Saturday, June 22, 2024
Hawai'i Free Press

Current Articles | Archives

Tuesday, February 27, 2024
The real cost of returning to the office in Hawaii
By Selected News Articles @ 11:57 AM :: 1725 Views :: Hawaii Statistics, Cost of Living

The real cost of returning to the office

The average American spends over $14,000 a year working from an office full time.

by Aleksandra Vayntraub, Finder.com Feb 20, 2024 (excerpt)

From Google, Amazon and Tesla to Disney, BlackRock and JP Morgan Chase, many companies have already ushered their employees back to the office or are in the process of doing so. In fact, nine in 10 employers are projected to implement return-to-office mandates by the end of 2024, according to ResumeBuilder.

With most jobs returning to either hybrid or fully in-office work models in the years following the onset of the Covid-19 pandemic, these policies haven’t been without their share of criticism. Many point to studies showing productivity actually increased with remote work. For their part, employers claim going back to the office has improved revenue.

Working remotely had its share of perks — many people saved money by not commuting and eating a home-cooked lunch at home. Now, amid continued inflation, those expenses have returned to affect their budgets. Finder took a closer look at how much returning to the office really costs employees across the US.

How much does commuting to work cost the average American?

Eight in 10 (80.2%) employees, or over 60 million Americans, commute by vehicle for their job. Only 11.7% work from home.

With the current median US household income of $75,149, the cost of driving to work 25–30 miles as a full-time employee, parking and buying lunch sets Americans back an average of $14,124.11 a year or 18.8% of the median household income.

Employees in some states can see their incomes take an even greater hit: Those who work in Missouri, Louisiana and Hawaii can expect to shell out more than a quarter of the median household income to work from the office five days a week.

By contrast, working from the office full-time in Wyoming costs about 16% of the state’s median household income.

Hawaii is the most expensive state for hybrid and fully in-office work. Assuming a 25–30 mile round trip by car, employees of this state can expect to shell out about $91.63 per day for their trip and lunch, or a whopping $21,824.45 a year.

That’s about the cost of a small prefab house on Amazon, a car or a wedding.

For hybrid employees, the cost is lower but still substantial, with employees in Hawaii spending over $13,000 a year to work from the office three days a week.

read … Full Report

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

Aloha Pregnancy Care Center

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

MentalIllnessPolicy.org

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii

Obookiah

OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

RailRipoff.com

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

SenatorFong.com

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii