96% of finance pros would take a pay cut for permanent remote work

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On January 19, a new survey on working from home and commuting was published. Its results say a lot about how some people actually choose where they work.

For example, “The Future of Work in Financial Services: Remote or In-Office?”, reveals that 96% of financial services professionals would give up a percentage of their salary to telecommute permanently. Yet, while they would prefer to stay remote, 86% of them still fear that working from home will deprive them of opportunities and advantages compared to working in person.

35% admit to having succeeded in a work meeting in the bathroom

One of the most striking data of the study on these professionals is the following: 35% admit to having successfully conducted a work meeting while they were in their toilets.

“That 96% of them are willing to give up a percentage of their salary to work from home permanently is significant – especially in light of inflation and rising costs and interest rates that are looming Michael Litt, CEO of Vidyard, the company that commissioned the study, told ZDNet. We realize that people want better integration between professional and private life.

The return to the office, but not in a forced way

In general, employees who value the benefits of returning to the office worry that they will be forced to do so, but they also have a considerable “fear of missing out” (FOMO) of things if they choose to continue working from home. . The survey reveals that, in the event of a return to face-to-face work:

  • 40% of respondents fear that their productivity will decrease;
  • 33% fear they will miss their dog;
  • 30% fear that a forced return to the office will cause their stress to skyrocket.

On the contrary, in the context of teleworking, the survey indicates that:

  • 38% of respondents sometimes feel ignored during remote meetings;
  • 33% say their “big wins” have not been recognized since working from home.

    • Maximum productivity at home

    While some employers believe that returning to the office is necessary for maximum collaboration and productivity, employee indications are quite the opposite. The investigation reveals that:

    • 88% of financial services professionals who have worked from home during the pandemic say they have experienced more success than when they were in the office;
    • 82% of them believe that their company’s overall productivity has increased due to team members working from home during the pandemic;
    • 45% feel they can better limit distractions around them when working from home;
    • 45% say they get more work done in less time when they’re at home.

    Financial services professionals were asked where they’ve had success running meetings while working from home during the pandemic. The results of the survey are as follows:

    • 37% admit to successfully conducting a business meeting while on vacation;
    • 35% admit to managing a business meeting while sitting on their toilet.

    “From home, I can choose exactly where I spend my time,” says Michael Litt. “I love coffee machine chats, but you know, I’ll be completely honest: there were times when I planned my coffee machine trips very carefully so I didn’t get stuck in a conversation. which I didn’t have time for. »

    Source: ZDNet.com





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