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Employees willing to take pay cuts, forgo benefits – Press Enterprise


During the COVID-19 pandemic, dozens of American employees have been allowed to work from home, and a new report shows that many want to keep it that way. I am.

NS Research According to Breeze, a disability insurance company based in Nebraska, 15% of U.S. workers are willing to cut 25% wages if their current or future employers allow them to work remotely. Indicates that you will receive it at.

According to the report, an even larger 65% of employees will take a 5% wage cut to work from home, nearly 40% will abandon health insurance and 44% will abandon dental insurance.

Changes in the sea

This figure shows that people’s views on the workplace have changed significantly, and that employees are increasingly valued in their focus on work-life balance.

NS 2020 report According to research and advisory firm Gartner, more than 80% of corporate leaders plan to allow employees to work remotely for at least some of the time after the COVID-19 pandemic has passed. increase.

Jon Swift, Regional Vice President of Global Talent Solutions Company Robert HalfSaid that many employees are firmly established in the telecommuting arrangements.

“In the last 16 months, they have had time to adapt to this new lifestyle,” he said. “People who may not have been so interested in working from home before are now resisting the idea of ​​returning to the office.”

Remotework arrangements have also broken geographical boundaries, as companies can now hire workers from virtually anywhere, according to Swift.

“At the local level, LA-based companies, which previously competed only with companies in other LA regions for job seekers, are competing with companies on the west side of the Mississippi River and beyond.” He said. “Employees know this. They have an advantage.”

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Candidate market

According to a Breeze survey, 46% of workers will give up a quarter of their paid vacation in exchange for being able to work remotely.

Many are ready to jump on board if current employers do not allow them to continue working from home, Swift said.

“The other day my employer was talking to a job seeker in Pasadena,” he said. “During the pandemic, he moved to the Inland Empire a few hours away, but now his company wants him to come back to his office.”

According to Swift, candidates have moved from being “happy to be employed” to looking for new jobs that are close to where they live or that offer remote work.

“He will get it,” he said. “It’s a candidate market.”

Remotework was unknown to many when it began to attract attention in March 2020. Suffering from the difficulty of zooming, the first few weeks were unstable and anxious for both executives and employees.

However, some studies have shown that teleworkers work more time and accomplish more. actual, Study by Stanford Of the 16,000 workers in nine months, working from home showed a 13% increase in productivity.

Uptrend

NS The future of labor pulse reports Published by UpWork at the end of last year, one in four Americans said they would work remotely in 2021. By 2025, he said 36.2 million people would work in remote areas. This is an 87% increase from the pre-pandemic level.

Many employers who do not necessarily subscribe to the telecommuting model promote a “hybrid” approach that allows employees to work remotely for some hours and stay in the office for other working days. Is expected.

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“According to a survey we conducted, half of the workers would actually prefer a hybrid approach,” Swift said. “You will find that there are many employees who do not want to be completely separated from the office. They enjoy spending time with their colleagues.”

Many people try to avoid the five-day weekly traffic and other annoyances associated with reporting to the office.

“The hybrid approach could be a game changer because they don’t want that,” Swift said.

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