10% pay cut to keep working remotely.
However, the survey makes a distinction when it comes to how employees feel valued by their organizations. Workers who are offered remote training were more likely (45%) to accept a pay cut than workers who weren’t offered training (30%).
“This difference suggests that employees who feel they’re being invested in by their companies are willing to give up financial compensation for other perks or work-related benefits, whereas those who feel less valued are unwilling to do the same,” the survey states.
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