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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 1 year ago by BrikoX@lemmy.zip 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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[-] ElectricCattleman@lemmy.world 28 points 1 year ago

I think it's basically saying companies need to pay more if they want people in-office. Which makes sense to me. If you want someone to spend time and money to commute they need to compensate for that. You can't ask someone who has been WFH to start coming in without some incentive or else you're basically cutting their pay.

That said, many people won't switch from WFH to in-office for any amount of money.