Published in CFODive Sept 2021
I would expand this to many employees (in general, situations will differ) whose presence in an office isn’t due to logistics (i.e., warehouse), handling actual paper, or individual preference.
We’ve also seen a shift toward lower wages for those who will be working remote. This makes no sense from a productivity and morale standpoint. A specific job, with a specific employee is worth x amount per year. Even if the job has wage banding. If, the employee works for a national firm, then there may be a COLA factor, but not a reduction for working at home.
What do you think?