ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Swapna Venugopal Ramaswamy | National Housing and Economy Correspondent @SwapnaVenugopal | | | | |
Happy Monday, TDM readers! This is Swapna Venugopal Ramaswamy bringing you today's headlines. |
How much of a pay cut would an American employee take for the privilege of working from home? |
That makes sense, given that remote workers spend about $6,000 less per year than office-bound employees, according to FlexJobs, a remote-work site that has run surveys on the value of telework. Workers reap those savings by preparing their own meals, walking their own dogs and making fewer trips to the dry cleaner. |
And yet, saving money is not the top reason Americans favor remote work. |
It's the commute. Working from home saves employees about an hour a day, on average, Bloom said. |
"There's a saying," Bloom said. "Leisure is a lot more valuable at home than it is at work." |
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