WORKING FROM HOME OR IN THE OFFICE?
Before the pandemic, working from home was a luxury. People looked forward to those days without long commutes when they could sleep in or walk the dog.
Then came the health restriction of the COVID-19 pandemic.
Post-pandemic, the number of work-from-home jobs has grown, and many organizations are adopting remote work and pay policies. In fact, a recent study found that there are now over 57 million remote workers in the United States.
DO YOU HAVE CHOICES? YES!
Organizations have either willingly or by default moved into the work-from-home model. But there are still critical In-Office benefits that need to be balanced with alternative work-from-home options.
In short, working from home could become business as usual ....
But is it the right answer for every job and for every organization? NO!
WORK AT HOME RISKS?
Data security
IT Support / Cybersecurity
Employment law compliance (wages/hours)
Taxes (location differentials, collection, and remittances)
Injury & Travel Liability
IN OFFICE BENEFITS
Staff is on-site for critical jobs requiring immediate and day-to-day collaboration (Finance, Legal, Marketing, Huan Resources, IT, and Business Planning)
Access to centralized resources (Training programs, mentorship and career development, and networking opportunities)
Compensation Risks - There are a number of home pay issues.
Pay equity: - Should there be a differentiation between those who have returned to work versus that who remain working from home?
Flexibility: Work-from-home pay policies can create compensation disparity issues.
Salary compression: Salaries of remote workers may be paid less than their in-office counterparts when employers believe that remote workers have lower expenses, such as commuting costs.
How can employers mitigate Work from Home risks and capitalize In-Office benefits?
Learn more about In-Office and Work from Home opportunities and pay challenges.
Call, text or email to set up a complimentary 30-minute consultation.
Larry Robinson
Managing Director - Compensation Consulting
(858)361-5161
Robinson Compensation Group Inc.
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