|
My pay cut was only around 15%, but I also wasn't working for a large company, and was apparently underpaid by around 20%. This will come of a spoiled and privileged, but I honestly have no idea how we'd make our day to day life work if I didn't work from home, with incredibly flexible hours. Getting children ready for school and pick them up at a reasonable hour, without stress just isn't possible. You have to drop off your children in some kind of care before their even fully awake, and you need to pick them up almost before you get out of the office. Obviously people make it work, but I have no idea what kind of hours other people work, because doing a pick up at 16:30 would mean that my child would be the last one in the day care. In any case I don't see the point in tolerating the stress of traffic, school/day care, or just regular difficulties getting your daily tasks to fit in with a 8-16 job at an office. I have a family member that works at a hospital, she can't get her car service for four weeks because there's no available time to drop of the car and pick it up afterwards, which also fits with the mechanic. I can normally get appointments for mechanics, doctors, dentists, contractors, everything, with a few days notice because I can be incredibly flexible with my time. |
In our data set, the on-paper gap is about 18% (~37k on ~200k) if you just compare remote to non-remote, but given that the remote candidates often live in lower-COL areas, some of that probably comes from COL and not purely value placed on remote work.
The real driver is that ~half of engineers only want remote work, and the vast majority of the remainder aren't in whatever city you're hiring in.