The financial downside of remote: 75% of workers spent their own money to work from home

Description

Summary

• Nearly a year ago, 33% of Americans lost their jobs, a result of COVID-19's impact .
• Until the brick-and-mortar office has safety protocols installed until workers feel comfortable and fully confident going back into an on-premises location, as well as meeting whatever challenges that have surfaced, many will continue to work remotely, or at least work a hybrid schedule (part time at home, part time in the office).
• Respondents who have meetings (49%) are likely to have a designated office as well, compared with 37% who did not.
• While that may seem a financial commitment, "the home office has become a long-term fixture for many families," the Building and Sharing report stated, adding that "families are making permanent changes to their homes to create space for working that meets all the demands (including technology) of their professional routines."