Remote work became the new normal for many employees given the COVID-19 pandemic, but as many slowly return to the office, you may be considering whether or not working from home is best for your future. There are seemingly endless reasons to work from home, like the lack of a commute to decreased spending on childcare. However, remote work has its costs too, whether money comes out of your salary for a new ergonomic desk setup or you’re shouldering a more expensive utility bill.

We surveyed 1,006 workers to see their opinions on whether employers should cover remote work costs and found that approximately 70 percent agreed that employers should cover some or all of the costs associated with working from home. See the breakdown of results below:

37.5% agreed employers should cover all remote work expenses
32.8% believed a partial budget should be provided for remote work expenses
29.7% said that employers shouldn’t pay for remote work expenses
Regardless of what your work model looks like, there are several pros and cons to working from home. Read on to evaluate whether the benefits outweigh the costs for you and your career or jump to our infographic.

Does Working From Home Save You Money?
Working from home allows you to pocket the money you would spend on transportation, child or pet care, and work expenses like wardrobe or parking. Transportation is one of the most expensive parts of in-person work — Americans can spend up to $5,000 on transportation each year.

Another opportunity to save money with remote work is that you’re less inclined to spend money on coffee, lunch, and other food-related expenses with coworkers. Commuting can also impact how willing you are to cook since more of your energy will be expended via transportation.

The Pros of Working From Home
As we briefly mentioned above, there are several benefits to remote work that can save you money and increase your productivity. So much so that many remote employees want to keep it that way; in fact, 65 percent of remote workers surveyed said they wanted to remain remote. Luckily, the pandemic has increased the amount of work-from-home remote jobs on the market. Below, we listed some of the benefits of working from home and why it’s definitely worth considering.

1. Save Gas Money
One of the most common costs when it comes to transportation is gasoline since commuters can travel from far and wide to get to work. The average commuter can travel between 5 and 13 miles each way to get to work, which requires frequent trips to the gas station.

Working from home allows you to save money on gas by reducing the amount of trips to the gas station and ultimately saving you hundreds of dollars in the process.

Pro tip: If you live in a metropolitan area, chances are you can use a rideshare app or a short-term rental car service to get from place to place. This is another great way to save money instead of constantly refilling your gas tank.
2. Tax Break Eligibility
Remote employees, freelancers, and self-employed individuals are more likely to be eligible for tax breaks like a home office deduction or a depreciation of equipment deduction.

Pro tip: Taxes can be complicated, so make sure you meet the criteria outlined by the IRS to avoid unnecessary fees or penalties.

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