Workers making over $150,000 a year prefer working from home and would be willing to take a 20% pay cut to continue doing so
Criticism often falls on younger workers for driving the remote work trend, but a recent study by McKinsey reveals that it's not just the younger generation embracing remote work. Even high-earning mid to senior-level professionals are fully committed to the work-from-home culture and are ready to make sacrifices to maintain this flexible arrangement.
McKinsey's survey, which involved 13,000 office workers across six countries and was published in July, delves into the impact of hybrid work on work dynamics. The study unveiled that a notable portion of employees earning over $150,000 annually, specifically one-third, expressed a strong preference for remote work. In stark contrast, only 9% of those earning less than $50,000 felt the same way.
Furthermore, the research highlights that 44% of senior workers and 50% of mid-level employees are in favor of working remotely. However, this sentiment is only shared by 6% of junior employees.
Interestingly, these professionals are not just expressing their preference for remote work; they are even prepared to make significant concessions to realize this desire. According to McKinsey, they would willingly accept a 20% reduction in their salary if it meant they could continue working remotely for their desired number of days.