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Tuesday, April 30, 2024

Returning to the office? Ways to beat rising costs

According to a new survey by Cisco, 75% of respondents said they save money on food and entertainment through hybrid work schedules.

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Hybrid work arrangements are popular these days for many reasons — and one of them is that they can save workers thousands each year.

A new survey by the tech conglomerate Cisco — which was conducted this year among more than 6,000 respondents from Singapore, Malaysia, Indonesia, Thailand, Vietnam and Philippines — showed that 86% of workers saved money by working partly from home in the past year.

Average savings reached more than $7,500 a year, with 85% of respondents saying they believe they can maintain these savings over the long term through hybrid work schedules. 

This may be why “only 5% said that they wanted to go back fully to the office,” said said Bee Kheng Tay, the president of Cisco for Southeast Asia.

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