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55% of staff willing to take pay cut to work remotely


Just under half (45%) of employees would be interested in taking a pay cut to continue working remotely long-term, according to research by Owl Labs. Its study of 2,000 UK employees found that 15% of staff would take a pay cut of 5% to continue working remotely, however, just under half of respondents (46%) would leave if their organisation chose to reduce their pay as a cost-cutting measure. A further 41% of staff would consider resigning if they were forced to return to the office. More than three-quarters (84%) of respondents will continue to work remotely for the rest of 2020, with 44% of employees planning to work from home five days a week and 55% planning to work a hybrid of home and office working with up to four days being office-based.

Employee Benefits - October 15, 2020

View the full story here: https://employeebenefits.co.uk/employees-pay-cut-work-remotely/