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Tuesday, March 28, 2023

What are Americans prepared to undertake to effectuate labor from a distance?

As discovered Breeze insurance company, 65% of US residents would take a 5% pay cut to continue working from home. 38% of respondents said they would accept a 10% pay cut and 15% would be willing to part with a quarter of their salary to avoid returning to the office.

Salary isn’t the only thing Americans would be willing to lose for working remotely. The survey authors also found that:

39% of respondents would give up health insurance to work remotely; 44% would refuse life insurance services; 23% of respondents would agree to halve their paid leave; 15% of Americans said they would be willing to give up vacations altogether; 36% would refuse to pay their 401(k) retirement account; 53% would be willing to work ten hours overtime per week; 44% of Americans would opt out of paid maternity leave; 55% of respondents said they could give up social media for a year to work remotely; 34% of Americans would give up the right to vote in local and state elections for the rest of their lives; 52% would be willing to lose their Netflix (or favorite streaming service) subscription for a year 52% of respondents would retire from Amazon services for the entire next year.

Notably, Millennials and Generation Z are less willing to give up part of their income or benefits to work remotely than their older counterparts.

Thus, 21% of Generation X Americans (born in the 1960s-1980s) would accept a quarter of their salary cut, while among millennials (1980-1996) this figure is 14%, and among zoomers (people born after 1996) – ten percent.

About 1,000 people in the United States participated in the survey.

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