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#jobs-discuss
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2017-04-13
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mobileink20:04:00

what is the dollar value of working from home? i just taught a "systems architect" how to do his job. he probably makes at least $20K more than me. would i trade my current work-from-home situation for another $20K if it meant long commutes etc.? i'm not so sure.

jrotenberg20:04:32

not $20k, definitely

jrotenberg20:04:58

i’ve thought about that a lot lately, though, but i think its hard to base it solely on the dollar difference (remote vs. commute)

jrotenberg20:04:40

but i would likely say yes if i were given the option to make $20k less but be 100% remote if that were an option today

mobileink20:04:35

kinda surprising. $20K is a lot of money. not having thought much about this before i'm a little shocked to think about just how valuable work-from-home is to me. don't tell my boss!

jrotenberg20:04:25

probably makes more sense to talk in percentages

mobileink20:04:38

"solely on the dollar difference" - sure, but in our economy everytging translates into money (quantification).

dm320:04:53

$20k varies from 200% of the yearly salary in some parts of asia to 5% in SF

jrotenberg20:04:04

i mean “what percentage pay reduction would you take to work 100% remotely (if you don’t currently)”

dm320:04:26

btw, that’s why it’s harder to compete on a full-remote job (given other comparable qualities)

mobileink20:04:53

@dm3 sure, adjust for regional differences. i'm in chicago where $20K is a lot of dough, but it's poverty level if that's all you have.

mobileink20:04:47

ok i see you want to generalize across economies, good.

mobileink20:04:50

sorry, i'm prone to forget how international slack is. my bad.

mobileink20:04:57

so let's say 20-30%

mobileink20:04:39

but i'd put like this: what % pay increase would it take to get you to give up your work-from-home gig? i think that's a different question.

jrotenberg20:04:43

probably, yeah

jrotenberg20:04:04

also need to factor in what the remote situation is like

jrotenberg20:04:07

i.e. remote first company or not

seancorfield20:04:58

For me, WFH means having no commute and not needing to run a second car — aside from anything else — so commuting translates to a work day that is 2-4 hours longer per day, so an extra 25-50% of my time overall, as well as car payments/depreciation/etc so maybe $500-1k/month for that (depending on commute distance)… So, yeah, $20k/year isn’t very much compensation for all that additional time and car/travel costs.

seancorfield20:04:27

(San Francisco Bay Area)

seancorfield20:04:59

In other parts of the country (or the world) commutes can be shorter and/or public transit might be an option instead of a car.

seancorfield20:04:21

SF has good public transit (for America) but I’d either still need a car to get to/from public transit, need to rely on my partner to ferry me back and forth reliably, or use buses etc which would add substantial time to the commute (just to/from BART).

seancorfield21:04:36

In England, for one of my jobs, I could walk to/from work so the benefit of WFH would have been minimal. Other jobs in England… some would have been nigh-impossible by public transit others would have been easy (but expensive), so there are a lot of trade-offs.

jrotenberg21:04:40

BART is decent but its still an hour door to door from the east bay to downtown sf

seancorfield21:04:14

Yup, I did Castro Valley -> Adobe in San Francisco -> Castro Valley yesterday. Drive two miles, BART 30 minutes, walk 20 minutes… and then in reverse a few hours later. Two hours of commuting and $10+ for a three hour meeting! Luckily I was back home before that train got stuck in the Trans-Bay Tube otherwise it would have been several hours more.