How much money do people save working from home?

Survey finds workers savings in the thousands as they seek flexibility, work-life balance

How much money do people save working from home?

Almost half (45 per cent) of workers say they save at least $5,000 a year by working remotely, according to a survey by FlexJobs.

One in five estimate a cost savings of over $10,000 per year while 29 per cent estimate they save at least $2,600 a year.

Most workers also want some flexibility, according to the survey of 4,000 respondents. Nearly two in three (65 per cent) of workers prefer a full-remote arrangement while 32 per cent want a hybrid setup.

And 57 per cent state they would look for a new job if they couldn’t continue to work remotely.

Other workers share the sentiment: 32 per cent of Canadians say that they would look for another job if their employer forced them to work exclusively from the office.

Work-life balance wins

A majority of workers are leaning towards a better work-life balance than better pay in their job search,

If they had to choose between the two, respondents say they prefer:

  • definitely better work-life balance (44 per cent)
  • probably better work-life balance (19 per cent)
  • definitely better pay (15 per cent)
  • probably better pay (16 per cent)

 

"From time and financial savings to increased productivity, remote work provides many valuable benefits for employees –– but work-life balance is king," says Sara Sutton, founder and CEO of FlexJobs. "Healthy work-life balance can be instrumental to the success and longevity of an organization, and [is]…. a top priority for today’s workers and job seekers.”

Work-life balance is the best part of working from home, according to a previous report. And a huge majority of parents (74 per cent) and non-parents (68 per cent) alike are looking for flexibility and work-life balance, according to another survey. 

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