Companies are letting you work from home so they can pay you less — and so you'll be happier
. That survey goes out to monthly to hundreds of executives, and the economists added new questions for April and May polling.
That was particularly concentrated among larger firms, where 52.4% said that they made remote work more available in an effort to offset potential wage growth. The study finds that this may be good news for inflation, since the remote work for less wages tradeoff means wages won't keep soaring and pushing businesses to pass those higher labor costs on to customers.
So allowing remote work is a good way to keep your employees, and keep them happy. The economists also noted that remote work can impact potential turnover, and cut down on hiring costs.
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