Employees Are Accepting Lower Pay in Order to Work Remotely
npr.org
npr.org
That is, time is a cost. Commuting takes time. An hour in and an hour out is a 25% increase in time devoted to work.
Commuting also has direct cost: fuel and/or transportation, risk of accident, stress, etc. Commuting also limits where you can live, and the taxes you pay. WFH does not.
For some people, less is in fact more. To fame it as an absolute "lower pay" is naive, if not irresponsible.
Why not do a piece that walks people through the hard and soft considerations? That's more beneficial than parroting a shallow - and perhaps false - narrative?
Yes, we do. Because a fair number of people are math / numbers "shy" and don't do the calculations. That favors the employers. Painting "pay" more accurately levels the playing field.
The downside is that utility might not be computable, or a person might not have a well-defined utility function(if they give inconsistent preference rankings between 3 or more choices).
Pay is easily computable, and also has lots of data in pay stubs and government tax records. So pay is better than utility if you want to poll people or gather data.
(also, a few hours ago: https://news.ycombinator.com/item?id=32074743 - I guess the threads could be merged. dang?)
It makes it SO MUCH EASIER for me to hire great people because my organization has figured out how to work fully remotely.
Please, please, please corporate America continue the fight against the happiness and well-being of your talented and most valuable employees.