From an employer’s perspective, remote work makes a lot of sense: it means less money spent on office space, access to a talent pool less restricted by location, and possibly even higher employee productivity.
But it’s not just employers who benefit financially from remote work. Employees also save money when they work from home, which is something I didn’t fully appreciate until I joined a company that encourages remote work.
In order to better understand how much money I saved by logging in from home a couple of days each week, I calculated a dollar value for the meals out, coffee, and long commute that I avoided in the process. The total was higher than I expected.