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.
- Increased Office Attendance: In 2023, 66% of workers reported being in the office five days a week, a significant increase from 41% in 2022.
- 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.
- Monthly Outlay: Full-time office workers spend approximately $1,020 a month on office-related expenses, while hybrid workers spend about $408 a month.
- 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.
- 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.