Career Talk: Learn - Grow - Thrive

Compensation & Remote Work vs Compensation & In Office Work

Informações:

Synopsis

What we talked about on this episode:  This episode was inspired by a TT video I saw where someone shared their remote compensation, hybrid comp, and in-office comp expectations. It was said they ask for $20k more for in-office jobs and the person dueting it seemed shocked.  My response was good for them BUT that’s it?  Let’s talk about it.  Should you have different compensation expectations for a remote job vs a job you would be required to go into the office?  For simple math. Let’s say your hourly rate is $40/hour.  Your commute:  1 hour per day, 30 minutes each way. $40 x 5 x 50 weeks per year  = $10,000 15 miles each way, so that’s 30 miles per day round trip.  30 x 5 x 50 = 7500 miles you’re putting on your car each year.  The federal mileage rate right now is $.67/mile and at 7,500 miles we are looking at:  $5,025 Time and mileage just for your commute is now at:  $15,025 per year Food:  Buy lunch 2x a week and bring lunch 3x a week $10, which is conservative for a meal these days  $10 x 2 per