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People would need to set up space to work from home. Pixabay

The benefits of working from home — including skipping a long commute and having a better work-life balance — have been well documented, but employees are literally paying for the privilege, according to a study from the National Bureau of Economic Research.

“People will need to dedicate space to working from home,” said Christopher Stanton, a Marvin Bower Associate Professor at Harvard Business School who co-authored the study. “And, for many folks who are in smaller apartments and the like, before the pandemic, that wasn’t so realistic for long-term solutions, and so that means that you end up needing folks to upgrade to larger houses.”


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The researchers analyzed data from the U.S. Census Bureau to reach their conclusions. They found that between 2013 and 2017, households with at least one teleworker spent on average more of their income on rent or a mortgage to pay for the extra room they need to work from home.

“A household that was spending about $1,000 a month on rent would be spending around $1,070 on rent. So, it’s about a 7% increase, on average, across the income distribution,” Stanton said.


Employees, on the other hand, can receive some assistance from their employers to pay some of the expenses. Pixabay

The researchers estimate that about 10% of people who worked in an office before the pandemic could permanently transition to working from home full time. A recent Upwork survey suggests that 36 million Americans will be working remotely by 2025 — an 87% increase over pre-pandemic levels and these workers could potentially take on the additional costs.

The added expense is easier for high-income households to bear but puts an increased burden on workers who earn less money.

“And so, for those households, you might have gotten an increase of 20-ish percent in housing expenses for households with remote workers compared to households with no remote workers,” Stanton said. “So that’s a pretty big chunk of expenditure for those households who were in the bottom half of the income distribution.”

Employees, however, might get a little help from their employers to cover some of those costs.

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“I would guess that firms are going to pick up part of this tab and will probably rebate some of their office space savings to workers to handle the increased housing expenses,” Stanton said.

Firms could be motivated by the recognition that having an adequate home office setup promotes higher productivity.

“I think having nonergonomic setups in small places will ultimately end up leading to fatigue and wear and tear and less productive employees in the long run,” Stanton said. “And so, I suspect that employers are going to want to make sure they have people with reasonably good work setups.” (VOA/KB)


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Hackers have stolen crypto tokens worth $120 million from Blockchain-based decentralised finance (DeFi) platform BadgerDAO.

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Kishan said that the organisers have been asked to strictly follow all Covid-19 protocols.

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Kishan said that the organisers have been asked to strictly follow all Covid-19 protocols. Also, those who are not vaccinated, will not be allowed without the negative RT-PCR test report, he added. "We have been informed by organisers that a total of 120 guests are invited to the wedding and the events will take place between December 7 to December 10," he added.

Earlier at 10.30 a.m., Kishan called a meeting which was attended by administrative, police and forest department officials, hotel and event managers to ensure adequate arrangements for crowd control, smooth regulation of traffic, and law and order situation amid the VIP movement. The wedding venue Fort Barwara, that has been converted into a heritage hotel, is situated in the panchayat samiti Chauth Ka Barwara. The venue is around 22 km away from Sawai Madhopur and is around 174 km from Jaipur. Sawai Madhopur district is famous for the Ranthambore National Tiger Reserve and as per reports, the guests are likely to be taken for a tiger safari. (IANS/ MBI)


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Dr Rakesh Mishra at the CCMB said on Friday that the consortium is continuously monitoring the situation in all the four cities and has upscaled its efforts to sequence as many samples as possible Apart from the CCMB and the NCBS, the consortium includes CSIR-Institute of Genomics and Integrative Biology - IGIB in New Delhi and the Pune Knowledge Cluster, Indian Institute of Science Education and Research (IISER), Pune, and CSIR-National Chemical Laboratory in Pune.

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