Workers Feel a Return to the Office is Like a Pay Cut
Summary
According to a recent survey conducted by the Federal Reserve, employees who are asked to return to the office after working remotely during the pandemic are likely to experience a pay cut of around 2-3%. The survey also revealed that a significant number of workers would consider quitting their jobs if they were required to give up remote work arrangements. The findings indicate that many employees value the flexibility and convenience offered by remote work, and they are willing to make financial sacrifices to maintain this arrangement. This trend highlights the evolving dynamics of the modern workplace and the increasing importance of remote work options.
Fortune
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