People who work remotely are spending most of their time commuting to work, according to a new study.
The researchers behind the National Bureau of Economic Research working paper, Save time when working from home, it is estimated that WFH people use 40% of the time saved on their commute to primary and secondary jobs. More than 34% spent on leisure and 11% on caregiving.
“These results suggest that most of the time saved goes back to the employer, and that children and other caregivers also benefit,” the researchers wrote.
The researchers used data collected from 18,995 workers surveyed in 27 countries between 2021 and 2022. The average time savings across countries was 72 minutes per day, which used to be unpaid time. In the US, time saving when WFH is up to 55 minutes, compared to 99-102 minutes in India, Japan and China. The United States is at the bottom of the WFH time scale.
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The US is pretty close to the average in each metric. People in the United States with WFH spend 42% of their former commute time on work, 35% on leisure time, and 8% on caregiving.
Countries that spend most of the additional time from WFH on work include Taiwan (53%), Singapore (53%), Malaysia (53%), India (47%), and China (46%). Respondents in Austria, Spain and Germany allocated more than 40% of their saved time to leisure.
However, the research notes that the benefits of remote work may go further. It notes that the full personal value of working from home is greater for a number of reasons, indicating that avoiding commuting offers financial as well as time savings. Workers spend less time grooming and getting ready for work when they’re WFH, while working from home also offers greater flexibility in terms of time of day and greater personal autonomy.
The end result is that the direct personal value of working from home, such as two or three days a week, is greater than the suggested commuting time value for time savings, the study says. go”.
A similar study by researchers at the Federal Reserve Bank of New York last year Find that Americans are allocating their saved commuting time to work, leisure activities, and sleep, but they have reduced the total number of paid hours worked because they are doing other activities, for example like sports and entertainment.
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Most CEOs want employees back in the office and are aiming for 2025 when 9:5 in the office returns, According to KPMG survey with 1,325 CEOs.
