What's it worth to work from home? For some, it's as much as one-third of their wage
Briefly

A significant number of Australian workers would be willing to take a pay cut in order to work from home, according to a survey of 1,113 workers in Australia's largest urban areas. About one-fifth of respondents said they would sacrifice between 16-33% of their salary to have the flexibility to work remotely. However, over half of the workers surveyed were unwilling to take a pay cut, either because they did not see significant benefits to working from home or because they preferred to work in a physical workplace.
A significant proportion of Australian workers- about one-fifth -would be prepared to sacrifice between 16% and 33% of their salaries for the right to work from home, which works out at A$12,000 to $24,000 of those workers' salaries.
The survey findings were consistent with previous surveys conducted before and during the COVID-19 pandemic, suggesting that the widespread shift to remote work during the pandemic did not significantly impact workers' preferences. Before the pandemic, only a small percentage of workers in major Australian cities worked from home, while during the pandemic, this number increased to 21%. The survey also found that a substantial proportion of workers, 23.5%, saw the benefits of remote work but were concerned about how it would affect their organizational relationships and career prospects.
Surprisingly, our findings are consistent with those of other surveys conducted both during and before the pandemic, suggesting the widespread move to working from home during COVID hasn't changed preferences.
Read at Phys
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