Employees would be prepared to be paid less to work from home according to a new survey by the Working from Home Show, which polled 1,334 people.
Almost a third of workers who responded stated that they would be willing to consider a pay cut, with almost two thirds saying that they would look at a reduction of 12 per cent on average.
Over 50 per cent of those surveyed said they were happier working from home and admitted they were a little or a lot more productive. 83 per cent said that this remote working scenario is as good, or even better, for their health & well-being as being in the office.
More than 70 per cent of employees would like to work from home on a permanent basis, with 65 per cent wanting to work from home more than three days a week. To plan for remote working long term, over 40 per cent of employers felt prepared, although concerns remain over technology and productivity levels.
Almost half of employers are considering investing in technology to facilitate working from home and will offer staff the opportunity to do so after lockdown, although 87 per cent of companies still haven’t given up their workspace.
Nick Noble, commercial and events directors at Future Plc, says, “One of the consequences of the Covid-19 crisis is that it has forced businesses into a working from home scenario that they hadn’t previously thought possible or desirable. As the situation eases and those businesses have found that working from home is working for business, they are reconsidering their strategies.”
He adds, “Our survey has found that employees are willing to be flexible and even consider reducing their salaries as they find working from home is good for their work life balance.”
The inaugural Working from Home Show, sponsored by garden rooms specialist Cabin Master, will take place virtually from 30-31 July 2020. It is free to attend, and companies and employees can pre-register.
The event will provide SMEs, corporate organisations, start-ups and individuals with the opportunity to discover the world of working from home. With insights from thought leaders, IT experts, HR professionals and successful working from home company case studies, the show will ensure businesses create an effective working from home culture.
Visitors will be able to browse the showcase of brands and services from 50 exhibitors and set up one-to-one conversations to ensure an effective remote working experience.
The conference stage will play host to three keynote and 25 speakers presenting on relevant key issues and how they have adopted working from home successfully. Specialists include Chris Herd, founder & CEO of Firstbase, a platform that allows companies to supply and manage all the practical equipment remote workers need to do great work at home; Laurel Farrer, remote working strategist and advocate and founder of Distribute Consulting and the Remote Work Association; and Darren Murph, head of remote at GitLab, the world’s biggest remote company.
The masterclass stage will present top brands in the industry demonstrating their products and services, from connectivity to hardware, management tools and workspace options, alongside experienced editors who will be asking questions to find out what will help businesses run effective remote teams.
The networking lounge will enable visitors to join other delegates in scheduled sessions, network with their peers and attend discussions around the hot topics that will be debated during the event.
