Tech Workers Would Take 25% Pay Cut for Remote Work, NBER Study Finds
New research reveals tech employees value remote work flexibility far more than previously thought, willing to accept substantial salary reductions for work-from-home options. The surprising study also found no actual pay differences between remote and in-office positions, raising questions about labor market dynamics.
JPMorgan Workers Revolt Against Mandatory Return-to-Office Policy
Nearly 600 JPMorgan Chase employees have signed a petition opposing CEO Jamie Dimon's mandate for full-time office return in March 2024. Workers argue the policy reversal undermines trust and disproportionately impacts women, caregivers, and those with disabilities who joined under hybrid arrangements.
Workers Would Accept Pay Cuts to Keep Remote Work Benefits, Research Shows
Recent studies reveal that 40% of employees would take a 5% salary reduction to maintain remote work arrangements, with tech workers willing to accept even steeper cuts up to 25%. The trend highlights how workplace flexibility and work-life balance continue reshaping traditional employment dynamics.