• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Successremote work

Return-to-office mandates aren’t working: Most workers are ready to quit for a remote job, even if it means a pay cut

By
Jane Thier
Jane Thier
Down Arrow Button Icon
By
Jane Thier
Jane Thier
Down Arrow Button Icon
October 23, 2023, 3:12 PM ET
A single mom sitting in a well light and modern living room at a wooden table using her laptop.
Despite an enduring cost-of-living crisis, nearly two-thirds of workers would be willing to take a pay cut to be able to work remotely.Tom Werner - Getty Images
Add Fortune on Google for similar content.

Just because it seems like everyone is back to the office doesn’t mean they are—and it certainly doesn’t mean that people are any more willing to go than they’ve always been. The allure of working on one’s own terms is still going strong—so strong that they’d choose ample flexibility over money.

Recommended Video

Despite an enduring cost-of-living crisis, nearly two-thirds of workers would be willing to take a pay cut to be able to work remotely, according to a new survey of over 8,400 U.S. workers from FlexJobs. Seventeen percent of workers said they’d sacrifice up to 20% of their paycheck, and one in ten said they’d relinquish more than 20%. 

Even when home prices are skyrocketing, pay raises are flat in many industries, and most jobs are failing to provide a cost-of-living adjustment, 63% of respondents said remote work was still the most important part of a job to them, ahead of salary, work-life balance, and a good boss.

All this is particularly bad news for said workers, given that finding a remote job has never been more difficult; over half of respondents said that compared to this time last year, fewer remote-first gigs are available on job sites, and the ones that do offer flexible perks are instantly swarmed by applicants. Even so, over half of workers know someone who has quit or is planning to quit because of return-to-office mandates, FlexJobs found.

“Lack of remote work options is a significant reason why people leave their jobs,” Keith Spencer, a career expert at FlexJobs, wrote in the report. “Remote work is incredibly valued by today’s workforce, and with more companies adopting these types of policies, employees are increasingly open to exploring new career opportunities with the flexibility and remote work options they need.”

That may not be surprising; almost all respondents said they believe remote work positively impacts their mental and physical health—which ample data backs up. (They also are probably going to spend less money and spend more time with loved ones or on hobbies when they don’t have to commute.) “Working professionals value the improved quality of life that remote work can provide through benefits like the elimination of a stressful commute or reduced pressure to engage in small talk or office politics,” Spencer tells Fortune. 

Mostly remote—with some office mixed in

Despite the hunger for flexibility, not all workers actually want to work remotely full-time. Just 51% of respondents told FlexJobs they don’t want to go into an office at all; 46% said a hybrid arrangement would be their first choice. Only 3% of respondents said they want to be in the office five days a week. 

Hardly an afterthought, nearly four in five (77%) of FlexJobs respondents said they feel they’re more productive at home than at work. Many experts agree with them. “The idea that if you bring everyone into this mandatory [office] environment, working shoulder to shoulder, magical outcomes will come—that’s a silly thing,” Annie Dean, who leads flexible work at software firm Atlassian, said on a panel earlier this month. “It feels like magical thinking.” 

Now a sizable amount of data has shown the opposite: that most workers, despite what they assess of themselves, actually perform better when they’re in an office, surrounded by their peers and under the tutelage of their mentors. It’s easier, especially for greener workers, to learn new skills and ask questions when they’re able to do so in-person. 

But even hybrid work, in Dean’s eyes, is “an illusion of choice” that leaves all sides with less flexibility and autonomy than they’re looking for. It nixes many potential worker benefits—like the option to live farther out from the city, pick kids up from school or take a midday run—and many company benefits. It actually hits companies with “all the costs of the old model [and none of the] efficiencies of the new model.” 

That doesn’t mean some form of hybrid isn’t possible—and often practical. As Stanford economist and remote work expert Nick Bloom has explained to Fortune, flexible work is best executed with a smart “organized hybrid” plan. Such plans—which hinge on clear expectations, ample latitude for customization, and most importantly, agreement among team members to all come into work on the same day—bolster productivity and improve recruitment, retention, and morale, he finds.

Organized hybrid can look like anything—even a 90/10 split. Drew Houston, Dropbox’s CEO, recently told Fortune that his company’s rule allowing employees to spend 90% of the year remote has been a godsend for retention and workplace satisfaction. “You need a different social contract, and to let go of control,” he advised bosses. “But if you trust people and treat them like adults, they’ll behave like adults. Trust over surveillance.” And, he’d probably add, remote over office.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
By Jane Thier
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

U.S. Polo Assn. CEO J. Michael Prince
SuccessThe Promotion Playbook
U.S. Polo Assn. CEO was told he wasn’t right for a promotion—so he ‘outworked’ anyone else who wanted the job for 6 months straight
By Orianna Rosa RoyleJuly 1, 2026
2 hours ago
Nikesh Arora, chief executive officer at Palo Alto Networks
SuccessJobs
CEO of $248 billion cybersecurity company says workers are about to face a ‘Darwinian moment’ thanks to AI: Evolve or get cut
By Emma BurleighJuly 1, 2026
2 hours ago
I know how Gen Z can survive the ‘jobpocalypse’ because I built an AI company — in 2015
CommentaryCareers
I know how Gen Z can survive the ‘jobpocalypse’ because I built an AI company — in 2015
By Jeremy FainJuly 1, 2026
7 hours ago
mr
Commentary250 Years of Innovation
America needs 3.8 million manufacturing workers. This CEO has a blueprint to find them
By Mark RayfieldJuly 1, 2026
7 hours ago
Photo: Rocks balancing on driftwood, sea in background.
AIMarkets
Leveraged stock bets are ‘very concentrated in the AI ecosystem,’ Goldman Sachs warns
By Jim EdwardsJuly 1, 2026
7 hours ago
Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup
RetailNike
Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup
By Mia OsmonbekovJune 30, 2026
20 hours ago

Most Popular

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
6 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
4 days ago
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
2 days ago
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
10 hours ago
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
Commentary
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
By Marc AndersenJune 30, 2026
1 day ago
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
Newsletters
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
By Diane BradyJuly 1, 2026
8 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.