I have not read the article yet but the headline saying “equivalent to an 8% raise” does not just have to mean some kind of soft value. I have to drive 50 km each way to my office. I am much more likely to eat out while at work ( or to hit a drive-thru on the way home ). Given the price of gas where I live, going to the office probably costs me $50 a day more than staying home. That is $50 after tax so you can simplistically double that in terms of salary that it consumes. If I have two jobs to choose from, from a purely financial stand-point, my current job and a fully remote one that pays me $100 less per day are equivalent in terms of the value they bring to my family.

Crap. I have been a “want to be in the office some of the time” guy but making me actually type this out has made me question that. I think I need to start shopping my CV.