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.
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.”