Many people in a new survey would take a 9 percent pay cut for a more flexible work schedule.
Yesterday NBC News wrote about a new survey from staffing firm Mom Corps (great name), which found people would take a pay cut for more flexible work.
The article doesn’t say how many people the group talked to, but “nearly half of working adults surveyed (45 percent) are willing to give up some percentage of their salary for more flexibility at work.” More than half would consider starting their own business to achieve flexibility.
Flexibility includes flextime – the ability to set a variable schedule so long as you get an agreed amount of work done, usually with part of the day being non-negotiable – and working from home (one of my favorite things about writing for Money Talks News).
The study also found that those willing to trade salary for flexibility would accept a 9 percent pay cut, on average. That’s more than 50 percent above last year’s result (5.8 percent).
While a lot of people want flexible work, only a small number of jobs offer it. “Only 3 percent of wage and salary employees work mainly from home,” NBC News says.