into the Office

Many Londoners Want to be Paid MORE to Come into the Office

It used to be expected that office workers would come in five days a week. But research shows employees are expecting significant pay rises to persuade them fully to abandon working from home.

Surveys conducted across several major global cities revealed that bosses should typically expect to have to stump up 5 per cent wage increases to entice workers into the workroom full-time.

In London, 42 per cent said they would ask for a rise if not given any flexibility. Of those, 37 per cent said they would ask for a pay rise of 11 per cent or more if they were no longer allowed to work remotely, according to Bloomberg Intelligence.

Sue Blunden, BI director of research, said: “In global cities like London, Paris, and New York, workers are making it clear that reduced flexibility around WFH [working from home] must come with increased compensation. ‘This is putting pressure on employers as they look to retain talent in a changing market.”

The figures revealed that London workers were slightly harder to convince to abandon the comforts of at least one day at home than Parisians.

They showed 39 per cent of those employed in the French capital would demand a pay rise to do so.

However, it was those in the Big Apple that could prove the toughest to persuade.

The report showed more than 70 per cent in New York would require a pay rise to work five days a week in the office.

Researchers spoke to workers in London, Paris, New York, Tokyo, Hong Kong and the United Arab Emirates.

They found that for many – especially in the UK capital – it was the high cost of commuting that deterred them from wanting to return to the office.

Others saw some upside, including the benefits of networking and socialising.

‘Workplace flexibility is entrenched in all cities, yet staff may still be attracted to well designed, modern offices by the combination of social interaction and a pay increase,’ the study found.

 

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