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Home News Workforce

Remote Employees Are More Concerned About Inflation Than In-Office Workers

Across the board, workers have become disillusioned by record-high inflation, but it is remote and hybrid workers that are disproportionately cutting back on spending.

Aayat AlibyAayat Ali
June 13, 2022
in Workforce
Reading Time: 1 min read
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Remote Employees Are More Concerned About Inflation Than In-Office Workers

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A new report from First Insight shows just how impactful inflation is on remote and hybrid workers. 

According to the data, 56% of remote and hybrid workers stated that inflation has raised concerns about their current salaries compared to 51% of in-office employees. 

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Additionally, 62% of these distributed workers said that high grocery prices were having a negative impact on their daily lives compared to 55% of in-office workers. 

Across the board, workers have become disillusioned by record-high inflation and stagnant salaries. However, it is remote and hybrid workers that are disproportionately cutting back on spending as a result, with 39% cutting back on premium groceries compared to 33% of in-office workers. 

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This trend echoed in other categories, such as spending on entertainment, apparel, and travel. 

“Employers who believe they are doing the right thing by continuing the remote/hybrid way of working may actually be doing their workforce a disfavor if they are not overly communicating with their teams,” said Greg Petro, CEO at First Insight.  

“Whether caused by less in-person connectivity, lack of communication or a varying schedule, the remote/hybrid workforce clearly has more concerns about how inflation will hit their wallets than their in-office counterparts.” 

Source: BusinessWire
Tags: BusinessHybrid WorkRemote Work
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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.

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