HRMorning.com » One option that could save companies 5% on salaries

One option that could save companies 5% on salaries

October 5, 2009 by Christian Schappel
Posted in: Hiring, In this week's e-newsletter - benefits, Latest News & Views, Pay and benefits

Looking to shave more off your salary budget? Offer this to more employees: 

Let ’em have the option to work from home one or two days per week.

One in five (21%) of employees say they’d accept a 5% pay cut to work from home one to two days per week, according to a recent survey by Citrix Online.

Another idea: When you can’t budge on pay, telecommuting options can be an effective negotiation tool with new hires who’re looking for incentives.

Click here view a brief summary of the Citrix Online survey.

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3 Responses to “One option that could save companies 5% on salaries”

  1. LorMcK Says:

    If employees are accepting less pay to work from home, would the subliminal message be that management is also expected them to produce less from home? Hmmm …

  2. PRinVA Says:

    Two days-maybe – Winter, definately! Most “good” workers get more done at home without the distractions. I’d go for it.

  3. Carol Says:

    No I would not think that management is expecting them to produce less. Hopefully the employee would recognize the fact that they are saving money. Gas for the car would be one, not to mention if your not a morning person you can sleep in and start your day a little later. And how many times a week because you are rushed to get out of the house do you not pack lunch and buy fast food? This would not be a problem if you work from home. There are certainly a lot more benefits, and I don’t believe that one of them is management is expecting less work.

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