Get All Access for $5/mo

Here's How Much Money U.S. Employees Will Sacrifice to Avoid Returning to the Office, According to a New Study Ninety percent of U.S. workers don't want to be in the office five days a week.

By Amanda Breen

Key Takeaways

  • Prospective employees are willing to take an 8% cut in annual pay for a hybrid or fully remote job.
  • The No. 1 perk that would change their mind is a company willing to cover commuting costs.

Nearly four years after the pandemic upended the way we show up for work, many U.S. employees still don't want to return to traditional in-office models.

Prospective employees are willing to take an 8% annual pay cut for a job that's partially or fully remote, Stanford economist Nicholas Bloom told USA Today.

Related: In-Office Workers Spend (A Lot) More Money Than Remote Employees During the Workday. Here's How Much.

That comes to roughly $4,600 a year, as the median U.S. salary for full-time employees is $57,200, per the outlet.

But employees who work from home are likely to see even more significant savings.

The average employee can save up to $6,000 if they're working from home 50% of the time in a hybrid position — and up to $12,000 if they're fully remote, according to a study from remote-work site FlexJobs.

Some of the biggest savings come in the form of commuting costs, clothing and dining out, per the research.

Related: Meet the Typical Remote Worker, Who Makes Good Money, Runs Errands During the Day, and Will Take a Pay Cut to Avoid RTO

On average, a commuter in the U.S. spends $8,466 going to and from their work site in a year, or about 19% of their annual income, according to agent-matching service Clever Real Estate.

So perhaps it's not surprising that 90% of Americans don't want to come into the office five days a week, per a Gallup poll — and say that the No. 1 perk that would change their mind (38%) is a company willing to cover 100% of their commuting costs, according to a report from video conferencing company Owl Labs.
Amanda Breen

Entrepreneur Staff

Senior Features Writer

Amanda Breen is a senior features writer at Entrepreneur.com. She is a graduate of Barnard College and received an MFA in writing at Columbia University, where she was a news fellow for the School of the Arts.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Solutions

Increase Productivity with This Microsoft 365 Subscription, Now $25 Off

It can make the entrepreneur life a lot easier.

Business News

Apple Pay Later Is Ending. Here's What's Taking Its Place.

The program was available for less than a year.

Leadership

This Artist Answered a Businessman's 'Powerful' Question — Then His Work Became 'the Poster Child for Juneteenth': 'Your Network Really Becomes Your Net Worth'

Reginald Adams was the executive director of a Houston-based art museum for more than a decade before he decided to launch his own public art and design firm.

Leadership

Harvard Business School Professor Says 65% of Startups Fail for One Reason. Here's How to Avoid It.

Team alignment isn't nice to have -- it's critical for running a successful business.

Business News

Here's What Companies Are Open and Closed on Juneteenth 2024

Since it became a holiday in 2021, Juneteenth has been recognized by some major corporations as a paid day off.

Growing a Business

I Hit $100 Million in Annual Revenue by Being More Transparent — Here Are the 3 Strategies That Helped Me Succeed

Three road-tested ways to be more transparent and build relationships that can transform your business — without leaving you feeling nightmarishly over-exposed.