IDEAS home Printed from https://ideas.repec.org/a/ecb/ecbbox/202500064.html
   My bibliography  Save this article

Are workers willing to accept pay cuts in exchange for remote working flexibility?

Author

Listed:
  • Dias Da Silva, António
  • Weißler, Marco

Abstract

Since the pandemic, working from home has become more common. According to 2025 data, around 20% of employees in the euro area have a hybrid working pattern, i.e. they work from home between two and four days per week. Although a substantial share of workers (44%) work from home at least one day per week, most workers would not be willing to accept a pay cut in exchange for hybrid working possibilities. However, those employees who value being able to work from home would be willing to forgo up to 8.7% of their wages for this option. This suggests that remote working flexibility can play a role in attracting and retaining workers, especially when labour markets are tight. JEL Classification: J28, J33

Suggested Citation

  • Dias Da Silva, António & Weißler, Marco, 2025. "Are workers willing to accept pay cuts in exchange for remote working flexibility?," Economic Bulletin Boxes, European Central Bank, vol. 6.
    • Handle: RePEc:ecb:ecbbox:2025:0006:4
    Note: 686280
    as

    Download full text from publisher

    File URL: https://www.ecb.europa.eu//press/economic-bulletin/focus/2025/html/ecb.ebbox202506_04~2cd6fd1c14.en.html
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;

    JEL classification:

    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy
    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecb:ecbbox:2025:0006:4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Official Publications (email available below). General contact details of provider: https://edirc.repec.org/data/emieude.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.