It could cost you real money to earn your paycheck — at least according to a new report that examines the costs of moving into an office versus working from home. He found that workers could spend twice as much just to show up for work.
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The study comes from Owl Labs, a 360-degree video conferencing solutions company that produces an annual report on the state of remote working. The new survey data, released in early September 2022, covers everything from trends in remote and hybrid working to the true cost of travel in times of inflation – as well as fears of proximity bias and the subject of “the ‘silent stop’.
The general consensus discussed throughout said report is that people want to work from home. In fact, according to the Owl Labs study — which surveyed 2,050 full-time employees across the country — 90% of respondents said they felt more productive working remotely than when they were in the office.
There could also be financial savings associated with working from home. Owl Labs found that inflation and gas prices actually make it more expensive to work in an office. They claim that it costs most employees about $863/month to commute to work rather than staying home, or about $432/month (for utilities, office supplies, etc.) . Thus, 14% of respondents even said that they should be paid more to go to work.
Another finding is that a majority of survey respondents indicated that the ability to work remotely has improved their personal lives, with 58% saying they are better able to optimize work-life balance. personal while staying at home. In fact, the desire to balance work and private life and the annoyance of burnout have led many to “quietly quit” or do only the bare minimum required for the job. It’s the new big quit, but also a trend that could actually hurt employers more in the long run (if they don’t adapt), according to Work Life.
Owl Labs even noted, “Employers may be getting more from their remote workers, and in return, they’re creating policies to better support them.” The study goes so far as to note that one in three respondents would quit their job if remote working disappeared.
With people wanting to stay in their home office, employers have had to balance meeting their needs at a time when workers seem to have the upper hand as there is an abundance of vacancies allowing job seekers to be picky.
In fact, the Wall Street Journal reported that the current ratio is 2:1 for the number of jobs available for each person laid off. It is reported that in July, for example, there were 11.2 million jobs available and 5.67 million people looking for work. So while employers have tried to encourage employees to return to work – a push that recently picked up again just after Labor Day – the Washington Post reported that a “battle” was brewing as “employers losing patience”.
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There are ways to better negotiate remote work options with your company. Here are a few tips:
- State your case. Ask your boss for a meeting where you can present the idea and present concrete ways that could help you and the team. Maybe working off-hours would fill a gap where coverage is needed, or maybe they could give your desk to the office to the new hires they’re planning to hire.
- Highlight your accomplishments. As Fortune noted, think of this conversation as if you were negotiating a raise. Be sure to show them what an asset you are to the company with specific examples of your big wins. If you show them that you are a responsible worker and that they couldn’t live without you, it will help your case.
- Anticipate their concerns. Telling your boss that you want to work from home permanently might raise a few eyebrows. But, as Forbes says, if you think about why they might be trying to deter this opportunity, and you have answers to all their concerns, you might open their eyes and give them something to think about.
- Be ready to negotiate. Go into discussions knowing that your boss might not be okay with working remotely 100%, but maybe he would be okay with a hybrid situation where you come into the office two days per week. Be ready to meet them in the middle.
- Put the details in writing. Once you’ve made the deal, make sure you have it in writing—almost like a job offer. This way you and your boss know what is expected in this new working paradigm and can refer to the document. This paperwork will be good to have in the event of a change in management, according to Forbes.
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