Advertisement
Back To Daily Digest
DDI
Tags: BUSINESS

The Real Cost Of Hybrid Working

New research from energyhelpline.com has identified the cost of hybrid working as more companies make the commitment to move forward with this work arrangement.

According to the analysis, workers are expected to pay around £890 each month on work-related expenditures, such as travel, rising energy bills and more.

High energy bills were the most notable expense for remote workers. For example, energyhelpline.com finds that each work-from-home day could cost an extra £49 per household each year compared to pre-pandemic times.

Additionally, the research revealed that 58% of UK office workers have noted how working from home is costing more from expenses for energy bills, snacks and house cleaning products.

The Latest News
Delivered To Your Inbox

However, older office workers aged 45-59 stated they have actually saved money throughout the pandemic due to decreased travel costs, clothes purchases and avoiding buying lunches.

Still, the UK’s younger workforce is struggling. In fact, 71% of workers aged 18 to 29 stated that working from home has cost them more than expected and returning to the office may not help with their financial stress.

“It’s astonishing that as many as four in five young office workers are currently paying for expenses which should be covered by their employers, especially at such a difficult time financially,” said Tom Lyon, director of energy at energyhelpline.com. “Businesses must tackle this head on, making clear what expenses they will cover and streamlining the process where possible.”

ABOUT Aayat Ali
Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces. Feel free to reach out to her at [email protected] View all posts by Aayat Ali

Latest on Daily Digest

Amazon Corporate Employees Will Return To The Office
Amazon Corporate Employees Will Return To The Office

Kentucky Hotel Operator To Open New Coworking Space
Kentucky Hotel Operator To Open New Coworking Space

The Challenges Facing The Office Sector
The Challenges Facing The Office Sector

The Coworking Space Market Forecast
The Coworking Space Market Forecast

Facebook Expands Remote Work Policy
Facebook Expands Remote Work Policy

Spaces Opens First Estonia Location
Spaces Opens First Estonia Location

Common Acquires Bay Area Coliving Firm’s Portfolio
Common Acquires Bay Area Coliving Firm’s Portfolio

Ad
Advertisement

FOLLOW US

  • Facebook
  • Twitter
  • LinkedIn
  • instagram
  • pinterest
Ad
Advertisement
Advertisement
Advertisement
Advertisement