Employees Willing to Cut Salary to Work Remotely
October 02, 2013
By Michelle Amodio
, TMCnet Contributor
How much is working from home worth? According to responses to a group of polled tech workers, many would be willing to cut an average of 7.9 percent of their pay to work remotely.
Business VoIP providers guide GetVoIP asked the question and found that many are willing to forego certain perks, primarily in the form of salary, to be able to park it in their respective homes to do their jobs.
The company polled 501 tech employees and used Google (News - Alert) Consumer Surveys tool to analyze the results. What it found was pretty interesting:
- 47 percent responded that they would not take a pay cut to telecommute
- 31.9 percent responded that they would take up to a 10 percent pay cut to telecommute
- 4.7 percent responded that they would accept a 11-20 percent pay cut to telecommute
- 3.5 percent responded that they would take a 21-30 percent pay cut to telecommute
- 6.7 percent responded that they would take more than a 31 percent pay cut to telecommute
A lot of studies support these statements. Research suggests that workers without workplace flexibility would be willing to make substantial trade-offs to have access to telecommuting and/or flex hour programs; they were more satisfied and productive in the workplace when they have flexibility and control.
Inc. Magazine found that remote workers tend to be about 10 percent less productive than their in-office colleagues when they perform repetitive work.
That said, productivity soars when telecommuters are performing creative tasks. Remote workers are about 20 percent more productive when they get to think outside the box.
In general, telecommuters are almost twice as likely to work more than a 40-hour workweek. In fact, only 28 percent of non-telecommuters work beyond 40 hours, while 53 percent of telecommuters extend their work hours.
One of the best ways to offer a telecommuting option to employees is to search for the right VoIP system. With VoIP, it becomes easy to access the advanced features of a phone system from a remote location.
Edited by Rachel Ramsey