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Post-Pandemic Office Returns Prove Pricey for Employees

Returning to the office in the post-pandemic world is proving to be more expensive for employees, according to new research by videoconferencing company Owl Labs.

  • Editor Staff
  • October 10, 2023
Work late concept of Interracial asian business team brainstorm idea at office meeting room at night. They wear face mask reduce risk to infection of COVID-19 coronavirus as new normal lifestyle.
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Returning to the office in the post-pandemic world is proving to be more expensive for employees, according to new research by videoconferencing company Owl Labs. The study reveals that the average worker spends over $50 a day on expenses related to working on-site, such as meals, commuting, parking, and pet care, amounting to around $1,020 a month for full-time office workers. The data underscores the financial impact of the shift back to in-person work from the cost-saving remote work environment during the COVID-19 pandemic.
  

Key Points: 

  1. Increased Office Attendance: In 2023, 66% of workers reported being in the office five days a week, a significant increase from 41% in 2022.
  2. Daily Expenses: The average daily cost for an employee to work on-site exceeds $50, including expenditures on lunch, commuting, breakfast, coffee, parking, and for pet owners, animal care.
  3. Monthly Outlay: Full-time office workers spend approximately $1,020 a month on office-related expenses, while hybrid workers spend about $408 a month.
  4. Comparison to Pre-Pandemic Costs: The financial burden of working in-office has notably increased in comparison to the period before the COVID-19 pandemic.
  5. Shift in Work Models: The study highlights the economic considerations linked to the evolving dynamics of work models, balancing between remote, hybrid, and full-time office work.

 

Source: https://www.mensjournal.com/news/commuting-office-costs-employees-more-post-pandemic
 

Editor Staff

Editor Staff

The Editor Staff at SOFX comprises a diverse, global team of dedicated staff writers and skilled freelancers. Together, they form the backbone of our reporting and content creation.

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