Employees Willing to Take Pay Cut for Workplace Flexibility, Survey Shows

Flexible work options are significantly important to working professionals today as a deciding factor when taking a job, according to Mom Corps, a national flexible staffing firm that released findings from an online survey conducted on its behalf by Harris Interactive. The survey was conducted among 1,071 working adults nationwide about their preferences around workplace flexibility and work/life balance.

Results show:

  • More than two in five working adults (42 percent) are willing to give up some percentage of their salary for more flexibility at work; about six percent is the average.
  • Working men (12 percent) are twice as likely as working women (6 percent) to say they would be willing to give up more than 10 percent of their salary to receive more flexibility.
  • The 18-34 age group is up to three times more likely to give up more than 10 percent of their salary even though the unemployment rate for young workers is highest among all age groups.

“The fact that employees of all ages are willing to give up any percentage of their salary in exchange for more flexibility over their work schedule is significant, especially given the economic climate and record unemployment,” says Allison O’Kelly, founder and CEO of Mom Corps. “Corporate America no longer aligns with the way U.S. families conduct their daily lives. Participating in some form of flexible work option allows employees to have more work/life balance, and successful companies know this can yield a significant return on investment for them.”

For more survey findings, view a press release by clicking here.

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